Will Priyanka Gandhi emerge as the surprise Congress candidate for the top job?
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Concerned by GDP slowdown and unrealistic tax targets, the economists urged Finance Minister Nirmala Sitharaman to implement long-term structural steps like land and labour reforms. Warning against any off-Budget financing the economists said the government should prepare a statement of intent for its social, rural and welfare sector expenditure.
This is because the bond market has factored in the Rs 4.88-trillion gross borrowing for April-September 2020.
The young party sees a stream of volunteers from outside Delhi. Illustration: Uttam Ghosh/Rediff.com.
'Given the 50 per cent or thereabouts increase in borrowing that has been announced, it is a reasonable estimate to say that at this time, an increase of 1.7-1.8 per cent on the 3.5 per cent budgeted fiscal deficit target is being anticipated,' Chief Economic Adviser Krishnamurthy Subramanian said on Friday.
7 million jobs will be created in formal sector in FY18
Panagariya urged the government to undertake labour law reforms and make land acquisition more flexible to attract the multinationals.
The news of Shah joining the Cabinet came from Gujarat BJP chief Jitu Vaghani, who tweeted a congratulatory message. "Had a courtesy meeting with our mentor Amit Shah and gave my best wishes to him on his inclusion as a strong member of the Prime Minister Narendra Modi's council of ministers," he tweeted.
Kicking off his two-day Haryana roadshow in Faridabad, AAP leader Arvind Kejriwal on Saturday slammed the Congress and BJP, saying gas prices will "increase manifold" if the two parties come to power.
At a pre-Budget meeting, the FM was asked to ensure that NBFCs come out of the liquidity crisis they are facing with the help of RBI. They also spoke about the futility of trying to achieve a 3 per cent fiscal deficit target over the medium term.
'Mamata will beat the living daylights out of BJP workers with the result that people who are not totally committed, they will promptly leave the party and go back to Trinamool.' 'Or when they find they cannot get what they came to the BJP for they will go back to Trinamool.'
The company's Indian operation, a joint venture with Tata Global Beverages, has got a new CEO.
Was Ajay Rai put up just to hobble Kejriwal in Varanasi?
Economists have said if a stimulus is needed it should be different from what was provided in 2008-09, when the economy faced the ripple effects of a global meltdown following the Lehman Brothers collapse.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark.
'It is feared that AI can predict the outcome of a case once it is launched.' 'It knows the law, precedents and judicial thinking better.' 'If AI becomes too common, clients will start using the software to measure the chance of success of their cases,' says M J Antony.
Raise in NPS entry age gives seniors another retirement-saving option but they should invest at least Rs 50,000 to avail of the additional tax benefit scheme provides, reports Sanjay Kumar Singh
Raising equity exposure to 50 per cent in the National Pension Scheme will benefit young investors, provided they can stomach higher volatility.
The new faces in the state cabinet include former Indian cricketer Laxmi Ratan Shukla, Shovandeb Chattopadhaya, Kolkata Mayor Shovan Chatterjee, Abani Mohan Joarder, Abdur Rezzak Mollah, Suvendu Adhikari, Rabindranath Ghosh, Churamani Mahato, James Kujur, Siddikullah Choudhury, Asima Patra, Ghulam Rabbani, Zakir Hossain, Sandhya Rani Tudu, singer Indranil Sen, Tapan Dasgupta and B Hansda.
Is there an understanding between the two parties on critical issues?
A government can't just take away public money, and the RBI can't extinguish its liability. 'The RBI has to honour the value any time a person with legal and taxed money lays claim on the value.'
Why has Mumbai's cyber police taken no action against these WhatsApp groups who everyday, commit offences under the Indian Penal Code? The police cannot be unaware of their existence, observes Shruthi Marathe.
Moreover, all her existing and future entitlements such as any unpaid amounts, unpaid bonuses or increments, unvested and vested and unexercised stock options, and medical benefits will be revoked.
Government has targeted to garner about Rs 56,500 crore through selling its stake in PSUs.
New filers reported an average income, in many cases, close to the income tax threshold of Rs 250,000, limiting the early revenue impact.
'Look at the number of billionaires, the number of new billionaires in India.' 'Adani and Ambani are not the only ones.' 'What's wrong with people making money as long as it benefits us?'
'The current budgetary practice of shifting expenditures off-balance sheet in order to be seen to be meeting fiscal targets should be discontinued; additional fiscal stimulus would be imprudent; individual income tax rates should not be cut; GST rates should not be raised now,' advise Arvind Subramanian and Josh Felman.
The politics of hate does not pay. The people are too sensible to fall for such a ruse, says Amulya Ganguli.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
It is going to be a rough and brutal 2020 for India as its government pushes on with its ideological agenda, and the citizens do whatever they can to protect themselves, notes Aakar Patel.
Kolkata Knight Riders will look to regain their momentum and remain in the hunt for the knockout stage when they clash with laggards Royal Challengers Bangalore in an Indian Premier League encounter, in Bengaluru, on Sunday.
A panel will draft direct tax legislation, keeping in mind the system in other countries, international best practices and economic needs of the country
Tamil Nadu, the best-performing state, managed to do this in 63 days. Land allotment took 156 days nationally and 28 days in Himachal Pradesh. Environmental approval took 91 days nationally and 25 days in Chhattisgarh.
Dubs Modi government a "one trick horse" which will make the Hindu-Muslim issue the dominant one in political discourse; asks Opposition to field one candidate in every seat against BJP nominee in 2019 polls.
Private labels remain big business for e-commerce marketplaces. They comprise almost 15 per cent of the total business of such firms.
Analysts are of the opinion that given the change in the business model, which is resulting in smaller deals spreading across the whole year, clients may be already renegotiating prices.
The central agency had prayed for 10 days custody of the accused, but the court granted a week.
Delhi Chief Minister Arvind Kejriwal undertook a course in naturopathy in Bengaluru recently. We take a look at what the treatment involves.
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