Industry, stock market experts term Sitharaman's corporate tax cut 'revolutionary', say will make Indian firms globally competitive
In a major fiscal booster, the government on Friday slashed effective corporate tax to 25.17 percent inclusive of all cess and surcharges for domestic companies.
PSU bank mergers: Consolidation is no panacea as social banking goals remain with state in a vulnerable economy
Some of the fundamental objectives for which banks were nationalised in the first place remain critical for managing India's complex economy.
It helps that Modi painted an image that would remind people of a World Cup cricket victory blended with a solemnly nationalist occasion.
Subramanian, also told a top American think-tank this week that India is "still very much a recovering economy, not a surging economy".
The double-digit growth that the Economic Survey sees as possible is not statistically difficult. More interesting is the practical approach it takes to reforms in a diverse, democratic polity.
The economy's problems - lower IIP amidst falling prices - may have something to do with expectations. Too much belief that "achche din" will be in the future may be killing present demand
If the Modi government opts for big bang reforms of the factor markets, inflation will worsen in the short term but stabilise later. If it does not opt for reform, inflation will never really abate
Your kirana store is not going to keel over and die if Wal-Mart comes in. The fear of Wal-mart is overblown, as is the expectation of big benefits from big retail
The opening up of aviation to FDI means some carriers can get investments, but there is unlikely to be a rush to invest till they read the fine print