In an hour-long chat, Santosh Naik, managing director and chief executive of Disha Direct Marketing Services Pvt Ltd, offered some valuable realty tips.
Banks can collapse, markets can be rigged, investment instruments can become worthless overnight, auditors can fail to blow the whistle, board directors can be asleep, and regulators can be incompetent, notes T N Ninan.
Terming the 23.9 per cent fall in economic growth in the June quarter alarming, former Reserve Bank Governor Raghuram Rajan has said bureaucracy should come out of complacency and take meaningful action. The current crisis requires a more thoughtful and active government, he said, adding, "Unfortunately, after an initial burst of activity, it seems to have retreated into a shell."
"I think very soon. We are doing very well. (US Trade Representative) Robert Lighthizer who is right here negotiating with India... I think, very soon we will have a trade deal," Trump told reporters when asked if there is any trade deal is expected between India and the US.
Moody's Investors Service on Friday slashed its estimate of India's GDP growth during the 2020 calendar year to 2.5 per cent from an earlier estimate of 5.3 per cent, on account of the rising economic cost of the coronavirus pandemic.
The governance reforms, as an official put it, would bring in measures to track the performance of the executive-rank employees of the banks, intensively.
>The protesters should entrust the final judgement on the farm reform laws to the Supreme Court-mandated committee of experts and return to their villages, argues Virendra Kapoor.
Sebi's move to curb volatility didn't work for the market as rules were applicable for both long and short positions which makes difficult new long positions while short positions caused more price damage due to lack of liquidity.
Santosh Naik, managing director and chief executive of Disha Direct Marketing Services Pvt Ltd, offered some valuable tips during a chat on rediff.com on Friday.
'Unless we get the health and economic situations right at the same time, we will not recover.'
And why markets could give up 25 per cent of all these gains made since March 2020
The government currently holds 87.40 per cent stake in IRCTC. To meet Sebi's public holding norm, it has to lower its stake in the company to 75 per cent.
The missile will allow combat pilots to engage ground targets from a standoff range of up to 60 km.
Tata Group had hinted at combining its enterprise business with Tata Communications and its fixed-line and broadband businesses with Tata Sky.
Opposing a dialogue with Pakistan till it stops 'exporting' terror into Jammu and Kashmir, a Bharatiya Janata Party delegation led by Jammu and Kashmir president Ravinder Raina at an all-party meet in New Delhi on Thursday said those seeking engagement with the neighbouring country should meet the victims of violence to understand their pain.
The commanders are also expected to specifically deliberate on deployment of first batch of around six Rafale fighter jets which are expected to join the IAF's fighter fleet later this month, they said.
Generally, the central bank grants its approval by mid-March, or latest by March 31, but most banks have not received RBI approval on bonus packages this year.
Most of the economic activity in the country had come to a standstill after the government imposed a 21-day nationwide lockdown beginning March 25 to check the spread of coronavirus.
Around 275,000 migrant labourers and their family members have returned to the state. According to the state government, this number could exceed 1 million by the end of this month. As the NDA government in Bihar is scheduled to face polls at the end of this year, providing livelihoods to these people is on the top Chief Minister Nitish Kumar's agenda.
'Political parties are following the Divide and Rule policy to break the unity of farmers.'
The recent drone scare at London's Gatwick airport has exposed the lack of preparedness against drones, says Pranjal Sharma.
The minister further said state discoms should not give orders for supply of equipment to Chinese firms.
The annual earnings of a non-executive chairman of a PSB is capped at Rs 10 lakh, inclusive of fees for attending board meetings. This is way below the compensation of the chairman of any private bank, reveals Tamal Bandyopadhyay.
With demand drying up, hotels are surviving on quarantine centres and isolation facilities.
'The more retail investors keep away from speculative activity, the more they will manage their risks better.'
Any market correction, analysts say, would be an attractive entry point for risky assets, which should do well over the medium-to-long term.
Modi first mentioned about his vision for an 'Atmanirbhar Bharat' (self-reliant India) in his address to the nation on May 12 while announcing a Rs 20 lakh-crore stimulus package to boost the economy hit by the coronavirus pandemic. Since then, various ministries and departments have announced a series of measures.
India's MRP and Packaged Commodities Acts are dated and not in line with the modern world's digital price mechanisms and comparisons.
With the last two stimulus packages working wonders for the packaged goods industry, players in the sector are now rooting for one more round of fiscal incentives to further boost demand in the domestic rural markets and be competitive overseas.
The tea sector may see a crop loss of 50 per cent (around Rs150 crore) while the damages owing to landslides washing away a 100-acre plantation in Wayanad are yet to be accounted for.
As a model of transport, the A380 strikes a parallel -- a shared fragility -- with giant container ships, observes Shyam G Menon.
Indian economy was growing faster than the global average and all other major economies: FM
These firms offer job security and lucrative salries.
The Bangalore Chamber of Industry and Commerce (BCIC), which represents the medium and large industries in the state, has urged the Karnataka government to come out with a state-specific relief package for the industrial sector including announcement of a one-year interest free loan scheme to industries.
"Few shots from 30,000 feet! Mid air refuelling of #RafaleJets on their way to #India," the Indian Embassy in France tweeted
Analysts have pointed out that with the dues arising out of the SC judgment there could soon be only two private telcos in the country, and not three - Reliance Jio, Bharti Airtel and Vodafone Idea - as now.
The Hindutva social media continues to present the DMK especially as anti-god, anti-Hindu and anti-Brahmin. The strategy did not work in the past, it has not worked in the present, and would not work in the future, as a massive vote-getter, asserts N Sathiya Moorthy.
