We have a government with an extremely weak economic team advising a PM who hardly pays attention to their thoughts, says Jayanta Roy.
'The present government swears by Hinduism. But we lost three of our sants during earlier BJP regimes.'
The average wealth expectancy of those in India with enough disposable income to save and invest is just Rs 3.6 crore and this would give them Rs 93,000 per month to live during retiremen. On an average, this would give the affluent class Rs 93,000 to live on per month during retirement, which is less than both their current income and wealth aspirations.
Start-ups in India with high valuations are witnessing a fund crunch and drop in valuations as investors tighten their belts and look at businesses that are sound.
Hopes for India's long-term growth have never been lower, but the likelihood of that growth has never been higher.
Vodafone m-pesa was one of the 11 firms that was given payments bank licence by the Reserve Bank of India in 2015.
Terming Gujarat as "global gateway to India" Chief Minister Narendra Modi on Friday asked captains of industry to utilise the Vibrant Gujarat Summit as a platform to send a "positive" message to the world to stay away from "exploitative" economic models.
Dr John Lee, author of Will China Fail, discusses the reasons for the country's failure and predicts that India and China are headed for a stormy relationship going ahead as they compete for mineral assets and influence in Asia and Africa.
Sourav Ganguly-led BCCI's demand is for a tournament involving the 'Big Three' of India, Australia and England plus another country to be slotted into an already bursting schedule, putting it on course for a clash with the ICC, which has enjoyed a period of calm in recent years at its Dubai headquarters. India's 'Super Series' proposal is a concern to many in the game, including the executive chairman of the Federation of International Cricketers' Associations (FICA), Tony Irish.
'The Gujarat model was never an economic model; it was essentially a governance model.'
'Mr Modi identified what would help him win votes and got it done, like 24x7 power in three phases, better roads, more water, etc.'
'Good economic governance at state level is quite different from good governance at national level,' points out T C A Srinivasa-Raghavan.
'The government will have to provide something for migrant workers or 'Farmers will still survive because they will eat what they produce.' 'What will the rest of the people do? What will happen to them?'omething else like that or else you will see some huge uprising or unrest.'
Pessimism largely emanates from the fact that the volume outlook for FY20 isn't encouraging at the moment.
Uber has received support from 118,000 riders to its online petition against some of the rules.
America cannot be the only engine of global economic growth, US President Barack Obama said and added that world countries need to develop another model of growth in which their economy do not rely on export to the US.
The Economic Survey seems convinced that 2019-2020 saw the bottom of the economic cycle, points out Abheek Barua, chief economist, HDFC Bank.
A financial disaster could engulf Spanish professional football unless action is taken to prevent profligate clubs slipping deeper into debt, according to the president of top-flight club Osasuna. Clubs that lack the vast earning power of Real Madrid and Barcelona have been living beyond their means for too long and the economic model they use is badly flawed, president Francisco Izco said.
'Being one of the 150 million upper middle class consumers, I can vouch that the average expenses on white goods or clothing are minimal. Indians are not consumerist by nature,' says Colonel Anil A Athale (retd).
Their assigned two-year mission is to develop a viable economic sustainability strategy to ensure that today's data will be available for further use, analysis and study.
Infosys chief Vishal Sikka also said that demonetisation has shown to the world that Indians are ready to adopt new technology disruptions.
'Why does Mr Modi only attack Nehru from the Dynasty?' 'At one level, it is pure politics,' notes Shekhar Gupta.
Sebi chairman M Damodaran on Thursday suggested reduction of regional stock exchanges in the country.
'From the time India liberalised in the 1990s, the government has policies are for facilitating the growth of the manufacturing sector.' 'The policies were put in the hope that growth of the manufacturing sector will lead to increased employment,' points out Chidambaran G Iyer, Senior Fellow, Pahle India Foundation.
Can the newly-minted Jal Shakti ministry bring water to some 19 crore Indian households that have never had taps or heard the sound of flowing water, wonders Vinayak Chatterjee.
Saying that the country was passing through a deep economic crisis for the first time since Independence, BJP president Rajnath Singh on Monday said that the country needed a 'realistic' prime minister and not an economist like Manmohan Singh.
'The Modi government is about privatising profits and nationalising losses.'
The terrorists opened fire on the army camp at Langate in Kupwara district at around 5 am, which was retaliated by the jawans, a senior army officer said.
Endorsing Nobel laureate Amartya Sen's views against Narendra Modi, the Janata Dal - United on Tuesday said the Bharatiya Janata Party leader was not fit to be the prime minister and his arrival on the national stage has resulted in focus shifting from burning issues to non-issues.
While Bibek Debroy echoed his view in Twitter, Pronob Sen questioned Kumar's conclusion
Janata Dal-United president Sharad Yadav on Tuesday welcomed Nobel laureate Amartya Sen's comment that he does not want Narendra Modi to be the country's prime minister and said he agreed with the renowned economist's views.
The Left has ideologically become irrelevant globally, says the finance minister.
The president also said that the press would be failing in its duty if it does not pose questions to the powers.
Member of Parliament Rajeev Chandrasekhar feels that the economy today is bankrupt due to big spending towards social welfare programmes such as NREGA.
The summit at Sentosa -- the first between the two countries -- is a turnaround of relations between the US president, 71, and the North Korean leader, 34, after a long-running exchange of threats and insults.
Bahujan Samaj Party chief Mayawati on Thursday launched a frontal attack on Bharatiya Janata Party's PM candidate Narendra Modi saying the country will be "ruined" due to spike in communal riots if he is voted to power.
'If India maintains the Constitutional set-up that its founders envisaged -- which is that it is a parliamentary democracy, with a broadly speaking market economy, in which all people are equal as everyone votes, in which the rights of minorities are respected -- that will be a great thing.' 'Not just for India. But for humanity.'
'They feel if they join a union, it will have a negative impact on their appraisals.'
India and China ties are likely to enter into a "new age of cooperation" especially in trade in view of Prime Minister Narendra Modi's knowledge of Chinese investment promotion and his plans for economic reforms, according to an official think-tank in Beijing.
Saudi Arabia relies more heavily on migrant labour than any other large country.
American senator Marco Rubio has dropped out of the presidential race after suffering a humiliating defeat at the hands of Republican front runner Donald Trump in his home state of Florida.