financetom
Economy
financetom
/
Economy
/
A week in review: Here are the top stories from this week
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
A week in review: Here are the top stories from this week
Jul 5, 2019 11:16 PM

A look back at some of our biggest and best stories from this week. In case you missed them, here's a recap:

Share Market Live

NSE

1. Nirmala Sitharaman Interview: Finance minister says Budget 2019 to kick-start virtuous cycle of investment

The Union Budget for the fiscal year 2019-2020 will kick-start the virtuous cycle of investments, said Finance minister Niramala Sitharaman in an exclusive interview with CNBC-TV18.

2. With Air India divestment on the cards, government may further liberalise FDI in aviation

In the background of Air India divestment on the cards, the government on Friday said it will look at further liberalising the foreign direct investment (FDI) norms in aviation.

3. Union Budget 2019: How the budget proposals will affect your personal finance

Presenting her first budget, Union Finance Minister Nirmala Sitharaman increased the tax on the super-rich and announced incentives for those wanting to buy an affordable house or an electric vehicle. The overall tax on petrol and diesel and gold is increased.

4. Union Budget 2019: 'Study in India', says Nirmala Sitharaman; allocates Rs 400 crore for education

The Modi government wants India to turn into a hub of higher education for students from abroad. In her maiden Budget speech, finance minister Nirmala Sitharaman announced the ‘Study in India’ initiative, to boost the country’s status as an academic destination.

5. What Budget 2019 did not have for startups

While the angel tax issue was largely resolved in Budget 2019, other important issues largely remained unaddressed by the Finance Minister, according to industry experts.

6. Economic Survey 2019: India needs savings from abroad to trigger investment, says CEA Krishnamurthy Subramanian

In an exclusive interview to CNBC-TV18, Subramanian said corporates should tap more into external commercial borrowings as this is a tangible step to push private investment and lower fiscal deficit and will bring down India’s interest cost in market borrowings.

7. Union Budget 2019: How finance minister Nirmala Sitharaman walked the fiscal tightrope

Finance minister Nirmala Sitharaman has walked a tight-rope well in her first budget. She has created room for bank recapitalisation and offered a window to NBFCs besides increasing the total budgeted capital expenditure versus the interim budget and still managed to achieve fiscal discipline.

8. Rahul’s resignation: What next for Gandhi family scion and his party

Rahul Gandhi broke free of the Indian National Congress neck lock and put out an open letter resigning as Congress president. His Twitter bio changed to reflect his new status - member of the Indian National Congress. He wrote in his letter: “As President of the Congress Party, I am responsible for the loss of the 2019 elections. Accountability is critical for the future growth of our party."

And, accountability is the question that the Grand Old Party needs to debate.

9. Matrimony.com to dial down on wedding services, grow match-making business

Several months after making a big-bang foray into the wedding services space, online matchmaker Matrimony.com has told CNBC-TV18 that it is still working on “getting the business model” right before it begins scaling up its wedding services.

10. Shares of this stockbroking firm has jumped 1,000% in last 3 years, do you own it?

This stock, in the last three years, has jumped nearly 1,020 percent. An investment of Rs 1 lakh in the stock three years back would have grown to about Rs 11.20 lakh today.

Click here to find out.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Federal Reserve Watch for Oct. 4: Goolsbee Praises September Employment Data Though Says Cooling Still Seen
Federal Reserve Watch for Oct. 4: Goolsbee Praises September Employment Data Though Says Cooling Still Seen
Oct 4, 2024
02:53 PM EDT, 10/04/2024 (MT Newswires) -- Chicago Federal Reserve President Austan Goolsbee (nonvoter) said in an interview with Bloomberg TV that the stronger-than-expected September employment report was superb, but cautioned that the overall universe of employment data indicates a slowdown in hiring. Recent comments of note: (Oct. 2) Richmond Fed President Tom Barkin (voter) said that the Federal Open...
US Job Growth Surges, Market Euphoria Predicted To Top, And Musk Foresees Bankruptcy: This Week In Economics
US Job Growth Surges, Market Euphoria Predicted To Top, And Musk Foresees Bankruptcy: This Week In Economics
Oct 6, 2024
The past week has been a rollercoaster ride for the U.S. economy. From a surprising surge in job growth to predictions of market euphoria topping soon and Elon Musk’s alarming bankruptcy prediction for the U.S., there’s a lot to unpack. Let’s dive into the top stories of the week. US Economy Adds 254,000 New Jobs In September The U.S. labor...
Goldman Sachs lowers odds of US recession to 15% after better-than-expected jobs report
Goldman Sachs lowers odds of US recession to 15% after better-than-expected jobs report
Oct 7, 2024
(Reuters) - Goldman Sachs has lowered the odds of the United States slipping into a recession in the next 12 months by five percentage points to 15%, following the latest employment report that showed better-than-expected data. U.S. job gains increased by the most in six months in September and the unemployment rate fell to 4.1%, the Labor Department reported on...
AI Tokens Lead Crypto Rebound Amid Strong U.S. Economy
AI Tokens Lead Crypto Rebound Amid Strong U.S. Economy
Oct 4, 2024
Alternative cryptocurrencies, or altcoins, lead the digital asset market's charge higher on Friday after geopolitical worries subsided and a blowout U.S. jobs report put recession fears to bed for now. Artificial intelligence-focused protocol Bittensor's {{TAO}}, Render's {{RNDR}} tokens rallied 14% and 8% over the past 24 hours, while the CoinDesk Computing Index, which tracks several AI-related tokens, was the biggest...
Copyright 2023-2025 - www.financetom.com All Rights Reserved