India, hit by a devastating drought last year that hurt economic growth, is expected to experience a below normal monsoon this year.
Bharatiya Janata Party on Tuesday rejected the Kelkar panel proposal for lifting tax sops on savings, housing loans and agricultural income saying it was against the interest of vulnerable sections of society.
The hits and misses of the week.
The south awards night was a GRAND affair!
Sangh affiliates believe the government's apparent anti-poor message led to their loss
'The procurement cycle still consumes too much time; little has changed.'
The top posts on social media from your favourite Bollywood celebrities.
The defence ministry has lost sight of what it intended to achieve -- which was to nurture private defence firms that would compete on equal terms with the 9 defence PSUs and the 41 Ordnance Factory Board factories.
'Defence does not new 'planning commissions'; it needs an implementation commission.'
The hits and misses of the week.
Will Arundhati Bhattacharya be the RBI's first woman governor? Or will Urjit Patel succeed Raghuram Rajanas RBI governor when his term ends on September 4?
The pipeline for well-qualified and experienced policy economists at senior levels of government has broken, leading to a growing dearth of suitable candidates for top economist positions.
A well-functioning GST will enhance tax compliance and boost growth: IMF
Invests $50 mn in 11 entities in just over a year, commits $25 mn more; prefers putting money in firms trying to solve India-specific problems
The Reserve Bank of India, in its Second Bi-Monthly Monetary Policy Statement for 2014-15, kept the key interest rate unchanged at 8 per cent.
Experts will give their inputs for Budget.
When the government is out to get Mallya, why is it quiet about those people who are responsible for Air India's massive losses is a million dollar question
Does India's most valued company give hope to its investors that they, too, might drive a Jaguar some day?
'While the GST is structured to be an all-encompassing tax and to create a vastly expanded digital network of recorded transactions, no one knows how traders long used to avoiding taxes will apply their ingenuity,' says T N Ninan.
The Rajya Sabha on Wednesday approved the biggest tax reform since Independence.
'Reservation for the private sector is a bad idea.'
India will need an annual investment of Rs 15 trillion in infrastructure over the next five years, says Chandrajit Banerjee, DG, CII.
Chartered accountant and commentator M R Venkatesh on why the GST Bill will cost the BJP dear.
Suggestions made by the different experts have been noted and would be forwarded to Prime Minister Narendra Modi.
The Enforcement Directorate had last week arrested Chhagan Bhujbal's associate and chartered accountant Sunil Naik in connection with the case.
It takes concrete storytelling not style to camouflage John Abraham's limitations. He bears the physicality of a man who could take on a dozen but his blank, pained surface cannot offer threat or evoke sympathy, writes Sukanya Verma.
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