Finance Minister Arun Jaitley said the government will safeguard interests of soldiers retiring at an early age through higher pensions.
Strong passenger growth will help domestic airlines improve their top line and margins.
Combined net profit estimated to grow 14.6% year-on-year, against a 5.7% decline in the Dec 2015 quarter
'India has jackboot laws legislated by all parties, a State prepared to stomp all over you, and citizens who don't often realise how easily they can be crushed under both,' says T N Ninan.
Railways can contribute 2.5 per cent to three per cent in the GDP with an improved infrastructure, he said.
'The Budget targets are achievable, but they require continued discipline and that the government sticks with the efforts to cut red tape and make business in India more efficient.'
I would advise at least a 7 year investment time frame for Equity Investing
Modi talks of development but he is harming them," the Congress vice president adding that projects that could have changed the lives of people.
Stocks below a certain size in terms of market capitalisation don't attract much institutional interest
Senior IAS officer Baseer Ahmad Khan was on Monday arrested by the Jammu and KashmirState Vigilance Organisation for allegedly misusing his official position for illegal transfer of government land in Gulmarg worth crores of rupees.
'Britain always had a very special relationship with the EU -- it always was an on/off relationship. It retained its own currency and visa.' 'Britain always had what you call in EU lingo 'opt out clauses', which other countries don't have.'
Reserve Bank Governor Raghuram Rajan today criticised multilateral institutions like the IMF and the World Bank saying "they are not immune to cognitive capture".
Many stalled projects are about to get going again, providing potential relief to banks, says T N Ninan.
Increasing the duties on auto parts and putting an additional cess on petrol and diesel could drive up costs of vehicles, specially where volumes are low and localisation is not viable.
Accusing the Biju Janata Dal government in Odisha of hijacking the credit for the work done through the welfare programmes of UPA government, Congress vice-president Rahul Gandhi on Monday claimed the state is ruled by "mine mafia" and not by the people's representatives.
She said poor people and farmers have been badly hit by high denomination rupee ban decision.
The UK voted to leave the European Union after 43 years.
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The upgrade comes after the domestic markets scaled their lifetime highs last week.
It is not just in the film industry. It happens everywhere, she said.
RBI is committed to bringing down retail inflation to eight per cent by January 2015 and six per cent by January 2016.
On the macro front, market participants will closely watch the FY'15 fiscal deficit target
The CBI today registered three FIRs and a preliminary enquiry to probe alleged irregularities in Indian Airlines-Air India merger and purchase of 111 aircraft, leasing of planes and giving up of profit-making routes by Air India, causing a loss of thousands of crore of rupees.
The hype surrounding the Budget gives it undue importance.
The best part is that an investor gets price appreciation and earns interest income as well, which is unique only to sovereign gold bond.
Prime Minister Manmohan Singh on Monday asked political parties to refrain from taking advantage of communal strife and said states should crack down on elements fanning such violence irrespective of their political affiliations or influence.
Moody's said domestic growth will offset global headwinds.
The number of foreign tourists coming to India grew a modest four per cent between January and December 2013, coinciding with women travellers' perception on the country as a safe destination hitting rock bottom.
Rumours of a live power line having snapped triggered the stampede. The injured have been rushed to a local hospital, a BSP spokesperson said.
By diversifying into developed market equities, Indian investors can mitigate the impact of cyclicality in returns as well as reduce currency risk, experts tell Sanjay Kumar Singh.
One should appreciate the sagacity and audacity of JRD and Nani Palkhivala in founding TCS on April 1, 1968. At that time there was no Microsoft or Intel, SAP or Accenture, much less Google.
They needed a person who could build and execute their vision: A frontiersman; a problem solver and an institution builder. It was their and India's good fortune that Faqir Chand Kohli more than measured up to their requirements and indeed laid the foundation to take TCS to unimaginable heights and to the giant success that it is today. Shivanand Kanavi salutes the incomparable F C Kohli, who passed into the ages last week.
The boom in organised retail will set the tone for major economic overhaul. The ripple effect will be improved supply chains, volume output, integration into global commerce, and higher tax collection, notes T N Ninan.
ATF for domestic carriers has become 11.22 per cent cheaper since October and is expected to see more price cuts in the next three months.
In April, the World Bank had projected India's GDP would grow at 6.1 per cent in the current financial year and at 6.7 per cent the following year.
'Is it time to think beyond the traditional questionnaire-based approach in India?' asks Atanu Biswas.
There were heightened expectations from Budget 2017 after the impact of note ban on different sections but most remain unfulfilled.
Let us take a look at some of the things that one should keep in mind.
Payments banks are niche banks which will be allowed to function with several restrictions.
Exchange rates to provide for 5-7% savings in package costs; consultants forecast higher property purchases by Indians; currency depreciation to make education cheaper
The Maruti Ciaz SHVS is the latest champion of the prestigious million-rupee sedan segment and the new blockbuster from the Indo-Japanese automobile giant. The car has finally given Maruti its first hit in the premium sedan market and thus Indian automobile website MotorBeam.com decided to induct the car into their long term fleet to see how well it does as a member of the family.
As the global economy sways into uncertain territories and domestic prices almost certain to rise, Raghuram Rajan's ideas would have come in handy.
