News for 'Fiscal Responsibility'

What Modi can learn from Abe

What Modi can learn from Abe

Rediff.com31 Aug 2020

Both have been robustly muscular leaders who began as immensely charismatic politicians conveying an impression that they were makers of history, raring to go. Both have been hyperactive on the world stage. But in the final analysis, Abe is departing on a sombre note, unceremoniously and apologetically, observes Ambassador M K Bhadrakumar.

'Don't bank on China alone for global growth'

'Don't bank on China alone for global growth'

Rediff.com22 Jul 2016

Chinese Premier Premier Li Keqiang said world economic recovery should not be driven by mainly China, but in concert with many countries.

IndiGo: Gangwal vs Bhatia spat resurfaces

IndiGo: Gangwal vs Bhatia spat resurfaces

Rediff.com7 Aug 2019

Gangwal said he will not vote in favour of resolutions that intend to expand the size of the board to 10 members. Gangwal wants a seven-member board.

Inflation, fuel prices and taxes

Inflation, fuel prices and taxes

Rediff.com3 Jul 2008

Revive growth by taxing fuels less and lowering interest for productive loans.

RBI alone can't enforce a fast banking turnaround

RBI alone can't enforce a fast banking turnaround

Rediff.com4 Jun 2018

While the RBI can nudge things along, ultimately bank owners must recapitalise and review internal processes to ensure that a culture of irresponsible lending doesn't continue, says Devangshu Datta.

Time for a states income tax?

Time for a states income tax?

Rediff.com17 Oct 2019

States could then stop complaining about the Centre and fashion their own economic destinies, says T C A Srinivasa Raghavan.

CCD board to probe Siddhartha's transactions, plans to monetise assets

CCD board to probe Siddhartha's transactions, plans to monetise assets

Rediff.com1 Aug 2019

Among other things, the company is considering monetising the Global Village tech park located off Mysore Road in Bengaluru, for which private equity major Blackstone was said to have shown interest.

How bad is deflation for the economy

How bad is deflation for the economy

Rediff.com11 Dec 2015

If oil prices rise, the government would face an uncomfortable political decision.

CSR regime begins on a disappointing note; 2/3rd cos miss target

CSR regime begins on a disappointing note; 2/3rd cos miss target

Rediff.com12 Jul 2015

However, RIL has exceeded the mandatory 2% prescribed limit, spending the maximum amount of Rs 761 crore

Modi govt faces 5 big economic challenges

Modi govt faces 5 big economic challenges

Rediff.com25 Nov 2015

The challenge of cleaning up the taxation system and introducing the goods and services tax (GST) regime cannot be underestimated.

Market turbulence: Advice for Investors

Market turbulence: Advice for Investors

Rediff.com25 Feb 2021

'Long-term retail investors should not worry about these sharp dips and jumps if they have chosen their stocks wisely.' 'Short-term volatility is a given and a rise and fall of two-three per cent should not worry them.'

Rio state declares financial emergency, requests funding for Olympics

Rio state declares financial emergency, requests funding for Olympics

Rediff.com18 Jun 2016

Emergency measures are needed to avoid "a total collapse in public security, health, education, transport and environmental management," a decree in the state's Official Gazette said.

FDI inflows jump 53% in last 2 years, says Jaitley

FDI inflows jump 53% in last 2 years, says Jaitley

Rediff.com29 Jul 2016

The loans taken have come down and hence the net capital inflow has reduced.

The legacy of Arvind Subramanian

The legacy of Arvind Subramanian

Rediff.com2 Aug 2018

The outgoing Chief Economic Advisor will always be remembered for his remarkable passion, his large imprint on policymaking and the high level of public debate he fostered

Jaitley unveils fire-fighting Budget to placate voters, sustain growth

Jaitley unveils fire-fighting Budget to placate voters, sustain growth

Rediff.com29 Feb 2016

A strong showing will be vital to Narendra Modi's chances of a second term.

World Bank bets on growth post notes ban

World Bank bets on growth post notes ban

Rediff.com11 Jan 2017

'We expect growth to increase in 2017, after this brief period associated with the change in notes.'

Indian economy, stock markets doing better than others: FinMin

Indian economy, stock markets doing better than others: FinMin

Rediff.com11 Feb 2016

Indian economy is doing well and the performance of domestic stock markets is not as bad as that of other nations.

Chidambaram blames govt for not scrapping retro tax

Chidambaram blames govt for not scrapping retro tax

Rediff.com28 May 2015

P Chidambaram accused the BJP of making a u-turn on bills like GST after having stalled them during the UPA regime.

How Modi can put the economy back on rails

How Modi can put the economy back on rails

Rediff.com3 Oct 2017

At this point of time, the requirement of the economy is obviously more investment, which will create more jobs and increase purchasing power that will sustain a high level of production, says K M Chandrasekhar.

'Not just minorities, everyone must feel safe'

'Not just minorities, everyone must feel safe'

Rediff.com29 Dec 2017

Rajasthan CM Vasundhara Raje breaks her silence.

