The RBI has been repeatedly cautioning everyone about the usage of cryptocurrencies, flagging a slew of concerns.
There are also signs that the private sector investment cycle is slowly coming back, as capacity utilisation figures across industry continue to slowly creep up. A pickup in investments will front load profitability, says Akash Prakash.
They need to upgrade their skills and become smaller, smarter organisations, says Devangshu Datta.
A company claims to run ads on Facebook where students are encouraged to provide their details to get help from career counsellors.
Telecom major Bharti Airtel on Wednesday reported a 29 per cent decline in consolidated net profit at Rs 512 crore (Rs 5.12 billion) for the quarter ended September 30, 2013, mainly on account of increase in finance cost and forex losses due to rupee depreciation.
The country's near-term outlook hinged on a benign inflation trajectory, uptick in industrial activity and falling crude oil prices
The GST rate on mobile phones will be hiked to 18 per cent while that on maintenance repair overhaul (MRO) services for aircraft will be lowered to 5 per cent with effect from April 1, Finance Minister Nirmala Sitharaman said on Saturday. The GST rate on handmade and machine-made matchsticks has been rationalised to 12 per cent from 5 per cent and 18 per cent respectively.
In a recent article, Rajan has ridiculed critics of the exchange rate policy.
Wipro, which gets bulk of its topline from IT services, said it expects revenues from that business to be in the range of $1,962-2,001 million in the September quarter.
Market players say following the tax cuts, the market mood had changed from bearish to positive, which should help sustain the rally.
The Sensex posted its biggest single-day jump in over a decade at 1,921 points and investors' wealth soared by a staggering Rs 6.8 lakh crore after Finance Minister Nirmala Sitharaman delivered a surprise cut in corporate tax rates on Friday.
Even two-and-a-half years after the National Democratic Alliance came to power, people remember the previous United Progressive Alliance regime for corruption, Finance Minister Arun Jaitley said on Thursday, asserting that demonetisation would go a long way in curbing black money.
The launch of premium devices from OnePlus and Samsung in the second half of Apple's reporting period added to Apple's woes.
Moody's said implementation challenges, in addition to affecting growth and government revenues, will impact corporates by lowering sales volumes and cash flows.
The global COVID-19 situation, rollout of vaccines, geopolitical trends, Union Budget and economic recovery would be the major factors driving investor sentiments in 2021 after a tumultuous year which saw both 'the worst of times and the best of times' for the stock market, said analysts. What a year 2020 turned out to be! From witnessing gigantic losses to record-shattering gains, investors went on a roller-coaster ride amid the coronavirus pandemic and massive stimulus measures. Markets closed 2020 with remarkable gains of around 16 per cent, but will the winning ways continue in 2021 as well?
Seasonal weakness may result in modest sequential revenue growth for large Indian IT firms in the January-March 2016 quarter, analysts said.
RBI would get the comfort of meeting its 8 per cent January Consumer Price Index-based inflation target, BofA-ML said, adding that 'we expect the RBI to cut 75 bp in 2015 from February with inflation on course to 6 per cent in January 2016'.
A 150 basis points fall in realisations too weighed on the top-line.
Exports bounced back in November 2003 to register 13.74 per cent growth at $4.494 billion as against $3.951 billion in November 2002.
Some initial reactions to Prime Minister Narendra Modi's announcement of demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight.
The sharp fall in the rupee's value against the dollar during the July-September quarter, it turns out, has come as a boon for corporate earnings.
Industrialists affirm their belief that the adverse effects of demonetisation and the goods and services tax are finally over.
The Pakistan Cricket Board is planning to hold the remaining matches of PSL-5 in November provided the situation arising out of the coronavirus pandemic improves in the next few months, PCB CEO Wasim Khan said. The PSL was suspended last Tuesday after the PCB revealed that a foreign player showed symptoms of the coronavirus, but Khan said the remaining matches may be held during the 10-day window available in November.
What sets 2018 apart from previous years is the magnitude of the shocks that hit our brand ecosystem, says Bharat Bambawale.
The top gainers on the Sensex were Cipla, Bharti Airtel, Maruti Suzuki, Hero Moto & Sesa Sterlite.
'When growth drops precipitously from 7% to 4.5% in four quarters, it is for all practical purposes a recession' notes T N Ninan.
PM extended some old schemes and finally said yes to one that was legally mandated for past 2 years.
Even if RBI partially replaces the stock of the high value notes, RBI will have to incur thousands of crores of rupees in cost, say economists.
After a spectacular performance in September, export growth again slipped to single digit track at 5.07 per cent in October, this year at $4.884 billion as against $4.649 billion in the same month last year.
Mid- and small-cap companies seem to have done better than top-tier companies
PM urges lawyers to fight cases for the poor for free.
Market leaders Maruti Suzuki and Hyundai, who together control two-thirds of the domestic market, have not yet firmed up a decision on raising prices.
'Deep pockets have become a prerequisite for contesting elections on a major party symbol in most states.' 'Given the premium parties place on self-financing candidates, once you have accounted for the suspected criminals, dynasts, industrialists, and celebrities, there is not much room for anyone else.'
The December quarter, generally a soft one for India's IT sector due to holidays and furloughs in certain sectors, is expected to be further affected because of currency volatility.
India was less directly affected by the Chinese stock market rout and yuan devaluation that battered currencies and markets in the region.
That resulted in a 50-basis point improvement in operating profit margins on a sequential basis.
The macro-economic situation has been brought under control: Godrej.
Analysts expect robust earnings growth from the financial sector.
Despite having the third-largest internet user base in the world, India does not feature in the top ten e-commerce markets
