The recurrent increases in fuel prices over the past 10 days are eating into the margins of transporters, who will be forced to pass on the hikes to their customers. This, in turn, is set to make the prices of daily consumables and other goods dearer, affect consumption, and slow economic growth, said transporters and analysts. Freight rates on grand trunk routes have shot up 3-4 per cent month-on-month in the past few days, according to the Indian Foundation of Transport Research & Training (IFTRT).
He reaffirmed India's resolve to fight terrorism in all its forms and manifestations and said peace and prosperity cannot coexist with terrorism, in remarks seen as directed at Pakistan.
Whereas the headline growth rate appears very respectable, India needs faster to growth to generate jobs.
'Unlike the Chinese army that has been largely a peace time force, the Indian Army is a battle hardened force,' explains Colonel Anil A Athale (retd).
Reforms have to accentuate if we have to reach a double-digit growth rate. That's the only way to be able to spend more on social issues like health and education, says Jagdish Bhagwati.
Trump can afford to say that COVID-19 is a 'China virus', but we can't expect Modi to say that aloud while his actions may speak louder, says Rup Narayan Das.
India has much to be proud of and celebrate. But there is also much that is wrong, much that looks dangerous. Employment, current account deficit, rural distress, agricultural productivity are all in deep crisis, points out Shekhar Gupta.
Chinese foreign ministry spokesman Zhao Lijian told a media briefing that "the Indian side should fully recognise the anti-China separatist nature of the 14th Dalai Lama."
'When you need to revive the economy, when you need to revive aggregate demand, you cut taxes.' 'But what's this government doing?' 'It's increasing taxes for the middle class and the vast majority of the poor on fuel, which has a ratchet effect on most other products.'
December 3, 2021 marks 50 years since the beginning of the 1971 War which ended in a decisive military victory for India and the liberation of Bangladesh. Most analysts of the 1971 War agree that the IV Corps dash across the mighty Meghna river led by the brilliant General Sagat Singh was the turning point in the war, recalls military historian Colonel Anil A Athale (retd).
The article is in stark contrast to the TIME cover story done on Modi earlier this month titled 'India's Divider in Chief', written by Aatish Taseer, son of Indian journalist Tavleen Singh and late Pakistani politician and businessman Salmaan Taseer.
Amartyada, says Omkar Goswami, thank you for being the humane, caring and socially concerned economist that you are.
It is a trend that economists and researchers say might continue. The data shows the share of this age group in the net EPF accounts created - a proxy for net new formal jobs created - fell from 37.9 per cent in 2018-19 to 24.1 per cent in 2021-22.
'Is China's intention not clear?' 'Do we still think that if we are nice to China, it will be good to us?'
Modi on the global stage always comes across as a statesman, counselling peace and amity to world leaders even as his policies at home hurt certain sections, explains Virendra Kapoor.
India should not be left behind. It should join the seven central banks which are studying feasibility and safeguards necessary to eliminate risks, particularly from hacking, advises former foreign secretary Shyam Saran.
Here's the full text of President Ram Nath Kovind's address to the nation on the eve of 72nd Republic Day.
Here's the full text of address to the nation by President Ram Nath Kovind on the eve of the Republic Day 2022.
'Give cash assistance of Rs 75 per person per day and an android phone and you will see the economy reviving.'
China's behaviour in the post-pandemic geopolitical landscape which may determine the Quad's future trajectory, notes former foreign secretary Shyam Saran.
The president made a special mention of the threat to the environment and asked all citizens to take care of it for future generations.
'Their idea of unity is uniformity. They disrespect and fear diversity which means they deny our pluralism, our freedom of choice, which are integral to our fundamental rights'
'Potent nationalism doesn't just distract from the economic task at hand; it actively undermines it.'
'Any normal human being, even if he is the American president, will find it hard, at least in the initial stages, to get over the gnawing feeling that Modi is Trump's man.' 'Modi should not be surprised if India and its requirements are treated as of low priority by Joe Biden,' warns B S Raghavan, the distinguished civil servant.
The greatest challenge before India is how to strike a fine balance of its relationship between its neighbour and strategic rival China, and the US.
The BRICS summit made clear that China's support for Pakistan is unwavering. China will continue to pressure India to ease tensions with Pakistan and resolve the Kashmir dispute.
Subramanian was the Dennis Weatherstone Senior Fellow at the Peterson Institute for International Economics and Senior Fellow at the Centre for Global Development in the US before joining the ministry.
The fault line between the West and Russia has widened into a deep chasm and this is likely to endure in the foreseeable future. Far from forcing its way into the European tent, Russia may be reduced to the status of an even more sullen and weakened bystander on its periphery. The US appears to have won this hand with little cost to itself, observes former foreign secretary Shyam Saran.
'India will keep trying to avoid conflict.' 'This is the moment when we draw a line in the sand.'
'India's relationship with China has been and will continue to be complex, delicate and sensitive,' says Rup Narayan Das.
In a virtual address at the Summit for Democracy hosted by US President Joe Biden, Modi said India would be happy to share its expertise in holding free and fair elections and in enhancing transparency in all areas of governance.
India has an unprecedented opportunity to develop solar industry because like China, it offers scale which is critical to reducing costs and to stimulate innovation, says Shyam Saran.
BCCI president-elect Sourav Ganguly said the achievement of Nobel prize winner and fellow Bengali Abhijit Banerjee is much bigger than his.
With the signing of the pact, the Quad grouping of India, Japan, Australia and the US is set to gain more heft now, notes Dr Rajaram Panda.
The most pressing issue facing the financial sector is the rising stock of non-performing assets in the banking system
Besides Surat, which will also be the world's fastest growing city during 2019-35, the other nine cities are Agra, Bengaluru Hyderabad, Nagpur, Tiruppur, Rajkot, Tiruchirappalli, Chennai and Vijayawada.
'Today, there is pervasive fear in society; an uncertainty of what might happen.' 'This has forced Muslims to shrink further into mental ghettos, with many considering extreme measures like pretending to change their identity.'
Addressing a meeting of AICC general secretaries and state-incharges which she presided over, Gandhi also alleged that the country was being ruled by a government which was "systematically" handing over the rights of citizens to a handful of crony capitalists.
President Ram Nath Kovind addressed the nation on the eve of India's 75th Independence Day. Here's the text of what he said:
The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.
