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, Nifty start on cautious note, HCL Tech rallies over 4%
PTI Equity benchmarks Sensex and Nifty opened on a cautious note on Monday amid lack of directional cues from global and domestic markets. The 30-share BSE index was trading 38.84 points or 0.10% higher at 38,884.66; while the NSE Nifty rose 10.30 points or 0.09% to 11,515.25. HCL Tech was the top gainer in the Sensex pack, rising around 4%, followed by Infosys, Tech Mahindra, TCS, Kotak Bank, M&M and Asian Paints. HCL Technologies on Monday said it will acquire Australian IT solutions firm
Markets
Rupee settles 21 paise higher at 73.45 against US dollar
PTI During the session, the domestic unit witnessed an intra-day high of 73.15.
Economy
Pre-filled GST Return form soon, says GST Network CEO
PTI The body has already started providing tax liability data based on sales return GSTR-1 of the taxpayer to be used in his tax payment form GSTR-3B in pdf form.
Economy
External debt increases almost 3% to $559 billion at March-end
PTI Private sector debt rises 4.2% to $457.7 bn, four times sovereign debt of $100.9 bn
Business
IT services industry has stabilised: Rishad Premji
Special Correspondent ‘Firms want help for shift to digital’
Industry
Banks not risk averse: SBI chief
PTI ‘Lenders being prudent amid muted demand to avoid repeat of post-2008 scenario’