News for 'Economic Policy Institute'

Rising Sun resurgence: Jefferies' crystal ball on Japan's future

Rising Sun resurgence: Jefferies' crystal ball on Japan's future

Rediff.com5 Mar 2024

Nikkei 225 index hit the 40,000 mark for the first time ever on Monday, continuing its bull-run that saw the index reclaim its 1989 peak of 34,000 levels in February. as global investors latched on to Japan's biggest companies on improving shareholder returns, the weaker yen and booming corporate profits. Analysts remain bullish on Japan, mostly aided by gains in technology shares. Adoption of artificial intelligence (AI), according to a note by Morgan Stanley, is likely to benefit Japanese companies, which is almost at par with the US-based companies.

Brain Drain 2.0 Is Taking Place In India

Brain Drain 2.0 Is Taking Place In India

Rediff.com28 Sep 2023

The migration of domestically developed intellectual property to foreign corporations within India reflects an anomaly in the demand pattern of the country's job market, points out Kanika Datta.

RSS chief seeks population control policy applicable to all

RSS chief seeks population control policy applicable to all

Rediff.com5 Oct 2022

Speaking at the Rashtriya Swayamsevak Sangh's Dussehra rally in Nagpur, Bhagwat said community-based population imbalance is an important subject and should not be ignored.

IRFC, NBCC, SJVN, BHEL: PSU stocks are on fire; analysts see more headroom

IRFC, NBCC, SJVN, BHEL: PSU stocks are on fire; analysts see more headroom

Rediff.com15 Feb 2024

Stocks of public sector undertakings (PSUs) have been on fire in the past year as investors cheered an improvement in key operating metrics and embraced counters of these state-owned enterprises, analysts suggest. The S&P BSE PSU Index has gained over 90 per cent in the past year, rising much higher than the S&P BSE Sensex, which has rose nearly 19 per cent during this period, according to ACE Equity data. The BSE PSU Index, reports show, has delivered a compound annual growth rate (CAGR) of 28 per cent (including dividends reinvestments) over five years and risen by almost 60 per cent in the past year.

Bill for 10% quota for economically weak introduced in Lok Sabha

Bill for 10% quota for economically weak introduced in Lok Sabha

Rediff.com8 Jan 2019

The bill, approved by the Union Cabinet on Monday, was brought in on the last day of the Winter Session of Lok Sabha.

'Naidu Will Give BJP Run For Its Money'

'Naidu Will Give BJP Run For Its Money'

Rediff.com7 Jun 2024

'The Opposition parties will continue to woo Chandrababu Naidu even though he has said he will support the BJP.'

Why West Opposes Strong Leader Like Modi

Why West Opposes Strong Leader Like Modi

Rediff.com9 Jun 2024

'The West has always opposed a strong nationalist leader in India and Narendra Modi is no exception.' 'The West prefers weak leaders who are amenable to Western pressure and Mr Modi's independent stance is not to the liking of the West,' asserts Colonel Anil A Athale (retd).

Ram Teri Ganga Maili

Ram Teri Ganga Maili

Rediff.com12 Jun 2024

Six decades and more later, we are now captives of our identities. Every poll is based on elaborate calculations of electability of candidates on the basis of their castes and other narrow definers. That, along with voter promiscuity, is what defines our political culture, which remains stubbornly resistant to any change, asserts Shreekant Sambrani.

Who will be the next Chief Economic Advisor?

Who will be the next Chief Economic Advisor?

Rediff.com26 Jul 2018

Rumours in the bureaucracy on his successor include the names of Sajjid Chinoy of JP Morgan, Rathin Roy of the National Institute of Public Finance and Policy, Neelkanth Mishra of Credit Suisse and the principal economic advisor, Sanjeev Sanyal.

Modi Must Fix His Problems With The States

Modi Must Fix His Problems With The States

Rediff.com5 Oct 2021

Given the many policy areas where the Centre and the states have not been seeing eye to eye in the last few years, it is time the Modi government convenes a meeting of the Inter-State Council, recommends A K Bhattacharya.

Monetary policy specialist Patra is new RBI dy guv

Monetary policy specialist Patra is new RBI dy guv

Rediff.com15 Jan 2020

Patra, as executive director of the central bank, was the principal advisor to the Monetary Policy Department since July 2012.

Economic recovery still not well entrenched: RBI Guv

Economic recovery still not well entrenched: RBI Guv

Rediff.com16 Sep 2020

Observing that the economic recovery was not yet fully entrenched, the RBI Governor said recovery is likely to be gradual.

