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D.K.SRIVASTAVA
Fuel price hikes may push inflation towards 5%, RBI likely to stay cautious: EconomistsRetail inflation may reach 5 percent by June due to fuel price increases and higher gold and silver import duties. Economists believe the R...- India growth seen at 6.8–7.2% in FY27 as tax reforms lift outlook: EY Economy WatchIndia's economy is set for strong growth, with projections between 6.8% and 7.2% for FY27. This expansion is fueled by expanding trade agre...
- Benchmark military spending at 3% of GDP, create non-lapsable modernisation fund: EY reportA recent EY report suggests India should allocate 3% of its GDP to military spending. The report recommends creating a non-lapsable defence...
- India needs 1.2-1.5 tax buoyancy to achieve 6.5-7pc growth: EYIndia needs to maintain a tax buoyancy of 1.2-1.5 to achieve 6.5-7% growth, according to an EY report. The government should increase the t...
- Eco Survey FY26 growth projections realistic, apt policies can improve further: EY's SrivastavaEconomic growth projections for FY26 are set to be realistic at 6.3-6.8 per cent, according to D K Srivastava, Member, Advisory Council to ...
- Union Budget needs to cut tax rates, focus on domestic drivers to boost growth: EYEY's chief policy advisor, D K Srivastava, emphasizes the need for the upcoming Budget to focus on domestic drivers such as reducing person...
- Central schemes likely to be rationalisedHealth spending is likely to see a high allocation in this capex push with an enhanced allocation. For 2021-22, the government had budgeted...
- FIR registered in Kanpur against Sahara chief Subrata Roy, family members and group officialsThe case was registered Kakadeo police station on Sunday against Subrata Roy, his wife Swapna Roy, sons Sushanto Rai and Shimanto Rai, daug...
- Scope for tax concession very limited, higher capex may be focus: EY"...if that (tax concession) happens possibly some of the sectors can be related to, could be the real estate sector and construction secto...
- Some of India's monetary & fiscal frameworks should be recast: EY Economy WatchThe agency reviewed India’s monetary and fiscal policy frameworks which have guided policymaking during the last five years, pointing out a...
- Nearly 5% of stimulus relates to already budgeted expenditures: ReportOnly about 10 per cent of this stimulus can be traced as direct additional budgetary cost to the central exchequer. Nearly 5 per cent of th...
- Government can breach fiscal deficit target to fund infrastructure: Consultancy firm EYConsultancy firm EY has said that FM Arun Jaitley should provide more funds for development of infrastructure sector even at the cost of mi...
- Budget 2015: Hike in the exemption limit to Rs 3 lakh to provide incremental stimulusThe Ministry of Finance’s own mid-term review acknowledges over-optimism in revenue projections in the budget estimates.
- Analysts sceptical about achievability of Economic Survey targetsThe tone of the survey document is "cautious" and this is a signal that "a dramatic budget with big bang reforms is not envisaged.
- Sahara executive proposes Rs 3,000-crore 'contribution scheme'A senior executive has proposed a 'contribution scheme' to raise Rs 2,500-3,000 cr from 2 lakh members of Sahara's parabanking division.
- Madras School of Economics experts call for eco-tax in GSTEnvironmental considerations should be taken care of in the proposed GST regime in the form of an eco-tax so as to encourage green practice...
- Poor consumers may get cash subsidy on LPG, kerosene and fertilizersPoor consumers may get cash reimbursement on expenses incurred by them on cooking gas, kerosene and fertilizers.
- Budget 2011: Govt plans to put windfall gains to productive useThe government is likely to come out with a plan for using windfall gains, such as those from the auction of 3G airwaves, more productively...
- Rangarajan to head committee on mgt of public expenditureThe Planning Commission on Tuesday announced setting up an 18 member high-level expert committee to suggest measures for efficient manageme...
- Retail borrowers shy away, corporates’ offtake strongBanks are increasingly resorting to novel techniques to win over customers for personal loans as high interest rates are putting off potent...
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