A comprehensive solution involves a complete overhaul of our education and training model.
Might end up with a smaller slice as more contracts get restructured, warn analysts.
Barry Eichengreen, professor of economics and political science, University of California, Berkeley, analyzes the transparency of the Reserve Bank of India, the growth rate of the Indian economy and why he feels globalisation can never be rolled back.
Surprisingly, RIL scrip also fell by 2.73 per cent to 1,029.15, becoming the second biggest loser in the index
Input prices rose at their fastest rate in 14 months but manufacturers absorbed much of the increase
The 30-share Sensex closed down 115 points at 28,444 and the 50-share Nifty ended down 31 points at 8,524.
Sensex, Nifty put up a good show in closing trade.
A gradual weakening of the rupee, however, may add to inflationary pressures.
Markets have witnessed a gap down opening mirroring losses in the global equities with US markets taking a hit on worries about the health of Chinese economy.
Even US equities are now back to end-2014 levels.
The immediate concern for the rupee is the sharp spike in oil prices
The 'Make in India' vision cannot survive in the long-term without concrete measures to build a concurrent 'Create in India' movement.
Hong Kong is the world's freest economy according to the Index of Economic Freedom 2015.
US rate hike fear keeps Asian firms in check; India most upbeat.
On India achieving higher growth, Rajan said 9 per cent, which is the widely believed potential growth rate of the economy, is still some time away.
The broader markets outperformed the benchmark indices- BSE Midcap and Smallcap indices gained 0.4% each
Ministry considering tax sops for India's first global financial centre, steps to liberalise futures and options markets.
UBS said RIL's $10 billion petchem capex by 2016 will drive 12 per cent volume CAGR.
'We are in the middle of an unprecedented SIP revolution.' 'Monthly inflow through SIPs will be Rs 15,000 crore to Rs 20,000 crore soon.' 'Traditional avenues of Indian savings like bank fixed deposits, gold or real estate are no longer attractive to invest.'
India must focus on reforms.
We are entering a period of turbulence, but you can profit off that volatility.
So far, India has attracted over $20 billion in the debt segment, thanks to the rate differential.
RBI might not cut rate on June 2 but will surely cut soon.
India will also play an increasingly important role as one of the Asia-Pacific region's major economic growth engines, helping to drive Asian regional trade and investment flows.
In the last financial year, GDP growth was 7.3 per cent.
Cleaning up India's grubby business climate is top of the agenda for both regulators and the government.
Sensex in green, midcaps, smallcaps fail to show up; bluechips rule.
Indian economy has good fundamentals and sizeable foreign reserves, RBI Governor Raghuram rajan said.
If your fund's expense ratio has risen dramatically after Sebi's recent changes, compare it with the category average before switching.
Asian Paints was the top gainer after the paints major posted robust first quarter earnings.
Prime Minister Narendra Modi has high hopes from the VibrantGujarat Summit.
And no, the commercial sporting leagues didn't cause the drought, says Shekhar Gupta.
Campus placements are already in full-swing and hiring plans of many companies, whose expansion plans were stuck due to policy paralysis, are now getting green signals.
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The 30-share Sensex ended 117 points higher at 26,560 and the 50-share Nifty gained 31 points to end at 7,936.
While the UK will possibly go into recession, the bigger fear is copycat referendums from other EU nations.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
When Dipa Karmakar launches into her soaring vault at the world championships, chances are that none of her rivals will be aware that the foundations of the skill were built on makeshift apparatus made by stacking several crash mats on top of each other.
If you simply understand that you do not understand the sock market, that will be a favour. A big favour...
Fund manager Gautam Sinha Roy shares what he has learnt from Warren Buffett, after attending Berkshire Hathaway AGMs over the years
'We have integrated start-up space created in almost all the 14 district headquarters of the state.'
'They have incubation facilities providing entrepreneurs common facilities like shared software, legal support, fab labs, hardware, manufacturing facilities and services like chartered accounting facilities, etc, enabling the start-ups to concentrate on technology R&D and product development.'
