Parkeh has said the economy has bottomed out and that he sees the beginning of private investment coming in going forward.
Mamata Banerjee said that the $1.8 billion Punjab National Bank fraud was fuelled during demonetisation and demanded the unearthing of the "full truth" behind the scam.
The restaurant industry in Mumbai and Bengaluru feels the impact of GST has been largely positive, but lack of clarity on regulations remains a major hurdle.
The industry now has to face the impact of increase in the import duty from 10 to 20%, Mazumder said.
The economy will accelerate to 7.5 percent in FY19 and there is a slim chance of the much- feared rate hike by the central bank in the near-term as inflation risks abate.
Duvvuri Subbarao said Jaitley decision to relax on fiscal consolidation to give himself more room to spend is a questionable, and by far the most disappointing decision.
Altogether Fake Indian Currency Notes of face value 21.54 cr was seized by security agencies after demonetisation of Rs 1,000 and Rs 500 notes, the LS was informed.
The correction will continue to take place until equity returns balance out with bond yields. That should imply a sustained downward trend in the stock markets.
The govt's move to increase expenditure on food processing, infra, health and rural economy will generate more demand for FMCG sector, said industry.
Twitter India recorded over 14 lakh budget-related conversations in the past week with healthcare being the most talked about topic followed by demonetisation.
To Issue Rs 8800 Cr worth equity shares on preferential basis to GoI
SBI puts Rs 1935 Cr worth loans up for sale to 24 entities
Seeks bids on cash basis or a mix of cash and security receipts
Approves Issue Price At Rs 300.82/Share For Preferential Issue To Govt
Financial Express Reports
POWER GRID CORP
Emerges as lowest bidder for Rs 1000 cr project
To set up Vindhychaal-Varanasi 765 KV transmission line
Financial Express Reports
Arm To Buy 65% Stake In Indian Film Combine Pvt For Rs 1,105 Cr
Arm To Also Buy 20% Of Indian Film Combine From Xander Group Arm, 45% from Co's Promoter Group
Announces successful regulatory inspection from USFDA for API Facility for Hyderabad Facility
AVIATION IN FOCUS
Jan Domestic Air Passenger Traffic At 1.15 Cr, Up 19.7% YoY
Air India Jan Passenger Load Factor At 84.6% vs 81.8% MoM
Jet Airways Jan Passenger Load Factor At 88.7% vs 88.5% MoM
IndiGo Jan Passenger Load Factor At 89.7% vs 90.8% MoM
SpiceJet Jan Passenger Load Factor At 95.0% vs 95.6% MoM
Air India Jan Market Share At 13.3% vs 13.1% MoM
Jet Airways Jan Market Share At 14.3% vs 14.6% MoM
IndiGo Jan Market Share At 39.7% vs 39.4% MoM
SpiceJet Jan Market Share At 12.6% vs 12.7% MoM