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  1. NSG_Blackcats

    Indian Economy: News and Discussion

    Indirect taxes collections register strong growth in July Indirect taxes collections posted strong growth fourth month running in July, adding to evidence that the economic recovery may be picking up pace. Indirect taxes that includes excise duty levied at factory gate, customs duty and...
  2. NSG_Blackcats

    Indian Economy: News and Discussion

    Most macro factors in place to support India story; top 12 high conviction ideas India's macro-economic indicators have improved remarkably, placing the economy and the stock markets in a much better state in the emerging markets pack to withstand external shocks. Over the last 12 months, the...
  3. NSG_Blackcats

    Indian Economy: News and Discussion

    April-June indirect tax revenue up 37.4%
  4. NSG_Blackcats

    Indian Economy: News and Discussion

    India Attracts Enough FDI to Join Global Top Ten Asia’s third-largest economy received $34 billion as FDI in 2014, according to report released Wednesday by the United Nations Conference on Trade and Development. That’s a 22% jump from the previous year, meaning India was the country that...
  5. NSG_Blackcats

    Indian Economy: News and Discussion

    $34.9 bn FDI inflows to India in FY 2015: Nomura Foreign direct investment is likely to have hit high of $34.9 billion in financial year 2015, a massive 61.6 per cent jump from $21.6 billion in the previous fiscal, according to a report by Japanese brokerage Nomura. According to the report...
  6. NSG_Blackcats

    Indian Economy: News and Discussion

    Sebi clears norms for international finance centres
  7. NSG_Blackcats

    Indian Economy: News and Discussion

    FDI doubles to $4.48 bn in January, highest in 29 months
  8. NSG_Blackcats

    Indian Economy: News and Discussion

    FDI doubles to $2.16 billion in December
  9. NSG_Blackcats

    Indian Economy: News and Discussion

    India's forex reserves scales new heights with global investors pouring dollars
  10. NSG_Blackcats

    Indian Economy: News and Discussion

    Index of Industrial Production (IIP) for the month of November-14 grew at 3.8% versus (-) 4.2% in October-14. November IIP beats estimates at 3.8%
  11. NSG_Blackcats

    Indian Economy: News and Discussion

    Cabinet okays largest ever spectrum auction, to fetch Rs 64840 crore This may help government reach its fiscal deficit target of 4.1 per cent of GDP.
  12. NSG_Blackcats

    Indian Economy: News and Discussion

    India manufacturing ends 2014 on high note as PMI hits 2-year peak
  13. NSG_Blackcats

    Indian Economy: News and Discussion

    The land can be acquired by different private companies based on the compensation mechanism in the recently passed Land act. Some of the PSUs which no longer in operation are HMT - 3000 (acres) , NTC (many are shut) - 2800 (acres) etc.
  14. NSG_Blackcats

    Indian Economy: News and Discussion

    November infrastructure output hits 5-month high of 6.7 per cent
  15. NSG_Blackcats

    Indian Economy: News and Discussion

    Government splits Chairman & MD post, names chiefs for 4 PSU banks
  16. NSG_Blackcats

    Indian Economy: News and Discussion

    I guess land owned by PSU can be acquired by private companies on market rate. This is a lot easier than acquiring land from farmers. There are many PSUs which are holding land but is no longer operational. So it might help is setting up manufacturing industry.
  17. NSG_Blackcats

    Indian Economy: News and Discussion

    Modi govt may offer surplus PSU land for new infra projects to sidestep lengthy land acquisition process
  18. NSG_Blackcats

    Indian Economy: News and Discussion

    I guess forex reserve is now at its highest level since 2011. Forex reserves rise $3.16 bn to $320 bn
  19. NSG_Blackcats

    Indian Economy: News and Discussion

    India to top global remittances with $71 billion this year
  20. NSG_Blackcats

    Indian Economy: News and Discussion

    Net FDI inflows on track to top $30 billion this fiscal: Nomura
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