NITI Aayog vice chairperson Rajiv Kumar tells Indivjal Dhasmana that additional funds could be generated through divestment, and that the fiscal deficit should be widened while focusing on the revenue deficit.
Daniel Wu, chairman of the Asian Bankers Association (ABA), says there is merit in merging some of the less efficient public sector banks in the country.
Pranjul Bhandari, Chief India Economist, HSBC, speaks about a range of issues ranging from inflation, to how Goods and Services Tax and land acquisition bills can help India hit double digit growth, and her impressions about economic growth in the last one year after Narendra Modi took over as India's Prime Minister.
Banking shares saw a renewed buying interest on the hopes of a rate-cut by the central bank post the easing of macro-economic data.
How has the note ban affected newspapers and the rest of the media?
BSE IT index was the biggest sectoral loser, down 1.5% dragged by TCS
He underwent a renal transplant on May 14 and on the same day, his ministerial charges were given to Piyush Goyal on an interim basis.
To begin, the Budget has no doubt attempted to address uncertainty.
It pointed out that farm loan waivers, combined with a potential stimulus which the government is mulling now, can result in a 1 percentage point slippage in fiscal deficit
Morgan Stanley says favourable factors will push Sensex to 32,500 level by December.
However, independent economists are not as gung-ho as the finance ministry over the likelihood of deficit target being met this time around, says Indivjal Dhasmana.
The outcome is beyond the market's expectation and will be a sentimental boost, say analysts.
Measures may include tax slab and rate revisions for individuals, companies.
In the 2012-13, car sales in India fell 6.69 per cent, which was the first decline in a decade.
Global events will continue to be in the limelight, besides domestic policy.
The Swadeshi Jagaran Manch has pointed out that these firms pose a threat to domestic manufacturing and retailing as they do not pay relevant taxes such as GST, giving them a huge edge over local players.
A neutral Budget for media and entertainment sector.
'The recent US jobs report has eased fears of a hike in the Fed meeting.'
Zydus Wellness looks for a wider berth in the country's burgeoning beauty market, redesigns and rebrands its flagship brand
A consensus builder, Jaitley was regarded by some as Modi's original 'Chanakya'.
Gandhi was referring to prime minister's 'silence' on Rafale fighter aircraft deal with France and the Modi government's 'failure' to bring fugitive businessman Vijay Mallya to book.
'Everyone is still trying to understand the quantum of impact demonetisation will have on the economy.'
ADB, however, has cut its growth forecast for developing Asia to 6.1 per cent from the earlier 6.3 per cent in view of subdued economic activity in the US and China.
'The fabric of democracy is fraying,' says T V R Shenoy. 'It is being attacked not just by terrorists in Kashmir or by zealots in the North-East, but is being ripped apart even in Allahabad, in the Hindi heartland.'
The possibility of the slowdown affecting more players is greater if the industry doesn't get access to easier finance in the next six to eight months.
He said the government has already begun implementing tax reforms.
Traders are waiting for the earnings season to kick off.
Modi said it is an outcome of India's consistent reforms trajectory that the country's position is getting credence globally and is being recognised by international bodies like the IMF, World Economic Forum and UNCTAD.
The prime minister thanked the people but said it was the start of a long battle, as he urged them to follow social distancing to stop the chain of transmission of Coronavirus which has infected 360 people and claimed seven lives in India.
Retail inflation crossed the RBI's comfort level and rose to 5.21 per cent in December on increase in prices of food items.
The five key components, which are indispensable for any smartphone, cost more than Rs 2,000 even for a budget 3G-enabled 3.5-inch handset.
The Nifty50 slipped 33 points to close the session at 8,509 after hitting an intra-day high of 8,587.
'Deep pockets have become a prerequisite for contesting elections on a major party symbol in most states.' 'Given the premium parties place on self-financing candidates, once you have accounted for the suspected criminals, dynasts, industrialists, and celebrities, there is not much room for anyone else.'
Thus far in 2017-18, FIIs and MFs have invested Rs 198.91 billion and Rs 1,119.49 billion in the Indian equity markets. Of this, around Rs 152.46 billion has come in January alone.
'Our prime minister has set a scorching pace. He's logged more airline miles than professional airline pilots... On his regular visits to Delhi, he has also signed files galore.' 'How much of this activity has translated into useful action on the ground,' asks Devangshu Datta.
Industrialists affirm their belief that the adverse effects of demonetisation and the goods and services tax are finally over.
The number of management colleges has dropped from 3,609 in 2014-15 to 3,264 in 2017-18.
Finding resources for a fiscal stimulus could be difficult and it could jeopardise macroeconomic stability, says CEA.
Sectors such as Auto, Banks, Capital Goods, FMCG, Metal, Oil & Gas and Power are trading marginally lower.
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