'Anything that is anti-growth is demonised because growth is the biggest religion.' 'Growth is synonymous with progress. In fact, it is the opposite.' 'Exponential growth is cancer.'
The goods and services tax will level the playing field for different sectors of industry, including domestic manufacturing.
If cleared, the ONGC arm will become the first subsidiary company of an existing Maharatna to get into this superior league among government-owned entities.
No respite in sight as not many big deals, initial public offerings in pipeline.
FM is seen to step up the pace of sales of state assets and curb spending
Prime Minister on Friday said his government has unshackled several stalled projects across the country.
Petrol and diesel prices on Tuesday touched fresh highs as rupee dipped to a record low of 71.54 against US dollar, making imports costlier
10 analysts estimated RIL's consolidated net profit at Rs 11,256 crore and nine analysts estimated revenue at Rs 1.5 trillion.
Credit Suisse said $5.6 may work for Reliance Industries' R-Series gas field in the KG-D6 block but the economics for its satellite fields and NEC-25 block are uncertain.
"We are committed to building a new India. We have to do this as early as possible," he said.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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The worst performing Asian currency of the year so far hit a new life low of 61.80 rupees per dollar on Tuesday, breezing past a previous low of 61.21 hit on July 8. Central bank intervention helped the rupee recover, but by Wednesday it was sliding once again, to stand around 61.41 by 1.30 p.m.
Here's what your favourite celebrities have been upto.
'Power is always transitory, and you should be the same person whether you have it or not,' the head of the number one law firm in India tells Pavan Lall.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Traders believe the RBI will step in more strongly, if the rupee starts falling towards 65
Factories are shutting down owing to a shortage of labour and raw materials, and a lack of logistical support amid the ongoing nationwide lockdown against the coronavirus pandemic.
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.
With fuel being the main input cost for the transport sector, rise in cost of operations is a given. The sector is unsure on the extent of being able to pass this on through rentals or to absorb it with higher volumes.
A very delayed and subdued reaction, at a time when the non-aligned world had expected a big country like India to come out in support of rights and justice. It was yet another example of the mealy mouthed approach that has come to define Indian foreign policy, says Seema Mustafa.
Instant noodle from Nestle is not the first food brand in India to have faced a tough time though
In rural Bengal, people still believed that widows were simply biding their time on earth after their lord and master had departed from it, says Geetanjali Krishna.
India must reckon with the possibility that it will struggle to attract higher overseas investment.
'The sooner Pakistan and India face these geopolitical realities, the better it will be for their own security and prosperity,' observes Ambassador M K Bhadrakumar.
Besan can be abrasive to your skin. Using lemon juice can cause severe irritation, says Dr Shital Poojary.
Tight liquidity will hit over-leveraged and cash-hungry companies, spare conservative ones
These firms offer job security and lucrative salries.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
Budget has laid emphasis on enhancing expenditure in farm & rural, and social sector including healthcare, education, skill development, job creation and infrastructure
The report, however, said it remains watchful of the upside risks to inflation emanating from pass-through of minimum support prices (MSPs), adverse movement in crude oil prices, volatility in global financial markets, lagged impact of the rupee weakness on input prices, adverse implications from fiscal slippage and staggered impact of HRA increases by states and its second-round impact.
Analysts caution a non-BJP government is not an impossible scenario. In case of a Modi-led coalition, they advise investors to focus on discretionary consumption, select private banks and financials, RIL, housing, and IT.
Cashless transactions need ubiquitous connectivity, which we don't have. And connectivity needs political and administrative convergence, says Shyam Ponappa.
Infosys was the top gainer in the Sensex pack, rising 2.36 per cent, followed by HDFC Bank up 1.39 per cent.
India's largest refiner, Reliance Industries Ltd, is in talks with public sector oil marketer Hindustan Petroleum Corporation for a tie-up to run the former's fuel retail outlets, closed a year earlier.HPCL has issued a limited tender to five merchant bankers to advise it on the deal.Last year, RIL closed 1,400 petrol pumps -- 900 owned by the company and the rest managed by dealers.
Together, they controlled nearly Rs 26 lakh crore of assets at the end of FY16.
We should not see a strong rupee as strength but target a fairly priced rupee for restoring our competitiveness, says Rashesh Shah.
The Public Enterprises Selection Board, which is the government head-hunter, interviewed seven candidates for the post, which fell vacant after Dinesh K Sarraf was elevated as Chairman and Managing Director of ONGC.
Amid a grim global scenario, India will have to labour hard to hold on to seven per cent growth in 2016-17.
Institutional investors - both foreign and domestic - lapped up the government's big-ticket share sales on Friday, helping it add nearly Rs 9,000 crore to its revenue kitty.
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