India likely to embark on rail investment splurge, cheap fuel helps
Feb 25, 2015 at 14:10 | Source:
New Delhi: India's decrepit state-run train services stand to receive at least a 25 percent boost in investment to over $9 billion, funded solely by falling fuel costs, according to officials familiar with a railway budget set to be unveiled on Thurs...
Budget 2015: Check out the Finance Commission's tips to fix fiscal deficit
Feb 25, 2015 at 10:50 | Source:
With the Fourteenth Finance Commission report being tabled three days before the budget, it was inevitable that Finance Minister Arun Jaitley would be asked, at his press conference on the subject, how the report (which recommended 42 percent tax dev...
India must grow, fulfil reform promise for rating upgrade - S&P
Feb 24, 2015 at 03:45 | Source:
MUMBAI (Reuters) - India must boost growth, cut its fiscal deficit and fulfil promises of financial and fiscal reforms in order to justify an upgrade in a credit rating, currently lodged one rung above junk bond territory, rating agency Standard &...
Say no to radical reforms: Why Modi must ignore his cheerleaders
Feb 23, 2015 at 18:27 | Source:
'Push for aggressive reforms, the incrementalist mindset wont do. This Budget is the best opportunity you have. There is still some positive vibe for the government in the air; six months or thereabouts on it will vanish. So get cracking this session...
Budget 2015: Five things you can expect and not from FM Jaitley
Feb 23, 2015 at 17:51 | Source:
The Union Budget does tend to be a lengthy affair by tradition. The speech goes into 40 odd pages with several paragraphs on achievements of the government followed by specific allocations for various sectors, especially the socially relevant ones ev...