The forthcoming Union Budget needs to shore up investment with forward-looking tax design. Specifically, there is a solid case for rationalising the long-term capital gains (LTCG) tax regime across asset classes such as securities and...
"Infrastructure is not growing at the rate at which it should. It’s a mixed picture. There is a slowdown in awarding of orders, both by the public sector and private sector. Payments are delayed, but we don't have any bigticket payments (that are) due," says Sunil Mathur, managing director and chief executive officer, Siemens India.
The tyre industry in India has seen its growth momentum getting arrested due to a slowdown in the sales of vehicles, which has led Cear to defer some of its planned capital investment but they still see an opportunity in export.
Broader market outperforming Nifty or Sensex will get a little wider in the course of 2020.
The country’s FMCG market is expected to stabilise and grow 9-10% in the Jan-Dec calendar year similar to the previous year, Nielsen said. Early signs of stability, macro economic policies, manufacturer action and consumer sentiment is expected to lead money in the hands of the consumer thereby fuelling consumption, the market research firm forecasted.
The real target for companies with long-term vision to be a global leader would be to build 100 GW. Within the next 10 years, we will see 100 GW companies in renewables or even in just solar. We are prepared to be one of them. India maybe contribute to half of that capacity, said Nanda in the interview with ET.
In an interview with Danish Khan, OnePlus CEO Pete Lau said the industry turmoil over India’s recent cut in export sops is a short-term hurdle for the company.
"Why are companies like Amazon and Alibaba adding extra aircraft and flying everywhere, right? If there’s a decline in international trade, I think the traditional measurements such as those of GDP are not sufficient anymore," Ken Allen said.
Obviously, people react to what it is but anticipating something that is going to happen in an election and being sensitive to that is not the typical US culture, says Gopinath.
"Many people are talking about jobs, including your paper, but I look at the jobs in the perspective of the jobs lost also. I cannot create 700,000 jobs by breaking the law, breaking every anti-competitive restriction, monopolising certain markets", said Commerce and industry minister Piyush Goyal.
CEO Salil Parekh said that the digital business would cross more than 50% of its revenue as the IT services provider wins large deals from clients investing in technology to differentiate.
Technology is making several job roles redundant and the answer to keeping oneself relevant in the job market lies in up-skilling, said Sunil Somarajan, chief human resource officer at Reliance Capital.
Issues and political ideologies will always be there. You have to see the future of the country. The youth is concerned about quality education, its affordability, jobs and a career. You have to assure students that we are creating jobs for you, giving good quality education.
"Poke Me" is a Saturday edit page feature in The Economic Times. This feature appears first every Wednesday morning on www.economictimes.com. Best comments from readers will be reproduced on the edit page of the Saturday edition of the newspaper. So be poked and fire in your comments to us right away.
Drying trends have been reported in Krishna and Kaveri and the pollution problem in the Ganga is well recognised. The future of our rivers appears bleak.
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