Growing at a robust rate due to economic reforms in key sectors like digitisation and infrastructure, India has emerged as a star performer and is projected to contribute more than 16 per cent of the global growth, the International Monetary Fund said on Monday. "What we have been observing for quite some time now is that India has been growing at a very robust rate. "It's one of the star performers when it comes to real growth when you look at peer countries.
What's different this time is that global financial stress -- which has its genesis in four policy choices made in recent years -- is juxtaposed with a more resilient real economy, observes Sajjid Z Chinoy, chief India economist at J P Morgan.
Aishwarya Sathe and her husband spent 13 days crisscrossing Japan and adored every minute of it.
The trio have dominated men's tennis over the last 20 years and played a major role in shaping the direction of the sport
In the three decades since reservation of seats for women in panchayati raj institutions was introduced, the country saw women dismantling gender barriers to take the lead in the political field at the grassroots level and excel in it.
'We thought all the Jews in the world could live securely in today's world, and that feeling is broken.'
'ESG is actually a concept which cannot be applied effectively in the very short run.'
Addressing soldiers in Lepcha after celebrating Diwali with security personnel stationed near the border, Modi said the circumstances of the world are such that the expectations from India are constantly rising.
The health minister said the Centre has taken timely measures ahead of the summer season to address heatwave-related illnesses.
From the 13th century Konark temple of Odisha to the ancient Nalanda University in Bihar, the G20 Summit venue in New Delhi has put a spotlight on the rich architectural heritage of India.
Though the economy has steadily gained momentum and remained resilient since the second quarter of the current fiscal, the Omicron variant of coronavirus remains the major challenge along with rising inflation pressures, says the Reserve Bank in its second financial stability report. In the foreword to the report released on Wednesday, RBI Governor Shaktikanta Das notes that after the destructive second wave in April-May 2021, the growth outlook has progressively improved, though there are headwinds from global developments and more recently from the Omicron virus. A stronger and sustainable recovery hinges on the revival of private investment and shoring up private consumption, which unfortunately still remain below their pre-pandemic levels, he notes.
A place in the ICC ODI World Cup final once again eluded the South Africans as they went down to Australia by three wickets.
Prime Minister Modi, who is in Japan on a two-day visit to attend a summit of the Quad leaders at the invitation of his Japanese counterpart Fumio Kishida, penned an op-ed on the vibrant relations between India and Japan in the Yomiuri Shimbun.
Uttarakhand minister Satpal Maharaj said an inquiry will be conducted to find out how multi-storey buildings were allowed to be constructed in Joshimath which has been sinking for at least 20 years.
Bootstrapping has put Nithin Kamath of Zerodha in a position where he can trifle with talk about valuation, points out Suveen Sinha.
'I'm hoping that he will not have an injury effect on his bowling.'
Hari Balakrishnan, an Indian-origin MIT professor, has received the prestigious Marconi Prize for his fundamental discoveries in wired and wireless networking, mobile sensing, and distributed systems.
Manufacturing activities in India touched a three-month high in March boosted by faster expansions in new orders and output amid demand resilience and easing of cost pressures, according to a monthly survey. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) rose from 55.3 in February to 56.4 in March, signalling the strongest improvement in operating conditions in 2023 so far. The March PMI data pointed to an improvement in overall operating conditions for the 21st straight month.
Australia blanked England while South Africa and Bangladesh showed their bowling prowess with mighty wins over Zimbabwe and USA respectively. In the 16th-place play-off, Afghanistan fought off a spirited USA side to win a low-scoring thriller.
Salary increments in India will touch a five-year high of 9.9 per cent in 2022 as organisations are planning to invest in new-age capabilities to build a resilient workforce amid strong economic recovery and positive business sentiment, a survey said on Wednesday. According to leading global professional services firm Aon's 26th Salary Increase Survey in India, organizations across industries project a 9.9 per cent salary increase in 2022, compared to 9.3 per cent in 2021. The study that analysed data across 1,500 companies from more than 40 industries, noted that the industries with the highest projected salary increases are e-commerce and venture capital, hitech/IT and IT enabled services (ITeS) and life sciences.
