'Otherwise, how is the government going to make more revenue?' 'The most important thing the GST does is to transfer money from the household consumers who are the most productive users of capital to the most unproductive users of capital, namely the government.'
'Overall, the Indian economy is doing well.' 'Our economic fundamentals are strong and the early signs of recovery are sustainable.' 'This is positive for the market in the long run.'
From the roll-out of GST to H1B visa problems, the government needs to quickly deal with various disruptions.
The Budget sets out a comprehensive vision.
The 30-share Sensex ended lower by 61 points at 29,122 mark and the 50-share Nifty slipped by 12 points to close at 8,797.
The current draft of the Goods and Services Tax could kill any hope of economic revival - and you should blame the Congress if it rolls over and lets it pass, says Mihir S Sharma.
What is required from government is intellectual framework.
'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.'
HCL Technologies and Infosys should benefit more than TCS and Wipro
Vinod Kumar, Tata Communication CEO has amazing business strategies to enhance topline.
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
Markets in green tracking firm global cues.
Congress gets into the opposition groove but still has miles to go, says Saroj Nagi.
The former finance minister also criticised Prime Minister Narendra Modi over the words he chose to attack his predecessor Manmohan Singh, saying he should remember that the Chair he sat on was used by Pandit Jawaharlal Nehru and even Atal Bihari Vajpayee and hence he should use right language.
'While Television generally tends to Clarity,' says Sreehari Nair, 'Arnab Goswami's The Newshour Debate portrays our confusions. Each episode offers both the potency of an intensely-fought boxing match and the giddy pleasures of an orgy.'
Indian economy about to take-off