Telangana's Rythu Bandhu policy is an embryonic UBI, or rather embryonic QUBI (a quasi-universal basic income, pronounced Kyoo-Bee). And it could potentially also be the future of agricultural policy in India, says Arvind Subramanian.
The Budget may see new rural schemes and stepping up of funding towards existing programmes like MNREGA, rural housing, irrigation projects and crop insurance.
Investors are sceptical that the economy could have picked up so much steam.
'The Modi government needs some big private sector trophies to affirm its anti-corruption credentials before the polls.' 'So on whose neck will the sword fall next?' 'To that extent, the outing of the ICICI Bank-Videocon story is cathartic,' says Shekhar Gupta.
'It was incredibly heart-wrenching to see people waiting to be evacuated -- children, parents and grandparents. Many families did not get to leave together. An order of priority was drawn up, and the first ones to be evacuated were pregnant women, single and/or older women and dialysis patients. Most were happy to be on the plane but also very distressed to have left behind family and friends.'
The RBI should provide readily accessible summary information on its website about all corporate debt defaulters and the amounts involved.
Needs funds for Odisha plant expansion, to cut high debt.
Recent tribunal rulings open prospects of large haircuts and barriers to auctioning of personal guarantees, among other issues
Citing rising prices, slowdown in growth and depreciation of rupee among the problems facing the economy, the opposition members said in the Lok Sabha that they feared the repeat of the 1991 crisis when the country had to mortgage gold as it failed to meet short-term debt obligations.
Generally, a district collector declares crops in his area as being affected due to a catastrophe, which automatically triggers favourable treatment of bank loans, under which the affected dud loans are not treated as bad loans, Rajan said.
Mirach Capital rejected accusations of indulging in forgery.
As for structural reform, there are signs if one looks hard enough.
'When you come through the hassles and struggles of business life, your mind is wired differently.' 'You are more connected to reality,' Akali Dal MP Naresh Gujral tells Rahul Jacob and Archis Mohan
The Supreme Court on Tuesday retained its direction to Karnataka to release 2000 cusecs of Cauvery water per day to Tamil Nadu till further orders.
News of all that's transpired on and off the football field
Companies think they are too big to bow before regulators.
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 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.
'Restrict the amount of time you spend on social media.' 'We have people who are glued to it from morning to night, which is certainly not what we recommend.' 'And do not take the stuff that you read on WhatsApp as sacrosanct.' 'A lot of it is absolutely nonsense.'
As economic policy making moves from pragmatism to populism, the bulls begin to make way for cautious optimists.
While many promises remain unrealised, power reforms and the creation of tens of millions of new bank accounts have helped Modi maintain his popularity
Besides return and risk, investors also need to weigh the liquidity of the instrument they are putting money in
The government is set to carry out a performance review of companies that have opted for corporate debt restructuring (CDR).
Opposition members kept on shouting 'Pradhan Mantri sadan me aao'.
'Mumbai stands tall yet again.' Bollywood raves about the city's resilience.
Till March 2011, things were manageable.
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RBI's move to link loan payment to construction progress is likely to bring down property prices.
The central bank says that PSU banks need to generate more internal capital and that the government should cut stake.
With nearly a quarter of U.S. energy shares' value wiped out by oil's six-month slide, investors are wondering if the sector has taken enough punishment and whether it is time to pile back in ahead of earnings reports later this month.
Countries with abundant resources are faring worse in terms of development than those with less.
While the IMD had forecast a 'normal' monsoon for the entire season, Skymet stated that rain this year would be 'below normal', report Sanjeeb Mukherjee and Sahil Makkar.
Overall, the Survey warned that unless shifts in the vision of development were articulated and embraced, the Indian economy would lose the chance to move to a high-growth trajectory.
Centre's off-the-record instructions through WhatsApp and a squeeze on funds brought the rural work programme to collapse after a roaring first half of the year.
The government must realise that it has very little time to recover itself, its reputation, its legacy - and India's fortunes,says Mihir S Sharma.
Elections in Gujarat, Himachal Pradesh, Karnataka, Chhattisgarh, Madhya Pradesh and Rajasthan will see the BJP and Congress in direct contest.
Several brokerage houses have given a year-end target of as high as 30,000 for the BSE bourse's benchmark Sensex, with fund managers telling investors not to redeem though the index is still only around 25,000.
India Inc on Wednesday said the Reserve Bank's move to cut interest rate by 0.50 per cent is "pro-growth" and exhorted banks to transmit the lower interest rate to borrowers to revive demand and kick-start the investment cycle.
Democracies avoid serious political turbulence only so long as they ensure that the relative level of inequality between the rich and the poor does not become excessively large, says Vice President M Hamid Ansari.
Here's what celebrities had to say about Arun Jaitley's Budget.
The Opposition on Monday charged the government with trying to promote crony capitalism, creating fear by giving "unbridled power" to taxmen, trying to snoop into people's lives through increased use of Aadhaar through the provisions of the Finance Bill.
