Education remains one of the key focuses of the new government.
'The experience so far is a shocking example of how critical scheme of national importance can be brought into disrepute by inefficient and badly designed implementation,' says Dr Madhav Godbole, the former Union home secretary.
Income from renting of properties is taxed at a flat rate of 10%.
'The main reason people go to other countries is unemployment in Punjab'
The negative aspect about the Budget is that the capital expenditure has been marginally cut to achieve the fiscal deficit target assumptions, and the onus of sustaining investment demand till private capex revives continues to vest with the public sector enterprises, notes Jyotivardhan Jaipuria.
Dr Talat Ahmad, vice chancellor of Jamia Milia Islamia suggests important reforms in the Indian education system.
Policy discussions now should urgently focus on the road map for serious economic and institutional reforms to put India on a sustained high growth trajectory like the Chinese economy, says Jayanta Roy.
The state is trying hard to improve ease of doing business by several notches.
At this point of time, the requirement of the economy is obviously more investment, which will create more jobs and increase purchasing power that will sustain a high level of production, says K M Chandrasekhar.
Most successful and ambitious business leaders feel persuaded that they have no competent successor, says R G Vilakudi.
Nifty 50 firms' net profit estimated to grow by a modest 3.1% in Q2, reports Krishna Kant.
Aseem Chhabra lists his 10 favourite non-Indian shows streaming in India -- classics as well as recent shows.
With Narendra Modi about to make his first Independence Day speech, there is a buzz in Delhi that Modi will make some big announcements to signal major reforms and directional shifts. But we have to wait and see if it happens, says Mohan Guruswamy.
China's GDP growth slowed in the second quarter this year to 7.5 per cent, official data showed on Monday, as the Chinese leadership faced fresh challenges to stimulate and revamp the world's second-biggest economy.
Chief Economic Advisor Arvind Subramanian says that he hopes GDP growth will be at the upper end of the 7-7.5 per cent range.
IDS-2 and raids to uncover black money stash keep receipts flowing
If a feasible business model is worked out for cable operators, they will not only build the last-mile networks, but also market them among the local population telling people the benefits as well as how to utilise them
NDA government has shunned populism.
Getting the balance between fiscal restraint and growth-contracting policy remains a problem.
The S&P BSE Sensex closed 318 points at 24,455 and the Nifty50 shed 99 points to end at 7,438.
SBI, PNB, Bank of Baroda, Canara Bank, Dena Bank, Central Bank of India ended down 3%-12% each.
This could be a major drag, not just on the empowerment of women but on the India growth story as well.
While the total disbursement of housing loans by PSBs as well as HFCs witnessed a deceleration in 2016-17, there was significant growth for the lower slabs
'We do India great disservice if we continue to perpetuate a flawed narrative on trade, one based on myths rather than facts,' says Hardeep Singh Puri.
Participants are keenly awaiting the rollovers to the next series ahead of the expiry of June F&O.
With facts and figures, the CAG report has highlighted how Gujarat was far from a role model for states across India, and that the progress made in this province in western India in improving agriculture, education, healthcare and empowerment of women and children, was not exactly creditable, says Paranjoy Guha Thakurta.
Boost to dairy sector will generate jobs
The construction sector is now India's second-largest employer after agriculture, the trend coinciding with India's high-growth phase and decline in poverty levels
Along with the US and China, India could be a big enough force in global manufacturing
Low consumer demand, a slide in investments and troubles in the banking sector should prompt the government to recalibrate taxes and expenditure. It is also important to ramp up spending on health care and education, says CII president Sumit Mazumder.
Country's economic growth at 9% requires exports to rise by around 20%, says NSC chairman Pronab Sen
Several states that imposed prohibition in the past lifted it once revenue loss began to pinch
The behaviour of the foreign institutional investors is gauged from the numbers put out by the exchanges and regulators.
Most expect these bubbles to break in short order and cause serious financial pain to anyone who's foolhardy enough to remain invested in financial assets.
An Aadhaar card can fast-track the KYC procedure for some instruments.
India's credit and banking are neither too big nor too small.
Finance Minister Arun Jaitley presented the Union Budget.
The concept of social security is experiencing a renaissance in developing and emerging markets.
It further said India is facilitating external commercial borrowings by startups in order to encourage innovation and promote ease of doing business.
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During April-February, the index of industrial production, a measure of factory activity, declined 0.1 per cent compared with a 0.9 per cent growth in the corresponding period of 2012-13.
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