The United States-China Summit meeting concluded at a sprawling mansion in Woodside, California with Presidents Joe Biden and Xi Jinping agreeing to work towards ensuring that the differences between the two countries remain manageable and the relations do not derail.
Prime Minister Narendra Modi will participate in the first in-person summit of the Quad leaders in Washington on September 24 that is expected to broadly focus on contemporary global challenges including ways to ensure a free, open and inclusive Indo-Pacific.
The Bengaluru connection that's shaping Indian cricket.
'Let's think of a leader as a camera.' 'It's not just about the leader having the ability to have a telephoto lens.' 'You do need that, but you also need a leader to take a wide angle, look over the horizon and to be able to rise up to the satellite level and look at the big picture.'
Once more women assume leadership roles and join the nation-building process, he said, adding they will become a guarantee of the country's bright future.
Rare snow leopard sighted in Himachal's Chicham village.
"We work with other countries to develop their capabilities and support their efforts to make free sovereign choices. More broadly, we aim to advance peace and stability in the region," he asserted.
The Budget oration of the finance minister and the confidence with which she delivered it, along with the measures and the recent upsurge in the economy would all contribute to unleashing the storied 'animal spirits' and help the economy run on the growth path quite smoothly. Or so the government hopes, notes Shreekant Sambrani.
'India is showing a reasonable amount of resilience, but we are still living in a world that is quite fragile.' 'That's why we hope that the government will continue to invest significantly in public capex so that we are able to ride through this cycle till the private sector is able to play its part in investing and adding to the capex cycle.'
Abbott India outperformed the Indian pharmaceutical market (IPM) with a year-on-year (YoY) growth of 23 per cent in February. The domestic market grew at a robust 20 per cent on a low base, primarily led by volume growth and price hikes. Abbott continued to outperform the sector in the anti-diabetic space with a growth of 20 per cent and key brands such as Thyronorm (hypothyroidism), biliary agent Udiliv, insulin Ryzodeg posted robust growth.
Indian policymakers are almost alone, alongside the United States, in seeking a hard and multi-sectoral global decoupling from China in the expectation that it will boost their economies, observes Mihir S Sharma.
Emphasising that various issues are on agenda at the G20 under India's leadership.
What matters most is how resilient you are in an ever changing world, advises Sarita Digumarti, chief learning officer, UNext Learning.
If a 5% to 10% fall in the equity market gives you sleepless nights, you are not cut out for a 75% to 80% allocation to equities and must reduce it.
President Barack Obama has called for building world class infrastructure in the US, maintaining that countries like China are forging ahead in the sector.
The members of the grouping made it clear that they were against the use or threat of use of nuclear weapons and sought "peaceful resolution of conflicts."
While some states have kicked in their heat action plans, experts feel this is not enough to tackle the current extreme weather.
China on Tuesday announced a major policy change for its crisis-ridden power sector by allowing coal-fired power plants to charge their industrial and commercial customers market-driven prices. The National Development and Reform Commission (NDRC) of China said the electricity generated by coal-fired plants would discover price in market trading "in an orderly manner" from October 15. This is being done to pass on the high costs of coal and is being held up as the boldest reform in the Chinese power sector.
A vast majority of the business leaders believe that the Production Linked Incentive (PLI) schemes have been beneficial and expect an extension to other sectors in the coming years, a Deloitte Survey said on Friday. An overwhelming number of survey respondents hope the budget will fuel growth across industries by building strong domestic demand and focussing on capital expenditure and believe that it would define the 'Amrit Kaal'. "Critical to this growth will be the pace of capital expenditure, infrastructure development, and the need to boost infrastructure financing through private partnership. 60 per cent of respondents suggested raising funds through Indian Government Bonds," the survey said.
The YouTube star had some inspiring words for women of colour.
