Bold reforms and prudent monetary and fiscal policies by the incoming Narendra Modi government will help the economy to grow at 6.5-7 percent, says a report.
There may be some losers as well as winners. And those who lose their jobs to the new technology will soon find other employment, says Martin Feldstein.
India's political infighting is denting business confidence.
The past few weeks have seen several hundred people let go of by IT services firms joining unions claiming to represent tech workers fighting for their rights.
Manish Sabharwal tackles 5 criticisms of demonetisation.
The RBI must cut rates to spur growth, say experts.
A minor fix in tax laws can make start-ups bloom, says Ajit Balakrishnan.
A minor fix in tax laws can make start-ups bloom, says Ajit Balakrishnan.
The United States has hoped that the major diplomatic row over the arrest of the Indian Deputy Consul General in New York will not affect bilateral ties with India. In a major diplomatic embarrassment to India, 39-year-old Devyani Khobragade, a 1999-batch IFS officer, was taken into custody on Thursday as she was dropping her daughter to school and handcuffed in public on visa fraud charges before being released on a USD 250,000 bond after pleading not guilty.
The problems facing India and its economy are far too severe and deep to be fixed in 100 days, and an excessive focus on the first 100 days might have indicated that the government had failed to understand that.
Buoyed by government retreating on the land ordinance, Congress President Sonia Gandhi on Tuesday attacked Prime Minister Narendra Modi saying he has been "reduced to unedifying flip flops" and most of his poll promises were nothing more than "hawabaazi" (empty talk).
The prime minister's August 15 address was undoubtedly inspirational and outlined important economic and social objectives, such as making India a global hub for manufacturing, ensuring bank accounts for all poor families, major thrusts in sanitation and cleanliness, and a radical restructuring of the Planning Commission.
Workers being laid off will be entitled to full wages of 45 days for every year of service.
The Prime Minister also underscored the importance of public sector undertakings in the country.
So, what does 2016 have in store for the Indian markets? Will they be able to take a giant leap forward in the leap year, and what are the key risks?
''We have a very difficult period ahead of us.' 'Fortunately we have a popular government and a popular leader who is ideally placed to take us into confidence,' says Aakar Patel.
The days of 365-days-a-year, eight-hours-a-day employment are pretty much over, especially as an attractive political promise.
Make in India right now is just a slogan. The policy content is missing or not clearly articulated. The lion with cogs and wheels must now show some majestic movement forward, says Rahul Khullar.
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The year 2014 was one of the most challenging years for India. For two consecutive years our GDP growth was sub 5 per cent. Employment generation had declined, the revenue buoyancy was low and the country had become investment starved.
'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.
This Budget will be a litmus test of the government's resolve to ensure Make in India strategy works
'Who would want to be the man nominally in charge of driving the economy when your boss orders you to swerve it into a ditch of unknown depth?'
'Demonetisation demonstrates that this government is simply too amateurish in terms of economic policy-making to properly address India's deep, deep problems,' argues Mihir S Sharma.
'It is the regional parties and their leaders who are the ones we have to watch.'
Reforms under the Modi government will maintain a slow and tentative pace, constantly wary of political opposition. It may not be reform by stealth, but it is reform on the quiet, says A K Bhattacharya.
The next general election is more than three years away. Yet, the Centre appears to be reluctant to take any bold move that might annoy influential sections of the electorate.
Lamenting that children were not a "political priority" in the country, Nobel laureate and child rights campaigner Kailash Satyarthi on Friday appealed to the Centre to implement the toughest law to put an end to their exploitation.
Local businesses are fretting over reform setbacks.
The Economic Survey called for improving business environment.
Perhaps half-way through India's demographic transition, what is the outlook for the future?
The strategies that the gurus adopted to build their successful business empires over the past two decades could hardly be adopted by businesses that openly claim to be businesses, points out Somasekhar Sundaresan.
Sangh affiliates believe the government's apparent anti-poor message led to their loss
Government claims big successes in agriculture, rural roads & investment scenario.
As many as 82 per cent of child workers in the national capital said that given an opportunity, they would not like to attend school
The primary problem is that India's garment factories are too small and they typically have 150 people and about 80 machines.
The Congress on Tuesday tore into the agenda outlined by President Pranab Mukherjee in his address saying it is repackaging of work done by the United Progressive Alliance and asked the Narendra Modi government to implement the promises made without trumpeting and "arrogance".
Finance Minister Arun Jaitley hints at a world class tax regime.
The government has unleashed a slew of reforms to attract greater investments including higher foreign direct investment in defence and opening up the railways infrastructure sector, relaxed labour laws, launched campaigns like the Make in India for re-invigorating manufacturing, Clean India and Digital India, among others.
Albeit muted for most part of the year, Deal Street in India has clocked M&As worth $29 billion in 2014 and expects the size to get larger with transactions worth over $40 billion in the New Year.
Budget should raise revenues & reduce spending to increase capital expenditure.
While the two high-profile exits in pharmaceutical and telecom have raised concerns over regulatory hassles in the country, Japanese investors are still keen to tap into India's consumer growth story and many more merger and acquisition deals are in the offing in this space.
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