On the revenue front, the finance ministry was expecting higher proceeds from non-tax revenue.
Adopting a wait- and-watch approach ahead of US Fed meeting
'The domestic scenario is much better than earlier, demonstrated in the March quarter earnings.'
Excise exemptions may be whittled in Budget to offset higher govt salaries, pensions
Managing Brexit, inflation and banking reforms, along with the political environment, will be tough.
There are some 20-odd schemes with this default provision, or something close to it.
PFRDA will invite bids to appoint pension fund managers.
Lack of political consensus on economic reforms a key concern.
The Survey shows fiscal consolidation despite slowdown in growth.
'The market position from here on is expected to go up'.
Among the private banking majors ICICI Bank and HDFC Bank were down 0.2%-0.5% each.
Indices reversed all its losses during late trades.
The Ministry of Corporate Affairs ordered the inspection of the books of accounts of NSEL and Financial Technologies India Ltd to ascertain if any rules under the Companies Act were violated, a senior official said.
Three key babus will make room for a new set of officers to carry the baton of Budget programmes.
The bigger worry is that its effects could linger well into the next financial year.
More than 24 years later, case of wilful absence has finally been proven against the bureaucrat.
Lower inflation, FCNR(B) outflows likely to influence central bank decision
''Even without major reforms, with a business as usual scenario, and with current inflation trends, we should be clocking around 11 to 12 per cent nominal growth.' 'That is not happening and is a source of worry,' Rathin Roy tells Arup Roychoudhury.
The military continues to battle difficult circumstances in Kashmir. Let's not add to their woes by spreading half-baked stories, factually incorrect posts and inaccurate articles.
'If the chief minister says there are areas in her home state where she cannot enter, where has she driven the state to!'
Economic reforms seem to be on a slow train, while good old fiscal populism is alive and flourishing.
High fiscal deficits raise inflation which hits the lowest income and salaried classes.
The derivatives expiry on Thursday is also expected to add to the volatility.
A government that confuses PowerPoints for policy is delaying structural change too much.
Are we adopting an idea whose time has come and gone? My feeling is, yes, says ex-banker C Joseph Chacko in the fourth article of the series on inflation targeting.
The sops sanctioned by J Jayalalithaa on her first day in office could cost the exchequer up to Rs 8,000 crore annually.
Urban markets account for the major share of total revenues.
'Pakistan thinks it is winning this low intensity conflict.' 'It is a serious observation. Half the battle is convincing your adversary that he cannot make headway.' 'A lot depends on how the internal professional management of the army and the handling of situations that are bound to rise sooner than later in his command, are done.'
Admittedly, EVMs too have a UID number and any convergence of data can make the secret ballot system a party of history, warns Dr Gopal Krishna in the 5th part of his series against Aadhaar.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances