Full text: President Murmu's address to Parliament's Budget Session

‘Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the......

Pranab, Modi, Demonetisation

'Modi had not discussed demonetisation with me prior to his announcement on 8 November 2016.'I learnt of it along with the rest of the country.'I was not surprised when he did not discuss the issue......

Can Bhagwant Mann stop Punjab from going the Sri Lanka way?

Bhagwant Mann stares at a twin-headed monster: Resuscitating the state's debilitated public-sector enterprises and controlling the spiralling debt to keep the State machinery and his poll-fuelled......

Freebies Making States Cash-Strapped?

While the likelihood of these states going the Lanka or Greece way may be an alarming assessment, the financial situation of some states such as Punjab and West Bengal is indeed quite weak.......

India Inc may see average salary hike of 9.6% in 2024

India Inc may offer an average salary hike of 9.6 per cent in 2024, similar to the actual increase last year, according to a report released by global professional services provider Ernst & Young......

'Private capex will depend on demand and supply situation'

'The private sector will look to the Budget to check whether there are any headwinds or tailwinds.' Illustration: Dominic Xavier/Rediff.com R Shankar Raman, the chief financial officer and......

RBI flags concentration risk among govt-NBFCs, all tied to power sector

The top 50 exposures, amounting to Rs 7.8 trillion, of government-registered non-banking financial companies (G-NBFCs) constitute about 40 per cent of corporate credit within the NBFC sector,......

IMF cautions India on govt debt vulnerabilities, Centre disagrees

The International Monetary Fund (IMF) warned on Tuesday that India’s general government debt (comprising both central and state government debt) could exceed 100 per cent of gross domestic......