Growth in the eight core sectors jumped to 8.5% in April, due to a sharp pick-up in refinery products and a commensurate rise in electricity generation.
A small percentage of asset allocation to bitcoin seems like a reasonable gamble, as it could be a major gainer in an uncertain global environment, says Devangshu Datta.
Car sales dipped by 2.55 per cent in October, as the festival season demand for auto remained in slow lane.
The country's biggest carmaker is now more valuable than the combined market cap of the three leading automobile companies in the country: Tata Motors (Rs 1,18,684 crore), M&M (Rs 86,336 crore) and Ashok Leyland (Rs 34,700 crore).
Today one can easily file returns online.
Finance ministry asks bank, insurance & market regulators to issue notifications
These schemes are expected to perform in the next 2-3 years.
The Budget allocated an increase in allocation for MGNREGS, LPG expansion, electrification & smart panchayats.
Having made Aadhaar mandatory for receiving subsidised cooking gas (LPG) in 19 districts, Oil Minister M Veerappa Moily on Wednesday said the unique identification card will no longer be a must for giving subsidises unless cleared by the Supreme Court.
There are already some signs of stress in this market.
Prime Minister Narendra Modi on Sunday warned unscrupulous elements not to play with the lives of the poor by depositing illegal money into their accounts as stringent law against 'benami' transactions were in place to deal with them, as he asked the youth and other sections to move towards a "cashless society".
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 RBI expects inflation in 2015 to hover around 6 per cent -- its target for January 2016 -- and sees risks to the target evenly balanced.
Unlike last year, investors turn cautious on e-commerce sector.
His portfolio was worth Rs 12,333 crore at the end of June 2018. It was worth Rs 10,633 crore at the end of the September quarter. Smallcaps account for the largest number of his stock-picks. Such a fall has now happened for the third quarter in a row.
Global gold demand hit an 11-year low in 2020 at 3,759.6 tonnes, mainly due to a weak October-December quarter and the COVID-19 related disruptions across the world driving a muted consumer sentiment throughout the year, the World Gold Council (WGC) said in a report. The overall consumer demand during 2019 was at 4,386.4 tonnes, while in 2009 the overall demand was at 3,385.8 tonnes, according the WGC's 2020 Gold Demand Trends report. Global gold demand dropped by 28 per cent year-on-year (YoY) to 783.4 tonnes in the fourth quarter compared to 1,082.9 tonnes during the October-December period of 2019, the report stated.
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India economy clocked a five-year high growth rate of 7.6 per cent in 2015-16.
India was less directly affected by the Chinese stock market rout and yuan devaluation that battered currencies and markets in the region.
The 30-share Sensex ended down 30.30 points at 28,161.72 and the 50-share Nifty dipped 7.95 points at 8,543.
D-Street is hoping RBI policy review meeting on Tuesday will uphold its stand on easing of interest rates
Tata Mutual Fund's 'own a piece of India' offering is suitable for informed investors.
S&P BSE Midcap shed 0.8% while S&P BSE Smallcap tumbled 0.6%
It was because of strong inflows into debt-oriented schemes that saved 2019 from being a "dark-dull year of investing" as inflows into equity funds has dropped this year due to a volatile market.
Ajit Balakrishnan envisions a flag to capture the spirit of the impending conflicts of the Information Age.
'Malicious files can silently sit in your phone and relay data to hackers without your knowledge.'
'We have promised to ensure reduced tax rates.'
'If the government had not spent an incredible amount of energy on demonetisation it may -- may, because it had not done anything the previous six months either -- have been able to pay attention to the deeper problems of low investment and job creation.'
Brokerages expect revenue growth at a 7-quarter high but profitability may disappoint.
All the fixes require either the enactment of a data-protection law, or the amendment of our existing competition law. This can take many years. However, there is an opportunity for the government to act immediately if it wishes to, says Sunil Abraham.
Rebound in IT majors TCS and Infosys in late trades helped markets end higher.
Shocks from Brexit could also hurt one of China's biggest export markets.
AAdhar cannot be successful unless there is proper coordination at the helm.
These games of skill with a large social component have managed the transition to a new online avatar.
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.
If the economy gains momentum, that is a big positive for markets, given the strong macro of low inflation, falling rates, and a stable rupee, says Akash Prakash.
In spite of the high number of exits, Reliance group firms of both brothers continue to be darlings of small investors
Despite the 6-month high, trade deficit has widened to a four-month high of $14.62 billion, as imports rose by 14.85 per cent during the month, reports Subhayan Chakraborty.
Market participants are now awaiting Thursday's meeting of the European Central Bank
More than 40% of the companies surveyed showed job contraction in FY18, says a report by CARE Ratings
