When Budget documents were printed only in English, and why it changedWhen Finance Minister CD Deshmukh started the practice of printing the Budget documents in both Hindi and English during the 1955–56 fiscal...
How interim budget speech has changed - from recounting economic challenges to recalling political milestonesBudget 2o24: India's first interim budget in 1947, presented by RK Shanmukham Chetty, addressed economic challenges caused by Partition, in...
Lifting consumption, investment & revival of MSME key challenges for policymakers, says RBI's Michael Patra“Only time will tell whether or not India has got it right but so far, this approach has served us well and helped in charting a course int...
Prevent abuse by dominant fintech: Bank of International SettlementsRegulatory sandbox is also another useful tool regulators can use to gauge the market readiness for new products while promoting knowledge-...
Want an income tax cut? Read this Budget story of a villagerThe Modi government has taken several steps such as using Big Data to bring more people in the tax net.
The story of two Budget makers: How morality got delinked from tax evasionToday's evaders don't go by the notion of morality. They have to be outsmarted. That's why Modi govt's is desperately seeking to use Big Da...
Size and composition of central bank's balance sheet have unavoidable fiscal implications: Willem H BuiterThe Treasury is the beneficial owner of the central bank, it makes sense to consolidate the single-period (instantaneous) budget identities...
Raghuram Rajan first RBI governor in two decades not to get second termSwamy who had accused Rajan of being "mentally not fully Indian", also said that it was because of his policies that growth has stifled.
Rajan breaks chain of extension for RBI governor; would have been 13thSir CD Deshmukh was the first Indian to get an extension as RBI Governor. His two terms were spread over independent and non-independent In...
RBI Governor Raghuram Rajan warns against fiscal deficit driven growthRajan said that macroeconomic stability during the global turmoil cannot be risked and the government and RBI should continue to bring down...
Top bankers repose confidence in Raghuram Rajan, wish him the bestTop bankers today exuded confidence that Raghuram Govind Rajan has the intellectual prowess to wade through the present difficulties facing...
The remarkable history of BudgetFrom being highly secretive to occasionally satirical & exceedingly lucid, Budgets have had a remarkable history.
Virbhadra Singh quits on graft chargesUnion Micro, Small and Medium Enterprises (MSME) Minister Virbhadra Singh resigned on Tuesday, a day after a Shimla court framed corruption...
- CAG report indicts Vilasrao, Bhujbal, Rane for securing cheap land; Lavasa project also criticised
The report criticises the Lavasa project for receiving alleged undue favours. 'The state decided to develop the area without publicity or e...
- Shiv Sena demands action against Vilasrao Deshmukh, NCP leaders
Shiv Sena demanded action against Vilasrao Deshmukh and ten other Congress and NCP leaders in Maharashtra in the wake of a CAG report.
- FMs who presented Vote-on-Account
FMs who presented Vote-on-Account.
- RBI archival policy likely to be out this fiscal end
The Reserve Bank of India (RBI) will formulate a comprehensive archival policy to maintain and manage its records by the end of the current...