.jpg)
Amid fears of a downgrade from ratings agencies, the finance ministry is gearing up for a visit of Japan Credit Rating Agency officials on September 6.
The macro economic situation and currency depreciation might top the priority list of Reserve Bank of India (RBI) governor-designate Raghuram Rajan.
The new tax regime proposed by the Modi government may not have acceptance from all corners.
The original idea was to replace the existing schemes for scheduled castes and tribes.
Narasimha Rao's 'crime' was to end 'proprietary control' of Nehru-Gandhi family on the party, according to a new book.
Union Commerce and Industry Minister Anand Sharma takes on Narendra Modi, says: Gujrat cannot be sold as a model state as it has many flaws.
By castigating the reforms themselves because of the remediable and reversible defaults here and there in carrying them out, Yashwant Sinha is throwing out the baby along with the bath water, says B S Raghavan.
The two companies have approached banks to raise up to Rs 8,000 crore as debt to fund their expansion plans.
Retirement fund body EPFO's trustees on February 5 will decide on amending its scheme to provide a minimum monthly pension of Rs 1,000, which will immediately benefit its 27 lakh pensioners.
India's fiscal deficit trends are a bit like an alcoholic trying, unsuccessfully, to reform. Virtue does not last for too long, says Shankar Acharya.
Meet to review progress on lending, impact of recent rate cuts and what is being done on NPAs, among other things
Here's everything you need to know about the Goods and Services Tax Bill.
It is time to pack up, sir! Please resign and save some honour of the Lok Sabha, an anguished Sheela Bhatt reports from the Lok Sabha press gallery after watching the shameful goings on over the tabling of the Telangana Bill.
Outcome of Assembly polls in five states will set the tone for the winter session of Parliament beginning on Thursday though the government has listed a heavy legislative agenda and opposition is demanding extension of the 12-day sitting.
There is much work to be done to design a good GST.
Entities reluctant to get into new segment till settlement and margin issues are addressed
Anand Sharma said the PM 'does not have humility' and has not indicated that he will reflect and correct the course by either withdrawing his words 'insulting' Indira Gandhi based upon a 'fabricated report'.
The government had last week decided to set up the 51 airports to enhance air connectivity to small cities in Andhra Pradesh, Jharkhand, Bihar, Punjab, Uttar Pradesh, Assam, Arunachal Pradesh, Madhya Pradesh, Rajasthan and Maharashtra.
He also lashed out at the Congress for its opposition to the GST and for dubbing it as 'Gabbar Singh Tax'.
'The disquiet in the Sangh is, of course, over demonetisation.' 'But more than that, it is about the growing centralisation in the running of the government and party,'
Congress is opposing the GST bill in the current form.
If India has more billionaires than before, it is because the Indian economy began to look more attractive to FIIs, notes T N Ninan.
States are apprehensive of losing their rights to raise revenue during emergencies.
According to data culled by PRS Legislative Research, Singh has asked 13 questions in the Lok Sabha in its proceedings up to the last budget session, while the average is 69.
RBI's draft guidelines prescribe that banks with a strong capital base and NPAs below 3% can become brokers.
Bankers claim they have received good response to the roadshows held abroad for Coal India, IndianOil and PowerGrid.
Contrary to the bragging that marked its two-year anniversary, the government's timidity on reform is simply astounding.
On Tuesday, Finance Minister P Chidambaram had more than adequately made clear that the government would be allocating Rs 14,000 crore through Budget, the Financial Services Secretary said.
The Reserve Bank on Friday said the economy would grow by 5 to 5.5 per cent in the current fiscal, pinning its hopes on good farm output and improved exports.
Reform ideas do not occur overnight and evolve over the years.
The reason behind issuing new bank licences is to allow more private sector entities to set up banks
Cash withdrawal limits likely to continue
Tamil Nadu has time and again proved that it needs a decisive leader even if corrupt, rather than an indecisive leader, however good-hearted, good-natured and honest he may be, writes N Sathiya Moorthy.
Vodafone's long-pending tax dispute with the government might be heading for a resolution, with the finance ministry considering changing the Income-Tax Act's retrospective amendment and taxing indirect transfer of assets prospectively from 2012, the year the law was clarified.
The decision in this regard, however, is expected to be taken by the new government.
Taxpayer satisfaction is a part of the matrix of key performance indicators of the administration.
'Let us also not expect that there will be a clean break with the past, much though the new government might like to think about it. In a functional democracy that is neither feasible nor desirable. But basic change it must be,' says Shreekant Sambrani.
