The economy could return to 8% growth by the end of 2017-2018, says Arvind Panagariya, vice-chairman NITI Aayog.
Now, the world over, policymakers are dusting off their copies of Keynes' classic, The General Theory of Employment, Interest and Money, and figuring out whether there are any answers there to our own challenges of growing our economies.
'The finance minister and the government have met the immediate challenge. The wine this time is new and also in a new bottle, which, though not full, is less than half empty.'
Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.
From dating apps to events, the shrinking community is innovating ways to encourage the young to marry within the faith.
High price, combined with the decision to go only for diesel and position it as a crossover, resulted in its limited success
'Today, three areas give banks a big headache -- steel, power, infrastructure.' 'Three Cs are very critical in lending -- character, capacity and collateral of the borrower.'
The centre's promise of a new deal for the states is a welcome development.
Mondelez India promotes cocoa cultivation in India.
'One thing is sure: After this Budget, no Ambani-Adani tag will be attached to the government.'
M R Venkatesh, chartered accountant turned political commentator tells Shobha Warrier/Rediff.com that Modi's war is not against the opposition parties or the Congress but against the bureaucracy and the establishment.
Most adult Indians should have access to bank deposits, credit and remittance facilities as well as insurance and mutual fund products in the next decade, and technology will play a big role in this transformation, says Tamal Bandyopadhyay.
Keep at least one family member in the know of all your investments
Opposition on Monday picked holes in various government decisions like demonetisation and surgical strikes as well as allocation of funds for MNREGA, agriculture sector and Scheduled Castes, saying it has failed on all fronts despite which it is trying to "fool" the people.
Finance Minister Arun Jaitley witll spearhead the campaign with BJP President Amit Shah as its chief strategist.
'This wipes out the entire black money in the nation in one stroke. Ninety per cent plus of the black money is kept in Rs 500, Rs 1,000 notes. What they have done is a brilliant move.'
'The numbers have been scaled down for the Trinamool Congress. Today, the upper number of victories seems to be 30, with 25 seats being the realistic option. The Trinamool Congress may still be the largest non-BJP, non-Congress party in the next Lok Sabha, but it may not make it to the Cabinet table, leave alone sit in the top chair,' says T V R Shenoy.
As Prime Minister Narendra Modi is set to deliver his third Independence Day speech on August 15, he is inviting ideas from citizens on issues he should speak on
In a marathon address to the nation from the ramparts of the Red Fort, Prime Minister Narendra Modi on Saturday underlined India's unity and diversity and the progress of his 15-month-old government's policies.
The proposed changes to the child labour law to allow children and adolescents to work for their families would be most retrograde and regressive, say Shinzani Jain and Paranjoy Guha Thakurta.
BJP President Amit Shah -- arguably the second most powerful politician in the nation -- granted a rare television interview to the Network 18 group of news channels. Rediff.com's Rajesh Alva checks out what the BJP boss said in this word cloud assessment of the interview.
Muzzling NGOs is unbecoming of a democracy. Self-confident democracies encourage, indeed applaud, the involvement of citizens' associations, including NGOs, in social and political decision-making and development planning. Instead, our paranoid government bullies and terrorises them, says Praful Bidwai.
'J&K continues to have the highest concentration of military personnel anywhere in the world and the alienation of the Kashmiri has increased in the last ten years than ever before.'
