Sandeep Singh

Stock Market Rebound: Local factors driving the sentiment

On Thursday, the benchmark BSE Sensex rose 1.88 per cent or 485 points to close at over six-month high of 26,366.7.

Economy News

Beyond IT/BPO, new jobs not being created: 2/3 of record FDI only in services

The challenge of job creation in India, specifically in the transition of the over half its workforce employed in agriculture, gets much tougher keeping in view the overreliance on service to drive this growth. Globally, such

Jobs and Education News

Government clearances have got faster but lack of promoter interest stalls projects

Land acquisition problems, as a reason for stalling of project implementation, have come down to under seven per cent over the last two years, down from 16 per cent in 2013-14 and 13 per cent in 2012-13.

Muted growth in rentals in Delhi-NCR in first half of 2016 News

Smart Cities, First 20: Moving towards a concrete plan

A source close to the development revealed that since the quantum of work to be done by each city is huge, the government wants to announce the names of the next set of cities in order to give them ample time to start work an

Economy News

Of 100 Smart Cities, 17 figure in the list of WHO’s most polluted

The report of high pollution levels of Indian cities comes at a time when the government has set an ambitious plan to build 100 smart cities across the country.

WHO rankings, delhi pollution, particulate matter, smart cities, air pollution, narendra modi, make in india, sonia gandhi News

India-Mauritius tax pact: What it means for investors

It is a move in line with the government’s initiatives to curb black money in the system, money laundering and tax avoidance.

Economy News

Mutual Funds: Industry paid more in salaries than aggregate profit earned in FY15

According to the data sourced from Association of Mutual Funds of India, the industry paid a total of Rs 1,832 crore in salaries for the year 2014-15 and it was 105 per cent of the total amount that the industry earned in pro

bajaj finance shares News

Residential projects: Low demand yet prices rule high

RBI Governor Raghuram Rajan has called for a cut in real estate prices in a bid to encourage homebuyers to enter the market and buy properties.

Indian economy News

NHAI, Indian Railways synergy to anchor ports push

The success of the Centre’s ambitious project to add five new ports and develop the existing ones hinges mainly on co-ordination between the National Highways Authority of India (NHAI) and the Ministry of Railways.

Economy News

Wilful defaulters list: CIBIL list has at least five politicians!

If the Kingfisher Airlines loan default case unravels the alleged nexus between bankers and businessmen, a close look into the list of wilful defaulters disclosed by Credit Information Bureau (India) Limited (CIBIL) and banks

Indian rupee vs US dollar News

Housing loans: Room for rate cuts, but banks may pass benefits gradually

A banking analyst with a leading brokerage firm said that banks are holding it in order to maintain their net interest income and the net interest margin.

Banking & Finance News

Small savings schemes: Poll-bound Bengal on top in terms of collections

With high rates in FY15, total mop-ups in post offices had seen a 19.1% rise.

savings scheme News

National Optical Fibre Network project: Fast internet, slow implementation

The Department of Telecommunications (DoT) has come down hard on RailTel for slow progress of work relating to the National Optical Fibre Network (NOFN) project, which it said holds high importance for Prime Minister Narendra

Economy News

Mutual Fund Disclosures: Investing with greater transparency

The Securities and Exchange Board of India’s (Sebi) latest move asking mutual funds to disclose the actual amount paid as commission to distributors and also to provide details of expense ratio of direct and regular plans i

Debt funds- falling interest rates News

Budget 2016: Tax on EPF; annuity push a likely windfall for insurance companies

Budget 2016: Around 3.7 crore EPF members may be fretting over the government’s proposal to tax 60 per cent of the corpus unless it is diverted into an annuity plan, but there is conspicuous cheer from one corner — life i

EPFO News

How Budget move on taxing Employees’ Provident Fund will pinch you

Budget 2016: The govt has specifically said that the contributions made in employees' provident fund until March 31, 2016 will attract no tax at the time of withdrawal. It will be only applicable on contributions made on or a

Investment tip: SIP News

Budget 2016: Rs 50,000 waiver for first-time home buyers

Budget 2016: To boost demand in the affordable housing category and provide more tax benefits to home buyers, the government proposed an additional deduction of Rs 50,000 on interest component of home loan EMI for first-time

Budget 2016 News

Budget 2016: Down to the wire, Finance Minister Arun Jaitley to meet economists

A market expert said that the meeting could be linked to a possible rise in the fiscal deficit numbers as foreign institutional investors have turned nervous over the last few trading sessions.

budget 2016, budget 2016 india, budget 2015, budget 2016, budget deficit, budget 2015, budget 2016 date, budget 2016 income tax, budget 2016 india, budget 2015-16 india, budget 2016 highlights News

Stake in PSBs: LIC holding drops as stress mounts

The market value of LIC holdings in the 23 banks declined 30 per cent from Rs 38,373 crore in December 2015 to a four-year low of Rs 26,837 crore.

psbs lending rate News

Sensex crash: ‘Stick to the course’

The BSE Sensex has witnessed a 23% fall in the past 11 months. However, experts believe that investors should stay put through this period of mayhem while new investors should look at new opportunities to enter the market

BSE Sensex, NSE Nifty News

Govt banks at risk to cover future loan losses

Punjab & Sind Bank posted the biggest decline of 35 percentage points, from 81.8 per cent to 46.8 per cent, in the provisioning coverage ratio. Andhra Bank followed with a decline of 25 percentage points.

Fake currency notes News

Budget 2016-17: Govt likely to tweak its tax holiday for start-ups

In its package for start-ups unveiled on January 16, the government had announced an array of initiatives for start-ups, including a Rs 10,000-crore fund of funds, ease of closing companies, patents and exemption from income

Economy News

Facts dispute claims by banks: write-off gallops, recovery crawls

In the last three years, public sector banks have written off Rs 1,14,000 crore as reported by The Indian Express on February 8. The Finance Ministry, RBI and SBI sent separate letters to the newspaper arguing that write-offs

Reserve Bank of India News

October-December earnings: Net sales fall, but profits rise on low input costs

Even as revival in earnings for India Inc is being termed as the factor that will lead the turnaround of stock markets going forward, the quarter ended December 2015 seems to be another quarter lost on that account.

India Inc- Hong Kong bourse News

Widening of NH-24: The highway to affordable housing

The construction of Delhi-Meerut Expressway would improve connectivity between small cities while increasing residential housing spots, say experts.

National Highway Authority of India News

Trend reversal: Housing loan disbursement by state-owned banks slows down

According to the bank-wise housing loan disbursement data for public sector banks, the home loan disbursement in the first six months of FY16 is less than half of what was disbursed in the full year in FY15.

Home loan, home financing, home loan interest rates, home loan eligibility, home renovation loans, home renovation tips, home renovation ideas india, home renovation india News

FDI relaxation in insurance: Fresh funds to unlock domestic potential

The government may have failed to clear the Goods and Services Tax Bill 2014 along with several other reforms that are still in the pipeline, but one sector that has seen a rebound in investor interest after the Centre eased

fdi News
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