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  • Budget 2016: FM maintains status quo on FY17 bk recapitalisation at Rs 25k cr

    Budget 2016: FM maintains status quo on FY17 bk recapitalisation at Rs 25k cr

    In their pre-Budget expectation list, most industry experts had expressed hope that the funding is not only hiked but also front-loaded as the deadline set for cleaning up of balance sheets is March 2017.

  • Budget 2016: Macro management, twin deficits, reforms priorities, says CEA

    Budget 2016: Macro management, twin deficits, reforms priorities, says CEA

    In an interview with CNBC-TV18‘s Shereen Bhan, the Chief Economic Advisor Arvind Subramanian says the important thing is that despite mixed economic cues, the government needs to continue with its agenda of reforms.

  • How infrastructure fared in FY16: Economic Survey

    How infrastructure fared in FY16: Economic Survey

    Below are the report's highlights in terms of progress made on infrastructure during the fiscal.

  • Macro Economic Survey 2016: Financial stocks jump; govt may sell PSUs to recapitalise banks

    Macro Economic Survey 2016: Financial stocks jump; govt may sell PSUs to recapitalise banks

    The Economic Survey said the government could sell off some PSUs to make additional investments in state-owned lenders, as a booster to the PSU banks grappling with bad asset quality.

  • Macro Eco Survey 2016: Recognise, recapitalise, resolve, reform, says CEA to banks

    Macro Eco Survey 2016: Recognise, recapitalise, resolve, reform, says CEA to banks

    The 2015-16 Macro-Economic Survey tabled in the Parliament on Friday, stated the need for consolidation, strategic divestment and the 4 R‘s namely recognition, recapitalisation, resolution and reform to resolve the stressed assets issues plaguing the Indian public sector banking system.

  • Macro Economic Survey 2016: To plug LPG subsidy leakage, cut yearly cap on cylinders to 10

    Macro Economic Survey 2016: To plug LPG subsidy leakage, cut yearly cap on cylinders to 10

    Also, while households can buy only 12 subsidised cylinders a year, they can buy an unlimited number of unsubsidised cylinders. However, these cylinders are still 30 per cent cheaper than commercial cylinders due to differential tax treatment of household and commercial LPG. So households can technically sell these to commercial establishments

  • Global cues lift Sensex 178 pts, Nifty above 7K ahead of Budget

    Global cues lift Sensex 178 pts, Nifty above 7K ahead of Budget

    The 50-share NSE Nifty started off March series on a positive note after losing 6 percent each in previous two series (January and February), up 59.15 points or 0.85 percent to 7029.75.

  • Macro Eco Survey 2016: See room for at least 50 bps RBI rate cut, says Panagariya

    Macro Eco Survey 2016: See room for at least 50 bps RBI rate cut, says Panagariya

    He says sticking to the fiscal consolidation target will be taken positively, adding he has always pitched for a rate cut and if the fiscal deficit target is achieved then the Reserve Bank will get more room to cut rates. He feels the process should begin with at least 50 basis points cut.

  • Macro Eco Survey 2016: Undeserving people mooching off needy when it comes to subsidies

    Macro Eco Survey 2016: Undeserving people mooching off needy when it comes to subsidies

    The central and state governments subsidise a wide range of products — including rice, wheat, pulses, sugar, kerosene, LPG, naphtha, water, electricity, fertiliser, iron ore, railways, among others — in order to make these affordable.

  • Macro Economic Survey 2016: Bank stocks surge; Govt to recapitalise PSU banks

    Macro Economic Survey 2016: Bank stocks surge; Govt to recapitalise PSU banks

    According to statement the government has given a power to banks to recover money from debt ridden promoters.

  • Macro Economic Survey 2016: Medium-term growth trajectory at 7-7.75% with downside risks

    Macro Economic Survey 2016: Medium-term growth trajectory at 7-7.75% with downside risks

    Meanwhile, the minister of state for finance Jayant Sinha said power has been given to banks to recover money from debt-ridden promoters

  • Macro Economic Survey 2016: GDP growth to remain flat next year; fisc on target

    Macro Economic Survey 2016: GDP growth to remain flat next year; fisc on target

    The government today tabled the Economic Survey 2016-17 in Parliament today.

  • Macro Economic Survey 2016: Sensex up 100 pts; FY16 subsidy bill could to be below 2% of GDP

    Macro Economic Survey 2016: Sensex up 100 pts; FY16 subsidy bill could to be below 2% of GDP

    Bank Nifty gained more than 1 percent after the government, in its Economic Survey 2016-17 says it has given power to banks to recover money from debt ridden promoters.

  • 25 bps cut most likely; ignoring CPI big policy miss: CLSA

    25 bps cut most likely; ignoring CPI big policy miss: CLSA

    In line with consensus, Rajeev Malik, Senior Economist, CLSA also expects the Reserve bank of India (RBI) to oblige the market with a 25 basis points repo rate cut today.

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