India is set for decent growth in 2015.
This is the first Budget in my memory of Budgets over the last half a century which has embraced upfront, enthusiastically and emphatically, technology, modernity and fiscal sobriety, notes Shreekant Sambrani.
India will restrict crude oil purchases from Russia as part of an agreement reached with the US in exchange for lower trade tariffs, sources said, adding imports will continue for now by refiners such as Nayara Energy, which have no other alternative source. US President Donald Trump announced overnight that the United States will cut the reciprocal tariff on imports of Indian goods to 18 per cent from 25 per cent under a broader bilateral understanding.
Indian pacer Mohammed Siraj is likely to replace Harshit Rana in the T20 World Cup squad after Rana sustained an injury during a warm-up match against South Africa.
India and Israel share a deep historical bond, and Prime Minister Modi's visit to the Knesset marked a bold shift from past diplomatic hesitation to open strategic partnership.
Buoyed by 8.8 per cent growth of the Indian economy in the first quarter this fiscal, industry on Tuesday said the GDP may expand by around 9 per cent during 2010-11, but cautioned against certain weak areas like financial services.
From a surge in startups to crewed mission preparations, 2025 marks a transformative year as India eyes $44 billion space economy by 2033.
Forty-nine per cent of Indians polled for the survey are satisfied with the current state of the economy, a seven percentage point drop from last year, while only 45 per cent of respondents are optimistic of the economy improving over the coming four quarters, 15 percentage points lower than the previous year's poll.
'I try to convince myself to stay calm, do my work and not let his behaviour get to me. Some days it works; most days, it doesn't.'
India should resist knee-jerk responses to tariff volatility in the US and instead use the current geopolitical churn to build manufacturing scale at home, former G20 Sherpa and former chief executive officer of NITI Aayog Amitabh Kant said on Wednesday.
Israel and the United States had a plan. Iran punched back. And now the Gulf is reeling, the world is beginning to feel the pain and, as on date, no one in Washington or Tel Aviv appears willing to admit that the punch has landed, notes Prem Panicker, continuing his must-read blog on the war in the Middle East.
Moody's Investors Service on Friday said India's economy is expected to contract for the first time in more than four decades saying economic damage owing to the coronavirus-induced lockdown will be significant with lower consumption and sluggish business activity. Even before the coronavirus outbreak, Indian economy already was growing at its slowest pace in six years and with the stimulus measures announced by the government falling short of expectations, the disruptions are likely to be greater. "We now expect India's growth to register a real GDP contraction for the fiscal year ending in March 2021 (fiscal 2020-21), from our earlier projection of zero growth," it said in a research note.
Many things could play spoilsport for the Indian economy.
'There is a challenge in repositioning yourself, maybe reinventing yourself.'
Asia takes the lead, boasting four Indian cities on the list, according to the 2024 Savills Growth Hubs Index.
Sensitive issues remain. Water sharing of the Ganga and Teesta rivers. Treatment of minorities, particularly Hindus. Border management. Trade imbalances. Connectivity projects.What happens next will shape not just bilateral ties, but the balance of South Asia itself, points out Ramesh Menon.
"Bowled off spin, kept wickets, batted at six": Bumrah remembers college days
Trump announced that India and the US agreed to a trade deal under which Washington will charge a reduced reciprocal tariff on Delhi, lowering it from 25 per cent to 18 per cent.
Private investment will respond only to sustainable reform.
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The toxic brew of fiscal populism, crony capitalism and bad economic management has ensured the collapse of economic growth, industrial stagnation, stubbornly high consumer inflation, declining savings and investment, shrinking employment opportunities, and a dangerously vulnerable external financing situation.
Indian economy is expected to grow by 8.1 per cent in the current fiscal on the back of a turn-around in agriculture production and an anticipated good showing by the industry and service sectors, a leading economic think-tank said.
BJP MP C Sadanandan Master addressed the Rajya Sabha, appealing for unity and highlighting the government's achievements while raising concerns about migration in Kerala.
Saudi Arabia has scrapped its decades-old Kafala system, freeing 13 million migrant workers, including 2.6 million Indians, from restrictive employer control and exit visa rules.
Economic Advisory Council to the Prime Minister (EAC-PM) member Sanjeev Sanyal on Thursday said he is not concerned about the rupee at all, arguing that even China and Japan witnessed exchange rate weaknesses during their high growth phases.
Indian spinner Varun Chakaravarthy attributes his success to increased bowling speed and revolutions, emphasizing his focus on perfecting existing skills and adapting to varying pitch conditions.
The agreement addresses non-tariff barriers and promotes increased trade in technology products and cooperation between the two countries.
India's new national accounts will leverage new data sources and surveys to enhance the measurement of the country's informal economy, and introduce double deflation methods across sectors, replacing the current system that relies on a single deflation mechanism in Gross Domestic Product (GDP) calculations.
Lavrov said that the US has set itself the objective of 'achieving economic domination', adding further to it that Americans want to control the routes to leading countries to provide its energy sources to them.
The Indian economy remains on track to regain its position as the world's fastest-growing major economy after official estimates on Friday put the expansion at a tempered 9.2 per cent this fiscal amid concerns over the impact of a resurgent virus on the fragile recovery. The growth in the gross domestic product (GDP) of 9.2 per cent in April 2021 to March 2022 fiscal (FY 2021-22) given by the National Statistical Office (NSO) in its first advance estimate compares with 9.5 per cent expansion forecast by the Reserve Bank of India (RBI) last month. The economy had contracted by 7.3 per cent in the previous financial year.
He said companies with a good strategy, technology, capital, liquidity and a motivated team will emerge as winners after the crisis.
My sense is that we are in a situation similar to 2011-13, notes Debashis Basu.
The Indian economy grew by 8.9 per cent in the first quarter (April-June)of this fiscal, up by 0.4 per cent compared to the same period last year.
India's marine product exports facing rough weather from punitive US tariffs are expected to get a big boost following the reduction of 26 per cent tariff as part of the India-EU Free Trade Agreement (FTA), but concerns over non-tariff barriers, which are a dominant aspect of marine trade to the EU, still remain.
After a record-breaking year, India's automobile industry is entering 2026 on a relatively strong footing, with sales growth expected in the 6-8 per cent range. The outlook is underpinned by policy support, including GST rationalisation, easing monetary conditions, and income tax relief, which together are likely to improve affordability and sustain consumer demand across vehicle segments.
Ravichandran Ashwin says Suryakumar Yadav's cameo in the opening T20I was a key World Cup boost, while backing India's World Cup combination and calling Arshdeep Singh a marquee bowler.
Between April and August this financial year, passenger car exports rose 8.5 per cent year-on-year (Y-o-Y), while domestic sales fell by 8.5 per cent.
As exporters started complaining about adverse effects of rising value of the rupee against the dollar, the government on Thursday said appreciating Indian currency reflects strength of the economy and it cannot do much so long as the unit rises and falls in a range.
'The immediate impact for India will be very minimal as the share of Venezuela in our total overseas production is very low.'
