The overall rank has been propped by the third criteria of innovation and sophistication, which have ranks of 59 and 57 respectively.
'Swachh Bharat Cess imposed last year should be made broad-based.' 'Budget should be predominantly economy/ business-oriented and problem-solving rather than political consideration-based.'
'No commercial bank will be allowed to fail. There is nothing to worry about.'
Modi had campaigned with promises of jobs, infrastructure and development.
For stressed loans, the need is to prevent disruption in cash flows from a systemic perspective, conserving employment and assets in untainted enterprises with the potential for recovery, says Shyam Ponappa.
Rural budget set to increase; likely to enhance market linkages for agri commodities
With Sebi clearing the final guidelines for creation of Real Estate Investment Trusts (REITs), assets worth around $12 billion are likely to be listed in the next 2-3 years.
Other than ITC, other laggards include PowerGrid, Infosys, M&M, NTPC, SBI, HDFC, Kotak Bank, HDFC Bank, TCS, Hero MotoCorp, Coal India, ONGC, RIL, Asian Paint, IndusInd Bank, ICICI Bank, Maruti Suzuki, Bajaj Auto, Tata Motors, Bharti Airtel and Axis Bank.
L&T -- which has two subsidiaries L&T Infotech and L&T Technology Services -- is keen to bring Mindtree under its fold to exponentially raise its client base and product offering.
With the virus mutating, can vaccines be assumed safe and effective in the long run?
'Most of the testing capacity in India is in the private sector.' 'Whether it is the established RT-PCR test for COVID-19, or it is other innovations in testing that are now coming up, all these are fully within the capabilities of the private sector.' 'Health policy should harness these capabilities,' says Ajay Shah.
Reskilling and online certification are the biggest earners in the Indian online education market
Bajaj Auto was the top gainer in the Sensex pack, surging 3.95 per cent followed by Maruti Suzuki at 2.69 per cent.
The broader Nifty ended on top of 9,800 again.
Several factors seem to have corrected in India in the past six months, says the president of New Development Bank.
SBI had a bad day, sliding the most by 5.36%. Others that dragged the key indices down were M&M, Reliance Industries and L&T.
So far this year, there have been 76 private equity investments in India
The Sensex has now lost 878.32 points in six sessions -- its longest string of losses in six months.
We all need an expert whose advice you can trust, who will not start pushing products at you and rather help you understand why your wealth is not growing as it should, says Erik Hon.
It will take over large non-performing assets of banks and help in revive companies ridden with bad debts.
To build one's political and ideological arguments on the dead bodies piling up outside our crematoriums is despicable and breaches the basic tenet of human civility, argues Vivek Gumaste.
DEA is currently headed on an interim basis by Corporate Affairs Secretary Tapan Ray
S Naren of ICICI Prudential says long-term investors needn't worry.
India will welcome two trade missions in 2015 focused on meeting its infrastructure needs with US technology and services.
The government kept its nerve in the face of a massive shock. It chose not to resort to a massive fiscal stimulus. It focused instead on providing liquidity support and easing restrictions on movement in stages, observes T T Ram Mohan.
The NSE 50-share Nifty spurted 97.25 points, or 0.92 per cent, to 10,715.50
The fall came on the back of a massive selloff in NBFCs, led by DHFL which skidded over 50 per cent on fears of a liquidity crisis.
There is a huge opportunity for foreign investment in India as the government focuses on rapid infrastructure development in the country, Finance Minister P Chidambaram said.
Payments banks are niche banks which will be allowed to function with several restrictions.
'The quick fixes have failed; there is now no alternative to deeper reforms,' says Ajay Shah.
The BSE Sensex moved up 103 points to 35,319.35, while the wider NSE Nifty finished at 10,741.70, up 23.90 points.
The broader NSE Nifty slipped below the 10,500-mark by falling 103 points, or 0.97 per cent, at 10,482.20. It touched a high of 10,645.50 and a low of 10,464.05 during the day.
Observing that the economic recovery was not yet fully entrenched, the RBI Governor said recovery is likely to be gradual.
With mutual funds, promoters turning net-buyers, foreign investors may have to bid up prices to raise holdings.
India had a transition from 'socialism with a limited entry to marketism without exit'.
The Sensex and Nifty remained above their key levels of 36,000 and 10,900 throughout the session, indicating strong investor optimism after a prolonged spell of caution.
The revision was announced before Indian markets opened on Thursday.
Small- and mid-cap stocks continued facing selling pressure due to stretched valuations.
The overriding objective of the National Investment and Infrastructure Fund (NIIF) must be adequate economic return, not financial return.