India's track record of over-promising and under-delivering also leaves plenty of room for doubt.
He said the country has witnessed a journey from indecisiveness to clarity and decisiveness.
The proposal had attracted strong criticism from the salaried class.
For an annual dividend income of Rs 10 lakh or more, the investor will pay a DDT of 10 per cent
Credibility of fiscal promises is a virtue that no finance minister can afford to lose.
Finance Minister Arun Jaitley on Friday tabled the pre-Budget Economic Survey in the Lok Sabha.
Most economists feel the RBI has room for a 25-basis point cut, having met inflation targets comfortably
The government last year introduced the Insolvency and Bankruptcy Code.
This will be the first time since the presentation of independent India's first budget on November 26, 1947, that the documents containing income and expenditure statement of the Union government along with finance bill, detailing new tax and other measures for the new financial year, will not be physically printed.
The government has set up a high-level committee.
Finance Minister Arun Jaitley takes a protectionist stance in favour of domestic companies, increases customs duty on certain products.
Sentiments may get impacted as mutual funds have been gaining traction among investors as route to invest in stock markets
The law will be applicable not only to crops but also livestock, dairy and poultry products
The government's decision to buy 36 Rafale fighter jets from French company Dassault has become a controversial political issue, with the main opposition party Congress levelling allegations of corruption and impropriety, and the ruling dispensation defending the move.
His slogan-chanting comes in the wake of Peoples Democratic Party chief and former Jammu and Kashmir chief minister Mehbooba Mufti's criticism that Shah was "daydreaming" about abrogating Article 370 of the Constitution that provides special status to the state.
The governor also said no life has been lost in Jammu and Kashmir due to any violence in the last 10 days
The department of investment and public asset management is scouting for investment bankers and legal advisors to carry forward the transactions.
The combined entity is set to be the third largest bank in India, behind State Bank of India and ICICI Bank.
Simpler GST structure will be key poll plank, Congress sources tell Archis Mohan.
The government is open to providing more capital than that announced in the Budget.
The meetings with various ministries will go on till December 12, according to an office notice
Finance ministers from Congress-ruled states say they have alerted the Centre about the problems in GST for several months, but it is only now with the Gujarat assembly election around the corner that the Modi regime has started heeding these suggestions.
The Finance Minister proposed a cess of 1 per cent on small petrol, LPG and CNG cars, 2.5 per cent on diesel cars of certain capacity.
Thirty-five Union ministers on Friday huddled in a strategy meeting for an image make-over for the government on a day when Congress began its foot march against the land bill from the symbolical Bhatta Parsaul village.
A galaxy of top leaders, including Union ministers Rajnath Singh and Nitin Gadkari and leaders of BJP's allies such as Shiv Sena chief Uddhav Thackeray, Shiromani Akali Dal supremo Parkash Singh Badal and Lok Janshakti Party founder Ram Vilas Paswan were present with Shah.
The move to make the appointment process more robust comes after last month's arrest of S K Jain, chairman and managing director of Syndicate Bank last month, over graft charges.
The Budget will 'further reignite our growth engine, signalling the dawn of a prosperous future.'
India opened up its economy to the private sector in 1991.
Ahead of the Cabinet expansion and reshuffle of the Union Council of Ministers, Prime Minister Narendra Modi on Sunday hosted a breakfast meet for the new faces to be inducted in his Cabinet.
Here's a recap of the events from the past 24 hours.
The proposed bill seeks to raise FDI cap in the sector to 49% from the present 26.5%
The next meeting of the GST Council on January 16 would discuss the issue of jurisdiction over assessees as well as try to reach a finality on taxation of territorial waters
FM's proposal came under immediate attack from various employees unions
The stock market will most likely see bullish trends this week in the run up to Union Budget as investors pin hopes on strong reform measures to rev up the economy, say experts.
According to sources, India is to present all actionable evidence against Pakistan if required at international bodies.
The finance ministry and the RBI have performed many somersaults in these last 42 days.
Modi termed it a 'historic document' to fulfil his government's aim of 'sabka sath sabka vikas'.
The process of getting a new promoter on board is likely to take another two to three months and once that happens, the banks would offload their stakes.
The Congress MP said that national security in our country is not going to get compromised by few people shouting slogans.
Congress said Modi once again "quickly and meekly" caved in to the pressure exerted by Rahul Gandhi.