The 3G auctions have swelled the government coffers by almost Rs 70,000 crore. BT asks a few economists to give their wishlists on how best the government can use this windfall without frittering it away on wasteful expenditure.

London has seen more economic downturns than any other city — after all, it's the capital of the world's first industrialised nation. How is the city coping with the impact of the worst recession in its history? Shalini S. Dagar went there to find out.

Rice production is going to be lower by 12 million tonnes and coarse cereals by six million tonnes in the current fiscal.

Industrial production may be up smartly, but with some crucial sectors still languishing, a full-fledged recovery may be some time away.

Budget speech on 28th February, Friday, 2014.

The Finance Minister had risked it all on his bet on growth and seems to have come up a winner. Now comes the task of restoring normality in finances and speeding up reforms.

As government remains confused between outlays and outputs, the 5-year old promise of matching outlays with outcome remains unfulfilled.

Like in the past, on Budget day, we turn on the television to watch the dull, dreary but still-considered-important Budget speech of the Finance Minister.

The only way to make India's fiscal deficit look less threatening, than it really is, would be to compare it with the budget deficit of the United States.

After several deaths and rebirths, disinvestment is back as a big-ticket reform. And the timing is good—it's the only reform that can stimulate demand without straining the fiscal deficit.

The Thirteenth Finance Commission makes some radical—but highly desirable and doable—prescriptions.

The downturn affected the government as much as India Inc. The outgoing advisor to the Government of India details its impact and its lessons.

Stimulus measures that are in the nature of reforms should continue, other measures may be gradually withdrawn as domestic demand grows, industry recovers, tax collection becomes buoyant and exports growth recovers.

The Indian banking system did well to survive the carnage of the global meltdown that brought marquee institutions down to their knees. But there are challenges which, if not tackled, could derail India’s ambition of higher economic growth.

The UPA government’s stimulation packages held up the Indian economy. As the buzz grows on exiting such expansionary spending, the casualty could be economic goodies.

Though there is finally a deadline for the 3G auction, the timing, quality and speed of 3G service roll-out are still open to questions. Can New Delhi meet the deadline? Kushan Mitra tells more.

The dollar has been on a yo-yo movement in the last year: appreciating almost 20% at the height of the financial crisis, and since March, sliding almost 12% against most currencies, writes Shalini S. Dagar.

Reeling from an onslaught by the Taliban and crippled by an electricity crisis, businesses in Pakistan are forced to survive in a world fraught with risk and uncertainty.

How much you gain from the recovery will depend on two things—the strength and shape of the revival and your company’s deeds during the downturn.

Poor rains have damaged the summer crop in quantity and quality. As the monsoon whimsy continues, some intelligent government intervention could help save the winter crop.