Experts feel select companies in banking, automobiles, financial services & real estate will gain from lower interest rates
Banks are in need of government support to manage the stressed assets
'I hope the anger that Gujarat farmers have demonstrated is also reflected in other parts of the country in ensuing elections.' 'Only then will the ruling parties accept that something is terribly going wrong in the hinterland.'
The parlous state of Asia's third largest economy was reflected in the rupee's 18 per cent plunge against the dollar to all time lows since May, when signals emerged that the US Federal Reserve was considering winding down an easy money strategy that had benefitted emerging markets like India.
Single window clearances for realty must.
The economy could return to 8% growth by the end of 2017-2018, says Arvind Panagariya, vice-chairman NITI Aayog.
The government has provided a long-term vision.
It would be a miracle indeed if we grow at 7/8 per cent a year over the current and next few years, says A V Rajwade
The implications aren't too significant, given the size of Ukraine and its role in the global economy.
Weather forecasts have notoriously large error margins.
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
A large number of rich farmers, who earn more than salaried employees in the cities, get away with paying no tax at all in view of the government's lack of will to consider an agricultural income tax
Manmohan Singh, reveals the former President, was keen that either P Chidambaram or Montek Singh Ahluwalia be the finance minister.
This is the BJP's first full-year Budget.
It could be a matter of concern that foreign shareholders of the NSE are registered in tax havens such as Mauritius and Cyprus.
ONGC, Sesa Sterlite, Tata Steel, RIL and HDFC emerged as the biggest losers
India is Asia's other bad debt headache.
It could also clear stalled projects and review various subsidies on the energy, food and fertiliser fronts.
Markets were left high and dry last week, as the 'Monsoon Effect' played havoc on trader sentiment.
Currently, the select committee is considering the Bill.
Appraising Rediff.com about the meeting, a source close to Dr Singh said Modi sought Dr Singh's advice on the economy and foreign policy. Dr Singh told Modi that he concurs with the Reserve Bank of India's concerns about the Indian economy.
Keep exit plans handy, D-day could be the second week of August, writes Sonali Ranade in Market Notes.
Valuation-wise, the markets look more attractive now
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