Mergers and Acquisitions among Startups

Source: http://www.business-standard.com/article/companies/investors-ride-on-start-up-m-as-make-easy-exits-115051400008_1.html

Inflation in general cools down - WPI also reduces

Wholesale price index (WPI)-based inflation for April fell to a new low of -2.65 percent, the sixth successive month of deflating prices.

Given the weakness in industrial output and downtrend in inflation, expectations of a rate cut by the RBI at its June meet have risen. 

Cabinet clears 5% disinvestment in NTPC, 10% in IOC

Cabinet Committee of Economic Affairs (CCEA) approved 5 percent divestment on  NTPC and 10 percent stake sale in  Indian Oil.

Earlier this year, the government divested 5 percent stake in  REC through the offer for sale route, mopping Rs 1,550 crore. It was subscribed 5.53 times with retail participation at 902 percent, finance minister Arun Jaitley said in a tweet. 

In Budget 2015-16, FM has set divestment target at Rs 69,500 crore. This step is likely to fetch Rs. 8500 crores.

Index of Industrial Production Falls

The Index of Industrial Production (IIP) has fallen to a five month low of 2.1 percent as against 5 per cent registered in February.

What is IIP?

The index of industrial production (IIP) data, gauges the economic activities of the country. The fall in this index shows that demand has slackened, mainly due to falling consumption demand and moderation in electricity generation.

another reason could be absence of fresh investments.

Consumer Inflation cools down

Consumer Inflation in April cools to 4 month low of 4.87 % from 5.20 % a month ago.

GST Benefits - In Hindi Language

Proposed GST Bill - Benefits