Loan taps are drying up, rains are playing hide and seek, and a technological disruption is looming. Not exactly the best of times for automobile companies.
Reducing import dependence and curbing non-essential imports means going back in time. The overarching need for the economy to simply become more globally competitive also seems to have got a bit eclipsed.
It is understood that rising income has a positive impact on rising crime. Therefore, neglect of the judiciary and the justice system as a whole can lead to erosion in governance and rule of law itself.
Foreign portfolio investors are a baffled lot. The trouble is the increase in tax surcharge doesn’t sit well with government’s stated intention of making India an investment hotspot.
If India recognises the role played by FPIs to the depth and breadth of its capital markets as positive, then making its investment in India more expensive cannot be the way to do it.
The Kothari Commission and subsequent committees have emphasised the need of higher spending in the education sector at par with developed countries, which spend close to 5-6 per cent of GDP on education.
One of the biggest challenges that the automobile industry faces is making electric vehicles more attractive for personal use from the point of cost.
Why India's government wants to shore up customs duty collections, in addition to giving an impetus to Make in India
Businesses and equity markets will have to bear the short-term costs of fiscal restraint
The effective corporate tax rate in 2017-18 has risen to 29.5percent, a good three percentage points higher than a year ago and is the highest in the past five years
Things really didn’t work out with mandatory local sourcing of retail products. That possibly might force a government rethink for multi-brand retailing
For all the talk of the huge election mandate, agriculture as a sector failed to find its pride of place in the latest budgetary exercise. A political consensus can tilt he scales though
The government largely intends to achieve this through investment-led growth rather than the traditional consumption-driven method
Once and for all, the FM will have to undertake a massive fiscal cleansing operation to restore the credibility of our Budget exercise
The Budget did give out a positive statement. It lacks a clear road map as to how to achieve certain targets proposed.
This push to increase credit offtake may take some time to bear fruit.
The government has talked a lot about what they want to do to address the challenges related to water but the budgetary allocations don’t show the same urgency
If the focus on Swachh Bharat Abhiyan helped the BJP in 2019, expect the Har Ghar Jal scheme to do the same for the party in 2024.
The Budget addresses some of the issues holding back growth, without loosening the fiscal purse strings
The Budget's focus on rural India was an outcome of a very politically-conscious decision by Narendra Modi to not lose sight of poor voters whose transformation alone can perk up demand and consumption.
While the Budget has several things going for it, the budgetary arithmetic is to be taken with a pinch of salt
Sitharaman’s proposed tax sops for buyers of electric cars, customs exemptions for car makers, investments for infrastructure development will force the industry to bite the bullet
Measures proposed in Budget 2019 do give teeth to the RBI for regulating NBFCs and HFCs. The question of execution will remain
FAQs on the Budget estimates
Market expectation of tweaking taxes has not be met but surprises in the form of lower promoter shareholding and buyback tax has dampened mood