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At present, TCS is the only company with a market value of over Rs 4 lakh crore.
The RBI opened a forex swap window in August to meet the entire daily dollar requirements of three oil marketing companies as the rupee depreciated to an all-time low of 68.85 against the US currency.
The funny man of Hindi cinema has passed into the ages, but the laughter he generated will echo for years to come.
The buoyancy in exports, which are expected to grow 23 per cent to around $155 billion in 2007-08, does not convey the real picture.Commerce ministry data show that the sectors with higher import content like petroleum products, gems and jewellery, engineering goods, pharmaceuticals, chemicals, and agriculture have provided the momentum for growth in exports, which have been hit by the appreciation of the rupee and infrastructure bottlenecks.
Petrol price was cut by Rs 2.43 per litre and diesel by Rs 3.60 a litre, the third reduction in rates this month.
The real battle for NEET abolition can take much more time and energy, observes N Sathiya Moorthy.
Despite returns from gold down over 5% in the past three months, it is a good idea to keep this asset class in your portfolio.
The top companies with a striking gap in pay between the senior-most executives and median employees in 2017-2018 belonged mostly to sectors such as information technology, auto and engineering.
The public sector oil refining and marketing companies Indian Oil Corporation, Hindustan Petroleum Corporation and Bharat Petroleum Corporation are back on the radar of investors as their profit levels reach record highs.
The measures have been mainly offered to the leather, marine, handicrafts and textiles industries though some global benefits have also been included.
Oil marketing companies on Friday cut petrol price by 32 paise, and diesel by 85 paise a litre with effect from midnight tonight.
The public has benefited from this decline in crude oil, which has translated into lower prices of petrol and diesel.
'Constitutional narratives are forged both inside and outside courtrooms,' says Rohit De.
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According to the research note, the jump in volatility following the tightening of liquidity by the RBI on July 15 is likely to move lower and current levels could prove an attractive entry point into the market.
Jimmy Patel, MD & CEO, Quantum Mutual Fund, suggests some valuable financial gifts for your children.
In the run up to three years of the National Democratic Alliance government, Minister of State for Commerce and Industry (Independent Charge) Nirmala Sitharaman says it is time to consolidate some of the major initiatives as well as take new steps.
The broader NSE Nifty reclaimed the key 10,000-mark and touched a high of 10,143.50 before finally settling at 10,130.65
Likening the National Population Register and the National Register of Citizens with demonetisation, Congress leader Rahul Gandhi on Friday said these exercises are "tax" on the poor, who will suffer the same way they did after the note ban in November 2016. "Poor people will have to go to officers and show their documents and give bribe. They will have to give bribe if there is a slight mistake in their names. Crores of rupees will be pulled out of the pockets of the poor and will be given to the same 15 people. This is the truth. It is an attack on the people," he said.
Market players say following the tax cuts, the market mood had changed from bearish to positive, which should help sustain the rally.
The Sensex posted its biggest single-day jump in over a decade at 1,921 points and investors' wealth soared by a staggering Rs 6.8 lakh crore after Finance Minister Nirmala Sitharaman delivered a surprise cut in corporate tax rates on Friday.
Indian basket at 6-month low of $49.11 a bbl
Capital gains tax is no longer exempt even for investors coming via Mauritius, hence FPIs are now classifying it as interest income to save on taxes.
India has not been able to compete with countries such as Bangladesh and Vietnam.
'The no-rate cut policy and preference to wait for the Budget and clarity on the fiscal front demonstrate RBI Governor Shaktikanta Das is maturing in his new role,' notes Tamal Bandyopadhyay.
Petrol prices were on Wednesday hiked by Rs 3.07.
Oil companies on Monday slashed petrol price by Rs 3.02 per litre.
Sanjeev Nayyar offers a roster of things to do to see the India of our dreams.
Fuel rates were last revised on February 1 when petrol price was cut by a marginal 4 paise a litre.
Another year of strong performance by these export-oriented sectors likely as US economy revives and rupee is expected to be under pressure.
Delivering a public speech hours after the RBI launched a rescue act for Yes Bank on March 6, Governor Shaktikanta Das reiterated the RBI's affirmation to do whatever was needed to combat the coronavirus impact. On that day, India had only one confirmed COVID-19 infection, the World Health Organisation was five days off from declaring it as a pandemic and the financially debilitating lockdowns were not even on the horizon. Das' promise on efforts to mitigate COVID-19 impact appeared as a footnote in news reports from the event.
Those taking up a job abroad should notify their bank about the change in status and open appropriate NRI accounts
In the context of RBI's view that the real interest rate, defined as the repo rate less "look forward" CPI, should be around 150-200 basis points.
India should not be left behind. It should join the seven central banks which are studying feasibility and safeguards necessary to eliminate risks, particularly from hacking, advises former foreign secretary Shyam Saran.
However, India's chances of benefiting from the soaring rates are low following the strengthening of rupee against dollar.
India Ratings principal economist Sunil Kumar Sinha said the Brexit is a mixed bag for the country.
India's foreign exchange reserves are at an all-time high.
At face value of Rs 2,893 and interest payout of 2.5 per cent, sovereign gold bonds offer best route to invest in yellow metal, says Tinesh Bhasin
'To represent one's country at the biggest stage is what drives us.' 'My goal is to reach the Olympics. So, Beijing 2022 it is!'
Though reward points should not be a primary concern while opting a credit card they do hold some monetary value. Be sure to redeem your points on time and make the best use of your card.
Systematic investment plans can be the best way to achieve your financial goals if started early, says Vishwajeet Parashar is the Senior Vice President and Group Head -- Marketing, Bajaj Capital.
