Government may announce lots of disinvestment plans in the Budget and some hike in income tax slabs, says Dhananjay Sinha, Emkay Global Fin Services. Money Control, 1 month ago
The equity market saw a knee jerk reaction as the benchmark indices Sensex and Nifty fell sharply intra-day after the Reserve Bank of India announced a status quo on lending rate and a change in monetary policy stance from accommodative to neutral. The RBI ...The Financial Chronicle, 3 weeks ago
Bond prices crashed on Wednesday, with the central bank changing its policy stance from ‘accommodative’ to ‘neutral’, indicating the end of the rate easing cycle. The change in stance appears to indicate that further rate cuts in the near term (at ...The Financial Chronicle, 3 weeks ago
With cash -- the primary medium of exchange -- all but disappearing, it is now unlikely that the expected fillip to demand on account of a good monsoon and proceeds from the Seventh Pay Commission payout will materialise.Ishan Bakshi reports.Illustration: Dominic Xavier/Rediff.com The government's most ambitious policy that demonetised roughly 86% of the country's currency in circulation ended on Friday, but the hardship is likely to linger. Across the country, bank branches are still unable ...Rediff.com, 2 months ago
Demonetisation, which struck a rising market like lightning, has crimped the outlook for the equity market. Analysts, though still grappling with unfolding events, have scaled down one-year Nifty target to 7,500-8,000 points from close to 9,000 projected ...The Financial Chronicle, 2 months ago
Experts say it will now be tough for the Modi government to catch up with the UPA's economic record owing to the shock induced by the currency demonetisation.Krishna Kant/Business Standard reports. The Narendra Modi government needs to grow the economy at twice the speed in its second term to catch up with the economic performance of the previous United Progressive Alliance-II government and even faster if it wishes to trounce UPA-I's record. For example, the manufacturing sector needs to grow ...Rediff.com, 2 months ago
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