Since 2016, the govt has tried various fiscal tactics to stimulate growth, from increasing expenditure to introducing welfare schemes. The tax cut is the latest of these measures.
The plan could be announced in July, when Prime Minister Narendra Modi's government presents the first budget after BJP failed to win a majority on its own.
India's fascination with the 'Ease of Doing Business' rankings hasn't served it well. Vietnam ranked below India but has attracted more foreign investment.
The biggest beneficiaries from the move will be Apollo’s founders and largest shareholders, the Reddy family, who have been selling assets to pay down their own debt
Helicopter money is a last resort as money-financed tax cut risks damaging independence of central bank by making it a junior partner in a fiscal adventure.
For demand to get a boost, companies need to distribute larger dividend payouts and invest in new capacity. But problem of weak rural demand is not addressed.
Unlike his colleagues from the time of the BJS, several of whom became governors and held other constitutional posts, Malhotra chose to lead a quiet and simple retired life after the massive 2014 victory of the BJP.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
Since 1815, Nepali Gorkhas have served in Indian & British Armies, as well as in Bihar, Bengal & Assam Police. Since Agnipath scheme came in, no Nepal-domiciled Gorkha has enlisted.
What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.
Ok, madam, you are right. The BJP is right, Modi is always right.
Meenakshi Lekhi being a BJP leader will not see why GST got rationalized after many years only now.