The Chinese had enough foreign reserves.
Over 75 per cent of India's daily coal output has been hit as the five-day strike by workers of state-run miners entered the second day on Wednesday, raising fears of disruption in power supplies.
The pipeline for well-qualified and experienced policy economists at senior levels of government has broken, leading to a growing dearth of suitable candidates for top economist positions.
India has a long way to go to catch up with Thailand let alone the US.
A curious fox cub, an inquisitive orca all play starring roles in images from the finalists of Wildlife Photographer of the Year's fifty-second competition.
For a long time, the Indian economy has been drifting without a credible monetary anchor.
A reformed Planning Commission should reflect the diversity of Indian debate.
Middle class constituted about 49 per cent of the total tax payees in financial year 2011-12
The 47-year-old scion of the Nehru-Gandhi family will face the daunting task of restoring lost glory to the party whose fortunes have been dwindling in the recent past.
According to market experts, GST Bill, movement of the rupee and uncertain global cues amid expected rate cut by the US Fed will dictate the movement of the markets.
'Poor home work, and a subsequent loss of nerve.' 'This sums up the Modi government's current travails, the stall in key sectors, fading momentum, irritability,' points out Shekhar Gupta.
Rahul Gandhi succeeds Sonia Gandhi, who led the party for the last 19 years.
Government looking at cushioning slowdown due to demonetisation with sops and higher outlay for micro, small and medium enterprises, agriculture, and affordable housing.
The list of exempted goods from central excise duty has shrunk from 400 items in 2011-12 to 300 now.
The good news is that within the first 14 months, orders for manufacturing and commissioning of the entire 88,537 Mw capacity for the 12th Plan have been placed, according to the Central Electricity Authority, the country's apex power planning body.
The RBI Governor brought down retail inflation to 3.8% in July.
There was a sharp fall in power output on Thursday from a plant in Gujarat that left India more than 9,000 megawatts short of peak demand, according to two officials at the state grid operator.
Budget has several small steps which will boost growth
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 rupee and equity turmoil seem over, with interest shifting to key personnel changes and 2014 polls.
The sabre-rattling between parties on rival sides of the political divide over demonetisation showed no signs of softening on Saturday with the government accusing Congress of engaging in "fear mongering" and the latter hitting back calling the exercise a "not well thought out move" whose after-effects will last long.
India has just had one of the worst quarters in export earnings.
A moderate GST rate obviates the need for the two-rate structure.
The second fortnight of September saw Rs 3 lakh crore of time deposits, something unique, followed by liquidation of Rs 1.2 lakh crpre of these right after.
The Central Electricity Regulatory Commission (CERC) has said the first 660-Mw unit of Reliance Power's 3,960-Mw Sasan ultra mega power project (UMPP) could not achieve its "full load" in March 2013 and rejected the company's plea to appoint an independent technical committee to look into the readiness of that unit.
Finance Minister Arun Jaitley witll spearhead the campaign with BJP President Amit Shah as its chief strategist.
From Kudankulam to the Land Bill, the author takes the Twitter route to capture the infra action of 2013.
As Prime Minister Narendra Modi is set to deliver his third Independence Day speech on August 15, he is inviting ideas from citizens on issues he should speak on
Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy