2019 Kia Seltos will be launched in the second half of 2019 and will take on Tata Harrier, Nissan Kicks, Renault Captur and the Hyundai Creta
Meanwhile, names of prospective replacements for Bakshi as McDonald's future partner have already begun doing the rounds, in case things do not go in his favour.
Banking stocks were hit after RBI deputy governor NS Vishwanathan defended a revised framework for expeditious resolution of bad loans notified by the central bank on February 12, 2018. Investors preferred to book profits on the consumer goods counter which saw record highs yesterday buoyed by the RBI's normal monsoon forecast.
It is right in arguing that the developing world, including India, needs to be compensated for the developmental opportunities lost on account of excessive consumption by the now developed world.
2018 is expected to be a year of consolidation of products and services in the sector - with the impacts of all policy initiatives taken in 2016-17 beginning to take shape in the coming year.
In June 2015, Android One was reported as "a disappointment". However, it wasn't enough to stop Google and the search giant is back with the new range of Android One devices.
There have been demands to appoint co-founder Nandan Nilekani as the next CEO of Infosys since Vishal Sikka gave up the position.
The BSE 30-share Sensex soared to a high of 29,077.28 in September backed by consistent FII inflows, which totalled Rs 51,293 crore in the first nine months, but later crashed to a low of 22,494.61 before ending at 26,213.44 on December 27, registering a net gain of 95.9 points, or 0.36 per cent from its last year-end close of 26,117.54.
With so many events happening throughout the year, Indian economy has seen some major ups and downs. From the demonetisation shock to the landmark GST passage, 2016 witnessed it all.
It has been the best-performing investment tool this year so far in a challenging economic environment amid elusive global growth outlook, outsmarting all other asset classes.
The withdrawal of high-value cash will also hit the bottom line of banks that have been busy exchanging old notes and issuing valid currency at the cost of credit growth and loan recovery.
However, the government's surprise move to demonetise high denomination notes last month made a huge dent in retailers' earnings, with sales falling by up to 70 per cent in early days.
Rajan was replaced by a low-profile Urjit Patel as the new Reserve Bank Governor and the good-old Rs 500 banknotes made way for a new grey-colour replacement while a brand new pink Rs 2,000 note also entered the scene.
On September 5, the telecom sector witnessed the entry of the $20-billion start-up Reliance Jio. The launch of Jio was historic because it offered free voice calls for lifetime.
Dangal could emerge as one of the biggest hits of 2016, a year which has seen many records being set at the box office. Here are, so far, the top performing films at the box office this year
The proliferation of automated trading and passive investing, extreme levels of speculative positioning in an increasingly regulated broking world suggest investors should brace for periodic turbulence even if markets are mostly calm.
"We will soon start three important expressway projects that would reduce travel time significantly between Delhi-Katra, Delhi-Jaipur and Vadodara-Mumbai. These would entail a total project cost of Rs 1,32,000 crore," Union Minister Nitin Gadkari said.
Foreign funds also stayed away from Indian equities in 2015 and invested just Rs 17,806 crore ($3.2 billion) in stock markets last year.
Strong participation from retail investors and robust inflow in equity schemes helped the mutual fund industry's asset base soar by 21.1 per cent to Rs 13.4 lakh crore in 2015.





