The party says 23% of foreign investments should be by FIIs.
While the government's recent moves may have been necessary in some cases, these would have an adverse impact on the investment cycles of some of these companies. The marquee global names are suddenly finding themselves out of favour as local flavour is gaining currency in the run up to 2019 elections.
A good monsoon could rein in food inflation. Largely good corporate results mean better days are ahead. Nifty may reach record levels, points out Devangshu Datta.
After allowing FDI by foreign carriers in their Indian counterparts, the government has put in place provisions to prevent Indian airlines from being controlled and managed by the foreign investor.
Hit by the new drug pricing policy and regulatory interventions, growth rate of the Rs 72,069-crore Indian pharmaceutical market has slowed down to 9.8 per cent in 2013 as compared to 16.6 per cent in 2012, says a report.
The year 2014-15 could well go as one of long-pending financial sector reforms, expected to have a lasting impact.
What will the Centre and the Tamil Nadu government do to answer the queries and fears of investors who will want to be doubly sure they would not be harassed at a later date, as has been happening to Sterlite, should be interesting to watch, says N Sathiya Moorthy.
Several changes have been carried out in the existing rules or Civil Aviation Requirements, including one which clearly states that a passenger airline 'shall not enter into an agreement with a foreign investing institution or a foreign airline, which may give such foreign investing institution or foreign airlines or others on behalf of them, the right to control the management of the domestic operator.'
'The attempt to build a negative narrative about India's economic performance is disingenuous.' 'For the investors as well as the targeted beneficiaries of welfare schemes, the ground reality is very different,' argues Rajiv Kumar, vice-chairman, NITI Aayog.
Underscoring the need to boost the start-up ecosystem, the Reserve Bank on Tuesday said it will simplify rules and regulations which impede their growth and ensure that an entrepreneur does not have to run from "pillar to post" to start a business.
Biden, the first US Vice President to visit India in three decades, welcomed relaxation of foreign direct investment norms in certain sectors but said a lot more needed to be done to remove trade barriers.
'Xi Jinping got a dose of Modi's medicine inside the tent where he was being hosted on the banks of the Sabarmati river.' 'Modi reportedly told him, looking deep into his eyes: "This was not expected of your country. Can you tell me when the troops are withdrawing?".'
Modi's visit to some developed countries such as the US, Japan, China and Australia were sprinkled with humongous investment figures. But do we have the wherewithal to absorb such big investments?
Says licensing of new banks should be a continuous process instead of the current stop-go system
The niche banks - small finance and payments banks -have been set up to further the regulator's objective of deepening financial inclusion.
Bilateral investment flows have grown immensely with foreign direct investment into India from the US reaching $28.2 billion last year.
'The Indian State needs to focus on healthcare, education, infrastructure and law and order, and get out of all these regulatory cholesterols.' 'Then, India will fly.'
"In the flux and transition of our times, the most critical need in this region is to uphold and strengthen the rules and norms that must define our collective behaviour," he said.
'We are at $2.7 trillion and 2024 is not far away.' 'The country will need to grow by 9% every year for 5 years continuously and raise the aggregate investment rate to 38% of GDP to achieve the government's target of turning India into a $5 trillion economy.' 'Given the fact that we are only growing at about 5% and our investment rates are only about 30%, it may take a number of years before we can reach that targeted level.'
Investors booked profits at higher levels despite the growth oriented Budget.
The industry's reactions to the Budget have been mixed.
He added that the risks can increase if the Chinese slowdown gathers more speed.
'My interest is to open up transparency to the people who unnecessary raise these issues. The prime minister has full right to go wherever he is going but the question is why is he not transparent on expenditure.' 'When the prime minister went to the UN, he spoke of transparency. You are not complying with it. It shows hypocrisy.' Commodore Lokesh Batra (retd) on why he filed an RTI to find out how much Prime Minister Narendra Modi has spent on his foreign visits.
In a Q&A with Doordarshan, Jaitley discusses how he chose the areas on which he would spend more.
India must formulate a new growth path to become a top Asian economy.
The government is determined to stop generation of black money, he said.
TCS, ICICI Bank, Sun Pharma,Tata Motors and HDFC among the top losers for the day
Custodian banks are selling dollars for their foreign fund clients.
Following is the Facebook post of Finance Minister Arun Jaitley on one-year of the BJP-led NDA government.
A glance back at some of the important ups and down Indian Inc faced in 2018.
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Modi government has taken some interesting policy decisions in the 100 days since the time he met President Pranab Mukherjee to present his claim as Prime Minister of the world's largest democracy, says Tanmaya Nanda.
Apple Inc may have the best to offer in the near term.
While an uptick in economic activity will help banks come out of some of their problems, some issues currently facing the Indian banking industry are of its own doing says Pramit Jhaveri.
For the seven months since February 2014, the benchmark index surged nearly 27%.
India and South Africa on Friday agreed to deepen engagement in key areas of defence production, manufacturing, mining and minerals and combating terrorism.
Patience has kept IKEA, the euro 27-billion Swedish retailer, going despite entry hurdles. So says Juvencio Maeztu, its chief executive officer for India.
'The banking sector appears to be on course to recovery,' declares the RBI governor.
A key government official involved in initiatives to make doing business in the country easier said improving the ranking to 50th in a year was not possible but the country could certainly do that over two years.
Amongst those who heard the message of the Bihar results would be Defence Minister Manohar Parrikar, whose realm is simultaneously the country's most complex and -- when something goes wrong -- the most emotive, says Ajai Shukla.
The market breadth in BSE remains positive with 1,554 shares advancing and 1,196 shares declining.
