Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Finance Minister Nirmala Sitharaman on Monday presented the Budget for 2021-22 in the Lok Sabha that is expected to provide relief to the pandemic-hit common man as well as focus more on driving economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours, As India emerges from the COVID-19 crisis, the ninth Budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
India will send a technical team to the United States and Japan to prepare a blueprint for building strategic oil reserves for the 70 per cent import-dependant country as an insurance against contingencies like disruption of supplies.\n\n\n\n
He is betting on emerging firms to generate ideas and build wealth through Premji Invest
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
Garbage will be collected from 12 stations, including Amritsar, Ambala, Haridwar, Jammu, Katra, Dehradun, Moradabad, Saharanpur, Chhatrapati Shivaji Terminus, Mumbai Central and Dadar
The industry's reactions to the Budget have been mixed.
About 4 GW of new nuclear power capacity is under construction in India
'E-mail can become a 24-hour, 7-day/week job if we respond to everything.' 'Be selective, communicate to your teams that you prefer live conversation versus e-mail, and don't be afraid to push "Delete"!' A fascinating excerpt from Mike Thomas's Agents of Change: Unleashing The Innovation of Real-Life Superheroes.
'The economy needs to deliver the expected 7.5% growth for the markets to deliver better than single digit returns.' 'Any disappointment in growth can see the markets correcting downwards.'
Top 5 losers include Lupin, Cipla, Sun Pharma, Dr Reddy's Lab and GAIL down 1.6%-11%.
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
Of these 26, Bajaj Finance, Associated Alcohols and Breweries, Garware Technologies, Filatex India, Tasty Bite Eatables, Aarti Industries and GMM Pfaudler saw an over 10-fold surge in price since 2014.
TCS plans to build ignio as a standalone company.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'By 2020 around 34% of India's population will be in the 15-34 age group.' 'More than 70% of them live in rural areas.' 'Their energy and enthusiasm need to be tapped in order to meet their aspirations and transform agriculture and the rural economy,' says P K Joshi.
The agreement was reached in intensive negotiations between contact groups that Obama and Modi had set up in September.
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
The business is impacted by low volume growth amid Christmas and New Year holidays.
Sustained rural poverty can't be eradicated without capacity building.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
China accounts for 90% of imports of mobile phones to India.
'The biggest lacuna in this agreement is it is called 'full civil nuclear cooperation agreement.' Actually, it is anything but full.'
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
Commercial banks are also expected to be soft on loan repayments and restructure the loans, if not write them off.
As you spruce up for Dussehra puja this year, we have a suggestion for you! How about looking at your finances in a whole new way?
ignio has more than 75 patents filed in the artificial intelligence, machine-learning and intelligent-automation space
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
While hybrids, CNG and biofuels found favour in 2018 among many carmakers including Maruti Suzuki, Mercedes-Benz, Toyota and Honda, others such as M&M and Tata Motors have shown full faith in electric vehicles.
The ministry has also decided to offer station for redevelopment by inviting open bids from companies.
With the frontline Indian benchmark indices trading near all-time highs ahead of the general elections that begin later this week, Marc Faber, Editor and Publisher of "The Gloom, Boom & Doom Report" tells Puneet Wadhwa that the Indian stock market is relatively expensive, especially the index (large-cap) stocks.
The six service lines that Infosys is focusing on include manufacturing, retail, consumer packaged goods, logistics, lifescience, energy, communications, financial services and insurance.
The government is determined to stop generation of black money, he said.
'Astad had the courage to plough a lonely furrow. He made a life of his own, on his own, and created a path-breaking dance style.' 'Only a few in the performing arts could do what he did.' 'A classical dancer can fall back on tradition, but Astad created something absolutely new.'
Weeks after 'breakthrough', substantial work is yet to be done
In the broader markets, the BSE Midcap and Smallcap indices were up 0.5% each
Buffett typically makes his donations in July, reducing the number of shares by 5 percent from the prior year.
The company's growth was driven by a decline in total expenses, lower finance cost and higher other income.
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