The task of Union Finance Minister Arun Jaitley to keep inflation under check, even when the country reeled under severe drought for two years in a row, and reduce the current account deficit, was made easier by low crude oil prices.
A large chunk of the Rs 8.8 lakh crore of investments the Patnaik government had attracted is in uncertain territory.
'The Budget has maintained fiscal prudence while announcing a number of steps to boost growth, particularly in infrastructure and rural sectors.'
The markets had been on an upward trajectory since August 2013.
'The economy will pick up in 2020 or a little later... When it picks up, will it reach 10%, 8% or still lower? It all depends on how realistic are the diagnosis and the prescriptions that follow,' says Professor K J Joseph.
No stock on BSE Sensex ended in red while only 3 stocks in the broader Nifty50 index settled the day negative
Modi government has to come up with a robust economic agenda to impress the masses.
Few lessons world leaders can learn from Tim Cook.
Sensex, Nifty end lower on global concerns.
The green tribunal has diminished itself in growling when it needed to bite at the Art of Living show
The Mukesh Ambani-led Reliance Industries Ltd (RIL) might take a write-down on the KG-D6 block.
Promoter holding in family-owned firms up 70 bps since 2005, 240 bps since 2010.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
He wants to transform his retail-led enterprise into a consumer goods giant, and reach Rs 1 lakh crore in turnover by 2021, but is that feasible?
India Inc is encouraged by a determined Budget.
The Modi government's e-auction policy for coal, meant to shield the consumer against hike in electricity charges, has already led to serious allegations of cartelisation among the bidding corporates. Matters came to such a pass that the government at one point last week was considering inviting the Central Bureau of Investigation to probe the matter, reports Sheela Bhatt/Rediff.com.
Muzzling NGOs is unbecoming of a democracy. Self-confident democracies encourage, indeed applaud, the involvement of citizens' associations, including NGOs, in social and political decision-making and development planning. Instead, our paranoid government bullies and terrorises them, says Praful Bidwai.
