If Sinha's criticism gives credence to the view within the party that its members are afraid to speak up, it can do long-term damage.
The Indian Met Department has predicted a below normal monsoon.
Petroleum being out of the goods and services tax initially will create some anomaly as tax credit on some of the inputs to oil industry may not be given, said revenue secretary Hasmukh Adhia.
The powerful Left members from states like Kerala and West Bengal have told the top brass that if the issue of price rise and terrorism is not handled in a politically savvy manner, then the countdown to withdraw support to the UPA government should start. Within both the Congress and the CPM, a debate is on over the future course of action. The Congress Working Committee is meeting on May 31 to discuss the Karnataka results, price rise and other hot issues.
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The Reserve Bank of India (RBI) cut its key repo rate by a bigger-than-expected 50 basis points.
These cash shortages increase banks' funding costs, making it harder for them to lower lending rates
The ballooning of crude prices has significantly increased the country's oil import bill and it can also lead to a worsening of the current account deficit and fiscal deficit for the domestic economy.
If this turns into reality, India's gross domestic product (GDP) growth will be the lowest since 2012-13, which could severely hit job creation and income growth in the near term.
Barcelona were hailed as La Liga champions-elect in the Catalan media after their 1-0 win at Real Madrid on Saturday, while the capital's press called for sweeping changes at Real after another domestic failure.
Poor monsoon has shattered the hopes of revival in India's economic growth.
Finance Minister expects rate cut by RBI.
Inflation is expected to remain low in the near term, in part because of the further declines in energy prices.
The government has allowed oil companies to raise diesel price by 50 paise a litre per month; bulk users to be charged market price.
The stock-market panic is not the only reason for rising investment demand.
Sun Pharma was the best gainer among Sensex components, surging 6.91 per cent
'A positive oil shock has a detrimental effect on growth and activity.'
Markets can rally further on rate cut expectations from RBI in forthcoming credit policy this month.
'The Indian economy has been subsidised by the poor.'
Not only is gold a hedge against currency depreciation, rising crude prices and uncertainty, it is up 7 per cent (in dollar terms) in the past 12 months, says Devangshu Datta.
The 30-share index ended higher by 481.16 points or 1.91 per cent at 25,626.75 -- its highest closing since January 1.
The government has partially deregulated diesel price allowing a hike of 40-50 paise a litre per month for retail customers and nearly Rs 11 for bulk consumers, a step that is feared will have a cascading effect on inflation.
Finance Minister urged to work on alternative modes to lower inflation and help families save more
All negatives that contributed to the gold bull run, such as US fiscal cliff and Euro zone crisis are easing out. Some experts believe that the days of very easy gains, when you could just buy gold, hold it, and see it rise 10, 11, 12 percent each year are over.
Kolkata Knight Riders' IPL triumph allowed chief minister Mamata Banerjee merrily to fob people off with a circus when what they need is bread.
We are much better placed than in 2013 with our overall fundamentals much stronger - higher foreign exchange reserves, a more favourable growth-inflation mix and an institutional framework for targeting inflation, says B Prasanna.
Assocham expressed concern over the precarious situation that the manufacturing sector is in, observing that if the trend does not reverse with monetary and fiscal measures it would be difficult for the industry to generate jobs.
The protesting farmers dubbed the three laws as "anti-farmer" and claimed they infringe upon their basic right to sell their produce at MSP.
The rapid deceleration in prices has ignited a debate in New Delhi whether Asia's third-largest economy is heading towards deflation.
Reserve Bank Governor Raghuram Rajan expressed confidence in India's growth and said the country is on target to meet Jan inflation target of below 6%.
Despite inflation easing, experts see RBI maintaining status quo on Dec 2
Risk appetite improved on the back of a rally in global markets after the US stocks hit a fresh record high on Monday
The central bank dashed hopes of any steep interest rate reduction.
Services growth at 5-month low in Nov as confidence slumps.
'If the Union Budget can provide incentives for animal spirits to come as well as induce demand stimulus and consumption, the Budget would have done a wonderful job.'
Chidambaram said the stimulus package has left several sections like the poor, migrants, farmers, labourers, workers, small shopkeepers and middle class high and dry.
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Ramalinga Raju founded Satyam in 1987.
The Sensec ended marginally higher on favourable cues in domestic market.
Since last month, the realty (down 23%), auto (down 16%) and finance (down 14%) indices have underperformed the market by falling over 13%, as against 8% decline in the benchmark indices
The prime minister is aware that whatever be its consequences, a new taxation regime cannot be launched closer to the general elections in 2019. Thus, any date after April 2017 for the launch of GST is risky, says A K Bhattacharya.
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