Even a doomsayer like Nouriel Roubini says India is in a sweet spot. If only we'd live up to the promise, says Shekhar Gupta.
What we want from spectrum allocation is access to broadband networks at prices that will result in productivity gains.
RBI has, since January, cut its policy rate four times.
The prime minister's August 15 address was undoubtedly inspirational and outlined important economic and social objectives, such as making India a global hub for manufacturing, ensuring bank accounts for all poor families, major thrusts in sanitation and cleanliness, and a radical restructuring of the Planning Commission.
Supported by slightly stronger global growth, improving export competitiveness and implementation of recently approved investment projects, India's growth is expected to recover from 4.4 per cent in 2013 to 5.4 per cent in 2014, the IMF said.
The idea of strategic disinvestment seems to have been dropped by the government.
Finance minister tries to put house in order before reforms are unveiled in February.
NDA government has shunned populism.
Instead of a consumption stimulus the government must address the NPA issue with a war footing and invest in infrastructure, affordable housing and exports, says Sanjeev Nayyar.
The Urjit Patel committee on monetary policy framework has proposed setting up of a monetary policy committee (MPC) that will be headed by the Reserve Bank of India (RBI) governor and accountable for achieving inflation target set by it.
The 30-share Sensex jumped 729 points to end at 28,076 and the 50-share Nifty soared 217 points to end at 8,494.
The real benefits can be seen when prices stabilise, preferably at levels acceptable to both consumers and producers.
A full-blown recovery remained elusive for India Inc in the July-September quarter, even as it overcame the challenge of achieving profitable growth.
If oil prices rise, the government would face an uncomfortable political decision.
India's indigenous paper manufacturers are forced to use a variety of raw materials.
Government to pay disproportionately high interest for borrowings from savings, overturning a nearly two-decade-long process of reforms in the management of public debt.
Yoga improves the flow of oxygen to the brain and thus keeps depression at bay.
Over to the government how they manage the uncertainty of monsoon and revive spending in order to entice RBI for another round of rate cuts
2014 was a year for downturn for most economies across the globe.
Fifty per cent of bank restructured assets were in infrastructure, steel, power and telecom sectors.
'I feel now we have a leader who is non-corruptible.' 'But he needs time as corruption is deep-rooted in our society, and people have no shame about being corrupt.' 'It will take at least 7 years to make some changes.'
The fragmentation of politics and the pressures of coalition management have contributed to a near-secular rise in budgetary social expenditures and spending on subsidies since 1991, leaving little fiscal space for government-led capital investment.
The farming community expects much more substance from the government, Ajay Vir Jakhar.
Economic reforms seem to be on a slow train, while good old fiscal populism is alive and flourishing.
'There is no change in the overall story of economic recovery.'
'A bit of marketing, a bit of positioning, and a lot of strategic thinking is required, and all this should be in aid of India's strategic intent: Becoming the third pole in a global G3 and aiming for Numero Uno,' says Rajeev Srinivasan.
Budget will get a welcome reception from the international biz.
Parekh said divestment can unlock huge funds.
Mr Jaitley should devise methods to attract better talents at the higher level.
The IPCC has blamed man-made emissions for warming of the globe and long term climate change. Limiting climate change, therefore, will require substantial and sustained reduction of greenhouse gas emissions. This is the message to politicians and policy makers of the world, says Dinesh C Sharma
Economist S Janakarajan, in an interview to Shobha Warrier/Rediff.com warns that without proper infrastructure, India will never be able to build a market economy.
More, many market gurus expect the Sensex to reach 30,000 levels by December and 40,000-45,000 in three to four years.
The Budget has evoked mixed reactions from Silicon Valley investors.
The implications aren't too significant, given the size of Ukraine and its role in the global economy.
Experts say only three per cent individuals pay taxes.
FIIs pump in Rs 2,075 crore in past three trading sessions.
Union Budget 2015 cuold have included few smaller reforms.
Since multilateral trade creates a stable, peaceful world, normalisation of bilateral trade between India and Pakistan will start a series of peace building measures, especially along the bordering areas of both states which is the worst affected from the on-going conflict, say Riya Sinha and Shehzad Poonawalla.
M R Venkatesh, chartered accountant turned political commentator tells Shobha Warrier/Rediff.com that Modi's war is not against the opposition parties or the Congress but against the bureaucracy and the establishment.
In the near term, two key factors are the outcome of the monsoon season in respect to cropping yields; and the correction in the crude oil price.
