The new policy has done away with the three-year lock-in period for repatriation of investment.
Speaking to CNBC-TV18‘s Sonia Shenoy and Latha Venkatesh, Tarun Kataria, chairman, Cityspring Advisors, says the market is looking a little bit firmer and what the government and the central bank has done across the last three-four months is exactly the right thing by focusing on inflation.
New versions of the flagship database and management console to leverage Postgres to enhance performance and stability for enterprises.
Tech Mahindra is hopeful of benefitting from the weak rupee for 1-2 quarters. However, inflationary pressure will push up domestic costs and overall postive impact will be less, Vineet Nayyar, vice chairman of Tech Mahindra says.
Bond market is starting to witness some stability now, and will be keenly waiting for the currency to stabilise, says Rahul Goswami of ICICI Prudential MF.
PM Manmohan Singh has sought a report mitigating the impact of offshore rupee trade in the decline of rupee in the domestic market. This comes in a day after PM met the industry heads where he was briefed about the activities of the offshore currency trade.
Indian banks are yet to complete its journey through rough weather. Risks to the banking sector have increased marginally since December 2012 while the credit quality of commercial banks could worsen further, said the latest Financial Stability Report (FSR) issued by the Reserve Bank of India on Thursday.
The world economy should perform slightly better this year because recovering growth in Asia will gradually overpower the political and economic malaise in the West, according to Reuters polls.
In 2013, IT buyers will be looking for stability and ways to prepare for the next five years in their business cycle, says Ovum.
CNBC-TV18's managing editor Udayan Mukherjee points out that cuts in Europe jeopardised stability in the region and triggered a slide in the Indian market
Money matters but it seems job security and stability now matters even more. A recent report by staffing and HR services company Randstad on â€œToday's Youth's Employment Choices,â€ highlights, reports Mitra Joshi of CNBC-TV18.