Stock market volatility "may continue" for some more time due to global factors, securities market regulator SEBI Chairman Ajay Tyagi said here.
The correction will continue to take place until equity returns balance out with bond yields. That should imply a sustained downward trend in the stock markets.
Finance Secretary Hasmukh Adhia said today that while implementing GST, the government has sacrificed revenue in the hope that compliance would improve in the future.
Arun Jaitley today raised the target of beneficiaries under Ujjwala scheme to 8 crore, besides proposing lowering female employees' provident fund contribution to 8%.
India’s economy would grow at 8.5% next fiscal and the 7.5% growth projection by economists is on the “conservative side”, RK Singh said.
Subramanian has said that he ventured into the judicial domain, suggesting various reforms, notwithstanding the warnings to stay clear of the judiciary.
Elevated stock prices are a matter of concern and could correct sharply if they are not backed by growth, requiring "heightened vigilance", CEA said.
India pitched for focus on rapidly improving human capital and agricultural productivity to sustain the economic growth trajectory.
The survey also expressed concern over rising NPAs of individual housing loan portfolios of PSBs and HFCs.
Subramanian expressed hope that at least one or two states will implement the idea of universal basic income (UBI) in the next two years.
Ultratech Cement leads race to take over Binani Cement
Offers around Rs 6,200 cr, 20% stake in co to unsecured financial creditors
Dalmia Bharat offers Rs 6,300 Cr
Dalmia seen to lose as UltraTech offering equity stake to creditors
Final decision on winner to be ratified by NCLT
Business Standard Reporst
4 companies put in bids for 9 operational national highways under ‘toll-operate-transfer’ model
Brookfield Asset mgmt, Macquarie, IRB Infra and Roadis- NIIF are cos in fray
NHAI hopes to generate more than Rs 6000 cr Under TOT model
auction will involve five highways running across Andhra Pradesh and four in Gujarat
total length of these highways is just under 700 km
Successful bidder to get toll collection rights for 30 years
Ministry of Commerce recommended Central Govt Anti dumping duty on Dimethylacetamide
Recommend duty for 5 Yrs on DMAC originating from China and Turkey
Co bags Rajasthan Project
Received a LOI to construct, own, operate and maintain Fatehgarh-Bhadla transmission project in Rajasthan
Received LOI from PFC Consulting Ltd, an arm of Power Finance Corporation
With this project, ATL will strengthen its existing presence in Rajasthan with 2 operational transmission projects and 4 under construction assets
On completion of this acquisition cumulative transmission network will reach 12000 ckt kms, out of which ~9000 ckt kms under operation
Transformation capacity of ATL will also increase to 19,300 MVA from 35 substations
To be out of F&O if it does not declare quarterly results by March 1
All existing F&O contracts will expire on March 28
No fresh contracts will be available if the firm fails to submit results for quarters ended September and December 2017 by March 1