Rate cuts are unlikely to be aggressive, in our view.
The idea of modernising railway stations under a PPP arrangement was aired several years ago by the then railway minister, Lalu Prasad, who visualised attracting Rs 15,000 crore (Rs 150 billion) investment in 22 stations.
Raghuram Rajan explains the rationale for his policy stance and other issues.
Credible fiscal consolidation has been a consistent pre-condition to easing the monetary policy stance as far as the RBI is concerned.
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If India does not wish to continually violate the WTO rules, it must also continue to push the WTO to either revisit the reference point of 1986-88 prices for calculating subsidies and pitch it at a recent period, or raise the ceiling on subsidies to enable countries like India to stay within the envisaged cap.
Some cars that are emblematic of India's automobile industry will no longer come off the assembly lines after this year.
The government is doubling down on existing 'temporary' restrictions on the import of gold. Some were introduced under the last administration, and had a transitory effect, reducing gold imports through the official channel.
Profits grow, but not because of recovering demand.
Suresh Prabhu must first work to repair damage to railways.
A look into the challenges of selling loss-making public units.
The lesson for Indian corporations, which otherwise like to pride themselves on adopting global best practices, is corporate America's proactive activism.
What is perhaps most fascinating is that Infosys was not the first large Indian IT company to raise its head, nor has it been the largest; but it has often shown a remarkable ability to market itself so that it has punched above its weight.
Shuji Nakamura was given only a tiny bonus for his invention and he had to sue to get the money due him.
Exceptions were made for ultra-mega power plants, such as the one at Sasan, which the court observed were not under consideration, and for coal blocks attached to the power and steel companies controlled by the central government.
Food inflation is still very much a problem and needs fixing urgently, but the bad monsoon apparently did not make it worse.
The key gain from using Aadhaar will be a drastic cut in impersonation and fictitious identities, thereby plugging a major loophole through which a lot of leakage in subsidy payment takes place.
In spite of Governor Raghuram Rajan's repeated concerns about inflation, many think there may still be a loosening of stance.
CPI inflation has declined by almost a percentage point from July, from close to eight per cent to just above seven per cent.
For August, CRISIL core inflation indicator stood at 3.6 per cent, a tad higher than RBI's measure.
Production grew by a mere 0.5 per cent year-on-year, a significant comedown from the 3.5 per cent clocked in June.
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