• Associate Sponsor

Sandeep Singh


Workman/officer director posts vacant in 20 public sector lenders
Tue, Feb 20, 2018

“None of the 20 PSBs have a workman and an officer director as of now. Also, there has not been a single appointment of these directors over the last three-and-half years,” C H Venkatachalam, general secretary, All-India Bank Employees’ Association (AIBEA), said.

LIC equity holding crosses 6 lakh crore for 1st time ever as market rises
Sun, Feb 18, 2018

Even as LIC’s gains in value of portfolio is mostly on account of rise in markets (as its overall holding percentage has come down), in the quarter ended December 2017 LIC held more than 1 per cent stake in 327 companie

Fraud effect: LIC, investor in PNB, Gitanjali, loses Rs 1400 crore in three days
Sat, Feb 17, 2018

While LIC owns 13.93 per cent in PNB, 13.24 per cent in Union Bank of India and 13.17 per cent in Allahabad Bank, it also owns 2.88 per cent in Gitanjali Gems as on December 31, 2017.

Long Term Capital Gains tax nudges investors to consider shifting funds from MFs to ULIPs
Tue, Feb 13, 2018

Finance Minister Arun Jaitley had in his Budget speech announced the imposition of long term capital gains tax on equity gains of over Rs 1 lakh on transfer of shares or units of equity mutual funds.

Interview with Ashu Suyash: Fiscal slippage a worry despite push for inclusion, rural growth
Fri, Feb 09, 2018

Reducing the corporate tax rate for companies with turnover of up to Rs 250 crore should be seen a progression towards the next step: Ashu Suyash.

Govt’s Electric Vehicle push: Carmakers call for a tech-agnostic approach
Fri, Feb 09, 2018

Hybrid technology is a good intermediate step towards meeting the 2030 all-electric goal, industry says.

Tata Motors: New projects leading to significant uptick in CV demand
Thu, Feb 08, 2018

At the Auto Expo 2018, Tata Motors unveiled several new commercial vehicles (small, intermediate and large) along with their electric bus.

Interview with vice-chairman, Toyota Kirloskar Motors: ‘Charging infra crucial for EV push; hybrid best solution’
Thu, Feb 08, 2018

Stating that hybrids must be encouraged, Shekar Viswanathan, vice-chairman, Toyota Kirloskar Motors said that Toyota has requested the government to bring down the taxes on hybrid vehicles from 43 per cent to 28 per cent.

Auto Expo 2018: EVs, concepts dominate
Thu, Feb 08, 2018

This year’s expo, which kicked-off Wednesday here, the numbers on display surged 10-fold to over 50 electric and hybrid vehicles, a reflection of the government’s aggressive target to electrify all new vehicles by 2030.

Amid Market rout: DIIs pump Rs 2,862 crore into equities, counter FPI exits
Wed, Feb 07, 2018

Between Monday and Tuesday, while the FPIs sold Indian equities worth Rs 3,589 crore, the DIIs pumped in Rs 2,862 crore in the market thereby acting as a counter-balance force and reducing the impact of FPI outflow.

Why Indian investors are fretting over tax on equity gains, elections
Wed, Feb 07, 2018

Market crash and after: Rising bond yields, Fed rate hike fears give Wall Street the flu, Sensex sneezes.

Strategic disinvestment of Air India: Govt may bundle Rs 48,000 crore debt as part of the deal
Sat, Feb 03, 2018

The Union Cabinet, in June last year, granted an in-principle approval for the strategic sale of Air India and its subsidiaries and this process is being monitored by Air India-Specific Alternative Mechanism.

Day after Budget, Sensex tanks by over 800 points, Nifty below 10,900 mark
Fri, Feb 02, 2018

The rupee depreciated by another 16 paise to 64.18 against the dollar in early session at the interbank foreign exchange on Friday due to concerns over widening fiscal deficit

Union Budget 2018: 10 per cent market tax in name of helping real economy
Fri, Feb 02, 2018

On Thursday, unveiling the Union Budget, Finance Minister Arun Jaitley reinforced this political message when he announced taxation on long-term capital gains from the stock market.

FY19 revenue loss estimated at 7K crore: Corporate tax on SMEs with up to 250 crore turnover cut to 25%
Fri, Feb 02, 2018

In a big boost to the small and medium enterprises, the finance minister Arun Jaitley announced a reduction in corporate tax rate from existing 30 per cent to 25 per cent, for companies with turnover of up to Rs 250 crore.

Investments in land or building: Lock-in period for capital gains from property sale increased from 3 to 5 years
Fri, Feb 02, 2018

While capital gains on sale of land or building needs to be invested into such bonds (NHAI or REC or other bond notified by the government) within six months of the date of sale by the investor, it was allowed to be invested in bonds of up to three years earlier

Budget 2018: Arun Jaitley brings in long-term capital gains of 10 per cent; here’s why it’s spooked the market
Thu, Feb 01, 2018

Union Budget 2018: In terms of benefits for the salaried class Finance Minister Arun Jaitley announced standard deduction of Rs 40,000 allowed for transport, medical reimbursement.

