Budget clearly prioritised growth over fiscal consolidation, said Atsi Sheth, Senior VP, Moody's Investors Service.
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
Bibek Debroy raised seven questions about the new institution.
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 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.
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.
Strategy being reworked to launch ETFs, revive Suuti; proceeds may be Rs 24k crore
Part of periodic Article IV consultations on state of the economy; team to have discussions with government as well as banks, private investors and civil society
Many economists say only a substantial rise from October would point to a real recovery.
The stock and foreign exchange markets have had a negative reaction to the government's biggest social security programme, the National Food Security Bill. Food minister K V Thomas questions the rationale behind such a response
Officials asked what the point was in going through banks when the government has to give guarantees.
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