The yatra from Bhagwati Nagar base camp was suspended on Wednesday, for the second time within a week. Although officials said the pilgrims were stopped at Jammu due to heavy rush at the base camps in Kashmir, sources said the prevailing law-and-order situation in the wake of violent protests across Kashmir Valley prompted authorities to stop the pilgrims as a precautionary measure.
Reforms have to accentuate if we have to reach a double-digit growth rate. That's the only way to be able to spend more on social issues like health and education, says Jagdish Bhagwati.
'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.
'As for tricky relations with China, India needs less of summitry type event management and more anticipatory analysis and management of events,' says Ambassador Jaimini Bhagwati.
He also asserted that the freedom of press has to be preserved at any cost in a democracy but media should remember that freedom comes with responsibility.
What will it take the next government to revive growth? Arvind Panagariya, Jagdish Bhagwati Professor of Indian Political Economy at Columbia University, and one of the world's leading economists, offers a checklist.
While international service standards require passage through the tollgate in about five seconds per vehicle, the actual time taken in India is usually a large multiple of that.
Despite what partisan fund managers are projecting, the rise in the Indian equity market has to be evaluated carefully.
In a communication to the empowered committee on PLI recently, the Indian Cellular & Electronics Association (ICEA) has stated that except one player (Samsung), all the other eight players (which include vendors of Apple Inc) selected under the scheme were facing numerous challenges in fulfilling the qualification criteria.
This article reviews what happened at NSEL, according to information available in the public domain, and reiterates what could be done to reduce the risk of similar scams.
Regrettably, another voluntary disclosure scheme may be needed to strengthen India's foreign exchange reserves.
As the rupee falls to new lows, the author reviews India's external sector risk indicators.
Economist Arvind Panagariya tells Suman Guha Mozumder that the rupee is doing a much-needed clean-up job, raising exports and cutting imports. And it must be allowed to do so.
Amartya Sen and Jagadish Bhagwati publicly sparred last year on the direction of India's economic policy.
As concerned Indians we need to ask what can be done in the short term, which does not require legislative approval to enhance investment.
Interview with Arvind Panagariya, Jagdish Bhagwati Professor of Indian Political Economy at Columbia University.
An Indian-American woman, who faced sexual abuse while serving as a marine, has appealed to the lawmakers to open civil courts for military civilians for ensuring justice to them in cases of sexual harassment in the Army.
BSE-200 companies's list shows that 96 companies had woman directors.
Despite the presence of renowned economists and entrepreneurs, it was Kiran Bedi, a retired police officer-turned activist, who stole the show at the Eighth Annual Indian Business Conference at the Columbia University last week. Suman Mozumder reports
Police appointed an inspector general to probe into an unverified letter that surfaced on social media, purportedly written weeks before his death by Deputy Superintendent of Police Devendra Mishra. It had alleged links between the Chaubeypur station officer and the gangster.
He was most recently credited as one of the brains behind labour law reforms in Rajasthan
Jagdish Bhagwati, University Professor, Economics and Law, Columbia University, delivered the Third Hiren Mukerjee Memorial Annual Parliamentary Lecture in the Central Hall of Parliament House on December 2, 2010. Here are the edited excerpts of his excellent analysis of how the economic reforms have benefited India:
A high-level expert group will provide recommendations on boosting global business through trade liberalisation.
Stability and efficiently meeting equity should be the objectives of the forthcoming Budget.
Social entrepreneur Dr Bhagwati P Agrawal, founder and executive director of the nonprofit Sustainable Innovations, has received the $ 100,000 Lemelson-Massachusetts Institute of Technology Award for Sustainability.
If net forex outflows turn out to be relatively high in the next few years, the rupee could depreciate beyond Rs 80 to a dollar by 2022. The causal reasons could, for example, include unmet expectations of FPI and FDI investors about the performance of the Indian economy, sharp rise in prices of imported oil and decrease in FX remittances. The RBI has to ask itself whether guaranteeing future rupee-dollar exchange rates on FX forward contracts is a reasonable way to use its risk-bearing capacity, says Jaimini Bhagwati.
The drastic move on Tuesday night followed soon after police announced the transfer of a DIG, who till recently was the senior superintendent of police in Kanpur.
If India can fast utilise currency flows for long-term projects, the regulatory regime could be more liberal.
Jaimini Bhagwati assesses the key points in RBI's discussion paper on new bank licences.
A division bench of Chief Justice Arun Mishra and Justice Mahesh Bhagwati held that Gujjars cannot be given special reservation and an act of 2008 has no substratum of quantifiable data that could justify the reservation.
Noted economist Arvind Panagariya says India is an emerging power. With liberalisation, Indian entrepreneurs have emerged and they are top class.
Prime Minister Manmohan Singh said on Thursday that India has overcome the problem of 'brain drain' and is drawing on the global 'brain bank' of people of Indian origin.
Dr Bhagwati P Agrawal is using new science, engineering and entrepreneurship to build self-sustainable social enterprises.
The demographics favour India, as it is a relatively young country with more working people than anywhere else
A woman on Tuesday allegedly jumped to death from the 19th floor of a residential building along with her two children at suburban Malad in Mumbai. Nidhi Pawan Gupta, a chartered accountant, left a suicide note in which she said that nobody was responsible for the extreme step, said the police. The bodies of Gupta, 30, her son Gaurav, 6, and daughter Mahika, 3, were taken to nearby civic run Bhagwati hospital for post mortem, police said.
'Mr Modi has a huge opportunity before him.' 'Whether he grabs it the way Mrs Gandhi did in 1969 or squanders it as he did in 2014 will determine his economic legacy,' notes T C A Srinivasa-Raghavan.
The global success of people of Indian origin gave hope and showed the way to a new India.
Will India really beat China in future or if not beat, can it at least catch up with it? We asked common people to speak on the issue and came across some interesting viewpoints.
Of these, 64,993 pilgrims paid obeisance at the cave shrine till Tuesday evening, while over 1,500 had darshan on Wednesday morning.
In the wake of the sharp downturn in the valuations of mortgage-backed securities last year, financial firms justified their investment in these non-transparent instruments on the triple ratings accorded to them.
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