It's obvious, Indian economy not in good shape: Manmohan

It's obvious, Indian economy not in good shape: Manmohan

Rediff.com30 Jan 2017

BJP is hiding behind a GDP number which is being challenged. People are not dazzled by it, but are asking 'where are the jobs?'

Good news! TCS plans to hire 5,000 more than initial target

Good news! TCS plans to hire 5,000 more than initial target

Rediff.com16 Oct 2013

After announcing the September quarter results on Tuesday which showed a 34 per cent increase in net profit to Rs 4,702 crore (Rs 47.02 billion), its chief executive officer and managaing director N Chandrasekaran had hinted at ramping up hiring for the fiscal.

Taxmen slap prosecution notice on Jet Airways for TDS defaults

Taxmen slap prosecution notice on Jet Airways for TDS defaults

Rediff.com12 Mar 2015

The airline has paid the TDS but mostly after the scheduled date.

A tragedy called President Trump? Not quite

A tragedy called President Trump? Not quite

Rediff.com7 Dec 2016

Protectionism and a rollback of regulation. Defusion of tensions with Russia and a lowering of geo-political risks. Looser fiscal policy and tighter monetary policy. At least Donald Trump can't be faulted for not trying something different where existing policies have disappointed, says T T Ram Mohan.

Air India to go for 'pay cuts' for staff from March

Air India to go for 'pay cuts' for staff from March

Rediff.com3 Feb 2015

Als0 looking to make its staff accountable for delay in operations

Rupee is undervalued, says K V Kamath

Rupee is undervalued, says K V Kamath

Rediff.com14 Sep 2013

Kamath said India's economic climate had started improving.

AAP govt presents Rs 53,000 cr budget; thrust on green initiatives, health

AAP govt presents Rs 53,000 cr budget; thrust on green initiatives, health

Rediff.com22 Mar 2018

This is the first "Green budget" of the government for effective containment of pollution in the city, the deputy chief minister said in the budget session of the assembly in the presence of Chief Minister Arvind Kejriwal.

Chidambaram faces toughest test of career

Chidambaram faces toughest test of career

Rediff.com22 Aug 2019

With the fall of Congress, Chidambaram's political graph too started moving southwards.

Ambani's pipeline firm sees its losses zoom

Ambani's pipeline firm sees its losses zoom

Rediff.com4 Oct 2014

But earnings of main private holding firm get a booster dose from RIL dividend

Trump administration proposes massive $190 million cut in aid to Pak

Trump administration proposes massive $190 million cut in aid to Pak

Rediff.com24 May 2017

Last year, the US assistance to Pakistan was $534 million.

Budget 2016: 6 takeaways, 1 lesson

Budget 2016: 6 takeaways, 1 lesson

Rediff.com16 Mar 2016

There are a couple of proposals, however, whose goals are not easily achievable.

Infosys Q4 net up 3.5%; revenue guidance below industry average

Infosys Q4 net up 3.5%; revenue guidance below industry average

Rediff.com24 Apr 2015

Infosys on Friday posted a 3.5 per cent rise in quarterly net profit, lagging analyst estimates.

More steps to rationalise subsidies on anvil: Jaitley

More steps to rationalise subsidies on anvil: Jaitley

Rediff.com6 Dec 2014

The Centre had set up a Commission under former Reserve Bank of India Governor Bimal Jalan to suggest steps to rationalise subsidy and help the government in effectively bringing down the fiscal deficit.

Will this RBI plan boost growth? Or dent it?

Will this RBI plan boost growth? Or dent it?

Rediff.com3 Mar 2020

'The assumed linear correlation between forced lower yields, higher bank borrowing from the RBI, higher lending, and higher growth involves leaps of faith, each a step on the quicksand of false beliefs,' warns Debashis Basu.

An RBI governor, two finance ministers and a quiet war

An RBI governor, two finance ministers and a quiet war

Rediff.com30 Oct 2018

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.

Maharashtra: The most favoured investment destination

Maharashtra: The most favoured investment destination

Rediff.com8 Jul 2016

If money allocations, investment commitments are a sign of better things to come, the state can be optimistic.

For panchayats, financial freedom is a distant dream

For panchayats, financial freedom is a distant dream

Rediff.com10 Jun 2016

The Finance Commission has substantially increased the allocation of funds to panchayats, but a large part of it is apportioned by state governments.

Maharashtra farmers return to mandis

Maharashtra farmers return to mandis

Rediff.com13 Jun 2017

Onion supply in Nashik low but is expected to normalise in a couple of days

How best to tackle the 'US factor'

How best to tackle the 'US factor'

Rediff.com8 Jan 2018

In IT, the two-way flow of investments and intellect has been central to the growing linkage, which provides a great opportunity for both nations to improve the quality of life of their citizens, says Raman Roy.

No hike in VAT rates in states

No hike in VAT rates in states

Rediff.com8 Apr 2008

An official panel on Tuesday ruled out any increase in value added tax (VAT) rates as part of a package to compensate states on account of revenue loss due to a one per cent cut in Central Sales Tax that was to have happened in the beginning of this fiscal.