Over lunch, Finance Minister Arun Jaitley breaks down his Budget. Sheela Bhatt/Rediff.com reports.
The Budget has evoked mixed reactions from Silicon Valley investors.
The 30-share Sensex and the 50-share Nifty ended flat at the mark of 29,008 and 8,767 respectively.
Prime Minster Narendra Modi's op-ed in the German daily Frankfurter Allgemeines talks about development, New Age India and his 'Make in India' campaign. Here's the complete text of the column.
This is the second extension for the bids since June 18.
Amid rupee sliding below 64 to a dollar, global agency Standard & Poor's on Tuesday said it will maintain negative outlook for the country as currency depreciation is adversely impacting investor confidence.
Businessman P C Mustafa wants Indian Americans to return home, Cognizant CEO Francisco D'Souza outlines how Indian tech companies could grow, Gaurav Dalmia has some investment recommendations while Subramanian Swamy warns that India is flirting with a debt trap.
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.
Deepak Parekh, chairman of Housing Development Finance Corporation (HDFC), India's largest mortgage lender, says the exuberance in industry about the new government is justified but big ideas articulated by the prime minister need speedy implementation.
Together, they controlled nearly Rs 26 lakh crore of assets at the end of FY16.
The Finance Minsiter says country requires 'a larger opening out in more sectors, stability of policy and tax regime'
As rural demand tapers, companies are back at the drawing board, firming up plans to beat the unexpected slowdown in sales.
As debt piles up, Anil Ambani's ability to see the asset sale plan through will be crucial
The opposition has attacked the Modi government over the National Democratic Alliance's last full-fledged budget before the 2019 Lok Sabha elections.
'On the tax front, most of the Budget proposals are sensible'.
The biggest achievement of the Modi government in the past one year was it could bring positivity in the minds of people and industry, says V P Nandakumar, executive chairman of the Manappuram Finance Ltd, in an interview to Shobha Warrier/Rediff.com.
'India easily remains one among the more attractive large economies, with high growth and stable/improving macros, as a top investment destination.' 'We are looking pretty good.'
A fleet of eight JF-17 Thunder fighter jets -- jointly made by the two countries -- will escort the Chinese president once his plane enters the Pakistani airspace.
He was number three in 1999 when the company was founded.
Here is the full text of the joint statement issued by India and the US.
'This prime minister thinks he knows everything.' 'He has to consult, he has to talk and he has to mobilise the best people, but having seen him function, I have no expectations from him.'
Tight liquidity will hit over-leveraged and cash-hungry companies, spare conservative ones
'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.
'Instead of doing reforms and restructuring, the present government is busy with the perception that everything is fine and the economy is hunky-dory.' 'Such hollow perceptions are very dangerous for the Indian economy in the long run.' 'The real risk to India is the lack of decent employment opportunities for youth in general and educated youth in particular.'
IMF attributes the slower growth rate to supply-side bottlenecks.
The Telangana Group of Ministers on Friday reviewed the progress made by the Andhra Pradesh government with regards to the bifurcation of the state on various fronts.
With projects worth Rs 1,28,000-cr, the group hopes to become one of the country's biggest industrial houses.
'Making the railways better is a different type of a challenge.'
Cyrus Mistry had put in place a strategy that would have pulled most of the Tata group's 'legacy hotspots' out of the financial mess from legacy issues and helped turn around the group's finances.
Petrol attracts a total excise duty of Rs 17.46 per litre.
This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India.
India and the United States are working on efforts to improve cooperation on UN terrorist designations and expand the sharing of information on known or suspected terrorists "no matter where they may be located," says US Ambassador to India Richard Verma
The markets gained nearly 7 per cent in the 4 trading sessions of March.
Brokerage CLSA has raised its "already substantial overweight in India", its chief strategist Christopher Wood wrote on Aug. 7.
Adani Enterprises plans to invest a total of $25 billion in the next five years.
Move to hasten rollout and, if successful, set a precedent for new banking firms.
Governor Rajan can be more unambiguously pro-growth.
Besides a minority stake, the UK and Welsh governments are considering additional grant funding
The 24-hour delivery offer applies only to select postal codes and is not available across the country.
West Bengal was the second-most industrialised state in terms of value added and first in terms of number of factories and employment even in the mid-1960s. With a severe and long process of deindustrialisation, it lost its primacy.
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