The short-term risk to our external balances stems from the yellow metal.
Infra sector is neglected by the Modi govt.
India needs $800 billion (Rs 50 lakh crore) annually if the economy is to grow at 7 per cent, Financial Services Secretary Hasmukh Adia said.
Besides the manufacturing industry, voices in favouring the need for protectionism have also been heard from local start-ups, which at times find it tough to compete with global players that entered India with deep pockets.
'India needs to adopt a more proactive policy of triggering exports to China.'
'Experts are not ruling out further pain as global factors cannot insulate India from the aftermath.'
A summary of sports events and sports persons, who made news on Monday
China's economy is in transition, with rising wage costs and massive overcapacity.
S&P BSE Midcap index and S&P BSE Smallcap were down 2% and 1.3% respectively
PM Modi's China visit may strengthen ties between both the countries.
'Happily,' says Ambassador B S Prakash, 'BRICS displayed new-found energy and built something real, a bank. Between needless nihilism and as yet unjustified euphoria, there are many stations for the BRICS train and we can watch its progress with renewed interest.'
The resilience of many emerging markets, notably China and India, in the aftermath of the Lehman shock further strengthened this sense of manifest destiny.
If a feasible business model is worked out for cable operators, they will not only build the last-mile networks, but also market them among the local population telling people the benefits as well as how to utilise them
While the PM sees zero tax on long-term capital gains and dividend income as unfair since the beneficiaries are not poor, he is silent on the fact that rich farmers too don't pay taxes, since farm income is tax-free, a loophole exploited by many netas and babus, says Debashis Basu.
The initiative is one of the several steps which the government has announced in order to improve ease of doing business in India and attract investments to boost manufacturing in the country
'As the interest rates rise, people are going to say why should I be taking big risks when I can get 4 to 5 per cent in a bank account.' 'So, I think you have to change your thinking.' 'You need to look at the balance sheet, look at dividends.' 'These issues that have been ignored.'
'Even if such a thing happens, it will not prolong for many days like Doklam did.' 'That is because both the leaders do not want it.'
After touching a fresh all-time low against the US dollar on Thursday, the rupee jumped 27 paise to end at 68.46.
Sanjay Mathur, managing director and head of economics research for Asia Pacific (ex-Japan), Royal Bank of Scotland, tells Business Standard that in the emerging market pack, India needs to learn lessons from Korea and Taiwan, which have managed their economic situations well.
'We appreciate his positive evaluation of the relationship and share his optimism about its future directions.' 'We look forward to welcoming him in India next week for detailed discussions on further strengthening of our partnership,' the MEA said on Friday.
'It's hard to call whether the Indian markets will go through a time or price correction.' 'There could be a swift 5 to 10 per cent fall in the market in the next two months or there could be a gradual fall and six months sideway movement.' 'Eventually, I think there will be a bit of both.'
'I can snap my fingers and get 1,000 people overnight, but I can't guarantee that they will develop because there has been zero change in education in the country in the last nine years.'
Before considering reducing the freedom of private investors in the derivatives market, we need to check if the maladies in markets elsewhere exist in India, says Susan Thomas.
Asian Cup in Australia offers Qatar a rare chance to generate some positive headlines.
These sectors have underperformed the wider market over the past year and are seen having far more upside potential if the economy picks up thanks to Modi's reformist agenda.
RBI is unlikely to stem the slide against the dollar as the greenback is rising rapidly against all currencies in the world.
'We have great demographics, and are the fastest growing large economy. And we save.' 'All of which is great for financial services,' Aditya Birla Capital CEO Ajay Srinivasan tells Niraj Bhatt.
'China's development is on a different scale from India's. They are very far ahead.' 'I don't think it will be possible in the next 30 years for us to catch them,' says Aakar Patel.
Until Delhi and Beijing resolve outstanding border issues within an accelerated time frame, standoffs like Doklam will be repeated across various peaks along the Himalayas, says Mathew Maavak.
We have brought about a slew of reforms that would help improve governance and also facilitate industrial growth, Rajasthan Chief Minister Vasundhara Raje tells Sahil Makkar.
China's economy is worse than it really is, but then these are emblematic of the baffling self-congratulatory mood that exists in India today.
A summary of sports events and persons who made news on Wednesday.
'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.'
The majority of global equity trading and a significant proportion of trading in bonds, currencies, commodities and derivatives, is done on electronic platforms
Investor sentiment got a boost following remarks from the Russian President Putin that allayed fears of an imminent military conflict in Ukraine
'Working with Papa was the toughest,' confesses Varun Dhawan.
"We ran a clean bid. I know that others did not, and I have shared what I know with the authorities," the Football Federation Australia (FFA) chairman wrote.
This is a part of the company's plan to raise $13 billion debt to fund expansion of its petrochemical production capacity and gasification project for its refining facilities to improve margins.
'Earnings revival could be two quarters away.'
A Collection of Services Trade Statistics Act is being thought of.
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