India is set for decent growth in 2015.
Till now, the maximum Bharat Ratnas were awarded in 1999 when four recipients were given the coveted award.
'We should not underestimate the power of Hindutva.'
Indian Ambassador to the US, Harsh Vardhan Shringla said the United States, today, is not only India's largest trading partner, but most importantly, the two countries enjoys excellent people-to-people contact.
If the economy gains momentum, that is a big positive for markets, given the strong macro of low inflation, falling rates, and a stable rupee, says Akash Prakash.
In a memorable year for the equity market, Dalal Street investors added a whopping Rs 81.90 lakh crore to their wealth in 2023 as a raft of positive factors powered a stellar rally in stocks. Experts said India's strong macroeconomic fundamentals, political stability owing to the BJP's success in recent elections in three significant states, optimistic corporate earnings outlook, signals from the US Federal Reserve about three prospective rate cuts next year and heavy retail investors participation played a major role in fuelling the stock market rally in 2023. In the year 2023, the 30-share BSE Sensex jumped 11,399.52 points or 18.73 per cent.
'Election funding needs a little more transparency.'
Industrialist and former MP Naveen Jindal quit the Congress and joined the Bharatiya Janata Party on Sunday, saying he wants to contribute to Prime Minister Narendra Modi's agenda of 'Viksit Bharat'.
The government had earlier announced the country's highest civilian honour for L K Advani and Karpoori Thakur.
Neither Modi nor Shah had held legislative or executive power in Delhi before 2014. They have no training in appealing to the diversity of India as represented in Parliament. Their prism is the provincial politics of Gujarat. An exclusive excerpt from Vinay Sitapati's fascinating new book, Jugalbandi: The BJP Before Modi.
...close to the 2024 general election. The BJP calling the Congress 'seasonal Hindu' is as laughable as the saffron party sparing itself the title of 'seasonal extreme Hindu.'
How else should one describe its election campaigns of the past years?
It was typically obsessive religion and personality cult with economic development for fig leaf, asserts Shyam G Menon.
'Like every Budget, this time, too, there is chatter around tinkering with the long-term capital gains tax.' 'Investors may not want to jump into the markets until there is clarity on this front.'
The scaling up of the India-US strategic partnership to the level of non-NATO ally with defence deals, sharing and transfer of defence technology, interoperability, joint collaboration and joint production of defence equipment has exacerbated Moscow's anxiety, notes Rup Narayan Das.
The prestigious Columbia University in the United States has established a chair in Indian Political Economy to be named after noted economist Jagdish Bhagwati.
Ramaswamy was a distant fourth with 7.7 per cent of the votes polled in the Iowa Caucus
The disconnect with the AAP is that its economic agenda sounds suspiciously like Indira Gandhi's of the early 1970s: more subsidies, higher taxes, regulation of private school fees, free water, et al.
You don't want to fight and do trade at the same time. Meanwhile, diplomacy is going on and sometimes solutions to difficult situations do not come in haste, Jaishankar asserted.
Rejecting criticism of jobless growth, he said if state after state is creating good number of jobs, how can the Centre be creating joblessness?
A senior Indian government official posted in Sri Lanka sustained grievous injuries in an unprovoked assault, the Indian high commission in Colombo said on Tuesday as it urged its nationals to remain aware of the latest developments in the island nation and plan their movements and activities accordingly.
As Chandigarh braces for a fierce contest between Congress candidate Manish Tewari and the BJP's Sanjay Tandon, its industry leaders harbour a fervent wish: Replicate the success of the National Capital Region model in this Union Territory.
India's stiff labour laws were one key issue that Apple CEO Tim Cook discussed with Prime Minister Modi on his recent visit.
With the frontline Indian benchmark indices trading near all-time highs ahead of the general elections that begin later this week, Marc Faber, Editor and Publisher of "The Gloom, Boom & Doom Report" tells Puneet Wadhwa that the Indian stock market is relatively expensive, especially the index (large-cap) stocks.
Most of India's oil supplies are expected to stay safe because of the country's good relations with both Russia and Iran. That would take care of over a third of India's supplies.
'In case the El Nino pattern plays out negatively and/or the political situation becomes messy, we may see markets correcting and waiting for the situation to become clear by early/mid-2024.'
Even a doomsayer like Nouriel Roubini says India is in a sweet spot. If only we'd live up to the promise, says Shekhar Gupta.
The four incumbents -- Ami Bera, Raja Krishnamoorthi, Ro Khanna and Pramila Jayapal -- are likely to be re-elected. All four are from the Democratic party.
Smaller stocks have emerged as Dalal Street's favourites in 2023 that has turned out to be a "great year" for equities, rewarding investors with big gains, driven by optimism over the country's macroeconomic fundamentals and heavy retail investors participation. Experts said equity markets are experiencing a prolonged bull run and it is during this time that the midcap and smallcap segments tend to outshine their larger counterparts. Till December 22 this year, the BSE smallcap gauge has jumped 13,074.96 points or 45.20 per cent while the midcap index has surged 10,568.18 points or 41.74 per cent.
Any further economic progress will invariably depend on reforms - not in our economic policies but in our political process.
Addressing Bharatiya Janata Party MPs at an event to mark the 53rd death anniversary of Deendayal Upadhyay, a party ideologue who had founded its progenitor Jana Sangh, Modi said the saffron party always puts "rashtraneeti" above "rajneeti" and gives respect to even its political rivals.
'The biggest risk to the Indian markets from a 12-18-month view is that the current government does not get re-elected, or loses in a way that is not represented at all in the next central government.'
His comments come against the backdrop of a campaign by Opposition parties, including the Trinamool Congress, which has claimed that applying for CAA would turn legal citizens into foreigners.
August 15, 2023 became for me, an extraordinary Independence Day. I will remember it as the day the country's largest political party -- one that struts around like a colossus and tutors us in apt behaviour -- suddenly looked bankrupt in terms of ideas and had to take out a personal guarantee from the prime minister to underscore its capacity to deliver our future, observes Shyam G Menon.
Indian-Americans have relatively more conservative views of policies in India while on issues affecting the US, the diaspora has a more liberal take, according to a survey of the political attitudes of the influential community in this country.
Pakistan-India bilateral relations remained frozen for the fourth year over the vexed Kashmir issue but analysts hope the strained ties could be repaired if Nawaz Sharif becomes the prime minister for a record fourth time in the general elections in February in the absence of his main challenger Imran Khan who is in jail in multiple cases.
Borrowing from BRICS bank will help India avoid other kinds of politics emanating from the West. Overall, the BRICS institutions will necessarily adopt alternative ways of doing things based on their own cultural and socio economic needs, says M K Venu.
'What you need is a credible Opposition, a credible platform to persuade people to believe that it can replace this government.'
'Google and Facebook need to be tamed, their garb of 'Investing in India's future' need to be pulled off,' observes Vibhu Arya.
Economist Gandhi: The Roots and the Relevance of the Political Economy of the Mahatma by retired entrepreneur Jerry Rao provides insights into a hidden facet of Gandhi's personality -- his thoughts on economics and capitalism -- and also highlights some of his views on religion, ethics, human nature, education and society.
An improvement in political relations, anchored in a restoration of peace and tranquillity at the border, could open up opportunities for expanded economic and commercial relations between them, suggests former foreign secretary Ambassador Shyam Saran.
