India has become the fourth largest economy in the world due to a strong economic growth but still has a low per capita income, the Economic Survey revealed.
In a live chat on rediff.com on Wednesday, July 16, 4 pm, Feroze Azeez, will offer some valuable suggestions on investments.
'The finance minister and the government have met the immediate challenge. The wine this time is new and also in a new bottle, which, though not full, is less than half empty.'
The initiatives intended to benefit the common man include e-ticketing, catering on demand, bio-toilets, food for infants, better stations.
India's budget could have been more ambitions on the fiscal front.
India's favourite Maruti Suzuki has captured the top four slots on the list.
The record of other prime ministers too shows how much can change when a prime minister is faced with the two-year challenge, says T N Ninan.
The comments assume significance in view of the charges faced by HSBC
Narendra Modi has made it easier for businesses to buy farm land.
Vistara launched first flight from Hyderabad to New Delhi on Sunday.
The Union Budget announcement of a minimum support price (MSP) that will be 50 per cent more than the cost of production has started a debate on the calculation of cost. Ramesh Chand, member, NITI Aayog, speaks to Sanjeeb Mukherjee on this and related issues.
Ajay Singh would infuse Rs 1,500 cr in SpiceJet.
Though India has been one of the best-performing markets in the last two months, it has lagged some of its emerging market peers such as the Philippines, Thailand and South Africa.
Another major development is REITs coming closer to reality
Senior New Delhi-based journalist R Rajagopalan, who has been closely following the Union Budget preparations since 1977, lifts the veil off India's most secretive operation.
Finance Minister Arun Jaitley takes a protectionist stance in favour of domestic companies, increases customs duty on certain products.
Prime Minister Manmohan Singh on Monday described as "well-balanced" the Vote-on-Account presented by Finance Minister P Chidambaram, saying it portrays a "realistic picture" of the economic situation of the country.
India will reduce tax on businesses to 25 percent over four years.
SpiceJet's original promoter is closer to taking the management reins.
High fiscal deficits raise inflation which hits the lowest income and salaried classes.
Finance Minister Arun Jaitley said Sebi would develop new products in the commodity derivatives space apart from taking steps to deepen the corporate bond market.
The Reserve Bank of India (RBI) lowered its policy repo rate by 25 basis points to 7.5 percent on Wednesday.
The deal is the first major bank takeover in 4 years
Cement, coal, steel and urea prices are likely to go up
This was on the expected lines after Trinamool Congress chief and West Bengal Chief Minister Mamata Banerjee played a major role in getting the former Railway Minister Dinesh Trivedi resign.
What is required from government is intellectual framework.
Modi said South America has tremendous potential.
In the 12-month cycle starting July 2013 and ending June 2014, World Bank had made financial commitments close to $5.2 billion in India.
The government will not bring down its ownership in public banks.
Sikka said various people including his wife, family members, alma mater, friends and teachers have played the role of anchors to impart wisdom and clarity to his decisions.
In all, 25 Chairman-cum-Managing Director (CMD) posts, 8 MD posts and 2 Chairman posts are lying vacant, according to a written reply by Minister of State for Heavy Industries and Public Enterprises P Radhakrishnan in the Lok Sabha.
The project includes a 300 kms rail line connecting Adani's planned Carmichael Coal Mine, Northwest of clermont, to the Abbot Point Coal port, near the Great Barrier Reef.
Move to help India export hi-end vehicles.
Software product revenues seen at only $6.1 bn in FY15
Onion prices have been rising due to speculation amid anticipation of below normal monsoon despite sufficient supply in the country.
Strategic sales are tricky and were last undertaken when the Vajpayee government was in power.
As for structural reform, there are signs if one looks hard enough.
Train running information system will be installed at rail premises to facilitate dissemination of information about trains on real time basis.
These are valuable suggestions and one hopes the Budget will make a start on that.
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