Market experts on why the bulls will be on the rampage first thing on Monday after the scrapping of enhanced surcharge on FPIs and other measures to ease the systemic liquidity squeeze and boost demand. Prasanna D Zore reports.
The government on Monday proposed income tax benefits for people making payments through credit or debit cards and doing away with transaction charges on purchase of petrol, gas and rail tickets with plastic money.
If money allocations, investment commitments are a sign of better things to come, the state can be optimistic.
A revival in investment is likely to be a key near-term initiative.
Company plans to raise the contribution of Indian private sector to its revenue from about 15% to about 50% in two-three years.
According to BJP strategists, PMJAY and the PM Ujjwala Yojana will form the nucleus of the Modi government's re-election campaign.
Indian economy about to take-off
Poor performance of the banking, oil and exploration industries have impacted corporate tax collections.
There is no clarity yet on how an estimated 10.9 million new jobs would be created every year.
It is time to take a few macroeconomic risks to kick start the growth.
In a bid to bring Pakistan's powerful Inter Services Intelligence under civilian control, the Senate has recommended an effective role of Parliament in monitoring it while giving the spy agency power to arrest and detain.
The industry employs about 10 million workforce.
Only Rs 16,050 crore out of the Rs 15.44 lakh crore of the old high denomination notes have not returned.
The BJP's manifesto for UP elections promised many things. But, given the state's precarious financial position, fulfilling these promises is likely to prove tricky, says Ishan Bakshi.
Charging NGOs like Greenpeace with violating Indian laws, the RSS on Sunday called US as "the global police of democracy" and questioned its defence of the two organisations.
The plan of UID/Aadhaar-based surveillance does not end with the collection of fingerprints and iris scan, it goes quite beyond it and poses a lethal threat to the idea of India, says Gopal Krishna.
In its essence, GST is a national level system of value added taxation of goods and services, says Shankar Acharya.
'The Indian economy has been subsidised by the poor.'
Indian ranks fifth in the world according to a report that ranks the strength of 20 countries according to weaponry, including tanks, aircraft, helicopters and submarines.
'The Naga Hills region, Nagaland and Manipur, have had the most uncaring and corrupt state governments with little to show on the ground despite the nation's highest per capita development expenditure,' says Mohan Guruswamy.
'While GST and demonetisation are likely to cause disruption for longer than the market currently expects, they can have meaningful positive impact over the medium-term.'
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The agency has kept its FY15 growth forecast unchanged at 5.6 per cent.
The Left unions want concrete action and not just 'assurances'.
Currently women are allowed in a number of select areas including in medical, legal, educational, signals and engineering wings of the army.
With rest of the world showing no signs of growth and headwinds ahead for US growth, chances are that we might continue to see central banks pumping money into their economies
In a maiden initiative, the Election Commission has introduced e-filing of affidavits by candidates for the forthcoming Lok Sabha and assembly polls.
A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.
The fund allocated for pulses buffer is more than 40% of entire farm ministry's 2016-17 budget.
Aadhaar, an ambitious initiative of the previous government, has been used to initiate mandatory attendance for government officials, prisoner identification and by linking it to passports, mobile SIM cards and provident fund accounts.
There are tell-tale signs of a slide in the quality of Budgets presented by the current administration, says Parthasarathi Shome.
In a few years from now, India will be looking at an entirely different type of military adversary across the borders, in our waters, in the air, in space and in our communication networks, says Nitin Pai.
Whilst substantive public allocations have been made in the infrastructure sector, this strategy is plateauing due to the fiscal deficit constraint, capacity limitation of statal implementing agencies, the declining ability of PSUs, and the precarious situation of the Railways' operating ratio. It is, thus, high time to get the policy compass to point at rejuvenating private sector investments in infrastructure, says Vinayak Chatterjee.
Budget is a populist one, wil lbeneift common people
The Comptroller and Auditor General on Friday rapped space agency Indian Space Research Organisation for allowing a foreign private satellite service provider to park its satellite in an orbit slot meant for Indian satellites in violation of nation's SATCOM policy and extending "undue benefit" to a foreign firm.
Duvvuri Subbarao recounts how his tensions with P Chidambaram and Pranab Mukherjee, then finance ministers, over monetary policy spilled over into other issues in the central bank in this excerpt from Who Moved My Interest Rate?, his memoir of his term as Reserve Bank of India governor.
Move to hasten rollout and, if successful, set a precedent for new banking firms.
'You cannot judge a government within a month. Give us five years' time.' 'At times, strict economic decisions have to be made for the good of the poor in the long run.' Dharmendra Pradhan, one of the Modi government's stars, speaks exclusively to Sheela Bhatt/Rediff.com about why the government is forced to roll out 'bitter medicine.'
For the past few weeks, the government has been in an overdrive, pushing stuck projects with the larger aim to improve the country's economic growth, which had fallen to a four-year low of 4.4 per cent in the first quarter of this financial year.
Agriculture, which accounts for 14% of GDP grew at 3.2% in the quarter
The notes argue that it will widen the talent base available to govt to deliver increasingly complex services to a demanding population.
