5 simple things to do to revive the economy
No miracle man can revive the economy without revitalising the credit cycle.
Focus on investment and exports to revive investment, economic cycles: Kiran Mazumdar Shaw
In order to restore confidence among private playe...
Nominal GDP needs to grow above 10% for wage growth
At present, India’s nominal GDP growth stands at 7.5 per cent against 11.20 per cent a ye...
View: Domestic stability is a prerequisite for an economic revival
India Inc, in its interactions with the PM, should have driven home the simple fact that peace and stability is a prerequisite for the economy getting back on track, and that needs to be in place before attending to administering any medicines for the country’s current economic ills.
Cabinet approves closure of Hindustan Fluorocarbons Ltd
HFL has been making losses since 2013-14 and has negative net worth. As on March 31, 2019, it had accumulated losses of Rs 62.81 crore and net worth of (-) Rs 43.20 crore. It was also registered with the erstwhile Board for Industrial and Financial Construction (BIFR) as a sick company.
India's GDP to grow at 5.5% in FY21, says India Ratings
In recent months, the government has announced a number of steps to shore up the economic growth including a corporate tax rate cut.
View: What's the biggest likely risk to Modi's $5 trillion GDP goal?
For perspective, it took us nearly a decade to go from about $1 trillion to $3 trillion.
Dollar holds gains as investors cheer US economic outlook
The greenback held steady near a one-week high against the euro, at $1.1096.
Foreigners dump bonds fearing widening Budget deficit
The sell-off may be a sign of the start of prolonged pain for the nation’s bond markets.
Asian stocks arrest slide but investors on edge over China virus
MSCI's broadest index of Asia-Pacific shares outside Japan spent the morning trading either side of flat.
Letter from Wall Street: Dear PM Modi, your politics can wait, but the economy cannot
Use the mandate to implement policies that will make their lives better in the short, medium and long term.
Mutual funds add 68 lakh folios in 2019
As per Sebi, the number of folios with 44 fund houses rose to 8.71 crore at the end of December 2019 from 8.03 crore at the end of December 2018
Cairn India hunts for big oil partner via stake sale
Cairn is the country’s largest private sector oil and gas producer accounting for nearly a quarter of India’s total domestic crude oil production and Vedanta may look to dilute up to 25% to raise a minimum of $1.5-2 billion (Rs 10,500-14,100) through this “value unlocking” exercise.
What's really weighing on market sentiment suddenly?
“Earnings of some large companies were slightly below expectations. Valuations are not cheap for any of these companies so a miss on expectations can lead to over-reaction to the results,” said Nitin Bhasin, head of research-institutional equities at Ambit Capital.
Economic revival unlikely soon: International Monetary Fund
Fund’s chief economist Gita Gopinath stresses need for ‘important reforms’ in land acquisition and labour laws
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