Why Mirae Asset is overweight on India

Talking to ET Now, Rahul Chadha, Co-CIO, Mirae Asset Global Investments, says probably from a near term upside there is a higher upside in China, Korea in the near term but from the medium term, India is a must-have in portfolios.

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via Why Mirae Asset is overweight on India

Indian SMEs globally most confident of growth: Report

NEW DELHI: The confusion surrounding the implementation of India's biggest tax reform - the Goods and Services Tax (GST) -has not impacted the optimism of Indian SMEs (Small and Medium Enterprises) about domestic economic growth.

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via Indian SMEs globally most confident of growth: Report

PM Modi to review GST groundwork before final roll out on July 1

New Delhi: Prime Minister Narendra Modi will on June 6 take stock of the readiness of the country for the roll out of goods and services tax on July 1. “It will be a review of the state of preparedness,” a government official privy to the matter said.

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via PM Modi to review GST groundwork before final roll out on July 1

Delhi Assembly passes state GST bill in a special session

NEW DELHI: The Delhi Assembly today passed the state Goods and Services Tax (GST) Bill even as Chief Minister Arvind Kejriwal pitched for capping the tax rate at a maximum of 10 per cent.

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via Delhi Assembly passes state GST bill in a special session

Minister Deshpande wants footwear, textiles and biscuits under low GST slab

BENGALURU: Industries & Infrastructure Minister R.V.Deshpande on Wednesday urged Finance Minister Arun Jaitley to put items such as footwear, textiles and biscuits under a low GST rate as they are used by the masses.

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via Minister Deshpande wants footwear, textiles and biscuits under low GST slab

GST would add extra 4% in Indian growth, says Hasmukh Adhia quoting US expert

BENGALURU: Revenue secretary Hasmukh Adhia and Karnataka agriculture minister Krishna Byre Gowda shared the stage on Tuesday, projecting a joint Centre-state effort in support of the goods & services tax (GST).

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via GST would add extra 4% in Indian growth, says Hasmukh Adhia quoting US expert

Bullish on 3 domestic themes: Pankaj Pandey, ICICIdirect.com

Talking to ET Now, Pankaj Pandey, HoR, ICICIdirect.com , says should continue to stay away from IT and pharma sectors. Besides Rallis and ENIL, the third stock Pandey is betting on is Federal Bank

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via Bullish on 3 domestic themes: Pankaj Pandey, ICICIdirect.com