The government has indicated that it will soon introduce a Bill in Parliament that will explicitly ban private cryptocurrencies such as bitcoin. The Bill will
Honda Motorcycle and Scooter India (HMSI) expects to log in double-digit volume growth in the ongoing quarter as well as the April-June period of the
Whether against Vodafone or Cairn, the cost in terms of time and spoiled investment ambiance for the nation is much above any rewards to the exchequer. The government’s intention of imposing the sovereign right to tax will create tremendous confusion or misperception and adversely affect the investment atmosphere. For a nation famished of private investment in infrastructure, this is self-defeating policymaking. The NDA government would have scrapped the remorseful provisions of the Income-tax in its first Budget itself.
A report released by Abhiyan, comprising a group of activists from the food and nutrition sector, which surveyed people in May and September last year
Good news came on this year’s worst day of the market. In the December quarter, the economy has regained its lost steam caused by the
The Plastics Export Promotion Council (PLEXCONCIL) represents the exporting community in the Indian Plastics industry. The export promotion strategies evolved since 1955, the year when
With unemployment rates going through the roof, there has been a phenomenal crash in demand. In such a scenario, focusing almost solely on liquidity measures can be only as good as applying some plaster. Only time will tell, but it does make one wonder whether, without demand being stimulated, these policies will ever be enough.
The Central Bank’s framework to constrict inspection of large NBFCs is crucial for fiscal steadiness. The shift from a common line of light touch control to one that screens larger players almost as closely as it does banks is a welcome move. This could be the biggest refurbishment of the governing structure for such finance companies or shadow banks in over twenty years if executed effectively.
On the expected line SpiceJet has reported a standalone loss of Rs 56.95 crore for the December quarter against a profit of Rs 73.22 crore
SBI Research has revised its projection. Now it says the contraction forecast for the current fiscal year in GDP growth is expected to be 7%.
The Finance Ministry’s monthly report released recently states that the Indian economy is estimated to contract 7.7 percent in the current financial year, mainly due
According to a report by consulting firm HexGn, Indian startups are estimated to have received USD 10.14 billion in funding across more than 1,200 deals
