The Business Confidence Index formulated by NCAER stood at a seven-year low of 91.4 points in January 2009, plummeting 41 per cent compared to a year ago period. On a quarterly basis, the index lost 24 per cent compared to October 2008. 'This (BCI) is the lowest since January 2002,' the NCAER said in its quarterly review of the business expectations survey. It said the slowdown in the markets appears to be a leading factor in influencing the fall in business expectations.
Raking up the Ayodhya issue ahead of the Lok Sabha elections, Bharatiya Janata Party chief Rajnath Singh on Saturday declared that nobody could shake the party's faith in Lord Ram, for whom a magnificent temple will be built at Ayodhya. "Jahan tak Ram Janambhoomi ka sawal hai, koi ma ka lal Bhagwan Ram me hamari aastha aur nishta ko diga nahi sakta (No one can shake BJP's faith and reverence to Lord Ram)," he said in his inaugural speech at the two-day National Council meet.
There is a need to set up independent regulatory authorities on energy, transport and urban infrastructure at the state level to ensure smooth implementation of infrastructure projects, especially those which are taken up on the PPP (public private partnership) model, said Vinayak Chatterjee, co-chairman of the CII National Council on Infrastructure and chairman of Feedback Ventures Limited.
Foreign investments in India almost tripled in FY' 08 than the capital it received during the same period in last fiscal, the National Council of Applied Economic Research said. The country maintained the trend of attracting funds that also boosted its forex reserves, it added.
The government on Wednesday constituted the 13 Finance Commission, which would look into sharing of taxes between Union and the States, under the chairmanship of former finance secretary Vijay Kelkar.
National Council for Promotion of Urdu Language's one year diploma in Computer Applications and Multilingual DTP.
India Inc's India's Business Confidence Index has gone up by 5.4%.
The truckers' strike, which entered the second day, can push inflation by 50 basis points on account of shortage of perishable goods and panic buying by traders, said economic think tank National Council for Applied Economic Research (NCAER).
Nilekani is the president of NCAER's governing body, while Rohini Nilekani is the Founder-Chairperson of Arghyam, a foundation that supports initiatives around the country for safe and sustainable water and sanitation.
Fearing non-implementation of the Sachar Committee report by the Centre as it lacks legal standing, the Left has demanded for constitutional recognition of the findings soon after its ratification by Parliament.
Economic think-tank NCAER on Thursday revised downwards economic growth projection to 7.8 per cent from its earlier estimate of 9 per cent for the current fiscal and said global slowdown and rise in inflation will have an adverse impact on the growth of Indian economy.
Despite a stagnant global trend, India's share in global service exports is set to more than double from 2.7 to 6 per cent by 2012, an economic think-tank has said.
The CII perception of Indian economy is strong as incremental capital-output ratio at 4-fares is better than China and Brazil, the ICICI chief said.
Taking strong exception to Central Board of Secondary Education's Sanskrit Week celebrations in schools under its ambit next month, Tamil Nadu Chief Minister J Jayalalithaa on Saturday said it would be appropriate to have organised a 'Classical Language Week' in each state based on its linguistic heritage.
Bush nominated Mumbai-born Jamshed Kersasp Choksy to the Council, which is part of the National Endowment for the Humanities. The nominations of Choksy and other members to the 26-member body await Senate confirmation. 'It is an honor to have been nominated by the President,' Professor Choksy said. 'If confirmed by the Senate, I look forward to serving this great nation and ensuring the vibrancy of the humanities in our society.'
Shourie said the BJP opposed the deal because it went against Indian interests and, if signed, it would allow intense inspection of nuclear sites in the country. He said the US could take back nuclear fuel and equipments supplied if India conducted a nuclear test. India would also have to report to the US President all the details regarding nuclear installations, he added.
Advani said that his party had converted the unipolar polity of India into bi-polar politics and the BJP will be able to overcome the anti-incumbency factor in Rajasthan, Madhya Pradesh and Chhatisgarh. "The anti-incumbency factor is usually against a Member of Parliament or a Member of Legislative Assembly," said Advani.
