Articles by Himadri Ghosh

How Budget 2018 will stir Indian stock market?

Sensex appreciated over 6.5 percent since the start of the calendar year, while Nifty gained over 6 percent.

Jan 25, 2018

Disturbing trend: ILO warns 77% of Indian workers will face employment vulnerability by 2019, higher than world level

ILO's World Employment and Social Outlook report stated that India's vulnerable employment level is much higher than those of the world or the South Asia region.

Jan 24, 2018

ONGC set to acquire 51.1% stake in HPCL, likely to help govt achieve Rs 72,500 cr disinvestment target

According to the deal agreement, ONGC will pay the government Rs 473.97 for each share, a premium of over 10 percent of the 60-days' HPCL average share price.

Jan 21, 2018

Nandan Nilekani advises GST council to solve input tax credit woes

According to the high profile technocrat's suggestion, it is the seller who should upload the invoice to the network and buyer will acknowledge it.

Jan 19, 2018

Markets celebrate as govt cuts borrowing, Sensex hits record high of 35,450

Indian market rally is being led by a surge in banking heavyweights like ICICI Bank, State Bank of India (SBI) and HDFC Bank.

Jan 18, 2018

GST Council likely to slash rates for 70 items before Budget 2018

The official said that the council is likely to prune rate for agriculture implements, a move to boost agricultural sector, which is reeling under pressure.

Jan 17, 2018

How Trai's new decision will benefit Reliance Jio but severely affect Airtel, Idea, Vodafone

Last year September, Trai had cut interconnection usage charges (IUC) levied by telecom firms by 57 percent to 6 paise per minute from 14 paise.

Jan 16, 2018

UIDAI now authorises face recognition for Aadhaar authentication

This move will ensure easy authentication for individuals who face difficulty in other biometric authentications such as fingerprint and iris scan.

Jan 15, 2018

Budget 2018: Agriculture sector top priority, says Arun Jaitley

"Among the priority areas, the agriculture sector is on top. Ensuring the benefits reaches the agri-sector and growth is visible — this is among the priority areas for us," said Jaitley.

Jan 15, 2018

Air India privatisation: Government considers absorbing employees in other PSUs

"Various options are under consideration to protect the interests of the employees," said Civil Aviation secretary R N Choubey.

Jan 14, 2018

IDFC Bank to merge with Capital First: V Vaidyanathan to head the new entity

Further, as per the agreement, IDFC Bank will issue 139 shares for every 10 shares of Capital First.

Jan 14, 2018

Reliance Jio likely to launch its own cryptocurrency 'JioCoin'

Reliance Industries chairman, Mukesh Ambani's elder son Akash Ambani, will be leading the JioCoin project.

Jan 12, 2018

Economists in pre-Budget meeting tell PM Modi to focus on jobs, agriculture and fiscal consolidation

On the agricultural front, the experts suggested the government to create more jobs in rural areas change the crop geometry, and improve linkage of farmers with markets.

Jan 11, 2018

Paytm forays into investment business, plans to invest $10 million

Paytm has plans to launch money market fund in future, just like Alibaba's Yu'e Bao Fund.

Jan 10, 2018

Higher direct tax collection could give government some breather amid fiscal worries

Less growth in the gross domestic product than estimated in the Budget is putting in more pressure on the fiscal target.

Jan 9, 2018

Budget 2018: Govt's 'plan' to extend short-term capital gains tax to 3 years may affect your investment goals

The move is aimed at bringing the tax of equities on par with some other asset classes.

Jan 9, 2018

Will Modi govt bring back LTCG tax on equity returns in Budget 2018?

Market participants believe that if the government bring in long-term capital gains tax on equity investments, it would negatively impact the investors.

Jan 8, 2018

Sensex all-time high, Nifty breaches 10,600 despite tepid GDP forecast

Nifty 50 index crossed the 10,600 level for the first time, propelled by the gains in pharma and banking stocks, while Sensex is hovering around 34,355 levels.

Jan 8, 2018

Don't privatise Air India, give 5 years turnaround time: Parliamentary committee

The parliamentary committee, after hearing the views of all stakeholders said, "Air India should be given a chance for at least five years to revive themselves."

Jan 7, 2018

Why airfares won't go down, Civil Aviation Ministry explains

A report was tabled in Lok Sabha which suggests an upper limit for airfares and recommends not to levy more than 50 percent of the base fare for ticket cancellation.

Jan 7, 2018