'My sense is that we should be braced for a correction.' 'It has already begun in the mid-caps for the past month, and will now spread to larger stocks as well.' 'Use the correction to upgrade the quality of your portfolio,' advises Akash Prakash.
A new Section prohibits banks to lend money to smaller subsidiaries companies despite Corporate Guarantee from the parent.
Swedish Prime Minister Lofven lauded India as 'global power' and said the two countries are a 'perfect match'.
'Against the backdrop of difficult administrative, political and economic problems, Imran's temperament and staying power will be the subject of intense expectation and public scrutiny,' says Rana Banerji, who headed the Pakistan Desk at the Research and Analysis Wing, India's external intelligence agency.
'We aren't so unreasonable as to demand that he should have fully reversed Indira Gandhi's worst economic legacy, bank nationalisation.' 'But he could have made a beginning by selling off the two most stressed small public sector banks, and then announced that each year for the next 10, one government bank with the most messed-up balance sheet will be sold.' 'It would have electrified the markets, shocked his other banks into better behaviour, and marked his name among the great reformers,' argues Shekhar Gupta.
"To begin with, people could face some difficulties because any changeover has its own problems. But it will settle down and the country will benefit from the new indirect tax regime," Jaitley said at an event organised by ABP News.
FTIL prepares to challenge the order in the Bombay high court
The RBI expects change, presumably commencing in the next Budget, but must hold its current view until this actually happens.
The broader Nifty too fell for the second straight session and closed with a loss of over 62 points, or 0.54 per cent, at 11,520.30, after hovering between 11,496.85 and 11,602.55.
To begin, the Budget has no doubt attempted to address uncertainty.
If your fund's expense ratio has risen dramatically after Sebi's recent changes, compare it with the category average before switching.
While the black money declarations may go up further once all the online and manual filings of undisclosed assets filed at the end of the four-month window on September 30 are compiled, the government will get this fiscal nearly Rs 14,700 crore or half of the total taxes due.
'In plain simple English, these practices amount to a looting of our country's future by some in the business community, in cahoots with some lenders,' says RBI Governor Dr Urjit R Patel.
'I don't believe the talk of free will.' 'They are either forced to dress like this, or indoctrinated.'
The banking sector's credibility is on thin ice. Unless the government takes strict steps, things could get worse.
A mix of industrialists and businessmen, who have inherited riches or rose from humble backgrounds and even endured boom and bust cycles, the top five MPs are illustrative of how the political stock of the wealthy is increasing rapidly.
A ministry's internal note proposes caps on minimum and maximum fares airlines can charge, keeping in mind their cost structure, profit margin and ensuring the last minute fares are not out of bounds of passengers.
Lack of decisiveness and courage to deal with PSBs may turn out be the biggest impediment to the Modi government's economic initiatives, says Debashis Basu.
FDI inflows into India were $34 billion in 2014, up 22%.
RBI governor on the stress in public sector bank due to NPAs, and what is needed to be done to get the system back on track.
Axis Bank Managing Director & Chief Executive Officer Shikha Sharma on the new mechanism for non-performing loans, the bank's loan portfolio, industry outlook and the bank's future plans.
FBT was an unpopular tax and withdrawn before the General Elections in 2009
The dollar has fallen not just against commodity-linked assets but against other asset prices.
Moily walked from his residence at 3, Tughlak Lane, to the Race Course Metro Station, where he boarded a Yellow Line train and alighted two stops later at the Central Secretariat station, a short walk from Shastri Bhawan, the seat of the Oil Ministry.
.jpg)
While the systems in place at leading Indian bourses are considered to be very robust and can withstand any possible technical glitches, it is advisable to conduct a precautionary check after an unprecedented three-hour trading halt at a large exchange like Nasdaq, a senior Sebi official said.
Janmejaya Sinha lays down Urjit Patel's agenda - cleaning up bank balance sheets, evaluating robustness of CPI and pushing for digitisation in financial services.
'What adult citizens do in the privacy of their home, what they eat or drink or watch, is not the government's concern.'
These exist in a unique world of by-invitation-only properties -- those that are never advertised and which money alone cannot buy. One cannot simply walk in for a tour of these apartments. A buyer must first meet the developer's targeted social criteria to get invited for a walkthrough of the property.
'Chief Minister Devendra Fadnavis called us for a meeting in March 2016 and we submitted the same charter of demands that we are submitting now.' 'He gave us wishy-washy assurances.' 'We thought he was the new chief minister and we believed him, but later we found out that nothing is moving on the ground.' 'This time we want a written assurance and a concrete timetable for implementation.' 'We will not leave Mumbai, come what may.'
The RBI should provide readily accessible summary information on its website about all corporate debt defaulters and the amounts involved.
When Prime Minister Narendra Modi recently extended a Rs 8,000-crore (Rs 80 billion) central support for building roads in Jammu & Kashmir, Union Cabinet's approval for the big-ticket announcement came in barely 48 hours.
We drove in Italy what will be Mercedes-Benz's most affordable drophead offering in India - the new C-Class Cabriolet!
The official twists and turns have raised questions on the government's credibility and its ability to pull the nation out of the demonetisation quagmire. To keep up with the new rules, the government has issued an updated FAQ on demonetisation.
'No private citizen can be prevented from holding or propagating in India or abroad, a view contrary to that of the government of the day. The government, it seems is misreading the mandate in the Lok Sabha as being a mandate to crush dissent. In times when ruling parties have brute majorities in Parliament, the true test of safeguarding democracy is its ability to allow dissenting voices to be heard,' says Indira Jaising, the former additional solicitor general.
Indian economy about to take-off
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances