The president outlined the government's agenda in the coming financial year in his customary address to the joint sitting of both the Houses of Parliament.
Jaitley also hinted that these very economic realities could decide whether the government sticks to a fiscal consolidation roadmap or not.
The Congress chief took a dig, saying the documents have disappeared like two crore jobs for youths, right price for farmers' produces and the promised 15 lakh for everybody.
It is a tribute to India's democracy, however flawed, that the very same MPs who had harangued her intermittently from Opposition benches now surged towards her, anxiety writ large on their faces. One offered her some homoeopathic tablets, another advised her to stay seated, another grasped her hand wishing her good health... the crowd parted as Prime Minister Narendra Modi strode up to congratulate her. But it was mostly well-wishers from the Opposition and the NDA that kept the finance minister cocooned with good wishes until it was time to leave, reports Aditi Phadnis.
Moody's said the government will face challenges in achieving its deficit target for the fiscal year ending March 2021, amid persistent structural and cyclical headwinds to growth.
We all need an expert whose advice you can trust, who will not start pushing products at you and rather help you understand why your wealth is not growing as it should, says Erik Hon.
'Nothing will stop India's top three-four corporates who have become aggressive players in the agri-markets after Modi came to power from acting in concert to drive down at will the prices at which they buy from farmers.' 'These corporate houses have the wherewithal to purchase all the farm produce at low prices and store them for a long period of time.' 'Once the harvest season is over they will sell the same produce at higher prices.'
'Most of the testing capacity in India is in the private sector.' 'Whether it is the established RT-PCR test for COVID-19, or it is other innovations in testing that are now coming up, all these are fully within the capabilities of the private sector.' 'Health policy should harness these capabilities,' says Ajay Shah.
Experts say Biyani will now become a contract manufacturer of fashion and FMCG products, with the Reliance group being one of his customers.
In the near term, two key factors are the outcome of the monsoon season in respect to cropping yields; and the correction in the crude oil price.
Gains in financial shares capped further downslide.
These include the Professional Education-I, Professional Education-II and Final examination.
The agrarian crisis must be met with similarly speedy responses.
The year 2014-15 could well go as one of long-pending financial sector reforms, expected to have a lasting impact.
'The world does not care about the tension on our border.' 'India has to emerge as a strong economic power.' 'Respect comes when the world sees a country with a direction and leadership that has a vision,' points out Ramesh Menon.
The Institute of Chartered Accountants of India invites applications for Management Accountancy Course (MAC Part-I) and Insurance and Risk Management (IRM) Examinations.
Of these 26, Bajaj Finance, Associated Alcohols and Breweries, Garware Technologies, Filatex India, Tasty Bite Eatables, Aarti Industries and GMM Pfaudler saw an over 10-fold surge in price since 2014.
Cricket legend Sachin Tendulkar wanted to raise the issue of financial security for national level athletes in his maiden Rajya Sabha speech, which could not take place due to protests in the Upper House.
Will it trigger a social and management revolution as well, asks Ajit Balakrishnan.
Equity-linked savings scheme, PPF and Sukanya Samriddhi Yojana are recommended instruments.
As the 2019 election draws near, investors focus on long-dated options.
It would be a good idea to create independent oversight committees for each regulatory institution and indeed, even for their appellate bodies, says A K Bhattacharya.
The website launched by Union Power Minister P M Sayeed on Saturday would be available free of cost initially, senior marketing manager of the website Shinu P Raj told reporters.
'For those looking at forward-looking signals for the economy from the stock markets, the relative performance of small and mid-caps may be a better indicator of the future than the index levels of the narrower and more popular indices', says Neelkanth Mishra.
But criticism of government will still be a no-no.
One-sponsor-one-fund rule may set off merger as Amundi seen sponsoring two funds following buyout.
He said while the previous UPA government hid the bad loans, his government has properly recognised them and brought tough laws to deal with defaults and recovery money.
'No commercial bank will be allowed to fail. There is nothing to worry about.'
Archit Gupta on how can you maximise your savings and reduce your taxable income.
India must concentrate on manufacturing-led growth.
Boost to dairy sector will generate jobs
Critics argue that much more could have been done and that the government was slow to react to many events.
The 30-share Sensex surged 299 points to close at 28,736 and the 50-share Nifty gained 90 points to end at 8,723.
FII stance, progress of monsoon, crude oil and rupee movement are likely to dictate the trend.
'There is merit in keeping the central bank's balance sheet strong if the government's fiscal balance sheet is weak.'
The first stage of the inclusion strategy was focussed on opening bank accounts, logically seen as creating the last-mile channels for financial access.
Share rises further to 73 per cent from 66 per cent last year; Some overseas i-banks seen scaling down operations
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