Since 2000, China has had the world's largest outflow of HNIs.
'Earnings revival could be two quarters away.'
Analysts say markets to be impacted by monsoon, inflation trajectory.
'Relations between India and Japan are robust and devoid of either shadow of history or any irritant.' 'In fact, there is plenty of warmth and goodwill earned over history. There are no negatives but only opportunities,' notes Dr Rajaram Panda.
It has so far managed to raise only Rs 1,700 crore (Rs 17 billion), by divesting a 5% stake in Steel Authority of India.
You have a great product. But is that enough?
Persistence is the name of the game, says Vineet Bajpai.
'I can confidently say there will be another financial crisis soon enough, and probably more than one global crisis within the next century, given the increasingly integrated nature of the global economy.'
The first stage of the inclusion strategy was focussed on opening bank accounts, logically seen as creating the last-mile channels for financial access.
'We should expect a cold-blooded, transactional relation that requires a lot of engagement and mutual trust to sustain,' says Constantino Xavier, Fellow, foreign policy, Brookings India.
While IDBI Bank's 140 million customers and 1800-odd branches will come in handy for LIC to hawk insurance, the bank can use LIC's massive agent network to sell its retail loans. But if it is run the same way it had been in the past and LIC is a proxy of the government, then it has no future, says Tamal Bandyopadhyay.
Several factors seem to have corrected in India in the past six months, says the president of New Development Bank.
'For every epidemic, it takes a peak and then it comes down.' 'Usually, infections peak in 14 days, and you give another week's time after the peak.' 'That is why the lockdown is for 21 days.'
RBI will now increasingly shift focus to domestic parameters
Home and kitchen appliances, electronic products, apparel and B-segment cars stand to gain.
It is high time to manoeuvre the rupee more effectively and predictably, even as it has to be recognised that such tweaking of the rupee needs to be accompanied by reforms to the real sector and factor markets.
It would be a huge achievement if the new administration manages a successful transition to some sense of domestic and international normalcy in these frantic times marked by the pandemic and rise of illiberal regimes across the world, observes Shreekant Sambrani.
The senior RBI official, who assumed office on July 31, a day before he was to retire from the state-run Bank of Baroda as its chairman, said developments in construction technologies should make it possible for developers to bring down home prices.
The Central Bureau of Investigation has found no criminality in the allocation of about 60 coal blocks, which are likely to be taken out of the purview of its ongoing probe after taking the Supreme Court's permission.
After one year in power, Prime Minister Narendra Modi is pretty much on the back foot, even if he continues to display bravado in his public pronouncements. He knows within his heart that he has wasted a lot of his political capital without getting much in return, says M K Venu.
'Notwithstanding the realisation among the Indian leadership to build up its navy for the force's expanding role, the Indian Navy was allocated only 15% of the interim defence budget presented in Parliament in February 2019.' 'The outlay for the navy's capital acquisition is not even adequate to meet its committed liabilities,' points out Brigadier S K Chatterji (retd).
Don't catch falling knives or chase bear rallies no matter how enticing those eight pc green blips look. They may be mouse traps, warns Sonali Ranade
A summary of sports events and persons who made news on Tuesday.
'The BJP, or the Rashtriya Swayamsevak Sangh, are celebrating their biggest ideological and philosophical victory in some time,' says Shekhar Gupta.
Today as one sees the Owaisi brothers of Hyderabad seeking to lay claim as the custodian of the Muslim vote and the upholders of the community's interests, it is Shahabuddin who springs to mind for having been there, done that, says Saisuresh Sivaswamy.
'The Modi government needs some big private sector trophies to affirm its anti-corruption credentials before the polls.' 'So on whose neck will the sword fall next?' 'To that extent, the outing of the ICICI Bank-Videocon story is cathartic,' says Shekhar Gupta.
With time the start-up action plan will need to be tweaked and will need to move in the direction of removing both hurdles and privileges.
After helping the government in policymaking since October 2014, Chief Economic Adviser Arvind Subramanian is returning to academics and will be teaching at Harvard Kennedy School on a visiting position. In an interview to Dilasha Seth and Somesh Jha, he says the ease of doing business agenda needs to move forward and India must try to integrate with the global value chains. Edited excerpts.
Sensex ends 134.91 pts down at 28,709.87; Nifty falls 44.70 pts at 8,712.05.
Shripad Naik said that the incident was a mistake and that Ram Madhav had apologised.
'Galbraith had a powerful ally in Washington -- not as blunt and direct as the ambassador -- but committed to see Krishna Menon go.' 'This was President Kennedy himself.'
The first 100 days of any government should be a period when it is allowed to get its act together, with no media pressure for faster, higher, says Indira Jayaraman.
Will Narendra Modi bring to his appointment the vision and stature that the PM's job requires? Will he prove the worst fears of his detractors wrong, wonders Malavika Sangghvi
The world economy's growth engine is slowing, but not collapsing.
'I say Modi was India's last chance.' 'Because the kind of work this government has done -- I'm talking about physical delivery -- is fantastic, like no time in our history.'
Janmejaya Sinha lays down Urjit Patel's agenda - cleaning up bank balance sheets, evaluating robustness of CPI and pushing for digitisation in financial services.
Mark Mobius, executive chairman, Templeton Emerging Markets Group, is positive on India and believes the Indian economy is on a strong footing
'The Opposition has no option but to make it an 'All versus One' fight to even think about winning.'
Other countries need not be worried by Trump putting America first, says B S Raghavan. 'That is what the imperative duty is of everyone heading his country's government: To put his own country first, and make it great.' 'That is what Narendra Modi, Xi Jinping, Theresa May, Angela Merkel, Shinzo Abe and all the democratically elected heads of governments, with the interest of their people at heart, are doing.'