Tech Mahindra, the fifth largest IT exporter, is treading cautiously on the domestic turf, especially in hunting for government contracts, as it sees implementation a "grave risk" in this area.
It raises three major questions - the incentive compatibility issue, the fairness issue and fiscal challenge, said Panagariya.
The government plans to raise resources to finance capital spending beyond the Rs 3.10 lakh crore budgeted for 2017-18 through higher borrowing or divestment receipts.
Indian industry will have to deal with high raw material prices, and user industries will see their costs rising though with a lag in some cases.
'What the price will reveal, since the India specific capabilities haven't changed since 2013, is how much the Modi government padded up the cost,' points out Mohan Guruswamy.
During an interaction -- Shiksha: Dasha Aur Disha -- with university students at the Jawaharlal Nehru Stadium, Delhi, he also alleged that the country's wealth is "concentrated" in the hands of "a few people".
EM asset classes could rally if the pace of US Federal Reserve rate increases moderates.
The new MSP would worsen, rather than rectify, the two most pressing problems of Indian agriculture: Wastage of water from all sources and a tendency towards monocropping, says Shreekant Sambrani. On the other hand, a simple-minded recourse to them without a host of supporting measures could well exacerbate not just agriculture, but the overall economy as well, says Shreekant Sambrani.
Describing his maiden experience of overseeing the organisation of a Test match as an "interesting experience", high court-appointed observer Justice Mukul Mudgal said it feels like a 'daughter's marriage'.
The ruling party sharply countered the comment, saying the Congress had "demeaned and defamed" Hindus of India.
Arun Jaitley had a tough fiscal hill to climb.
The govt would also be coming out with more measures to deal with inflation.
Tightening the procedure for official foreign visits by bureaucrats, the Centre has said that proposals for trips abroad should go through the Prime Minister Office and screening committee of secretaries for approval.
CAG, in the third round of audit of KG-D6 as well as three other oil and gas fields, on November 11 wrote to RIL seeking records to audit spending in 2012-13.
India is set for decent growth in 2015.
The capital markets regulator has incurred litigation expenditure in the range of Rs 4-5 crore (Rs 40-50 million) in each of the past three financial years, while such expenses could be even higher in the current fiscal ending this month.
Chief ministers of states like Andhra Pradesh, Kerala and Karnataka were among those who raised the issue of loan waver scheme for farmers.
The challenge before the government now is to use the factors that are favourable to its benefit.
The recommendation, if implemented, is likely to face opposition from the government's key support base among Hindu traders and businesspersons.
The Karnataka high court will hear jailed former Tamil Nadu chief minister Jayalalithaa's application on Wednesday seeking immediate bail and suspension of conviction and jail sentence in the disproportionate assets case.
The centuries-old Takhat Shri Harmandir Saheb Gurdwara at Patna Saheb, the most revered shrine for Sikhs after the Golden Temple in Amritsar, gets a much-needed facelift just before lakhs of devotees arrive to take part in the 350th birth anniversary celebrations of Guru Gobind Singh.
It also said that there was 'absolute absence of material that would create an apprehension in the mind of the governor' that President's rule needs to be imposed.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
'Kofi Annan will be remembered more for his Nobel Prize and related glory rather than Rwanda and Volcker,' notes Ambassador T P Sreenivasan with whom he worked in the UN.
The initiatives intended to benefit the common man include e-ticketing, catering on demand, bio-toilets, food for infants, better stations.
B R Ambedkar's fears about personality cults in politics and money power in elections seem to be coming true, says Nitin Desai
The macroeconomic environment has changed dramatically for the better.
'There is a special benefit in the matter being taken up by the Supreme Court rather than the high courts.' 'The orders of the high courts are limited, but the Supreme Court order is binding upon everybody.'
It is mischievous to imply that the proposed bill to grant citizenship to persecuted Hindus, Sikhs, Jains and Buddhists from other nations implies that Muslims and Christians are not Indians, says Sanjeev Nayyar.
There are chances of taps running dry and prices of fruits and vegetables spiking.
It would be a good idea to create independent oversight committees for each regulatory institution and indeed, even for their appellate bodies, says A K Bhattacharya.
'Mamata's fascination with stars is so deep-rooted that she uses her clout as chief minister to get close to them.'
Railways, rural infrastructure, urban rejuvenation, solar and transmission and distribution of electricity are the new priorities, says Vinayak Chatterjee.
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.
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.
Angus Deaton's Nobel Prize should spark off more research on the measurement and usefulness of poverty percentages.
The World War I had been triggered by an assassination in then relatively unknown Serbia.
The column marked 'miscellaneous' in statements of accounts of Non-Governmental Organisations who receive foreign funds is turning out to be a headache for the Indian authorities. Vicky Nanjappa tells you why
While some CMs suggested reopening economic activity in phases, others pitched for the extension of the coronavirus lockdown, but with a carefully crafted exit strategy
'Given the current fear that the government is going to appoint judges who were in line with its ideology, there should be full disclosure in Parliament about the details of every judge appointee,' Indira Jaising -- the first woman to be appointed additional solicitor general of India -- tells Geetanjali Krishna.