Inviting private sector in Indian Railways is a good idea.
We should improve the business climate in Mumbai and Delhi, and India's ranking would immediately shoot up, says Bibek Debroy, a full member of NITI Aayog.
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.
Finance Minister Arun Jaitley, who is meeting state finance ministers on Thursday to garner support for the Constitution Amendment Bill for a goods & services tax (GST), is likely to immediately dole out about Rs 13,000 crore (Rs 130 billion) in Central Sales Tax (CST) compensation to states.
The Jan Dhan scheme restricts the scope of life insurance cover to bring down burden on the exchequer.
APAs are part of govt's aim to move to a non-adversarial tax regime.
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.
Officials say telco still keen on process.
As the government submitted a list of 627 foreign account holders to the Supreme Court on Wednesday, the spotlight is on family of former Maharashtra chief minister, former minister in the UPA government, a Mumbai-based corporate among others. Vrishti Beniwal reports
Financial institutions at the risk of US sanctions as sharing of documents on SC directive amounts to violation of existing agreements.
More companies with unconventional business models to get into messy legal hassles in India.
Govt expects to save Rs 10,000 crore through this move.
States' demand for 5 years and Constitutional provision ruled out
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