Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
The government's Rs 20.97 lakh crore COVID-19 package lacks in addressing the immediate concerns of the economy as the actual fiscal impact of the additional stimulus is only about 1 per cent of the GDP as opposed to the claim of 10 per cent, Fitch Solutions said on Tuesday. Prime Minister Narendra Modi on May 12 announced a stimulus package of Rs 20 lakh crore, or nearly 10 per cent of GDP, to deal with the economic fallout of COVID-19. The contents of the package were broad-based and announced in five tranches.
After Multi Fiber Arrangement is phased out, the textile industry of developing economies like India will have a reason to be optimistic about the long-term growth opportunity.
'There are deeper, underlying, forces at work and we need institutional arrangements to guard against them.'
Apart from the Google team led by AI scientist Manish Gupta, the company will also partner with the research community across the country to focus on tackling challenges in fields like healthcare, agriculture, and education.
Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark.
Retail investors need to keep abreast of the news flow that emanates from companies so as to keep better track of their investments.
IMF MD Christine Lagarde hailed the government's latest Budget.
"In terms of local taxes, in terms of local small business productivity, local large business competitiveness, their educational outcomes, their entrepreneurial work, that's what matters," the Microsoft CEO said.
The slowdown in growth is an industry-wide trend and companies are adjusting production to bring down the inventory levels at plants as well as dealerships.
While three of the top five FPIs - Capital, Government of Singapore, and Vanguard - have seen their investment value more than triple, India's benchmark indices have risen just 70%.
MFA is an agreement through which a particular country is restricted to export its textile products beyond a certain level to European and US markets.
Online hiring activity went up around 26 per cent in May.
'If India can only grow at 5%, why bother spending time on the country?' asks Akash Prakash.
Tata Group chairman Cyrus Mistry is keen to promote the 'Make in India' campaign.
The government's increased thrust on investment and continued focus on job creation in India gives the sense of an improving job market scenario in the coming months.
AirAsia's India plans may not be hit with the current crisis that the airline is going through
Unseasonal rains and hailstorm are likely to disrupt supplies.
The group will be in a better position to now scale up most of its segments irrespective of government policy, but the bad news others add is its growing debt.
The long-term growth perspective or potential for India is one of the highest in the Asia Pacific region.
Equity strategists are basing their expectation on strong corporate earnings recovery, supportive global economic growth, and gradual improvement in business sentiment.
'A sustainable growth rate of 8 per cent is evidently some distance away,' says T N Ninan.
'We have set out a timetable to reduce income tax rates for all incomes below Rs 50 lakh, and to progressively eliminate the surcharges on income above Rs 50 lakh, by 2024.' The Budget speech past CII president Naushad Forbes wants to hear.
Hiring activities pick up in December.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'But the world would be much poorer without economics' contribution to understanding how societies function and without economists' suggestions as to how politicians might improve them. 'And economists themselves could do wonders by simply incorporating the country-specific factors in their econometric models rather than just applying them in toto," say Soumya Kanti Ghosh and Samir K Jha.
The Monster.com employment index, rose 31 points to 154 in July from 123 points in the same month a year ago, up 25 per cent.
Don't invest more than 5 per cent of your portfolio in bitcoin. The virtual currency's price has run up very fast and experts feel a correction may be around the corner.
Swati Kulkarni, executive vice-president and fund manager - equities at UTI Mutual Fund tells Puneet Wadhwa that though mid-and small-cap companies are trading at a higher valuation as compared to large-cap peers, one can still find value in select pockets.
According to leading job portal Monster.com, since the start of this year, online recruitment has registered consistent consistent improvement as compared to the year ago period.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
In an online chat with Rediff.com readers, G Srikanth, partner, GSV Associates, chartered accountants, Chennai and member of the Institute of Cost and Management Accountants, answered queries about the new income tax proposals mooted in the Union Budget 2020-2021.
He warned low interest rates globally could distort markets and would be difficult to abandon
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The recent rupee depreciation and capital outflows could adversely impact the country's economy.
This is another blow to Modi's ambitious economic reform agenda that has been stalled by a logjam in parliament