The good news is that inflation seems to be stabilising with the September number only marginally higher than the 8.5 per cent in August.
The somnolent US economy is one side and the relatively fast-growing emerging economies the other.
The restructuring of banks' loans to troubled airlines, which the Reserve Bank of India (RBI) has allowed, is taking its time.
The decision of the Reserve Bank of India (RBI) to allow banks to engage companies with large retail outlets as business correspondents has the potential to change the future of financial inclusion and branch banking in India.
By all accounts, Satyam (now known as Mahindra Satyam) is out of the woods. Losses have been cut. The hole caused by Ramalinga Raju's misdemeanours has been plugged.
By wonderful coincidence, the first UID card handed out today by the Prime Minister and Mrs Gandhi was backed by Mahindra Satyam technology, says Anand Mahindra.
Almost 18 months after acquiring scam-hit Satyam Computer Services, the new management has come out with a clean balance sheet.
A bilateral comprehensive economic partnership agreement (CEPA) with Japan has reportedly been finalised so that it can be signed when Prime Minister Manmohan Singh visits Japan next month.
The government appears to be moving towards finalising legislation to ensure that those displaced by mining projects get 26 per cent of the profit accruing from them.
Information technology services major Cognizant is at an advanced stage of negotiations to acquire Genpact, the business process outsourcing (BPO) giant.
The 8.8 per cent growth in gross domestic product (GDP) in the first quarter of 2010-11 (that comes on the heels of 8.6 per cent in the last quarter of 2009-10) should put to rest any doubts about the durability of the economic recovery.
A parallel system of futures trading in commodities, operating outside recognised commodity exchanges, better known by its colloquial epithet Dabba, has been thriving unchecked and is believed to be now generating bigger trading volumes than the regular exchanges.
This will make organised retail more efficient and help farmers. Kiranas have natural advantages that will protect them to an extent, but if they are not modernised, the employment impact could be large.
Planning Commission Deputy Chairman Montek Singh Ahluwalia says Commerce Minister Kamal Nath had warned him in advance that he was going to criticise the apex planning body in public.
The real challenge before the government is to improve the institutions that are charged with the responsibility of delivering food to the consumer through the existing public distribution system (PDS).
The Union Minister for Food, Civil Supplies and Agriculture, Sharad Pawar, who also doubled as president of the Board of Control for Cricket in India (BCCI) and has now become president of the International Cricket Council (ICC), has reportedly pleaded with Prime Minister Manmohan Singh that his ministerial burdens be reduced so that he can devote more of his time to his cricketing responsibilities.
The Indian Institute of Management, Ahmedabad (IIM-A) has finally agreed to set up a satellite campus near Hyderabad. The decision was taken at a board meeting of the premier B-school on June 24, according to government officials.
At a time when central banks around the world are getting empowered to deal with a range of market- and growth-related challenges, it is disturbing to see the government of India use the subterfuge of a weekend ordinance to diminish the status of the Reserve Bank of India (RBI).
High payments may be justified if many more users come in and spend more, argue analysts.
The spectacular opening ceremony for the Shanghai World Expo on April 30 would have surprised no one.
