When it comes to climate, change and promise may only be in the eyes of the beholder.
China is the second largest spender on defence after the US. T
She would be the first Indian to be occupying the coveted post at IMF after former RBI governor Raghuram Rajan
Economist Deepak Nayyar says economic openness, while necessary, is not sufficient, and is conducive to development only when combined with industrial policy.
Goldman Sachs expects most of the infrastructure investment to be funded by India's domestic savings.
The media is celebrating Norman Borlaug as a great hunger-fighter, whose intervention with the 'Green Revolution' is supposed to have eradicated hunger in India. Obviously, the real starvation is of the mind, says Sadanand Menon.
Switzerland has been named the happiest country in the world.
India can emerge as the worlds second largest economy in the year 2039, bigger than the US, if its GDP continues to grow at the rate of eight-nine per cent, says a senior economist.
Falling incomes and longer winter to translate into lower demand for at least some months.
Though the NITI Aayog did not give its estimates for the required GDP growth at constant prices, economists pegged it at 9 per cent, a feat not seen since the GDP series was revised with 2011-12 as the base year.
The Punjab government blames the slow growth on tax concessions in neighboring Himachal Pradesh and Haryana's proximity to Delhi.
From output surge to lack of cold storage, not much attention has been given to the potato farmers. The export market, too, is bleak, due to unsuitable domestic varieties and an underdeveloped food processing value chain.
Seeks removal of customs duty on soda ash, retain excise duty at current levels and stricter enforcement of ban on use of old bottles in select sectors like pharma, etc.
KVA is a measure of demand load while KWH is a measure of usage. India's per-capita consumption is 750 KWH or 750 units, while the world average is 1,000 KWH per annum. A 40W tube can consume one KWH power in 250 hours. Power for illuminating the bridge would be supplied by Brihanmumbai Electric Supply and Transport and Reliance Power.
James Laurence Balsillie, founder and co-chief executive officer of Research in Motion, feels that in the next 20 years, India will reach the developed nation status with $20,000 per capita income in terms of purchasing power parity.
"We will continue to grow in emerging markets and focus even more in winning consumers in India and China," Robert McDonald, who takes over as P&G's new President and CEO from July 1, said. "If, over time, we increase the per capita consumption in both India and China to the level we see currently in markets like Mexico it would generate an incremental $40 billion in annual sales," he said.
Global FMCG major Procter & Gamble is bullish on winning consumers in emerging markets of India and China as it eyes increased sales in the two strong economies, its new chief said on Thursday.
It is necessary to have a dramatic increase in the number of rapid tests for COVID-19 conducted on a large number of people and that should become the basis for estimating the morbidity and mortality due to COVID-19, not relying only on hospital reports, says Professor K Srinivasan.
'If global growth continues to be sluggish, India instead could potentially take a bigger piece of a shrinking pie,' says Prachi Mishra, managing director, Global Macro Research, and India chief economist, Goldman Sachs.
The demonetisation seems to have impacted the GVA in the third as well as fourth quarter of 2016-17 which slipped to 6.7 per cent and 5.6 per cent respectively, from 7.3 per cent and 8.7 per cent.
Detonating bombs and exploding grenades are Manipur militants' latest tactics of late to remain in headlines as well as to cover up for their 'dwindling prowess' to take on the security forces, according to a top security official.
India's GDP at $4-trn by 2025 may provide a springboard to discretionary spend.
'Now is the time for India to course correct and for the government also to course correct,' says businessman Mangesh Khatri.
Nobel Laureate Wangari Mathai was on Monday awarded the Indira Gandhi Prize for Peace, Disarmament and Development at a function at Rashtrapati Bhavan where a call was made to the developed world to join hands in adopting eco-friendly practices and tackle climate change and greenhouse gas emissions.
'If India can only grow at 5%, why bother spending time on the country?' asks Akash Prakash.
The Coummunist Party of Nepal - Maoist unveiled its election manifesto for the April 10 polls on Friday. They promised to abrogate the 'unequal' 1950 Indo-Nepal peace treaty, divide the country into 11 regions based on ethnicity and raise the per capita income ten-fold.The manifesto unveiled by Maoist chairman Prachanda in Kathmandu, ahead of the Constituent Assembly elections, describe India as an expansionist force.
S&P expects India to grow at 7.4 per cent in 2015, similar to the central bank's forecast for the fiscal year ending in March.
'Persisting with the inequalities, indeed seeing them get worse, is no one's prescription for national unity,' notes T N Ninan.
The noted economist said some of the bad loans are due to a slowdown in the economy and asset restructuring companies are part of the solution.
Experts at the seminar ruled out the possibility of coconut causing increased risk of heart ailments.
What is required is boring leadership that ensures that the basics are right and not genius leadership that dreams of bullet trains, says Aakar Patel.
A proposed plan for a tri-nation alliance between India, Vietnam and Brazil - top three cashew producers of the world - to increase the global output from 1.7 million tonne to 3 million tonne will definitely make waves in the industry.
Is it sustainable?' 'Or is it like an overdose of a medicine that saves your life in the short run but kills you through long-lasting side-effects?' asks Shekhar Gupta.
India and China need to chart a different path to develop low carbon economies to combat global warming, Chairman of the UN Intergovernmental Panel on Climate Change, Rajendra Pachauri said. In both India and China, there is now a serious debate. "In India I can see it for sure because the prime minister is quite concerned about this issue. He set up the advisory council on climate change," he said.
'The goal is achievable. What is stopping us from getting there?' asks Aakar Patel.
The CSO estimate is, however, a bit lower than 7.4 per cent growth projected by the Reserve Bank for the current fiscal.
However, 63 per cent Indians were "satisfied" with their standard of living
India is second fastest growing economy in the world with 7.1 per cent GDP expansion in 2008-09, Pranab Mukherjee said.
According to an NSSO survey, Indians in rural areas spend less than Rs 21 per day, while in urban area an Indian spends about Rs 39 per day.
Indian businessmen would succeed in the European market due to the region's high per capita income and purchasing capacity, Bavarian Minister for Economic Affairs, Infrastructure, Transport and Technology, Erwin Huber said on Thursday. \n
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