PM extended some old schemes and finally said yes to one that was legally mandated for past 2 years.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
The Bharatiya Janata Party regime will have to make good on this election slogan to restore state-owned banks to health, says Rajiv Lall.
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
Search is on for reliable indicators of underlying activity.
There were heightened expectations from Budget 2017 after the impact of note ban on different sections but most remain unfulfilled.
'We have promised to ensure reduced tax rates.'
While the Trinamool government, led by Chief Minister Mamata Banerjee, tried its best to attract investors, including from Singapore, not much headway could be made.
An expert committee has recommended to Defence Minister Manohar Parrikar that supply of equipment need not be blocked even if bribery charges emerge.
Govt sets up task force to monitor circulation of fake currency; suspicious Jan Dhan accounts under scanner.
All these measures will revitalise the manufacturing sector, which has been in doldrums.
The meeting will be attended by all heads and EDs of public sector banks
'The manufacturing sector and the capital goods industry need all the support that the government can provide, because they are working in a global market where trade restrictions are coming down every day,' says Amar Kaul.
Farmers have been availing crop loans upto Rs 300,000 at 7%.
India's latest GDP numbers do not signal robust economic growth in near term.
Here's everything you need to know about the Goods and Services Tax Bill.
'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.
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He started a fund with Rs 800 crore and made several investments.
Or, what will the Indian policy process allow it to be, says Ajit Balakrishnan.
'We feel there is definitely something murky in the system.' 'Will anyone believe that Nirav Modi will go to a branch and bribe a low-level officer?' 'Just look at the people with whom he had moved around.'
The new Budget would do well to fill up the gaps and pave a strong way forward to ensure that the optimism surrounding it is not short-lived.
Indian economy about to take-off
As many as 75 million households that do not have access to banking services will be covered and at least one bank account opened for each household, against the earlier proposal of two.
The government plans a mega launch of the Pradhan Mantri Jan Dhan Yojana (PMJDY) by Prime Minister Narendra Modi on August 28, which is likely to see opening of one crore bank accounts on the first day itself.
On the eve of the Modi government's two years in office, the RSS-linked Bharatiya Mazdoor Sabha leadership met Finance Minister Arun Jaitley. After the meeting, the BMS claimed the FM told its delegation 'the government has realised that labour reforms are not essential for industrial growth in the country.'
Punjab National Bank has made a name for itself in recovery of bad loan dues. Usha Ananthasubramanian, managing director and chief executive officer of the government-owned lender, explains how it has achieved this reputation.
Ajit Balakrishnan reflects on pariahs, small businesses, and blockchains.
Bold reforms and prudent monetary and fiscal policies by the incoming Narendra Modi government will help the economy to grow at 6.5-7 percent, says a report.
'Obviously, there is always an argument that a weaker rupee could push up, to some, extent exports.' 'The fact that the rupee has appreciated against the Chinese currency is pushing a lot of Chinese imports into the Indian market.'
Before leaving on a 10-day foreign visit starting Monday, Sharma said he would address concerns of foreign retail sector investors and ensure help in setting up stores.
The 'Smart Cities' project is one that has faced many hurdles.
The government should now focus on governance and monitoring the supply side to manage inflation, says M V Subramanian.
All of 22 and straight out of college, Pavithra YS (pictured below) decided to make a difference and look what she's achieved!
The much-awaited schedule for the Lok Sabha polls will be announced by the Election Commission on Wednesday.
Reports from Ludhiana, Coimbatore, Moradabad, Tirupur, Indore, Surat, Delhi, Mumbai, Kolkata, Chennai and Hyderabad, suggest the impact of demonetisation is worsening.
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.
Budget should be a platform for govt to take bold steps.
Resolution to the bad loans problem has to be incremental, and the RBI has to ensure NPAs are not swept under the carpet, HDFC chairman Deepak Parekh tells Joydeep Ghosh.
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The first phase would comprise universal access to banking facilities. Under this, basic bank accounts with zero balance, RuPay debit card and financial literacy, will have to be completed in the next one year, officials said.
The long-term growth perspective or potential for India is one of the highest in the Asia Pacific region.
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