Any liquid money that gold replaces for CRR or SLR compliance will allow banks to use this 'extra' cash for lending to borrowers
Expectations are that the government will use the Union Budget to create an environment, which is conducive for growth.
'So far the youth were Modi's strength.' 'It now seems under pressure, and for good reason: Crisis in education, jobs, slowdown in manufacturing, and thereby trading,' points out Shekhar Gupta.
From Arvind Kejriwal to Priyanka, this has been a media-determined election. Two forces stand poised, the people inventing new politics and the media inventing its own version of that politics, says Shiv Visvanathan.
Simple takeaways from the Union Budget 2015-16 and how it impacts your life
From farmers to cement, steel, logistics, transportation and automobiles, the back-end is struggling to get going due to the liquidity crisis.
'If Indian armed forces entered Pakistan and succeeded in inflicting major damage on the Pakistani army and occupied territory in the Pakistani heartland, there is reason to think the Pakistani military would use some nuclear weapons against the incoming Indian forces to compel India to stop.'
Following is the full text of Congress vice-president Rahul Gandhi's speech at FICCI's 86th annual general meeting on Saturday:
President Pranab Mukherjee on Monday addressed the first joint sitting of Parliament as mandatorily required under the Constitution after the general elections. The address is the political, economic and foreign policy road map of the Narendra Modi government and covers virtually all crucial areas.
