The central bank's currency management will be critical over the next few months. A weaker rupee could help to revive exports. But, the currency must fall slowly and in controlled fashion, says Devangshu Datta.
'The regional context and the personal ties between Modi and Japanese Prime Minister Shinzo Abe to a large extent contributed to this dawn of a new era in bilateral relations,' says Srikanth Kondapalli.
'The economy is suffering (perhaps 'enjoying' is a better word) the lowest credit demand in decades; banks are struggling with stressed loans equivalent to near 10 per cent of GDP,' points out Devangshu Datta.
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
The two leaders enjoyed the sunshine with a walk in the grounds of Schloss Meseberg, an 18th century Baroque castle in the Brandenburg district of Germany.
Modi's government sees itself in a sweet spot with spare cash.
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The power of a nation is directly related to the revenues it realises from its citizens. But India loses a gargantuan Rs 5.8 lakh crore, as the IT department drags its feet over recovering uncollected taxes in time or holding up files in appeal cases, says Mohan Guruswamy.
The Sensex ended at a fresh record closing high of 28,889 while Nifty ended at a fresh record closing high of 8,730.
Investors indulged in profit booking at attractive and higher valuations
Favourable response to launches, recovery in CVs will aid growth.
The Prime Ministers Office is upset that the Congress party was deliberately playing up the Saeed-Vaidik meeting in Parliament to detract attention from Prime Minister Narendra Modi's meeting with the Chinese president. Rediff.com contributor Renu Mittal reports
The armed forces are quite happy with the attention paid to their concerns, reports R S Chauhan.
Rishabh Lawania's three tips for success: 1. Innovate. 2. Fail fast. 3. Always see ahead of time.
The IMF's predictions for India's near-term growth may seem rosy, but the usual caveats apply - that is, we are apt to under-perform.
Industry experts on Friday called upon the new BJP-led NDA government to focus on attracting investments in key sectors, especially the infra space, to revive growth and investor confidence.
Modi's visit to some developed countries such as the US, Japan, China and Australia were sprinkled with humongous investment figures. But do we have the wherewithal to absorb such big investments?
None of the political parties in UP has any effective plans to create jobs.
Hitting GDP growth of more than six per cent will require substantial foreign direct investment, especially if household savings largely continue to remain locked.
Putin said India will become a full-fledged member of the SCO in a week.
All international passengers will henceforth be screened at airports, Health Minister Harsh Vardhan said at a press conference. Earlier, travellers from only 12 countries were screened at airports for the disease that has claimed over 3,000 lives and infected more than 90,000 worldwide.
Non-performers were not punished, performers were not rewarded, points out Utkarsh Mishra.
For one, the prime minister's residence will go vegetarian for the first time; Amitabh Bachchan, deservingly, will be conferred the Bharat Ratna; and the people can expect a lot of emotion-loaded communication from the prime minister, feels Sheela Bhatt/Rediff.com
An ill-informed public narrative centres on expensive weapons platforms instead of the little things that would improve capability.
There has been no reboot of the private investment cycle.
ICICI Bank and SBI were among the top Sensex gainers along with FMCG majors ITC and HUL.
Indian companies struggle to escape debt burden as profit slows.
Prime Minister Narendra Modi reiterated that the 'Make in India' programme would be a success because of the three Ds namely demographic dividend, democracy and demand during the interactive session at the Facebook headquarters in California on Sunday.
Traders blame demonetisation for subdued demand in retail segment
Budget should raise revenues & reduce spending to increase capital expenditure.
The wheels turn for bicycles, as manufacturers go back to the basics. After motorised two-wheelers overtook cycle sales in the country, manufacturers are focusing on commuter segment again and reviving entry-level cycles.
Macron accepted the invitation and said he will visit New Delhi by the end of the year for an international summit on solar power - an area on which France plans closer cooperation with India.
Realtors, consultants and foreign universities vie for big share.
'Overlying his idealism was a hatred of war and of all things military. He gave no deep thought to politico-military matters and this prevented him from making sound security decisions.'
Measures that will make Indian cities more organised and liveable need to be implemented to tackle the menace of pollution.
"There has been one meeting (on this). It is a matter of setting up the governance structures. Now ball is in the court of the Indian side to finalise the governance of the setting up of the fund. We are ready for it," the UAE ambassador Dr Ahmed Al Banna said.
'Under-employment continues to be a very big problem.' 'What we see today is many youth who would have accepted any kind of job are not willing to accept any job.' 'They are ready to wait for a better job, one that justifies their educational qualification. 'This is one of the reasons why unemployment has risen.'
'Though not religious in everyday life, his Hindu-Indian identity was an irrevocable influence on his writings,' observes Vivek Gumaste.
The Narendra Modi government's alacrity in promoting ease of tax administration, a critical component in the ease of doing business index, has set in motion several incremental policy and administrative reforms, says Mukesh Butani.
This week's digest of weird, true and funny news from around the world
