Hong Kong is the world's freest economy according to the Index of Economic Freedom 2015.
The central bank will come out with fresh set of guidelines for companies applying for on-tap bank licence
It would be a good idea to create independent oversight committees for each regulatory institution and indeed, even for their appellate bodies, says A K Bhattacharya.
'That is not a democratic ideal obviously, but it is a practical reality.' 'It is a consistent feature of politicians in Pakistan that their rhetoric on the army softens the closer they get to the seat of power.'
'Today, political formations seem to adopt an 'us' versus 'them' approach which shows up even in their attitude towards civil servants.'
'This creates an added layer of fear.'
Gross domestic savings as a proportion to GDP fell from a high of 36.8 per cent in FY08 to 30.8 per cent in FY13, according to the Reserve Bank.
Over 15 years, with seven per cent growth, the Indian economy will be three times bigger.
India Inc is encouraged by a determined Budget.
With economic activity buoyed by expectations from the new elected government of "Prime Minister Narendra Modi, India is benefiting from a 'Modi dividend'," the Bank said in its twice-a-year South Asia Economic Focus report on Monday.
The rupee is stable, and a number other of measures have been taken to bring stability in the capital market, the FM said.
President Mamnoon Hussain on Wednesday accused India of "running away" from talks.
The need for larger investment in infrastructure that is the biggest shortcoming, says A V Rajwade.
India's aggregate NPA as a percentage of GDP is far lower than that in Italy, Greece.
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The Indian currency had hit record low of 57.32 against a dollar in June last year.
Global currency market sentiment is likely to be driven by the US deficit and debt ceiling negotiations, with markets likely to turn more risk averse closer to October 17, the date by which the US Congress must approve raising the country's borrowing limit.
The Financial Stability and Development Council members include heads of regulatory bodies like RBI, Sebi and Insurance Regulatory Development Authority.
The outlook is improving and that mostly reflects the fact that the new government has pledged to prioritise economic reforms.
"People in India are benefiting from the whole process of liberalisation," Finance Minister Arun Jailtey said.
There was hope in some quarters that the interim Budget would boost sentiment and lay the groundwork for kick-starting the investment cycle, while staying on a path of fiscal consolidation.
The RBI's warnings signal its concern that unhedged firms could be a vulnerable link should global markets buckle.
Lok Sabha passed the Finance Bill, after approving more than two dozen official amendments, by voice vote, thus completing the Budgetary exercise for 2019-20 in the Lower House.
Officials say a fall in global oil prices will reduce the government's subsidy burden, giving it a greater chance of hitting its ambitious fiscal deficit target of 4.1 percent of gross domestic product in the fiscal year to March.
The finance ministry has put out a revised draft in public domain.
The BJP maintained that stability in economic growth and economic policies of the government along with strong currency attracts foreign investment.
India is among the worst-performing BRICS nations along with Brazil (ranked even lower than India at 71st this year).
'Most importantly, marking a departure from the past, the RBI has made it clear that it is not overtly worried about the level of the local currency,' notes Tamal Bandyopadhyay.
A Bank Investment Company to act as a holding company for state-owned banks would go a long way in minimising government interference and improving governance.
The rupee has also risen during the period and is now trading below the crucial Rs 60 against the dollar mark.
While Manmohan Singh had to deal with high oil prices, inflation and trade deficit, Narendra Modi is lucky as major threats have receded, says T N Ninan.
The outgoing Chief Economic Advisor will always be remembered for his remarkable passion, his large imprint on policymaking and the high level of public debate he fostered
At this point of time, the requirement of the economy is obviously more investment, which will create more jobs and increase purchasing power that will sustain a high level of production, says K M Chandrasekhar.
'Concerns about India's future are hampering private investment.' 'If the private sector sees strategy, teams and execution on these issues, this will inspire confidence in India.' 'This should be our main strategy for 2017,' says Ajay Shah.
'One of the biggest issues the Indian economy faces right now is of job creation...' 'The nexus between growth and employment has to be closed...' 'In the absence of a manufacturing expansion, the alternative is to have the service sector as the driver of both GDP as well as employment growth.'
The repo rate, at which the central bank lends to the system, will come down to 5.75 per cent after the cut.
Sustaining anything in the region of 7% growth should be good enough in a troubled and risk-laden world, says T N Ninan.
Modi's government sees itself in a sweet spot with spare cash.
India's external firewalls were solid in the form of a healthy reserve position.
New initiatives expected to bear fruit by middle of 2015
Foreign investors have poured in a whopping Rs 9,600 crore (Rs 96 billion) in the stock market so far this month, mainly on the hopes of a stable government in general elections starting next month.
