Assessing the shape of the Indian economy just a couple of days ahead of the Union Budget for 2016-17, Saugata Bhatacharya, senior vice president and chief economist, Axis Bank, speaks about his budget wishlist and suggests measures that can help finance minister Arun Jaitley achieve the targeted fiscal deficit of 3.5 per cent of India's gross domestic product.
Partial dismantling of subsidies, movement towards a more transparent policy on natural resources and moves to make India more inviting for foreign investors, are some of Modi government's big achievements.
'The macro-economic stresses -- high interest rates, rupee depreciation and capital flows -- have receded now.' 'Interest rates have come down, inflation is down and the rupee has bounced back.' 'If oil prices continue at this level, there will be no vulnerability.' 'Growth is a different story.'
The move will catapult Disney as the country's largest media and entertainment broadcaster, with over $1.3 billion of additional India revenue.
The kind of people Narendra Modi has chosen, the decisions he has taken and the rail and central budgets suggests that he is treading carefully in New Delhi. There is less of innovation and more of continuity, so far. He is not ready to rock the boat and start from scratch, says Sheela Bhatt.
IOC inspectors who visited last year warned that unless the pace of construction picked up soon, some arenas may not be ready in time to host test events ahead of the Games.
A budget is nothing but a tool to keep your spending under control and ensure that the monthly expenses are lower than your monthly income. Here are some tips on how you can make your budget work
'Modi is likely to make more announcements to win or retain popularity, and put himself at the centre of things even more than now,' says T N Ninan.
Start now, and sail through your tenure like a pro!
In a nation divided by many things, the 12-digit unique identity number is holding lives to ransom.
More punitive action was needed against the company and the management, say experts
Rama Krishna Sangu, partner, Manohar Chowdhry & Associates, Chartered Accountants, and a member of the Indirect Tax Committee of ICAI, fielded readers' questions on GST on Rediff Chat.
'Our priority will be to settle land disputes in Bihar, which I believe is the root cause of almost all crime in the state.'
The first stage of the inclusion strategy was focussed on opening bank accounts, logically seen as creating the last-mile channels for financial access.
The need to allow government shareholding in public sector banks to come down below 51 per cent
The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.
Angry Congress members staged a walkout during Modi's address.
Having faced a debacle in four Assembly elections recently, the UPA government is exploring ways to woo voters before the coming general elections - without deviating from the path of fiscal consolidation.
The patience, discipline, and resolve displayed by 125 crore Indians, will play a critical role in shaping the future of the nation for years to come, the PM said.
'According to a powerful section of the Congress the vote was anti-Congress, anti-dynasty and pro-Modi, in that order. They say Modi won because he represented and completely played upon "Bhartiyata".' 'Sonia is being accused, privately, of protecting her son at the cost of the party's interest.' 'For the first time ever, 24 Akbar Road, the Congress headquarters, is assessing the "neeyat (intent)" of the Gandhi Parivar, which has never happened before.' A Rediff Correspondent lifts the veil off the churning within the Congress party in the wake of the party's rout in the election.
Privatisation is still regarded as beyond the pale but public-private partnerships have gained in popularity.
This lawsuit will have no bearing on its fund-raising exercise as a deal is already in final stages
The banking, financial services and insurance sector was the most targeted by scamsters, says Indeevar Krishna, head, operations and customer service, Max Life Insurance
What if you could have an option apart from personal loan in times of crisis?
Sahara and its founder Subrata Roy have been under scrutiny for years over its financial products, including for possible money laundering.
Loan rates will change at the next reset, while deposit rates will continue till maturity.
It was a multi-million rupee scam whose extent and reach are still being unravelled, so why did the chief of the scam-tainted Saradha group Sudipta Sen plead that he was unable to pay Rs 30,000 as bail fee? Where could all the money have gone? Indrani Roy finds out.
Given the history of the trial proceedings, and the documents that the judges and lawyers in the appeal courts have to read at every stage, Jayalalithaa's bail plea, when moved, will take time to be decided, placing a question mark over the party's electoral prospects in 2016.
Budget is widely seen as a test of Prime Minister Narendra Modi.
The celebrations after the 2017 World Cup went on for the next few months. But there was one question that the Indian cricketers failed to respond to in their interviews. 'What was their next assignment?' Nobody knew; the players were waiting for the BCCI to tell them. The BCCI, with barely any time from its endless legal tangles, had nothing in mind immediately. The likes of Australia and England were back on the field, battling it out in the Ashes in front of sizeable crowds. But for Mithali Raj and team, there was no road ahead.
Apparently resorting to a pacifier after the Maharashtra Navnirman Sena agitation on toll collection, the state government on Thursday assured party chief Raj Thackeray that it would draft a new policy on the issue before the model code of conduct for the Lok Sabha elections comes into force.
More people will be literate, on the Internet, linked to the national identification scheme and likely to receive electricity, especially from alternative-energy sources.
NDA under Mr Modi is as focused on the rural poor with doles and hand-outs as the UPA under Dr Singh was.
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
'Despite frequent high-level interactions there has been little traction on substantive issues between India and France,' says Mohan Guruswamy.
This is the first time the fight is between mother and son. Both sides don't look in the mood to relent: Advisors and spin doctors have been hired, lawyers have been consulted.
A $28,500 deposit was made to the account of slain gunman Syed Farook, a media report has said.
Who will make the most of the disruptions of 2016 this year? Mihir Sharma's list of probables.
The government has opted for the RuPay debit card over the Aadhaar-based platform for "last-mile" authentication in its Pradhan Mantri Jan Dhan Yojana.
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