PARLEY |
Comment
Parley: Does the Budget do enough in providing a stimulus to growth?
Suresh Seshadri By not cutting spending despite constraints, the Budget ensures momentum doesn’t backslide
Comment
A government that is clueless on the economy
Pulapre Balakrishnan Listening to the Budget speech, one would hardly get any indication of either the economic slowdown or the unemployment rate, which is the highest in decades
Comment
A Budget exercise that is designed for stressed times
T.T. Ram Mohan The FM deserves credit for keeping the capital expenditure steady amid receipts shortfall; but her plan does not meet market expectations of sweeping reforms
Markets
Sensex tumbles 549 points; Nifty drops below 14,450
PTI Tech Mahindra was the top loser in the Sensex pack.
Markets
Rupee slips 3 paise to settle at 73.07 against US dollar
PTI The rupee snapped its three-session winning streak and settled for the day 3 paise lower at 73.07 (provisional) against the American currency on Friday, tracking weaker Asian peers and heavy selloffs in domestic equities. At the interbank forex market, the rupee opened at 73.07 and hit an intra-day high of 72.99 and a low of 73.15. It finally finished at 73.07, lower by 3 paise over its last close. On Thursday, the rupee had settled at 73.04 against the American currency. The dollar index,
Economy
The Hindu Explains | What has the RBI cautioned against in its latest Financial Stability Report?
Suresh Seshadri What prompted the RBI Governor’s warning? Why is the RBI concerned?
Economy
Trump tells U.S. depts to pare procurement from China
Reuters Bid to thwart attempts to infiltrate U.S. IT networks.
Industry
‘Retail inventory has piled up’
N Anand Incentivise creation of jobs, MD of Clarks India urges govt.
Industry
Lenders back Piramal’s bid for DHFL
PTI Piramal Enterprises’ bid received 94% votes as compared to 45% for the U.S.-based Oaktree Capital.