'Swachh Bharat Cess imposed last year should be made broad-based.' 'Budget should be predominantly economy/ business-oriented and problem-solving rather than political consideration-based.'
SBI was the biggest loser in the Sensex pack, shedding 2.40 per cent, followed by Yes Bank, Bharti Airtel, L&T, Sun Pharma, M&M, ICICI Bank, ONGC, RIL, Asian Paints, Vedanta and HUL, which lost up to 2.37 per cent.
India is projected to grow at 6.3 per cent in 2015 and 6.5 per cent in 2016, when it is likely to cross China's projected growth rate of 6.3 per cent, the IMF said.
The constituency that support reforms today is much larger today.
While analysts remains overweight on financials, property, discretionary, industrials and materials, they maintain a neutral stance on pharma, telecom and energy; and underweight on staples, utilities, and IT services.
Mercedes-Benz, Ferrari, Porsche and Lamborghini are some marquee badges that have introduced track cars to excite hard-core customers who want to push their cars to the limit, says Pavan Lall.
Barry Eichengreen, professor of economics and political science, University of California, Berkeley, analyzes the transparency of the Reserve Bank of India, the growth rate of the Indian economy and why he feels globalisation can never be rolled back.
'There is a cost to war.' 'The West knows that and so does Putin.' 'The point is, how much of the cost are both sides willing to pay?'
India is among the top 10 countries in the world in terms of expat quality of life.
Reserve Bank Governor Bimal Jalan on Saturday asserted the economy would achieve higher growth rate this fiscal in the face of strong economic fundamentals and good monsoon.
Asian Development Bank on Wednesday lowered India's economic growth forecast for FY2019 to 5.1 per cent on slowing job prospects, rural distress exacerbated by poor harvest and credit crunch. Growth in FY2020 is likely to recover thanks to this support, low oil prices, and a weakening rupee, but risks to the projections remain tilted to the downside, it said on India.
Even at early stage, start-ups are raising more money faster owing to the rise of a lot of specialised early-stage VCs and emergence of seed-stage programmes.
Economic turmoil caused by rising oil prices could hit Indian IT firms due to cut in demand for new software development, the largest contributor to revenues for these firms.
But much depends on govt action & global economy; Sensex gains in 2070 the biggest in five years
In the year to date, 61 PSUs have lost an average of 22 per cent, with five companies losing more than half their share value. The BSE PSU index is down 10.6 per cent.
"The bilaterals amidst the multilateral. PM @narendramodi meets Premier Li Kequiang of China for first engagement," External Affairs Ministry Spokesman Vikas Swarup tweeted.
Narendra Modi has earned a ranking of eight out of 10 in an India Inc survey.
'I am sceptical of the Indian economy returning to a sustained high-growth trajectory any time soon'
The pre-dawn signals are on the balance negative.
If the WTO talks in Bali fail, it will adversely impact India.
Investors must be prepared to believe that things will get better eventually, no matter how bad the current situation may look. If you don't possess this optimism, you will not possess the courage to invest and if you don't invest, you don't give yourself any chance to get wealthy, says Devangshu Datta.
Robust growth in indirect tax receipts points to a nascent revival in manufacturing sector.
Making it easier to do business is a key element of our strategy, says Foreign Secretary S Jaishankar.
Sharma is Head of Emerging Markets and Chief Global Strategist at Morgan Stanley Investment Management.
In its latest interim Economic Assessment report released today, OECD said a moderate expansion is under way in most major advanced and emerging economies.
India will see a gradual growth acceleration with its GDP expected to reach 5.9 per cent this year.
RustOrange co-founders Samik Sarkar, Shashank Agnihotri and Kuvalaya Singh share their story and learnings.
Welcoming the latest round of stimulus announced by Finance Minister Nirmala Sitharaman on Thursday, experts said the measures will support the economic recovery boosting demand, job creation and by providing funds to the MSME and stressed sectors. The fiscal impact of the stimulus is likely to be around 0.25-0.6 per cent of GDP in the current fiscal, they said.
The former RBI deputy governor talked about the prospects of an economic revival, reforms in IMF, etc.
'We've said every year that we're the 'happy slam'. But now we're saying we're the 'very safe and happy slam'.'
India has adopted a bilateral strategies with its immediate neighbouring countries for mutual benefits
Rupee is seen to remain in the range of 67.50-68.80 in the short-term
"In roughly seven years, or around 2024, the population of India is expected to surpass that of China," a UN report said.
Exports in January 2014 stood at $26.89 billion.
The government had projected the GDP growth to be at 8.5%.
The chief minister still has time to repair the damage but he will have to act all-round, both at the government and party levels, suggests N Sathiya Moorthy.
Xi, also the general secretary of the ruling Communist Party of China, arrived in Wuhan, the epicentre of the virus outbreak, on Tuesday for an inspection of the epidemic prevention and control work in Hubei province and its capital city Wuhan, state-run Xinhua news agency reported.
The government hopes of registering GDP growth rate ranging between 6.1-6.7 per cent in 2013-14.
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