Suresh Prabhu is trapped in the 'rhetoric of his own government'.
Railway Minister Suresh Prabhu said Budget-making was guided by the Prime Minister's words of the government being there to protect the interests of the common man.
He said the short term macroeconomic priorities of the RBI continue to focus on bringing down inflation towards the government-set target of 4 per cent
Congress Vice President Rahul Gandhi backed the long-pending demand of 'One Rank, One Pension' for former servicemen assuring them that he will make all efforts to ensure it is met at the earliest.
It is only 'zero-cost' money from FPIs that is keeping the market afloat
Lack of new investments may undermine higher consumption
On the revenue front, the finance ministry was expecting higher proceeds from non-tax revenue.
The stock market, the Survey felt, had run away from underlying real economy indicators and asked if this indicated rational confidence or irrational exuberance.
The Nifty50 slipped 33 points to close the session at 8,509 after hitting an intra-day high of 8,587.
He will presumably choose to remain true to the framework he has put in place.
Adopting a wait- and-watch approach ahead of US Fed meeting
BKS and BMS leaders have told the BJP leadership that it is staring at a build-up of anti-government propaganda in the run-up to polls in five states.
FPIs, which are holding large exposures in Indian debt, could also be expected to book some capital gains as yields slide down
The long-term growth perspective or potential for India is one of the highest in the Asia Pacific region.
'We don't know how much the Pay Commission outflow will be.'
Bharatiya Janata Party President Amit Shah on Friday said the government will soon implement 'One Rank, One Pension' scheme even as agitating ex-servicemen threatened to intensify their protest if any unilateral announcement is made which does not meet their long-standing demand.
The agitating ex-servicemen are accusing the government of "constantly shifting the goalpost" and not coming out with any "concrete proposal" to resolve the issue.
FY16 saw the highest number of new product launches in a year from Maruti
Jeet Singh, the constable, talks about how his colleagues in the force work in the absence of medical facilities or pensions.
Broader markers outperformed their larger peers.
Three key babus will make room for a new set of officers to carry the baton of Budget programmes.
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.
The past eight months have seen vast improvement in the Indian economy, says Edelweiss Group chairman and chief executive Rashesh Shah, who feels domestic-oriented sectors are likely to do better.
The finance minister may stagger some of the recommendations.
Experts tell Ujjval Jauhari that investors need to be careful in picking stocks given high valuations and with markets possibly ignoring potential risks
'Markets are likely to remain choppy for the next 6 months.'
The Budget has to provide for capex on roads, railways, defence and other infrastructure sectors.
Dealer despatches will probably be a good signal of economic turnaround or further deterioration, says Devangshu Datta.
We should work in unison to boost growth: FM
'The domestic scenario is much better than earlier, demonstrated in the March quarter earnings.'
Growth in the third quarter (October-December) is expected to be the weakest in years, with spending hit due to unavailability of enough replacement currency.
Yogi Adityanath on Monday completed 100 days in office as Uttar Pradesh chief minister but it was a low-key anniversary with no big event to showcase the achievements of the government.
'The market position from here on is expected to go up'.
Whereas the headline growth rate appears very respectable, India needs faster to growth to generate jobs.
Here are some frequently asked questions about the one rank, one pension scheme
Post the correction over the past one year, we are seeing opportunities across sectors.
'Instead of joining us in celebrating the strikes, the MoD has stabbed us in the back,' says a top general.
India's GDP for the three-month period ended September 30 grew 7.4%.
NPS still has critics despite being in business for a decade and mopping Rs 24,000 crore as of 2013-14.
Bihar expects transfers from the Centre to grow 28 per cent in 2016-17.
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