The country's alcohol business, among the top three revenue sources, is likely to be slapped with higher taxes as states grapple with fiscal deficit.

There is, however, no silver bullet solution to agrarian distress. It needs long-term planning and multi-pronged strategy.

Addressing a press conference in London via Skype, the man, identified as Syed Suja, says he fled India in 2014 because he felt threatened in the country after the killing of some of his team members.

The agency says India's revenue will clock a deficit of0.5 per cent of the GDP in FY20 due to a higher growth in revenue expenditurethan in revenue receipts.

The rich and powerful from across the globe are flocking to the ski resort town of Davos on the Swiss Alps for five days beginning today to discuss what's ailing the world economy. More than 100 CEOs from India are expected to attend.Due to ongoing political and economic issues in their respective countries the US President Donald Trump, Britain's Theresa May, France's Emmanuel Macron and Russia's Vladimir Putin, have decided to stay away from this annual jamboree.Those expected to attend inc...