How soon can India reach a point when there is no hidden underemployment and all who want work can find it at a fair wage and decent work conditions, asks Nitin Desai.
According to the global business information, knowledge and insight provider, India is likely to achieve an average growth rate of around 7.5 per cent during FY15-FY20.
A majority 56 per cent Indian employees would rather save more as compared to 29 per cent who would prefer to work a few years longer.
The U.S. economy grew faster than initially thought in the second quarter.
In India, Sartaj Azizis respected as a man of grace, wit and patience. He is a wizened soldier of many diplomatic battles between the two neighbouring nations
With future prospects being difficult to predict, hiring for a short period is proving to be cost-effective
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
If the projections come true, then India would regain the tag of the fastest growing major economy of the world, crossing China with more than 0.7 percentage point in 2018 and an impressive 1.2 percentage point growth lead in 2019.
'India is still a cash economy.' 'For a common household, almost everything from grocery to maid services is paid in cash.' 'The demonetised notes account for 85 per cent of the currency in circulation.' 'Until fresh notes flow back into the economy, day-to-day transactions ordinarily done in cash will be impacted.'
Japan's Nikkei fell 0.5% and South Korea's Kospi lost 1.3%.
Prime Minister Narendra Modi will push for stepping up global cooperation against the key issue of cross border tax avoidance and evasion at the G20 summit
Prime Minister Narendra Modi on Tuesday sought unity among Asian countries and said they must work as Asians to shape the world and reform the global institutions of governance, including the United Nations.
India is seen as a good destination to relocate to as expat parents enjoy greater opportunities to make significant financial savings.
RBI said inflation in the second half of the current fiscal is projected at 2.7-3.2%. It retained its GDP forecast for the current fiscal at 7.4%
My sense is that we are in a situation similar to 2011-13, notes Debashis Basu.
Auto makers are in the midst of a rally with the NSE auto index up 17.5 per cent since the start of February.
The Analysis lists a number of steps taken by the government that have contributed to both positive short-term outcomes, such as lower food inflation, and the capacity for more equitable growth, through financial inclusion.
The time is ripe for debate on city governments in India.
Devangshu Datta predicts the good, the bad and the ugly of currency trends for the coming year.
Despite recent setback, these remain the most appropriate tool for international diversification
Growth under NDA has been reasonable, inflation, exports and job creation are problem areas
The committee said the move 'clearly undervalued the company and its long-term growth prospects'.
China's white paper on Asia-Pacific security cooperation extends an olive branch to India. It mentions India 15 times -- a record in all Chinese white papers issued so far. New Delhi's response will need to be carefully calibrated, says China expert Srikanth Kondapalli.
It is significant that the PM's appeal to invest in India comes at a time when the global economy is facing a difficult phase
India builds up record FX after Fed hints rate hike in future.
The Bank suggested reforms in infrastructure sector.
Market breadth ended weak on the BSE with 1,838 declines against 1,218 advances.
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China is the top greenhouse gas emitter, ahead of the United States, the European Union and India.
"The basic idea is that India would like to continue to be the most beautiful woman wooed by all men, notably the two strongest in the house, US and China," the article titled 'Indo-US strategic distrust stalls LSA signing'.
Bullion may settle with limited upside potential
Drivezy is helping people share their vehicles.
The Reserve Bank of India (RBI) is expected to hold its policy interest rate at 6.75 per cent next week to stifle inflation.
The Indian rupee slumped to a record low near 69 to the dollar on Wednesday on growing worries that foreign investors will continue to sell out of a country facing stiff economic challenges and volatile global markets.
Organisations believe that a stable govt will boost their business
Industrialists affirm their belief that the adverse effects of demonetisation and the goods and services tax are finally over.
"While the risk of a correction goes up in the near term, on a long-term basis the Indian market is on an absolutely strong footing."
'We are at $2.7 trillion and 2024 is not far away.' 'The country will need to grow by 9% every year for 5 years continuously and raise the aggregate investment rate to 38% of GDP to achieve the government's target of turning India into a $5 trillion economy.' 'Given the fact that we are only growing at about 5% and our investment rates are only about 30%, it may take a number of years before we can reach that targeted level.'
China has cast a long shadow on India's economy.
'The Indian version is that the two top diplomats merely exchanged pleasantries, while the Pakistani side characterised the encounter as an 'informal dialogue'.' 'The truth, as always in such piquant situations, is somewhere in between.' 'It stands to reason that ice has been broken,' says Ambassador M K Bhadrakumar.
The convertibility is RBI Governor's 'next big ambitious goal'.
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