Economists want the government to focus on jobs, farms, and fiscal consolidation. They also favour re-imposition of the long-term capital gains tax on listed securities and mutual funds.
Naveen Patnaik's guest list has been prepared with an eye on the forthcoming Lok Sabha and assembly polls, reports Archis Mohan.
The government had breached its fiscal deficit target given in the Budget for 2017-18 in November itself, touching 112 per cent of the limit.
Growth impulses, while improving, remain fragile, and a rate hike will be disruptive to interest costs.
The total quantum of non-performing assets in the Indian banking system increased to Rs 7.33 trillion as of June 2017, from Rs 2.75 trillion in March 2015.
Loans, cash credits, and overdrafts at the end of December 22, 2017, stood at Rs 81,287.32 billion, against Rs 73,340 billion in the year-ago period.
The extra borrowing implies Jaitley will have extra spending space in the Union Budget for FY19, the last full one before the 2019 general election
The Trinamool Congress and Nationalist Congress Party, have indicated that their party chiefs have better credentials for the post than the newly-elected Congress head, reports Archis Mohan
Banks might not have realised the exact implication of risky projects under PPP projects, which were getting implemented under high leverage
The economists who signed the letter included Jean Drze , Abhijit Banerjee, Ajit Ranade, Jayati Ghosh, Kirit Parikh, Mihir Shah, Rohini Pande, and Vijay Joshi
BJP's reversals in rural Gujarat has prompted many policy watchers to predict that the Budget would have incentives for the agriculture sector and the rural economy.
The Rahul-led campaign not only recorded its best assembly performance in the state since 1995, but also matched the BJP blow for blow in planning and execution.
The Centre is grappling with the question of its fiscal roadmap not only for this year but for 2018-19
The party's research department is quietly collecting data, facts and figures to puncture the Modi government's claims on the note ban, the goods and services tax, and the economic growth.
'Modi and BJP have fooled us enough by creating a Hindu-Muslim divide. Our anger is about jobs and farmers getting a good price, but Shah needs to be taught a lesson for betraying us.'
Foreign Trade Policy: More incentives for exports, focus on ease of trading
While RBI's foreign exchange reserves have swelled to over $400 billion, it has a 'sell' position of $981 billion.
While the Congress is not willing to campaign in Muslim areas, the BJP encourages Muslims to attend its public meetings, reports Archis Mohan.
Will the Financial Resolution and Deposit Insurance Bill endanger our bank deposits?
The vigour Divya Spandana has added to Rahul Gandhi's social media persona has brought him back in the reckoning.
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