'There is a fiscal crisis building up, which might become apparent when the Finance Commission presents its report,' warns T N Ninan.
He said the migrants and poor people had great expectations after the prime minister's address to the nation, but sadly...
'In the real economy, the scars of the pandemic will continue to define 2021.' 'It is still hard to tell the effect on unemployment, migrant workers, poverty, and the informal sector of the lockdown and of the pandemic,' observes Mihir S Sharma.
By the looks of it, the Congress cannot hope to return to power even in election 2024. What it can do is to start from the bottom, hold organisational elections, which are honest, and co-opt those elected to form teams of office-bearers at all levels, right up to the working committee. By the very nature of the elections that they are going to lose, the party should use the interim to shore up youth power, or whatever remains, says N Sathiya Moorthy.
Tax authorities want to reduce harassment of tax payers by eliminating interface between assessees and taxmen
On reforms in pipeline, she said the government is for universal right to minimum wages and wants to remove regional disparity through a national floor wage.
'Today, political formations seem to adopt an 'us' versus 'them' approach which shows up even in their attitude towards civil servants.'
'This creates an added layer of fear.'
Current Account Deficit is projected at 1.2 per cent and 1 per cent of GDP in 2014-15 and 2015-16.
Pandemic-hit auto majors are likely to set aside these time-tested strategies for now, and, instead, focus on attractive finance schemes and an enhanced digital experience.
Summary of sports events and persons who made news on Friday
The problem can be met, according to Shubhashis Gangopadhyay, research director of India Development Foundation, by the government tapping into its own land holdings.
With this batch, the department has now issued letters in 210,000 high priority cases.
We have brought about a slew of reforms that would help improve governance and also facilitate industrial growth, Rajasthan Chief Minister Vasundhara Raje tells Sahil Makkar.
Govt has drawn list of PSUs for strategic sale: Jaitley
In its morning update, the Union health ministry said the total number of positive cases has reached 2,16,919 with a record spike of 9,304 new cases since Wednesday 8 am across the country, while the death toll has increased to 6,075 with 260 more fatalities in this period. A PTI tally of figures announced by different states and union territories, as of 9.50 pm, showed a higher number of confirmed cases across the country at 2,17,389 and the death toll at 6,233.
The captains of Indian industry described Narendra Modi government's maiden budget as one with "the right intent and in the right direction".
At the pre-Budget meeting at Niti Aayog, Modi called for a focussed effort from all stakeholders in order to achieve the target of $5 trillion economy. The participants urged the government to focus on credit expansion, exports growth, governance of PSBs, increasing consumption and job creation.
'At a time when the economy is depressed, a pandemic is raging, and the Chinese are making noises on the border, the NRC could be resuscitated.'
Honda aims to sell 3 lakh units by 2017 from 1.34 lakh units achieved in 2013-14.
He stressed that there was no need to bring the legislation as it was "anti-democratic" and "divided people on the basis of religion". "There is a constitutional crisis. You cannot ignore state governments. You have to take them into confidence," Sinha said when asked about resolutions passed by states against the Citizenship Amendment Act.
Subramanian recommended five ways of financing additional expenditure over a period of one year, including cutting expenditure and borrowing directly from the RBI or monetising debt.
It will take a female domestic worker 22,277 years to earn a top CEO of a tech company makes in one year.
There's lot more to be done for the masses, says Modi.
BoB now has over 9,500 branches, 13,400 ATMs, 85,000 employees to serve 12 crore customers.
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
Government gets Rs 17.1 lakh crore in its kitty
Eye business expansion, fulfil working capital requirements and making loan repayments
On the price front, Indian manufacturing companies continued to face higher input costs during August.
Reserve Bank will hold its first bi-monthly monetary policy review for 2016-17 on Tuesday.
The uptick in prices ranging from steel to wheat could benefit lots of commodity-based companies -- from State-owned SAIL to the agro exporters.
Poor predictability, credibility and effectiveness of fiscal performance have been key reasons for successive governments failing to deliver on their promises.
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The impact the Economic Survey had on the Budget proposals and the influence the Prime Minister wielded on them deserve close attention.
The government on Wednesday said it will raise Rs 72,500 crore through disinvestment of PSUs, including listing of three railway PSUs IRCTC, IRFC and IRCON, and proposed merger and consolidation to create globally competitive public sector units.
President Trump, in a move that could have implications on India's energy security, on Monday decided not to grant sanctions exemptions to any oil customers of Iran, further squeezing Tehran's top export commodity.
The WPI has been in the negative zone since November.
The sovereign ratings outlook for India may turn negative, from stable currently, if the country's fiscal policy fails to check external shocks like crude prices or aggravates the inflation concerns, global rating agency Moody's warned on Monday.
India and the US had on July 17 signed a preliminary agreement for cooperating on emergency crude oil reserves, including the possibility of India storing oil in the US emergency stockpile.
Reddy has worked to reform the economy.
While naysayers say the economy is on a downward spiral, optimists point out that India has experienced a shift of gears in the realm of policies, thanks to several initiatives of the Narendra Modi government, says Ashok K Lahiri.
'Anyone can string together a few alliterative words, but are they a substitute for serious thought?' 'And do they make for a strategy or plan for coherent action?' asks T N Ninan.
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