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Business class travel expensive from 1 April, museum, zoo visit get cheaper

Mar 31, 2015

Business class travel expensive from 1 April, museum, zoo visit get cheaper

Finance Minister Arun Jaitley had came out with a host of proposals last month to rationalise service tax, which is levied at an effective rate of 12.36 percent. #Economy #ThisisNext #Mutual Funds #Arun Jaitley #service tax #finance bill #Chit funds #Business class
Banks' coporate exposure: RBI's caution may further squeeze cash-strapped infra firms

Mar 31, 2015

Banks' coporate exposure: RBI's caution may further squeeze cash-strapped infra firms

If someone stands to lose something from the overcautious approach of the central bank, it will be infra companies, which will then have fewer funding options left to tap #RBI #SBI #NPA #public sector banks #infrastructure financing #corporate loan exposure #group exposure #Tier-I capital
AAP-BJP standoff on Delhi municipalities is a symptom of a  much larger problem

Mar 30, 2015

AAP-BJP standoff on Delhi municipalities is a symptom of a much larger problem

The situation that Delhi is facing today cash-strapped municipal bodies unable to provide services and a state government that is unable or unwilling to bail them out is not of AAPs making. It predates the formation of the AAP government. But Kejriwal can take a step towards solving the problem by simply tabling the report of the fourth State Finance Commission of Delhi. #BJP #Arvind Kejriwal #Sheila Dixit #Shiela Dixit #cooperative federalism #Finance Commission reports
The politics of fiscal federalism: Rs 1,85,000 cr bonanza to states shouldn't result in regional  cronyism

Mar 29, 2015

The politics of fiscal federalism: Rs 1,85,000 cr bonanza to states shouldn't result in regional cronyism

Today the BJP, with a simple majority in Lok Sabha, is promoting substantial fiscal federalism but with the hope that this could be combined with the broader idea of promoting cultural nationalism. Indeed, it is a new kind of dialectics the Parivar may be working on #Narendra Modi #Arun Jaitley #Central Government #taxes #Modi government #State Finances #Fiscal Federalism
High wage cost in China an opportunity for India to turn into global manufacturing hub: Jaitley

Mar 27, 2015

High wage cost in China an opportunity for India to turn into global manufacturing hub: Jaitley

"Wages in China have gone up. That part of the world is now becoming costlier. Can we, therefore, create a world class infrastructure in India," he said while addressing the Annual Day celebrations at Shri Ram College of Commerce (SRCC) here. #India #China #Finance minister #Arun Jaitley #manufacturing

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Why you shouldn't position portfolios based on central bank policies

Jul 11, 2013

Why you shouldn't position portfolios based on central bank policies

Central Banks policies and actions can lead to short term volatility and also give people like us something to write or talk about. However do not let central banks actions lead you away from your longer term objectives. Let the traders play the volatility while you ride out the short term volatility for longer term gains. #Central bank #stocks #markets #PersonalFinance #market volatility
Auto makers could hike prices soon, sector may bounce back

Jun 06, 2012

Auto makers could hike prices soon, sector may bounce back

Softer interest rates, new product launches and exports may help auto sector bounce back after dismal showing so far. #Business/Finance #India #Car manufacturers