While India is on the verge of becoming a $3 trillion economy, it has been unable to sustain high growth in recent years.
The presentation of the Union Budget is always a melodramatic occasion–full of hype and excitement, especially in the boisterous Indian democracy.
In early 2016, the Indian government announced that it would start strategic disinvestment of central public sector enterprises (CPSEs).
More than any other union government in the last 30 years in India, it is the BJP-led NDA government which can take a strategic approach to the economy and pursue long-term objectives.
The Indian economy has been slowing down for five quarters now.
Proven to be the best engines for job creation, new and smaller enterprises are India's answer to rising unemployment and a burgeoning youth population.
To boost growth, the government, on Friday, decided to risk the only engine of the tax system that has performed lately — corporate tax.
Due to its expansive role, the Reserve Bank of India (RBI) is a site of many conflicts.
Today, independent regulators govern large sectors of the Indian economy, from financial markets and airports to telecom and electricity utility companies.
This week marks the seventy-fifth anniversary of the United Nations Monetary Conference held at Bretton Woods, New Hampshire.