Five states -- Maharashtra, Haryana, Rajasthan, Punjab and Gujarat -- face a massive power crisis.
Once decisions are taken to sell stock in certain state-controlled enterprises, there is no reason to not start scheduling sales immediately.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
In an urgent need for its image makeover, the scam-tainted coal sector will require mammoth efforts in 2015 from the government and the corporates too.
If the power plants are reporting low coal stocks with them, it is largely because they have improved their power generation to meet higher demand.
'While collections under the Income Disclosure Scheme explain it partly, indirect tax numbers not showing any effect of the withdrawal of high denomination currency notes was puzzling.'
For India, it is business as usual with the government muddling along.
Govt keen to revive business sentiment in india.
Investor confidence has evaporated amid fears over the rising cost of funding India's gaping current account deficit, prompting New Delhi to delay plans to raise much-needed funds through partial privatisations, finance ministry sources said.
To check fiscal deficit, government needs to drastically cut Plan expenditure.
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