Siddhartha Sanyal

The issue of entrepreneurs facing tax terrorism - raised first by Cafe Coffee Day promoter VG Siddharth before his death - has now been reinforced by former Infosys director Mohandas Pai and Biocon chief Kiran Mazumdar Shaw.

According to Barclays, India's economic growth will gradually pick up over the next couple of years, led by a pick-up in consumption oriented sectors, which will attract foreign investment.

India's wholesale price-based inflation eased to an eight-month low in January as food prices moderated, offering some relief to policymakers who have long battled to get a handle on surging prices.

The surprise rate hike and liquidity boost by Reserve Bank of India Governor Raghuram Rajan in his maiden mid-quarterly monetary policy left analysts and economists divided with a section terming the moves as "growth-supportive", while others saying he has left the market confused and further dampened the already anaemic growth.

The Reserve Bank of India is expected to cut policy rates on March 19, according to a Reuters poll, after the weakest economic growth in a decade, slowing inflation and a commitment by the government to contain its fiscal deficit.

Taking cue from declining core inflation levels and sluggish growth trends, the Reserve Bank of India is likely to cut key policy rates by 0.25 per cent in its mid-quarter review on March 19, global investment banking majors have said.

The country's current account deficit (CAD) is likely to be 4.3 per cent of the gross domestic product (GDP), with "risks biased towards a wider deficit", Barclays said on Monday.

The Reserve Bank is likely to keep policy rates unchanged in its monetary policy review next week, although inflation for the second consecutive month in November has declined, experts have said. They also said that a CRR cut of 0.25 per cent is likely.

The contraction was driven by particularly poor performance of the manufacturing sector, says an expert.

India's economy likely grew at its slowest pace in more than two years during the final months of 2011 as high interest rates and booming input costs hampered manufacturing activity, a Reuters poll predicted. Gross domestic product in Asia's third-largest economy grew at an annual 6.4 percent rate in the quarter to end-December, according to the po...

The issue of entrepreneurs facing tax terrorism - raised first by Cafe Coffee Day promoter VG Siddharth before his death - has now been reinforced by former Infosys director Mohandas Pai and Biocon chief Kiran Mazumdar Shaw.

According to Barclays, India's economic growth will gradually pick up over the next couple of years, led by a pick-up in consumption oriented sectors, which will attract foreign investment.

India's wholesale price-based inflation eased to an eight-month low in January as food prices moderated, offering some relief to policymakers who have long battled to get a handle on surging prices.

The surprise rate hike and liquidity boost by Reserve Bank of India Governor Raghuram Rajan in his maiden mid-quarterly monetary policy left analysts and economists divided with a section terming the moves as "growth-supportive", while others saying he has left the market confused and further dampened the already anaemic growth.

The Reserve Bank of India is expected to cut policy rates on March 19, according to a Reuters poll, after the weakest economic growth in a decade, slowing inflation and a commitment by the government to contain its fiscal deficit.

Taking cue from declining core inflation levels and sluggish growth trends, the Reserve Bank of India is likely to cut key policy rates by 0.25 per cent in its mid-quarter review on March 19, global investment banking majors have said.

The country's current account deficit (CAD) is likely to be 4.3 per cent of the gross domestic product (GDP), with "risks biased towards a wider deficit", Barclays said on Monday.

The Reserve Bank is likely to keep policy rates unchanged in its monetary policy review next week, although inflation for the second consecutive month in November has declined, experts have said. They also said that a CRR cut of 0.25 per cent is likely.

The contraction was driven by particularly poor performance of the manufacturing sector, says an expert.

India's economy likely grew at its slowest pace in more than two years during the final months of 2011 as high interest rates and booming input costs hampered manufacturing activity, a Reuters poll predicted. Gross domestic product in Asia's third-largest economy grew at an annual 6.4 percent rate in the quarter to end-December, according to the po...