Usually, a fall in oil prices is followed with a cut in retail prices of auto fuels and the government passes on the benefit to consumers. However, Morgan Stanley believes gains this time around will remain capped.
Filing with inadequate disclosure of assets will be liable for prosecution
It's crucial for Modi to make India an easier place to do business.
'Look at Mr Modi. He is a part of this new middle class.' 'India has never before seen this kind of social mobility, certainly not since medieval times.' 'As a result, India's entrenched elite, which is a class of people with a strong sense of entitlement, is being tamed,' Sanjeev Sanyal tells Shyamal Majumdar and Arup Roychoudhury.
'I feel now we have a leader who is non-corruptible.' 'But he needs time as corruption is deep-rooted in our society, and people have no shame about being corrupt.' 'It will take at least 7 years to make some changes.'
Governor Rajan can be more unambiguously pro-growth.
There has been a welcome focus on fundamental reforms, time-bound programmes that fix accountability and the use of technology. The upcoming Budget could build on these initiatives, says Abhas Jha.
Brexit will likely put brakes on the UK's growth prospects.
The central bank measures though are also taking a toll on the banking sector, which is heavily reliant on short-term money markets for capital.
China's intended role for AIIB is not so different from the existing Western lenders like the World Bank.
What China's market crash means for India
India is poorer than the world average and so naturally has a greater percentage of poor people and a lower percentage of rich people. Yet using absolute numbers, India has more of almost everything, which is misleading, says Debraj Ray and Maitreesh Ghatak.
The Indian rupee slumped to a record low near 69 to the dollar on Wednesday on growing worries that foreign investors will continue to sell out of a country facing stiff economic challenges and volatile global markets.
Curbing the federal deficit is the government's absolute priority on February 28.
The upcoming Budget gives Finance Minister Arun Jaitley a chance to let states boost spending.
Slow pace of reforms in India is disappointing: Faber
'Tying somebody to the jeep is not the military way, but the officer was able to come out of the situation without any bloodshed.' 'I am not supporting him, but I am also not criticising him.' 'He had to use some mechanism to save the uniformed personnel, many of whom were Kashmiri boys of the J&K police,' points out Lieutenant General D B Shekatkar (retd), who was instrumental in the surrender of a record 1,267 terrorists in Kashmir.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
With EU, it is part of the FTA that we will need to negotiate.
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