Power demand down 6% after note ban
Uploading Date : 27-12-2016With industrial activity slowing and an acute cash crunch in the aftermath of demonetisation, power demand is set to come down drastically. According to experts tracking the sector, peak power demand is down six per cent between September and November 2016........
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India now needs lower level of taxation: Arun Jaitley
Uploading Date : 26-12-2016Finance Minister Arun Jaitley on Monday said that India now needs to move to a lower level of taxation to be globally competitive. "What you need is lower level of taxation, to provide services more competitive in nature. Competition is not domestic, it is global. This is one important change you will witness while you will be in service," Jaitley said..........
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SBI, other banks may cut lending rates in new year
Uploading Date : 26-12-2016State Bank of India, the country's largest lender, and a few other banks are expected to announce a cut in lending rates effective early January, said people with knowledge of the matter..........
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Consumer goods industry sales hit on liquidity woes
Uploading Date : 24-12-2016The fast moving consumer goods industry saw a slowdown of 1-1.5 per cent led by the fall in consumer sales and retailer purchases from trade, said a recent Nielsen report on the impact of demonetisation of higher value currency notes......
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Govt gives three-year fund approval for urban mission
Uploading Date : 24-12-2016The Centre has decided to junk annual approvals for action plans under the Atal Mission for Rejuvenation and Urban Transformation, better known as AMRUT, and given the go-ahead for plans scheduled for the remaining three years of the five-year scheme in one go........
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71% voted in favour of Nusli Wadia's ouster from Tata Motors
Uploading Date : 23-12-2016Little over 71 per cent of the total votes polled on Thursday were in favour of the resolution to remove Nusli Wadia as an independent director from the board of Tata Motors, India's largest automotive company............
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India may not meet 2020 export target; policy review ahead
Uploading Date : 23-12-2016The government is set to review its ambitious plan to achieve goods and services exports of $900 billion by 2020 as it becomes evident that the target is likely to be missed, given the current global scenario..........
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Looking for multibaggers? Consider these stocks from five different sectors
Uploading Date : 22-12-2016Finding stocks that can give you multi-fold returns over time from an universe of over 5,000 listed entities is no child play. These stocks are generally called multibaggers and can outpace the broader market by a huge margin........
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