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 tanks 470 points; Nifty drops below 14,300
PTI Equity benchmark Sensex plunged 470 points on January 18, tracking losses in index majors Infosys, HDFC and ICICI Bank amid a weak trend in global markets.After a choppy session, the 30-share BSE index ended 470.40 points or 0.96% lower at 48,564.27.Similarly, the broader NSE Nifty tumbled 152.40 points or 1.06% to 14,281.30.ONGC was the top loser in the Sensex pack, shedding around 5%, followed by Sun Pharma, PowerGrid, Bajaj Finance, IndusInd Bank, Dr. Reddy’s and Maruti.On the other hand,- 4mins
Markets
Rupee falls 15 paise to 73.22 against U.S. dollar in early trade
PTI Traders said the rupee opened on a weak note against the greenback amid the dollar index reaching a near one-month high on risk aversion.- 5hrs
Industry
Excise duty collection jump 48 % this fiscal on record hike in taxes on petrol, diesel
PTI With this, the total incidence of excise duty on petrol rose to ₹ 32.98 per litre and that on diesel to ₹ 31.83 a litre.
Economy
Trump tells U.S. depts to pare procurement from China
Reuters Bid to thwart attempts to infiltrate U.S. IT networks.
Industry
K. NITYA KALYANI Vaccination, inoculation procedures are usually not covered by health insurers
Industry
Centre extends bidding deadlines for Pawan Hans disinvestment
Vikas Dhoot The government had invited expressions of interest from bidders for its 51% stake in mini-Ratna PSU Pawan Hans, with January 19 as the deadline.
Industry