The estimates of national income and growth do not pass the 'smell test'.
Telecom shares rallied on hopes that they would hike tariffs after huge investments to acquire spectrum.
It has built confidence in the possibility of change; now reality has to catch up with the image and the expectation, says T N Ninan.
The government also proposed promoting 'one product one district' for better marketing and export of horticulture crops. It also called on states for early implementation of three key central model laws on land leasing, agriculture produce and livestock marketing and contract farming.
Today, Vachani's public-listed company, Dixon Technologies, has gone beyond manufacturing just television sets. Armed with private equity funding from Motilal Oswal eight years ago, it has transformed itself into a Rs 4,400 crore electronic manufacturing services major, which now straddles lighting products, home appliances, feature phones, LED bulbs, amongst others. A two-part series looks at how two home-grown manufacturers are leveraging the govt's production-linked incentive scheme.
In the currency markets, the rupee lost another 10 paise to close at 1-week low of 63.54 against the US dollar
Jaitley's Budget has the potential to change the face of Modi's Bharat
The RBI governor-designate may be economical with spoken words, but is known for his sharp and critical writings
Parekh said divestment can unlock huge funds.
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.
The $306-million investment in Ola Electric Mobility by SoftBank Corp, Arun Sarin Family, Ratan Tata and Matrix has been the biggest funding in this space in value terms this year.
India Inc has few leaders who are likely to grab headlines in 2015.
Bank of America Merrill Lynch on Monday trimmed India's economic growth estimates by 30 basis points to 7.1 per cent for the current fiscal, while global financial services giant Morgan Stanley downgraded its GDP growth forecast for the current fiscal to 7.3 per cent from the earlier 7.7 per cent.
The middle class's long push to force the state to retreat from the economy may be reversing, says Ajit Balakrishnan.
A raise in the I-T exemption limit has been sought by many.
The minders of the Modi government's economic policy believe it would take 7 to 8 quarters -- or till around late 2018 -- for the economy to reap the rewards of demonetisation.
It has the potential to burnish his image as a strong leader, bring down inflation and could turn out to be common man-friendly.
Its economy dependent on tourist arrivals, the hill state is looking at a summer of discontent. Not that the rest of the year promises to be any different. Ashwani Sharma reports from Shimla.
The Reserve Bank on Monday pitched for creation of a conducive environment for investment and faster clearances of projects to boost economic growth which slowed to a decade low of 5 per cent in the previous fiscal.
All sectoral indices, led by realty, PSU, oil & gas and banking, were in positive zone with gains of up to 1.25 per cent.
As FIIs pull out of road projects, doubts have surfaced about the future of new highways and roads
The first phase would comprise universal access to banking facilities. Under this, basic bank accounts with zero balance, RuPay debit card and financial literacy, will have to be completed in the next one year, officials said.
Corporate India at present is more indebted than all state govts put together.
Andhra Pradesh and Maharashtra are at second and third spot, whereas Uttar Pradesh and Bihar remained at the bottom.
Without our realisation, basic AI is already managing our personal and work lives through emails, work processes and even entertainment
The Survey projected growth rate of 7-7.75 per cent for 2016-17 with downside risks due to weak global economic scenario.
Stalin has given due respect to seniority in the pecking order, but has also taken into consideration the demands of individual ministries and the suitability of individuals, observes N Sathiya Moorthy.
Encouragingly, the recovery also appears to be becoming broad-based
The 30-share Sensex ended higher by 30 points.
Gujarat has topped with a score of 71.14% on ease of doing business list.
The long-term growth perspective or potential for India is one of the highest in the Asia Pacific region.
The elements are all aligned to make India a global powerhouse, says IMF Managing Director Christine Lagarde.
Markets ended tad lower with financials declining the most ahead of RBI policy review tomorrow.
Experts consider Sebi's takeover code in its present form to be on a par with any foreign code governing public mergers and acquisitions.
A glance back at some important events that occurred in 2018.
As many as 75 million households that do not have access to banking services will be covered and at least one bank account opened for each household, against the earlier proposal of two.
As economic policy making moves from pragmatism to populism, the bulls begin to make way for cautious optimists.
The S&P BSE Sensex surged 160 points to close at 25,262.
The assumption clearly was that project execution timelines would be adhered to and revenues would flow in as scheduled.
Open loop pre-paid cards come with a two-factor authentication. One for ATMs and PoS transactions, and the other for online transactions