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
Oppn MP says govt suffering from Cinderella syndrome, while CPI(M) alleges NDA sabotaging Bill
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.
'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.
But use of that word -- privatisation -- is not encouraged. This seems to be a classic case of reforms through subtle signals, observes A K Bhattacharya.
'Good economics isn't necessarily bad politics, or vice versa,' says Shekhar Gupta.
GST stabilisation, DTC implementation and banking reforms are crucial for sustaining high growth for a long period, says Rashesh Shah.
The Budget decides to take the lead in revving up infrastructure.
The Constitution should not encumber these choices, specially limiting them to second-best or third-grade options.
For a long time, the Indian economy has been drifting without a credible monetary anchor.
'Tax dodging through tax havens is one of the ways multinational corporations and the super-rich in India are using to evade taxes.'
The government's subsidy bill towards oil, fertilisers runs into lakhs of crores of rupees.
'The SJM has requested the government to bring a change in the law which will ensure MSP as the floor price for all farmers below which nobody should buy anything from them.'
WGC expects demand to revive in H2 on surplus monsoon rains
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.
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.
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.
Experts warn of over-interpreting the numbers and said their sustainability needed to be watched beyond November, says Indivjal Dhasmana.
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.
Pradhan Mantri Jan Dhan Yojana and Make in India -- are not covered here.
'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.
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.
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.
The final rate will be worked out by the GST Council, Finance Minister Arun Jaitley said on Wednesday.
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.
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.
Devangshu Datta believes you should pick stocks trading at much lower valuations than the market average.
The President said there will be occasional doubters and baiters who will continue to complain, to demand, to rebel.
Various twists and turns by govt post-demonetisation prove that it has been tall order for the PM
Joydeep Ghosh takes stock of personal finances after the life-altering surprises of 2016.
While the formation of a holding company will not outright privatise State-owned banks, officials believe it will help the Centre deflect criticism arising out of the latest banking scams.
The Budget has to provide for capex on roads, railways, defence and other infrastructure sectors.
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.
It was not immediately known if Modi acceded to Jaitley's request.
Markets climb higher tracking global cues.
At its last policy review, the central bank left policy repo rates on hold at 7.25 percent, tying future cuts to inflation outlook.
'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.
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