Economic growth in the last two years has stayed above seven per cent.
ONGC must tackle several issues first only then it can turnaround its fortunes.
The finance ministry website that lists the total disinvestment revenues to be mobilised during the current year already shows that no receipts are expected from strategic sales in the current year.
By 2025, most of India's large cities would require a second airport, and Mumbai may need a third airport by 2030.
The Ministry of Finance or Commerce would certainly need a larger hospitality budget than the Ministry of Agriculture.
The fiscal deficit for 2015-16 may eventually come down to the targeted level of 3.9 per cent of GDP.
The NITI Aayog is likely to continue to both formulate plans and engage with the states.
Finance Ministr Arun Jaitley will have to do a balancing act to manage fiscal prudence.
The new national income numbers produced by the Central Statistics Office (CSO) have elicited two kinds of reaction.
Around 40% of India Inc feels that Modi govt's biggest weakness in the last 6 months has been its slow pace of economic reforms.
Not only do you need an effective and independent regulator, you also need competition to flourish.
The shift was sudden, quite unlike Shukla's departure from North Block, which had been anticipated for some months even before Singh''s first Budget.
Just three years ago, at the end of March 2011, NRI deposits were only $52 billion, half of what they are today.
Indeed, this is one policy area where the Modi-led government is different from the one that was headed by Atal Bihari Vajpayee.
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