India is poorer than the world average and so naturally has a greater percentage of poor people and a lower percentage of rich people. Yet using absolute numbers, India has more of almost everything, which is misleading, says Debraj Ray and Maitreesh Ghatak.
'Our first great challenge is to create 12 million new jobs each year, to make the demographic dividend an economic dividend.' 'We are nowhere near that,' points out Mohan Guruswamy.
UK's largest retailer Tesco, Singapore Airlines and Etihad queued up to invest in India as a persistent UPA threw open more sectors to foreign investments with indications of more big ticket deals to be announced in the new year.
'No right thinking student of politics can name one state where the BJP gains in double digits.'
Prashant Lingam and Aruna Kappagantula are changing the way houses are being built in India.
The elements are all aligned to make India a global powerhouse, says IMF Managing Director Christine Lagarde.
In the year since UPA went out, the GDP has grown a mere 0.5 per cent, but this government claims a healthy GDP growth of 7.4 per cent allowing it to ecstatically claim outpacing China, says Mohan Guruswamy.
In the last financial year, GDP growth was 7.3 per cent.
'The year in pictures' treks across the globe, looking back on the moments that shaped 2016. From the United States presidential race, to demonetisation in India to the refugee crisis, the news has kept pouring in. Here are our top 50 moments from the world.
Higher crude oil prices also translate into better corporate earnings for India's top companies
'India's economy is growing faster compared to the developed economies of the world.' 'More importantly, it is growing faster compared to most of the developing economies.' 'The monsoon is not the only thing that drives the rural economy and certainly not the national economy.' 'It is too simplistic to reduce everything to the monsoon.'
Young, ambitious workforce learns skill degrees come with no guarantees.
Rajeev Srinivasan on how Indians are satisfied with illusions, not reality.
'Amartya Sen is a citizen of the country who has every right to criticise or give his opinion on a policy decision.' 'Get back at him! Why get back at Harvard?'
Democracies avoid serious political turbulence only so long as they ensure that the relative level of inequality between the rich and the poor does not become excessively large, says Vice President M Hamid Ansari.
'It is impossible for a decent man to live in Kairana town.' 'Any man who is not able to pay extortion money has left Kairana.' 'The people involved in this extortion want it to become a Hindu-Muslim problem.' 'The intention in Kashmir was that if Pandits leave Kashmir, all the property left behind will go to Muslims. The intention is the same in Kairana,'
'Making the railways better is a different type of a challenge.'
Prime Minister Narendra Modi, who recently completed one year in office, has, in an exclusive interview with Smita Prakash, editor, ANI, said the opposition alleging that his government is a "suit boot ki sarkar" is definitely better and more acceptable than being labelled a "suitcase" (ki sarkar), and satirically added, that after ruling for sixty years, the Congress has suddenly remembered the poor.
More, many market gurus expect the Sensex to reach 30,000 levels by December and 40,000-45,000 in three to four years.
Chief Economic Advisor Arvind Subramanian says that he hopes GDP growth will be at the upper end of the 7-7.5 per cent range.
'You cannot judge a government within a month. Give us five years' time.' 'At times, strict economic decisions have to be made for the good of the poor in the long run.' Dharmendra Pradhan, one of the Modi government's stars, speaks exclusively to Sheela Bhatt/Rediff.com about why the government is forced to roll out 'bitter medicine.'
'Biometric Aadhaar-based surveillance is not only about violation of privacy, but also about the treasure hunt for unprecedented financial surveillance and economic intelligence in the economic history of mankind,' asks Gopal Krishna.
In his penultimate State of the Union address, Barack Obama said that the economy is improving.
Read the full transcript of President Obama's State of the Union address on Wednesday at the US Capitol in Washington.
Here is the full transcript of Congress vice president and Lok Sabha poll campaign chief Rahul Gandhi's first formal TV interview with Times Now Editor-In-Chief Arnab Goswami.
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