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Prime Minister's key economic advisor C Rangarajan on Friday lowered the growth forecast for the current fiscal to 5.3 per cent from 6.4 per cent projected earlier and listed out host of measures, including further liberalisation of FDI norms to improve economic condition.
Loan waivers will never be enough. Reforming the agricultural marketing system is essential to addressing the concerns of farmers in a sustainable manner, says Nitin Desai.
Power sector accounts for 70% of total industrial water use; steel, paper also make it to the list.
He added every dollar rise in the gas price will result in Rs 4,000 crore of revenue and Rs 2,300 crore in profit after tax.
Gujarat govt will set up a Tribal university in the Narmada district, over 100 smart Ashram shalas, 10 new hostels for tribal girl students
'Imran Khan hopes to fulfill the dreams of the founders of of Pakistan in establishing an Islamic Welfare State.' 'The grave situation of the economy makes realisation of this dream very difficult,' points out Colonel R N Ghosh Dastidar (retd).
India's fiscal deficit trends are a bit like an alcoholic trying, unsuccessfully, to reform. Virtue does not last for too long, says Shankar Acharya.
The Indian stock markets may turn bearish after the US Fed decides to raise interest rates.
This Budget plans for an increase to 10.3% of GDP from 9.9%.
Auto, tourism exceptions but major sectors otherwise saw decline in FY13 inflows.
A provision of Rs 15,000 crore has been made in the budgetary estimate of 2016-17 towards interest subvention.
Pensioners, India Inc may get tax breaks in Budget
'The previous (Congress) government at least did not veto provisions of the cattle laws.' 'The BJP is actively weakening the provisions.' 'The BJP government tried to export goats from Nagpur for slaughter to the Middle East.' 'The whole country was aghast and offended. We are a country of Ahimsa.' 'The BJP has incentivised the butcher industry so meat export has gone up, live animal export has gone up, leather export is on the rise, smuggling has gone up.'
Though three crops of onions are raised in a year - early kharif, late kharif and rabi - their harvests are not evenly spread out.
GST will make it easier for governments to spend more, says T C A Srinivasa Raghavan.
The ministries and departments, where bureaucrats are parked after being moved out of key positions, reflect the priorities of the government.
Politically, it will not be easy for Modi to take hard decisions such as raising fuel prices in the first budget, given the risk of higher inflation.
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'India is doing better than when we took office 17 months ago'.
The idea of strategic disinvestment seems to have been dropped by the government.
Chief Economic Advisor Arvind Subramanian spoke on a wide range of issues -- from GDP growth and fiscal consolidation to job creation and GST.
Pushback to Modi govt's policy pronouncements has already started, it now has a very small window of opportunity to bring in reforms.
The implications aren't too significant, given the size of Ukraine and its role in the global economy.
The Survey projected growth rate of 7-7.75 per cent for 2016-17 with downside risks due to weak global economic scenario.
A total of 183 stocks rallied 10 per cent, of which 32 stocks saw price appreciation of 20 per cent each.
Climate change, air quality, nutrition, even connectivity are joining the political agenda, and it will force a shift in policies.
Budget was a mild disappointment. Yet, the bull run continues.
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The trade deficit makes up an important part of the current account deficit, which had touched an all-time high of 4.8 per cent in 2012-13.
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
If crude prices have increased, retail petro product prices should go up.
India could gain four times over by winding up dysfunctional subsidies.
Revenues of Indian companies, excluding those engaged in banking and oil, are expected to grow marginally at 5-6 per cent in the first quarter of this fiscal.
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The toxic brew of fiscal populism, crony capitalism and bad economic management has ensured the collapse of economic growth, industrial stagnation, stubbornly high consumer inflation, declining savings and investment, shrinking employment opportunities, and a dangerously vulnerable external financing situation.
'All of Indira Gandhi's bad economic ideas are being strengthened, from nationalised banks to anti-poverty, handout yojanas,' says Shekhar Gupta.
In a strong warning to those disrupting border peace, Home Minister Rajnath Singh has said the country will not hesitate in retaliating if someone fires first and asserted the government is ready to talk to Pakistan over PoK and not Kashmir.
We are all 'Chasing the Monsoon', notes Ajit Balakishnan.
Surprisingly, RIL scrip also fell by 2.73 per cent to 1,029.15, becoming the second biggest loser in the index
The loss in Bihar has forced a change in NDA's market positioning, says Shekhar Gupta.
Finance Minister Arun Jaitley presented the Union Budget.
The average land given to the rural landless is small and falling, from 0.95 acres in 2002 to 0.88 acres in 2015 - a 7.4 per cent drop over 13 years-and a slowdown is evident in the process of taking land away from rich landlords, the RTI data reveal.
Most encouraging thing is savings and investment rates are high.
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