Good Monsoon

Govt sees record foodgrain output at 271.98 mt for 2016-17

India's foodgrain output is likely to hit a record 271.98 million tonnes in the 2016-17 crop year ending June, buoyed by good monsoon after two years of drought.

Rallis Q3 net up 30% to Rs 25 crore on monsoon, higher acreage

Tata Group company Rallis India today reported over 30 percent growth in net profit at Rs 25.34 crore in the third quarter ended December 31 compared to the same period last year due to good monsoon and higher acreage.

Farm growth in 2016-17 to be much better than last few years

The growth in agriculture and allied sectors will be higher during this fiscal as the country is likely to harvest bumper crop buoyed by good rains, Agriculture Minister Radha Mohan Singh said today.

Note ban, lower inflation make good case for rate cut: KV Kamath

Lower Inflation, good monsoon and demonetisation are may lead to a one percent rate cut going ahead, according to KV Kamath, Chairman of the New Development Bank. He added that he expects the cut in another 3-6 months.

Bullish consumption theme; fully invested in market: Mirae MF

Gopal Agrawal, Chief Investment Officer at Mirae Mutual Fund is positive on the consumption theme and plans to hold on to the consumer stocks in his portfolios as they are expected to perform well going ahead.

Pay hikes may not aid urban demand revival in H2FY17: UBS survey

Central Pay Commission (CPC) may not aid an urban demand recovery in second half of FY17 as widely anticipated says a UBS Evidence Lab's report put together by Head of India Research Gautam Chhaochharia and Analyst Sanjena Dadawala.

Festive Pulse Meter: Glimpse of pre-festive demand for jewellery

Onam is here and so are the offersÂ andÂ consumers all over are busy lapping up offers on gold and diamond jewellery. CNBC-TV18‘s Priya Sheth is here to give a status check on the pre-festive mood in the jewellery segment.

Get ready for higher price earning multiples, new highs

The markets made an effort Thursday to follow an old adage on Dalal Street â€“â€˜Buy the rumour Sell the fact‘ when the GST Bill was passed in Rajya Sabha, but it failed as the benchmark clawed into the green and triggered a massive short covering on Friday that marked the highest closing this year.

More focus on exports and home textile segment: Sutlej Textiles

In an interview with CNBC-TV18, Dilip Ghorawat, Wholetime Director and CFO of Sutlej Textiles said that the company is focusing more on exports and home textile segment and has seen exports increase by 30 percent sequentially.

Auto, FMCG, consumer durables to benefit from GST: SBICap

Mahantesh Sabarad of SBICap Securities believes various sectors will be impacted by the rate of Goods and Services Tax (GST), expected to be around 18 percent.

Good monsoon likely to raise tractor demand : Sonalika

"The situation has started improving because this year we are having good rainfall. We are expecting a growth of 10 percent, said Sonalika's sales and marketing president R K Singh.

FY17 to be 'watershed' year of double-digit earnings: Envision

In an interview with CNBC-TV18, Nilesh Shah along with S Ramesh of Kotak Investment Banking shared their views on factors that are supporting market momentum and what is to be expected going forward.

International report card: Impact GST has had on global peers

With more than 160 countries having a GST-like regimeâ€”tax rates ranging from 5 percent to 27 percentâ€”the taxation scheme has become popular with governments across the globe because it reduces collection costs and eases complications involved in administering.

Kharif sowing picks up; area under paddy up 6%, pulses 26%

Sowing of paddy, the main kharif crop, has gained momentum on account of good monsoon and total acreage under this crop has gone up by 6 percent to 81.93 lakh hectares so far this year, according to the Agriculture Ministry

Hyundai sales up 1.9% at 53,516 units in May

Hyundai Motor India reported 1.9 percent increase in total sales at 53,516 units in May

Expect earnings cycle to improve in H2 FY17: Kotak Mahindra AMC

Good monsoon, as forecast, will be key to significant improvement in earnings cycle, Nitin Jain, Principle Fund Manager at Kotak Mahindra AMC, told CNBC TV-18.

India to see double-digit growth on GST, good monsoon:Adi Godrej

Recent revisions made in the Mauritius treaty are not going to be a deterrent and would bring clarity in General Anti-Avoidance Rules (GAAR), says Adi Godrej, Chairman of Godrej Group.

India can grow faster on back of global upturn, good monsoon: FM

The Minister said that while the global economies were faltering between - 2 to 2 percent and projections were being lowered, India is recording a growth rate of 7.5 to 7.6 percent despite obstructionist global environment and "we can do still better."

See HUL FY17 better than'16; target price still Rs 800: Religare

Religare Capital Market does not estimate FY17 to be as bad as FY16 for HUL. The house, he said is building in a 12 percent growth for HUL for FY17, said Varun Lohchab.

RBI likely to go for 25 basis points rate cut on Aug 9: BofA-ML

According to the global financial services major Bank of America Merrill Lynch (BofA-ML), a further easing of 25 bps is likely as CPI inflation came in at a below-expected 4.8 percent for March, and February IIP grew an anemic 2 percent.

Does mild jump in GDP suggest economy is turning?

Both Arvind Panagariya, Professor of Economics at Columbia University and Subir Gokarn, Director of Research at Brookings India seem to be happy with the way things are shaping up for the Indian economy, but Gokarn is worried that idle capacity in India is not just because of lack of demand but also because of lack of complementary capacities.