The prospect of further falls in remittances is a hindrance for the Reserve Bank of India, as it seeks to bullet-proof the economy against sudden capital outflows
Mr Jaitley should devise methods to attract better talents at the higher level.
Without bringing sound governance and technical capabilities into the RBI's work, injecting new money sets the stage for a next wave of bad behaviour by banks, warns Ajay Shah.
The system envisaged under the FRDI Bill, if implemented properly, would help improve the efficiency of capital allocation without harming consumers, and without risking the stability of financial firms, says Ajay Shah.
Most forecasts do not have a track record of transparency and accuracy
The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.
'When we say we want to increase pension participation, do we want to increase participation through the savings route?' 'Or do we want people to save in specific pension products?' asks Renuka Sane.
GST reform has been hanging fire since 2006-07.
The finance minister may stagger some of the recommendations.
Indian economy is expected to improve marginally in the current financial year with its GDP at market price projected to expand by 3.4 per cent from 3.3 per cent in the previous fiscal, think tank OECD said.
Lower revenue collection puts upward pressure on government borrowing, ensuring that it deviates from the glided path of debt reduction
He has also said that the overall mood of the Indian consumer remains subdued
The National Council of Applied Economic Research (NCAER) on Thursday lowered the GDP projection for the current fiscal to 4.7-4.9 per cent due to exchange rate depreciation.
The government will find it difficult to pass the Bill without the Congress's help
Greek proposals hailed as "a positive step forward".
The National Democratic Alliance won 64 seats.
A way out of the economic slump is to revisit the template of 15 years ago and follow its constituents, recommends Ajay Shah.
They can carry huge amounts of data, have a lot of bandwidth, but operate at short ranges, between 200 metres and 2-3 km reports Surajeet Das Gupta
Prime Minister Narendra Modi has high hopes from the VibrantGujarat Summit.
CPI inflation could fall marginally but stay above RBI's comfort level.
In its essence, GST is a national level system of value added taxation of goods and services, says Shankar Acharya.
Fresh investments by corporates up just 5.8% in FY17, lowest since 1992
Months before 8/11, MP, Haryana probed note ban
The government has to take a call on reducing or retaining the excise rate.
India's tax officials, long the scourge of foreign investors, are under government pressure to avoid aggressive claims against overseas funds.
Infrastructure and inflation targeting are expected to be top priorities for the new Reserve Bank of India governor, says A V Rajwade.
Acknowledging that effective taxation of mobile income is a key challenge, G20 leaders including Prime Minister Manmohan Singh on Friday vowed to take steps to change rules to tackle tax avoidance, harmful practices and aggressive tax planning.
Government looking at cushioning slowdown due to demonetisation with sops and higher outlay for micro, small and medium enterprises, agriculture, and affordable housing.
Besides advancing the presentation of the Budget to perhaps the first week of January, , there are four new initiatives that could be rolled out from the next Budget, says A K Bhattacharya.
The implementation of the policy would require public health spending to rise to nearly 2.5 per cent of the gross domestic product, from the present dismal one per cent, with the Centre bearing about 40 per cent of it.
India is not so worried about meeting fiscal deficit target.
Greek crisis is coming at a time when India is short of hard news on the domestic front.
The theory that all banned notes will come back into the system may not be true. Anup Roy finds out.
One out of every two Indians would have Aadhaar number by the middle of 2014, UIDAI Chairman Nandan Nilekani has said as he underlined the unique attributes of the identification system that will lead to public sector reform and governance transformation.
Being mandatory, these recommendations will have to be immediately built into the Budget for 2015-16.
'If you look at household hospitalisation compensation, then you will find only one-third is hospitalisation. Two-thirds is outpatient.' 'Even if you provide Rs 5 lakh coverage, people will still have a tough time.'
To the extent that body shopping is replaced by true offshoring, everyone is better off, says Ajay Shah.
Former England soccer captain David Beckham and Major League Soccer will announce on Wednesday that he is exercising his option to become the owner of a team in Miami, sources close to the negotiations said.
Premium valuations era started in 2006 and went hand in hand with decline in the US interest rates
'The quick fixes have failed; there is now no alternative to deeper reforms,' says Ajay Shah.
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