There is no consensus on how weak growth is, but as long as inflation remains low, monetary policy will be called upon to do the heavy lifting
How does the Budget affect you and me? And are there certain stocks benefiting from the budget announcements? These are the questions we will address today.
The reluctance to lower the rate stems from the fact that the effective tax rate paid by many companies is much lower, due to exemptions available under law
In terms of allocations or polices linked to revenue, there is limited room for major changes as fiscal deficit is sacrosanct
In the past 10 years, the disinvestment target has been realised only twice, in the most recent two fiscals.
The strength of its electoral mandate may encourage the government to roll out some serious long-term transformational plans for the country.
The full budget for 2019-20 will be presented in Parliament on July 5 by Finance Minister Nirmala Sitharaman.
Modi is likely to have discussed the reforms road map for every department with a view to making it easier to do business in the country and boost economy.
The government has estimated revenue expenditure of Rs 3,34,933.06 crore against revenue receipts of Rs 3,14,640.12 crore, said Finance Minister Sudhir Mungantiwar, who tabled the budget proposals in the Legislative Assembly.
The world is witnessing a build-up of uncertainties. That merits the question, is growth desirable at the cost of financial stability. The external risks suggest the government puts fiscal prudence first
India's budgetary allocation for health must increase for improving healthcare infrastructure and services
If Make in India gets a much-needed push in the Budget, then capital goods' companies can hope for a revival in demand
Total goods import growth in May 2019 from a month ago was 4.3 percent, but crude oil imports went up 8.2 percent
The message is loud and clear. India needs a paradigm shift in direct taxation. Will the government bite the bullet like it did for GST?
A substantial jump in the growth rate is required to achieve the objective
If the budget introduces measures to encourage savers to direct more flows to bank deposits, then banks could lower interest rates
With the government enjoying a majority in the GST Council and a stabilising mop-up, one could expect that the Centre would quickly simplify the process further
The key areas discussed included issues relating to the capital markets, the financial sector, non-banking financial companies (NBFCs) and alternative investment funds, among others.
Pronouncements need to balance short-term impetus and structural course correction
GST tax collections are falling short of expectations
As Modi 2.0 government gets down to prepare its first budget, North Block, which houses the finance ministry here, will be in 'quarantine' or out of bounds for visitors and media from June 10.
The government has little firepower left to kickstart investment. Instead, it needs to give incentives to the private sector to increase capex
India's economic indicators took a turn for the worse in April