India passing through fast formalisation of economy, says Arun Jaitley

India passing through fast formalisation of economy, says Arun Jaitley

Finance minister Arun Jaitley on Friday said India is at present passing through a stage that will in future be recognised as a phase of fast formalisation of the economy. Speaking at a State Bank of India (SBI) event here,...
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What L&T’s Q1 result tells us about state of investment demand in Indian economy

What L&T’s Q1 result tells us about state of investment demand in Indian economy

As India’s largest infrastructure and engineering conglomerate, Larsen & Toubro Ltd is proxy for the state of investment demand. The company’s June quarter’s media release on its performance has many takeaways. Fresh order intake fell 11% to Rs26,400...
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India’s economy set to reclaim top spot for growth this year, shows Reuters poll

India’s economy set to reclaim top spot for growth this year, shows Reuters poll

India will reclaim its position as the fastest growing major global economy this year, partly propelled by benefits from a new tax system and bolstered by an expected central bank interest rate cut, a Reuters poll showed. Having been in...
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Ahead Of GST Launch, Economy Rides On Consumer Spending Revival

Ahead Of GST Launch, Economy Rides On Consumer Spending Revival

Gurugram: Kaveri Shukla and her fiance are on a shopping spree ahead of their wedding next month. In just one week, the couple has bought home appliances ranging from a rice cooker to a refrigerator and is purchasing a new...
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GST impact on corporates, economy, real estate and markets

GST impact on corporates, economy, real estate and markets

Implementation of the goods and services tax (GST) bill is a now one more step closer to reality, as the government unveiled the taxation rates / slabs for a host of products and services last week. Here is how leading...
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Fed Expected To Raise Rates As US Economy Flexes Muscle

Fed Expected To Raise Rates As US Economy Flexes Muscle

The Federal Reserve is expected to raise interest rates for the second time in three months on Wednesday, encouraged by strong monthly job gains and confidence that inflation is finally rising to its target. A rate hike at the conclusion...
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