Infrastructure focus will create jobs but more could have been done on the health front
The move, though limited to income tax, has sent the ball rolling for a regulatory framework of crypto assets
We must also acknowledge a certain middle class approach this government takes to managing the economy
Investors sense potential for sustained corporate profits
Unfortunately, a great opportunity to bring down the general tariff rate has been lost
This is not a Budget that supports economic recovery, whether through supporting aggregate demand, or through expansionary stimulus
The less they focus on employment creation, the better it may be for the economy
The big elephant in the room is LIC. Every effort is on for its IPO. If that happens, and it probably will, the FY22 fiscal deficit could be less than the estimated 6.8 per cent
Cyclical stocks have been valued as growth stocks, while small-cap stocks with slightly improved earnings have relentlessly risen
Raise the tax-GDP ratio to finance rising revenue expenditure
While UP's unemployed are angry, Yogi's call for a choice between Jinnah and Sardar Patel, more than seven decades after they both died, is the new 'let them eat cake'
In the timeless expanse of mythology, the great flood is the source of a vast body of legend, folklore and gods and goddesses
'One can't understand why, for example, the shifting of the Amar Jawan Jyoti had to be done so quietly', says the author
Free speech absolutists (Disclosure: I'm one) generally don't censor pseudoscience
Dynamic markets call for periodic reform of regulatory agencies-notwithstanding their reluctance to keep pace with developments
India needs a debate as to what percentage of general government revenue can be used for subsidies and cash transfers
To build a green and competitive India, we have to strive for net zero
Are official revenue-expenditure records evaluated critically and exhaustively enough?
If there was any economist who deserved more than one Nobel Prize it was Kenneth Arrow, whom I have always regarded as the greatest economist of the 20th century