With certain quarters demanding privatisation of public sector banks in the aftermath of the alleged fraud at Punjab National Bank (PNB), Economic Advisory Council to the Prime Minister chairman Bibek Debroy tells Sanjeeb Mukherjee, Ishan Bakshi and Indivjal Dhasmana that reducing government equity even to zero would not mean giving up of government control over these banks.
In a setback for China, an international arbitration court ruled that it has jurisdiction to hear some territorial claims the Philippines has filed against it over disputed areas in the South China Sea, a ruling rejected by China as null and void.
India stands at an embarrassingly low 130 among 190 countries in the World Bank's Ease of Doing Business rankings. But in our worry over it are we forgetting the big picture -- to make India an attractive investment destination -- wonders Avirup Bose.
Recently, Hindu religious seers had threatened to boycott the ceremonial Kumbh snan if the Ganga was not clean.
Modi is practical person... If he comes in, he will revive the economy and create jobs, says Sanjay Suri.
The Vasundhara Raje government's initiatives mark a critical step forward in labour law reforms.
The Obama administration sees India not only as a land of huge potential for expanded business and trade but also as a strategic partner in the face of an increasingly assertive China, whose leader visited Modi in India last week.
For many, he is the Dhirubhai Ambani of Kerala. For others, he is the most influential Indian in West Asia. M A Yusuff is back in the spotlight after the controversy surrounding the UAE's reported offer of a Rs 7 billion aid package for flood-hit Kerala.
'As China rises and India grows to reclaim their earlier positions on the world stage as two of the largest economies and most important countries, there will indeed be some contention between these two powers.' 'There will also be plenty of space and room for cooperation amongst the two of us.' 'As our economic size increases to match the fact that we are the two most populous nations on earth, it will be all the more important for us to keep the interests of our peoples as well as those of the rest of the world in mind.' 'We shall have to grow together rather than as separate and disparate entities,' points out Ambassador Gautam Bambawale -- who served as India's ambassador to China -- in the 7th annual lecture of the Indian Association of Foreign Affairs Correspondents on March 1, 2019.
A strengthening dollar, rising interest rates, tightening liquidity and a surge in oil prices - all are combining to create a toxic atmosphere for EM assets, says Akash Prakash.
CBDT circular issued last month had raised multiple taxation concerns.
Opposition attacked the government, saying prohibition law was being used to target Dalits.
The fiscal deficit of the Centre remains a worry, running at over 6.5 per cent of GDP in April-September 2014, mainly because of revenue shortfalls from exaggerated projections in the government's July Budget and despite the relief on subsidies from lower oil prices.
'Who are these people on the streets?' 'They are youth and students who were hoodwinked, bluffed by Modi for the last seven years, with a promise of 2 crore jobs every year.' 'And Mamata sings the same tune.' 'But the youth can see that as long as there is Mamata or Modi, there is no hope.'
After hitting a record low of 68.85 to the dollar last week, a Reuters poll suggests the rupee will stabilise at 66 to the dollar by the end of September, while technical charts also point to a period of relative calm.
Prime Minister Khan said his government was keen to bring the perpetrators of the 2008 Mumbai attack to book, asserting that it was in the interest of Pakistan.
'What is the ISI doing and why can't they understand for their own interest that bringing stability to the region will help all the countries become prosperous, whereas a continuation of incitement will only lead to misery for all.'
'More than 900 companies believe that the majority of their employees worry about AI's role in potential job losses.' 'It makes employees anxious about working with machines or AI applications and fuels resistance to change,' says a Capgemini report.
Delhi Chief Minister and AAP National Convener Arvind Kejriwal unveiled the party's manifesto for the youth. The party, which is aiming to capture power in the state, will come out with separate manifestos for different sections of society.
The South Carolina governor has become the first woman and minority to join Trump's administration.
"Barkha Singh belongs to the Congress, and everyone knows it. She even contested elections as a Congress candidate. And, if she is the chairperson of Delhi Women Commission, she is certainly not doing an unbiased job. She is doing politics there. We want someone who is unbiased," he told media persons in New Delhi on Thursday
Indian govt is trying hard to get global investors to invest in the country.
'Flush with funds, lending became a cash management exercise.' 'Road projects, power generation plants, airports etc were financed left and right with apparently no regard for the projects' ability to repay,' explains S Muralidharan, former managing director, BNP Paribas.
Business reacted with caution to the reforms of 1991, and demanded protection from multinationals and imports. Twenty-five years later, traces of that demand can still be found, reports Bhupesh Bhandari.
India should plan its strategies on the assumption that the rightward swing will stay and the West will retreat into an economic fortress, says Nitin Desai.
While we have to hiss loudly and do the lunging bit to keep our foes on their toes, that's only a tactical matter. What is the strategic goal? What is the end game? In my opinion, there is only one possible end game: the unwinding of Pakistan into several pieces: Balochistan, Sind, Balawaristan (Gilgit, Baltistan, the rest of PoK), the Pashtun area Khyber Pakhtunwa which will merge with Afghanistan, and the rump Punjab, says Rajeev Srinivasan.
Inter-ministerial programmes have run into obstacles as rules written by bureaucrats hamper rather than promote investments.
As the pandemic unfolded, the India-China relationship has come under severe stress. To restore normalcy, agreements between the two countries must be respected scrupulously in their entirety. Where the Line of Actual Control is concerned, any attempt to unilaterally change the status quo is unacceptable, declares External Affairs Minister Dr Subrahmanyam Jaishankar.
The suspect, a 29-year-old man identified as Saifullo Saipov, of Uzbek descent, was shot in the stomach before being arrested.
Puri Jagannadh also gave his blood sample.
'India in 2020 is a lot better prepared than in 1962.' 'It is no longer a pushover; and anything other than a crushing Chinese military victory will be a major loss of face for China,' observes Rajeev Srinivasan in the first of a three part column.
Within the next 3 months, most brokers will enable you to intelligently invest via mobiles in MFs, FDs, and IPOs.
Prime Minister Narendra Modi and visiting Turkish President Recep Tayyip Erdogan held comprehensive discussions and took stock of full range of bilateral relations, including political and economic.
'China's deep involvement in the stability and economic and political success of Pakistan actually produces some elements of congruence with India's core interest in a stable and productive relationship with Pakistan.' 'It is not far-fetched for us to pursue that congruence and with ingenuity work out with China a formula that also satisfies our formal position on PoK,' argues Ambassador Kishan S Rana.
'At critical moments an inability to take tough decisions resulted in potentially far-reaching solutions slipping out of our grasp.' 'If similar opportunities come Narendra Modi's way will he act differently?' asks Karan Thapar.
The BRICS summit made clear that China's support for Pakistan is unwavering. China will continue to pressure India to ease tensions with Pakistan and resolve the Kashmir dispute.
Prime Minister Narendra Modi's visit is an attempt to move the Indo-Singapore relationship to the 'next level'. Singapore has been one of the top investors in India. India-Singapore bilateral trade has already crossed the $15 billion mark. As per the official records, Singapore has emerged as the second largest source of Foreign Direct Investment in India, says Dr Rahul Mishra.
The two leaders witnessed artistes dancing to the popular Tune Mari Entry Aur Dil Mein Baji Ghanti from the Ranveer Singh starrer Gunday and Radha Teri Chunari and Disco Deewane from the 2012 blockbuster Student of the Year, among others.
Eying a prominent role in the next government at the Centre, the All India Anna Dravida Munnetra Kazhagam on Tuesday promised to extend populist schemes like distribution of free mixies, grinders, fans, milch cows and goats across the country in its Lok Sabha manifesto.
The government needs to take positive action to reaffirm that story.
