Govt announced rollback of enhanced super-rich tax on foreign and domestic equity investors, exemption for startups from angel tax, package for auto sector and upfront infusion of Rs 70,000 cr to PSBs
CEA Subramanian said it would be a 'moral hazard' if the government were to use public money to cushion private losses
Tax cuts for specific industries must be avoided
Large number of non-performing assets (NPA) in the farm sector a worry, says Rajnish Kumar.
The prime minister is clear that he wants the economy to be kick-started
The credit market has been stung by a yearlong shadow banking crisis that started with shock defaults last year by IL&FS group
Cabinet on Wednesday decided to merge 17 government-owned presses into five units