'Market feels this Budget will promote all-round growth and that is what is giving it confidence.'
'We are confident that over the next few years the government will strike a fine balance between populist measures and growth, and manage coalition partners well.'
While a DFI will help banks derisk their loan portfolios, creation of a bad bank will clean up their balance sheets.
After Multi Fiber Arrangement is phased out, the textile industry of developing economies like India will have a reason to be optimistic about the long-term growth opportunity.
Is this year's budget going to encourage savings and investments or is it going to act as a dampener?
Investor wealth zoomed over Rs 10.48 lakh crore in two days as the Budget-driven market euphoria continued to charge bulls on Tuesday.
The finance minister gave a reason to cheer to mutual fund investors last week. After the announcement of the Budget, the stock markets rose sharply.
'We need to put aside our anxieties about the Budget for now and possibly for long, and carry on as best as we can,' advises Shreekant Sambrani.
'In the final analysis, all Budgets everywhere are like the schemes hatched by A A Milne's lovable Winnie-the-Pooh.' 'They may be well-intended, but often go awry.' 'Although Pooh and his friends agree that he 'has very little brain', he is occasionally acknowledged to have a clever idea, usually driven by common sense.' 'This Budget at a first glance does not appear to belong to that latter category,' says economist Shreekant Sambrani.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
The Budget oration of the finance minister and the confidence with which she delivered it, along with the measures and the recent upsurge in the economy would all contribute to unleashing the storied 'animal spirits' and help the economy run on the growth path quite smoothly. Or so the government hopes, notes Shreekant Sambrani.
'I have been advising investors since the last couple of months to at least take their capital out.' 'Most of the people have made 50-60 per cent in the market, if not more, they must at least take their capital out.'
Kerala Governor Arif Mohammed Khan, Chief Minister Pinarayi Vijayan and Congress MP Shashi Tharoor were also present with the PM as he interacted with the students inside the train.
Faced with one setback after another in expanding the scope of mining in the country, almost all the major miners of the world have wound down their operations in India.
The RBI expects change, presumably commencing in the next Budget, but must hold its current view until this actually happens.
In UK, France and Germany, the president and CEO of Edelweiss Securities, anticipates votes incrementally in favour of local protection and de-globalisation.
2016 is difficult to predict, and this uncertainty will drive volatility in global markets.
Auto sector has nothing to look forward to in the Budget.
Whilst substantive public allocations have been made in the infrastructure sector, this strategy is plateauing due to the fiscal deficit constraint, capacity limitation of statal implementing agencies, the declining ability of PSUs, and the precarious situation of the Railways' operating ratio. It is, thus, high time to get the policy compass to point at rejuvenating private sector investments in infrastructure, says Vinayak Chatterjee.
'Poor people need to survive, and with the prices of vegetables, petrol, electricity and water high, there was no option but to vote for AAP to change things.'
Many believe that marketing budgets could be a hurdle.
The abolition of wealth tax is again a welcome step.
The muted CPI inflation print at 5% earlier this week, followed by a similar WPI number released Wednesday, seems to have spurred India's central bank into action, is how the economists are reading into Reserve Bank of India governor Raghuram Rajan's 25 basis point cut in repo rate.
Many things could play spoilsport for the Indian economy.
Here's the full text of President Ram Nath Kovind's address to the nation on the eve of 71st Republic Day.
The truth is that few ministries in the Modi sarkar are working on new and updated legislation of any kind.
When Jaws released in June 1975, it changed the way Americans watch movies, says Aseem Chhabra.
How should you, as a consumer, be prepared for a rate cut, if any? Read on to find out more.
The real estate sector is set to enter a progressive phase in 2015.
Bogged down by inefficient administration and unable to attract financing, the once legendary football clubs of Kolkata are fading into irrelevance.
A successor to Mi 4, the 'i' in 4i reflects Xiaomi's focus on India even as the Chinese company is losing ground to Apple on home turf.
'15, 17 years back we were not even in existence in the US. Today nearly 1/3 of prescriptions written comes from India.' 'India is showing that in a very competitive environment -- like the US and Europe -- our industry is doing very well.'
How much money the Modi government has already spent and is going to spend on all those foreign trips, muses Sunita Iyer
Read the full transcript of President Obama's State of the Union address on Wednesday at the US Capitol in Washington.
In his penultimate State of the Union address, Barack Obama said that the economy is improving.
