State-run Rural Electrification Corporation on Monday said the Reserve Bank has granted it the infrastructure finance company status which would allow the firm to lend more to power projects.
The Union Budget for 2026-27, presented by Finance Minister (FM) Nirmala Sitharaman on Sunday, which was a first, had an excellent domestic macro backdrop. According to the first advance estimates, gross domestic product (GDP) in constant prices is projected to grow 7.4 per cent in the current financial year, against 6.5 per cent in 2024-25.
As many as 58 companies raised money from automatic route and 8 firms raised via approval route.
At a time when exchange-traded funds (ETFs) were unloading Jio Financial Services from their portfolios, some active fund managers were placing large bets on the demerged financial services arm of Reliance Industries Ltd (RIL), a report by Nuvama Alternative & Quantitative Research shows. Motilal Oswal Mutual Fund and Quant Mutual Fund were the top MF buyers of the stock in August. They bought around 60 million shares each, together investing around Rs 2,800 crore.
A bonus is given to existing stockholders in proportion to the number of shares they already hold.
Under the scheme, the government proposes to provide electricity to all households by December 2018, ahead of the earlier target of March, 2019.
Pawan Hans, Dredging Corp on list to meet target of Rs 800 bn for 2018-19
While the corporate sector has benefited from massive capital expenditure, leading to sky-rocketing stock prices, investors would do well to keep an eye on the macroeconomic picture and government finances, not just corporate profits, for signs of trouble, alerts Debashis Basu.
Did Prime Minister Narendra Modi have his facts wrong when he claimed during his address to the nation from the ramparts of the Red Fort that Nagla Fatela, a tiny village in Uttar Pradesh, had finally been electrified, seven decades after independence?
NDA's energy plan powered UP win, but it's not a winner yet. Centre has claimed to have saved money by targeted coverage but critics say the system is not yet foolproof.
This is a good opportunity for long-term investors to pick quality small and midcap stocks at reasonable valuations.
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Most infra projects have hit a road block due to high cost of funds.
The top losers from the Sensex pack are ONGC, Coal India, Vedanta, Reliance Inds and L&T.
Human memory about policy issues is short. That alone can explain why many are deliriously happy with his latest slogans and ignore seven years of poor 'doing business' climate, taxtortion, extortionate oil prices, and high dependence on babus and the big State that has kept the enterprise system stifled, observes Debashis Basu.
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The Sensex was around 18,600 by the end of August.
Sebi might come out with a regulatory framework for issuance of 'green' bonds
RNOR status is a sub-set of the Resident Status.
Long-term tax on capital gains arising from selling a house can be invested in another property under Section 54.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Budget in the medium term aims to kick-start the investment cycle.
The Bharatiya Janata Party regime will have to make good on this election slogan to restore state-owned banks to health, says Rajiv Lall.
When you sell your property, you would be liable to pay capital gains tax.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Arun Jaitley had a tough fiscal hill to climb.
Joyita Ghose on the land acquisition laws in the country and the changes that the NDA government's controversial bill in Parliament makes to the land acquisition act, 2013 brought in by the United Progressive Alliance government.
Indian economy about to take-off
