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This week’s Oscars exemplified the male domination of Hollywood, an industry where actresses still get lower pay, less meaty roles and fewer big-budget films than actors »

India in a sweet spot, says Economic Survey

Shishir Sinha

India has reached a sweet spot and could finally be on a double-digit medium-term growth traject... »

Roaming to get cheaper as TRAI proposes lower tariffs

Our Bureau

Recommends 25% reduction in call rates, 80% cut in SMS charges »

Malls feel the heat as consumers increasingly flock to online shopping sites

A cut-out of pop star Michael Jackson hangs by an escalator at a shopping mall on the eve of his birth anniversary, in Bangalore, India, Thursday, Aug. 28, 2014. (AP Photo/Aijaz Rahi)

Bindu D Menon

Footfalls plunge; bad planning and poor management add to promoters’ woes »

Ready to make changes to land Bill if it is anti-farmer: Modi

Prime Minister Narendra Modi

Our Bureau

Assures Lok Sabha that there will be no dilution in rural jobs scheme »

BUDGET SPECIAL 2015

The Hindu BusinessLine will publish a special Budget edition on Sunday, March 1, 2015. Th... »

Opinion

Columns

PRATHAP C REDDY

HEALTH MATTERS

Make healthcare a national priority

To reach the unreached New Delhi must work out a more broad-based health policy SHIV KUMAR PUSHAKAR That will not only boost its development, but give it much-needed financial backing and tax benefits »

Priyanka Kotamraju

FROM THE VIEWSROOM

Payback time

Patricia Arquette When it comes to movies, it’s very much a man’s world »

Editorial

The end of bad times

The Survey is remarkably optimistic about growth, and not entirely without reason »

Opinion

It’s taxing to deal with intellectual property

Sticky business Mired in complexities Elya Vatel/shutterstock.com

Rohan Shah/Anuradha Mohanty

The court rulings on the subject have created a tangled web. Let’s unravel it »

Offloading the baggage of history

Shanti Narayan

The Rail Budget goes down a new track, but it has missed an opportunity to raise second class and suburban fares »

Companies

Tata Motors announces VRS

Our Bureau

Tata Motors has announced a Voluntary Retirement Scheme (VRS) for its workmen. The Tata group co... »

Economy

Survey has been made readable like “a blog“: Subramanian

PTI

CEA, Arvind Subramanian While writing his maiden economic survey, CEA Arvind Subramanian says he was inspired by the IMF... »

Politics

PM’s blockbuster speech leaves Opposition in disarray

Our Bureau

MALLIKARJUN KHARGE, Congress MP Low on adrenaline and small in numbers, Modi’s rivals have little to say in Parliament »

Agri-biz

Corporate cartel suppressing castorseed prices, alleges farmers’ organisation

Our Bureau

We are not in nexus with anybody and are not for low price: Firms »
More Agri-biz »

News

Malls feel the heat as consumers increasingly flock to online shopping sites

Bindu D Menon

A cut-out of pop star Michael Jackson hangs by an escalator at a shopping mall on the eve of his birth anniversary, in Bangalore, India, Thursday, Aug. 28, 2014. (AP Photo/Aijaz Rahi) Footfalls plunge; bad planning and poor management add to promoters’ woes »
More News »

Cover

Eyes wide open

Vidya Ram

Cradle to grave: The National Health Service of Britain is not flawless, but it has helped millions of lives Indian doctors have always played a major role in the National Health Service of the UK. But their story is equally about assimilation and success as it is about compromise and bias »
More BL Ink »

Politics

J&K govt: Mufti meets Modi ahead of swearing-in ceremony

PTI

PDP patron Mufti Mohammed Sayeed today met Prime Minister Narendra Modi in Delhi. Image: PIB India PDP patron Mufti Mohammed Sayeed today met Prime Minister Narendra Modi ahead of the swearing-in... »  

Forex

ECONOMIC SURVEY 2014-15

`$1 trillion forex war-chest to boost India’s geo-political power’

