As many as 17 locations in Delhi, Mumbai, Hyderabad, Jaipur and Surat were raided by the ED.
The key proposals from the IT industry that were not addressed included removal of dual levies on software products
'The Congress has no moral right to throw mud at others. The Gandhis talking of corruption sounds worse than the devil quoting scripture.'
Closing banks and restricting the flow of capital can build pressure for a solution as finances get squeezed.
The Reserve Bank of India kept its policy interest rate unchanged at a five-year low of 6.50 percent on Tuesday.
Growth in India is expected to remain strong and stable in 2015
In its interim order, the court also said use of National Council for Educational Research and Training books be made mandatory.
Stepped up public expenditure must be accompanied by focused policies, advises Vinayak Chatterjee.
There will very little direct impact from the US Fed's rate hike this time, as we are well prepared both to handle liquidity, outflow of FII funds and managing our currency. But that doesn't mean India will be out of the woods anytime soon, says M V Subramanian.
'The Himmatsinghji Report is still 'missing'.' 'It is a great loss for the knowledge of India's borders.' 'It would have an immense value at a time China is bound to shift its attention to other border fronts in the Himalayas,' notes Claude Arpi.
'Is Trump going to play a mediating role? Can he play a mediating role? It's out of the question.' 'Kashmir is an Indian responsibility.'
'I had expected them to fight this election on the issue of development, but they are not doing that.' 'Now they have decided to belittle Gujarat's development.'
Local businesses are fretting over reform setbacks.
One of the urgent tasks ahead for the new government should be to improve public trust in the executive.
'The challenge in India will be reviving consumption/investment.' 'If the negative surprise in earnings is very sharp or lasts longer than March, it can trigger a sharp sell-off.'
A cut in rates would have encouraged the banks to lend aggressively on the retail front.
Realtors expect BMC's 'single window' clearance to be a game changer, leading to correction in property prices.
A strengthening dollar, rising interest rates, tightening liquidity and a surge in oil prices - all are combining to create a toxic atmosphere for EM assets, says Akash Prakash.
For 2017-18 and 2018-19, investors are better off focusing on the quality of measures announced in the Budget and outside it rather than on the Budget numbers themselves, says T T Ram Mohan.
India's growth, he said, remains resilient with low inflation, fiscal prudence and low current account deficit, talking about robust structural reform measures.
Demonetisation hit informal sector hard and caused job losses which was not addressed by the budget, Moily said.
Rahul attacked Modi and BJP, alleging that 'politics of divide and polarisation is radicalising people in India'.
The impending default on the IMF loans leaves Greece sliding towards an exit from the euro.
Bilateral investment flows have grown immensely with foreign direct investment into India from the US reaching $28.2 billion last year.
Hard selling India as an investment destination at the WEF, Modi said the government is following the principle of reform, perform and transform.
The Child Protection Services programme under the Integrated Child Development Services was increased to Rs 1,500 crore from Rs 925 crore.
'Alas, in this scheme there is nothing to stop the black money flows of the future.' 'On the contrary Modi has sown the seeds of more, through the issue of Rs 2,000 notes.' 'But have you heard one politician decrying this aspect of the scheme?' 'They must be secretly rejoicing that while Modi is taking away their past, he has not shut the door on their future,' says banker S Muralidharan.
The duty reduction in feedstock would strengthen the domestic manufacturing in India making it more competitive leading to surge in exports of finished goods.
The challenge of cleaning up the taxation system and introducing the goods and services tax (GST) regime cannot be underestimated.
Stocks to watch: BHEL, L&T, IRB Infra and Suzlon
'He was asked to do the KYC again because the earlier exercise would not do as they were 'computerising.' 'Getting the records transferred to the reluctant computer would take time and so he was advised to come a few weeks later.' 'My only prayer is that post offices will survive the modernisation process with at least some customer base intact,' says Subir Roy.
RBI is expected to discuss about the impact of GST in its monetary policy.
The blockchain, the public ledger that tracks every bitcoin transaction, is changing commerce as we know it, says Devangshu Datta.
Pooling will also kick-start projects of Reliance Power, Torrent, Lanco.
