March 19, 2018
Bringing revenue deficit to zero far more important than fiscal deficit: Rajiv Kumar, VC, Niti Aayog
With the budget around the corner, Niti Aayog vice-chairman Rajiv Kumar told ET that the focus of the government should be on the creation of quality jobs and giving a boost to both agriculture and exports, even if this comes at the cost of breaching the 3% fiscal deficit target. Edited excerpts: What are the…
March 19, 2018
Despite its third quarter performance falling below expectations, analysts continue to be bullish on Simplex Infrastructure because its numbers were good in absolute terms. Its net profit for the quarter grew 69% year on year and 12% quarter on quarter. Higher other income and lower tax incidence were the main factors that contributed to the…
March 19, 2018
NEW DELHI: Union Budget 2018-19 is just hours away. As you wait for Finance Minister Arun Jaitley to unveil the much-awaited financial plan for the year, here’s a look at what really made you money since the last Budget. Take a look: – Largecaps that created wealth The bulls roared on Dalal Street all through…
March 19, 2018
‘Economy turns around. India regains status of fastest-growing economy. India reclaims global top spot. India pulls ahead of China.’ The encomiums came quick and fast. And yes, data released by the Central Statistical Organisation (CSO) on February 28 does suggest the economy is out of the woods. The twin shocks of demonetisation and the goods…