Pitching for greater use of "clean" and "dependable" nuclear power, Prime Minister Manmohan Singh on Monday made it clear that India will need large amount of energy to maintain the tempo of growth which averaged 7.9 per cent during the last 10 years despite two bouts of global recession.
While going back to the old bill is only a face saver, there is little in the bill that will excite industry or the markets, says Shishir Asthana.
Markets opened marginally higher helped by a rebound in index heavyweights
The Union Cabinet on Thursday night gave the go-ahead for the creation of a 10-district Telangana and outlined the blueprint for carving out the country's 29th state from the current Andhra Pradesh.
'The days when less government, more governance were spoken of are well and truly behind us.' 'More government, it is now believed, means more governance,' says Saisuresh Sivaswamy.
'Earlier compensation was less, but we have increased compensation four fold. As a result, farmers want to give up their land.' 'Infrastructure projects will create 50 lakh jobs. If today we are building 14 km of road per day, by next March, we hope to take it up to 30 km. My own hope is we can take it to 100 km per day.' 'The government's ambitious Sagarmala project aims to develop port infrastructure along the country's 7,500 km coastline. The project includes modernisation of our ports and islands, setting up of coastal economic zones, new major ports and fish harbours.'
Despite the rally, on the basis of valuations, Indian markets aren't too expensive, says Christopher Wood, managing director and equity strategist at CLSA.
Companies use journalists as conduits.
The shares could continue to see outperformance if the Budget assumptions are proved correct
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The 30-share Sensex ended 117 points higher at 26,560 and the 50-share Nifty gained 31 points to end at 7,936.
The 50-share NSE Nifty was trading lower by 24 points.
The Rashtrapati Bhavan has come out with a communiqu announcing distribution of portfolios of the ministers sworn-in on Monday in Prime Minister Narendra Modi's council of ministers:
The 30-share Sensex dropped 298 points to end at 27,209 and the 50-share Nifty has lost 93 points to end at 8,174.
Enunciating slew of measures initiated by the UPA to augment the sector, the finance minister said 19 oil and gas blocks were given out for exploration and 7 new airports are under construction.
India must reckon with the possibility that it will struggle to attract higher overseas investment.
News of all that's transpired on and off the football fieLd
China is slowing down, Europe is barely afloat and the US is meeting a larger chunk of its own demand.
'The Budget has maintained fiscal prudence while announcing a number of steps to boost growth, particularly in infrastructure and rural sectors.'
The country's narrowing power deficit and increased coal production may not be indicators of the end of stress in the industry. Amritha Pillay reports.
Year 2013 saw business leaders facing the ire of hostile investigative agencies.
About 53 million homes in the country are yet to get electricity and many industries depend on diesel generation sets to meet their requirements.
Bharti Airtel, HDFC, ONGC, ITC and CIL emerged as the top gainers.
Here comes the moment of truth. Modi prides himself on offering an "incorruptible" government. Will he dilute the Prevention of Corruption (Amendment) Bill to coax the administration's fealty and compromise his self-image?
Opposition on Monday picked holes in various government decisions like demonetisation and surgical strikes as well as allocation of funds for MNREGA, agriculture sector and Scheduled Castes, saying it has failed on all fronts despite which it is trying to "fool" the people.
The recovery was led by pharma majors led by Dr Reddy's Labs.
Instead of only government departments and state-owned undertakings, the CAG can now audit private companies, too.
The progress of the GST Bill in Parliament is also likely to remain in focus
The government is looking at building by-laws and floor area ratio so that you can build up instead of out, thus requiring less land.
Full list of the rejigged Union Council of Ministers
'These are challenging times and we get energised by that.' 'I don't feel that 'I am tired now and I should relax', because even if someone calls us at 12 o'clock I have to answer his call.'
Markets ended lower amid volatile trade with Sun Pharma leading the decline.
The 30-share Sensex ended down 538 points at 26,781 and 50-share Nifty ended down 152 points at 8,067.
Finance Minister Arun Jaitley has said the larger interest of the public sector would be fully protected.
India is only on the starting block.
The government allocated Rs 650 billion for petroleum subsidies in FY14, of which Rs 450 billion was used to pay oil marketing companies for the subsidy gap incurred in the previous financial year.
'If these two parties come together, there could be amalgamation of OBC, Dalits and Muslim votes.'
The automobile segment is our preferred area, and old favourites such as Tata Motors, Bajaj and Maruti Suzuki continue to entice us.
China's economy is in transition, with rising wage costs and massive overcapacity.
'India is likely to do better than other emerging markets.'
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.
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