Experts advise investors to buy at lower levels in the next few months and sell at the higher end of their range in the second half, reports Rajesh Bhayani.
10 central trade unions have called a nationwide shutdown against 'anti-worker policies' of the central government. Apart from being successful in Bengal, Kerala and NE states, the bandh has also got support from Cong leader Rahul Gandhi and Shiv Sena in Maharashtra.
Coal India achieved a staggering production of 536.51 million tonnes during the financial year ended March 31, 2016
'I can assure you the Ganga will be more polluted in 2030 than it is now.' 'What they are trying to do now is clean the Ganga without understanding how to do so.'
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.
From crisis leaders to future Goliaths, India Inc saw them all in 2017, says Shailesh Dobhal.
The previous high GDP growth of 8.1 per cent was recorded in April-June quarter of 2016-17.
Make in India campaign has huge potential.
India's GDP growth will be 7.5% this year: Jaitley
'Our confidence has been strengthened by the fact that the Supreme Court has decided to examine the Constitutional validity of all that has been done on August 5.' 'That in itself is an achievement because the Supreme Court could have very well said you don't have a case at all.' 'The very fact that the honourable court has decided to admit it for regular hearing, and refer it to a Constitutional bench, tells us that the Supreme Court has found merit in our case.'
Kanika Datta explains why the Modi sarkar is gunning for non-profit organisations
The Modi government's array of economic policy has been impressive.
The Reserve Bank of India (RBI) has liberalised the procedure for facilitating the import of rough diamonds (termed roughs in the trade).
'We do India great disservice if we continue to perpetuate a flawed narrative on trade, one based on myths rather than facts,' says Hardeep Singh Puri.
Govt keen to revive business sentiment in india.
'The Jharkhand government is increasingly intolerant of voices of dissent.' 'Recently 20 persons, including activists, writers and academics, were booked for sedition.' 'Many of them have been critical of the government's apathy towards Adivasis,' notes Siraj Dutta.
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Modi government has taken some interesting policy decisions in the 100 days since the time he met President Pranab Mukherjee to present his claim as Prime Minister of the world's largest democracy, says Tanmaya Nanda.
Bhatnagar is expected to take charge of the CRPF later this week as he is on an official assignment in Indonesia in the capacity of NCB DG.
'That is not a democratic ideal obviously, but it is a practical reality.' 'It is a consistent feature of politicians in Pakistan that their rhetoric on the army softens the closer they get to the seat of power.'
Investment in infrastructure was necessary for the economy, as power shortages, inadequate transport and poor connectivity affect overall growth performance, as per the Economic Survey 2019-20 tabled in Parliament by Union Finance and Corporate Affairs Minister Nirmala Sitharaman. "To achieve GDP of USD 5 trillion by 2024-25, India needs to spend about USD 1.4 trillion (Rs 100 lakh crore) over these years on infrastructure so that a lack of infrastructure does not become a constraint to growth," it said.
He claimed the NDA government bought the planes at Rs 1,600 crore a piece as against the Rs 526 crore for each aircraft fixed by the UPA.
The RBI expects change, presumably commencing in the next Budget, but must hold its current view until this actually happens.
The Biju Janata Dal will not oppose the government simply for the sake of opposing it, BJD Member of Parliament Bhratruhari Mahtab tells Aditi Phadnis.
India has halved incidence of poverty from 1990s
Shares of IT companies were in focus with the Nifty IT and S&P BSE IT index gaining more than 2% in an otherwise lower market
From tackling cyber threat to having an an unmanned tank, there's so much DRDO wants to do
He also said that post demonetisation, black money, which was part of a parallel economy, has now become part of the formal system.
A look at the key decisions taken by the Narendra Modi government in its six months.
'Xi Jinping got a dose of Modi's medicine inside the tent where he was being hosted on the banks of the Sabarmati river.' 'Modi reportedly told him, looking deep into his eyes: "This was not expected of your country. Can you tell me when the troops are withdrawing?".'
Devanik Saha wonders if saffronisation of India is on the rise
'What is forgotten but is actually as important for a society's long run success is morality.' 'Morals and trust are the nuts and bolts of an economy.' 'Without those you can get short run success, but not long-run development.'
The government had allowed companies in February last year to launch probe missions to find more oil and gas within already-producing areas.
The country's near-term outlook hinged on a benign inflation trajectory, uptick in industrial activity and falling crude oil prices
With an unexpected new turn in Kashmir, an ominous Afghanistan, a reliably unpredictable Trump, and an unfathomable reversal with RCEP, Modi may have to reinvent his character, suggests Ambassador B S Prakash.
Over 5 million alumni from the Indian Institutes of Technology, Mumbai University and Institute of Chemical Technology, Mumbai, plan to raise Rs 21,000 crore to start the world's largest infection testing lab in Mumbai.
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Crony capitalism will of course generate investment and ensure profit for private capital, but it won't give employment or income to the people. If you can make money by selling coal or speculating in land, why produce electricity, why invest in research and development, why even set up factories, asks Praful Bidwai.
Any delay in passing the coal bill may cause a crisis in the coal sector which would also affect the power sector.
He added that the risks can increase if the Chinese slowdown gathers more speed.
'Greenpeace has been brutal in targeting both India and the Manmohan Singh government. The push to go after Indian coal is driven by its long-term agenda. What is surprising is that China has not been meted out the same treatment, despite the fact that the rise of China as an economic power has been built around generating power from coal. 'Being richer and more affluent, yet far less democratic, there is less room for an NGO such as Greenpeace to drive home a complicated global agenda, so there is more of a tendency to go along with anything the Chinese offer despite China being the biggest by far with regard to coal use. But for India, it reserves tougher prescriptions, notably for its middle class, says Srinivas Bharadwaj.
Is it inconsistency in policy, or the lack of robust support?
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