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 government's dependence on debt has come down from 27 paise in the previous Budget to 25 paise in the coming year, reflecting ease of pressure on revenue collections.
Biggest culprit behind India's eroding tax base is excise
Nirmala Sitharaman's elevation not only to full Cabinet minister but also pitchforking her to the elite Cabinet Committee on Security group with the defence portfolio is undoubtedly the biggest takeaway from Sunday's reshuffle, says Rajeev Sharma.
The DMK parliamentary party appears to be a house divided, reports R Rajagopalan.
Chinese President Xi Jinping has announced that the 2.3 million strong People's Liberation Army, the world's largest, will be trimmed by three lakh.
Jaitley's fiscal arithmetic, Crisil said, is "shaky", and the scope for fiscal slippage "remains high".
Congress leader Adhir Ranjan Chowdhury raised the Karnataka issue and accused the ruling party of 'poaching' its MLAs in the state.
Jaitley has managed the difficult feat of sticking to the fiscal correction.
The National Democratic Alliance on Monday night threatened to stall Parliament proceedings to press for the withdrawal of the second affidavit filed against Fernandes.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Eminent business journalist and author Tamal Bandyopadhyay discussed Budget with rediff.com readers on Tuesday.
Dipam is conducting the selection of merchant bankers and legal advisors, and planning roadshows.
The Centre said media reports cannot form the basis for seeking review of the judgement since it is well settled law that courts do not take decision on the basis of media reports.
The government is looking into the complaints about the procedure to determine the winner of the multi-billion dollar combat aircraft deal, Defence Minister A K Antony said on Thursday while admitting that there was no money to sign such a big deal in this fiscal.
ISRO needs next generation launchers and new facilities to manufacture and launch them.
For every rupee in government kitty, as much as one-fourth will come from market borrowing in 2014-15 while 20 paise would be spent towards interest payment.
Pawan Hans, Dredging Corp on list to meet target of Rs 800 bn for 2018-19
More people will be literate, on the Internet, linked to the national identification scheme and likely to receive electricity, especially from alternative-energy sources.
'Modi's health scheme has changed the national conversation. For that reason it must be supported.'
Xi ordered country's 2.3 million-strong military to be absolutely loyal to the party, to focus on how to win in wars, to pioneer reforms and innovation, to scientifically manage commanding a unit, to lead troops in accordance with the strictest standards and to take the forefront in complying with laws and regulations.
The veteran admits Barca have defence problems, slams Dembele
Defence Minister Manohar Parrikar has voiced his concern at Dassault's reported reluctance to meet the terms of the IAF tender, which required the French company to guarantee the 108 fighters that HAL would build in India, after the first 18 were supplied fully-built in France.
President Rajapaksa and Prime Minister Rajapaksa will transform Sri Lanka's political landscape after Thursday's electoral triumph, predicts N Sathiya Moorthy, veteran Colombo watcher.
This whirlwind of activity only confirms that rushing around creating an impression of pompous busy-ness is not the same thing as solving problems, argues Mitali Saran.
With references to politicians and bureaucrats coming up in the chopper scam trial in Italy, the Defence Ministry is expected to seek clarifications on the issue from alleged middleman Guido Haschke during the next hearing of the case there.
The party also expects opposition parties to help its agenda by raising the issue of making the video footage of surgical strikes public.
Prime Minister Narendra Modi has asked the Army to involve international architects and builders along with domestic players while inviting bids for the construction of a "grand" national war memorial in the national capital.
Meeting a long-pending demand of over a crore defence veterans and 12 lakh serving jawans, the government on Monday substantially increased the pension of ex-servicemen.
President Pranab Mukherjee has given nod to re-promulgation of the controversial land ordinance, which could not be converted into law during the recently concluded Budget Session of Parliament, for the third time.
The French taxman is delighted about the prospect of Brazilian soccer star Neymar joining Paris St Germain, the minister in charge of France's public accounts said on Thursday.
Two navy destroyers, the INS Kochi and INS Chennai, fired MR-SAMs simultaneously at two simulated incoming missiles.
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