Prime Minister-designate Narendra Modi has the fastest growing Facebook page for any elected official in the world and is only second after United States President Barack Obama in terms of fan following of politicians, an official of the social networking website said on Tuesday.
The Taiwanese maker is adopting a model of setting up smartphone assembly lines in multiple cities across India.
The slowdown in India is related to a credit squeeze, which is a cyclical problem - not a structural problem: American economist Steve Hanke.
... if high oil prices persist or stock prices correct sharply.
'Government intervention in agricultural trade is a problem for farmers.'
India has been relatively insulated from the severe headwinds in the West. However, with a third of the global economy expected to slip into recession in calendar year 2023, the impact will strongly be felt on India's exports and trade economy, leading economists said in a panel discussion at the Business Standard BFSI Insight Summit in Mumbai on Wednesday. The panel comprised former Reserve Bank of India executive director and former Monetary Policy Committee member Mridul Saggar, State Bank of India Chief Economic Advisor Soumya Kanti Ghosh, Citibank India Chief Economist Samiran Chakraborty, ICRA Chief Economist Aditi Nayar, and IndusInd Bank Chief Economist Gaurav Kapoor. The topic of the panel discussion was No recession in sight: Is India decoupled from developed economies?
'China has reclaimed, after two years, its mantle as the world's fastest-growing large economy.' 'This, when its working age population is shrinking, while ours is growing.' 'And talking of jobs, China expects to create 11 million urban jobs this year; for India, don't ask,' says T N Ninan.
Rejecting criticism of jobless growth, he said if state after state is creating good number of jobs, how can the Centre be creating joblessness?
Speaking at the India-Korea Business Summit, he said his government has worked towards creating a stable business environment and removed arbitrariness in decision-making.
"India is a welfare state and, therefore, we cannot allow either extreme poverty or inequality," he said.
Once stability returns to the secondary market, companies that have obtained approval from Sebi will start tapping the market.
With India leading the small SUV market and attracting majority of investments from Ford Motor Company, the country is set to become a hub for the US automobile major, a top official said.
7 states account for over 80 per cent of the total direct tax collections by the Union government.
The $100-billion SAIC would have a dedicated manufacturing facility in India, and would be the first Chinese automaker to do so.
Dutee Chand experienced the shock of her life when she was told by a doctor in November 2021 that level 1 cancer has attacked her body
Here's the full text of Prime Minister Narendra Modi's address to a joint session of the United States Congress, delivered on Thursday.
The US provides large investment opportunities for Indian companies in software, IT services, gas exploration
The ban in India would hit Chinese internet companies that were making headway in the world's fastest-growing mobile market.
Prime Minister Narendra Modi on Tuesday underlined the need for not promoting any restrictions on the supply of energy and called for ensuring stability while once again emphasising on resolving the Ukraine conflict through diplomacy.
According to the global financial services major, after the BJP's 'historic' election victory on May 16, hope for structural reforms has gone up.
Celebrating Kisan Diwas, e-retailing firm Snapdeal on Tuesday announced the launch of "The Agri store", offering products like seeds, fertiliser and irrigation tools.
One hopes in his next term, Narendra Modi will take up the mission of inculcating respect for following rules in Indians as a mission. Therein lies the chance for India to become a developed country, asserts Colonel Anil A Athale (retd).
Chief Economic Advisor V Anantha Nageswaran on Thursday said the economy is expected to grow at 6.5 per cent in the current fiscal notwithstanding deficient rains in August. India recorded economic growth of 7.8 per cent in the April-June quarter of 2023-24 against 13.1 per cent in the year-ago period. India's economy in Q1 grew at the fastest pace in a year, on the shoulders of a boost in capital expenditure both at central and state levels, along with stronger consumption demand, especially in rural areas, and improved performance in the services sector, he said.
Pakistan PM Nawaz Sharif may meet PM Narendra Modi in Washington on the sidelines of the Nuclear Security Summit, a top aide to Pakistan Premier said on Tuesday.
IDE, for the very first time has instituted the torch relay, which is part of the Olympic tradition but was never done in the Chess Olympiad.
Total committed investment in India now is over $5.
India, the world's fourth-biggest oil consumer, recently offered Saudi Aramco a stake in refineries and petrochemical projects.
The Bengaluru connection that's shaping Indian cricket.
Modi said his critics were seeing slowdown in the last two quarters but were ignoring that the BJP government had brought down inflation from 10% to 2.5%.
Tax administration could be improved to reduce discretion and improve accountability
The NRSC satellite imagery revealed that the lake covered approximately 162.7 hectares. Its area increased to 167.4 hectares on September 28 but drastically reduced to 60.3 hectares.
With fast changing mentality of the crowd here, the automakers are creating their own categories to attract more and more buyers.
Shah said that the people of the country will decide about the principal opposition party to BJP in the 2024 polls and they have not given this label to any party.
'A patient visits for any other treatment, but a routine Covid test finds him to be positive.' 'Not only are they, but their whole family is also coming out to be positive.'
'This encourages escapism through the politics and economics of nationalism, made worse by tribalism or nativism, the package accompanied inevitably by the erosion of institutional bulwarks and therefore State capture by powerful businessmen,' notes T N Ninan.
The finance minister is in Singapore for The Singapore Summit.
A bipartisan legislation has been introduced in the US House of Representatives to eliminate the per country cap on employment-based Green Card, a move which is likely to benefit Indian IT professionals languishing over decades of waiting for the Permanent Resident Card. The legislation was introduced by Congresswoman Zoe Lofgren and Congressman John Curtis. The Equal Access to green cards for Legal Employment (EAGLE) Act, 2021 needs to be passed by the Senate before it can be sent to the White House for the president to sign it into a law. A Green Card, known officially as a Permanent Resident Card, is a document issued to immigrants to the US as evidence that the bearer has been granted the privilege of residing permanently.
The government's programmes should be expected to generate some momentum, but the macro-economic numbers are not encouraging, observes T N Ninan.
Reliance Industries Ltd on Friday reported a 27 per cent jump in its September quarter net profit as earnings from the oil and gas business rebounded, and a pick-up in fashion and grocery helped boost retail revenues. The oil-to-retail-to-telecom conglomerate's consolidated net profit of Rs 17,394 crore, or Rs 25.71 per share, in July-September - the second quarter of the current 2023-24 fiscal - was 27.3 per cent higher than Rs 13,656 crore, or Rs 19.92 a share, earning a year back, the company said in a statement. The net profit was also higher quarter-on-quarter compared to Rs 16,011 crore earnings in the preceding three months ended June 30.
The vaccination drive was only one important part of India's globally recognised pandemic management and response strategy, observes Dr Vinod K Paul.
