Govt's three errors of DeMo, flawed GST, squeeze on banks, sent economy in tailspin: Chidambaram
"We will limp along. But if there is a crisis -- problem in the Middle East, a war or a trade war between the US and China, is there a plan B that the government has?" he asked. Pointing out that the government has itself set a "pessimistic" target of 10 per cent nominal growth, Chidambaram said the real growth would at best be around five per cent.
View: CAA and NRC are deepening divisions, creating mistrust — and hurting the economy
The two are, in fact, incompatible. Global experience ...
Dollar holds gains as investors cheer US economic outlook
The greenback held steady near a one-week high against the euro, at $1.1096.
SIS Q3 profit jumps 33% to Rs 78 crore
Revenue increased 18.6 per cent to Rs 2,178.2 crore compared with Rs 1,836.8 crore.
We are 1-2 quarters away from growth revival: Manish Jain, Ambit Asset Management
I would keep betting on quality private sector banks which are more retail focussed.
Sensex sheds 284 points, turns negative for 2020; China virus concerns weigh
Year to date, Sensex and Nifty are down 0.82 per cent and 1.09 per cent, respectively.
Govt's budgetary push for infra to boost cement industry: CMA
Finance minister Nirmala Sitharaman announced the plans to set up five new smart cities on PPP model and 100 more airports to be set up by 2024 to support UDAN scheme and allocated Rs 1.7 lakh crore to transportation. Cement manufacturers association said the emphasis on infrastructure development will go a long way to revive cement demand.
ITC continues to work with a 'growth mindset' amid slowdown: Sanjiv Puri
Puri said having entered 12 new FMCG categories in last five years, ITC is now focussed on scaling up some of these categories rather than adding newer ones.
Real estate sector sentiments revive to optimistic zone in Dec quarter: Report
The real estate sector has been under pressure for over three years now.
How Indian-American VC Gururaj Deshpande is incubating startups in small towns
The concept of using philanthropy to revive struggling communities is attracting the attention of wealthy entrepreneurs. They see it as a way not only to combat income inequality but also to stanch the flow of talent out of these communities.
Pawar meets Anurag Thakur to discuss revival of scam-hit PMC Bank
The PMC Bank has been put under restrictions by the RBI, after a multi-crore scam came to light following which the deposit withdrawal was initially capped at Rs 1,000, causing panic and distress among depositors. The withdrawal limit was increased gradually to Rs 50,000.
RBI in pause mode, but Das keeps rate cut hopes alive: 10 key takeaways
The monetary policy committee recognised that there is policy space available for future action.
Auto industry seeks bold fiscal measures in the Budget to revive growth
The sector — suffering for a year now — reported its worst-ever sales decline in two decades during 2019.
RBI keeps rates unchanged amid inflation worries
The central bank raised its inflation projection, saying that outlook on prices remains uncertain. The Monetary Policy Committee (MPC) maintained the accommodative stance.
View: Budget enough to satisfy both optimists & pessimists
The optimists will cheer the government’s efforts to contain the fiscal deficit.
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