That apart, farmers will get loans for post-harvest storage of their produce at a subsidised interest rate of 7 per cent for six months.
The cut in the policy rate by RBI will help lower interest rates
Most brokerages have maintained their Sensex and Nifty targets as they believe there is little room for further re-rating in the backdrop of weak earnings.
Experts say the stock market correction in recent times increases the risk-reward in favour of large-cap stocks.
'There are large cohorts of students who cannot recognise the alphabet or numbers.' 'We are suggesting schools 'start early and end late'.'
Nearly three-fourths of the debt money, as of April 30, 2019, was invested in securities with duration of less than three years.
Ahead of the general elections, a slew of states and also the Centre had doled out sops to the marginalised sections, including the farmers and the poor.
This is its biggest single session fall since August 24, 2015, when it had lost 1,624.51 points.
A mistake here can prove costly.
'The DMK may get a little more than 50% of the minority vote.' 'The AIADMK always gets over 10% of the minority vote.'
Presenting an encouraging picture of the export-oriented economy, the Bank of Japan noted that financial conditions are showing signs of improvement. The apex bank noted that the economy would start recovering from the 'latter half of fiscal 2009' mainly on account of measures taken by the government to stabilse the financial system.
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.
'Ultimately, people will revolt at one time or the other.' 'You cannot feed the public with cultural issues forever.'
The sudden move to demonetise Rs 500 and Rs 1,000 currency notes is not new. Rs 1,000 and higher denomination notes were first demonetised in January 1946 and again in 1978.
It is ranked 7th on the list of world's top-10 consumer finance firms
Strong gains in Vedanta Ltd, Adani Ports, Bharti Airtel and Maruti Suzuki helped the index touch record levels.
Four more people belonging to the gay and lesbian community urged the Delhi high court on Thursday to declare that marriages between any two persons irrespective of their sex be solemnised under the Special Marriage Act (SMA).
Though COVID-19 will wreak more damage to the finances of the Indian population, the insurance sector is unlikely to get hurt.
'The world is going to be more insular.' 'What India needs to do is develop the domestic market for domestic consumption.' 'The emphasis has to be on Bharat as against India.'
USIEF last week hosted its annual pre-departure orientation programme for US-bound students.
Not only is gold a hedge against currency depreciation, rising crude prices and uncertainty, it is up 7 per cent (in dollar terms) in the past 12 months, says Devangshu Datta.
While using the family to save tax is legal and smart, ensure you use the ones where clubbing income laws isn't a concern, advises Bindisha Sarang.
Evaluate recurring investment products and do the numbers before making any investments.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The savings-oriented psyche of Indians and their habit of living within their means will help the country to tide over the global financial crisis, former President APJ Abdul Kalam has said.
Monthly Income Plans are a good option for risk-averse investors looking for a higher return and more liquid alternative to bank fixed deposits. Also a list of best MIP mutual fund schemes for 2010.
Of the 52 economists polled, 50 expect the policy repo rate to remain at 7.25 per cent, and 47 of 48 respondents see the cash reserve ratio, or the portion of deposits banks have to maintain with the central bank, unchanged at 4 per cent.
If you are bullish on the consumption theme, consider specialised mutual funds that focus on this theme. Remember that such sectoral mutual funds should not make up more than 5% to 10% of your equity portfolio.
He said cheap valuations, improving sentiment and the ongoing reform momentum coupled with increased transparency due to the internet are driving investors to the Dalal Street.
The change in policy for the three companies, from listing to merger, shows the level of discomfort within the government about their ability to take on the expanded load for insurance coverage with their current financial strength, including the massive premium and claim settlement cover under the proposed universal health coverage plan announced in Budget 2018.
Analysts mostly prefer domestic plays beside select films with foreign exposure.
India has much paranoia in India about a new 'Terroristan' coming up between Pakistan and a Taliban-ruled Afghanistan. Pakistan has zero ability economically, diplomatically, geostrategically or militarily to create one. If they try, it will be great for India as they will destroy themselves yet again, asserts Shekhar Gupta.
'The variables to watch include the monsoon, resolution of NBFC liquidity issues, GST collections, and NPA resolution.'
The trial, which opened at the London court on December 4, is aimed at laying out a prima facie case of fraud against the 61-year-old embattled businessman, who has been based in the UK since March 2016.
Growth in the east Asia region would be dragged down by the poor performance of countries like Thailand, Singapore and Malaysia.
The fact is that too many innovations are merely complexities aimed at hiding risks and making pricing less than transparent, and risks are taken at the cost of the share-holders, not the bankers themselves, says A V Rajwade.
Few big ticket road projects will be fast-tracked soon.
'Valuations were depressed at 8,000 (Nifty 50 index) levels. It was a free ride to 12,000 levels.' 'What went down had to come up. Now fundamentals have to support further gains.'
After achieving high levels of market penetration, the Rs 8,800 crore (Rs 88 billion) detergents industry is now banking on growth through high-value products and innovation. Innovation in the laundry care industry is possible through four ways, according to Sudhanshu Vats, category head, home care, Hindustan Unilever (HUL).
