Consumer Electronics and Appliances Manufacturers Association Consumer has also welcomed the move saying the it would improve the sentiments and strengthen the growth.
Fridge, washing machine, and paint makers are expected to cut prices shortly, while TV, aircon, and sanitary napkin makers are a disappointed lot
Makers of air conditioners, beverage and ice-cream are hopeful of a boost in sales
'The government's principal aim should be to reduce the volume of cash transactions.' 'That would bring more of the Indian economy within the purview of taxation.' 'The current downturn in economic activity due to a lack of adequate cash is likely to be limited to a year,'
The defence minister has to correct a major asymmetry. Will his discipline come in the way?
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
He is a member of the Board of Directors of Whirlpool Corporation, Pearson and Qualcomm Incorporated.
Stocks to watch: Videocon, Blue Star, Hitachi, MIRC Electronics, BPL, Whirlpool, Gitanjali, Titan Group
There is a hidden hand behind the political developments in Tamil Nadu...
Top carmakers, including Maruti Suzuki India, Hyundai and Honda, are expecting a spike in their sales following the implementation of 7th Pay Commission recommendations.
Good pay hikes, positive macroeconomic factors and the taming of inflation have had a positive effect on purchases
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Financials declined amid profit taking while energy shares fell after the government hiked excise duty on transport fuels.
The Sensex ended up 244 points at 28,504 on strong global cues.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy. Here are his replies to some of the 'buy, sell, hold, avoid or exit?' e-mails that we have received.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
'Is this the only way for India to become a $5 trillion economy?' 'When you have unused foreign exchange here, why borrow more dollars?'
'The brazen politics, in this series of bullying of AMU by functionaries of the Union and provincial governments, utterly disregarding the fact that the matter is sub judice, is quite obvious.' 'One needs to see through the desperate politics of the BJP which governs both Uttar Pradesh and the Centre, especially its woes over its Dalit support base,' says AMU Professor Mohammad Sajjad.
Markets ended in green on rate cut hope.
An old consumer electronics warhorse looks to leverage its past.
Dominic Xavier/Rediff.com steps into the wonderful world that is the spectacular Kochi-Muziris Art Biennale.
Meet the proud recipients of the National Bravery Awards 2014.
The Siang is a dramatic river that flows through a beautiful land. Rafting on it is a rare pleasure the state offers tourists, says Ajai Shukla.
'From envy, heartburn and broken hearts to broken marriages, much damage has been done by unintended revelations in the social media. Suspicious partners bring out hidden relationships, which may never have come to light and hell breaks lose in many lives,' warns T P Sreenivasan.
"I am a corporate story teller. I write stories that people can relate to," says Partha Basu, author of Mid-Career Crisis...why some sail through and others don't, in which he charts out a plan to tackle mid-career crisis and offers insights into how you can achieve success in your career.
'Kejriwal has taken a leaf out of Modi's campaign of 2014 and improved upon it.' 'That suit will haunt Modi till he exits politics.' 'Of all the factors that favoured Kejriwal, the biggest was the arrogance and over-confidence of the Modi-Shah led BJP.' 'What the Congress could not do in the last two decades in Gujarat, Kejriwal did it in no time in Delhi.' 'The BJP has behaved exactly like the Congress in decoding Kejriwal's politics.'
