Banks Recap

Recapitalisation plan: Govt to infuse Rs 7,577 cr in 6 weak state-run banks under Indradhanus plan

Finance Minister Arun Jaitley in Oct had announced an unprecedented Rs 2.11 lakh crore recapitalisation road map to strengthen PSBs

For both critics and fans, 2017 belonged to Narendra Modi; will Gujarat slow down his reform juggernaut in 2018?

Narendra Modi govt is facing a difficult task in shaping the budget this year on account of less than expected revenue collections from GST

Govt's higher borrowing of Rs 50,000 crore means there will necessarily be fiscal slippage

The alternative is to have central govt breach fiscal deficit target and borrow more from the market, which is being done now

Demonetisation, GST will bring long-term benefits for Indian economy: IMF on Narendra Modi's one-off policy moves

IMF Chief Economist described GST as a work in progress to which Indian economy is gradually adjusting