News for 'Fiscal Balances'

Several open questions remain on GST

Several open questions remain on GST

Rediff.com26 Dec 2017

For the sake of transparency, and to reduce undesirable bond market volatility, clarity on these would be welcome, preferably before the budgets for the next fiscal year get finalised, says Neelkanth Mishra.

Jaitley pledges support to public sector banks

Jaitley pledges support to public sector banks

Rediff.com2 Mar 2016

Finance Minister Arun Jaitley said that at a time when the private sector has been somewhat conservative in investments, public investment always takes the lead.

Is Darjeeling Tea Losing its Fizz?

Is Darjeeling Tea Losing its Fizz?

Rediff.com9 Jun 2021

Scanty rainfall, last year's lockdown, growing competition from Nepal and the disaster of the 2017 Gorkhaland agitation are steadily weakening exports and sales of Darjeeling tea.

'Budget is growth-oriented, part populist & investment friendly'

'Budget is growth-oriented, part populist & investment friendly'

Rediff.com28 Feb 2015

Experts hail Budget 2015 as a progressive, growth oriented one.

Democrats' win in US mid-terms opens a door of hope for IT firms

Democrats' win in US mid-terms opens a door of hope for IT firms

Rediff.com21 Nov 2018

With Democrats having an upper hand in US Congress, the Donald Trump administration will find it difficult to come up with any future legislative changes with regard to visa regulations.

HCL Tech Q1 net up 32% at Rs 1,873 crore

HCL Tech Q1 net up 32% at Rs 1,873 crore

Rediff.com17 Oct 2014

India's fourth largest software services provider HCL Technologies on Friday reported 32.3 per cent rise in consolidated net profit at Rs 1,873 crore (Rs 18.73 billion) for the first quarter ended September 30 on the back of strong growth in Europe and business services.

'Losses of PSBs have wiped out govt's $13-bn infusion'

'Losses of PSBs have wiped out govt's $13-bn infusion'

Rediff.com1 Jun 2018

For state-run lenders, the average NPAs shot up to 14.5 per cent, with IDBI Bank, UCO Bank and Indian Overseas Bank having their NPAs at above 25 per cent.

The Problem with Modinomics

The Problem with Modinomics

Rediff.com17 May 2018

'In macroeconomic policy, timing is all, and by leaving things too late, Mr Modi may have made around 50 seats in the Lok Sabha highly vulnerable,' says T C A Srinivasa Raghavan.

Will PC fulfill Budget expectations?

Will PC fulfill Budget expectations?

Rediff.com25 Feb 2005

With only three days to go before Finance Minister P Chidambaram delivers the Budget in Parliament, market expectations with respect to reforms are running high.

'No magic bullet to agriculture reforms'

'No magic bullet to agriculture reforms'

Rediff.com9 Feb 2021

'Agri reforms need to go beyond the limited concerns of these three laws in improving agriculture productivity in cereal and crop diversification and production patterns.'

Sushil Modi's first priority is VAT

Sushil Modi's first priority is VAT

Rediff.com19 Jul 2011

Bihar deputy chief minister and finance minister Sushil Modi was on Monday elected the new chairman of the empowered committee of state finance ministers.

Economy to grow at over 5% in 2013-14: Mayaram

Economy to grow at over 5% in 2013-14: Mayaram

Rediff.com1 Oct 2013

Mayaram also said as of now, a shutdown of the US government is not likely to have a major impact on the Indian economy.

Average inflation dips to 6-yr low of 3.3% in 2017-18: Survey

Average inflation dips to 6-yr low of 3.3% in 2017-18: Survey

Rediff.com29 Jan 2018

The decline in inflation was broad-based across major commodity groups except housing and fuel and light.

ADB pegs India's growth forecast at 7.4% this year

ADB pegs India's growth forecast at 7.4% this year

Rediff.com3 Dec 2015

'India's economy faces further downside risks from sluggish private investment and rural demand weakened by slow wage growth.'

Budget session of Parliament to begin from Jan 31

Budget session of Parliament to begin from Jan 31

Rediff.com7 Jan 2017

While the session will begin with the President's address to the joint sitting of the two Houses, the same day the pre-budget economic survey will be tabled.

Correction is a chance to allocate more to equities: S Naren

Correction is a chance to allocate more to equities: S Naren

Rediff.com12 Feb 2016

India remains an attractive destination and the recent sell-off has made valuations attractive in the large-cap space.

BAD NEWS!  India's GDP to fall further, says RBI

BAD NEWS! India's GDP to fall further, says RBI

Rediff.com23 Jan 2012

The RBI-sponsored survey by professional forecasters has revised the growth projection for the current fiscal downward to 7 per cent, which is lower than the central bank's projection of 7.6 per cent.

India to boom at 9.5% for next few years: Moody's

India to boom at 9.5% for next few years: Moody's

Rediff.com3 Jun 2011

Terming inflation as the biggest challenge before the Indian economy, Moody's said the Reserve Bank should focus on controlling the price rise and added that maintaining the balance between growth and inflation would a test for policymakers.

