The jobless armies of youthful India are getting angrier and desperate, warns Shekhar Gupta.
If you simply understand that you do not understand the sock market, that will be a favour. A big favour...
IT shares lost ground tracking a sell-off in tech stocks on Nasdaq on Friday
Instead of a consumption stimulus the government must address the NPA issue with a war footing and invest in infrastructure, affordable housing and exports, says Sanjeev Nayyar.
Markets extended losses to end 1.5% down on Tuesday, amid weak global cues, after investors turned cautious ahead of key economic data and booked profits in rate sensitive shares while the further fall in the rupee continued to weigh on investor sent.
'Today, three areas give banks a big headache -- steel, power, infrastructure.' 'Three Cs are very critical in lending -- character, capacity and collateral of the borrower.'
The 30-share Sensex surged 299 points to close at 28,736 and the 50-share Nifty gained 90 points to end at 8,723.
While the government had in June approved a new formula for pricing of all domestically produced natural gas, the Cabinet yesterday allowed the same principles to also be applied to Reliance Industries' currently producing fields in KG-D6 block subject to certain conditions.
Single window clearances for realty must.
'One big problem for the RSS is, while they spread their ideology of hard, Hindu-ised Indian nationalism, the absence of their own pantheon of modern nationalist giants. They missed out on the freedom movement quite comprehensively, in some ways comparable to the Muslim League and latter-day Communists. They have to find heroes elsewhere.' 'They borrow who they can from the Congress, like Madan Mohan Malviya and Sardar Patel, and then steal the entire lot of revolutionaries, from Bhagat Singh to Netaji, never mind that many of them were extreme leftists.'
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In an hour-long chat on rediff.com on Friday, A K Prabhakar, senior VP and Head -- Equity Research (Retail), Anand Rathi Financial Services Ltd, discussed the best stocks to put the investors' money in.
A day after deciding to nearly double natural gas prices to $8, Finance Minister P Chidambaram on Friday hinted that power and fertiliser units may get gas at subsidised rates to keep electricity and urea costs down.
'Will 'Make in India' be able to harness the demographic dividend so it does not become a disaster?' 'Will 'Digital India' live up to the lofty promises the government and private sector made as part of its recent launch?'
The industry's reactions to the Budget have been mixed.
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