A capital gains exemption scheme for gold holdings on the lines of Section 54EC of the Income-tax Act could help.
If rural infrastructure gets a leg up and the poor in the countryside have more to spend on essentials, it will start a process of demand revival which will go up the business ladder.
The finance ministry should have discussions with all stakeholders before and not after the Budget
Investors will appreciate the initiatives announced at the RIL AGM, not least the partnership with Microsoft. The stage has been set for a re-rating of the RIL stock.
The input tax credit (ITC) model of GST owed its origin to the premise of ‘matched invoices’. But it has become too problematic.
Homebuyers are now on par with financial creditors in the IBC scheme of things, but they are still sandwiched between secured and operational creditors
The Prime Minister said that the vision for the next five years is to have investment-led growth. He spelt out that this would mean more liberalisation of foreign direct investment, simplification of labour laws, power sector reforms, lowering of tax rates, asset monetising and asset recycling in the public sector and further reforms in banking, insurance and the pension sectors.
The scare caused by truant rainfall in June has been made up to a considerable extent in July. If August also lends a shoulder, then farm output could get a major boost.
Lower price of the Indian crude basket not only helps the Union government to prune its current account deficit and save on precious foreign exchange reserves, but it also provides an opportunity to the ruling administration to cash in on the situation and try and take measures to insulate the economy from future oil shocks.
Capital goods production has increased at a CAGR of 0.07 percent in the last seven years
CPI and WPI inflation numbers, IIP data, RBI Board meet, Reliance AGM and a few quarterly earnings are the key events lined up in the week ahead.
It is only when financial activity crosses a certain threshold can one expect talent to settle in this new centre. It will be this talent that will drive future activity and make it a virtuous circle of financial development.
India needs to craft a strategic space policy and doctrine without which it will not be possible to shift the focus from civil to military use of space.
Doubts about the legality of the government’s reorganisation of J&K under Article 370 and the implications thereof for the validity of its accession to India are a minefield China might exploit together with Pakistan.
Worries over a perfect storm in financial markets augur well for gold prices.
A slowing economy and the crisis in the NBFC sector are risks.
A young journalist was killed in an accident by a car allegedly driven by a prominent bureaucrat. Rather than following procedure, the police and hospital officials helped the accused get away — and the Left government has looked the other way.
The government is treating celebrity endorsers as experts on products or services they promote and is imposing penalties if consumers are misled
India’s silence on developments in the South China Sea is highly unlikely to win it a lasting friendship with China but has the potential to do it some lasting damage.
Business Expectations Index for the July-September quarter is the worst since the fourth quarter of 2016-17
Tata Steel’s Europe business bored a hole in its performance, highlighting why selling it is a must so that it can sail ahead on its profitable Indian business
The Nifty Financial Services Index fell by 0.88 percent on Wednesday
The new consumer protection law has many laudable provisions, but its success will depend on having adequate judges of good quality.
Discretionary spending is the weakest since at least September 2015
In the conventional policy design, multiples of 25 bps gives financial markets visibility about near term moves since the pattern is tried and tested. However with this move, multiple possibilities open up for the next rate cut whenever it happens.