This time Modi has no emotive message to take to the stump. Muscular nationalism doesn't work against the backdrop of China's successive inroads into Indian territory. Rising prices is a sore point that cuts across class and caste barriers; unprecedented levels of unemployment has the youth in a ferment. This has reduced the BJP campaign to a laundry list of recycled grievances and thinly veiled communal appeals, neither of which are working as well as they have in the past, argues Prem Panicker.
India imports gold worth $26 bn in Apr-Dec period.
Government will lay greater emphasis on social sectors, finance minister said.
Lenders have reported a surge in their bad loans in the six months to March after an asset quality review ordered by the central bank.
The government has initiated the process to safeguard buyers from online frauds.
The government sought to assure investors that India has a "fortress" like balance sheet and is well prepared to deal with the impact of global economic turbulence.
The comparisons were available for 12 countries.
Ponzi or MLM schemes are fraudulent investment operations.
Either the stake in these companies will be sold or they may partner private firms.
1.46 lakh such consumers have voluntarily given up the subsidy.
The meeting with economists and financial experts has been called off due to pressing engagements of the finance minister.
Rs 7,024 cr transferred under LPG cash subsidy scheme.
Govt had raised excise duty on petrol and diesel on Nov 12.
Public banks face slowdown heat.
On Aug 11, the Chinese central bank surprised markets by devaluing the yuan by nearly 2 per cent.
Usha Ananthasubramanian said the bank will leave no stone unturned to recover unpaid loans.
The Indian government will present the annual budget for 2016-17 on February 29.
Reserve Bank has lowered interest rates by 0.50 per cent since January 2015.
The international crude oil price of Indian Basket was $60.10 (Rs 3,765.27) per barrel on December 15, down from $60.58 (3,782.62) per bbl on December 12.
"If there is proper debate in parliament, followed by a vote, then even without the Congress' support, we have a chance to pass it," says Union Minister of State for Finance, Jayant Sinha.
The Income tax department to come down heavily on errant taxpayers from India Inc.
The pending amount for current fiscal so far is Rs 68,032.21 crore.
The total exposure of top 50 defaulters of PSBs as on December 2015 was Rs 1,21,832 crore.
All these were done on the basis of forged papers.
In October, media reports suggested that the World's largest retailer Wal-Mart made "suspicious payments" totalling millions of dollars to local officials in India.
Corp tax arrears at over Rs 3.11 trillion as of Dec 2014.
All policy planners want low interest rate, says Jaitley
This is part of the government's move to improve infrastructure.
A strong start-up ecosystem can propel investment, jobs, and demand creation, and for that, substantial growth capital is required.
Europe is the second largest market for Indian IT-BPM industry
Insurance penetration in India at 3.9%, below world average.
The Budget will focus on Gujarat's GIFT City.
Bad loans in public sector banks more than tripled.
India has called for implementation of the automatic exchange of tax info.
Ahead of Budget, the Finance Ministry on Friday assured the global investor community of a simple and predictable tax regime.
Finance Minister Arun Jaitley to discuss state-level issues before finalising GST.
The probe is expected to take about three months.
NPA problem to continue for next 2-3 quarters: banks to FinMin
India opened up its economy to the private sector in 1991.
India has joined global efforts to combat global tax evasion.
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