Most companies often subsidise the sale and the delivery, making losses on their books.
Getting the balance between fiscal restraint and growth-contracting policy remains a problem.
'National assets, created over the years through tax-payers's money, should not be handed over to business houses at throwaway prices.'
The Budget has evoked mixed reactions from Silicon Valley investors.
Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.
Instead of a consumption stimulus the government must address the NPA issue with a war footing and invest in infrastructure, affordable housing and exports, says Sanjeev Nayyar.
'Look at the number of billionaires, the number of new billionaires in India.' 'Adani and Ambani are not the only ones.' 'What's wrong with people making money as long as it benefits us?'
A Cabinet note of the much-awaited legislation is ready and is likely to be put before the state Cabinet in the next 15 days.
India has planned 14 strategic railway lines in areas bordering China, Pakistan and Nepal, but most of these projects are stuck for want of funds. Anusha Soni reports
'By not only decriminalising routine business failures, but by ensuring that institutional lending and corporate rescue frameworks are strengthened via the IBC, the prime minister has ensured there is no room anymore for the proverbial 'reckless, prodigal debtor',' notes Sanju Verma.
US President Barack Obama on Sunday affirmed his commitment to enhancing India's 'voice and vote' in global financial institutions like IMF.
To do so, the government will have to tackle a number of broad development challenges successfully, says Shankar Acharya
Be a fox by temperament and a hedgehog by conviction, Gaurav Dalmia tells Bhupesh Bhandari. Then, he explains why.
Voices from the Treasury are clamouring for lowering rates as this would boost demand.
While consumers will be paying a higher upfront cost for smart metering, the share in the efficiency gains could more than offset this higher spend
Experts have started giving comments on provisions that the govt must make in Budget 2016-17.
To redevelop cities as 'smart', investment of at least $10 billion is required. For 100 cities, it works out to $1 trillion
The government kept its nerve in the face of a massive shock. It chose not to resort to a massive fiscal stimulus. It focused instead on providing liquidity support and easing restrictions on movement in stages, observes T T Ram Mohan.
While naysayers say the economy is on a downward spiral, optimists point out that India has experienced a shift of gears in the realm of policies, thanks to several initiatives of the Narendra Modi government, says Ashok K Lahiri.
A smartly executed reform-recap will be the best booster for the economy, says Ajay Chhibber.
Firms generated free cash flows in 2013-14, for the first time since the 2008 Lehman crisis
Modi govt has a unique style of working, say experts.
'Swachh Bharat Cess imposed last year should be made broad-based.' 'Budget should be predominantly economy/ business-oriented and problem-solving rather than political consideration-based.'
Renewable energy is mistakenly restricted to electricity.
The government has taken a number of steps to address the situation faced by farmers.
Indian Prime Minister Narendra Modi who envisioned Make In India last September was at his eloquent best as he made a fervent plea to global businesses to come Make In India.
He said both countries are opening new areas of cooperation in the energy sector, telecommunications and science and technology and they have set up funds to facilitate investment in high technologies.
The Economic Survey called for improving business environment.
Brokerage CLSA has raised its "already substantial overweight in India", its chief strategist Christopher Wood wrote on Aug. 7.
'The army has stopped short of exerting the sort of influence it may have done historically.' 'It is comfortable with its relations with the civilian government as the superior partner.'
What we want from spectrum allocation is access to broadband networks at prices that will result in productivity gains.
The real estate sector is set to enter a progressive phase in 2015.
BSE proposes two models for making gold trading and investment transparent
Poor land-use planning, indiscriminate approvals of building plans and the absence of disaster-risk assessment in urban design have resulted in what experts term concentrated concretization, predisposing cities to disaster risks
Arun Jaitley had a tough fiscal hill to climb.
Investors lost around Rs 1.57 lakh crore in market valuation on Friday.
The loss in Bihar has forced a change in NDA's market positioning, says Shekhar Gupta.
The larger virtue of maintaining fiscal credibility should not be unduly diluted by quibbles on the fiscal math, says Sajjid Chinoy.
The Street is never short of hope and events to look forward to
Modi placed a $12.6 billion bet in this year's budget on road building