New data show tax reform, better tracking needed
In most cases, they dodged bullets and, in some, recovered the same day
If the real economy is indeed looking up, then it no longer needs hand-holding and fiscal laxity
Modi must focus on other state-level reforms, such as those in labour laws, leasing of land and agriculture
Many fear that in practice if banks make their customers pay to hold their money, it might lead to a situation where consumers hold on to cash.
High rates of such schemes deter banks from dropping borrowing rates - and thus lending rates
How the 4 ministries have performed
Much of the loudest opposition comes from those in the start-up world, who fear this would put them at a disadvantage in reaching new users
Though India is a low-bandwidth geography with relatively low Internet penetration, it has a very large number of sophisticated surfers and skilled computer users
BSE 500 and the benchmark Nifty gain 17% and 14%, respectively, in the past year
Aggressive Hindutva elements have also disappointed industry captains
Ministry wanted a halt to new dams, but AG now says matter to be decided by PMO
He wants Jaitley to give investors more clarity on policies
In 2015-16, reforms will take hold, growth in GDP, will accelerate, and government processes and statutory clearances will speed up
Any government aid to the airline will ultimately hurt the economy
If credit is not going to flow in response to a policy rate cut, while inflationary pressures, as well as expectations, may be stoked, a rate cut may not be appropriate at this point
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Condusive climate across states is crucial for manufacturing growth.
Inflation moderates, but a rate cut is unlikely.
It's time to re-examine government's role as owner of banks,
Dividend payouts seem recession-proof.
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