The 'BluFin Business Cycle Indicator', which reflects various macroeconomic trends on a monthly basis, stood at 166.3 points in May, 5.8 per cent higher compared to the same month last year, suggesting that the Indian economy is growing at a faster rate than the previous year.
'The attempt to build a negative narrative about India's economic performance is disingenuous.' 'For the investors as well as the targeted beneficiaries of welfare schemes, the ground reality is very different,' argues Rajiv Kumar, vice-chairman, NITI Aayog.
India still has to go a long way to implement reforms in various sectors.
Meeruthiya Gangsters is a decent attempt from a debutant director, says Nishi Tiwari.
Raghuram Rajan is correct -- the RBI's monetary response to inflation in the past has been too weak.
It will be difficult for the Indian equity to outperform overall growth to the extent bullish observers expect.
'If the epidemic is sharply contained in a month or two, we have a huge buying opportunity. 'If not, we are staring at a serious economic crisis, the contours of which we are totally unaware of,' warns Debashis Basu.
While the PM sees zero tax on long-term capital gains and dividend income as unfair since the beneficiaries are not poor, he is silent on the fact that rich farmers too don't pay taxes, since farm income is tax-free, a loophole exploited by many netas and babus, says Debashis Basu.
While the black money declarations may go up further once all the online and manual filings of undisclosed assets filed at the end of the four-month window on September 30 are compiled, the government will get this fiscal nearly Rs 14,700 crore or half of the total taxes due.
Along with the US and China, India could be a big enough force in global manufacturing
Brexit will likely put brakes on the UK's growth prospects.
Economist Arvind Panagariya tells Suman Guha Mozumder that the rupee is doing a much-needed clean-up job, raising exports and cutting imports.
Markets taking cue on future rate cuts from RBI policy.
While players in the financial ecosystem are opening up to the idea of receivables funding for the sector, this market needs a regulator, which a Parliament panel feels only RBI can provide.
The mergers will not involve any cash but only share swaps
Real reason for crashing gold prices is not Trump victory, says expert.
'What was previously buried in the sands of time now gets buried by the weight of banality,' notes Sreehari Nair.
The department will impose a penalty, which could be between 30 per cent and 120 per cent.
Equity markets in Pakistan and Bangladesh are tiny compared to the market capitalisation of the Indian equity market.
The S&P BSE Sensex has gained 149 points to open at 25,802.
To make sure liquid schemes reflect the underlying portfolio risks, Sebi has said all debt papers with maturity of 30 days or more to be marked to market. Earlier, fund houses didn't have to do so for securities that had less than 60-day maturity.
Key head-to-head battles in Saturday's "Clasico" between Real Madrid and Barcelona at the Bernabeu stadium (1600 GMT)
Rumours about a spike in taxes for equity investors are flying thick and fast.
The Financial Stability and Development Council meeting on Tuesday started with an air of tension in the room. An official present described the participants' body language as "tetchy". However, once presentations and discussions begun, the mood considerably eased.
Be a disciplined investor for attractive returns, says fund managers.
The inflow of cheap capital has also kept the rupee at a high level, making exports uncompetitive and broadening the current account deficit despite falling oil prices.
Alas, not enough to be dazzled by the boring, bogus naivet of Tubelight, Sukanya Verma.
The challenge is to convince productive sectors that a lower general rate would benefit all and remove the prevalent system of favours targeted towards narrow industry and service sector groups.
'The genetic thing is not in your control. The virulence is not known.' 'The only thing is if you can avoid it.' 'Once you get COVID-19, none of it is in your control.'
It is pegged at 6.8-8% by various economists, as compared to 6.7%.
The Budget sets out a comprehensive vision.
The longer it takes for RBI and the government to stabilise monetary conditions in the economy, the more severe and long lasting will be the damage caused to various sectors of the economy, especially to the informal sector, says Rajeswari Sengupta. Rajeswari Sengupta discusses the impact of this move on money supply, output and prices, in the short- and medium-term.
The 30-share Sensex jumped 729 points to end at 28,076 and the 50-share Nifty soared 217 points to end at 8,494.
Mark Mobius, executive chairman, Templeton Emerging Markets Group, is positive on India and believes the Indian economy is on a strong footing
'Alas, in this scheme there is nothing to stop the black money flows of the future.' 'On the contrary Modi has sown the seeds of more, through the issue of Rs 2,000 notes.' 'But have you heard one politician decrying this aspect of the scheme?' 'They must be secretly rejoicing that while Modi is taking away their past, he has not shut the door on their future,' says banker S Muralidharan.
Raghuram Rajan explains the rationale for his policy stance and other issues.
It's not easy to ignore the newspaper ads with Diwali offers.
History would indicate that a recession is not that far off.
Privatisation or consolidation into half a dozen large banks might not rescue public sector banks from the crisis they find themselves in.