The Modi government has handled inflation far better than any government in the past two decades. Both the stock market and currency indices have begun to show confidence in the economy, despite the mounting global headwinds of trade.
While the Budget might have been a sentiment booster for the sector, firms with market dominance emerge as favourites.
The board will first need to unpack IL&FS - it has 169 group companies with 24 direct subsidiaries, 135 indirect subsidiaries, six joint ventures and four associate companies, says Amit Tondon.
Many macroeconomic forecasters have built predictive models on inflation, all of which highlight intense downward pressure on prices.
Experts tell Ujjval Jauhari that investors need to be careful in picking stocks given high valuations and with markets possibly ignoring potential risks
The Central Vigilance Committee has sought loan data from United Bank
Bank Nifty pared all its intraday gains to end over 1% lower led by losses in BoB, ICICI Bank, Axis Bank and Bank of India
Imports in 2016 expected to be lowest in 7 years but experts don't rule out a revival in demand if the yellow metal's price falls
Paid Rs 15,474 cr against CIL's Rs 13,075 cr in FY15
The ministry is preparing a draft note for consideration of the CCPA on pricing of diesel, kerosene and LPG, official sources said.
A revival in investment is likely to be a key near-term initiative.
In the concluding article of a six-part series, Business Standard visits Ludhiana, one of the largest industrial towns in Punjab, to assess the effect of demonetisation.
'You can accuse him of many things but one thing you cannot accuse him of is being bad at politics,' says Aakar Patel.
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The rate cut, the industry chambers argued, could have given a positive signal to the manufacturing sector, which is undergoing difficult times.
It is best not to get carried away by returns or take a short-term view of the markets, says Bhavana Acharya.
Recovery in US gives extra boost to IT/ITeS office deals in Bangalore and the National Capital Region.
The Indian economy was on an impressive growth path through the first decade of this century till it was brought to an abrupt halt by the policy inertia during UPA2 and the Modi government's inability to restore economic and financial momentum. Fascinating glimpses of what went wrong from Puja Mehra's must-read book The Lost Decade: How India's Growth Story Devolved Into Growth Without A Story.
SpiceJet has cut capacity by reducing its fleet to 35 Boeing 737 aircraft from 42 in December.
Axis Bank emerged as the biggest gainer in the Sensex pack, surging 6.62 per cent, followed by SBI at 5.88 per cent.
Though the government says public and private shipyards compete on equal terms, public shipyards feast at the high table with the defence ministry, with only scraps being tossed to private shipbuilders.
'Economically, if there are too many losers, macro-demand will suffer and undercut growth.' 'In more developed societies, the issue is resolved through the provision of safety nets, which don't exist in India.' points out T N Ninan.
While office and mall properties enjoyed revival and saw some big PE deals, residential real estate was hit by double whammy - stagnating prices and demonetisation
Sunrisers Hyderabad spanked table-toppers Mumbai Indians by seven wickets in an IPL match to consolidate their fourth position in the table, in Hyderabad, on Monday.
The breakdown of talks between Greece and its international creditors raised fears of Greece's exit from the euro zone.
For the full 2016-17, Wipro's profit fell nearly 5 per cent to Rs 8,518 crore while total income grew 7.4 per cent to Rs 57,995 crore compared to the previous fiscal.
FM is seen to step up the pace of sales of state assets and curb spending
In the RBI's monetary policy statement review, Governor Raghuram Rajan said banks could extend timelines for large stalled projects by bringing in new 'promoters', or owners.
In UK, France and Germany, the president and CEO of Edelweiss Securities, anticipates votes incrementally in favour of local protection and de-globalisation.
The RBI's next policy review is set for Sept. 29.
A few state-owned banks such as IDBI Bank, Union Bank, Indian Overseas Bank have announced results for FY14.
'Losing wickets in bunches is something have to plug'
If GDP growth in Q2FY18 remains below 7%, the outlook for Samvat 2074 would remain uncertain at best, says Nitin Desai.
Market breadth ended weak on the BSE with 1,838 declines against 1,218 advances.
India's upbeat outlook contrasts with neighbouring China, where growth slipped to 6.7 in the first quarter
Mallya is a fugitive from justice in India, Attorney General Mukul Rohatgi told the Supreme Court.
Police recovered more than 300 weapons, including arrows and explosives.
The I-T department will rely on data analytical tools and run models to separate black money holders and genuine taxpayers based on the large data base being shared by banks.
Stressed asset funds could offer higher returns than traditional fixed-income funds, but holding period will be longer due to the risky underlying assets
Tight liquidity will hit over-leveraged and cash-hungry companies, spare conservative ones
The road ahead for the markets in the short term will depend on external factors rather than domestic developments.
