'There is merit in appointing people with ability and energy, then leaving them to do the job.' 'The Modi government would have had a better record if it had stuck to this formula from the beginning,' argues T N Ninan.
'The term 'pro-growth' must be qualified somewhat because, while a rising tide will lift all boats, it will not necessarily do so equally.'
In the last nine sessions, the Sensex had lost 1,940.73 points and the Nifty has given away nearly 600 points.
India has achieved 100 per cent electrical connectivity, but 100 per cent electrification remains a long-drawn task, says Shreya Jai.
Investors lost around Rs 1.57 lakh crore in market valuation on Friday.
Despite a massive underperformance at the bourses since the last six months, analysts are turning optimistic on Reliance Industries (RIL). Those at Jefferies, for instance, say that the company is a proxy play for India's consumption growth story. The key catalysts for the stock, according to a Jeffries note, include faster-than-expected market share gain in retail, oil-to-chemicals (O2C) stake sale, recovery in gross refining margins (GRM), potential public listing of Jio and even a possible banking licence going ahead. That apart, analysts feel any tariff hike in Reliance Jio (RJio) - its telecom venture - will also aid performance. With balance sheet adequately de-levered, proceeds from a strategic stake sale in the O2C business will create a sizeable war chest for the company, analysts say.
'There is a fiscal crisis building up, which might become apparent when the Finance Commission presents its report,' warns T N Ninan.
Rather than talking endlessly about lost and marginal opportunities, India's climate envoys need to start thinking bigger, says Mihir S Sharma.
In the revised financial bids, Anil Ambani-controlled Reliance Power had emerged as the lowest tariff bidder last month vis--vis other power majors such as Lanco Infratech and National Thermal Power Corporation. Official sources said the government might go for re-bidding to bring down the quoted tariff, which is observed to be on the higher side. The ETF will meet on July 19 to take a final view.
'In terms of growth rate, India is better than China.'
After a positive opening, the 30-share BSE Sensex suddenly faced selling pressure in late-afternoon trade. It finally settled just 5.67 points, or 0.01 per cent, lower at 39,586.41.
Not only has the Mudra loan mela generated no jobs, it has frittered away trillions of taxpayers' money and it's time to bury the scheme, argues Debashis Basu.
In a meeting chaired by state chief secretary Atul Kumar Gupta yesterday, the ETF recommended invitation of fresh bids for setting up the power plants at Bara and Karchhna in the Allahabad district. However, this has to be ratified by the state Cabinet first to take effect. This would be the third time that the state government would invite bids for the two power plants, which have failed to take off in spite of much fanfare with which they were initially announced.
Jaishankar said India will try to find common ground on trade issues during discussions with Pompeo.
A digital economy can only work with uninterrupted electricity supply. So, states now face the unpleasant task of telling their citizens that electricity rates need to be hiked. Subhomoy Bhattacharjee reports.
Steep taxes on petrol and diesel add to the cost of economic activity and reduce the Indian economy's competitiveness. The two fuels must be brought under GST's purview, suggests former IAS officer Ajay Shankar.
Iran's energy counsellor in India Ainollah Souri says that Iran will send its gas all over the world, and it is up to India to decide whether it wants a share of it.
Six months into his new role, Vishal Wanchoo, president and chief executive officer, GE, South Asia, speaks to Jyoti Mukul about how its horizontal business lines of additives and digital are playing across its verticals.
The Trump regime has informed the Congress that it 'strongly supports' transfers of F-18 and F-16 fighter proposals put forth by Boeing and Lockheed Martin respectively.
Piyush Goyal is leading a delegation to deliberate with Australia.
Both India and China talk now of self-reliance when their external trade, in relation to GDP, has been falling for some years, points out T N Ninan.
Cheap equipment imports, especially from China, is a major reason for falling tariffs in solar tenders
Power plant load factors are at historic lows of around 60 per cent.
A parliamentary panel on Thursday cleared the much-awaited Electricity Bill that proposes to rationalise electricity tariff and bring about transparency in policy regarding subsidies.
Trump's visit symbolised heightened partisanship and a return to chemistry between leaders defining bilateral ties, notes Kashish Parpiani.
Muted global trend after a report that US President Donald Trump was preparing to impose more tariffs on China hurt trading sentiments.
The order gives the state and treasury departments authority to consider and impose sanctions on individuals, entities or associates of the Turkish government involved in actions that endanger civilians or lead to the further deterioration of peace, security and stability in northeast Syria.
Reliance announced energy asset sales worth around $ 16 billion; end of the investment cycle in telecom; bringing net-debt to zero in 18 months; value-unlocking options for real estate and financial assets; listing of telecom and retail in five years; and focus on dividends.
Metal sector is not too happy from Budget announcements for the sector
CLP saw early that the pollution caused by China's rush for industrial growth would lead inevitably to demands for cleaner electricity.
Minister of state for power Piyush Goyal will gift wooden-framed 'appreciation letters' to one million govt employees.
Pakistan's demand for gas stands at 8 billion cubic feet while the current production is 4 billion cubic feet.
"We have many relationships...they have a history. We will do what is in our national interest and part of that strategic partnership is the ability of each country to comprehend and appreciate the national interest of the other," Jaishankar said.
Reliance Energy Ltd shareholders on Wednesday approved a proposal to buy back a part of its equity shares at maximum Rs 525 per share aggregating up to Rs 350 crore.
Top losers in the Sensex pack included ICICI Bank, Tata Steel, Vedanta, HDFC IndusInd Bank, Tata Motors, RIL and ONGC -- falling up to 4.45 per cent.
PM Modi and Rouhani inked nine pacts including a lease contract for a part of Chabahar port's operation for 18 months.
Chinese alumina refining and metal smelting technologies have emerged as a match for the best anywhere in the world. In fact, Vedanta and Hindalco have bought technologies from China. Our aluminium makers will be haunted by twin fears of rising imports and low metal prices squeezing margins over a long time.
Five states -- Maharashtra, Haryana, Rajasthan, Punjab and Gujarat -- face a massive power crisis.
Pence, in response to a question from Chambers, who is also the USISPF chairman, said that he truly believes that the relationship between the US and India, because much of the work that the corporate sector have done, and the work of President Donald Trump and Prime Minister Narendra Modi, has never been stronger.
