'Modi's advent has made the mass of Indians realise that there was absolutely nothing wrong or objectionable in proclaiming nationalism as the masthead of the polity and Hinduism as its centerpiece,' says B S Raghavan, the distinguished civil servant.
The challenge is to convince productive sectors that a lower general rate would benefit all and remove the prevalent system of favours targeted towards narrow industry and service sector groups.
About 1,556 shares have advanced, 1,211 shares declined, and 182 shares are unchanged.
The market breadth, indicating the overall health of the market turned negative from positive
He said the country has witnessed a journey from indecisiveness to clarity and decisiveness.
Fear factors weights on markets, Sensex, Nifty struggle to keep pace.
'The middle class stood by the BJP, especially after demonetisation, and they expected something in return.' 'Some section of the BJP believes the middle class is condemned to vote for the BJP as they have no other choice.' 'They think they can treat them any way, still the middle class will run to vote for it.' 'That's what the Budget seems to convey.'
Calling India one of the most attractive investment destinations globally, vice president of European Commission Jyrki Katainen also complimented the government for its resolve to roll out the GST.
RBI Governor Raghuram Rajan on Tuesday kept the repo rate unchanged 6.50 per cent.
The new Land Acquisition Act to provide just and fair compensation to farmers came into force from January 1, 2014.
The Indian business community wants to see a strong stable government with a willingness to reform, break down the shackles of the past which is holding India back.
Softening the demonetisation blow, the Budget for 2017-18 on Wednesday halved the tax to 5 per cent on incomes up to Rs 500,000 but proposed a new surcharge of 10 per cent on incomes between Rs 50 lakh and Rs 1 crore and raised duties on cigarettes and pan masala while stepping up allocations for infrastructure, rural, agriculture and social sectors.
IT majors weakened ahead of the September US jobs data and telecom stocks ended lower
Mixed global cues and decline in crude oil prices further dent the sentiments.
Experts hail Budget 2015 as a progressive, growth oriented one.
Foreign portfolio investors have been net positive since the Union Budget
An interview with Amit Mitra, the finance minister of West Bengal.
A glance back at some important events that occurred in 2018.
'Jaitley should get the GST and multi- brand retail bills passed to achieve 9%+ growth.'
After assuming power in 2014 with a full majority of its own, the BJP-led NDA government started an ambitious process of reforming labour laws in the form of codes aimed at making the framework less cumbersome with a variety of alterations. It had planned four codes each for industrial relations, wages, social security and welfare, and occupational safety, health and working conditions. To this end, 35 central labour laws were to be converted into four codes that would have had the virtue of streamlining labour relations. But none of the proposed code Bills could be converted into a law principally because neither trade unions nor industry representatives came on board. They hold the key to India's low-growth-high unemployment paradigm but the government may struggle to push them through this time as well. Somesh Jha explains why
Kamal Nath argued that Modi had 'overexposed himself': By constantly pushing his own image on social media and on TV, attaching his name to multiple promises, Modi had become the face rivals could easily blame for India's chronic dysfunction.
Road projects alone worth $10 billion face delays over land disputes and other clearances.
Delhi, which has gained infamy as one of the world's most polluted cities, has for some years now witnessed a sustained campaign from various quarters seeking a ban on firecrackers. While the Centre launched the newly approved, eco-friendly firecrackers earlier this month as a "safer and cheaper" alternative, the mood in the market is tepid, says Ritwik Sharma.
Indian Railway's sustenance, freight traffic, - which accounts for about 70 per cent of its revenue - has been plateauing of late.
A'Market valuation is another concern.'
'India is trading at steep valuations and there have been a number of IPOs, especially in the insurance sector, that have had an impact on secondary market liquidity.'
So, what does 2016 have in store for the Indian markets? Will they be able to take a giant leap forward in the leap year, and what are the key risks?
Gold has pushed lower as a result of Chinese selling.
The Goa CM knows running a coalition government while pursuing a development agenda will require a fine balancing act.
'In a democracy, how can you be scared of Amit Shah?'
Axis Bank, HCL Technologies, Maruti Suzuki, NBCC and Union Bank are their top five stock picks.
By castigating the reforms themselves because of the remediable and reversible defaults here and there in carrying them out, Yashwant Sinha is throwing out the baby along with the bath water, says B S Raghavan.
Market breadth continued to remain strong, with 1899 gainers and 674 losers on the BSEs.
Chartered accountant and Sebi registered investment advisor, Harsh Vardhan Roongta, answers your home loan queries
'The economy needs to deliver the expected 7.5% growth for the markets to deliver better than single digit returns.' 'Any disappointment in growth can see the markets correcting downwards.'
The government will have to get projects moving.
Over two dozen Muslims have been elected to the Lok Sabha. This shows that all is not lost for India's Muslims, suggests Mohammad Sajjad.
Modi is the first foreign leader to be invited to the palace by the Crown Prince, who appreciated the role played by Indian workers in the development of UAE as a modern nation, ministry of external affairs spokesperson Raveesh Kumar tweeted.
'Too much energy these three years has been invested in turning the party into an election-winning machine.' 'To recover its mojo, the Modi government needs a more impressive set of economic figures to flaunt,' says Shekhar Gupta.
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