Even as the Reserve Bank of India (RBI) kept key rates – the repo rate, reverse repo rate and the cash reserve ratio (CRR) – unchanged at its Fifth Bi-monthly Monetary Policy review on Tuesday, inflation continued to remain one of the key
Union Minister for Road Transport, Highways and Shipping Nitin Gadkari has reiterated his threat of allowing imports from China if cement producers do not bring down their prices. He may have a point given gravity-defying cement prices.
“India is the only country in the world which is trying to become a global economic power with an uneducated and unhealthy labor force,&" says Amartya Sen in a recent discussion at the London School of Economics.
Sun Pharmaceutical has shed 40 per cent of its market capitalisation from its 52-week high of Rs 1,200.70 a share this April.
Other than interest rate movements, fixed income investments face a threat from inflation, as high inflation means lower returns. This is why investors are always advised to include instruments that can beat inflation over a longer period of time.
With fixed-income returns bettering those of stocks this year, balanced funds offered by mutual fund (MF) houses are gaining traction among investors.
I was in Beijing last month when the Chinese government released a preliminary summary of its 13th Five-Year Plan. This is an important document for understanding where China is headed in the 2016-2020 period.
Last week Google celebrated the 94th birthday of Verghese Kurien with a special doodle, which had him sitting on a stool next to a buffalo holding a container used to deliver milk.
The quarterly estimates of gross domestic product (GDP) for the July-September period were published on Monday.
It is unfortunate that an initiative considered to be the biggest tax reform since 1991 has been allowed to be a victim of politics for the last many years. The blame for this should rest not just on the Congress but also on the Bharatiya Janata Party.
China has never been an easy market for foreign banks, but those that fought their way into the People's Republic are now feeling the pain.