Dealers attribute the sluggishness in sales to distress in rural India as well as tepid sentiment in urban markets.
Sitharaman said the government understands that the contours and tone of issues for each sector varied from one to the other.
While an import duty is ruled out, a small excise duty on jewellery manufacturing can be on the cards.
India improved its rank on six out of the 10 parameters relating to starting and doing business in a country.
For a long time, the Indian economy has been drifting without a credible monetary anchor.
The policy review observed that the moderation in inflation, excluding food and fuel, that was witnessed in the first quarter of 2017-18 has "by and large, reversed".
The Survey projected growth rate of 7-7.75 per cent for 2016-17 with downside risks due to weak global economic scenario.
'It is because we treat them as our own people, and there is no difference between owners and workers here.'
With certain quarters demanding privatisation of public sector banks in the aftermath of the alleged fraud at Punjab National Bank (PNB), Economic Advisory Council to the Prime Minister chairman Bibek Debroy tells Sanjeeb Mukherjee, Ishan Bakshi and Indivjal Dhasmana that reducing government equity even to zero would not mean giving up of government control over these banks.
'This confrontation could have been avoided by a less arrogant administration that initially listened, used whatever negotiating skills they had and tried to be more credible,' observes Ramesh Menon.
Elections 2024 is not as open and shut as has been presumed. There is some life left in it, observes N Sathiya Moorthy.
'You peel one layer, then another layer, then another, but in the end, you will see that there is no onion inside.' 'This package has been packaged well, but there is nothing much inside the package!'
The Narendra Modi government's alacrity in promoting ease of tax administration, a critical component in the ease of doing business index, has set in motion several incremental policy and administrative reforms, says Mukesh Butani.
A figure above 50 indicates that the sector is expanding, while a figure below that level means contraction.
On an average most commodities are up between 20-30 per cent compared to a year ago levels.
Chaos in Parliament threw a spanner in the government's efforts to revive the economy and kick-start reforms.
Domestic markets are also aided by a rally in the global markets with US market surging to record high and a firming trend at other Asian bourses.
The battle on creating jobs is virtually lost. If the battle for achieving higher growth too is lost, then its political consequences could become difficult to manage, says A K Bhattacharya.
India remains one of the most over-owned market in Asia.
VIL pegs dues at Rs 21,533 cr, less than half of DoT estimate. During a meeting with Vodafone Group CEO Nick Read, Telecom Minister Ravi Shankar Prasad made it clear that the government is against a monopoly in the telecom sector, and wants Vodafone Idea to survive and remain invested in India.
'They want (the ownership and management of PSU banks) to pass into the hands of a private sector entity.' 'Ownership of these banks will go from the public sector to private sector.'
Prime Minister Narendra Modi hailed as "historic" the jump.
The government on Friday lowered its economic growth forecast.
India's political infighting is denting business confidence.
We should brace ourselves for more bad news in the coming quarters -- on economic output and growth, strains on the fiscal deficit, export slowdown, small and micro enterprises in distress, and further accumulation of NPAs in the banking sector, says Rahul Khullar.
Whereas the headline growth rate appears very respectable, India needs faster to growth to generate jobs.
A cyclone shelter building at Kelambakkam, which was recently given a fresh coat of paint, is the current home of nearly 100 Rohingyas who belong to 18 families. The neighbourhood is on the way to Mamallapuram, about 25 km from Tiruvanmiyur in south Chennai. While some Rohingya men work as butchers, some are helpers in restaurants and others do odd jobs like delivering goods on their fish cart.
The Budget emphasises on capacity building and empowerment of marginalised sections of society including farmers.
Chidambaram said he was honoured that the two leaders visited him.
Cut-throat competition, high spectrum costs, and frequent flip-flops in government policies have made it difficult for Vodafone to make money in the country.
Experts said a dip in consumption expenditure indicated an increasing prevalence of poverty in the country.
An estimated 223 people have lost their lives since August 8 in Kerala's worst floods in decades that has caused damage worth more than Rs 20,000 crore.
Finance Minister Nirmala Sitharaman will present her second Budget a little more than a month from now. Like any other FM, Sitharaman will depend on her team of bureaucrats and advisors to frame and present the Budget.
'Genuine mistakes can and must be forgiven,' argues Vivek Gumaste.
Despite all of the PM's many strengths, it is increasingly clear that he does not necessarily have a coherent and clear worldview on matters of macro policy.
India's share of 2015 emerging market allocations will be driven by FII perceptions on likely growth and reform.
September import growth was the second lowest this fiscal year, after the April growth figures of 4.6 per cent, bringing the trade deficit down to $13.98 billion
The auto industry expects lower taxes and interest rates from Budget 2015.
'Concerns about India's future are hampering private investment.' 'If the private sector sees strategy, teams and execution on these issues, this will inspire confidence in India.' 'This should be our main strategy for 2017,' says Ajay Shah.