'Unless we start making the products we need, we cannot become a developed country or call ourselves an economic power.'
Prime Minister Narendra Modi will on Friday launch two schemes of the Reserve Bank of India (RBI) that may go a long way in changing how the household sector invests, and complains if anything goes wrong with their savings. These schemes - retail direct and an integrated ombudsman - will be launched by the Prime Minister virtually, in the presence of Finance Minister Nirmala Sitharaman. With the introduction of retail direct, a common man can directly take a position in government securities (G-Sec), considered to be the safest asset class a sovereign can offer.
'Is standing in a queue any bigger sacrifice than that of a soldier's family?'
'People are getting admitted to hospital two to three days before their death in a very serious respiratory compromise state and they are passing away within 48 hours.' 'Those who are coming early in the disease, the minute they are suspicious that they have COVID-19, the recovery rate has been much, much, higher.' 'The moral of the story is: We must destigmatise COVID-19.' 'People should be told: 'Look, if you have anything like this, please come immediately'.'
The new Budget would do well to fill up the gaps and pave a strong way forward to ensure that the optimism surrounding it is not short-lived.
India has one thing that China has - the potential to be of interest as a huge market in its own right.
The shortage of skilled workers in India is one of the country's biggest challenges.
Finance Minister Nirmala Sitharaman on Monday presented the Budget for 2021-22 in the Lok Sabha that is expected to provide relief to the pandemic-hit common man as well as focus more on driving economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours, As India emerges from the COVID-19 crisis, the ninth Budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
Educate yourself about your car insurance policy's terms and conditions before buying or renewing it, suggests Animesh Das, head of product strategy, ACKO General Insurance.
Nearly 31 million Indians are unemployed and looking for jobs. While economic growth has been humming along, the pace of job creation has been poor. A revealing excerpt from Dev Kar's India: Still A Shackled Giant.
One may fault this government for incompetence, corruption, and delayed action but it cannot be faulted for lacking a vision.
There is nothing to worry about while buying an online life insurance plan because the benefits you get are completely genuine and the plans are the same that are available offline, just that you can get them at a much reasonable rate and so you must take advantage of the benefits they provide.
'Economic issues do not matter during elections; it is the emotional connect that helps swing votes.'
Be it loan waiver or DBT transfer, it only helps in creating a "feel good" factor and postpones the problem for some time if structural problems are not handled.
A collapse in global oil prices has unleashed a wave of monetary easing.
The replacement hired for women dropping out is invariably a man
The IMF chief listed three key policy areas for women's empowerment as the education, getting a job and having a family.
'Dr Rajan is often preachy with commandments aimed at nobody in particular,' complains M S Sriram.
During the UPA government's second term in office, rural India's consumption expenditure grew at a faster pace than urban India's - for the first time since 1991.
Post office savings of 1, 2 and 3 year term deposits and 5-year recurring deposit currently fetch 8.4 per cent interest per annum.
Free provision of food, cash transfers, and jobs in villages see enhanced flow of funds despite a precipitous fall in revenue. Till May, defence spend was nearly 30 per cent less than the previous year.
'President Kalam pitched his dreams high. He will be best remembered for that feat.'
The hostile environment towards outsiders under the Trump government is a major reason, say experts.
'A P Venkateswaran left an indelible impression on Indian diplomacy and made an incredible number of friends, who kept remembering him, more than other Indian diplomats, who served at those posts.' Ambassador T P Sreenivasan salutes a legend of the Indian Foreign Service who passed into the ages.
India will welcome two trade missions in 2015 focused on meeting its infrastructure needs with US technology and services.
'The uneducated think of their rights as a gift. This is deeply troubling.' 'If they were educated they could claim what is rightfully theirs.'
Employees can take 'unlimited bereavement leave' in case of loss of a family member. All employees are encouraged to take breaks on a daily basis. This includes a mandatory 1-hour lunch break where no other meetings can be scheduled.
Rajan said in order to export, one needs to be able to import things that go into those exports as cheaply as it can.
It is important to understand the resources that each boarding school offers.
'If the Union Budget can provide incentives for animal spirits to come as well as induce demand stimulus and consumption, the Budget would have done a wonderful job.'
While we have our wish lists ready, it's only on February 28 that the verdict will be out. We do hope the FM plays Santa and brings some good cheer in this financial year. Meanwhile let's take a moment and list our expectations.
RBI takes steps to control inflation but the masses are not convinced.
India can become a better place to do business only when exports begin to boom.
Only 2.3% of the Indian workforce has undergone formal skill training, as compared to 68% in UK and 52% in the US
Initiated move to privatise Air India, but reports on poverty and cast census remained unfinished
Wondering if you did the right thing with your mutual fund investments?
Climate change, air quality, nutrition, even connectivity are joining the political agenda, and it will force a shift in policies.
China's Xiaomi to unveil its first India-made phone on Monday
On the index, India has a score of 4.52 while that of Switzerland is 5.81
India Inc is encouraged by a determined Budget.
