Senior policymakers say it is a tough task and the finance ministry may resort to the time-tested method of carrying forward part of the subsidy payment burden to the next fiscal year.
Possibility of higher growth and relatively cheaper valuations makes Street more positive on Infosys, says Sheetal Agarwal.
The breadth was neutral with 1,329 advances and 1,320 declines.
Infosys has been focusing on winning more lucrative digital technology and automation outsourcing contracts.
Nitin Desai suggests some concrete measures to revive investment and boost growth.
Reflecting the woes of the Indian automobile industry, the country's car exports remained flat at 550,466 units in 2013-14, during which domestic sales fell for the second consecutive year.
An intense heatwave in Pakistan's southern Sindh province has killed at least 260 people in the country's worst heatstroke in more than a decade, triggering an emergency situation in major hospitals in Karachi on Monday.
While some companies used that to become world leaders, others squandered it by over-borrowing.
The breadth, indicating the overall health of the market, was slightly positive
Is it time to take a relook at our economic theories? asks Ajit Balakrishnan.
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President Pranab Mukherjee has sought to counter criticism against the economic stimulus provided when he was the Finance Minister in 2009 and maintained that economy under him registered high growth rates.
India accounted for a meagre 5.1 per cent of merger and acquisition (M&A) deals among emerging countries in the first nine months this year, the lowest in the BRIC (Brazil, Russia, India and China) nations.
Livelihoods and lives are being destroyed in the name of building a 'better' India, writes Congress leader Sachin Pilot, in an exclusive column for Rediff.com.
Money saved is money earned, and cutting down your expenses could well be the single-most important step towards an organised financial life. Naval Goel shows you how to keep your finances organised.
Being a victim of recurring political unrest over three decades, low productivity and escalating production cost, the Darjeeling tea industry has not been in good financial health over a long time.
The disturbing aspect about the fall is that it comes as the US and European economies are relatively more stable and improving
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The Reserve Bank of India late on Wednesday unveiled rules to restrict how much its citizens and companies can invest abroad and announced additional curbs on gold imports.
'The full effects of the government initiatives will have to work their way through, whether in infrastructure or in the banking sector.'
Lot will depend on the discom's ability to source cheap power and pass on the same to consumer
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A weak rupee makes imports costlier, including oil and other commodities.
The stock was the worst performer among the blue-chips on both Sensex and Nifty.
The question really is whether the US can be persuaded to embark on a path of calibrated and stronger sanctions on Pakistan.
Markets opened marginally higher helped by a rebound in index heavyweights
Privatisation or consolidation into half a dozen large banks might not rescue public sector banks from the crisis they find themselves in.
The regulator has made it mandatory for insurers to have a minimum percentage of motor third-party business underwritten.
It was difficult to set up a unified zone on the SEZ land.
Infra sector is neglected by the Modi govt.
'The most difficult thing in the world is to convince someone to put Rs 20 crore on your movie script.'
Total debt for listed Indian companies excluding financials fell only 4 per cent to $368 billion in the year ended in March 2015.
The S&P BSE Sensex shed 286 points to close at 24,539 and the Nifty50 lost 100 points to end at 7,456.
The prospective owners of Indian low-cost carrier SpiceJet Ltd plan to cut the airline's fleet, shrink its network and return to a "plain vanilla" business model to achieve profitability, two people close to the investors said.
My NPAs are reducing and recovery is going up. This will help us to augment our revenue, says R Subramaniakumar of IOB.
This will add to the woes of the conglomerate that had received a show-cause notice from the Directorate of Revenue Intelligence (DRI) last week for alleged over-valuation of imported machinery by Rs 2,000 crore.
Markets ended in red, index heavyweights drag.
The I-T department had said Vodafone India under-priced shares in a rights issue to its parent. The tax demand was for the two financial years ended March 2011.
The government's fiscal deficit may exceed the target of 4.8 per cent of GDP by 0.50 percentage points in this financial year, and money-guzzling measures like decision to push the Food Security Bill are only expected to complicate the matter.
Poor performance of the banking, oil and exploration industries have impacted corporate tax collections.
Debt funds have exposure of nearly Rs 8,000 crore to Zee group papers. Aditya Birla MF, HDFC MF, Franklin Templeton MF, and ICICI Prudential MF have the highest exposure, reports Samie Modak.
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