India, Feb. 4 -- The 2025-26 Union Budget has given a huge tax relief -- Rs.1 lakh crore, by the government's own calculations. In an interview to HT this week, finance minister Nirmala Sitharaman exp... Read More
India, Feb. 2 -- The budget has three political objectives in mind. The first sends a message to the Bharatiya Janata Party's, and more importantly, Rashtriya Swayamsevak Sangh's core base of the midd... Read More
India, Feb. 2 -- The budget seems to have taken the economically rather than the politically prudent route to achieve its demand objective. There is no big-bang announcement about some new welfare sch... Read More
India, Feb. 2 -- The single biggest piece of reform will come next week. The finance minister has said that she will introduce a new income tax bill in Parliament next week. India has been waiting for... Read More
India, Jan. 30 -- Economic policy talk reaches a crescendo around the Union Budget in India. Is this justified? How consequential is the budget as far as the overall economy is concerned? Has its impo... Read More
India, Jan. 30 -- It is not that the Budget is not important. It is. For bond markets and the wonks who work there. Fiscal movements amounting to a few basis points can affect billions of rupees in m... Read More