The services sector, which plays the biggest role in shaping the economy, is facing loads of issues currently. The largest segments, financial and real estate, are struggling to cope with bad debts and low demand for houses.
The fiscal deficit for 2015-16 may eventually come down to the targeted level of 3.9 per cent of GDP.
The US is pressing for taxing digital economy through the 'marketing intangibles' principle and the UK through a 'user-base' principle.
The Ebitda margin, too, was lower than the expected 29.1 per cent.
Overall, the populist/ electoral elements in the budget have remained measured with the finance minister being clearly aware of a higher-than-expected rise in oil prices, less-than-planned tax revenues and the wider deficit for FY 17/18, constraining his margin of maneuver, says Claude Claude Smadja.
The report said South Asia is expected to be the fastest-growing region.
Surging value of dollar may be posing the biggest threat to US corporate earnings.
Unlike Air India and Jet Airways, which have revised downwards free check-in baggage allowance on domestic flights, GoAir has made provisions for pre-purchasing excess baggage limits.
'The huge amount of investments being made by telcos in India for telecom gear, there is no way this demand could be met only by Europeans.' 'The Chinese are quick in installation and offer great value for money.'
This analysis is based on the quarterly earnings for 724 companies.
'See to it that you have adequate skills that will make you so indispensable that they cannot fire you.'
Four decades of federal evolution made India more secure, but coronavirus is reversing that. Modi's central government has tasted power again and is unlikely to give it up, notes Shekhar Gupta.
Ever since India became a force to reckon with in software services, doing for clients what they want done, the big void that has been constantly talked about is its absence from the space of software products - those over which you own intellectual property rights.
The USIBC has encouraged a streamlined implementation of the GST.
There are also talks of branded garments being put under the luxury tax slab, which could be higher than 18 per cent.
Urvi Malvania reports on the restructuring expected at Disney India under new MD Mahesh Samat.
It has been lowered to 'IND BBB+' from 'IND A-', besides placing the rating on 'Rating Watch Negative' (RWN).
Tata Motors was the top gainer on better-than-expected June quarter revenues
Deutsche Bank, one of the leading international financial service providers, plans to move almost half of its back-office jobs to India by the end of next year, according to a media report.
India ranks 83, among 166 countries, in spending on mobile rates
Infrastructure stocks are once again gaining traction.
Tatas' brand value grows 12% in the past year, far ahead of Reliance and Airtel.
The Indian market is highly competitive, and tariffs here are amongst the lowest in the world.
The direct tax collections are likely to fall short of the revised Budget target by Rs 650 billion and, in fact, were Rs 150 billion lower than the original estimate for the fiscal
Singapore Airlines has given new brand names to two carriers it controls - SilkAir (short-haul) and Scoot (low-cost, long-haul.
After GM's India exit, Ford-Mahindra 'strategic alliance' under spotlight.
Rediff.com gives you a lowdown on the net neutrality issue that is today part of the national discourse.
Hygiene and cleanliness of trains and stations a must
Sections in the draft Personal Data Protection Bill are a blatant violation of the Right to Privacy as guaranteed by the Constitution.
'The estimates of tax forgone on this item run into hundreds of billions.' 'And there is neither fairness nor rationality to support continuing with this tax holiday for just one class of investors, those who put their money in shares,' says T N Ninan.
Flipkart on Tuesday launched a next-day delivery service.
For India, it is business as usual with the government muddling along.
'The actual price of petrol is Rs 35 and it jumps to Rs 88 because of government taxes.'
The authoritative Congressional Research Service, which provides data and analysis to the US Congress, finds that India no longer features in the world's three biggest arms importers.
In its essence, GST is a national level system of value added taxation of goods and services, says Shankar Acharya.
Known for stable returns, near debt-free status and dividend track record, these 10 PSU stocks are worth buying now.
The government told the Rajya Sabha on Thursday that Bharat Sanchar Nigam Limited and Mahanagar Telephone Nigam Limited would not be privatised in the near future.\n\n\n\n
'The current budgetary practice of shifting expenditures off-balance sheet in order to be seen to be meeting fiscal targets should be discontinued; additional fiscal stimulus would be imprudent; individual income tax rates should not be cut; GST rates should not be raised now,' advise Arvind Subramanian and Josh Felman.
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