Samrat Sharma

How feasible is Indian market for power-producers; new hurdle awaits solar companies

Power producing companies have a new roadblock, making the Indian market a little more unfeasible for them. Distribution companies have held back a huge sum of money from the power-producers.

Industry News

US-China trade war an opportunity to help double India’s exports

Trade tension between the US and China has the potential to open a brand new window for India. Sports goods, toys, cables, stationery, and electronic goods are some of the areas, from where the American importers are reaching

exports, FIEO, imports, trade tensions, toys, sports goods, electronics, duty, trade relation, US-China, US-India News

Is govt’s solar capacity goal too ambitious? Here’s what the latest figures say

Government has set a target of achieving 100 GW solar capacity by 2022 but have managed to reach only 29 GW till now. On top of it, the capacity addition has also come down drastically in the last two years.

Solar, Power, Energy, Capacity addition, Ministry of New and Renewable Energy, Capital Subsidy, Viability gap funding News

In these 6 states, farmer families live on less than Rs 5,000 per month

Agricultural households in Bihar, Jharkhand, West Bengal, Uttarakhand, Odisha, and Uttar Pradesh have an average monthly income of less than Rs 5,000.

Economy News

Air India’s operating loss more than all private airlines combined; 13 of 15 carriers in red

State-run national carrier Air India had an operating loss bigger than that at all the private airlines put together in the last financial year 2018-19. Meanwhile, all airlines, except for AI Express and Blue Dart Aviation, h

Airlines, Indigo, Air India, Jet Airways, SpiceJet, Operating loss, Operating revenue, Flight, MRO News

Exports fell nearly 10% but trade deficit narrower than expected

Exports from India fell by 9.7 per cent y-o-y to USD 25.01 B, whereas imports have decreased by 9.06 per cent y-o-y to USD 40.29 B in June 2019.

Trade deficit, Imports, Exports, Gold, Crude oil, Balance of trade, Electronic goods, jewellery News

Air India, MTNL among 56 sick PSUs; not making any profit at all

Air India Express Ltd., Bharat Coking Coal Ltd., BHEL Electrical Machines Ltd. and Mahanagar Telephone Nigam Ltd. (MTNL) are among the 56 sick public sector enterprises, which have their net worth in negative.

CPSE, PSU, Loss-making, Sick enterprises, Rajya Sabha, Public Sector Enterprises, Net worth, loss, Air India News

China sneezes, India catches cold; Dragon’s slowest march in 27 years is a real cause of worry

The Chinese economy grew by just 6.2 per cent on-year in the quarter to June, with the rate of GDP growth slowing to the lowest in the last 27 years, ie, since the first quarter of 1992.

China, Economy, India, GDP growth, Imports, Exports, Trade, Trade war, Dispute, Investments, Off balance sheet News

WPI cheer continues; wholesale inflation falls to lowest in two years

Wholesale price index (WPI) inflation rate fell to a 23-month low at 2.02 per cent in June 2019. WPI inflation rate was at 2.45 per cent in the previous month and the market expectation was 2.35 per cent.

WPI, Wholesale price, Inflation rate, CPI, Market prices, Manufacturing, Fuel, Food, Non-food News

Weakening Economy: Steep fall in new projects; RBI reveals consumption, expenditure worries

New projects such as petrochemical complexes, solar plants, roads, etc have taken a sharp dip in the first quarter of the current financial year. The value of new projects in Q1 FY20 fell to just Rs 47,000 crore from Rs 2.36

New projects, Completed projects, Infrastructure, Industry, PFCE, GFCF, Economy, GDP, Consumption, Expenditure News

Retail inflation hits 8-month high, industrial output growth falls; double trouble for economy continues

At 3.18 per cent, the inflation rate in India has touched a 8-month high in June 2019. CPI inflation rate in May was 3.05 per cent and it was 4.92 per cent in June 2018.

IIP, CPI, Industrial production, Consumer durable, non-consumer durable, manufacturing, mining, food prices News

Thousands of digital payment frauds putting Modi’s ‘digital India’ dream at risk?

Digital payments revolution in India is hard to miss, with the transaction value ballooning a whopping 3,000 times to Rs 1,638 lakh crore in just 15 years, but constantly nagging frauds threaten to become the Achilles heel fo

Digital transactions, UPI, RTGS, NEFT, PPI, Digital payments fraud, Digital India, Cybersecurity, Bank fraud News

Sensex PE hits 20-year high; stock markets headed for a severe correction? Here’s what to do now

As the PE ratio of Sensex soars to a 20-year high indicating extreme overvaluation, experts say that a stock market correction is in the offing, as such levels are unsustainable.

Sensex, Sensex today, Sensex share, Sensex news, Tata Steel, NTPC , Bajaj Auto, HDFC Bank, Axis Bank, Hero MotoCorp, PowerGrid, Tata Motors, SBI, Yes Bank, Bharti Airtel, Maruti, HCL Tech, HUL, RIL News

Double whammy may continue for economy as inflation inches up, industrial output falls flat

Retail inflation in India is likely to have risen for the month of June, continuing its constant four-month rising streak since February, potentially increasing your monthly household budget.

Economy News

Mumbai least, Bhubaneswar most affordable city; check what RBI’s latest residential survey says

The housing affordability worsened over the past four years, even as banks have become increasingly risk intolerant, the Reserve Bank of India (RBI) said in its latest quarterly residential asset price monitoring survey relea

Union Budget 2019 India, Budget 2019-20 News

Sitharaman draws Budget evidence to show how agri is Modi 2.0 govt’s top priority

Finance Minister Nirmala Sitharaman has brought the development of agriculture sector up on the government's priority list by almost doubling the spending in the current financial year.

Economy News

Budget 2019: Why India’s super-rich are being asked to pay more tax, Sitharaman tells Parliament

Union Budget 2019 India: Finance Minister Nirmala Sitharaman sought to apply a soothing balm over the tax wounds inflicted upon India’s super-rich in her maiden Union Budget.

Budget 2019, budget, startups,budget highlights, budget 2019 date, budget 2019 PDF, budget 2019 highlights, budget 2019 income tax, budget highlights 2019 india News