Stating that the forthcoming elections will delay the reform process and hurt growth, international rating agency Moody's on Monday said it expects growth to pick up to only 5.5 per cent in FY15.
Chelsea will pay 30 million euros ($33.54 million) for the player, three of which will be based on performance, the Spanish champions said on their website.
The RBI has targeted 6 percent inflation by January 2016
'Earlier compensation was less, but we have increased compensation four fold. As a result, farmers want to give up their land.' 'Infrastructure projects will create 50 lakh jobs. If today we are building 14 km of road per day, by next March, we hope to take it up to 30 km. My own hope is we can take it to 100 km per day.' 'The government's ambitious Sagarmala project aims to develop port infrastructure along the country's 7,500 km coastline. The project includes modernisation of our ports and islands, setting up of coastal economic zones, new major ports and fish harbours.'
Many analysts find market expensive, even at current levels.
In one of the first steps towards coal block re-allocation, the government has finalised the methodology to calculate coal price for e-auction and a Cabinet proposal on this is likely to be floated in a fortnight.
Majority expect economy to slow down, but are satisfied with Modi govt's performance.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Industry demands the basic customs duty on all steel imports to be raised to 25%
A weaker rupee could aid corporate earnings through its positive impact on export intensive sectors such as information technology services, pharmaceuticals and commodity producers such as metal and mining, and oil and gas companies.
Among key stocks, Tata Motors, Hero MotoCorp, L&T, Wipro, ICICI Bank, Dr Reddy's Labs and ICICI Bank, all up between 1%-3%
The PM said his visit -- the first ever by an Indian premier -- was "based on the deep centuries-old connection between our two peoples."
Another 8 pm prime ministerial speech. Will this one too lead to a scramble and chaos like his previous 8 pm telecasts?
The focus will be on tackling the unfinished agenda requiring immediate attention like tax structure for solar projects, uniform tax rate on state-organised and state-authorised lotteries, taxing non-potable alcohol besides certain changes in the law, extension for NAA and rate rationalisation.
PSUs will get direct allotment.
There are several examples of one name standing in for many brands.
It's time to move on from fights and dances and clich, says Kshmaya Daniel.
Revenues of Indian companies, excluding those engaged in banking and oil, are expected to grow marginally at 5-6 per cent in the first quarter of this fiscal.
The company aims to make Lanjigarh refinery the first zero-based refinery in the world.
It's been months since Jindal returned the private land to the state government, free of cost, but not a cottah has been distributed
Auto and realty shares were among the top Sensex gainers.
Capital goods shares continued to trade firm in late noon despite weak market trend on the back of encouraging core sector growth in February.
Gross value added and low investment activity by the private sector remain areas of concern
The judiciary has sent a strong message against crony capitalism.
Typically, about four to six weeks ahead of the polls, activity in the property market picks up as politicians begin to pull out their money parked in real estate. But this time, it's all quiet till now in real estate so far.
The blocks are Kunur mine in West Bengal, Morga South A, Morga South B, Meguli mines and Phutamera in Chhattisgarh, Dahegaon Dhapewada and Kalambi Kalmeshwar blocks in Maharashtra, Karanpura Mahuamilan mine in Jharkhand.
Further, the rate of growth improved in all, between June and July 2014.
Significant portion of the funds used to fuel urban demand have become illegal and inoperative.
The infrastructure space was one of the worst victims and things were at standstill.
The sector is witnessing weak tendering.
'Trade cannot take place when there is no trust.'
Those for power sector to see tussle between prior owners & new challengers
2019 appears a story of two halves for Indian equities - a more difficult first half might precede a stronger second half, said Abhiram Eleswarapu, bottom, left, Head of India Equity Research, BNP Paribas in an interview with Ashley Coutinho.
Freight rates for 12 commodities hiked.
The industry has stepped up its demand for a rate cut
Goods like chocolates, chewing gum, shampoo, deodorant, shoe polish, detergents, nutrition drinks and marble will now attract 18% GST>
The Budget has to provide for capex on roads, railways, defence and other infrastructure sectors.
Summary of sports events and persons who made news on Sunday
A survey by industry body Ficci has lowered the country's economic growth forecast for 2013-14 fiscal to 5 per cent, from 6 per cent projected in July, indicating tough times ahead.
