What the railways need to do is to establish a clear link between higher fares and better service, says T N Ninan.
Former Railway Ministers were not on the same track as incumbent Sadananda Gowda, calling the Rail budget "pro-rich" and a " Modi gadget" which has nothing new to offer.
Uttar Pradesh Chief Minister Mulayam Singh Yadav on Friday presented a tax-free budget for 2003-2004 in the Vidhan Sabha with a net deficit of Rs 1,020.87 crore.
Growth under NDA has been reasonable, inflation, exports and job creation are problem areas
The President may not have agreed with the government on many occasions. Not once was this ever made public -- though he told off ministers in private.
Overseas investors were one of the heavy buyers.
I am very pleased with the first Budget of Jaswant Singh. Positive moves have far exceeded the negative ones. The impetus to the industry has been very high particularly in the infrastructure sector.
'One wishes that today's 'take no prisoners' brand of politics would give way to an understanding of the national interest that is shared by both government and Opposition.'
The Rajya Sabha election was personal so it had to be won and Amit Shah needed to be sent a message.
The Association for Democratic Reforms slams the Budget proposals on political funding, says they lack teeth and show the "lack of political will" in proposing real reforms.
These five vehicles are the most popular two-wheelers launched till date in 2016. However, 2016 is still on and we are expecting lot more exciting vehicle launches around the festive season.
The Finance Ministry has started preparations for Budget 2014-15 by asking different central ministries and departments to come out with their estimates of receipts as well as expenditure for the next financial year.
Core sector companies have seen volumes drop to single digit in the first nine months of FY16.
An analysis of the frequency of various watchwords in the finance minister's Budget speech shows that he was perhaps trying to hold on to his ideas without treading on anybody else's toes, says A K Bhattacharya.
He noted that the Rupee has firmed recently but cautioned that the currency should not lose its competitiveness in global trade.
Consumers will thank the Modi government for this simple yet revolutionary move, which is long overdue, says Debashis Basu.
The rupee has also risen during the period and is now trading below the crucial Rs 60 against the dollar mark.
The record of other prime ministers too shows how much can change when a prime minister is faced with the two-year challenge, says T N Ninan.
The railways have been able to project improvement in finances.
For growth in export, continuous gain in productivity is essential.
The macroeconomic environment has changed dramatically for the better.
There are tell-tale signs of a slide in the quality of Budgets presented by the current administration, says Parthasarathi Shome.
Whilst substantive public allocations have been made in the infrastructure sector, this strategy is plateauing due to the fiscal deficit constraint, capacity limitation of statal implementing agencies, the declining ability of PSUs, and the precarious situation of the Railways' operating ratio. It is, thus, high time to get the policy compass to point at rejuvenating private sector investments in infrastructure, says Vinayak Chatterjee.
Being mandatory, these recommendations will have to be immediately built into the Budget for 2015-16.
'The finance minister and the government have met the immediate challenge. The wine this time is new and also in a new bottle, which, though not full, is less than half empty.'
Nawaz Sharif's appointment of a new army chief will influence India-Pakistan relations
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The Sensex was around 18,600 by the end of August.
The ministries and departments, where bureaucrats are parked after being moved out of key positions, reflect the priorities of the government.
The Congress feels there was no articulation of a bold vision of a statement of intent in the Budget, no articulation of a direction in which the economy has to go, and it lacks imagination. Renu Mittal reports.
Prime Minister Narendra Modi to include only those who perform well as parliamentarians.
Congress campaign seeking to paint the ruling party as anti-poor and anti-farmer seems to have unnerved the BJP, feels T N Ninan.
Credibility of fiscal promises is a virtue that no finance minister can afford to lose.
The comments came after Indian Finance Minister Arun Jaitley warned of tough measures in his first budget on July 10, saying 'mindless populism' needs to be checked as India aims to boost growth.
Finance Minister Arun Jaitley hints at a world class tax regime.
India changed its stance towards Britain over Lalit Modi who has ED cases against him, and Vasundhara Raje, who gave the ruling BJP its most triumphant victory in Rajasthan, is in the dock for alleged nepotism.
The Congress may get chairmanship of the prestigious Public Accounts of Committee but still there is no guarantee whether it will get the post of Leader of the Opposition in the Lok Sabha.
Structural changes to government finances could be focus of the Union Budget, says Mihir S Sharma.
BJP's success in two state elections gave Modi room to cut through a thicket of regulations and state controls.
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