Disinvestment: Government may target Rs 1 lakh crore for next fiscal
Fri, Jan 26, 2018

The Centre has met its disinvestment target for the first time ever in 2017-18.

Markets rally: Fresh foreign inflows back domestic mood
Fri, Jan 26, 2018

With equities markets world over witnessing unprecedented investment in the last one month or so, experts say stocks seem to be emerging as the most attractive asset class, especially in India, on the back of growth making a comeback.

Beyond the news: In Davos, two Prime Ministers, two contexts
Tue, Jan 23, 2018

Narendra Modi will address the World Economic Forum today, the first speech by an Indian Prime Minister in Davos since H D Deve Gowda’s in 1997. India and the world were very different places back then. What are the similarities and differences in their situations separated by over two decades?

Budget 2018-19: FM Arun Jaitley may tweak tax slabs to encourage savings
Mon, Jan 22, 2018

The change in direct tax laws are expected to bring in much needed relief to the individual tax payers as the government goes for polls in 2019.

Budget 2018-19: Capital gains tax relief, plan to change holding period to two years
Fri, Jan 19, 2018

Short-term capital gains (STCG) from sale of shares within a year are currently taxed at 15 per cent while the long term capital gains (LTCG) from sale of shares after one year are tax free.

Sudden change in govt stance on borrowing sparks relief rally
Thu, Jan 18, 2018

On December 27, govt decided to make an additional borrowing of Rs 50,000 crore; it is now reduced to Rs 20,000 crore

Interview with Kenichi Ayukawa: Partial electrification of our non-EV cars by 2030, says Maruti MD & CEO
Wed, Jan 17, 2018

Kenichi Ayukawa, MD and CEO of Maruti Suzuki India Limited, told Indian Express that the company will have to improve efficiency and technology for non-electric cars and hybrid is one solutions they are looking at.

First time in 14 months, credit to industry expands
Fri, Jan 12, 2018

According to RBI data released Thursday, gross bank credit expanded 8.3 per cent in November, and credit off-take by the industry by 1 per cent.

Fiscal deficit woes: Rising domestic participation cushions market fall
Fri, Jan 05, 2018

Deficit concerns due to declining GST collection & additional govt borrowing have not hurt the equity markets much this time as FPIs, who take this data seriously, are not the only drivers and domestic retail money has witnessed a big surge.

2017 high may be over, markets face domestic, global challenges this year
Fri, Jan 05, 2018

The performance of equity markets this calendar year will depend on a number of factors, including the trajectory of inflation.

SEBI wanted more powers to slap fine, Law Ministry said no
Tue, Jan 02, 2018

In October 2017, Sebi sent a second proposal suggesting that a “uniform procedure” be put in place for piloting all enforcement proceedings under the securities laws.

2G verdict: No officer wants to decide out of fear, says former Telecom Secy
Thu, Dec 28, 2017

Behura joined Department of Telecommunications (DoT) in Ministry of Communications & Information Technology as Secretary (Telecom) on Jan 1, 2008, almost eight months after A Raja took over as Telecom minister.

Sebi writes to FinMin, seeks amendment in Sec 5 of Act
Mon, Dec 25, 2017

Move to make Act homologous with telecom, insurance, pension provisions.

Nissan vs Tamil Nadu govt: Dispute over VAT refund; reading an investment treaty
Wed, Dec 20, 2017

A key case comes up in the Madras High Court today. On its outcome will depend the next step the Japanese auto giant takes. The Indian Express explains the dispute, and the larger issues it raises

Gujarat elections: In heavily invested state, market boom could be key today
Mon, Dec 18, 2017

As per data from the Sebi, and AMFI, Gujarat, at 54.4 lakh, has the country’s second largest population of registered investors (after Maharashtra), and is third (after Maharashtra and Delhi) in terms of investments in equity schemes of mutual funds.

Mutual Funds: Participation from small towns in equity schemes increasing
Fri, Dec 15, 2017

Among the smaller towns, there are many that have seen their share in industry AUM double over the last six years.

High inflow of retail money: Top six fund houses net 22% rise in profit in FY17
Mon, Dec 11, 2017

As of September, retail AUM stood at Rs 4.68 lakh crore or 23% of the industry AUM.

July-Sept GDP data: A tale of two manufacturing growth rates
Fri, Dec 01, 2017

Rebound in Q2 GDP growth was largely driven by manufacturing growth, which grew 7% year-on-year in last quarter.

Bankruptcy code creates a good sense of urgency in NPA resolution process: Paresh Sukthankar
Mon, Nov 27, 2017

Paresh Sukthankar also said that while the entire NPA crisis will take some time to come off, there is some concern on the agricultural loan front because of behavioural factors after many state governments announced loan waiver.