Household consumption recovered in urban India in May-July but remains weak in rural.
As FY20 Budget fiscal measures need to be better understood, a reversal of the stance back to neutral will allow MPC flexibility to respond to incoming data.
Belying all expectations, the Trinamool Congress registreted a landslide victory in West Bengal assembly elections, overcoming the might of the Bharatiya Janata Party after a bitter campaign that had turned into a virtual duel between Chief Minister Mamata Banerjee and Prime Minister Narendra Modi.
The growing Indian diaspora settled in US totals over 1.9 mn.
'Aamir Khan, Shah Rukh Khan and Salman Khan now act in only about one film each year, and made money through advertisements and television.' 'This meant that many people, even if they had the money to spend on a movie and wanted to go, often had nothing available for them to watch.'
'With the largest number of malnourished people on the planet, India is poised to be a nation that significantly under-performs as an economy.'
Unlike our past generations, spending has taken priority over saving. And a major contributor to this trend has been the increasing use of plastic money aka credit cards. Here are eight things you could do to ensure that you use your credit card wisely.
Business subsidies may attract tax
India's human development indicators show that deprivation extends well beyond the 22 per cent of population who live below the official poverty line.
The pandemic has confined students across all ages to home and digital education is the only way to continue learning.
Experts say it will now be tough for the Modi government to catch up with the UPA's economic record owing to the shock induced by the currency demonetisation.
'The stimulus message was tagged on to what was meant to be an exhortation to self-reliance, glossing over the near impossibility of merging the immediate requirement of relief for a huge population and a questionable strategy for the future trajectory of a large economy aspiring to superstardom,' points out Shreekant Sambrani.
'This confrontation could have been avoided by a less arrogant administration that initially listened, used whatever negotiating skills they had and tried to be more credible,' observes Ramesh Menon.
What do you think of the new tax return? Do you feel the government has the right to poke its nose into your financial matters, especially when you are an honest taxpayer?
'When we say we want to increase pension participation, do we want to increase participation through the savings route?' 'Or do we want people to save in specific pension products?' asks Renuka Sane.
Certain key initiatives are necessary to build a greater momentum towards growth and increased penetration of the insurance industry. Strong reforms are required to help the general insurance companies break even in intensely competitive market conditions. The recommendations are here. . .
'Will you declare MSP for 100 odd crops that the farmers of India grow?'
While foreign currency rating was retained at Baa2 -- the second-lowest investment grade score -- Moody's also projected a fiscal deficit of 3.7 per cent of gross domestic product in the year through March 2020, a breach of the government's target of 3.3 per cent.
'If you enjoy learning and if you can risk the failures, entrepreneurship can be a rewarding, enriching experience.'
India's economy is showing signs of slowdown, with hi-frequency indicators like industrial output posting subdued growth and automobile sales touching historical lows.
With schools closing down, many girls and their female family members in rural and urban areas now don't have access to sanitary pads.
Minutes of the MPC meeting show Das felt economy needs more monetary stimulus as inflation outlook remains uncertain.
'No matter how many government schemes there are for the poor, the system works more for the privileged, less for the little guy,' notes T N Ninan.
The Shimshal Mountaineering School in Pakistan is training students, many of them women, to scale some of the world's highest peaks.
The Credit Suisse report has estimated the middle class on the basis of their wealth rather than their income, says Prachi Salve ' IndiaSpend.
She also accused the Union government of making "false claims" about crop insurance benefits to the farmers, even as the state government was bearing 80 per cent of the cost.
The reason for the windfall: the soaring value of their stock awards.
'With more and more young people relocating outside their home states for work, an all-India MLDA of 21 would be a good way to ensure that more Indians can go with the flow,' recommends Kanika Datta.
Indian students planning to study abroad this year have to pay higher fee, fund their quarantine stay and also compete for on campus work opportunities.
'The number of deaths attributable to warming is likely to rise in the future.'
The proposed 'Investor Survey' would cover the entire country -- 29 states and 7 union territories -- and would have a sample size of approximately 50,000 households and 1000 market participants.
The revised salaries of central government employees are likely to be paid from July 1, 2016.
Over the next five years, it will be Narendra not Nitish who will be under pressure to deliver vikas and atmanirbharta in Bihar, notes Kanika Datta.
'As hard as it may be, as uncomfortable and contentious as the debates may be, it's time to get serious about fixing the problems that are hampering our growth.'
The World Bank said improved infrastructure, specifically rural electrification, has had far-ranging effects
The minimum support price for the rabi season will not radically alter the falling trajectory of farm incomes
'If you see the composition of items which are causing this spike in prices, most of them have little to do with the kharif harvest, except for pulses and vegetables to some extent.' 'I don't know on what basis the government is claiming that food prices will moderate in the weeks to come.'
Overcrowding, unsanitary conditions in Asia's largest slum pose big challenges to containment.
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