The country last raised the amount of government debt that foreign investors can buy by $5 billion in June last year.
11th-hour debt restructuring programme offered no concessions to creditors
The government has opted for the RuPay debit card over the Aadhaar-based platform for "last-mile" authentication in its Pradhan Mantri Jan Dhan Yojana.
India, he said, has opened up its markets and stepped up public investment including in the infrastructure space and is concentrating a lot on boosting expenditure to improve the quality of rural life
Investors cheered a sharp decline in the Current Account Deficit, which stands at a 4 year low as exports picked up and gold imports reduced.
The reason for the windfall: the soaring value of their stock awards.
BJP's overwhelming win in UP shows that 2014 was no fluke, says R Jagannathan.
The overdraft facility has been sanctioned in only 40,000 accounts
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Companies are legally allowed to invest in markets in India, but the practice has seldom stirred central bank concern until recently, when they have become much more active players.
'When I was playing, the BCCI used to appoint the coach.' 'That was not the captain's prerogative, but now things have changed.'
'We have not seen even during Vajpayee's time what Modi and the BJP has adopted now.'
'She has to get the funds, cut through bureaucratic flab, speed up modernisation, ensure planned acquisitions stick to timelines, make organisational changes and ensure the military is capable of performing the task that it is given,' says Brigadier S K Chatterjee (retd).
The impending default on the IMF loans leaves Greece sliding towards an exit from the euro.
There will very little direct impact from the US Fed's rate hike this time, as we are well prepared both to handle liquidity, outflow of FII funds and managing our currency. But that doesn't mean India will be out of the woods anytime soon, says M V Subramanian.
Indian economy about to take-off
That's how our politics is with no inner-party democracy. That's why we should listen to British MP Hilary Benn's speech, says Shekhar Gupta.
Congress President Sonia Gandhi on Wednesday released the party's manifesto and claimed that the party will perform well in the forthcoming Lok Sabha polls.
You can still save a little more than you already are by changing a few spending habits.
The notes argue that it will widen the talent base available to govt to deliver increasingly complex services to a demanding population.
The government, he said, has implemented 'bold reforms'.
The Opposition on Monday charged the government with trying to promote crony capitalism, creating fear by giving "unbridled power" to taxmen, trying to snoop into people's lives through increased use of Aadhaar through the provisions of the Finance Bill.
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
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The 30-share Sensex lost 22 points to close at 27,090 and the 50-share Nifty gained 7 points to end at 8,121.
Govt wants to up investment in Railways
On a day Narendra Modi attacked the United Progressive Alliance government for its "mis-governance", Congress chief Sonia Gandhi hit back accusing the Bharatiya Janata Party of hatching conspiracies before elections and misleading people in its hunger for power.
'These cow vigilantes would not even have touched a cow in their lives.' 'They are rowdy elements who are paid mercenaries...'
India already allows 100 per cent ownership of greenfield pharma businesses.
The first stage of the inclusion strategy was focussed on opening bank accounts, logically seen as creating the last-mile channels for financial access.
'We need to take steps towards ease of doing business.'
SAAB's Sea Gripen constitutes a new option as the INS Vikrant's light fighter
Prime Minister Narendra Modi on Tuesday came out strongly against Pakistan for continuing its proxy war of terrorism against India, saying it has lost the strength to fight a conventional war.
China's intended role for AIIB is not so different from the existing Western lenders like the World Bank.
The finance minister hiked the total defence expenditure from Rs 203,672 crore in FY 2013-2014 to Rs 229,000 crore for FY 2014-2015. Though the increase appears substantial, it is insufficient to undertake the military modernisation necessary to meet the emerging threats, feels Brigadier Gurmeet Kanwal (retd).
India's economy is not like Western ones, and thus needs restrained fiscal policy even during a recession, says Ajay Shah.
Smart investors fine tune their investments as per the Budget announcements to make the best possible use of tax deductions and other sops.
While some are relatively new in this business, Vodafone, which has 1.8 million touch points in the country, has been offering basic banking and payment services through its pre-paid mobile digital semi-closed wallet called M-Pesa since 2012.
Andhra Pradesh now comes third in ease of doing business.
NDA government has shunned populism.
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