Oil and gas players' wish list includes incentivising E&P investments and reintroduction of income tax holiday for exploration and production activities, among others.
The Modi PMO is like none other: It is staffed by people who are so low profile that the only dominant personality is the Prime Minister's.
Sectors throw up a wishlist for the Finance Minister.
RBI must balance the need for improving domestic bank credit demand and respond to lower inflation.
Budget was a mild disappointment. Yet, the bull run continues.
Though not a blockbuster budget it does not undermine the fact that key issues were addressed and the finance minister certainly did not under-deliver, says Vatsal Srivastava.
'Four years into his tenure and Modi still has no idea what is wrong with the agriculture sector!'
The sector requires proper implementation of policies, coupled with reasonable taxes and improved basic infrastructure.
'I think governments -- whether this one or the ones earlier -- have not understood the strength of the Indian Railways... that it can easily add 2.5 per cent to GDP.'
'This is such a dynamic time for our entire community.' Ami Bera tells Aziz Haniffa/Rediff.com what his selection means for desis in America.
In India we have to be careful not to copy any level of dependence on the financial sector and infatuation with the get-rich-quick syndrome, says Jaimini Bhagwati.
Rio can still pull off a dazzling Games, but organizers are scrambling to sell some 1.7 million tickets, or 28 percent of the scaled-back total made available for sale.
A day after deciding to nearly double natural gas prices to $8, Finance Minister P Chidambaram on Friday hinted that power and fertiliser units may get gas at subsidised rates to keep electricity and urea costs down.
The 30-share Sensex jumped 729 points to end at 28,076 and the 50-share Nifty soared 217 points to end at 8,494.
Chief Economic Advisor Arvind Subramanian's interview.
It is surprising that central bankers around the world have cautioned the US Federal Reserve against raising rates.
A combative Congress President Sonia Gandhi on Wednesday mounted a blistering attack on Prime Minister Narendra Modi, accusing him of running a government "of some people, by one person for a select few" and said he has not much to showcase even as the government completes one year.
The top losers from the Sensex pack are ONGC, Coal India, Vedanta, Reliance Inds and L&T.
Investors also appreciate the role being played by the founders; analysts, too, remain unperturbed.
Modi is the first foreign leader to be invited to the palace by the Crown Prince, who appreciated the role played by Indian workers in the development of UAE as a modern nation, ministry of external affairs spokesperson Raveesh Kumar tweeted.
India and China on Friday agreed to set up a dedicated communication channel to boost security cooperation as Home Minister Rajnath Singh held talks with China's security czar on issues like cross border terrorism from Pakistan and the Afghan situation.
'I am doing all this for the students of Kerala, and when they come and hit me, it is very frustrating.' 'My regret is that something that could set off for the future has been thwarted.' 'We have not changed the syllabus for decades, we have not accepted norms in education and technology is hardly used. Today's students are studying what I studied decades ago.'
A fall in the rupee could boost exports. But the flip side of the equation is that a weaker rupee could stoke some inflation
The euphoria of Ab Ki Baar Modi Sarkar will fade quickly if the Modi government does not raise its game, and focus significant monetary resources and managerial skills on making India's infrastructure truly world-class, says Ram Kelkar.
'If, as appears to be the case, India is on way to 'mending fences' with China, and China is equally desirous to 'reset' the relationship, this could be a self-reflexive moment in India's positioning vis-a-vis not just the Dalai Lama, but also the Tibetan issue and China as a whole,' points out China expert Alka Acharya.
Infrastructure and inflation targeting are expected to be top priorities for the new Reserve Bank of India governor, says A V Rajwade.
India has never sought Dawood's extradition, the Pak high commissioner has said.
In peace and at war, firms remain tethered to promoter families in a uniquely Indian way.
Says licensing of new banks should be a continuous process instead of the current stop-go system
After helping the government in policymaking since October 2014, Chief Economic Adviser Arvind Subramanian is returning to academics and will be teaching at Harvard Kennedy School on a visiting position. In an interview to Dilasha Seth and Somesh Jha, he says the ease of doing business agenda needs to move forward and India must try to integrate with the global value chains. Edited excerpts.
Benchmark indices finished higher on hopes of economic reforms
While India has to curtail its side, those who do business in India have to be more conscious that they should be less part of the problems and more part of the solution, the business magnate said.
Most experts said indices would open higher on Monday and rally might sustain for a few sessions
'The armed forces have been given clear indication that they have to give priority to Make in India and indigenisation and dependence on foreign source should be reduced.' 'Almost Rs 90,000 crores contracts have been signed during my tenure. Another almost Rs 70,000 crores are in the pipeline.'
'The rupee falling from 69 to 72 was not normal or justified by the fundamentals.' 'And therefore I treat this as temporary.'
The comments come at a time when the Supreme Court-constituted Special Investigation Team has detected funds worth about Rs 4,479 crore (Rs 44.79 billion) held by Indians in a Swiss branch of HSBC bank, while unaccounted wealth totalling Rs 14,958 crore (Rs 149.58 billion) have been traced within home.
