Five per cent growth is disappointing but only after having reached nine per cent. However, it is still not all that bad, says Andrew Michael Spence.
HSBC's purchasing managers' index was released on Tuesday.
The prospect of further falls in remittances is a hindrance for the Reserve Bank of India, as it seeks to bullet-proof the economy against sudden capital outflows
Mergers to create at most six state banks
The wide gap in national income held by the ultra-rich and the poor is striking.
The overall rank has been propped by the third criteria of innovation and sophistication, which have ranks of 59 and 57 respectively.
'Considering that an Internet company's market value is largely determined by its direct access to consumers for digital services, and largely served outside a sovereign country's control, it would appear reasonable in trade terms to discuss fees for a seat at the proverbial 'table' of opportunities in the largest open consumer market,' argues Venki Nishtala.
Globalisation with small government has not been a successful pairing.
Financial globalisation - or ultra globalisation - has done more harm than good to the majority of economies, say Anshuman Gupta & Karunakar Jha.
'If we don't want to be the poorest large economy even in 2030, we need to be doing very much more than is being attempted.'
'You can't take jobs to people, you have to take people to jobs.'
Three years after the prime minister's election promise that his government would create 10 million jobs, the emerging picture is not pretty. Employment HAS TO take on a critical status in the government's agenda, says Shyamal Majumdar.
The NDA government was initially reticent about fleshing out its economic strategy for the future. But now that it has taken enough bold initiatives on the economic front it must have the confidence to tell us more about its approach going forward, says Abheek Barua.
The trio, 'twin shocks' of demonetisation and GST, 'twin balance sheet' problem that has been weakening India's banking system and the 'twin deficit' problem will continue to challenge economic management and performance in the year ahead, says Shankar Acharya.
Devangshu Datta highlights the silver lining for the long-term investor.
Modi is ranked fifth on the 2015 roster of 'World's Greatest Leaders' with Satyarthi coming in at the 28th spot.
US trade deficit rose to its highest level since 2012.
IMF, which has also lowered its global economic growth forecast for 2016 and 2017 by a marginal 0.1 per cent to 3.1 and 3.4 per cent respectively, recommended six 'reform priorities' for India
Investors from across the globe are keen to invest in Gujarat.
Prime Minister Modi chatted with the workers, enquiring about the place and their welfare and jobs.
The study, 'socioeconomic effects of broadband speed: a microeconomic investigation', says in emerging countries like India, setting up a new broadband connection of speed 0.5 Mbps could lead to an increase in household income by $800 a year, which means Rs 50,168, according to the latest currency conversion rate (a dollar was Rs 62.71 as on Friday).
This was the near-unanimous replies of 10 market participants.
Global growth, according to IMF, likely to be lower at 3.3%
The prime minister seems to have turned his face away from the business of introducing serious reform, says T N Ninan.
Between April and September 2014, the central govt released Rs 13,618 cr to states, against Rs 24,676 cr in the same period last year.
Insurance falls from 14 position in 2013; insurance penetration falls to 3.9%.
Rate-sensitive sectors like banks, auto and realty witnessed strong buying demand in trades today
'The creation of Pakistan was integral to Britain's grand strategy.' 'If they were to ever leave India, Britain's military planners had made it clear that they needed to retain a foothold in the NWFP and Baluchistan because that would provide the means to retain control of Iran, Iraq, Kuwait, the UAE, Bahrain and Qatar.'
With cash -- the primary medium of exchange -- all but disappearing, it is now unlikely that the expected fillip to demand on account of a good monsoon and proceeds from the Seventh Pay Commission payout will materialise.
Dr Talat Ahmad, vice chancellor of Jamia Milia Islamia suggests important reforms in the Indian education system.
It further said India is facilitating external commercial borrowings by startups in order to encourage innovation and promote ease of doing business.
This could be a major drag, not just on the empowerment of women but on the India growth story as well.
There may be some losers as well as winners. And those who lose their jobs to the new technology will soon find other employment, says Martin Feldstein.
Japan's Nikkei fell 0.5% and South Korea's Kospi lost 1.3%.
US economic growth slowed sharply in the fourth quarter.
The majority in the markets believe that a September lift-off is likely.
Contract workers are paid much less than regular workers. This year's Economic Survey estimates wages are on an average 20 times higher in the formal sector than in the informal sector. Arindam Majumder reports.
Asian emerging market stock prices did see a bounce post Fed-talk.
'We forecast real GDP growth to moderate to 6.7 per cent in the year ending March 2018.' 'However, as disruption fades, we expect to see a rebound in real GDP growth to 7.5 per cent in the next fiscal year.'
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