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It is true that there is an increase in carbon emission by India and China due to homegrown consumption and lack of infrastructure. But let#39;s keep in mind that India#39;s carbon emissions per capita are still 10 times lower and China#39;s is half of that compared to the US.
This is the biggest ever single day sale for Bangalore-based Flipkart, since the time the company started in 2007.
“Allowing imports of cement from Pakistan, therefore, carried with it the additional risk in that it provides an effective cover for smuggling of contraband goods and harmful weapons and ammunition concealed in cement bags which comes in rakes and trucks, in the hands of disruptionist elements,” he said.
The government has readied plans for a major change in Indiaâ€™s tax administration structure, including overhauling the Central Board of Excise and Customs (CBEC) to ensure a glitch-free roll-out of a nation-wide goods and services tax (GST).
Asian Paints, SBI, Tata Motors, HUL and Maruti Suzuki are top gainers while ONGC, Axis Bank, MM, Bajaj Auto and Hero MotoCorp are major losers in the Sensex.
But along with that the employment growth rates have started to dip, NV ‘Tiger’ Tyagarajan says. The percentage addition of employees in India will not be same as past. And due to advancements, a workforce with higher skill sets is required for the IT industry, he says.
The benchmark 10-year government-security yield remained stuck in 8-7.5 percent range through all of 2015 and half of 2016, moving lower to sub-7 percent only when the RBI promised in April to reduce the system’s liquidity deficit. The yield may now fall more.
Credit Suisse’ Neelkanth Mishra expects repo rate to fall to a decade low in the coming quarters. He says that beginning December the market may see a robust and widespread pick-up which may boost indices.
The Aurangabad-based company aims to mop up nearly Rs 1,162 crore (at higher end of price band) by diluting 17.5 percent stake through the issue that will close on October 7. It already raised Rs 348.52 crore through anchor investors’ portion on Tuesday, the day before issue opening.