Gen Rawat said the world looks at India as a country that can balance the rise of China in the region as it was showing its 'assertiveness'.
Overall, the Survey warned that unless shifts in the vision of development were articulated and embraced, the Indian economy would lose the chance to move to a high-growth trajectory.
The government is scrambling to contain the fiscal deficit at 4.1 per cent of GDP in the fiscal year ending March
If Mr Modi and his team expect to win the 2019 elections, groundwork for improved performance in their second term should be done now.
'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.
Jaitley's Budget has the potential to change the face of Modi's Bharat
P Chidambaram says all options are on the table.
Responding to questions, the World Bank president insisted that this slowdown is temporary.
The sad truth is that the debt-to-GDP ratio will shoot up close to 90 per cent in the coming year, and the fiscal deficit glide path does not promise to reduce it substantially any time soon, predicts Mihir S Sharma.
Sustaining anything in the region of 7% growth should be good enough in a troubled and risk-laden world, says T N Ninan.
The Union Budget for 2009-10 will reflect UPA government's ambitious agenda like Rs 3 kg rice or wheat for BPL families, enlarging NREGA coverage and more focus on infrastructure to bring the economy on high growth.
'Is India going to miss some more of its potential demographic dividend?' 'If so, it would be for two reasons: The demographic dividend can be fully exploited only if the people in the working age are actually working.' 'And second, if those working have proper education and skills, making them productive in the workplace.' 'On both counts, the country has fallen short,' points out T N Ninan.
India's factory output climbed 22.4 per cent in March, benefiting from the base effect of the lockdown-marred month a year back as well as a turnaround in the manufacturing sector, while retail inflation slipped to a three-month low of 4.29 per cent in April. The high positive annual growth in the index of industrial production (IIP) in March 2021 came on back of a contraction of (-)0.9 per cent and (-)3.4 per cent in January and February 2021 respectively, according to the data released by the National Statistical Office (NSO) on Wednesday. This turnaround was led by recovery in the mining, manufacturing and electricity sectors.
E-commerce giant Amazon and Infosys co-founder N R Narayana Murthy's Catamaran Ventures have "mutually decided" to not continue their joint venture (JV) beyond the end of its current term. The JV, Prione Business Services, which has been running successfully for the past seven years, was coming up for renewal on May 19, 2022. The JV enabled over 300,000 sellers and entrepreneurs to go online. It also enabled 4 million merchants with digital payment capabilities, providing these small and medium-sized businesses (SMBs) and merchants access to millions of customers across the country.
.jpg)
In India, the need to find a solution for the jobs problem is perhaps even more urgent considering the oft-quoted number of a million young people arriving every month looking for jobs.
'Our focus is not going to be metro to metro routes.' 'We will begin by focusing on metro to non-metro (routes).' 'Metro to tier-2 cities or tier-3 cities is where there is a lot of space for affordable, efficient carriers.'
'The Budget has maintained fiscal prudence while announcing a number of steps to boost growth, particularly in infrastructure and rural sectors.'
The Centre set up a political tug of war with opposition parties which have planned to observe it as a 'black day'
'The next general election is four years away. That's enough time to recover -- provided the government stops spending and taxing so much,' says T C A Srinivasa-Raghavan.
The former finance minister was in Mumbai to address Congress party's poll rallies.
'At a time when the economy is depressed, a pandemic is raging, and the Chinese are making noises on the border, the NRC could be resuscitated.'
Barring a few, most of the B-schools end up as mere fillers for aspiring students, says Ramesh Kailasam. India needs to have more focused B-schools which are qualitative and practical oriented to churn out students ready to take on the challenge to steer India Inc. and the nation forward.
A cut in rates would have encouraged the banks to lend aggressively on the retail front.
A study by second-hand car dealer CARS 24 showed 42 per cent of the consumer feel the need for a car to travel safely now. Those who used cabs to commute before the pandemic want to buy a car for the family and a two-wheeler for shorter runs.
Take part in the growth story, Amit A Shah tells Corporate India.
'Modi has given India its 'lost half-decade'. Elect him again and by 2024 it will be a lost decade'
The former RBI Governor also emphasised on the need to boost economic productivity and attract investments.
'Should you give a man fish, or teach him how to fish?' 'Lurking hidden in the new bout of welfarism seems to be an admission that the State can't deliver for the poor anything other than cash,' notes T N Ninan.
From college intake to visa guidelines, here's everything you'll need to know before signing up for a course in New Zealand.
India's exports to China stood at $7.56 billion during the period whereas the imports have jumped to $52.26 billion in April-January
The economy is growing at 7.5-8 per cent, the finance minister said.
India this year will emerge as the world's seventh largest economy, up from the 12 th position in 2008.
There's no silver bullet to get rid of poverty, says Alok Sheel.
China and India have become the two strongest driving forces for the world's economic growth.
Inaugurating the two-day 'Global Investors Summit' hosted by Assam, Modi said the National Democratic Alliance government has speeded up the functioning of official machinery and "we want all programmes to be completed before target".
Muzammil Patel and Rahul Murthi will answer all your start-up queries.
Before growing 2.8 per cent in latest April-September period, IIP had seen negative growth of 0.1 per cent in 2013-14 period.
The dollar-rupee rate could move in the opposite direction if dollar policy rates rise and the FPIs sell in December, says Devangshu Datta.
Analysts expect global markets to remain in consolidation mode with a negative bias over the next six months.
Experts believe dollar may continue to appreciate due to an increase in US economic growth
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances