Against a turbulent and uncertain background, Budget 2017-18 hewed a steady, forward-looking course, says Shankar Acharya, former chief economic adviser to the government.
Prime Minister Narendra Modi on Sunday told scientists that the government would make it easier to do scientific research in the country and asked them to keep the five principles of economy, environment, energy, empathy, equity at the centre of enquiry and engineering.
India's fiscal deficit trends are a bit like an alcoholic trying, unsuccessfully, to reform. Virtue does not last for too long, says Shankar Acharya.
Chief Economic Advisor Arvind Subramanian spoke on a wide range of issues -- from GDP growth and fiscal consolidation to job creation and GST.
Getting the balance between fiscal restraint and growth-contracting policy remains a problem.
The Centre had set up a Commission under former Reserve Bank of India Governor Bimal Jalan to suggest steps to rationalise subsidy and help the government in effectively bringing down the fiscal deficit.
"Reach and revenue" has been Narinder Batra's agenda going into the polls and soon after becoming the first non-European President of the International Hockey Federation, the veteran Indian sports administrator vowed to take the game across the globe. Batra, who is the Hockey India President, defeated David Balbirnie of Ireland and Australia's Ken Read to become the 12th FIH President -- the first Asian to grab the post in the world body's 92-year-old history. Batra got 68 votes in his favour while Balbirnie and Read managed 29 and 13 votes respectively. Out of 118 voters, only 110 voted while eight abstained.
RBI ex-governor's book on 'those turbulent but exciting times' to be launched on Sept 5 in Chennai.
To ensure equal access to health care, the government must consider it in a holistic manner and improve all parameters.
Oil prices dipped on Wednesday as the market prepared for a gradual increase of Iranian exports into an already oversupplied market from 2016.
India is currently in the throes of an anti-incumbency wave of an unprecedented intensity, believes Bharatiya Janata Party leader Arun Jaitley.
Lack of literacy is compromising the ability of farmers in India and China, two of the world's most populous countries with the smallest farm size, to raise productivity without losing soil fertility, says Kunal Bose.
It was a year of stocks shining bright when it comes to adding to the investors' wealth, and the glitter of gold and silver fading for the second straight year in 2013.
Markets could slide again owing to conditions in Europe and the US.
Following is the full text of Prime Minister Manmohan Singh's speech at the Central Party School in Beijing on Thursday:
Jaitley said he is meeting the existing investors and potential investors, those who are looking at India, those who are looking to expand.
'Modi is likely to make more announcements to win or retain popularity, and put himself at the centre of things even more than now,' says T N Ninan.
'Joko's re-election bid has been as tough as Modi's.' 'But in a curious reversal of roles, what Joko faced was a platform somewhat akin to Modi has chosen for himself to woo voters,' notes Ambassador M K Bhadrakumar.
He warned that Pakistan-supported terrorist groups would continue to carry out attacks inside India.
On the 10th anniversary of the global financial crisis, a multi-part series analyses the lessons learnt and those not learnt.
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The year 2014 was one of the most challenging years for India. For two consecutive years our GDP growth was sub 5 per cent. Employment generation had declined, the revenue buoyancy was low and the country had become investment starved.
The indebtedness of Indian companies has had an adverse impact on the economy's investment climate apart from weakening their performance and seriously impairing the financial health of the banking sector. Unless both the problems are resolved, there is little chance of reviving investment and boosting growth on a sustainable basis, says A K Bhattacharya.
Indian govt is trying hard to get global investors to invest in the country.
Though the intent has been hailed as good for the economy, teething problems remain with a five-rate structure for various goods and services
'We've seen tremendous traction from fruit and vegetables.' 'Around 18% of our business comes from these, almost three times higher than physical stores.'
It is by now quite clear that in all likelihood the US Federal Reserve will hike interest rates in its next meeting in mid-December.
'Make in India' could suffer the same fate as did privatisation and the command economy, says Ajit Balakrishnan.
The Planning Commission was better than the Niti Aayog as it used to take up the issues of the states with the ministries concerned.
India needs to unleash technological and social innovations that can usher in a new developmental model the world has not seen before, TCS Vice-Chairman S Ramadorai said.
Formal negotiations are due to start in Athens on Friday.
Neither pharma nor IT would have become the stars of the economy without the active but largely invisible hand of the Indian State, says Ajit Balakrishnan.
Pensioners, India Inc may get tax breaks in Budget
