IMF policymakers have said they will come up with ideas on how to push ahead with reform by mid-December.
Indian companies typically have higher return on equity.
The report documents allegations of reprisals and intimidation in 38 countries, some of which are members of the Human Rights Council.
The accountancy giant said the rapid rise of the Indian economy with its young workforce would push it up from being the 10th largest economy in 2013 to the third largest by 2030.
In his book, former governor Subbarao says Chidambaram, Pranab were piqued by his tight rate policy.
Chidambaram has been magnanimous in endorsing my book, says the former RBI Governor D Subbarao.
The Underwater Photography Guide has announced the winners of their 8th annual Ocean Art Underwater Photography Competition: a selection that runs the gamut between beautiful, eye popping and, in the case of the Conservation category winner, tragic and unnerving. This year's contest attracted "thousands" of entries from 78 countries across the world.
The upcoming Budget gives Finance Minister Arun Jaitley a chance to let states boost spending.
A strong currency helps in fighting some of the import-led inflation.
Initially, hair care products such as Vatika hair oil and shampoos, Meswak toothpaste, Chyawanprash and honey would be made available.
It further said India is facilitating external commercial borrowings by startups in order to encourage innovation and promote ease of doing business.
There is an "infinitely" greater chance of the cash-rich Islamic State smuggling its first nuclear weapon from Pakistan to attack the United States within a year, according to the latest edition of the dreaded group's propaganda magazine.
Xi and Modi met soon after their arrival at a summit of the BRICS group of emerging powers. Xi said the two countries should join hands in setting global rules and suggested he attend the November meeting of the 21-nation APEC in Beijing, as well as take part in Chinese-led regional initiatives.
India has undertaken a number of structural reforms.
In the near term, the key driver will still be the government's fiscal spending.
Describing it as a "game changer", Modi said the scheme was a step towards serving the poor people of the country and it would come into effect from Sunday.
A round-up of our favourite photographs from the week gone by.
The famous Shri Saibaba Sansthan Trust has witnessed a steady rise in its fortunes in the form of donations from devotees over the last few years, a senior official of the organisation said on Friday.
According to the Credit Suisse Global Wealth report, India has 1,800 ultra high net worth individuals -- 11th largest group globally, while the United States tops the chart with 62,800 UHNW adults (equivalent to 49 per cent of the global total).
Without factoring in the rupee-dollar exchange rate, the index has been touching new all-time highs repeatedly.
Accommodative monetary policy has driven a bull market in stocks in recent years, but the Bank of England is expected to raise interest rates early next year and the U.S. Federal Reserve not long after, tempering future gains.
The processes that create a seven per cent-plus GDP growth rate without a similar growth in jobs are far from fully understood, says Ajit Balakrishnan.
National Geographic has announced the winners of its prestigious Travel Photographer of the Year photo contest for 2017. And the images are just breathtaking.
E-commerce in India could grow to $137 billion by 2020 from $11 billion in 2013, says Morgan Stanley, and firms like Amazon, local market leader Flipkart and rival Snapdeal, backed by Japan's SoftBank, are fighting for a bigger share.
Here are some of the most stunning moments of the week that was.
The short-term risk to our external balances stems from the yellow metal.
Those scheduled to attend the five-day WEF Annual meeting, beginning January 21, include more than 40 heads of state or government, including those from the UK, Australia, Japan, Iran, Israel, Pakistan, Brazil, Italy, Mauritius, Republic of Korea and Switzerland, WEF announced on Wednesday at a press conference in Geneva.
'For him to live the life that he is living and still keep up with such a performance, full credit to him'
They believe that long-term story is intact.
'Demonetisation, is in principal, a mistake, because it involves a theft -- a taking of private property by the State.' 'It is one of those bad Indian ideas that has been tried twice in the past, with two failures for the record books.' 'This cloud over the economy will probably remain as long as Modi is in power.'
'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.'
So keen is Moscow that India buy its helicopter -- Kamov-226T -- that President Vladimir Putin personally took up the issue with PM Narendra Modi during their summit meeting last year
Further outperformance hinges on pickup in industrial activity, buying by local investors.
India was ranked 12th among the large economies in 2008, and moved up to 10th by 2013, overtaking Canada and Spain.
Terming Barack Obama as an "incompetent president", 70-year old Trump claimed that the US president did not know what he was doing.
'Unless we start making the products we need, we cannot become a developed country or call ourselves an economic power.'
Republican presidential frontrunner Donald Trump on Friday came under scathing attack from rivals Ted Cruz and Marco Rubio who blasted the real estate mogul on his immigration stand and for hiring foreigners in his business projects, as the debate turned shriller ahead of the crucial "Super Tuesday".
Prime Minister Modi will meet President Obama at the White House on September 29 and 30, US officials said.
Mumbai and Bengaluru also featured among the list of top five global cites in terms of future rental growth.
Bumper liquidity as a result of global central bank stimulus measures should prevent a sharper downturn.
