Low consumer demand, a slide in investments and troubles in the banking sector should prompt the government to recalibrate taxes and expenditure. It is also important to ramp up spending on health care and education, says CII president Sumit Mazumder.
Cash withdrawal limits likely to continue
This amendment is proposed to be made retrospectively effective from FY16 onwards.
This weakness is likely to continue in the near-term.
The dangerous thing about the present situation is that the government is complacent enough to not realise that we are in the midst of a protracted economic slowdown, Singh said.
Foreign brokerage Goldman Sachs on Monday said it expects new Finance Minister Arun Jaitley to peg the fiscal deficit target for FY15 at 4.3 per cent, up from the 4.1 per cent stated by his predecessor P Chidambaram.
The crime branch officials raided the four call centres on Saturday and arrested one person, but his identity was not revealed as it may affect probe in the case.
Agriculture, social services, education, defence and so on will be brought into the digital fold and every gram panchayat will be connected to the internet.
In 2015, India's domestic aviation market clocked 81 million flights.
A fundraising boom in the domestic market and tightening of the regulatory framework for overseas issues are responsible for this trend.
German Car maker Audi plans to offer cars that can do 400 km on a single charge, says Ajay Modi.
With the creation of the state of Telangana, additions were made to ToRs of the 14th Finance Commission to make recommendations for the newly created states after the reorganisation of Andhra Pradesh.
A memorandum, signed by the chief ministers or finance ministers of Andhra Pradesh, Puducherry, Karnataka, Delhi, West Bengal, Kerala and Punjab, said the terms were disruptive and a cause for concern.
Good intentions are best left to political parties, governments and religious establishments, suggests T C A Srinivasa-Raghavan.
'Concerns about India's future are hampering private investment.' 'If the private sector sees strategy, teams and execution on these issues, this will inspire confidence in India.' 'This should be our main strategy for 2017,' says Ajay Shah.
Despite all the incentives, the start-ups' mega event fell short of expectations
Relax fiscal consolidation, boost public capex and reduce cost of finance, industry tells Centre
'The next fiscal year will be a good one.'
Having ensured the passage of the Telangana Bill, Congress president Sonia Gandhi's main concern now is to see there is no tension in the state and that the decision is accepted amicably by the people of Seema-Andhra following reports of simmering anger in this region over the bifurcation of Andhra Pradesh.
The GST has been a great achievement, but it does suffer from weaknesses, says Chief Economic Adviser Arvind Subramanian.
The Child Protection Services programme under the Integrated Child Development Services was increased to Rs 1,500 crore from Rs 925 crore.
The NSE and BSE made Rs 965.5 crore (Rs 9.65 billion) and Rs 135.2 crore (Rs 1.35 billion), respectively, in profits for FY14.
Adhil Shetty, CEO, BankBazaar.com shares his thoughts on what could help make digitisation and going cashless easier in the New Year.
The industry said if the policy was announced, it would have taken 28 million vehicles bought before March 2005 off the road.
People can deposit idle gold with authorised agencies and take advantage of the price escalation of gold as well as earn interest on the deposit.
Surendra Hiranandani -- chairman and managing director, House of Hiranandani -- explains what ails India's housing sector and indicates the way forward.
It is time to take a few macroeconomic risks to kick start the growth.
Rajesh Vardhan, managing director, Vardhman Group, will chat on property redevelopment on Thursday, October 3, at 3 pm.
The Survey projected growth rate of 7-7.75 per cent for 2016-17 with downside risks due to weak global economic scenario.
