In a major fillip to the infrastructure sector the government has increased the total budgetary outlays and the capital expenditure for the public sector companies by almost Rs 1 lakh
The government is keen to get the insurance (laws) amendment bill passed in the ongoing winter session of Parliament. Several parties such as the Trinamool Congress Janata Dal-United
- Oct12By Falaknaaz Syed
Domestic lenders are likely to post a healthy set of numbers for the September quarter on a year-on-year basis, thanks to a lower base in the year-ago quarter, but earnings
The pharma industry in India heaved a sigh of relief when the government decided to withdraw a special power that had earlier allowed the National Pharma Pricing Authority to slash
Amid continuing difficulties in airline space to generate profits and raise funds, independent auditors of at least two Indian carriers have raised red-flags over their 'going concern' status claims.
The Union budget left the pharma industry slightly disappointed as no specific measures were taken for drug manufacturers. What further upset them the other week was the price cap
There is a glimmer of hope for the power sector, riled by effects of slowdown and manipulated demand de-growth — provided the sector adopts latest technologies, such as smart grids
The Narendra Modi government is unlikely to rescind the existing policy of allowing up to 51 per cent foreign direct investment in multibrand retail, as this would send wrong signals to foreign investors.
Private sector oil refiners Reliance Industries and Essar Oil will continue to prosper from higher refining margins owing to the price differentials between the light and heavy crude oil.
Weak consumer demand, sustained volume weakness, downward margin pressures due to soaring input cost, higher advertisement expenditure and continued moderation in rural spends are taking a heavy toll on FMCG