The measures to reduce the current account deficit should have focused far more on narrowing the trade imbalance, principally through export facilitation and linked FDI, says Nitin Desai.
Two of these launches are from the country's largest passenger carmaker, Maruti
The Hyundai Elantra is a well-known name in India, thanks to the striking design language used both the times it was introduced in the country, i.e. in the year 2000 and later in 2012. Now Hyundai has decided to launch the sixth generation car in India to re-capture the D-segment sedan throne. Indian automotive website MotorBeam.com got its hands on the car and decided to run the classy sedan through its paces.
Given the stability of the rupee over the last 10 months, many companies have been tempted not to hedge their foreign currency risk.
The rupee had strengthened by 19 paise on Monday.
IT majors along with metal names Sesa Goa and Hindalco buck trend.
'India is the largest stomping ground in the world for impact investing as we have an extraordinary combination of entrepreneurial drive with huge, absolute demand for all kinds of social services,' IDFC First Bank's chief Rajiv Lall tells Anjuli Bhargava.
Currently, Hyundai has 400 dealerships and over 270 rural sales outlets supported by over 1,000 service centers across India.
Several speakers noted that Budget carried the weight of expectations.
NDA government has shunned populism.
Nobutaka Kitajima, chief investment officer -- equity, LIC Nomura Mutual Fund, tells Business Standard the reaction to the Fed's statements has been overdone and the current downturn has punished certain stocks much more than their inherent economic worth and business potential.
Nifty crosses 9,750-mark; Bharti Airtel, TCS, Wipro, Lupin and Coal India gained the most on BSE Sensex
With March 2016 being the final quarter when banks will have to disclose their stressed assets, the markets are assuming the worst is yet to come
The government is scheduled to release index of industrial growth for November and consumer price inflation for December later today.
Another year of strong performance by these export-oriented sectors likely as US economy revives and rupee is expected to be under pressure.
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UBS said it remained bullish on India and it may be early to book profits.
Dilip Bhat, joint managing director of the Prabhudas Lilladher group, a financial products agency, talks to Business Standard about the market rally ahead of the elections.
Reduce frill expenses, monetise your assets and invest in professional development to negotiate the choppy phase.
The industry players couldn't hide their disappointment.
With certain quarters demanding privatisation of public sector banks in the aftermath of the alleged fraud at Punjab National Bank (PNB), Economic Advisory Council to the Prime Minister chairman Bibek Debroy tells Sanjeeb Mukherjee, Ishan Bakshi and Indivjal Dhasmana that reducing government equity even to zero would not mean giving up of government control over these banks.
'LIC's proposed investment will come out of what is technically called the 'policyholders funds'.' 'As the name implies, these monies belong to policyholders; that is, you, me and 25 crore others who have taken a total of 30 crore policies from LIC.' 'It is not the government's or LIC's money to play poker with,' says S Muralidharan, former managing director, BNP Paribas.
With inflation down, the government's twin deficits are largely under control.
However, it still lags far behind the US, which leads with a market-capitalisation of $23.9 trillion through August 2014.
Adhil Shetty, CEO, BankBazaar.com shares his thoughts on what could help make digitisation and going cashless easier in the New Year.
'It can't be a coincidence that he and his family, uncles and all, vanished from India only days before the scam was discovered.'
Markets recorded their biggest single-day fall since August 1 amid growth concerns in the euro zone.
If the impact of the Greece crisis spreads across Europe and parts of the world which are more interconnected than ever before, India cannot hope to be insulated, says Paranjoy Guha Thakurta.
The record breaking spree was led by index heavyweights, financials and metal stocks.
Temporary workers not only lack job security, they get less pay and an inferior overall package.
This is yet another large energy deal for Warren Buffett in the western United States.
Cashi Crisis: Day 9: Aaj ki Taaza Khabar!
Earning woes drag markets lower; TCS, HUL lead fall.
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Chairman Anand Mahindra spoke to Business Standard on affordable housing.
Sales of diesel-powered utility vehicles have been declining in the past six months as the differential between petrol and diesel prices narrowed.
India has an unprecedented opportunity to develop solar industry because like China, it offers scale which is critical to reducing costs and to stimulate innovation, says Shyam Saran.
'Trust a fund manager, buy some small-cap funds and stay invested.'
Oil price have started rising as President Barack Obama's efforts to win backing for a military strike against Syria cleared its first hurdle.
Modi placed a $12.6 billion bet in this year's budget on road building
