Prime Minister Manmohan Singh on Friday disagreed with those in the Congress who were dismissive of the challenge posed by Narendra Modi but asserted that the party would approach the 2014 Lok Sabha polls with self-confidence, irrespective of the results of the just concluded elections in five states.
Sanjay Mathur, managing director and head of economics research for Asia Pacific (ex-Japan), Royal Bank of Scotland, tells Business Standard that in the emerging market pack, India needs to learn lessons from Korea and Taiwan, which have managed their economic situations well.
'The armed forces have been given clear indication that they have to give priority to Make in India and indigenisation and dependence on foreign source should be reduced.' 'Almost Rs 90,000 crores contracts have been signed during my tenure. Another almost Rs 70,000 crores are in the pipeline.'
The Wuhan meetings signify an incremental shift in China's position on India as well as each country buying time for the next phase of bilateral relations, says Srikanth Kondapalli.
'Swachh Bharat Cess imposed last year should be made broad-based.' 'Budget should be predominantly economy/ business-oriented and problem-solving rather than political consideration-based.'
'Xi Jinping is keen that the second Trump-Kim summit happens soonest.' 'Kim is reported to have told Xi that he expects to achieve a result from a second summit that the international community would welcome,' points out Dr Rajaram Panda.
The 71-year-old MP may have time to pursue her other interests, but many believe that she will continue to play the role of a mentor.
The 13-page joint statement issued after Prime Minister Manmohan Singh's annual summit with Russian President Vladimir Putin shows the breadth and depth of relations between the two countries and the trust factor that has been constant element behind it.
India-Israel relations are at a crossroads. Simply chanting old hackneyed mantras on terrorism, secularism, democracy, et al, won't suffice. There is danger of stagnation setting in, says Ambassador M K Bhadrakumar.
In a move that may thaw the 34-year-old icy relationship between the United States and Iran, US President Barack Obama on Friday called his Iranian counterpart Hassan Rouhani and "exchanged pleasantries" in a 15-minute conversation.
United States Vice President Joe Biden on Monday left for a rare vice presidential trip to India for the first leg of his visit to the Asia-Pacific region.
Chances of a sudden collapse in the Shanghai Composite are remote.
A fall in the rupee could boost exports. But the flip side of the equation is that a weaker rupee could stoke some inflation
On February 22, 2013, the Reserve Bank of India issued guidelines on 'Licensing of New Banks in the Private Sector'.
From farmers to cement, steel, logistics, transportation and automobiles, the back-end is struggling to get going due to the liquidity crisis.
Substantial gains can still be made with good policies and initiatives.
What is required from government is intellectual framework.
Thanks to rupee depreciation, India has a chance to fundamentally rework its stifled manufacturing sector.
Dr Raghuram Rajan's departure holds lessons for all, be it sections of the media, politicians or the people themselves. We need to learn how to value and retain talent. At the same time the talented must realise that talent alone does not ensure the top job, says Sanjeev Nayyar.
The President said Indian economy grew at 5.7 per cent during the first quarter of 2014-15.
'You cannot judge a government within a month. Give us five years' time.' 'At times, strict economic decisions have to be made for the good of the poor in the long run.' Dharmendra Pradhan, one of the Modi government's stars, speaks exclusively to Sheela Bhatt/Rediff.com about why the government is forced to roll out 'bitter medicine.'
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The catalyst is the run on emerging market equities, but many investors are just tired of waiting for India to get its act together.
India's economy is not like Western ones, and thus needs restrained fiscal policy even during a recession, says Ajay Shah.
The global economy is fragile now. It continues to face both long-term and short-term issues.
In spite of the high number of exits, Reliance group firms of both brothers continue to be darlings of small investors
In a meeting with the commerce minister, India Inc hammered Sharma on the collapse of investments, structural nature of the current account deficit and stagnant growth in agriculture.
Will Citibank gain from India's position among emerging markets?
Percy Mistry says things at market regulator Sebi are also in bad shape.
Modi is optimistic that the reforms will be passed soon.
'Will 'Make in India' be able to harness the demographic dividend so it does not become a disaster?' 'Will 'Digital India' live up to the lofty promises the government and private sector made as part of its recent launch?'
'India's military posture has become significantly stronger than China's on the 3,500-kilometre Line of Actual Control.' 'This is enhancing confrontation between the two sides,' points out Ajai Shukla.
'You may show at the end of December how much money has come into the system, but none would be the wiser because most of see only what we want to see and believe.' 'Some of us will see through it and you will make your proxies call us enemies of the State.' 'I was somewhat with you till here. But we diverge from here on until you can do something which will veer through my cynicism brought about by your policy,' says Harsh N Gokhale.
Benchmark share indices ended lower for the third straight session as investors turned cautious amid tensions in Iraq even as consumer durables shares stole the limelight tracking rally in gold prices.
Hijacking of an aircraft will now entail capital punishment in the event of death of "any person" as Parliament on Monday passed a bill to provide widen the ambit of the law in dealing with this crime.
The finance ministry has put out a revised draft in public domain.
Because of India's weak fiscal position, the plethora of debt-burdened infrastructure companies and the poor asset quality of public sector banks, economic growth in 2015-16 may be limited to about six per cent, say Shankar Acharya.
Spread over two days -- Friday and Saturday -- at a picturesque desert resort in Southern California, Obama, 51, and Xi, 59, had several rounds of meetings and a candle-lit dinner spread over nearly eight hours on a range of bilateral, regional and global issues.
'Without doubt, Narasimha Rao confronted huge challenges. Yet, in the very brief period I saw him at the closest of quarters, I have to say that he was simply magnificent. A lifetime of circumspection gave way to courage.'
Most expect these bubbles to break in short order and cause serious financial pain to anyone who's foolhardy enough to remain invested in financial assets.
While trying to persuade North Korea to give up its provocative actions, engaging China is the first hurdle that world leaders will have to deal with, says Rajaram Panda.
