'We are very watchful about inflation and growth. But the main challenge is economic revival and growth.'
'Even before the outbreak of the flu, it had become clear that the tax revenue numbers for 2019-2020 were overestimated,' observes A K Bhattacharya.
Several exemptions have been given to reduce the cost of raw materials.
Defending his economic policies, Modi said demonetisation was 'a very big success story'.
New ITR forms indirectly force small businesses to maintain books of accounts, something that wasn't needed earlier, says Anupam Jain.
'Now is the time for India to course correct and for the government also to course correct,' says businessman Mangesh Khatri.
There are several welcome standalone reforms, but these do not add up to a coherent strategy to achieve a $5 trillion economy or secure Aatmanirbharta, observes Rathin Roy.
In the past, the firm also acquired the Zandu brand which opened up its presence in the balms business
India needs to spread irrigation and do so against a backdrop of rising water scarcity and depleting groundwater resources
A day ahead of former Congress chief Rahul Gandhi's visit to Rajasthan to raise the voice of the farmers against the farm laws, he said that the Centre should withdraw the laws and after thorough consultation with farmers and states, come up with a new set of legislations which the tillers would themselves want and is not something that is forced upon them.
There were nearly 4,000 cabin crew with Jet when the airline was grounded; every fifth remains without a job to date. One cabin crew member with 10 years of experience has been forced to take up a teaching job; some have branched out into small businesses. Aviation jobs were scarce even before the Covid-19 pandemic arrived on Indian shores in early 2020. The situation has been exacerbated since.
The NSE Nifty, which again went past the 9,900-mark to touch a high of 9,903.95 intra-day, finally settled 103.15 points, or 1.05 per cent higher at 9,897.30.
India's economy grew at 7.6 per cent in 2015-16.
'India has an advantage because we produce more cotton and we have more workforce.'
The industry said if the policy was announced, it would have taken 28 million vehicles bought before March 2005 off the road.
Rediff.com does a quick checklist on what the two manifestos have to say on hot-button issues of the day.
Bedi, in a series of tweets, shared her plan to make the national capital more 'economically vibrant'.
Indian banks have started exploring opportunities in the space, including lending to crypto exchanges, and accepting bitcoins as collateral, among others.
'It will be only in fiscal year 2023 when the size of the Indian economy will be bigger than what it was in 2020, you will see demand and employment rising.'
Excise duty cut to boost Polymers sector.
But it may come with a downside risk of further rise in prices of several products.
'Modi has given India its 'lost half-decade'. Elect him again and by 2024 it will be a lost decade'
Inflation is down, growth is headed for recovery. RIL and subsidiary Jio are on an upswing. However, stressed loans and impending job losses are the dark clouds, says Devangshu Datta.
Lower revenue collection puts upward pressure on government borrowing, ensuring that it deviates from the glided path of debt reduction
Simplicity will make the Budget investment-friendly
While using the family to save tax is legal and smart, ensure you use the ones where clubbing income laws isn't a concern, advises Bindisha Sarang.
The possibility of the slowdown affecting more players is greater if the industry doesn't get access to easier finance in the next six to eight months.
'Our liquidity is strong for the next 15-20 days.' 'But if the situation worsens drastically, then we will have to think about laying off people.'
The battle on creating jobs is virtually lost. If the battle for achieving higher growth too is lost, then its political consequences could become difficult to manage, says A K Bhattacharya.
Print media will not benefit from the Budget.
A one rupee per litre cut in taxes would result in revenues being hit by Rs 30,000 crore on an annualised basis.
This is not her first stint in North Block or in leading a major economic ministry. She started Prime Minister Narendra Modi's first term as minister of state for finance, was made the commerce minister, and then became the defence minister.
Muzammil Patel and Rahul Murthi will answer all your start-up queries.
The biggest achievement of demonetisation is that it has brought about a social revolution against black money and corruption, says Sukumar Mukhopadhyay.
Policies have focused on promoting manufacturing, says minister, for income and job purposes.
The Budget emphasises on capacity building and empowerment of marginalised sections of society including farmers.
Chartered accountant and Sebi registered investment advisor, Harsh Vardhan Roongta, answers your home loan queries
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
'Despite uncertainties around demonetisation and the GST, we expect Indian equities to deliver positive returns.'
Fiscal deficit in first half of FY19 has already reached 95.3 per cent of full-year budget estimates.
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