The markets gained nearly 7 per cent in the 4 trading sessions of March.
'On December 5, the government called unions for pre-Budget consultations.' '12 trade unions were called and the time allotted was one hour which means 5 minutes for each union.' 'We were asked to present our views in about four minutes.' 'That itself is a reflection of how serious the government is about workers' demands.'
Among the private banking majors ICICI Bank and HDFC Bank were down 0.2%-0.5% each.
Lower inflation, FCNR(B) outflows likely to influence central bank decision
There are some 20-odd schemes with this default provision, or something close to it.
''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.
Allowing it to lapse leaves you unprotected and can, in some cases, cause loss of premiums paid, experts tell Sanjay Kumar Singh.
With the Sensex again nearing 28,000 points, investors can make good returns with a one-two year horizon.
The derivatives expiry on Thursday is also expected to add to the volatility.
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.
Every demand of the armed forces remains essentially anchored to 1964 and its fulfilment or otherwise largely a function of money availability
RJD president Lalu Prasad on Thursday said Railway Budget has cheated people as it has nothing to offer.
As for structural reform, there are signs if one looks hard enough.
Economic reforms seem to be on a slow train, while good old fiscal populism is alive and flourishing.
The RSS chief's comment that if war broke out, the military would not be ready for at least six to seven months is correct as it faces a shortfall in training and alertness and an even greater lack of funds for defence preparedness, notes Ajai Shukla.
There are many collateral advantages of taking the tough decision.
The sops sanctioned by J Jayalalithaa on her first day in office could cost the exchequer up to Rs 8,000 crore annually.
The Modi government has not lived up to the muscularity the prime minister promised while campaigning, says Ajai Shukla
High fiscal deficits raise inflation which hits the lowest income and salaried classes.
India as a large country should have inter-modal connectivity, which will help us make travel easier, safer and seamless. That is how you will also gain. You will gain more money, make more revenues, says Praful Patel.
Structural changes to government finances could be focus of the Union Budget, says Mihir S Sharma.
'Making the railways better is a different type of a challenge.'
Excerpts from a speech on the Supplementary Demands for Grants, December 15.
While the farmers are not getting remunerative prices for their produce, at the same time they are forced to pay high prices for items they consume.
A government that confuses PowerPoints for policy is delaying structural change too much.
With a middle class still so small and no apparent leaps in productivity on the farm or in manufacturing on the horizon, India faces its own age of diminished expectations.
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.
'Too much energy these three years has been invested in turning the party into an election-winning machine.' 'To recover its mojo, the Modi government needs a more impressive set of economic figures to flaunt,' says Shekhar Gupta.
Unimaginative increments, persistent refusal of funds have turned the military into an underfed child scared to ask for a full meal.
Summary of sports events and persons who made news on Tuesday
Urban markets account for the major share of total revenues.
'Our first great challenge is to create 12 million new jobs each year, to make the demographic dividend an economic dividend.' 'We are nowhere near that,' points out Mohan Guruswamy.
Commerce ministry monitoring remedial measures to promote exports in key markets.
'If the chief minister says there are areas in her home state where she cannot enter, where has she driven the state to!'
Following the Budget being announced by Finance Minister Arun Jaitley, leaders across the political spectrum provided their views.
Formidable challenges including funds for the farm loan-waiver, and law and order stare him at his face, with the opposition claiming the misses have outnumbered the hits.
Instead of ramming through change, Mr Parrikar has tied his own hands by placing reform at the mercy of numerous committees, says Ajai Shukla.
'If Modi sincerely thinks that Dalits are also Hindus then spread this message to the entire nation through programmes like Mann Ki Baat.' 'We would love to listen to the PM tell the nation to look upon us as fellow Indians and human beings.'
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.
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