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.
This was the near-unanimous replies of 10 market participants.
For the seven months since February 2014, the benchmark index surged nearly 27%.
Rate-sensitive sectors like banks, auto and realty witnessed strong buying demand in trades today
The fund industry may have embraced machines and robots, but managing money still needs the human touch
The S&P BSE Sensex gained 115 points to end at 24,338 and the Nifty50 climbed 42 points to close at 7,404.
'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.'
Stock prices is due to valuation expansion
While naysayers say the economy is on a downward spiral, optimists point out that India has experienced a shift of gears in the realm of policies, thanks to several initiatives of the Narendra Modi government, says Ashok K Lahiri.
Markets will remain closed on Thursday, 12 November 2015 on account of Diwali Balipratipada.
'These are challenging times and we get energised by that.' 'I don't feel that 'I am tired now and I should relax', because even if someone calls us at 12 o'clock I have to answer his call.'
This uncaring attitude is primarily based on the fact that road concessionaires still do not see themselves as "service deliverers", says Vinayak Chatterjee.
Salil Dhawan reveals the MFs that have not only performed well in the past but have a promising outlook for the future too.
Place your bets only on cities where you can easily monitor and where there's visible growth.
'I have never seen anybody disliked more as prime minister than Modi.' 'What is interesting is in his prime ministership, no matter whatever happens in any corner of India, Modi is blamed for it.' 'Modi has not suspended any Constitutional liberties. No Opposition leader has been put in jail... Modi is not Hitler.'
Budget was a mild disappointment. Yet, the bull run continues.
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.
"We are seeing the feel-good factor is back. It's only a matter of time before the entire economic engine starts working seamlessly," says Motilal Oswal.
A comprehensive technical framework needed, from which a more convincing policy could be demonstrated
The 30-share Sensex ended down 30.30 points at 28,161.72 and the 50-share Nifty dipped 7.95 points at 8,543.
Govt keen to revive business sentiment in india.
Companies from the capital goods space will under-perform.
'What would a composite of Dawood, Rajan, and Arun Gawli be like?' 'What if an absconding mafia boss were to land in Mumbai tomorrow, tired from all the running, and tender his final apology to the city by narrating his story and narrating it with brutal honesty?' Sreehari Nair watches Sacred Games.
Modi is optimistic that the reforms will be passed soon.
In the near term, the key driver will still be the government's fiscal spending.
"The poor will not suffer disproportionately due to bouts of sharp inflation, and the middle class will not see its savings eroded," Raghuram Rajan said.
In the first part of an exclusive interview with Sheela Bhatt/Rediff.com on the eve of the first year of the Narendra Modi-led NDA government, BJP President Amit Shah talks about the government's achievements and the controversy over the land ordinance.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
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