Experts will give their inputs for Budget.
The government is scrambling to contain the fiscal deficit at 4.1 per cent of GDP in the fiscal year ending March
Reliance Industries raced to 52-week high on better than estimated earnings and announcement of bonus share.
To mark Prime Minister Modi's seventh meeting with Obama and his historic joint address to US Congress -- the sixth Indian PM to do so -- India Abroad, the newspaper published from New York and owned by rediff.com, reached out to diplomats and strategic thinkers in New Delhi and Washington, DC, to assess the current state of the US-India relationship and suggest a road map for the future.
NITI Aayog spent a considerable time on restructuring the setup.
That is what you will hear again after Nirmala Sitharaman presents a speech that will prove to be meaningless and numbers that will show themselves to be wildly off the mark, observes Aakar Patel.
For the first time the government is organising an event where consolidated efforts would be made to help start-ups.
Modi to push for low transaction cost for remittances at G20
'It is likely the government may opt for an IAS officer.' 'For the government, an IAS officer will be more easy to deal with,' notes A K Bhattacharya.
Acharya emphasised that the time is "really ripe" for land, labour and agricultural reforms in India.
Describing the BJP's election victory as an "astonishing triumph of Narendra Modi", noted economist Jagdish Bhagwati on Monday advised him to retain Raghuram Rajan as RBI Governor and to hold monthly press conferences to articulate the government's agenda.
Tamil Nadu, the best-performing state, managed to do this in 63 days. Land allotment took 156 days nationally and 28 days in Himachal Pradesh. Environmental approval took 91 days nationally and 25 days in Chhattisgarh.
'What the government should do to create jobs is to help revive the MSME sector.' 'This sector gives employment to lakhs of people.' 'The MSME sector provides more employment than the big industries.' 'So, what should be done immediately is to revive the MSME sector.'
The amendment Act provides for the elimination of the exemption as it relates to compensation and resettlement and rehabilitation of families.
Modi will also need to reconcile market demands with those from forces within his own administration
7 million jobs will be created in formal sector in FY18
Country's economic growth at 9% requires exports to rise by around 20%, says NSC chairman Pronab Sen
The Prime Minister's Office has decided to set up a panel, led by former chief statistician T C A Anant, to deliberate on whether the enterprise-level quarterly data, which is released by the labour bureau, should be discontinued.
Bhagwati reminded Modi that the US system was driven by lobby groups and India needed to voice its concern over the anti-outsourcing sentiment in the US
India's primary failings have been in its inability to deliver health and education for all.
India has too many small companies and this is inefficient. It should instead have only a handful of very large players running its economy and these giants can then compete with the world, observes Aakar Patel.
The highest number of jobs were created in the age group of 18-21 at 1.29 million, followed by 22-25 years of age at 1.12 million during these seven months.
'Let us hope that this Budget delivers.' 'It needs 10 per cent plus real GDP growth in 2021-22, the rebound year,' notes Omkar Goswami.
China is keen to get Indian bullet train deals as it would provide a major opening for it to win projects abroad.
Ahead of his government's first full year budget, Prime Minister Narendra Modi on Friday sought ideas from economists to attract investments, create jobs and finance infrastructure to put India back on high growth path.
A government panel examined the records of employees surveyed by Labour Bureau's quarterly enterprises surveys and mapped it with the EPFO's subscribers and found "unexplained variations" between the two.
Modi said that only governments and their initiatives will not make a New India.
Economist Arvind Panagariya is the vice-chairman of NITI Aayog, while economist Bibek Debroy and scientist V K Saraswat are the two full-time members of the Aayog.
On Friday, the nameplate of the erstwhile commission on the railings of the Yojana Bhawan was pulled down and replaced with NITI Aayog.
Does IAS officers' work go unappreciated, asks Ajit Balakrishnan.
The NDA govt launched the Mudra scheme to give unsecured loans of up to Rs 10 lakh to small enterprises with the objective to provide self-employment
Kaushik Basu, whose stint at the World Bank ends on July 31, was being looked at as a serious contender, the sources said
DMRC-like SPV to be floated in a month for the Rs 98,000 crore Mumbai-Ahmedabad corridor.
Economists have said if a stimulus is needed it should be different from what was provided in 2008-09, when the economy faced the ripple effects of a global meltdown following the Lehman Brothers collapse.
In a time of crisis like this, a government needs its people and politics united. A nation of India's size and diversity can't fight a stronger rival with fraying social cohesion, observes Shekhar Gupta.
The economy could return to 8% growth by the end of 2017-2018, says Arvind Panagariya, vice-chairman NITI Aayog.
'They are geopolitical, commercial, educational, cultural and about innovation.' 'Also, they are about a common value system.'
80-85 per cent of about 700 major infrastructure projects within the Centre's domain have been delayed.
'It is for the first time in 70 years that the US has come out totally in India's favour on the Kashmir issue,' says Colonel Anil A Athale (retd).
The US FOMC concludes its two-day meeting today while the Bank of Japan will start its two-day meeting today.