The government has provided a long-term vision.
Against a turbulent and uncertain background, Budget 2017-18 hewed a steady, forward-looking course, says Shankar Acharya, former chief economic adviser to the government.
The NDA leadership is set to meet on Wednesday to discuss a Parliament floor strategy for what is expected to be a difficult winter session for the government.
The customs duty from gold imports could be approximately Rs 8,000 crore, about less than half of what was collected a year ago.
Congress president Sonia Gandhi has convened a meeting of the party's strategy group on September 8, the sources said. Opposition leaders are keen that various like-minded parties should work closely with each other to take on the government in Parliament.
Honest tax payers need not worry about the new black money law, says finance minister Arun Jaitley.
Expecting fireworks in both Houses during the Winter Session of Parliament starting from Wednesday -- with the opposition planning to target the government on several issues, including demonetisation -- the Bharatiya Janata Party Parliamentary Party Executive will go into a huddle on Monday to chalk out strategy to counter the opposition which is divided over how to take on the government on the issue.
Finance Minister Arun Jaitley on Friday tabled the pre-Budget Economic Survey in the Lok Sabha.
Foreign Trade Policy: More incentives for exports, focus on ease of trading
Blaming Congress for delaying Goods and Services Tax, Prime Minister Narendra Modi on Thursday attacked the main opposition party alleging the "hawalabaaz are unnerved" due to the tough stance of the government on black money and are putting "roadblocks" in the reforms agenda.
Markets finished lower for the sixth consecutive day as hopes of the Goods and Services tax (GST) bill being passed in the current session of the Parliament faded considerably.
Indian states are preparing for a Rs 1.9 lakh crore (Rs 1.9 trillion) tax windfall this fiscal year.
Poor rain threatens recovery in production this season, sugar prices at three-month high
Catch all the action from the Monsoon session of Parliament, LIVE
market rally, especially in mid-caps, has also been driven by a pick-up in the monsoon and the government's resolve to get the goods and services tax (GST) Bill cleared in the recent session of Parliament.
The 30-share Sensex ended up 214 points at 27,890 and the 50-share Nifty closed up 52 points at 8,430.
The Supreme Court-appointed Special Investigations Team on black money has also proposed that holding more than Rs 15 lakh in cash be made illegal for individuals and for companies, report Tinesh Bhasin and Sanjay Kumar Singh.
Indian market has been plagued by negative sentiment and triggers
Google is going ahead with a policy revision mandating 30% charge on in-app purchases across all apps on Play Store. This has left developers' community worried about tighter squeeze on their earnings, says Yuvraj Malik.
'This has to be seen in the context not only of the legacy we inherited, but also of global economic weakness.'
'If after inheriting the very bad situation we have reached this level despite consecutive years of drought and no growth in the world economy, it is no accident.' 'It is a result of the sound macro economic policies followed by this government.' 'We have eschewed populism and stuck to a path of fiscal prudence.'
Private hospitals, especially smaller standalone ones, are staring at a crisis that they were not prepared for. Analysts say larger corporate chains have to brace up for at least six months for business to return to normal.
Jaitley promised higher investment in roads and railways.
FY16 saw the highest number of new product launches in a year from Maruti
Despite the monsoon session of Parliament being a near washout so far, the government hopes to resolve the impasse at an all-party meeting on Monday to pave the way for discussion on issues raised by the Opposition, Parliamentary Affairs Minister Venkaiah Naidu said.
The government last month introduced the GST Bill in Parliament.
The council, headed by Finance Minister Arun Jaitley, will meet again on December 11 and 12 to hammer out the differences.
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The year 2014 was one of the most challenging years for India. For two consecutive years our GDP growth was sub 5 per cent. Employment generation had declined, the revenue buoyancy was low and the country had become investment starved.
The credibility of India in the eyes of foreign investors has also relatively gone up, with China's blunders in this crisis.
Narendra Modi's meeting with J Jayalalithaa in Chennai has set the rumour mills abuzz. Will the Tamil Nadu chief minister ally with the BJP ahead of the 2016 polls, asks N Sathiya Moorthy.
'It is clear that Prashant Kishor will be nowhere near repeating his earlier massive wins.' 'Nonetheless, he deserves at least two cheers for having the guts to take on such a challenging task.'
The passage of the Bankruptcy Code could set the stage for other important legislation that may see India undergo more economic change than all governments combined since the reforms implemented by P V Narasimha Rao in 1991-93, says Ben Merton.
India is the second largest buyer of Iranian crude, after China.
Finance Minister Arun Jaitley said that it is imperative to maintain high growth rates.
In the Silicon Valley of India, one can use the cryptocurrency to pay for food, buy bus tickets, order stuff online, and even get a haircut.
The BSE Sensex was among the world's best performers in 2014, rising almost 30 per cent after Prime Minister Narendra Modi took office on promises of reforms to boost growth
Rajan's remarks come as the Modi-led government completes one year.
Police later let the legislators off after a brief detention at a marriage hall. Stalin demanded the dismissal of the AIADMK government over the issue of the alleged pay-offs.
Finance Minister Arun Jaitley accused Congress of setting a wrong precedence for future opposition parties by continuously disrupting Parliament.
Even the well heeled in metros find it difficult to go completely digital. Cash withdrawals from ATMs are back at the same level as they were before demonetisation
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