'Defence funding is channelled to State-owned research organisations where scientists are merely bureaucrats holding meetings and sending out minutes of meetings and press releases, but have long ago stopped any innovative work.' 'Unless this tragedy is fixed, India's chances to create world-conquering and job-creating new industries are slim,' says Ajit Balakrishnan.
Saurabh Mukherjea, CEO, Ambit Capital, says he is advising clients to either take a genuinely long-term view on stocks or diversify the portfolio with stocks, bonds and gold for those with a short-term view.
The implications aren't too significant, given the size of Ukraine and its role in the global economy.
'We are overweight on India, as it is one of the best in emerging markets (EMs)'
Income Tax dept to enhance prosecution against large defaulters.
Private consumption is looking up and will get better as the full effect of the good monsoon is felt on rural income, and the effect of the payout from the Seventh Pay Commission is felt on urban income, say Anis Chakravarty & Rishi Shah.
Ajai Shukla presents an action plan for Defence Minister Rajnath Singh to fix the systemic weaknesses in defence.
The 10 accused in the case include prime accused Satyam Computers founder and former chairman B Ramalinga Raju, his brother and Satyam's former MD B Rama Raju, ex-CFO Vadlamani Srinivas, former PwC auditors Subramani Gopalakrishnan and T Srinivas, Raju's another brother B Suryanarayana Raju, former employees G Ramakrishna, D Venkatpathi Raju and Ch Srisailam, and Satyam's former internal chief auditor V S Prabhakar Gupta.
You can look at equity-oriented balanced funds.
Rates on tax-free bonds are linked to government securities.
The pension fund managers distribute products under the National Pension System.
For July-September, it pegged CPI-based retail inflation at 4.2 per cent which it saw firming up to 4.8 per cent in the second half of the current fiscal.
'I'm a big fan of Hindu and a big fan of India -- big, big fan.'
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
Inclusive growth is about enabling wider participation in the growth story, but the current if fiscal debate is about how to compensate losers using annual Budgets, says Rathin Roy.
Online and mobile based personal finance applications have gained importance over the past few years.
IT companies see this as a huge opportunity.
The rouble has fallen about 45 per cent against the dollar this year.
A sum insured of Rs 3 lakh to Rs 5 lakh may have been sufficient seven-eight years ago but would be inadequate today, especially for people living in metros, points out Sanjay Kumar Singh.
The Urjit Patel committee on monetary policy framework has proposed setting up of a monetary policy committee (MPC) that will be headed by the Reserve Bank of India (RBI) governor and accountable for achieving inflation target set by it.
India must weave a quick-fix formula to ensure growth.
The initiative would provide double the relief announced by the states of UP and Maharashtra, the Punjab CM said.
Priya Nair tells you how you can use technology to invest better and maximise returns.
Europe's largest carmaker had previously admitted to installing cheat software on up to 11 million vehicles worldwide with smaller diesel engines.
The clue to the what lies ahead for Tamil Nadu Chief Minister J Jayalalithaa, following the Karnataka government appealing in the Supreme Court her acquittal in a disproportionate assets case, may lie in a 2001 court case, writes R Ramasubramanian.
Indian cotton and paddy could see their competitiveness in international markets take a hit
'This announcement is big foolishness.' 'The government has no idea of economics. They are just announcing what comes to their mind.' 'Let them implement what they have announced and just see what will happen in two years.'
Infosys, Tata Motors, ONGC, TCS and GAIL are the top 5 losers.
A simple primer on how much money taxpayers can save under various sections of the Income Tax Act.
Mihir S Sharma outlines why this year's Union Budget does not respond to the needs of India's economy, or attempt to frame the economy's future.
His recent walkout from Chief Justice Dipak Misra's court earned him critics in courts. 'Yet, even the senior-most judges give him the respect that he deserves.'
But the Robert Vadra firm, which held luxury apartments in top DLF projects, sees income and profits dry up since FY11.
India's overall retail inflation eased to 4.41 per cent in September, helped by falling commodity prices, but rural inflation was at 5.05 per cent
A gradual increase works best for the US, as well as global markets, says Nizam Idris managing director, head of strategy (fixed income and currencies), Macquarie Bank.
For the PMO this is urgent as the Digital India framework would depend on how the telecom companies perform. It is also linked to the proposed auction of 5G airwaves.
Small and medium enterprises had complained of tedious compliance burden under the Goods and Services Tax
While riskier than debt, Sebi's stringent guidelines may ensure a safe and liquid product.
The Budget may see new rural schemes and stepping up of funding towards existing programmes like MNREGA, rural housing, irrigation projects and crop insurance.
They believe that long-term story is intact.
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