The auto industry expects lower taxes and interest rates from Budget 2015.
The basics and history of India's tax policy suggests that increase in the number of taxpayers has occurred and so has compliance with a reduction of tax slabs and moderate rates of tax.
Most encouraging thing is savings and investment rates are high.
Greece awoke with a political hangover on Thursday after parliament approved a stringent bailout programme, thanks to the votes of the pro-European opposition, amid the worst protest violence this year.
Progress on several parameters creates a tipping point situation.
Happy at the clear mandate given by voters to the BJP-led NDA, India Inc on Friday exuded confidence that Narendra Modi will initiate bold and decisive policy reforms to promote economic growth.
The cutback on export credit refinance facility is another step towards a shift away from sector-specific liquidity allocations.
SBI's gross NPA figures have shown a decline for three consecutive quarters.
Diplomatic and Congressional sources tell Rediff.com that for all intents and purposes, the F-16 sale is dead.
'Markets should be driven more or less by earnings growth.'
Nexon is the first sub-4 metre sports utility vehicle from Tata Motors' stable and is expected to give a tough competition to the likes of Maruti's Vitara Brezza and Ford's EcoSport.
Reserve Bank of India Governor Shaktikanta Das tells Anup Roy, Raghu Mohan and Niraj Bhatt that it is time for banks to lower interest rates and start lending to cash-starved finance companies after due credit appraisal and proper risk assessment.
'The optimistic advice might be "fasten your seat belts" and the pessimistic one might just turn out to be "brace for impact",' says Claude Smadja.
As it is a highly liquid asset, central banks can afford to look past its short-term volatility to longer-run average returns.
Strategy being reworked to launch ETFs, revive Suuti; proceeds may be Rs 24k crore
In his book, former governor Subbarao says Chidambaram, Pranab were piqued by his tight rate policy.
Indian economy about to take-off
Expressing disappointment over the hike in repo rate by the RBI, India Inc on Friday said a rate cut by the bank would have helped ameliorate sentiments as businesses are "reeling" under a tight liquidity crunch due to high cost of capital.
Prime Minister Malcolm Turnbull's first State visit to India is an indication of the success of India's Act East Policy, says Dr Rahul Mishra.
For India, it is business as usual with the government muddling along.
Top 5 losers include Infosys, TCS, ITC, M&M and HUL.
The elements are all aligned to make India a global powerhouse, says IMF Managing Director Christine Lagarde.
A full-blown recovery remained elusive for India Inc in the July-September quarter, even as it overcame the challenge of achieving profitable growth.
Shankar Acharya gives ten predictions on key politico-economic developments in the world and ten for India.
Most immediately, he pledged to move slowly if needed in winding down an oil window that provides dollars directly to state-run oil companies
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To a question on by when he expects investments to pick up, Jaitley said: "We are quite close to that point because there are a large number of investors who are waiting to come in and they only want to be doubly sure about the credibility of the decision making process and the stability of the policies."
Indian govt is trying hard to get global investors to invest in the country.
Along with the US and China, India could be a big enough force in global manufacturing
After helping the government in policymaking since October 2014, Chief Economic Adviser Arvind Subramanian is returning to academics and will be teaching at Harvard Kennedy School on a visiting position. In an interview to Dilasha Seth and Somesh Jha, he says the ease of doing business agenda needs to move forward and India must try to integrate with the global value chains. Edited excerpts.
'I can confidently say there will be another financial crisis soon enough, and probably more than one global crisis within the next century, given the increasingly integrated nature of the global economy.'
Because of India's weak fiscal position, the plethora of debt-burdened infrastructure companies and the poor asset quality of public sector banks, economic growth in 2015-16 may be limited to about six per cent, say Shankar Acharya.
Aditya Puri thinks the government is on track.
Modi has the ideas for a new, hopeful India, and an idiom in which to sell optimism to voters. But he doesn't yet have the team for it, and soon enough, questions will begin to be asked by an impatient, non-ideological, I-don't-owe-anybody-anything generation of Indian voters, says Shekar Gupta.
Markets will remain closed on Thursday, 12 November 2015 on account of Diwali Balipratipada.
'India easily remains one among the more attractive large economies, with high growth and stable/improving macros, as a top investment destination.' 'We are looking pretty good.'
The 30-share Sensex closed down 114 points at 28,622 and the 50-share Nifty ended down 37 points at 8,686.
Hence, the claims by the Government that this will end the menace of black money and corruption are simply outlandish. Also, the simultaneous introduction of Rs 2,000 note undermines their claim and it simply does not fit the storyline of an attack on black money and corruption.
Chinese leaders may well respond to challenges with heightened rhetoric.
India should not have a large bilateral military training program in Afghanistan in the future because that would predictably exacerbate tensions, says Director of research, Brookings Institution Michael O'Hanlon.
It will be difficult for the Indian equity to outperform overall growth to the extent bullish observers expect.
