India Insight

India can become world’s fifth-largest economy by decade’s end: Jim O’Neill

March 3, 2015

Goldman Sachs Asset Management Chairman Jim O'Neill speaks during the Reuters Investment Outlook Summit in LondonJim O’Neill, who coined the term BRICs to highlight emerging economic powerhouses Brazil, Russia, India and China, said India’s budget lacked a “wow” factor but was good enough to push the country on a path of 8 percent growth or more “for a long time”.

Govt’s priority should be to kickstart economy: Ex-Infosys CFO Balakrishnan

By Reuters Staff
February 26, 2015

Workers are pictured beneath clocks displaying time zones in various parts of the world at an outsourcing centre in BangaloreFinance Minister Arun Jaitley has the tough task of balancing the need to boost spending and maintaining fiscal discipline when he presents the annual budget on Feb. 28. Former Infosys CFO V. Balakrishnan says the government’s main priority should be to revive the economy by loosening up its purse strings and the country could live with a “slightly higher fiscal deficit.”

Bollywood seeks tax breaks from Budget 2014

July 9, 2014

By Shashank Chouhan and Sankalp Phartiyal

Bollywood is hoping that the newly elected government’s first budget will contain tax breaks that will let it write a happy ending, at least for this year and next.

Railway Budget 2014: Reactions from the common man

July 8, 2014

In his maiden budget, Railways Minister Sadananda Gowda said the bulk of India’s future railway projects will be financed through public-private partnerships and that his ministry would seek cabinet approval for allowing foreign direct investment in the state-owned network. (Click here for Rail Budget highlights)

Budget 2014: Wishlist from healthcare sector

July 4, 2014

Prime Minister Narendra Modi’s government has its work cut out if it wants to transform the country’s health system and provide a universal health insurance programme.

Chidambaram’s ‘Hangout’ debut: learning from Modi, a lesson for others

March 4, 2013

(Any opinions expressed here are those of the author, and not necessarily of Thomson Reuters)

Bold moves, smart timing on rail fares, diesel proposal

January 10, 2013

(Any opinions expressed here are those of the author, and not necessarily of Thomson Reuters)

Budget in a bunker

March 16, 2012

The leather briefcase that the finance minister holds up for the cameras before he delivers the budget in parliament is one of the most curious hangovers from British colonial times.

The bitter truth behind BJP’s deafening budget silence

March 23, 2011

To some, the parliamentary walkout by India’s opposition prior to the vote on the country’s annual budget motion marked the failure of India’s ruling Congress party to engage with its primary adversary, the Bharatiya Janata Party (BJP), over its claims that the Prime Minister had lied to parliament to protect his own reputation.

Congress looks to seize the initiative as budget looms

February 15, 2011

It has been a winter to forget for India’s ruling Congress party, as a series of corruption scandals have muted its ability to control parliament, dented its popularity ratings and dappled the formerly dazzling-white kurta of Prime Minister Manmohan Singh.