The Enforcement Directorate has managed to sniff out over Rs 9,000 crore as suspected haul from money laundering in a decade, but it has yet to link those against anyone successfully in a court.
Deepak Parekh, chairman of Housing Development Finance Corporation (HDFC), India's largest mortgage lender, says the exuberance in industry about the new government is justified but big ideas articulated by the prime minister need speedy implementation.
The shift to gross calorific value-based grading of coal aligned domestic prices with international benchmarks.
The government is beefing up enforcement against tax cheats in real estate sector, says Panagariya
'The mood in Beijing is already nervous and feverously watchful.' 'Developments in China will be scrutinised as intensely and nervously as the ones in Washington,' says Claude Smadja.
Indian Railways (IR) will transfer existing assets at nominal values, invite bids and grant concessions for 10-15 years.
The choice clearly is between prompt corrective action and slow but sure destruction, says Tamal Bandyopadhyay.
Sahil Kapoor of Edelweiss Retail Capital Market Research says that setting up a monetary policy committee should have been the first step. And the central bank could have moved towards a formal inflation targeting mechanism after the processes and data sets are in place.
Railways must pull back its share of freight traffic.
Markets were left high and dry last week, as the 'Monsoon Effect' played havoc on trader sentiment.
Mr Modi must stop talking, and start writing
"I am an academic and I have always made it clear that my ultimate home is in the realm of ideas," Rajan said in a letter to staff.
The National Democratic Alliance government's parliamentary managers have a busy weekend ahead, says Rediff.com contributor Anita Katyal.
Congress insists on sending legislation to select committee, says will support it in winter session.
'At the previous 18th party congress, Xi vowed to protect China's 'core' interests.' 'As a result, India faced a barrage of serious incidents on the borders with China -- at Depsang, Chumar, Pangong Tso and Doklam.' 'New Delhi will watch closely the political signals emanating from Beijing this week,' says China expert Srikanth Kondapalli.
Nobutaka Kitajima, chief investment officer -- equity, LIC Nomura Mutual Fund, tells Business Standard the reaction to the Fed's statements has been overdone and the current downturn has punished certain stocks much more than their inherent economic worth and business potential.
Are we adopting an idea whose time has come and gone? My feeling is, yes, says ex-banker C Joseph Chacko in the fourth article of the series on inflation targeting.
'If Indians are to be truly protected, Parliament must review and address these dangerous provisions before they become law.'
It is doubtful that our political masters are even aware of the features of the Model Law.
After one year in power, Prime Minister Narendra Modi is pretty much on the back foot, even if he continues to display bravado in his public pronouncements. He knows within his heart that he has wasted a lot of his political capital without getting much in return, says M K Venu.
Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.
80-85 per cent of about 700 major infrastructure projects within the Centre's domain have been delayed.
Finance minister Arun Jaitley has delivered a Arun Jaitley delivered a bold, far sighted budget
Headed by Urjit Patel, MPC for the fourth straight time kept the repo rate unchanged, at which it lends to the banks, at 6.25 per cent. The reverse repo, at which RBI borrows, will be 6 per cent.
The government also said it will hold consultations with the airlines to explore the possibility of curbing the menace of charging exorbitant airfares during emergency situations.
The Budget has evoked mixed reactions from Silicon Valley investors.
Pradhan Mantri Jan Dhan Yojana and Make in India -- are not covered here.
He endorsed transparency and financial stability in addition to issues related to inclusive growth and development, write Puran Singh and Nupur Pavan Bang.
He has had a productive first year at the RBI -- one which saw, also, India's economic imbalances improve and the unexpectedly strong general election outcome.
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The catalyst is the run on emerging market equities, but many investors are just tired of waiting for India to get its act together.
'Good politics is not just staying in power. You cannot sacrifice everything at the altar of trying to ensure the coalition remains in power.'
The Modi government's array of economic policy has been impressive.
British India Corporation employs about 1,800 people
'Growth is predicated on the misery of large sections of people.' 'Maybe Hindutva will be used to suppress any such unrest.'
FY16 GDP growth was seen at 7.5%, against 8.1-8.5% earlier.
FIXES BY THE GOVERNMENT: Energy price fixed, tax issues linger.
Greeks greeted news of a deal with creditors on Monday with a measure of relief mixed with much anger.
'Tata may have sensed that the suddenness of the decision to replace Mistry would become controversial and it was proper to keep the prime minister informed of the decision,' says A K Bhattacharya.
Indian economy about to take-off
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