Prices of two-wheelers, passenger and commercial vehicles are set to rise 15-25%
According to the global research firm, though a sharp fall in WPI inflation and negative growth in Industrial production is exerting pressure on the RBI to cut rates, the quantum of rate cut will be more important than the timing.
'This solid verdict would further strengthen his resolve to drive forward the economic agenda to ensure that the fruits of the economic momentum continue to reach the poor, so visible during the last five years.'
China's economy, which suffered 6.8 per cent slump in the first quarter due to the coronavirus pandemic -- the worst in 44 years -- bounced back posting 4.9 per cent growth between July and September buoyed by the government's sweeping efforts to stimulate demand and consumption.
The 70 launches were made in the first half of the financial year alone and were mostly focused on hygiene, health & wellness, naturals and convenience, which were in high demand as Covid -19 raged across the world.
The office space absorption in seven cities, Delhi-NCR, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad and Pune, rose 14 per cent during the July-September quarter compared with the year-ago period.
The demand is the highest for the India-Pakistan match at Old Trafford in Manchester on June 16 and also for the final at Lords on July 14.
India's upbeat outlook contrasts with neighbouring China, where growth slipped to 6.7 in the first quarter
RBI's intention to keep its target inflation rate at 5% was the main reason behind keeping rates unchanged, says Adhil Shetty, CEO of BankBazaar.com.
Tata Motors drove the Sensex rally for the second session in a row, surging over 8 per cent. Other top gainers were Bharti Airtel, TCS, Bajaj Finance, PowerGrid, IndusInd Bank and State Bank of India -- rising as much as 5 per cent.
Despite a slowing economy, the Budget does not envisage any major stimulus through the budgeted fiscal deficit figures, said Goldman Sachs.
Stock markets in structural bull run but there can be bouts of volatility says Ravi Gopalakrishnan, head, equities, Canara Robeco Mutual Fund
The trade gap - difference between imports and exports - was $11.39 billion in March 2015.
The Sensex has slid 18.5 per cent from its January 2015 peak.
Mid- and small-cap companies seem to have done better than top-tier companies
India's exports are estimated to have remained at around $312 billion in 2013, while the final figures for 2014 could be around this figure only.
M&M also plans to significantly increase its play in the domestic market where it is already ahead of its rivals Tafe, Escorts, Sonalika Tractors by a wide margin
India, he said, has opened up its markets and stepped up public investment including in the infrastructure space and is concentrating a lot on boosting expenditure to improve the quality of rural life
Software industry body Nasscom on Wednesday appointed Cognizant India Executive Vice Chairman R Chandrasekaran as its Chairman for the year 2014-15.
The NSE Nifty also gained 53 points, or 0.49 per cent, to settle 10,855.15 after shuttling between 10,870.40 and 10,749.40.
In these times of global uncertainty, be cautious in selecting the right market and fund.
My sense is that we are in a situation similar to 2011-13, notes Debashis Basu.
Why India is an FDI magnet. The country satisfies several reconditions to attract FDI.
The RBI had lowered policy rates by 0.50 per cent between January-March to prop up economic growth.
While online coaching has become a big hit during the lockdown, the path ahead is not easy, reports Rupesh Dutta.
Softening rural consumption and the likelihood of weak corporate earnings in the March quarter saw investors dump stocks.
Most expect these bubbles to break in short order and cause serious financial pain to anyone who's foolhardy enough to remain invested in financial assets.
Higher crude oil prices also translate into better corporate earnings for India's top companies
The S&P BSE Midcap and the S&P BSE Smallcap indices slipped in red to shed over 1% each
It was the second straight week of gains for the benchmarks.
BSE Bankex, Healthcare, Capital Goods and Consumer Durables ended higher.
The need of the hour is to strike a balance between the capability of the conventional and the prospect of the renewable to give a realistic shape to the Prime Minister's vision, says Rajiv Mishra.
Hopes that better-than-forecasted monsoon may help the RBI cut rates sooner than expected, too triggered buying activity.
Reflecting the bullish mood, all sectoral indices ended with gains, led by auto, oil and gas, FMCG, IT and teck. The broader NSE Nifty, after crossing the 10,600-mark, settled 68.40 points, or 0.67 per cent higher at 10,598.40.
Ashley Furniture Industries, which made a debut in India last month in Bengaluru, planning to open 100 stores in India over the next few years.
The BSE Mid-and Small-cap indices outperformed their larger peers rising 72 per cent and 52 per cent, respectively, during Samvat 2070.
Check out some of the stocks that will react on the basis of their numbers in the near term.
Employers are now increasingly looking for candidates with a wide range of nuanced skills that will be crucial to have an edge in a competitive market, says Shekhar Bhattacharjee.
Sanjeev Goel, business head, Manipal ProLearn, lists 10 courses that are currently most suitable for working professionals to upskill or reskill to ensure they remain of value in the job market and in future-ready organisations.
In the new decade, the scene will change because the banks till recently had been challenged by the fintechs, but the techfins have now entered the arena, observes Tamal Bandyopadhyay.
