The Central Statistical Organisation, the government agency responsible for keeping track of how the economy is performing, goes through five phases of estimating how much India's GDP amounts to each year.
Given how Participatory Notes are essentially an OTC market for Indian equity derivatives, moving them onshore should be an important objective.
The International Monetary Fund has ended its annual meetings without doing anything to enhance its credibility and effectiveness. In the process, as Finance Minister P Chidambaram warned in Washington, it risks becoming irrelevant.
The easiest way to explain this away is by dismissing it as a non-representative sample, for such it is in the broad national context. But that would be to miss the point. Admittedly, a database of 10 million rsums from educated people who have access to computers, in a total labour force of 470-odd million and a workforce of 458 million (the difference between the two is the number of unemployed people), is not the ideal database to use for assessing a national problem.
It is not that the government has not done anything to change the format of the annual performance appraisal report, but it is hard to tell what difference these will make.
A sector that was to have created millions of new jobs in the country is reporting job losses before it even gets under way.
While prospective investors in new retail chains are up against the odds in several states, those wanting to invest in primary level agricultural marketing may find the going easier.
Apart from their competence, questions need to be asked about whether credit rating firms can be unbiased about a client who pays them.
The India Meteorological Department releases its long-range monsoon rainfall forecast only a few days prior to the actual onset of the monsoon, serving little purpose
Financial inclusion has become fashionable once again, and the formal sector -- banks and micro-finance institutions -- is straining every nerve to dole out these microscopic loans, and mostly failing because that is not their institutional design.
Unilever's shadow on HUL has been lengthening for some time. One indication recently was the change of name from Hindustan Lever, the identity that had been established in the country for half a century.
The stock market may be at a new high this month, but there isn't much reason to cheer if the "early bird" financial results of companies are anything to go by.
The export-oriented software industry has reacted in several ways to the negative impact of rupee appreciation on its financial performance, especially in the last (April-June) quarter.
While considering the options before it, what the government can do is revive the defunct Textile Upgradation Fund Scheme, which lapsed on March 31, 2007.
There are several positive indications at the macro level of agriculture which suggest that there could be change on the ground.
The problem with the Broadcasting Bill is that having stuck to the Constitutional view of freedom of expression in deciding what is and is not acceptable, the operational details worked out are less than satisfactory.
There is no shortage of liquidity, so interest rates in the overnight call money market continue to stay below 1 per cent.
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With the rupee expected to continue to appreciate, sops cannot be given endlessly, and exporters will have to learn to hedge their exposures.
Mr Mallya's United Spirits, the third-largest spirits group in the world, acquires both a global footprint and a quality label.