Shaji Vikraman

In the past, too, many mergers in the banking sector have been forced ones. The SBI is seen as a candidate given its size and strength to take over any troubled banks if its principal shareholder does have its way down the line.

There’s greater realisation now. One is about the borrowing itself. I think the days of over leveraging and thin equity are over, says Rajnish Kumar

Petroleum Minister Dharmendra Pradhan has said government is considering bringing petrol, diesel under GST to check prices

Over the next year or so, this law will be seen as one of the legacies of this government. But the pain of ‘creative destruction’ will probably last a while.

Using 2011 data will penalise southern states, which have made considerable progress in population control, and deny them reward for progress made in areas such as health, literacy, education and infrastructure.

The exercise of cleaning up bank balance sheets, which started in 2015, and a signal by the Reserve Bank of India to put an end to forbearance — or the easing of rules — will now mean a longer wait for better results.

Southern states meet over new population yardstick, various performance-based incentives.

While it would be unfair to prejudge some of the cases now in the spotlight, there is a possibility of the debate on the ugly side of capitalism — under attack in the West — playing out in India as well.

On March 23, Siddaramaiah gave a call on Twitter to “resist” these terms, tagging the Chief Ministers of Kerala, Tamil Nadu, Andhra Pradesh, Telangana, Puducherry and Maharashtra, besides Stalin and Thiruvananthapuram MP Shashi Tharoor.

The 14th Finance Commission, which was then going about its Constitutional mandate of determining the individual share of states in the pool of central taxes, did take into consideration the issue of special category states.

Union Budget 2018: For banks, lowering their exposure to corporate borrowers or less lending to that segment could mean a new category of borrowers — the next category after the big firms — with perhaps higher risks.

Union Budget 2018: The most anticipated event of the Indian financial calendar is over. What political and economic message has the Budget sent out? The Indian Express cuts through the fog.

Arun Jaitley's Union Budget 2018 EXPLAINED: Here's what our experts — National Editor, Policy, Shaji Vikraman; National Editor, Rural Affairs, Harish Damodaran; Associate Editors Anil Sasi and Sandeep Singh — think of Jaitley's budget. 

UNION BUDGET 2018: As Finance Minister Arun Jaitley rises to present the last full Budget of the NDA government, here’s a route map to negotiate the Budget speech.

Under Arvind Subramanian, the Economic Survey was elevated to an altogether different level as it introduced new concepts such as “Twin Balance Sheet (TBS) problem” and the “JAM agenda” to describe both threats and opportunities in the Indian policymaking arena.

What experts have flagged is the surge in Indian stock markets over the past year, even as growth has declined — a sharply different scenario from the United States and Europe, which have seen strong economic rebounds — and the risk of outflows in case of a sharp correction.

“If Maharashtra has to grow to a $1 trillion economy over the next few years from $400 billion now, the state will need to grow at 10% over the medium term. For that, we need to improve our infrastructure. So, we are building more rail networks, ports, airports and investing hugely in agriculture too.”

India on its part is now working on getting all the major stakeholders to come together — with a mini — ministerial of the WTO being planned in the last week of March.

Mnuchin said that America’s protectionist policies are not a “race to the bottom”.