Startups likely to get tax benefits in Union Budget 2017
DIPP is also in the process of finalising guidelines for a credit guarantee fund scheme to increase the availability of finance for startups.
Demonetisation? Consumer stocks will lead the way in 2017: P Phani Sekhar, Karvy Stock Broking
Consumer stocks include everything starting wi...
Lendingkart expects to disburse Rs 1,600-crore loan by 2017-end
Offering customers lending rates of 16-24 percent, the company is of the view...
Bond yields slip below 8% on better market liquidity
Yield on the benchmark 10-year bond closed below 8% for the first time in two months.
Demonetisation hits disposable incomes and sales of textile goods
The impact is expected to be pronounced on the unorganised segment, which forms a large part of the domestic textile sector where cash rules.
Post 9/11, Rs 30,000 crore net increase in deposits: Ashwani Kumar, Dena Bank
“Banks whose funds are getting impounded and they have to pay interest on savings banks or FD whichever funds they have mobilised, will definitely suffer some interest loss”
Bulk of demonetisation impact to be restricted to Q3 and Q4: Aditi Nayar, ICRA
The hit to GDP growth is going to be about 40 bps. We are probably going to be in a situation where FY17 growth is not much better than what it was in FY16, said Nayar.
Investors want government to buy back bonds to ease liquidity
"We have looked at those oscillations (volatility in overnight call rates)," RBI governor Raghuram Rajan had said in the last monetary policy in August.
Bond yield tanks to lowest since May 2009 as rate cut hopes brighten
The govt has withdrawn the old series Rs 500 and Rs 1,000 notes, replacing it with a new series gradually. This is leading to higher deposit mobilisation.
need2know: Morning update on six macro triggers that may matter to you
Ratings agency Moody's has affirmed India's Baa3 rating and the positive outlook on the same, ruling out an upgrade for now.
Time to monetise financial stocks, revisit commodities: Kenneth Andrade
Financials are still growing near term but this is monetisation time. You try and extend the financial services balance sheet by 30% for five years. See what happens to it.
S&P sticks with India’s credit ratings, no upgrade for two years
S&P said the upward pressure on the credit ratings could emerge if the government reforms markedly improve India's fiscal performance.
Ritesh Jain’s what I read this week: Internet in just 14 hands and why value investing is not for India
A note probes why value investing may not consistently generate healthy returns in India unlike the west where this investment style is a proven effective.
Ritesh Jain's What I read this week: Why a 15-yr-old hedge fund shut shop & apparel to India’s rescue on jobs front
There is some interesting stuff about how India’s economic growth has coincided with a growing employment crisis, says Ritesh Jain of Tata AMC.
GST to stoke inflation in near-term, positive in longer term: Sudhir Agrawal, UTI MF
“Medium to longer term, GST is the mother of all indirect tax reforms and we should get enormous benefit from it”
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