The Budget sets out a comprehensive vision.
'Our concern is about today and there is nothing in the Budget for the MSME sector to feel positive right now.'
Change will have to begin with Mr Modi, who by all accounts has shown little active interest in macro-economic issues, preferring instead to focus on the effective implementation of projects and programmes, points out T N Ninan.
The RBI governor-designate may be economical with spoken words, but is known for his sharp and critical writings
'The effect will be seen two-three quarters down the line.'
Under the hybrid-till model, a portion of non-aeronautical revenue (commercial revenue) at the airport is taken into consideration while fixing the landing and parking charges, user fees and other aeronautical charges.
Acquisition of stressed infrastructure assets has pushed its debt to over Rs 1 lakh crore, highlighting concerns about its growth strategy.
'The simple truth is this: That we had come to assume that a second term was Modi's for the asking. But the fact is that Modi will have to win one, just like everybody else.' 'And so much has he invested in his strongman persona that even a loss of just 50 seats from his extraordinary 282 in 2014 will look to his potential allies and to his party like a defeat,' says Mihir S Sharma.
'Either China is building regional transport infrastructure long before it needs it, or this is in a chain of Chinese investments with more strategic than economic intent,' says T N Ninan.
Inflow of more funds is likely to widen the reach of insurance and drive M&A activities in the sector where growth has stalled.
Broad-based buying aided sentiment and the market registers record turnover at Rs 6.86 lakh crore
FTIL prepares to challenge the order in the Bombay high court
To generate ample private sector interest, there is a need to introduce market-linked tariff rates.
Key relaxations traced in final regulations.
Many of the industrialists profiled in the book are no longer riding the wave of success.
Data used for the graph and cited elsewhere in the column were obtained from various publications of the RBI.
After 2015, all re-structured assets will be treated on a par with non-performing assets, requiring the same level of provisioning.
Some experts says that the high net-worth requirement of Rs 50 crore for setting up an IU is a deterrent.
'The quick fixes have failed; there is now no alternative to deeper reforms,' says Ajay Shah.
The 30-share Sensex and the 50-share Nifty ended flat at the mark of 29,008 and 8,767 respectively.
Politically, it will not be easy for Modi to take hard decisions such as raising fuel prices in the first budget, given the risk of higher inflation.
Some of the key proposals of the agenda relate to transforming the banking sector, addressing agrarian distress, countering hate crimes and discrimination, and spurring employment generation.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
Once again, tax demands on foreign investors cause worry.
Kirti Azad, a known detractor of Jaitley, egged on the Congress to seek a time-bound SIT probe.
The government has hiked foreign investment caps.
India is committed to getting back to a sustainable growth path of 8 to 9 per cent, Prime Minister Manmohan Singh has said, adding that such a target is achievable because the fundamentals of the Indian economy remain strong.
'More a show that you are doing something in the Budget even if that something never actually comes to pass,' notes Nitin Desai.
Only when the RBI inspection started on September 19 did they realise that their game was up and one of them had sent a letter to the central bank, leading to the RBI crackdown, report Anup Roy and Subrata Panda.
The rupee is being driven into a vicious circle.
Despite all of the PM's many strengths, it is increasingly clear that he does not necessarily have a coherent and clear worldview on matters of macro policy.
Parekh said divestment can unlock huge funds.
Havells will acquire the entire consumer business infrastructure, people and distribution network. Plus all intellectual property of the Lloyd brand, logo, trademark and attendant rights.
Finance Minister Arun Jaitley presented the Union Budget.
'On the tax front, most of the Budget proposals are sensible'.
'What is critical today in India is confidence of depositors.' 'If you have these kinds of problems spreading like this, the confidence level of a lot of people in the system gets shaken.'
From zeroing in on the best means for stake dilution to moving beyond microfinance, Bandhan navigates a tough path. Namrata Acharya reports.
Demand among several pre-Budget representation by BSE Brokers' forum
It is time to take a few macroeconomic risks to kick start the growth.
Higher rural incomes, pay commission benefits, and lower interest rates are key positives: Analysts