Commercial banks are also expected to be soft on loan repayments and restructure the loans, if not write them off.
Instead of mechanically consolidating all labour laws into one, provisions of all labour laws should be relooked in terms of their substance. The irrelevant and archaic provisions have to be fixed, says Aparajita Gupta.
Effects of the new schemes launched under the Pradhan Mantri Awas Yojana would be felt more in tier-II and tier-III cities, as not many budget or affordable housing projects are in the works in metropolitan cities.
Prime Minister Narendra Modi will retain DoPT, Atomic Energy as well as all important policy issues and portfolios not allocated.
Tax incentives to have cascading effect on the capital goods industry.
Analysts mostly prefer domestic plays beside select films with foreign exposure.
SBI remains a favourite of most brokerages in the PSB segment.
Even as the Indian benchmarks, the BSE Sensex and Nifty 50, crumbled over three per cent today, experts are optimistic about the Indian economy and believe investors can still make 30 per cent plus returns in 2015
A Balasubramanian tells Business Standard that the sector will see one of its best phases in the coming five years.
'Four years ago, when Gadkari was BJP president, Fadnavis was president of the state BJP, I had gone on a fast unto death demanding separate statehood for Vidarbha.' 'They had come to meet me and promised that once the party comes to power at the Centre and in the state, we will get separate statehood.' 'Four years have passed, but no change is seen on the ground.'
The failure to reform has meant that there is no buzz about job opportunities, or about urban opportunities enticing young people off the farms. And it is this failure that has contributed to the widespread disappointment that threatens to make the next general elections closer than expected, says Mihir S Sharma.
Sandeep Shanbhag, a chartered accountant and director of Wonderland Consultants, a tax and financial advisory firm, discussed the impact of Budget proposals in a chat with Rediff.com's readers.
As the House took up the debate on Motion of Thanks on the President's Address, the Bharatiya Janata Party launched a frontal attack on opposition parties specially the Congress for their stance against the CAA, saying they were trying to divide the nation.
'The package is for the distressed farmers who are committing suicide due to the severe drought,' Nitin Gadkari tells Arup Roy Choudhury and Sanjeeb Mukherjee.
A mix of industrialists and businessmen, who have inherited riches or rose from humble backgrounds and even endured boom and bust cycles, the top five MPs are illustrative of how the political stock of the wealthy is increasing rapidly.
'The UPA was the gang that couldn't shoot straight. The NDA is the gang that can't stop shooting. They (the Modi government) are shooting at anybody, everybody, all directions, shooting themselves in the foot.'
The government has spent a little less than one-third of the Budget estimate of capital expenditure, it can still spend about Rs 20,000 crore this year without disturbing its fiscal deficit target.
Taking the battle on the land bill issue to social media, Congress on Saturday launched a "Zameen Wapsi" website on the eve of its farmers' rally which is expected to see the first major attack on the government by Rahul Gandhi after his return from leave of absence.
From Dabur to HUL, here are 10 stocks with significant rural exposure in the auto, agri-chemical and fast moving consumer goods sectors, which should see an uptick in sales growth.
'The government has failed to understand the seriousness of the situation, and that's why they are underestimating the problem.' 'They think some tinkering here and there will fix the economy automatically.'
Since December 2018, monetary policy has been eased substantially by RBI with policy rates being cut by 75 bps and policy outlook being changed to 'accommodative'.
Livelihoods and lives are being destroyed in the name of building a 'better' India, writes Congress leader Sachin Pilot, in an exclusive column for Rediff.com.
The former finance minister also criticised Prime Minister Narendra Modi over the words he chose to attack his predecessor Manmohan Singh, saying he should remember that the Chair he sat on was used by Pandit Jawaharlal Nehru and even Atal Bihari Vajpayee and hence he should use right language.
The DMK parliamentary party appears to be a house divided, reports R Rajagopalan.
These tips will help you excel in the competitive exam.
Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark.
Real estate sector cheers reforms in the Budget.
The Prime Minister will formally launch the Rashtriya Kaushal Vikas Yojana and the National Skills Mission on July 15
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
The 102nd Indian Science Congress, which concluded last week, saw claims on ancient aviation and surgery, and created quite a stir
Central pool of onions to be set up; offences under Essential Commodities Act to be made non-bailable.
Efforts by Indian activists to challenge the Biotechnology Regulatory Authority Bill, now pending in Parliament, may get a boost from a controversy that has broken out in the US
2015 is going to witness new agreements on climate change.
Farmers find it difficult to source quality seeds or fertiliser on time from government agencies at subsidised rates.
Sachin P Mampatta goes back in time to recall a deluge that that has passed into lore in Kerala.
Jaitley began his 10-day visit to the US on Wednesday.
The reason behind issuing new bank licences is to allow more private sector entities to set up banks
'No right thinking student of politics can name one state where the BJP gains in double digits.'
Expectations were probably too high from Narendra Modi.
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