Under attack from the India Inc for his controversial comments in the wake of the killing of a CEO in Noida, Labour Minister Oscar Fernandes on Wednesday expressed his apologies. He had termed the incident a 'warning' to managements not to 'push' the employees 'so hard'.
10 high dividend paying stocks across sectors that are expected to maintain or even increase their pay-outs in FY23 thanks to faster earnings growth in the last four quarters.
There is positive correlation between crude oil prices and Indian equities and investors can expect more upside after the recent rally in Brent crude price.
Is the worst over for Indian banks? The past two years saw them ride on treasury trades as deposits soared and credit growth dipped sharply. Gross and net non-performing assets (NPAs) moved south, and the provision coverage ratio (PCR), capital buffers, and profitability indicators are back at pre-pandemic levels. So, what's the plot ahead?
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Industry's demand for a reduction in the repo rate, currently 8 per cent, has gained momentum after wholesale and retail inflation eased in February.
'The selling in India may emerge as soon as the RBI reverses its interest rate stance.'
Massive restrictions on legal immigration - including restricting immigrants who contribute to medicine, science, and research in the United States, and who are working to develop treatments for coronavirus and other deadly diseases - will not only hinder efforts to save lives, but prevent job creation and hurt American economy as the country struggles to recover.
Gehlot expressed his sadness over the turn of affairs in the state.
Metal prices from copper to aluminum and tin have shot up by about 7-32 per cent in the past three months.
For the banking system a new cycle starts in FY2024. It's fraught with fresh challenges on asset quality and profitability, warns Tamal Bandyopadhyay.
The same set of companies had reported 3.8 per cent annual net profit growth in the previous quarter and 7.5 per cent annual growth in the same quarter last financial year.
"They have apologised for hurting Indian sentiments and have sworn to correct the error by November 30, 2020," she added.
These have been selected based on the earnings growth prospects and favourable (buy) ratings by brokerages
For India, it is business as usual with the government muddling along.
In a day of frantic developments, Digvijaya Singh entered the fray for the Congress president's election as Rajasthan Chief Minister Ashok Gehlot opted out of the race and the suspense over his continuation at the helm in the state deepened with the party saying it would be decided in a day or two.
The US has been, historically, a sleeping partner in India-China relations. Today, any attempt by the Modi government to make a bilateral move to improve relations with Beijing could upset Biden's apple cart, notes Ambassador M K Bhadrakumar.
A large number of American companies like Google, Uber and IBM are offering their resources to help India successfully fight the battle against the deadly coronavirus pandemic.
The temptation to get into businesses that are hot is perhaps too great for any politician, no matter what his public slogans are. Nehru plunged into hot sectors of his time -- engineering and iron and steel. Modi has plunged into digital payments -- the hot sector of his time, notes Debashis Basu.
Market cap of government companies has remained unchanged in the past 8 years.
'You need to devalue the currency, ignite inflation, which then begins to oil the wheels of the economy.' 'Without that this severe recession is not going to reverse.'
The Congress Working Committee will meet on Sunday to discuss the outcome of the assembly elections in five states where the party received a drubbing, sources said.
A dominant force in the country's politics for decades, the grand old party's free fall continued as it lost Punjab to AAP and finished with just two seats out of 403 in the politically crucial state of Uttar Pradesh.
In the December quarter, Sensex earnings had contracted 5 per cent.
Penalty must act as a deterrent. If it is too low, it could encourage the regulated entities to lap up penalty instead of complying with the norms, suggests Tamal Bandyopadhyay.
What stocks will gain from a normal monsoon?
Amid hints that the government might be exploring capping royalty payments by India-based subsidiaries to US companies, experts warn Subhayan Chakraborty why such a move will only hurt the Indian economy.
Prabhu's maiden Railway budget is high on vision.
India is trying to push a national goods and services tax (GST) through parliament that would replace a myriad of state sales taxes and shake-up government revenue.
Finance Minister Nirmala Sitharaman cut fuel subsidies while slapping additional fuel taxes on unblended transport fuels in the latest Union Budget. The former will hit the rural poor, households that secured a subsidised LPG connection under the Pradhan Mantri Ujjwala Yojana (PMUY), a programme that was partly instrumental in helping the Bharatiya Janata Party (BJP) win the 2019 general elections. The latter will pretty much hurt the entire population after it kicks in from October. That's what it looks like. Or, perhaps, it's not as it appears to be, at least on the subsidy front.
Yum reduced the number of restaurants in India by 14 in the September quarter from the preceding quarter to 811.
Google Inc opened its first two data centres in Asia on Wednesday to cater to the world's fastest growing consumer technology markets, but the company has no plans to open one in China or India.
'I am quite optimistic that sooner or later, my wishful thinking would turn into a reality.' The only hitch is that the INC president's own career ambitions may be hurt if the Congress merges with the BJP,' says Sudhir Bisht.
'Sridevi was known as this elusive movie star, but there was a ticking brain there that I don't think she got enough credit for.'
'India's biggest loss is that we will not have anyone as principled and as courageous as Rajan.'
2014 was a year for downturn for most economies across the globe.
Arora was hired in July to run a newly created unit called SoftBank Internet and Media Inc.
'Dear PM, INC supports the salary cut for MPs. Please note that MPLAD is meant to execute developmental works in the constituency. Suspending it is a huge disservice to the constituents and will undermine the role and functions of MP,' Congress chief spokesperson Randeep Surjewala said on Twitter.
"While the risk of a correction goes up in the near term, on a long-term basis the Indian market is on an absolutely strong footing."
A division bench of Chief Justice Subhash Reddy and Justice V M Pancholi also issued notices to the state and central governments.
The final figure of polling could increase and it will be available on Tuesday, officials said.
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