PTI

Soft power: Economic Survey on foreign exchange reserves and geo-political influence. A “war-chest” of foreign exchange reserves worth up to USD 1 trillion in the long run can help I... »

Markets

SEBI, stock exchanges tighten vigil for Budget day trading

PTI

nse Anticipating huge volatility during the special stock market trading on Budget day tomorrow, SEB... »

Banking

Centre cannot ‘para-drop private sector candidates to steer PSBs’

Our Bureau

The eligibility criteria set out by the Centre in its advertisement inviting applications for th... »
More Banking »

Economy

ECONOMIC SURVEY 2014-15

India Inc buoyed by prospect of public investments

Our Bureau

Jyotsna Suri The Survey paints a promising picture of the economy, with GDP slated to grow between 8.1 per ce... »
More Economy »

Companies

Yamaha to launch small cars in Europe

PTI

Yamaha is planning to build car plants in Europe to sell them in the region before 2020 Japanese motorcycle giant Yamaha will join the four-wheel market by launching small cars in Euro... »

Companies

Sahara employees face salary delays on liquidity crunch

PTI

Sahara’s long-drawn dispute with regulator Sebi over investor repayments has begun to take its t... »

Macro Economy

Economic Survey 2014-15

Digital advertising, gaming to drive growth in media: Survey

PTI

Digital advertising and gaming verticals are expected to drive growth of Indian media and entert... »

BL Ink

Cover

Eyes wide open

Vidya Ram

Cradle to grave: The National Health Service of Britain is not flawless, but it has helped millions of lives Indian doctors have always played a major role in the National Health Service of the UK. But their story is equally about assimilation and success as it is about compromise and bias »
Today's Poll
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Economic Survey 2014-15 highlights

  • Following are the highlights of Economic Survey 2014-15 presented by Finance Minister Arun Jaitley in Parliament today
  • GDP growth seen at 8.1–8.5 per cent in 2015-16
  • Double digit growth trajectory; 8–10 per cent GDP in coming years
  • Inflation shows declining trend during April-December
  • Current Account Deficit (CAD) to decline to about 1 per cent in 2015-16
  • To adhere to fiscal deficit target of 4.1 per cent of GDP; to aim for 3 per cent
  • Committed to fiscal consolidation; to enhance revenue generation
  • More reforms on anvil; Goods and Services Tax, expanding direct benefit transfers to be game-changers
  • Foodgrains production for 2014-15 estimated at 257.07 million tonnes; will exceed last 5-year average by 8.5 million tonnes
  • NITI Aayog, 14th Finance Commission to enhance fiscal federalism
  • External Sector returning to strength, resilience
  • Need balance between ‘Make in India’ and ‘Skilling India’
  • Services sector negotiations at WTO crucial for India in removing many market access barriers
  • Revitalise PPP model to revive investment
  • Manufacturing and services equally important for growth
  • Consumer inflation in 2015-16 to be between 5-5.5%
  • Lower inflation opens up space for more monetary easing
  • There is scope for big bang reforms
  • Labour, capital, land, market reform and skills to be engines of growth
  • JAM Trinity — Jan Dhan Yojana, Aadhaar, Mobile — to help transfer of funds to poor without leakage
  • Shield domestic industry to promote ‘Make In India’
  • Borrowings to fund investment, not for meeting expenses
  • Food subsidy bill in April-Jan up 20% to Rs 1.08 lakh cr
  • Reform Railway’s structure, commercial practices, overhaul of technology
  • Public investment key growth engine in short-run for Railways, but not a substitute for private investment
  • More disinvestments on the anvil in current fiscal
  • Under-recoveries on petroleum products to come down to Rs 74,664 crore in 2014-15, from Rs 1.39 lakh crore in FY14
  • 4Ds — Deregulation, Differentiation, Diversification, Disinter (better bankruptcy laws) — to push financial sector growth
  • Implementation of GST to boost GDP, exports
  • Suggests medium to long term fiscal policy to target deficit, expenditure
  • Global commodity prices to remain weak in 2015
  • Ecommerce sector to witness 50% growth in 5 years
  • Urban land and labour costs are pushing garment units in South India to small towns »


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