Offshore rupee debt was likely to attract good demand
While one of them is on the verge of opening, three others are expected to come up in the next three years.
Finance Minister Arun Jaitley last month pointed to the high cost of capital for India's businesses as a key factor behind a manufacturing slowdown.
'Tax cuts will have only marginal effects in the short run and significant positive effects in the medium term,' says Shankar Acharya, former chief economic adviser to the Government of India.
Whether one likes it or not, services constitute the value-addition sector that the country has to build on, using its comparative advantage in infotech and related skills, suggests T N Ninan.
The move would help insurance firms to get much needed capital from overseas partners.
'India-China economic ties are likely to take a hit in the wake of the new situation, but that also provides India with a new opportunity to strengthen its manufacturing base,' points out Dr Rajaram Panda.
The assumption clearly was that project execution timelines would be adhered to and revenues would flow in as scheduled.
RBI governor Raghuram Rajan said, banks may be soon allowed to increase stake above the current cap of 10 per cent in companies undergoing debt restructuring.
Piyush Goyal emphasised that India is committed to pursue a green path to growth.
It was widely expected that this time around, the government would be less likely to initiate fresh reforms and rather loosen its belt a little to give various segments of the economy, especially the multitudes that truly constitute India, something to smile about, says Sudip Bandyopadhyay.
Congestion on Mumbai roads has become chronic.
The Rs 63,000-cr Mumbai-Ahmedabad high-speed corridor and Rs 14,000-cr CSTM-Panvel suburban corridor are two of the largest projects.
A GST roll-out by April 1 looks difficult, giving the companies some succour.
Banks stocks continued to trade weak along with FMCG major ITC.
To invest $1 bn in realty sector, mulls new funds; has done exits worth Rs 8,000 crore, says founder
Pranay Bhatia offers insights on some key issues from Nirmala Sitharaman's maiden Budget.
'India is the largest stomping ground in the world for impact investing as we have an extraordinary combination of entrepreneurial drive with huge, absolute demand for all kinds of social services,' IDFC First Bank's chief Rajiv Lall tells Anjuli Bhargava.
Arun Jaitley presented the Budget in Parliament on Saturday.
Projects in other developed countries, such as Canada, and even in developing nations like Mozambique and Indonesia are also in limbo
Ambani said, in the telecom space, the focus will be on debt reduction, and the virtual merger did away with the need for major capex and will help towards this
IT major Wipro on Friday reported a 9 per cent rise in Q3 net profit at Rs 2,192.8 crore in Q3.
Iran's decision to keep India out and welcome China to the scene is a huge strategic setback for India, observes Dr Rajaram Panda.
Modi along with Assam Governor Jagdish Mukhi and Chief Minister Sarbananda Sonowal also walked a few metres on the bridge.
The Sensex closed the day at 28,141, up 486 points, while Nifty50 settled at 8,716, up 155 points.
Illustrious international thinkers met at the Milken Institute Global Conference 2021 and many discussions addressed the impact of the COVID-19 pandemic on the world at large.
Infra sector is neglected by the Modi govt.
The Budget has unveiled measures that should now pave the way for India to progress from Make in India to 'Innovate in India'.
Exemption from minimum alternate tax for REITs & infrastructure investment trusts; Depository receipts on all securities eligible for tax benefit
Finance minister Arun Jaitley has delivered a Arun Jaitley delivered a bold, far sighted budget
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.
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
Independent directors were supposed to safeguard the interest of all stakeholders.
Experts caution that the rally in these stocks may fizzle out soon, as the overall market sentiment still remains weak.
JM Financial Consultants, Arpwood Capital and Alvarez & Marsal will advise the board going forward
Metro projects usually require additional funding by promoters, which RInfra refuses to in this case.
There's a 13 per cent increase over last year, in an effort to put its flagging revenues back on track.
On Monday, the US delegation met Urban Development Minister Venkaiah Naidu.
Indian govt is trying hard to get global investors to invest in the country.
The first quarter of 2018 saw infrastructure and real estate drive investment worth close to $8 billion across 180 deals