Analysts said with more power sector companies referred to the NCLT by banks, large companies would be at an advantage.
'People are doing a lot of trading.' 'Short-term euphoria can be seen.' 'Retail participation is best through MFs and PMS.'
Thousands of farmers, mainly from Punjab and Haryana, are protesting at various borders of the national capital for more than a month against the laws and are demanding that these be repealed.
A closer look at the data reveals that a lot of the items are not part of this calculation. The notable ones include buffalo meat, marine exports, raw cotton, and plantation crops such as tea, coffee, rubber, etc.
'If the government wants to see our strength, we will show them'
Electricity Act 2003 is likely to be notified in the next 10 days while national electricity and tariff policy will be formulated in the next six-eight months
A Delhi court on Monday framed defamation charges against Aam Aadmi Party leader Arvind Kejriwal in a case filed by Delhi Chief Minister Sheila Dikshit's political secretary for his alleged remarks against her during power tariff hike protests in October 2012.
Arvind Kejriwal, set to be the youngest chief minister of Delhi, will face immediate challenge of fulfilling three key promises he made during the poll campaign -- passage of Delhi Jan Lokpal Bill, cutting power tariff by 50 per cent and supplying 700 litres of free water to each household across the city.
The upward revision in growth forecast for current fiscal comes in the backdrop of GDP expanding 8.2 per cent in April-June quarter, higher than Fitch's expectation of 7.7 per cent.
Rather than talking endlessly about lost and marginal opportunities, India's climate envoys need to start thinking bigger, says Mihir S Sharma.
A week after taking office, Arvind Kejriwal and his ministers have ambitious promises to keep.
'If we play our cards right, we may even benefit from the competition between the US and China as seen from increased investment from each of these countries into India.' 'The size of our market gives us an important lever of power which we shall have to play adroitly and intelligently,' points out Ambassador Gautam Bambawale -- who served as India's envoy to China -- in the Professor V M Dandekar Memorial Lecture 2019, delivered on March 8, 2019 in Pune.
Jaitley says govt is open to scrapping 1% additional tax on GST
India poses a "bigger problem" than China when it comes to fighting climate change, particularly on reducing carbon emissions, Democratic presidential aspirant and former New York mayor Michael Bloomberg has claimed. During his maiden appearance on a Democratic presidential primary debate in Las Vegas on Wednesday, Bloomberg said it was "ridiculous" of the Trump administration to take the US out of the 2015 Paris climate agreement, as he outlined his approach to tackling climate change.
NDA's energy plan powered UP win, but it's not a winner yet. Centre has claimed to have saved money by targeted coverage but critics say the system is not yet foolproof.
The Chinese leader is today facing some open, or less subtle, criticism from within the party and from liberal intellectuals who are increasingly concerned by the concentration of power in his hands and the increasing authoritarianism of the regime, says Claude Smadja.
'Change was very much needed for the Congress to win the 2022 assembly elections.'
CAG audit is likely to be completed in six months.
The highest cap for the capacity would be 2 GW and can be set up in tranches at whatever location the project developer deems fit.
Losers include ONGC, Bajaj Finance, Reliance, SBI, Hero MotoCorp, ICICI Bank, L&T, Vedanta, Yes Bank and Axis Bank, falling up to 2.54 per cent. On the other hand, Tata Steel, PowerGrid, HCL Tech, Kotak Bank and Maruti were the top gainers on Sensex, rising up to 2.31 per cent.
Activist-turned-politician Arvind Kejriwal Wednesday stood firm in a local court on his stand of not seeking bail in a defamation case filed against him by Delhi Chief Minister Sheila Dikshit's political secretary for his alleged remarks against her during power tariff hike protests.
The broader NSE Nifty reclaimed the 11,600 level, zooming 326 points or 2.9 per cent to settle at 11,600.20. Top gainers in the Sensex pack included Bajaj Finance, L&T, Asian Paints, ITC, Axis Bank, Kotak Bank, ICICI Bank, HDFC twins, Maruti and SBI, rallying up to 8.70 per cent.
Any market correction, analysts say, would be an attractive entry point for risky assets, which should do well over the medium-to-long term.
The Delhi government on Friday rejected as 'totally baseless' Arvind Kejriwal's allegations of restraining the Delhi Electricity Regulatory Commission from passing an order in 2010 to slash tariff by 23 per cent. "The allegations are a bundle of lies," Chief Minister Sheila Dikshit's Office said.
Private power producers wanted the sub-market domestic coal prices to be averaged out with international price of imported coal so as to have a uniform fuel price and remove the disadvantage new projects faced as compared to older ones.
Investors lost around Rs 1.57 lakh crore in market valuation on Friday.
in the first lot 74 blocks will be auctioned, but the number of mines a company can bid will be capped to avoid monopoly.
The NSE Nifty, which dipped below the key 10,800-mark to touch a low of 10,755.40, bounced back on late buying to close at 10,817.70, up 9.65 points, or 0.09 per cent.
Activist-turned-politician Arvind Kejriwal was on Wednesay released by a Delhi court on an undertaking after he refused to seek bail in a criminal defamation case filed against him by Delhi Chief Minister Sheila Dikshit's political secretary for his remarks during protests on power tariff issue.
Addressing a press conference at the Singhu border protest site, farmer leaders warned of multiple actions if their main demands are not met. They said that only five per cent of the issues raised by them have so far been discussed in meetings with the government.
'There is no doubt at all that Jio's disruption of the mobile broadband market was a turning point for India's digital economy.'
'There is a fiscal crisis building up, which might become apparent when the Finance Commission presents its report,' warns T N Ninan.
The Sensex was mainly dragged by Tata Motors, ICICI Bank, Bharti Airtel and Reliance Industries -- shedding as much as 4.60 per cent.
The BSE gauge Sensex fell 73.88 points to 35,548.26 and the NSE Nifty slid 17.85 points to 10,799.85, taking cues from tumbling global shares.
In the Sensex pack, Yes Bank, Tata Motors, Bajaj Finance, Tata Steel, HDFC twins, IndusInd Bank, RIL, Asian Paints, Hero MotoCorp, Axis Bank, M&M, HUL, Bajaj Auto, NTPC, HCL Tech, Kotak Bank and Infosys fell up to 5.30 per cent.
Despite being a neighbour, Pakistan has never accounted for more than 2 per cent of India's total exports, and its share in India's total imports is less than 1 per cent. On the other hand, bilateral trade between India and Bangladesh has increased five times.
The Tamil Nadu chief minister may have opened a Pandora's Box on the religion front with the appointment of qualified non-Brahmin temple priests, observes N Sathiya Moorthy.
At the end of 2018-19, the Tata group had a consolidated debt of Rs 2.77 trillion. Tatas not only plan to avoid big-ticket acquisitions for now, the group's main focus will be on improving key metrics and reduce debt, say Shally Seth Mohile & Dev Chatterjee.
The good news for the group has come from the port business.
'Let the Congress high command decide who will replace Captain Amarinder because they are far wiser than I am.'
