Emphasising that revival of growth should be the number one priority of the RBI at this time, industry groups said apprehensions about inflation rearing its head again may prove to be misplaced.
'The government wants foreign companies to capture the insurance market.'
Pranay Bhatia offers insights on some key issues from Nirmala Sitharaman's maiden Budget.
BSE Smallcap index outperformed the frontline indices to rise 0.6%, while the BSE Midcap was flat
'In the long run, the boost to farmers' incomes must come from technological breakthroughs,' says Pratap S Birthal and Digvijay S Negi.
After exporters, real estate companies are demanding a priority sector tag for loans to the low-cost housing sector.
'Analysts see BECA as a 'force multiplier' for India.' 'But China too is known to have such capabilities.' 'The military gap with China will continue to remain a fact of life, BECA notwithstanding,' argues Ambassador M K Bhadrakumar
Private consumption is looking up and will get better as the full effect of the good monsoon is felt on rural income, and the effect of the payout from the Seventh Pay Commission is felt on urban income, say Anis Chakravarty & Rishi Shah.
IMF, which has also lowered its global economic growth forecast for 2016 and 2017 by a marginal 0.1 per cent to 3.1 and 3.4 per cent respectively, recommended six 'reform priorities' for India
'The revival of household savings and investment is the litmus test of whether we are on the road to recovery,' says Nitin Desai.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
The country's near-term outlook hinged on a benign inflation trajectory, uptick in industrial activity and falling crude oil prices
'India has an advantage because we produce more cotton and we have more workforce.'
Housing sector to benefit from Budget.
Modi's government sees itself in a sweet spot with spare cash.
Lack of new investments may undermine higher consumption
If the real economy is indeed looking up, then it no longer needs hand-holding and fiscal laxity
The government has spent a little less than one-third of the Budget estimate of capital expenditure, it can still spend about Rs 20,000 crore this year without disturbing its fiscal deficit target.
This is the first time in the history of the airport operator that revenue crossed Rs 10,000 crore.
Construction major L&T was the biggest gainer among the Sensex components, spurting 2.30 per cent, after the company said its board has approved a Rs 9,000-crore share buyback plan.
The momentum created by the landslide victory of the ruling party should be utilised to carry forward reforms in the legal field, says M J Antony.
The prime minister's visit to Washington should focus more on shopping for energy security and stopping the US from snooping on us, reigning in its popular and innocuously operated instruments to gather intelligence like Google, says Tarun Vijay.
Infrastructure investments in politically-expedient sectors such as water supply, sanitation and irrigation have seen an increase during the first year of the 12th Five-Year Plan (2012-13 to 2016-17), but the same did not get replicated in other critical sectors.
The CPEC poses a clear and imminent danger to Indian security interests, says Kulbir Krishan.
This was even as the country's economy grew by 7.3%.
'In the last 55 years India and Pakistan have gone to wars, but nobody spoke about scrapping the Indus Waters Treaty.'
Investors must be cautious and follow a prudent diversification strategy to mitigate against any risks in case of any unforeseen events.
'Fear is also a great impetus to push people in the right direction.' 'So, everyone who has touched black money is scared and I'm very happy about it.'
Among these, Hindalco and Vedanta from the metal pack have become multi-baggers, gaining 100 per cent in 2016
Aiming to push India into the list of the top 10 agri export nations, the policy has been backed by the Prime Minister's Office
India should not miss the opportunity to develop high-speed railway.
'Misplaced national priorities have brought the economy to a cul-de-sac,' says Ambassador M K Bhadrakumar.
Revenue from its IT services business rose 9 percent to $1.86 billion.
With EU, it is part of the FTA that we will need to negotiate.
Modi govt must implement few policy measures which it announced in Budget 2015.
'We have set out a timetable to reduce income tax rates for all incomes below Rs 50 lakh, and to progressively eliminate the surcharges on income above Rs 50 lakh, by 2024.' The Budget speech past CII president Naushad Forbes wants to hear.
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
Markets have gone into a tailspin, the Modi govt must revive investment sentiment.
he 2014 electoral verdict has bolstered investor confidence and raised hopes of economic revival, apex banks says in its monthly Bulletin