American economist has a word of caution for PM Modi

American economist has a word of caution for PM Modi

Rediff.com9 Jan 2020

You may be popular initially because of politics and ideology but if the economy slows down, you will be losing your popularity: Nouriel Roubini.

Govt wants rate cuts to revive growth

Govt wants rate cuts to revive growth

Rediff.com25 Sep 2017

Lower interest rates needed to boost manufacturing, officials say.

PSU banks need more time to improve credit profile: Moody's

PSU banks need more time to improve credit profile: Moody's

Rediff.com13 May 2015

The overall debt servicing metrics of Indian corporates are weak.

How Abe enabled the India-Japan nuclear deal

How Abe enabled the India-Japan nuclear deal

Rediff.com15 Sep 2020

Prime Ministers Modi and Abe enjoyed a close and empathetic relationship and this certainly gave a sustained momentum to the India-Japan strategic partnership. It is necessary for India to reach out and engage with his successor as early as possible, advises former foreign secretary Shyam Saran.

Move forward on infrastructure, not back

Move forward on infrastructure, not back

Rediff.com5 Mar 2015

Shifting to a PPP model could repeat the errors of the past

Budget has set ambitious goals, clear vision

Budget has set ambitious goals, clear vision

Rediff.com3 Mar 2015

The Budget decides to take the lead in revving up infrastructure.

15th FC may hike grants, cut devolution to states

15th FC may hike grants, cut devolution to states

Rediff.com30 Jan 2020

Any reduction in devolution could aggravate the strained relations between the Centre and some opposition-ruled states on a number of issues, including CAA.

Inflation to fall to 7% by March: PM

Inflation to fall to 7% by March: PM

Rediff.com16 Feb 2011

He said inflation, particularly that of food, has been a major concern in recent months, but the government was trying to deal the situation without hurting growth prospects.

Manufacturing activity picks up pace in September

Manufacturing activity picks up pace in September

Rediff.com1 Oct 2018

This is the 14th consecutive month that the manufacturing PMI remained above the 50-point mark. In PMI parlance, a print above 50 means expansion, while a score below that denotes contraction.

Chidambaram confident of containing current account deficit below $60 bn

Chidambaram confident of containing current account deficit below $60 bn

Rediff.com5 Nov 2013

The deficit for April-June was at $21.8 billion or 4.9 per cent of GDP.

MPC votes 5-1 to keep policy rates unchanged

MPC votes 5-1 to keep policy rates unchanged

Rediff.com6 Dec 2017

The 6-member Monetary Policy Committee, headed by Reserve Bank of India Governor Urjit Patel, in its fifth bi-monthly review, kept the repo rate unchanged at 6 per cent and reverse repo at 5.75 per cent.

Rising crude may stretch CAD to 2.5% of GDP in FY19: Report

Rising crude may stretch CAD to 2.5% of GDP in FY19: Report

Rediff.com21 May 2018

According to SBI Ecowrap, every $10/barrel increase in oil price results in additional import bill of $8 billion.

The 5 men who will decide how funds get shared by Centre and states

The 5 men who will decide how funds get shared by Centre and states

Rediff.com28 Nov 2017

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.

What economic crisis will do to India

What economic crisis will do to India

Rediff.com21 Sep 2020

'This encourages escapism through the politics and economics of nationalism, made worse by tribalism or nativism, the package accompanied inevitably by the erosion of institutional bulwarks and therefore State capture by powerful businessmen,' notes T N Ninan.

How SBI plans to save Rs 1,000 crore

How SBI plans to save Rs 1,000 crore

Rediff.com14 Jul 2020

SBI chief Rajnish Kumar said the focus going forward will be on cost reduction, rationalisation and reskilling of workforce, improving staff productivity and redeployment of workforce from admin offices to sales roles.

For India's surging economy, small is beautiful

For India's surging economy, small is beautiful

Rediff.com10 Jun 2016

India has more than 45 million SMEs, accounting for nearly 40 percent of gross domestic product.

Will take appropriate call on lending rates soon: Bankers

Will take appropriate call on lending rates soon: Bankers

Rediff.com4 Mar 2015

Bankers have been criticised for not passing the benefits of rate cuts

Indian economy is going strong but headwinds prevail

Indian economy is going strong but headwinds prevail

Rediff.com29 Dec 2014

India is set for decent growth in 2015.

What Rajkumar Hirani, Amrita Rao think of the Budget

What Rajkumar Hirani, Amrita Rao think of the Budget

Rediff.com27 Feb 2010

What do the glitterati think of the finance minister's delicate balancing act? Here are seven famous voices...

Markets unlikely to see any pre-interim Budget rally

Markets unlikely to see any pre-interim Budget rally

Rediff.com25 Jan 2019

The government is expected to dole out some populist policies, especially for the rural / farm sector while presenting the interim budget, given that the country is heading towards general elections over the next few months.

IMF cautions India against domestic and external headwinds

IMF cautions India against domestic and external headwinds

Rediff.com12 Mar 2015

IMF attributes the slower growth rate to supply-side bottlenecks.