ADB's calculations imply almost half of India's population (47.7 per cent) was below the line in 2010. Both these estimates are based on the year 2005's purchasing power parity rates.
It is too early to write Narendra Modi's political obituary, asserts Virendra Kapoor.
The right-handed duo of Murali Vijay and Lokesh Rahul have remained India's trusted batsmen upfront but the former's wrist injury opened an unlikely door for Shikhar Dhawan when they toured Sri Lanka earlier this year.
The Reserve Bank of India on Thursday raised its inflation projection to 5.1-4.7 per cent for the second half of the current fiscal on the back of spike in prices of vegetables such as onion and tomatoes.
The RBI must cut rates to spur growth, say experts.
After years of high food prices, India is now witnessing a deflation, according to the government's food inflation data.
Pailan Arrows defeated Chirag United Kerala 3-0 to register their first win in the I-League.
A summary of the first day's proceedings in the Ranji Trophy matches across the country.
If the government cuts wasteful expenditure as it is trying now, the deficit would at most fall to 8 per cent, not less than that.
That's why he is now finally focusing on the two things that alone can help: Fiscal expansion -- from December onwards -- and supply management via amended laws and rules that affect business, notes T C A Srinivasa-Raghavan
Deflation masked the rise in food inflation to a 5-month high.
Premium valuations era started in 2006 and went hand in hand with decline in the US interest rates
Demand indicators have turned hot and despite the bad monsoon, India's GDP growth is likely to top 7 per cent, says Jahangir Aziz.
Historically, tensions in West Asian regions have provided support to gold prices.
Costlier vegetables slowly pushed retail inflation, which had remained well within the Reserve Bank's comfortable level of 4 per cent during most part of 2019, peaked to more than three-year high of 5.54 per cent in November.
Afghanistan have a long way to go before they can challenge the leading Test nations and the best way to bridge the gap is to play regularly against their 'A' teams, coach Phil Simmons said after the team's deflating long-form debut against India.
RBI recently cut repo by 0.25 percentage point, taking the rate to 7.25 per cent in three reductions since January.
Bopanna and Sharan defeated Kazakhstan's Aleksander Bublik and Denis Yevseyev 6-3, 6-4 in 52 minutes.
There are glaring anomalies with Indian data and that could lead to wrong policy prescriptions.
The financial and commodity markets will continue to roil, as China's growth moderates and readjustments are made.
As the teams gear up for the second ODI at Cuttack, the visiting England team will certainly feel a bit deflated after failing to defend a total of 350 despite having got four top-order batsmen back in the hut for less than 100.
Supported by slightly stronger global growth, improving export competitiveness and implementation of recently approved investment projects, India's growth is expected to recover from 4.4 per cent in 2013 to 5.4 per cent in 2014, the IMF said.
India's spinner Ravichandran Ashwin defended India's batting, saying both sides struggled to score and that India had hope right till the end that with Hardik Pandya around the visitors were in the game.
Tata Motors (down 1.7%) was the top loser on Sensex and Nifty, while Lupin (1.6%) gained the most.
A summary of sports events and sports persons, who made news on Saturday
If imputed inflation for April and May is used, then you have inflation of over 6 per cent for two consecutive quarters, which is a worrying signal for the RBI.
The West Indies are currently lying seventh in the 10-team standings with just three points in their kitty and they can't afford any further loss to stay in the mix for a semifinal spot.
Prolific scorer Odafe Okolie pumped in four goals, including a hat-trick, as Churchill Brothers deflated Mahindra United 4-2 in an exciting ONGC I-League 11th round match at the Nehru Stadium in Margao, Goa, on Monday.
One way to do a reality check on the official numbers will be to develop a desi version of what came to be called the Li index in China.
'But can it afford to present a scenario within the existing legal framework of fiscal consolidation?', asks A K Bhattacharya.
Slowdown persists in China. India's GDP estimates for 2015-16 are liable to be pared; projections for 2016-17 are lacklustre.
The optimism in global markets could help India as the rebound in GDP is expected to continue and get more broad-based.
Policy air bubbles and implementation snags could block plans to connect India's cities to a clean fuel grid.
The RBI Governor brought down retail inflation to 3.8% in July.
India Inc's debt-to-equity ratio has fallen, from 0.92 in FY15 to 0.88 in FY16.
Even with the possible expenditure roll-overs and off-budget financing, the fiscal deficit target will not be met. The FRBM Act, after its amendment in 2018, allows a fiscal deficit slippage of not more than 0.5 per cent for any given year, provided there are justifications. These justifications include war, national security, severe collapse in the agriculture sector, a major natural calamity, big structural economic reforms, or the decline in real output growth of a quarter by at least 3 percentage points below its average of the previous four quarters.
Rural inflation running higher than urban: HSBC
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.
India's telecom regulator TRAI on Wednesday slashed mobile roaming tariffs by up to 56 per cent and also scrapped rental for roaming services.
'If the epidemic is sharply contained in a month or two, we have a huge buying opportunity. 'If not, we are staring at a serious economic crisis, the contours of which we are totally unaware of,' warns Debashis Basu.
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