A status check on the consolidation of four sets of state-run banks offers clues to the hard decisions that are needed, write Abhijit Lele and Raghu Mohan
Fiscal expansion, as suggested by the Economic Survey, will be funded by disinvestments, borrowing and both direct and indirect tax receipts, he says
Govt should tread carefully on this path
Beyond hype, if the Budget creates a platform for growth, the RBI will have to change the policy's stance, but that won't happen - now or even in April
Capex as a percentage of Budget expenditure was 18 per cent in FY17 and FY19. Now, it has come down to 16 per cent… There is scope for capex allocation to go up, says Shah
West Bengal, Assam, Tamil Nadu, Kerala and Poducherry will go to the polls in April-May this year
Experts say the terms mirror the govt's intentions, priorities and policies and provide a hint of financial resources among various sectors
The number of places where gold can be tendered is limited and the staff there is ill-trained, making the scheme a non-starter
The first part of the Budget Session of Parliament will end on February 13 instead of February 15 as the Rajya Sabha, on Sunday, decided to change its sitting, sources said. Rajya Sabha Chairman M Venkaiah Naidu also made a fervent appeal to the leaders of various parties at an all-party meeting to ensure smooth and effective functioning of the House during the Budget Session. Leaders of various parties attending the meeting assured that there would be full participation in all the debates and discussions in the House, the sources add. It was also decided that the Rajya Sabha would sit on February 13 instead of the scheduled sitting on February 15, as the last of the first part of the Budget Session, the sources said after the meeting. The house will adjourn to enable the Department Related Parliamentary Committees to examine the Demands for Grants of various departments and ministries, and will meet again on March 8. A number of ministers and around 25 leaders of various parties
While India's gender budgets have succeeded in drawing attention to gender issues, experts say ministries and departments consider them as an aggregation exercise only
Prime Minister's annual radio speech coincides protests against three agriculture laws enacted in September.
Union Parliamentary Affairs Minister Pralhad Joshi on Sunday said that the government is ready to answer all questions of the Opposition in the second half of the ongoing budget session of Parliament.
The Budget comes in the face of the country braving a once-in-a-century global pandemic, says a survey
Modi spoke about protesters hoisting flags at the Fort after hundreds of them deviated from agreed routes and breached the heart of Delhi
IT hardware makers urge the government to allocate Rs 20,000 crore under the production-linked incentive scheme, to boost manufacturing of personal computers, tablets and servers in the country.
Budget 2021 should focus on enhancing productivity by incentivising the use of technology to make India 'Atmanirbhar' and future-ready, an official with industrial autonomous and AI technologies said on Sunday. India has, so far, seen very low robot adoption compared to its regional and global peers. According to a recent study, the total number of jobs related to developing and deploying new technologies, like automation, AI and robotics-related applications, may grow to 20 to 50 million globally by 2030 and more than 375 million workers globally. "Reduction of customs duty/IGST and providing tax breaks/incentives to robotics adopters can boost demand," Hi- Tech Robotics Systemz founder & CEO Anuj Kapuria said. It is among the first companies in industrial autonomous and AI technology in the country. "For accelerating technology and R&D, setting up of robotics centres of excellence, incubation centres, continued research grants for robotics R&D and ...
The Sensex had a blistering advance last quarter -- even as data showed that the economy had plunged into recession -- led by record inflows from foreign investors
In a CII event last year, Sitharaman said this time she shall offer a 'never before' like budget
The Centre has lined up an intensive legislative agenda with over 20 bills for the Budget Session of Parliament
CEA Krishnamurthy Subramanian today interacted with industry leaders, a day after presenting Economic Survey 2021. Stay tuned for Latest LIVE news