Apart from the much-reported constitutional and political hurdles on a national Goods and Services Tax (GST), there is another basic one. Barely half of dealers in the country have a Permanent Account Number (PAN) from the tax department.
Finance minister attempts a clean-up job, keeps projected expenditure growth low.
As West Bengal, Kerala, Assam, Tamil Nadu and Puducherry prepare for new administrations, one is reminded of the disparity that runs through the veins of the Indian states, notes Mihir S Sharma.
A much-vacant mall in a sleepy industrial park is all that's left of the amount allegedly owed by Mangla Shree Properties against 0.2-mt sugar deliveries
Analysts on Wednesday welcomed the Reserve Bank's decision to grant bank licences to Bandhan and IDFC, but expressed dismay that only two of the over two dozen aspirants made the cut.
Henry Kravis, co-founder of global private equity firm Kohlberg Kravis Roberts & Co, thinks India should go for a bad bank to deal with bad assets in banks. In an interaction with journalists in Delhi, he says there are plenty of opportunities in India. He was joined by India CEO Sanjay Nayar.
N Sundaresha Subramanian, Karan Choudhury and Shreya Jai report on the sorry condition of homebuyers who invested in Jaypee Infratech and the Amrapali group's Noida-based projects.
Renewable energy is mistakenly restricted to electricity.
Some experts says that the high net-worth requirement of Rs 50 crore for setting up an IU is a deterrent.
India has one thing that China has - the potential to be of interest as a huge market in its own right.
Make in India needs policy support for access to markets.
Woefully inadequate infrastructure is just one of the many reasons why a case is not settled within 180 days and even 270 days as envisaged by the law, says Tamal Bandyopadhyay.
Rs 275 cr payment to Tata Power (SED) blocked for putting Indian part
There is a link between objectives and commitments.
Sahai, who did his master's in economics from the University of Delhi, is currently head of Citi's Securities and Fund Services business.
The Budget sets out a comprehensive vision.
'Malicious files can silently sit in your phone and relay data to hackers without your knowledge.'
India and France on Monday inked an Inter-Governmental Agreement on the sale of 36 French fighter jets, Rafale, but were unable to sign the final deal due to some "financial" aspects, which are expected to be sorted out in "couple of days".
This Budget signals a shift from a hand-out to a hand-up economy.
Key relaxations traced in final regulations.
The two countries also asked all nations to stop cross-border movement of terrorists and asserted that a decisive collective response from the international community without 'double standards and selectivity' was required to combat the threat of terrorism.
India and South Africa on Friday agreed to deepen engagement in key areas of defence production, manufacturing, mining and minerals and combating terrorism.
To generate ample private sector interest, there is a need to introduce market-linked tariff rates.
His 7-day long trip to the United States starts on June 17.
New Development Bank plans to issue $300-500 mn worth masala bonds in rupee: K V Kamath.
Cong leaders speak in two voices but final stand may be decided at a meeting headed by Rahul Gandhi next week
EduBridge is emerging as a strong player in training unemployed youth.
The 30-share Sensex ended up 142 points at 29,462 and the 50-share Nifty gained 26 points to end at 8,895.
RIL may go to arbitration which may lead to further delay in production and extra cost associated with the arbitration.
Switzerland may tighten its anti-money laundering laws after a report by a government-appointed group found the country was still subject to financial crime.
Tata's Vistara has a very strong core team to look into daily operations.
Adapting to an inevitable digital intervention is India's only hope at beating a long-standing job crisis. To do so, focus on quality education and better skill development is fundamental, says Dr Yogesh Kumar Bhatt.
Fifteen months after taking power, Modi's credibility as an economic manager is on the line.
Firms generated free cash flows in 2013-14, for the first time since the 2008 Lehman crisis
Enactment of Insolvency and Bankruptcy Code has been instrumental in pushing up India's ranking in the 'Doing Business' report
Even as the Indian benchmarks, the BSE Sensex and Nifty 50, crumbled over three per cent today, experts are optimistic about the Indian economy and believe investors can still make 30 per cent plus returns in 2015
'The government has done extremely well.'
No Indian auto brand (including Tata or Mahindra) is well-known globally.
'The world is going to be more insular.' 'What India needs to do is develop the domestic market for domestic consumption.' 'The emphasis has to be on Bharat as against India.'
It is time to take a few macroeconomic risks to kick start the growth.
