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 turn choppy in volatile trade
PTI Equity benchmarks Sensex and Nifty opened on a choppy note on Wednesday tracking losses in financial stocks amid mixed cues from global markets as investors turned cautious after the first US presidential debate. After opening in the positive territory, the 30-share index turned volatile and was trading 49.01 points or 0.13% lower at 37,924.21, and the NSE Nifty slipped 1.45 points or 0.01% to 11,220.95. IndusInd Bank was the top loser in the Sensex pack, shedding around 2%, followed by ICICI- 2hrs
Markets
Rupee opens on flat note against US dollar
PTI The rupee opened on a flat note and was trading in a narrow range against the US dollar in opening session on Wednesday, as investors were cautious after the first US Presidential debate. At the interbank forex market, the domestic unit opened at 73.81 against the US dollar, then gained ground and touched 73.79 against the American currency. In volatile trade, the local unit also touched 73.86. Rupee was later trading at 73.77 against the greenback, amid selling seen in domestic equity market.- 2hrs
Economy
Stimulus inadequate, could have done more: Abhijit Banerjee
PTI ‘Economy among worst-hit, may revive in July-Sept.’
Industry
Cairn seeks $1.4 bn from Centre due to losses from tax demand
PTI International tribunal in the process of drafting award, says the U.K. oil explorer
Industry
Jio flags spectrum auction delay
Special Correspondent Spectrum worth ₹3.92 lakh cr. lying unused, telco tells DoT