Chief Economic Advisor Arvind Subramanian's interview.
Reddy has worked to reform the economy.
New data is puzzling as these aren't corroborated by other data
UPA-II has yielded a 7.5 per cent average annual growth rate
The 2015 World Bank group's Doing Business index ranked India at 142, down from 140, which it was the year before.
A key government official involved in initiatives to make doing business in the country easier said improving the ranking to 50th in a year was not possible but the country could certainly do that over two years.
Bibek Debroy raised seven questions about the new institution.
Companies that are listed or are in the process of being listed, and have a net worth of at least Rs 500 crore, must adopt these standards from April 1, 2016.
The Centre would need the concurrence of 20 states out of 29 to impose a GST on petroleum
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The ball is now in the Reserve Bank of India's court to lift up demand, says Ajay S Shriram.
The move is aimed at making it easier to do business in India.
The I-T department had said Vodafone India under-priced shares in a rights issue to its parent. The tax demand was for the two financial years ended March 2011.
Zopper, a price comparison site, with 2,000 online and 200,000 offline merchants on board, aims to increase user activity 100 times in 3 years.
Relief would only be for unlisted companies; listed ones already have to prepare statements once a year.
Though it is likely gross domestic capital formation increased in the quarter ended June, against declines in the previous two quarters, a significant revival in investment might take a few quarters more, economists say.
Arun Jaitley had proposed in the Budget to double the rate of capital gains tax on debt MFs to 20%.
The ministry is likely to go by the recommendations of a committee on liberalising external commercial borrowings, headed by M S Sahoo, a former director with the Securities and Exchange Board of India.
DEA officials to push for this at a meeting with FM Jaitley.
The former RBI deputy governor talked about the prospects of an economic revival, reforms in IMF, etc.
The finance ministry is working on a Cabinet note for establishing a full-fledged Public Debt Management Office, officials told Business Standard.
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