It is domestic policy distortions and inaction to correct them that lie behind the large CADs.
NSO has pegged economic growth at 5 per cent in 2019-20 in its second advance estimates.
172 firms participated in the final placement process.
I had about eight, nine, dating apps on my phone. But I always felt this pressure of looking good.' 'When it comes to finding romantic love, it just feels very shallow.' 'I felt it was time for something different, something non superficial.'
Ongoing trade-war rhetoric between the US and China added some nervousness on the trading front coupled with extremely bullish dollar sentiment overseas.
India's state banks are under pressure to improve profitability.
'Our stable outlook currently points to the fact that the ratings are likely to remain stable for the next couple of years.'
If IOC is not allowed to run its own affairs, then we can see it close down in the next 10 to 15 years, warns Sudhir Bisht.
India's sourcing from China may not necessarily be for cost-effectiveness alone but also for the lack of domestic qualified bidders, technology or other know-how.
In the excitement over the allocation of bank licences for the private sector, a new category of licence offered by the Reserve Bank of India (RBI) last year went almost unnoticed. That was when the RBI consolidated the rules for prepaid payment instruments (PPI), popularly understood as e-wallets or gift cards. In the process, the regulator has fast-forwarded a bottom-up card usage industry in India that is completely different from the world of bank-linked credit and debit cards.
'When the lockdown grounded a billion people, nothing had been planned well: Testing, masks, face shields, protective gear, medical equipment, contact tracing ... nothing.' 'Before COVID, if you didn't know that the state had neither the money, nor the intent, nor the capacity to govern wisely and humanely, you were simply blind.' 'After COVID, if we continue to look to the State, look forward to a financial package or ask "What is the government doing" when faced with a calamity, the joke is on us, says Debashis Basu.
The entire gamut of China's activities is aimed at keeping India on tenterhooks, cause fatigue to its troops and keeping its security system unstable, so that it cannot play a meaningful role in international geopolitics as an effective partner of the US and Japan, observes Lieutenant General Syed Ata Hasnain (retd).
'The one aspect which no Indian military thinker would wish to see emerge is a LoC type of posture at the LAC.' 'The LoC is manned for 750 km and terrorist infiltration has led to the creation of a virtual fortress along its entire length.' 'Something mirroring this at the LAC is going to be expensive although deployment everywhere is not warranted there.' 'However, given the complete trust deficit, there appear few alternatives,' notes Lieutenant General Syed Ata Hasnain (retd).
'A balanced head plus heart approach would be a full opening up of the economy including manufacturing and internal travel in the country but excluding COVID-19 hotspots,' recommends Jaimini Bhagwati.
The Reserve Bank on Friday retained the GDP forecast for the current financial year at 9.5 per cent and flagged global semiconductor shortages, elevated commodity prices and potential global financial market volatility as downside risks to economic growth. In his address after the three-day meeting of the rate-setting panel, RBI Governor Shaktikanta Das said recovery in aggregate demand gathered pace in August-September, and it is reflected in high-frequency indicators, like railway freight traffic; port cargo; cement production; electricity demand; e-way bills; GST and toll collections. "The ebbing of infections, together with improving consumer confidence, has been supporting private consumption," he said, and added the pent-up demand and the festival season should give further fillip to urban demand in the second half of the financial year.
The pre-Budget proposals sent to the finance ministry aim to bring uniformity in tax treatment for investments in different financial sectors, mitigate hardship to retail taxpayers, and encourage participation in mutual funds.
Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space.
A green body has urged tennis star Sania Mirza to disassociate herself from a 'misleading' advertorial by an organisation representing the poultry industry.
FY22 will be the year to rebuild with the IMF projecting output growth at 11.5 per cent, economic survey at 11.0 per cent and the RBI's Monetary Policy Committee at 10.5 per cent.
As many as 11 industry bodies related to food and pharma sectors on Thursday alleged that the food regulator FSSAI has become "den of corruption" and demanded a CBI inquiry into the functioning of the authority, which shot to limelight over the Maggi issue.
'The pride of the devoted Seinfeld fan is that he happens to love a show that doesn't take his love for granted, so that even on repeat viewings he is never really sure what directions an episode might take,' observes Sreehari Nair.
In India, economic activity slowed substantially in 2019, with the deceleration most pronounced in the manufacturing and agriculture sectors, whereas government-related services sub-sectors received significant support from public spending, the Bank said.
Govt's move will facilitate entry of global giants such as Total SA of France, Saudi Arabia's Aramco, BP Plc of the UK, and Trafigura's downstream arm Puma Energy.
There is unlikely to be a rush towards the country unless New Delhi is ready with fairly applied regulations.
It is largely due to his vision and efforts that we have almost quadrupled our per capita milk availability in the last 40 years, points out Shailesh Dobhal.
The fundamental debate remains where you stand on the long-term growth question. That is what every investor must monitor and come to their own conclusions, suggests Akash Prakash.
Chairing the 19th meeting of the Group of Ministers (GoM) on COVID-19 through video-conference on Friday, Vardhan said India has achieved the milestone of more than 10 lakh recoveries, a recovery rate to 64.54 per cent.
Mallya's Rajya Sabha declaration lists investments in racing, finance and investment firms.
The best available recourse to keep the defence sector healthy, is to source most of our requirement within the country so that procurement outlays under both the Revenue and Capital heads flow within the country, recommends says Brigadier S K Chatterji (retd).
The increase in production will be from the existing mines.
Pushpal Shinde now earns some Rs 50,000 a month.
Hemant Shivsaran lists the number of projects the Modi government has announced since August to woo Gujarat voters.
'Companies with a strong business case and healthy balance-sheet should sail through and emerge more robust in the future.'
'Will you declare MSP for 100 odd crops that the farmers of India grow?'
India's real GDP growth is set to exceed 7 per cent for CY-2015.
India's macroeconomic situation is certainly better than what it was a year ago, eminent economist Pinaki Chakraborty said on Monday, while expressing hope that the country will be back on the path of economic growth if there is no major third wave of the COVID-19 pandemic. In an interview with PTI, Chakraborty, who is the director of the National Institute of Public Finance and Policy (NIPFP), said that inflation may remain at an elevated level as there was a significant fiscal and monetary expansion in the last 18 months. "The current macroeconomic situation is certainly much better than what it was one year back. We are seeing recovery in most sectors," he said. Chakraborty noted that COVID-19 vaccination has been going on at a very fast rate in India.
'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.
Relying on the private sector to undertake infrastructure investment may not be a realistic proposition.
Encouragingly, the recovery also appears to be becoming broad-based
'The real estate sector has been badly bruised because it has become too reliant on funding from NBFCs, including housing finance companies. 'When the NBFC industry was rocked late last year by a large default, the real estate sector was hit hard. 'An intricate web of links between rural incomes, construction activity and shadow banks are fuelling the economic slowdown', says Pranjul Bhandari.
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