'It's the first-ever US presidential visit which is specially planned for India.' 'The standalone visit itself has achieved something already. Don't underestimate it.' Sheela Bhatt gives us an exclusive glimpse of what the Modi government hopes to achieve from Trump's visit.
After National Spot Exchange Ltd (NSEL) this week suspended trading in forward contracts, the Forward Markets Commission (FMC), the commodities market regulator, on Friday sought to allay fears over the exchange defaulting on open contracts.
Indian economy about to take-off
RBI governor on the stress in public sector bank due to NPAs, and what is needed to be done to get the system back on track.
The 30-share Sensex gained 321 points to end at 26,430 and the 50-share Nifty surged 100 points to end at 7,879.
The bonhomie between Tamil Nadu Chief Minister J Jayalalithaa and Prime Minister Narendra Modi was once again in evidence on Tuesday, but the question remains if it will translate into supporting the BJP in the Rajya Sabha. Senior journalist R Rajagopalan reports.
Remembering Verghese Kurien, a visionary who singlehandedly built world's biggest agricultural development programme.
Rohini Bhajibhakare won't waste a moment on this statistic because she has far more important things to do.
Aditya Puri thinks the government is on track.
Sahara has ploughed at least Rs 1,500 crore from two of its credit cooperatives into the Aamby Valley resort project
The Centre has constituted a five-member expert committee to study various alternatives available to it to decide on a new capital for Andhra Pradesh.
Companies' annual reports can hide as much as they reveal. Investors can get early warning signals of wrongdoing by frequently speaking to other stakeholders.
The 0.5 per cent Krishi Kalyan Cess (KKC) on all services increases the total tax chargeable on services to 15 per cent, making it expensive to dine out or travel.
Softening the demonetisation blow, the Budget for 2017-18 on Wednesday halved the tax to 5 per cent on incomes up to Rs 500,000 but proposed a new surcharge of 10 per cent on incomes between Rs 50 lakh and Rs 1 crore and raised duties on cigarettes and pan masala while stepping up allocations for infrastructure, rural, agriculture and social sectors.
The NGT directed the Delhi govt not to implement the scheme unless it established that it was not counter-productive.
With India poised to become the largest economy in the world by 2030, it cannot afford to leave half of its workforce behind.
The Sebi order is vindication of Sinha's stand, but it has not brought him much relief as his money is still stuck.
'There are many cases where a company hits the wall because of reasons not under their control.' 'If you do not understand and appreciate that and paint all promoters with the same brush then definitely you are inviting trouble.'
Even if they score administratively, state governments ruled by the party suffer from an inability to communicate positively, say observers.
'From chaiwala he has now become Rafalewala. He speaks a bunch of lies,' the West Bengal CM said.
There has been a decent growth in FDI proposals and new announcements in India to attract foreign investment.
NDA government has shunned populism.
Parliament on Thursday cleared the decks for the rollout of the historic Goods and Services Tax from July 1 as it approved four supporting legislations to usher in the one-nation-one-tax regime.
Over to the government how they manage the uncertainty of monsoon and revive spending in order to entice RBI for another round of rate cuts
The forthcoming budget is an excellent opportunity for the Government to fulfill its promise of high economic growth.
The industry players couldn't hide their disappointment.
After helping the government in policymaking since October 2014, Chief Economic Adviser Arvind Subramanian is returning to academics and will be teaching at Harvard Kennedy School on a visiting position. In an interview to Dilasha Seth and Somesh Jha, he says the ease of doing business agenda needs to move forward and India must try to integrate with the global value chains. Edited excerpts.
The Survey projected growth rate of 7-7.75 per cent for 2016-17 with downside risks due to weak global economic scenario.
Finance Minister Arun Jaitley presented the Union Budget.
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The ball is now in the Reserve Bank of India's court to lift up demand, says Ajay S Shriram.
'The previous (Congress) government at least did not veto provisions of the cattle laws.' 'The BJP is actively weakening the provisions.' 'The BJP government tried to export goats from Nagpur for slaughter to the Middle East.' 'The whole country was aghast and offended. We are a country of Ahimsa.' 'The BJP has incentivised the butcher industry so meat export has gone up, live animal export has gone up, leather export is on the rise, smuggling has gone up.'
It is pegged at 6.8-8% by various economists, as compared to 6.7%.
'Success will require political skill, not just economic expertise'
'Karna is the greatest warrior in the Mahabharata -- in fact, Arjuna is a nobody in front of Karna.' 'But Arjuna had a better advisor in Krishna than Karna.' 'Karna failed because he listened to the wrong advice given by Salya.' 'It just shows wrong advisors can land even the mighty in trouble.'
The longer it takes for RBI and the government to stabilise monetary conditions in the economy, the more severe and long lasting will be the damage caused to various sectors of the economy, especially to the informal sector, says Rajeswari Sengupta. Rajeswari Sengupta discusses the impact of this move on money supply, output and prices, in the short- and medium-term.
'Our first great challenge is to create 12 million new jobs each year, to make the demographic dividend an economic dividend.' 'We are nowhere near that,' points out Mohan Guruswamy.
Nitish Kumar and his officials maintain that Bihar has one of the lowest crime rates in India. Bihar police crime data indicates otherwise.
The Alams saw the magical spot while on a drive to the hills. A few years later they set up home and a small hand woven shawl business, hiring local weavers, using local wool and natural colours made of root, stem and flower.
'In a country like ours, people talk about wanting to be like Singapore, but when it comes to paying taxes, they start criticising.' 'The medicine is bitter, but the long term effect is good,' Senthil Natarajan, who runs Kovai Pazamudhir Nilayam, a one of its kind fruit and vegetable chain in Tamil Nadu, tells Rediff.com's Archana Masih.
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