Moving Out of an Outdated Tradition
The finance minister has brought down the fiscal deficit to an unprecedentedly low level. Now he must raise his ambitionConsumer and cement sectors may benefit from the rural focus and thrust on infrastructure may help select defence and capital goods stocksPoll frenzy has led to a spike in demand for business aviation, but demonetisation could spoil the party.Real estate gets a shot in the arm, with a raft of proposals for the sector. The government continues to bet on high infrastructure spending to get growth going. It is time to focus on getting the execution right.Hit by scams and delays in clearances, the mineral mining sector struggles for investments while shelved projects pile up. Microsoft CEO Satya Nadella joins the chorus of opposition to curbs on entry of immigrants from some countries announced by US President Donald Trump.Leo Puri has a plan to help UTI AMC get its mojo back. But it may be difficult to make it work.