India
Vai alla Scheda Paese »Live as if you were to die tomorrow. Learn as if you were to live forever.
— Mahatma Gandhi
Live as if you were to die tomorrow. Learn as if you were to live forever.
— Mahatma Gandhi
India is still in a sweet spot with foreign investors but this year’s Budget will be a make or break one from the country’s perspective, says Nakhate.
According to dealers’ interactions with analysts, cement prices have gone up Rs 15-30 per 50 kg bag in the north and some parts of west in February.
The company had got board approval to raise rupee-denominated bonds of as much as $750 million in overseas market during the current financial year.
Brokers said optimistic buying by participants and domestic funds ahead of the Economic Survey due today and the Budget on Monday came as a big positive.
By joining an expanded Trans-Pacific Partnership (TPP) or participating in a comprehensive Free Trade Area of the Asia Pacific (FTAAP) and the country's national income would expand by 4%, or $200 billion
The Goods and Service Tax (GST) bill has the potential to push India's GDP by 1%-2%
Foreign investors are showing their displeasure by dumping a net $2.4-b in shares this year
The Economic Survey report called India "a haven of stability" in a gloomy international landscape but, as Group of 20 finance ministers gathered for talks in Shanghai, warned too of possible currency turmoil in Asia after China's recent devaluation.
Foreign investors are showing their displeasure by heading for the exit, dumping a net $2.4 billion in shares this year - the second-biggest outflows in Asia excluding China, according to exchange data around the region.
Vijay Mallya's Rs 515-crore 'golden parachute' to exit United Spirits faces an extensive scrutiny by markets regulator Sebi, which has begun looking into possible violations of corporate governance and other norms because of this deal.
A quick look at the state of the Indian economy.
Axis Bank, India's third largest private sector bank, today signed an agreement with Coursera, the world's largest open online education provider, to nurture and up skill its human capital through online certification courses from top universities.
"It is estimated that the National LED programme will result in annual electricity saving of about 109 billion units and a 21,500 MW reduction in demand along with monetary savings of Rs 45,500 crore accruing to domestic consumers and urban local bodies," said the Economic Survey.
History shows there is a strong tendency in the market to reverse the intermediate trend after the initial euphoria.
The benchmark Sensex jumped over 210 points after the Economic Survey projected the Indian economy to grow at 7-7.75% in 2016-17, which could accelerate to 8% in a couple of years. The lift came from gains mostly in Coal India, SBI, Axis Bank, L&T, NTPC, HDFC Ltd, Cipla, HDFC Bank, ...
The liquor baron Vijay Mallya has agreed to give up his chairmanship and board seat at India’s top spirits company, United Spirits, ending months of conflict with the company’s new owner.