Though the idea is laudable, the government needs to incentivise the consumer who pays cash instead of the receiver
Cites limited reach of procurement machinery, suggests government action should maintain its focus on rural infrastructure, increasing crop insurance
But believes India still the most promising emerging market story over 5-10 years
India Inc debt is up 2.5x in last five years leaving little headroom for corporates to take big projects
While the draft policy is silent on source of the gold, it has multiple benefits for all parties involved
The macro-economic situation has improved in the past one year with decline in inflation, stability in currency and attractive financial markets, it said
According to a SBI research note, concerns of unseasonal rains, weak monsoon, strengthening crude prices, rupee depreciation are impacting inflation trajectory
The finding is part of a just-released report called 'India Infrastructure: India's LNG Import Boom Is Credit Positive for GAIL, PLL'
From a lack of big reforms to regressive tax policies, the Modi govt has surrendered its initial momentum
The industry body also found the gap between inflation based on WPI and CPI widening, pointing to supply chain inefficiency
The factors that are likely to pose upside risk to WPI inflation include administered price corrections, weak agricultural production and geo-political issues
Nomura says Chhattisgarh, Gujarat and Madhya Pradesh are 'better-managed states' while West Bengal, Kerala and Punjab rank the lowest
The Finance Minister has failed to assuage markets' fears on the issue of retrospective tax
Business Standard gives a snapshot of key economic numbers
According to WEF, there is a need to create a stable policy framework for private investment in urban infrastructure
While the bill empowers home buyers, it has not fully addressed high prices and clarity on alternate mode of payment
According to the global financial services firm, although transitory, inflation momentum is expected to rise in the next three months
The deal between Iran and world powers on nuclear weapons could have significant effects on India's energy needs
The US Fed on Wednesday said it would watch economic parameters before raising rates, but suggested one could come as early as June
Coal bearing states will get the maximum benefit once the framework of distribution of funds is finalised by the parliament select committee