Ex TRAI chief says Manmohan Singh warned him of harm on 2G issue
With mutual funds, promoters turning net-buyers, foreign investors may have to bid up prices to raise holdings.
We can hope that some of the benefits of the rural spending - on irrigation, roads, etc -- will spur rural demand and improve rural productivity, says P V Subramanyam.
We can hope that some of the benefits of the rural spending - on irrigation, roads, etc -- will spur rural demand and improve rural productivity, says P V Subramanyam.
We can hope that some of the benefits of the rural spending - on irrigation, roads, etc -- will spur rural demand and improve rural productivity, says P V Subramanyam.
Finance Minister Arun Jaitley has said that the states were free to announce farm loan waivers if they had the fiscal space and that there would be no shortfall this year in divestment and non-tax revenues.
Universal basic income or social security? Economist Nitin Desai feels we need a blueprint for universal health care and pensions to help the vulnerable section.
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 Budget would preserve macro-economic stability.
There will very little direct impact from the US Fed's rate hike this time, as we are well prepared both to handle liquidity, outflow of FII funds and managing our currency. But that doesn't mean India will be out of the woods anytime soon, says M V Subramanian.
By castigating the reforms themselves because of the remediable and reversible defaults here and there in carrying them out, Yashwant Sinha is throwing out the baby along with the bath water, says B S Raghavan.
The primary problem is that India's garment factories are too small and they typically have 150 people and about 80 machines.
The government has unleashed a slew of reforms to attract greater investments including higher foreign direct investment in defence and opening up the railways infrastructure sector, relaxed labour laws, launched campaigns like the Make in India for re-invigorating manufacturing, Clean India and Digital India, among others.
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
In last few years, a number of global players have exited the Indian mutual fund business.
A sovereign bond float continued to be among the range of options to address the current account deficit (CAD), Finance Minister P Chidambaram said on Tuesday, even as former Finance Minister Yashwant Sinha asked him to tell Parliament the Centre would not countenance that measure.
With outlook uncertain for a range of sectors, no one is quite sure of where to invest in stocks
Rajan's deputy Khan cautions against early celebration of falling inflation, unhedged forex exposure.
BJP's success in two state elections gave Modi room to cut through a thicket of regulations and state controls.
Finance Ministr Arun Jaitley will have to do a balancing act to manage fiscal prudence.
For India, it is business as usual with the government muddling along.
Finance Minister must be hoping that Indians get over gold-addiction.
This year's investment in equities would be one the highest
If oil prices rise, the government would face an uncomfortable political decision.
The economy hasn't gathered even half the traction that some of us assumed it would just a year back.
India must reckon with the possibility that it will struggle to attract higher overseas investment.
Index heavyweights Reliance Industries, HDFC and Infosys were the top Sensex gainers.
Modi government has to come up with a robust economic agenda to impress the masses.
Hitting GDP growth of more than six per cent will require substantial foreign direct investment, especially if household savings largely continue to remain locked.
'I am quite optimistic that sooner or later, my wishful thinking would turn into a reality.' The only hitch is that the INC president's own career ambitions may be hurt if the Congress merges with the BJP,' says Sudhir Bisht.
Arun Shourie, a minister in the Atal Bihari Vajpayee Cabinet, has hit out at the Narendra Modi government, saying its economic policy was "directionless" while the social climate was causing "great anxiety" among the minorities.
The new series claims GDP grew at seven per cent between April and June 2015, while gross value added (GVA) grew at 7.1 per cent.
There are a couple of proposals, however, whose goals are not easily achievable.
Union Budget had projected the fiscal deficit at Rs 5.56 lakh crore.
'On the tax front, most of the Budget proposals are sensible'.
The government has at last commenced important structural reforms.
As for structural reform, there are signs if one looks hard enough.
The Survey projected growth rate of 7-7.75 per cent for 2016-17 with downside risks due to weak global economic scenario.
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.
Pharma major Lupin and mortgage lender HDFC were the top losers.
