Sintex Industries, Indo Count Industries, Bank of Maharashtra, Siti Networks, Lupin, Multi Commodity Exchange of India (MCX) and Dena Bank are some of the top losers
Bond investors have already concluded that Finance Minister Arun Jaitley will deviate from those plans when he delivers his budget on Thursday
The rollout of the scheme in its first year of implementation has been tardy with only 96,460 women receiving cash transfers
Chidambaram pointed to a recent survey by CSDS, which has brought out that the number one concern of the people of India was jobs
The median forecast from over 40 economists polled Jan 24-29 was for India's government to borrow 3.2 percent of gross domestic product (GDP) in fiscal 2018-19.
FinMin had informed labour ministry of a reduction in budgetary support towards PMRPY to Rs 5 bn in RE
Employers' contribution to provident fund might be cut
Employment generation is one of the key challenges before the government in the Budget 2018-19.
The future movements in the markets over the next month or so will be decided by the contents of the Budget 2018.
It is time to rethink the need for an omnibus mechanism for the three distinct tasks that budgets encompass, and unbundle them so that we can do justice to each of the three tasks
Trend following signals suggest keeping a buy on the Nifty with a stop at 10,500. The VIX stabilised at lower levels and it is rising again
With the end of the financial year fast approaching, the employed need to furnish their Section 80C investments. If you haven't still made any investments, here are five key ones
Govt on Wednesday permitted foreign airlines to invest up to 49 per cent in debt-ridden Air India, and eased norms for investment in single brand retail, construction and power exchanges
The finance ministry may consider taxing dividend in the hands of shareholders and do away with the dividend distribution tax (DDT) in the Budget to be unveiled on February 1, EY India said today. In its pre-Budget expectations, EY said DDT has become burdensome for corporates due to various factors such as high rate, litigation on disallowance and hence the return on capital employed has significantly diminished. "There is a strong stock market momentum and the government may not risk to slow down the same by introducing long term capital gains tax on equities market," EY India Partner & National Leader, Business Tax Services, Garima Pande said. In the Budget 2015-16, Finance Minister Arun Jaitley had said that the basic rate of corporate tax in India at 30 per cent is higher than the rates prevalent in other major Asian economies, making domestic industry uncompetitive, and it would be brought down to 25 per cent over four years. "Corporate income tax rate ...
How Modi fares in reining in the fiscal deficit while seeking to jump-start activity may determine the currency's direction for the remainder of the year, analysts say
At the current consumption level, a dollar increase in crude price on a permanent basis will increase the oil import bill by roughly Rs 100 billion per annum
As per existing regulations, if there are losses in a fund at the end of its life, the same cannot be passed onto its investors
India Ratings and Research today projected the country's economic growth to improve to 7.1 per cent next fiscal from 6.5 per cent this year, buoyed by robust consumption demand and low commodity prices. In its outlook for 2018-19, the agency said there will be a gradual pick up in growth momentum owing to structural reforms like GST and Insolvency and Bankruptcy Code (IBC) in place. "While the implementation of GST is likely to benefit the economy over the medium to long term, the same cannot be said about the impact of demonetisation," India Ratings & Research (Ind-Ra), a subsidiary of Fitch Ratings, said. Ind-Ra expects gross domestic product (GDP) to grow 7.1 per cent year-on-year in 2018-19, it said. The projection is a tad lower than 7.4 per cent growth estimated by Asian Development Bank (ADB) and International Monetary Fund (IMF) for next fiscal. Ind-Ra said but for demonetisation and Goods and Services Tax (GST) implementation, growth would not have ...
It is a customary practice for the finance minister to address the boards of Sebi and RBI