CEA Subramanian to return to academia after three-year stint

CEA Subramanian to return to academia after three-year stint

Rediff.com8 Oct 2021

Chief Economic Advisor (CEA) K V Subramanian will be leaving the finance ministry and returning to academia on completion of his three-year term. The government had appointed Subramanian, an ISB Hyderabad professor, as the CEA in December 2018. He had succeeded Arvind Subramanian, who quit the position close to a year ahead of his extended tenure. Subramanian's three-year term would have come up for renewal in December but he decided to return to academia.

IMF cautions India on govt debt vulnerabilities, Centre disagrees

IMF cautions India on govt debt vulnerabilities, Centre disagrees

Rediff.com27 Dec 2023

The International Monetary Fund (IMF) warned on Tuesday that India's general government debt (comprising both central and state government debt) could exceed 100 per cent of gross domestic product (GDP) in the medium term. It also cautioned that long-term debt sustainability risks are high due to the significant investment required to meet India's climate change mitigation targets. The Indian government, however, disagreed, arguing that risks from sovereign debt are extremely limited as it is predominantly denominated in domestic currency.

Why Modi's new vaccine policy must change

Why Modi's new vaccine policy must change

Rediff.com8 Jun 2021

This perversity in vaccine distribution needs immediate correction. It requires a complete withdrawal of the 'Liberalised Vaccine Policy', and a 100 per cent takeover of the vaccine procurement by the GoI, asserts R Ramakumar.

BSE, NSE close at record highs; Sensex breaches 69K

BSE, NSE close at record highs; Sensex breaches 69K

Rediff.com5 Dec 2023

Among the Sensex firms, Adani Enterprises and Adani Ports sustained their gaining momentum and traded higher by 4.40 per cent and 4.37 per cent, respectively. BPCL, Axis Bank, Mahindra & Mahindra and SBI were the other major gainers. On the other hand, HCL Tech, Infosys and Bajaj Auto traded in the negative zone with a loss of up to 1.54 per cent.

How world media reported Lok Sabha election results

How world media reported Lok Sabha election results

Rediff.com5 Jun 2024

The 'aura of invincibility' around Prime Minister Narendra Modi has been 'shattered' by the Indian voters who gave the Opposition a new lease on life, this is how the international media described the outcome of India's general elections.

Mukherjee to teach public policy as elective at IIM-A

Mukherjee to teach public policy as elective at IIM-A

Rediff.com9 Sep 2018

While most of Mukherjee's lectures will be closed door for the students taking up the elective, the institute plans to open up one or two sessions for public in November this year.

How Banerjee-Duflo's economic theory is relevant for India

How Banerjee-Duflo's economic theory is relevant for India

Rediff.com15 Oct 2019

For Duflo and Banerjee, an important part of their work has been ensuring that the agency of the "beneficiaries" -- usually, in developing countries like India, poorer individuals -- is put at the centre of any policy design. This is a crucial way in which experimental results are often better than large scale data-based inference, says Mihir S Sharma.

Belgian ex-PM backs India's permanent UNSC seat, urges UN reform

Belgian ex-PM backs India's permanent UNSC seat, urges UN reform

Rediff.com14 Jan 2024

Leterme contended that there is a need for the United Nations Security Council to adapt to the realities of the 21st century as it requires representation that goes beyond the structures established in the 20th century.

Manmohan vs Modi Debate: India Is The Loser

Manmohan vs Modi Debate: India Is The Loser

Rediff.com19 Feb 2024

False and acrimonious debates such as Modi versus Manmohan might allow for victories that are political and partisan. But the real loser is the nation, India and Bharat, notes Arvind Subramanian, former chief economic advisor to the Modi government in its first term.

Want To Study Engineering In Germany?

Want To Study Engineering In Germany?

Rediff.com12 Jan 2024

rediffGURU Geeta Ratra offers expert advice on international courses, student visas, immigration processes and more.

PSU stock froth persists: Q4 test for financial endurance

PSU stock froth persists: Q4 test for financial endurance

Rediff.com28 Mar 2024

Shares of public sector enterprises have corrected by up to 22 per cent month-to-date until March 19, 2024. Analysts attribute this steep fall to the valuation exuberance seen after a sharp run in these counters last year and suggest investors remain selective regarding the stocks in this space. "The rally in public sector undertaking (PSU) stocks has been stretched and sharp, although it is somewhat justified by improvements seen in earnings, operations, balance sheets, and overall profitability.

Bibek Debroy retained as chairman of PM's economic council

Bibek Debroy retained as chairman of PM's economic council

Rediff.com26 Sep 2019

Sajjid Chenoy, India economist at JP Morgan is the new part-time member.

