The Planning Commission, after considering the global and domestic constraints, has revised the 12th Plan growth target downwards to 8%.
The reform momentum generated by a slew of measures to contain the fiscal deficit and liberalise FDI in multi-brand retail,…
The roadmap for fiscal consolidation unveiled by the finance minister on the eve of the second quarter monetary policy failed…
It took quite some time for me to convince my young granddaughter who, after listening to the cacophony of the…
India?s slowdown has been a natural consequence of fiscal expansion initiated well before Lehman?s collapse.
It has truly been a long wait for a policy break by the government for both India Inc and foreign…
When Mr Pranab Mukherjee took over as the finance minister, there was considerable hope that his Machiavellian talents would help…
In an environment where there is gloom all around, the fiscal health of the states provides some room for comfort.
The Air India bailout decision by the government comes as a major disappointment.
With the Budget presentation out of the way, the government should now take swift initiatives to move forward on some…
The expectation that the government will revive the reform agenda in the Budget has been belied.
Surprisingly, unlike in the last few years when there was considerable Budget eve debate on the introduction…
There is considerable hope and expectation that the forthcoming Union Budget will rekindle the business environment.
Wishing all the readers a very happy new year! I hope that the year will usher in reforms to lift…
By now it is clear that India faces a difficult fiscal environment at present and the medium-term challenges are formidable.
Rather than showing a steady increase over the years, the share of the industrial sector in GDP has stagnated around…
India was one of the few countries that recovered within four quarters of the global financial crisis.
The concept paper on taxation of services released by the Central Board of Excise and Customs for public debate is…
