In a wide ranging interview to Moneycontrol, Chief Economic Adviser Krishnamurthy Subramanian said that a single rate GST structure is an ideal to move towards but there was a need to be practical as well
The intent and policy drift are crystal-clear now. The key question then is how can India make room for large entitlement-based transfers?
Although Gandhi didn't share how he plans to implement the scheme, here's how it could impact the economy.
Rahul Gandhi announced on January 28 that his party would ensure minimum income guarantee for every poor in the country if it returns to power.
At present, it may not be feasible to initiate Rythu Bandhu Scheme on national level as land data in several states, including Jharkhand, Bihar, Gujarat, and Tamil Nadu are yet to be digitised, the SBI said in its 'Ecowrap' report.
Uttaresh Venkateshwaran is in conversation with Moneycontrol's Nachiket Deuskar to discuss the viability of UBI as an alternative to social welfare schemes.
Banking stocks like UBI, Andhra Bank, OBC, Allahabad Bank, Indian Bank and Bank of Baroda will get astrological support, says Satish Gupta of astrostocktips.
The study says that Universal Basic Income can be implemented if the government removes its non-subsidy elements.
"The Universal Basic Income scheme should give a cut off income & ask ones above it to voluntarily forego it. That'll also be a civics lesson," Basu, who is currently Professor of Economics at Cornell University, said in a tweet.
The forecast on real GDP growth in the range of 6.75%-7.75% for FY18 should translate into a nominal growth of 11-12% for the coming fiscal. The forecast comes with caveat of three imponderables â€“ lingering impact of demonetisation beyond the current fiscal, a rise in crude prices and the impact of GST.
Finance minister Arun Jaitley will table the Economic Survey, an official report of the economy, in Parliament on Tuesday.
The Reserve Bank of India is unlikely to cut either the benchmark repo rate or cut banks' reserve requirements, Union Bank of India CMD Arun Tiwari told CNBC-TV18 in an interview.
ICICIdirect.com is bullish on Union Bank of India (UBI) and has recommended buy rating on the stock with a target price of Rs 245, in its research report dated December 01, 2014.
Brokerage house Emkay Global Financial Services has recommended a reduce rating on Union Bank of India (UBI) with a target price of Rs 190 in its research report.
ICICIdirect.com has recommended to buy Union Bank of India (UBI) in the range of Rs 212-216 for the target price of Rs 255 with a stop loss of Rs 194, in its research report dated September 12, 2014.
According to Satish Gupta of astrostocktips.in, auto stocks like Maruti Suzuki India, Hero Motocorp, Escorts, TVS Motor Company, Mahindra and Mahindra and Tata Motors will get astrological support.
Angel Broking has come out with its research reports on Allahabad Bank and Union Bank of India (UBI) and has maintained a 'Neutral' rating on both the stocks in its November 2013 reports.
According to Ajay Jain, CEO of astromoneyguru.com, YES Bank, Union Bank of India (UBI) and State bank of India (SBI) will show positive move.
According to Satish Gupta of astrostocktips.in, pharma stocks like Lupin, Ranbaxy Laboratories, Cipla, Biocon and Dr Reddys Laboratories and banking stocks like United Bank of India (UBI), Canara Bank, Bank Of India (BOI) and Allahabad Bank will get astrological support.
According to Satish Gupta of astrostocktips.in, pharma stocks like Sun Pharmaceutical Industries, Lupin and Dr Reddys Laboratories and banking stocks like United Bank of India (UBI), Bank Of Baroda (BOB) and Bank Of India (BOI) will get astrological support.
Brokerage house Prabhudas Lilladher is bullish on Union Bank of India (UBI) and has recommended 'Accumulate' rating on the stock with a price target of Rs 155 in its research report dated August 01, 2013.
The Reserve Bank of India (RBI) on Monday slapped penalty of nearly Rs 50 crore among 22 banks for violation of Know Your Customer (KYC) or anti money laundering (ALM) norms. Moreover, it warned seven more banks by issuing cautionary letters.
Brokerage house Angel Broking is bullish on Corporation Bank and Union Bank of India (UBI). The research firm has recommended 'Accumulate' rating on both stocks with a price target of Rs 453 and Rs 264 respectively in its report dated May 10, 2013.
Sushil Finance is bullish on Union Bank of India (UBI) and has recommended buy rating on the stock with a price taget of Rs 296 in its May 13, 2013 research report.
Rahul Mohindar, Director of viratechindia.com is of the view that one can buy Union Bank of India (UBI) with a stop loss below Rs 240. The stock has resistance level of Rs 280.