"All this flurry of activity is only aimed at trying to install Advani before people in the BJP and the NDA allies start changing their mind," All India Congress Committee spokesman Abhishek Singhvi told media persons.
But minutes after the amendment was adopted, senior male leaders were heard making scathing comments on the so-called progressive step of the party.
A nation-wide housing price index may be a reality soon. The National Housing Bank, in collaboration with the National Council of Applied Economic Research, is close to finalising the methodology to be adopted for the index, named NHB Residex.
The ministry has gone through the entire syllabus and reached a conclusion that there are some words that are not in use by the regular Urdu speakers.
Choksy's research examines the development of sectarian communities in Central Asia, the Near East, and South Asia -- where he has traveled extensively -- through interdisciplinary approaches involving anthropology, archeology, history, languages, linguistics, literatures, numismatics and religious studies.
The Bharatiya Janata Party will now hold its national convention in New Delhi. Earlier, it was scheduled to be held in Bangalore. A formal announcement is expected later.
The increase by more than three per cent is largely due to jump in the rate of inflation in the case of WPI for fuel, power, light and lubricants
ICICI bank CEO and CII president K V Kamath told the media on the eve of the two-day national council in Hyderabad that 'skilling' was the key area and big challenge for the country.
The election of the octogenarian Communist veteran to the post came on the concluding day of the four-day 20th National Congress in Hyderabad. S Sudhakar Reddy, member of Parliament from Nalgonda in Andhra Pradesh, was elected the deputy general secretary of the party, a post that has been revived after a gap of nine years.
Nationalist Socialist Council of Nagaland-K leader S S Khaplang, whose outfit carried out the June 4 attack on the Army in Manipur, is believed to be ill and convalescing in a Yangon hospital.
Leading think-tank National Council for Applied Economic Research has underlined the need for encouraging manufacturing sector to generate more jobs especially for the unskilled workforce.
Though CPI has called for review of support to the UPA, the CPI(M) has said withdrawal of Left support at this juncture would mean bringing down the government, which would be 'counter-productive' and only help the BJP.
Although the services sector is a huge success, the biggest challenge for the Indian government is to build public support for the sector.
The meetings would follow the CPM's politburo and central committee, which are meeting in Kolkata this month end to take stock of the political situation.
Managing director of Ashok Leyland R Seshasayee was elected CII president while Sunil Bharti Mittal of Bharti Telecom became the vice president on Wednesday.
"It's a historic day for the party. The national executive today endorsed 33 per cent reservation for women in all bodies of the party. It will now be ratified by the national council," senior party leader Sushma Swaraj told reporters.
Supporting West Bengal Chief Minister, Buddhadeb Bhattacharjee's stand, Mittal said, "Let us see for the next 7-10 years what Indian companies deliver and then we can take a call."
'The BJP was looking at one or two disgruntled guys to see whether it can destabilise the government.' 'When the BJP does not win a state, it uses these back hand methods.'
'It's a dream, but will I give it up? No bloody way,' Umesh Pandey, the former Bangkok Post editor turned Opposition candidate, tells Rahul Jacob.
Zee Interactive Learning Systems, a wholly owned subsidiary of Zee Telefilms, has firmed up its plans to provide 'smart' schooling in Kolkata.
The economic think-tank in its earlier projection had suggested that the Indian economy was likely to grow at 5.7 per cent in 2014-15.
The National Council of Applied Economic Research, which had forecast the country's economy to grow by 8.5 per cent in 2007-08, has raised projection to 8.9 per cent on improved performance of agriculture and services sectors.In case of industry, although the investment climate continues to be strong, the slower growth of exports may be a dampening factor, but retained the growth in industrial sector unchanged at 9%.
The UK Hindu organizations are urging the European parliament to adopt the report in its entirety, without making any of the 400 and off amendments sought by the Pakistan government.
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