Economic freedom: Top 20 nations, India falls to 111!

Economic freedom: Top 20 nations, India falls to 111!

Rediff.com26 Sep 2012

India ranks very low at 111th position in terms of economic freedom.

Why Foreign Financial Firms Quit India

Why Foreign Financial Firms Quit India

Rediff.com24 May 2024

There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu.

Karnataka's Locals Push Draws Flak

Karnataka's Locals Push Draws Flak

Rediff.com1 Mar 2024

'Such steps would be a barrier and something people do not want.'

Rs Least Volatile Against $ In 30 Years

Rs Least Volatile Against $ In 30 Years

Rediff.com5 Jan 2024

Market participants attribute the stability to the Reserve Bank of India's timely intervention in the foreign exchange market, both in terms of selling and buying dollars.

'The govt cannot release funds to states on request'

'The govt cannot release funds to states on request'

Rediff.com19 Mar 2024

'If such a practice were feasible, every state would seek additional funds, posing a significant risk to the overall health of the economy.'

Academic programmes at Chitra Tirunal Institute

Academic programmes at Chitra Tirunal Institute

Rediff.com16 Sep 2003

The Sree Chitra Tirunal Institute for Medical Sciences and Technology, Thiruvanathapuram, invites applications for admission to its academic programmes.

Lack of good economists impacting policy making: Rajan

Lack of good economists impacting policy making: Rajan

Rediff.com29 Jul 2015

Flagging the issue of lack of enough economists in the country, Reserve Bank India (RBI) Governor Raghuram Rajan has said the inability to get quality talent may be hurting policy making.

Sensex ends 107 points lower in choppy trade

Sensex ends 107 points lower in choppy trade

Rediff.com1 Feb 2024

Among the Sensex firms, Larsen & Toubro, UltraTech Cement, JSW Steel, Titan, Bajaj Finance, Wipro, Tech Mahindra and Nestle were the major laggards. Maruti, Power Grid, Axis Bank, State Bank of India, NTPC, HDFC Bank, ITC and IndusInd Bank were the gainers.

Delhiites to lose 11.9 years of their lives to pollution

Delhiites to lose 11.9 years of their lives to pollution

Rediff.com29 Aug 2023

The study said fine particulate air pollution (PM2.5) shortens an average Indian's life expectancy by 5.3 years, relative to what it would be if the 5 g/m3 pollution limit set by (WHO) was met.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com3 Sep 2023

Macroeconomic data announcements, global trends and trading activity of foreign investors would guide momentum in the equity market this week, analysts said. Markets ended a five-week losing streak and gained nearly a per cent last week, helped by a sharp rebound on Friday. Last week, the BSE benchmark jumped 500.65 points or 0.77 per cent and the Nifty gained 169.5 points or 0.87 per cent.

How The Heat Wave Will Affect Your Kitchen

How The Heat Wave Will Affect Your Kitchen

Rediff.com2 May 2024

Apart from the human body, human food will bear direct repercussions. From staples such as wheat, to coffee, dairy, and even the great Hilsa face the threat of reduced supply due to the extreme heat.

India at doorstep of economic revival, says RBI Governor Das

India at doorstep of economic revival, says RBI Governor Das

Rediff.com21 Oct 2020

Reserve Bank Governor Shaktikanta Das on Wednesday said the country is at the doorstep of economic revival on the back of accommodative monetary and fiscal policies being pursued by the central bank and the government.

Who Can Dethrone The US Dollar?

Who Can Dethrone The US Dollar?

Rediff.com24 Jul 2023

Policymakers should aspire to restore the pre-Independence environment where the rupee was trusted and used all over South Asia, in Southeast Asia, in West Asia, and in East Africa, suggests Ajay Shah.

Bharat Ratna recipients' tally touches 53, maximum awardees in 2024

Bharat Ratna recipients' tally touches 53, maximum awardees in 2024

Rediff.com9 Feb 2024

Till now, the maximum Bharat Ratnas were awarded in 1999 when four recipients were given the coveted award.

'In an election year, markets flourish'

'In an election year, markets flourish'

Rediff.com23 Feb 2024

'Historically, the markets tend to perform well during election years as governments aim to increase spending and call attention to growth.'

The Modi Interview: 'India will be developed by 2047'

The Modi Interview: 'India will be developed by 2047'

Rediff.com3 Sep 2023

Prime Minister Narendra Modi has said that India's economic growth is a 'natural by-product' of his nine-year-old government's political stability, as he expressed optimism that it will be a developed nation by 2047 with 'corruption, casteism and communalism' having no place in our national life.