'I would recommend two parts to fiscal support. One, support the lower end of the society by direct intervention through ways such as direct benefit cash transfer. Second, give fiscal support to the stressed sectors in line with the Rs 3-lakh crore (Rs 3 trillion) emergency credit line guarantee norms'
The outgoing Chief Economic Advisor will always be remembered for his remarkable passion, his large imprint on policymaking and the high level of public debate he fostered
If the items and services such selected subsequently pass the test from the fitment committee and the GST Council, this would be the first of such rate hikes, after a series of cuts in the process of rate rationalisation that started in November 2017.
Although this may not be music to Raghuram Rajan and Viral Acharya's ears, the real reason in my estimation for their quitting is expatriate over-sensitivity, intolerance or arrogance, argues B S Raghavan, the distinguished civil servant.
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Stating that there are strong inter-linkages between banks, NBFCs and other deposit-taking entities, he said for monetary policy to be effective and financial markets to remain stable, they should be regulated by the central bank.
There's surplus liquidity and RBI, with plentiful forex reserves, is ready to pump whatever extra is needed
The new governments will have to spend much more than Rs 220 billion in Rajasthan, more than Rs 160 billion in MP, and nearly Rs 30 billion in Chhattisgarh.
Stalin has given due respect to seniority in the pecking order, but has also taken into consideration the demands of individual ministries and the suitability of individuals, observes N Sathiya Moorthy.
'India's economic fundamentals are much too strong to be affected by his resignation,' says B S Raghavan.
For the wealthy, post-tax returns of debt funds would work out better
Excerpts from a speech on the Supplementary Demands for Grants, December 15.
Rajan will evolve a policy with the help of professional persons for a national consensus if we have to carry on with implementing social and economic changes in a complex economy.
While Arun Jaitley remains part of the decision making process, Piyush Goyal, who was given additional charge on May 14, attends cabinet meetings and takes the day-to-day decisions.
'Reports in a section of media regarding Union Minister Shri Arun Jaitley's health condition are false and baseless. Media is advised to stay clear of rumour mongering,' Government Spokesman Sitanshu Kar tweeted.
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Q1 results indicate more pain ahead, as slowdown has spread to more sectors, pricing power has come down and rising interest cost is eating into profits.
Brokers said a flurry of buying by investors in blue-chips mainly influenced the sentiment.
Modi said there was a need to make transactions 'transparent' in India.
There are certain key points that one must know when while applying for education loans
Leaders of 22 opposition parties met the Election Commission and demanded verification of VVPAT slips of randomly-selected polling stations before the counting of the votes.
Thanks to Budget 2018, seniors can invest more and also save more.
The rule required firms to mandatorily export 20 per cent of the gold they had imported.
Jigar Shah, chief executive officer, Maybank Kim Eng Securities is not certain that the DMart listing would trigger a re-rating of the Indian retailing sector.
Corporate legal cases kept India Inc on its toes in 2014 as high stake matters on coal, telecom and mining came up in the Supreme Court, which also sent Sahara Group chief Subrata Roy to jail.
One Rank One Pension (OROP) will have a significant impact on the country's fiscal bill and the overall cost will be around Rs 16,000 crore.
A national cyber crime and coordination centre meant to fend off such attacks is still awaiting approval
The MPC states that the 4 external members will have a tenure of four years each.
If you have plans to buy a new home in 2015, there's good news for you
For 2014-15, the bill on this account is likely to be 12.8% more than in 2013-14.
After his decision to return back to academia, there have been voices suggesting that his candid public speeches were one of the aspects which made the government uncomfortable about reappointing Rajan for another term
The Jan Dhan scheme restricts the scope of life insurance cover to bring down burden on the exchequer.
Archis Mohan decodes Bharatiya Janata Party's pre-presidential poll manoeuvres.
Poor performance of the banking, oil and exploration industries have impacted corporate tax collections.
Mahinda Rajapaksa recovered from his 2015 electoral losses, went to the people and campaigned about the injustice done to him. Without attempting to be subtle, he underscored his image of the Sinhala Buddhist warrior a la Dutugemunu, the king of Sri Lanka (164 BC to 140 BC) who led the military campaign against the invading warlord Elara.
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.
'If there is any industry that is unfit for modern corporate form it is the diamond trade.' 'But no one was asking the right questions.' 'The music was playing and so the game was on,' says S Murlidharan, former MD, BNP Paribas.
Over 95 lakh voters will decide the fate of 539 candidates, including 43 females, in 65 constituencies spread across the state.
The bills were passed by voice vote.
Indian bond yields may not spike if the government opts to increase spending when it unveils its annual budget in late February.
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