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Akash Prakash: The populism risk
The Congress party has seriously underperformed its own and most media predictions in the recently concluded round of state elections. The bulls had predicted that the Congress would get close to 75 seats and become the kingmaker in Uttar Pradesh, thus significantly strengthening its own position at the Centre. Any formal alliance with the Samajwadi Party (SP) in the state and at the Centre would have

Four essentials the budget must achieve

Now that the Assembly elections in five states are over, with what can only be called a defeat for the Congress, the pressure is on Finance Minister Pranab Mukherjee to help the United Progressive

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Infy hopes for reforms in Budget; Genpact unsure

Infosys chief Kris Gopalakrishnan on Wednesday expressed hope that DTC and GST will be pushed through in the forthcoming budget, while Genpact vice chairman Pramod Bhasin feared economic reforms will

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Industry urges FM to merge central levies under one head

The Bangalore Chamber of Industry and Commerce (BCIC) has urged Finance Minister Pranab Mukerjee to take steps to merge the present central levies such as excise, service tax and customs into a single

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Lending terms should be eased, tax structure simplified

Food & beverages (F&B), accounting for half the share of the $12-billion fast moving consumer goods industry, is one of the largest sectors in the Indian economy. F&B companies have seen

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Sales tax compensation row creates hurdle for GST

As differences between the Union finance ministry and the states over compensation for revenue loss due to cut in Central Sales Tax (CST) came to the fore, the latter on Saturday raised questions over

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