Narendra Modi govt's Rs 102 lakh cr infrastructure target is a wishful thinking; the devil lies in the details
Over a Rs 100 lakh crore will be pumped into the infrastructure department that will help achieve the $5 trillion dream, the government claims.
Diesel demand to hit record highs in 2019 as country goes to polls; may help underpin oil, fuel prices
The implementation of a nationwide goods and services tax (GST) has also been beneficial for diesel demand.
Fiscal deficit may surpass budgeted 3.2% on disruptions like GST, infrastructure spending: BNP Paribas
BNP Paribas report says consequent fiscal deficit of Rs 4.99 trillion was 91.3 percent of full year target
Rs 2.11 lakh cr bank recapitalisation: Are taxpayers going to bail out lenders looted by crony promoters?
If the recovery from defaulters is not followed up simultaneously, in effect, the taxpayer’s money is being used to compensate banks
Hurried rollout of GST has impacted state coffers. Dividends from state-run companies are expected to fall and a $11 billion share sale programme is slowing down
Indian firms are, however, waiting for better returns before committing new investments