The entire Budget-making exercise will be advanced by 3-4 weeks so as to complete the legislative part of financial business before April 1, the start of a financial year
'Why do we make finance ministers go into contortions, to tell us that near 6% is 3.5%?' 'Why not encourage more open and full accounting so that the country knows the real picture,' asks T N Ninan.
According to the global financial services firm, FY16 would be a notable year for India with gradual improvement in economic growth and declining inflationary pressures amid falling global commodity prices and policy initiatives.
Perhaps the calculation is that economic recovery will have been achieved before the next general election comes around, but such assumptions can come unstuck if current directions are not reversed quickly, cautions T N Ninan.
'But can it afford to present a scenario within the existing legal framework of fiscal consolidation?', asks A K Bhattacharya.
Most employment surveys suffer from drawbacks such as limited data coverage, infrequent data collection, and time lag
Hindustan Motors, owned by C K Birla group, has concluded an arrangement to supply engine and gearbox to General Motors' sports utility vehicles, which are yet to hit the Indian roads.
Three years and Rs 28,710 crore worth of transactions later, it has more than double the number of sellers than Flipkart.
Indian basket at 6-month low of $49.11 a bbl
'Modi must keep his members in check or risk losing domestic and global credibility,' Moody's warned.
The government plans to raise resources to finance capital spending beyond the Rs 3.10 lakh crore budgeted for 2017-18 through higher borrowing or divestment receipts.
From the roll-out of GST to H1B visa problems, the government needs to quickly deal with various disruptions.
Despite a steady collection rate, the government faces a steep Budget target of Rs 6.1 trillion for CGST for 2019-20.
'When the rupee was at 65 a dollar, we wanted to go to Thailand for a holiday.' 'Now at 72, we may find Goa much more attractive.' 'That's how correction happens.' 'If you don't let that correction happen, then it's a pressure cooker that bursts one day.'
'Political parties bring out money they have stashed away and start spending it. How large that spending will be depends on how much money has been stashed. So, you are going to have a strong upside coming from the election effect,' says Pronab Sen.
The 30-share Sensex ended down 208 points at 28,261 and the 50-share Nifty closed 64 points lower at 8,571.
The apex court sought to know whether the governor could have sent a message in the present manner under Article175 (2) to conduct a floor test and if delay in the floor test can be a ground for the proclamation of President's rule in the state.
Indian economy had grown at decade low rate of 4.5 per cent in 2012-13. The economic growth in 2013-14 was 4.7 per cent.
India ranks 83, among 166 countries, in spending on mobile rates
Make in India has big shortcomings when it comes to natural resources.
Tax Guru Anil Rego answers your personal income tax queries.
Asian markets were trading mixed with shares in China witnessing profit taking after sharp gains in the previous session.
Index heavyweights ITC was the top gainer along with RIL and HDFC
Finance Minister Nirmala Sitharaman will present her second Budget a little more than a month from now. Like any other FM, Sitharaman will depend on her team of bureaucrats and advisors to frame and present the Budget.
The US trade deficit narrowed less than expected in October as lower crude oil prices failed to offset a jump in imports, while an increase in exports suggested the economy was weathering faltering global demand.
If someone does reduce his contribution, he should scale it back to the 12% level as soon as he can, suggests Sanjay Kumar Singh.
'It is not simply demonetisation or GST, it is this government's failure to manage the financial sector crisis.'
This means lower losses on fuel sales by Indian oil companies and a shrinking oil subsidy bill for the government.
The announcement of a deferral is expected to be part of Finance Minister Arun Jaitley's Budget speech on February 29.
Fiscal discipline has been maintained but toxic assets worth Rs 7 crore are a massive headache
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Says high inflation has to be reversed to achieve sustainable GDP expansion.
Hollywood star Ben Affleck clashed with author Sam Harris over the topic of Islam and radicalism on TV show 'Real Time With Bill Maher'.
Here's everything you need to know about the Goods and Services Tax Bill.
Trump ramped up his fight with the National Football League on Tuesday, calling on the popular league to ban players from kneeling in protest at games while the US national anthem is played.
The new 10 per cent dividend tax will be payable only on dividend income over and above Rs 10 lakh threshold in a year, according to an amendment to the Finance Bill 2016 approved by Lok Sabha.
Congress members trooped into the Well of the House, raising slogans against the government and Prime Minister Narendra Modi after Leader of the House and Union Finance Minister Arun Jaitley said no discussion other than on proclamation of President's Rule in Uttarakhand can take place.
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