Finance minister Arun Jaitley has few feathers in his cap for taking serious eff
Arun Jaitley is on a 10-day trip to the US.
India is not so worried about meeting fiscal deficit target.
ICICI Bank extended yesterday gains, rising 10% in two trading sessions
The boom in organised retail will set the tone for major economic overhaul. The ripple effect will be improved supply chains, volume output, integration into global commerce, and higher tax collection, notes T N Ninan.
Markets are poised for excellent growth, provided reforms continue to roll
Only one 25 basis points rate cut is likely this calendar year, between April and June, the poll says
The near term will be challenging, as most will struggle to adapt to the new regime.
Oppn MP says govt suffering from Cinderella syndrome, while CPI(M) alleges NDA sabotaging Bill
The report cautioned that low capacity utilisation and stressed balance sheets of banks and businesses will prevent a strong investment revival in the short term.
The bills were passed by voice vote.
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While the framework of service delivery and client-focused approach remains unchanged, Nilekani's suggestions, of taking start-ups with newer technologies to clients, are being implemented.
As and when the GST comes in, Budget projections will have to be unbundled and revised. In fact, the pragmatic decision would be to present another Budget! This makes the passage of the Finance Bill with its multiple unrelated amendments seem even more dubious, says Devangshu Datta.
The Budget decides to take the lead in revving up infrastructure.
For a long time, the Indian economy has been drifting without a credible monetary anchor.
The government's subsidy bill towards oil, fertilisers runs into lakhs of crores of rupees.
RBI Governor Shaktikanta Das kept the red flag on cryptocurrencies flying, warning that the next financial crisis can be triggered by private cryptocurrencies if such speculative instruments are allowed to grow.
The Constitution should not encumber these choices, specially limiting them to second-best or third-grade options.
GST stabilisation, DTC implementation and banking reforms are crucial for sustaining high growth for a long period, says Rashesh Shah.
Delivering his concluding address to the party's National Executive, which saw its president Amit Shah raising concerns over "migration" of Hindus from a communally-sensitive western Uttar Pradesh town, Modi made no reference to the controversial issues and instead asked leaders to use power for the benefit of society.
Narendra Modi government's reform agenda is under threat of washout.
Opposition party is unlikely to block Bills for GST, insurance and e-auction of coal mines.
'If development, investment, employment, implementation, credibility and commitment are ensured, security will automatically improve and subversive and militant elements will lose ground and be neutralised by the people themselves,' says B S Raghavan, the distinguished civil servant.
'Good economics isn't necessarily bad politics, or vice versa,' says Shekhar Gupta.
WGC expects demand to revive in H2 on surplus monsoon rains
The new series claims GDP grew at seven per cent between April and June 2015, while gross value added (GVA) grew at 7.1 per cent.
'Tax dodging through tax havens is one of the ways multinational corporations and the super-rich in India are using to evade taxes.'
Armed with a list of issues to target the Narendra Modi government in the forthcoming Budget session of Parliament, the Congress is making one last attempt to gain the leader of opposition status.
Pradhan Mantri Jan Dhan Yojana and Make in India -- are not covered here.
The government is now contemplating issuing an executive order to implement these measures, which would need to be approved by lawmakers within six weeks of the opening of the next session of parliament, scheduled for the beginning of February. India's president would also need to agree.
There are few strategies to invest safely in a volatile market.
Finance Minister Arun Jaitley on his maiden visit as minister to Washington, DC, addresses two think thanks, leaves American Establishment impressed, reports Aziz Haniffa/Rediff.com.
The final rate will be worked out by the GST Council, Finance Minister Arun Jaitley said on Wednesday.
Protests by central labour unions and widespread criticism from Opposition parties because of job losses on account of demonetisation and the GST have put the contentious labour reform proposals in the slow lane.
'Should you give a man fish, or teach him how to fish?' 'Lurking hidden in the new bout of welfarism seems to be an admission that the State can't deliver for the poor anything other than cash,' notes T N Ninan.
There was a massive 24% decline in India's gems and jewelry exports to $2,321 million for September 2018 as against $3,053.38 million in the same period last year.
Devangshu Datta believes you should pick stocks trading at much lower valuations than the market average.
Markets climb higher tracking global cues.
Though he did not name anyone, the prime minister's attack appeared to be directed against Congress and its vice president Rahul Gandhi, who recently made two trips to Hyderabad Central University to join protests over the suicide of a Dalit scholar Rohit Vemula.
