India is on the track to become a innovation powerhouse, driven on the back of government programs. Here are the challenges and the opportunities that exist.
Posts tagged MC
Raising India’s Innovation Quotient (03-12-2015)
The final journey to euro-dollar parity may start today (03-12-2015)
Analysts expect ECB chief Mario Draghi to extend the central bank’s quantitative easing programme, probably announce another euro 10 billion of additional asset purchases each month, as well as cut deposit rates.
Sensex down 231pts on Fed rate hike fears, Nifty below 7900 (03-12-2015)
The broader markets outperformed benchmarks, though indices ended marginally lower.
OPEC rift is prelude to Iran market return (03-12-2015)
Oil plunged nearly 5 percent Wednesday, with West Texas Intermediate futures settling at s six-year low of USD 39.94 per barrel, on growing US supply and a variety of competing comments from OPEC members, both for and against production cuts.
India to grow at 7.4% this fiscal, says SP (03-12-2015)
SP in its ‘India Credit Spotlight’ newsletter noted that significant reforms are required with Indian corporates and banks currently facing a weak operating environment. Indian economy grew at 7.3 percent in last fiscal.
CEA report on GST rate may be submitted on Friday (03-12-2015)
The CEA panel may also recommend concessional, lower, standard and higher GST rates. Sources suggest cigarettes, luxury cars and beverages may have a higher GST rate. Precious metals on the other hand may be taxed at a concessional GST rate.
Amtek Auto up 15%, asset sale gathers steam; 2 cos in race (03-12-2015)
Sources said Amtek Auto is looking to divest stake in various domestic businesses include health wellness and food real estate. This divestment is a part of Amtek Auto’s plan to raise Rs 7,000 crore over 12-18 months.
Nifty hovers around 7900; Lupin down, HDFC Bank rebounds (03-12-2015)
Lupin dropped 2 percent on profit booking while HDFC Bank rebounded with marginal gains.
Sensex slips over 200pts, Nifty ends lower; BHEL, ONGC down (03-12-2015)
Lupin dropped 2 percent on profit booking while HDFC Bank rebounded with marginal gains.
Bond yield may touch 7.60% over next month: Nomura India (03-12-2015)
Vivek Rajpal, rates strategist at Nomura India says, there is likely to be additional OMO of Rs 30000 crore this fiscal