Launched in July 2007, Franklin India High Growth Companies Fund has been ranked CRISIL Fund Rank 1 (top 10 percentile of the peer set indicating very good performance) in the Diversified Equity category under the CRISIL Mutual Fund Ranking for the
Realisation that the small-scale industries (SSI) reservation had failed to deliver on employment creation while impeding export growth led India to systematically roll back that policy beginning in 1997. While we have barely reached the tail end of the
Prime Minister Narendra Modi has vowed to end the "inspector raj" in India's factories and unveiled steps to make inspections transparent and hassle-free.
The decontrol of diesel over the weekend will have a profound effect on the oil industry value chain. It could significantly reduce the fiscal deficit and inflation.
A few days back, there was a newspaper advertisement from the Anil Agarwal Foundation seeking to appoint its vice-chairman and chief executive officer.
As they retire their old account books and open those for the new year, stockbrokers and investors will remember Samvat 2070 with affection. The year, which began in fear and uncertainty, has ended on a happy note, with optimism and capital gains.
Days before his retirement 25 years ago, E Sreedharan, member-engineering, Railway Board, had planted the idea of a coastal railway in the mind of then railways minister George Fernandes. Sreedharan's proposal was unique in two ways.
Economy-watchers will not be enthused by the signs from the first set of second-quarter (Q2, Jul-Sep 2014) corporate results for the current financial year. These suggest that demand is weak and investment has not picked up.
Fixing Wall Street's culture is on US regulators' minds. The Federal Reserve held a closed-door powwow on the subject on Monday.
Christian Clausen, president of the European Banking Federation, said regulators need to rethink an approach he warned will bury the industry under a mountain of rules with little coherence.
Samvat 2070 was a great year for top Indian conglomerates in the stock markets. Backed by a pro-reform Narendra Modi government, the market value of Adani group companies grew the most (94 per cent) — beating the benchmark Sensex by a wide margin.