India Blog News - Page 26
Less scope for RBI to cut interest rate with growth picking up, inflation hardening: CEA Arvind Subramanian
The RBI, which is slated to announce the next monetary policy review on 7 February, has maintained status quo on interest rate since August last year
Budget 2018: Guidance on fiscal deficit, tax parity with other financial products awaited
The focus will shift to the GoI’s ability to maintain its fiscal deficit under control as it continues on its path of fiscal prudence.
Budget 2018: Will Finance Minister Arun Jaitley fulfil common man's wish list?
The taxpayers would be glued to their televisions and electronic devices to see what the FM will present them on Budget day
Budget 2018: Modi govt has a strong case to stick to fiscal roadmap; it should not opt for populist track
Even without populist announcements, India’s fiscal position is looking precarious at present.
Budget 2018: From reduction in income tax to push towards infra, industry lays out its agenda
The Budget should announce measures to upgrade digital infrastructure, especially with regards to the protection of data stored online so that consumer confidence is enhanced.
Economic Survey 2018: Did CEA Subramanian just signal that govt will miss fiscal roadmap?
What may perhaps disturb even those who felt a slight slippage this year is warranted is the Survey’s prognosis for the next fiscal – the return to the fiscal straight and narrow may not happen.
Moneycontrol becomes India’s first financial platform to launch a dedicated section on cryptocurrency
The independent section on Cryptocurrency, which can be accessed via the Moneycontrol website and app.
Key to Indian digital transformation lies in hands of data, says NetApp India
User consent is clearly defined and upon receipt of consumer data, it retains and uses it efficiently.
Economic Survey 2018: India expects to regain pole position as fastest-growing major economy
The survey cautioned that persistently high oil prices remained a key risk for a country that relies on imports for much of its fuel needs.
Blow to tobacco cos: With Roman law doctrine, govt moves to stub out industry rights
If applied, the doctrine - which harkens back to Roman law - would have far-reaching implications -- in denying the tobacco industry’s legal standing to trade, it gives authorities more leeway to impose restrictions.
Economic Survey: Jaitley should ignore Subramanian’s advice, go for a radical and reformist Budget
The Economic Survey has a very positive outlook on the economy and observes that there is a large increase in the indirect tax collections and has projected growth for next year at 7-7.5%.
Economic Survey says India needs $ 4.5 trn to build infrastructure by 2040; can garner $3.9 trn funds itself
Economic Survey attributes collapse of Public Private Partnership as reason for massive underinvestment in the infrastructure sector
Jobs, agriculture sector to get big push in Budget 2018, hints Economic Survey; pegs GDP at 6.75% this year: 10 points
Economic Survey says GDP growth has averaged 7.3 percent from 2014-15 to 2017-18, which is highest among major economies of the world
Economic Survey: India can leapfrog on growth in services sector, not manufacturing
While 7.5 percent looks achievable it is more likely to be services-driven for at least two more years before investment revives.
Economic Survey gives thumbs-up to bankruptcy code; calls it an effective tool to address NPA problem
The new Insolvency and Bankruptcy Code (IBC) has provided a resolution framework that will help corporates clean up their balance sheets and reduce debts.
Sensex zooms 320 points to at 36,371 as Economic Survey paints stronger growth projections; budget on 1 February
Sensex went up mostly due to gains made by Maruti Suzuki, TCS, HDFC Ltd, Tata Steel, Bajaj Auto, Kotak Mahindra Bank, Hindustan Unilever, among others
Budget 2018: Bringing back wealth and inheritance tax will pay rich political dividends
Reintroduction of estate duty and wealth tax would go some way in disabusing the notion that Modi’s is a suit-boot ki sarkar, an allegation that often resonates with the poorer segments of the electorate
Budget 2018: Narendra Modi govt will try to woo back rural voters, small businesses ahead of crucial polls
Budget proposals are a closely guarded secret, but a finance ministry official with direct knowledge of the discussions said: “The government’s top priority is to create jobs and boost growth.”
Budget 2018: Hope Arun Jaitley fulfils promise to reduce corporate tax rate to 25%, says Harsh Goenka
If PM Narendra Modi’s Aap hans kyon nahi rahe question to Indian CEO’s at Davos is any indication, there may be unexpected surprises for the corporate sector.
Budget 2018: Need to make GST 'better and simpler', says KPMG
The implementation of Goods and Services Tax (GST) has been a bumpy road so far, sending businesses and revenue collections into a tailspin.
Narendra Modi's Davos speech: Land, labour reforms are key to nudge investors to put money on the table
Modi was more a salesman than a statesman at the world stage, telling the big business leaders about the changes his government has brought about in the last three and a half years to make India the best business destination
WEF 2018: TCS, Infosys join global tech re-skilling drive for 1 million workers in maiden initiative
The initiative will be targeting 1 million people for training and resource opportunities on the World Economic Forum SkillSET portal by January 2021.
Budget 2018: Bond investors want level playing field with equities in capital gains tax
The yields on government bonds have surged by more than 100 basis points (100 basis points is equal to 1 percent) since August 2017.
WEF, Reliance Industries partner to set up Center for Fourth Industrial Revolution in Mumbai
The World Economic Forum (WEF) has been championing the Fourth Industrial Revolution.
Japanese investments in India jumps 10-fold to $4,709 in 2018, says Ficci report
The FDI inflow from the island nation was at $84.74 million in the fiscal 2006-07, the report titled 'India Japan Roadmap Towards Realising Vision 2025' said.
Budget 2018: Why tax parity is needed for low income employees just like small traders
A low income employee may be defined to be the one whose gross salary income is not more than Rs 15 lakh.
Budget 2018: It is high time Modi government reviewed taxation policy on equity investments
Buoyed by the success with Foreign Portfolio Investors, the Modi government must now start taxing domestic investors also.
Bull run at markets continues: Sensex rallies over 340 points to 36,142, Nifty up 1% on growth optimism
Sensex hit all-time trading high of 36,147.75 in early trade while the broader Nifty was trading at 11,085.30, up by 119.10 points or 1.09 percent
Budget 2018: Oil ministry seeks cut in excise duty on petrol, diesel to cushion impact of rising crude prices
Prime Minister Narendra Modi, who faces elections in key states later this year, and a nationwide election in early 2019, has faced pressure over a rise in retail prices of petrol and diesel to a record level.
Budget 2018: Don't expect freebies, sops from govt, says Narendra Modi
The common man, he said, expects honest governance. "He doesn't demand sops and freebies. It is our myth."