'While lower steel prices may impact a part of the quarter, this will be offset by softer raw material prices.'
In order to achieve $5 trillion GDP by FY'25, India needs to spend about $1.4 trillion over this period on infrastructure, according to the Economic Survey. During financial years 2008-17, India pumped in about $1.1 trillion on infrastructure. However, the challenge is to step up infrastructure investment substantially, the Economic Survey 2021-22 said.
FDI in real estate will now be through the automatic route and not through the Foreign Investment Promotion Board.
'Das is friendly, but he finally does what he does. The quality of engagement is very good.'
Could the MPCE survey results be used as a basis of reconstructing the Consumer Price Index with new weights, asks Madan Sabnavis.
Equity benchmarks Sensex and Nifty ended on a mixed note on Wednesday as the euphoria about the Budget fizzled out, with investors going for profit-taking ahead of the Fed interest rate decision. The 30-share BSE benchmark Sensex climbed 158.18 points or 0.27 per cent to settle at 59,708.08 after it trimmed most of the intra-day gains. During the day, it had zoomed 1,223.54 points or 2 per cent to 60,773.44.
With facts and figures, the CAG report has highlighted how Gujarat was far from a role model for states across India, and that the progress made in this province in western India in improving agriculture, education, healthcare and empowerment of women and children, was not exactly creditable, says Paranjoy Guha Thakurta.
The President said Indian economy grew at 5.7 per cent during the first quarter of 2014-15.
The ongoing reforms and stress on infrastructure development and fiscal consolidation would have a positive influence on GDP growth, which averaged 5.9 per cent during 1992-2003.
Stating that pushing GDP growth, which has slipped to 5-year low of 6.8 per cent in 2018-19, is the top priority, President Ramnath Kovind said Modi govt will bring more reforms and raise farm investments to boost growth.
'There is a weak link between the economy and the stock market.'
If it continues to do well economically, develops a large manufacturing sector, gains in technological heft, builds a more capable defence industry, improves its human development indicators, becomes more of a trading nation, and has greater internal cohesion. In short, it is a work in progress, suggests T N Ninan.
Unveiling a three-pronged strategy to create more jobs, Prime Minister Atal Bihari Vajpayee on Friday promised to speed up economic reforms and growth, besides hastening infrastructure development.
A study says shortage of skilled workers, inferior quality and inadequate highway infrastructure can defeat Indian carmakers.
President A P J Abdul Kalam underscored the need to attain self-reliance in the infrastructural software sector with knowledge products, where the domain applications can be developed and deployed for services sector.
Amid the rhythmic chug of the train, a chorus of voices rises, each bearing its tale of hope and despair.
The Coimbatore suburb has been growing significantly due to strong economic policies, says Naveen Nandwani.
'During my visit to Japan and after meeting with Prime Minister (Shinzo) Abe, I gladly recall that in our joint declaration we mentioned Asia-Africa growth corridor and proposed further conversation with our brothers and sisters of Africa,' Prime Minister Modi said.
'The most important expenditure in the Budget that indicates employment generation is infrastructure.'
Jaitley's team presents a quintessential mix of foreign-educated, intellectual technocrats and seasoned bureaucrats
South and South-West Asia could witness an economic growth of 5.3 per cent in 2015, which will be a four-year high.
Modi attended the 20th ASEAN-India Summit in Jakarta. Secretary-General of ASEAN Dr Kao Kim Hourn also attended the summit.
In a recent lecture, RBI governor Raghuram Rajan dished out some frank advice -- don't get into 'jugaad', instead try for the long haul. Only that will sustain in the long-run.
'While there has been an impact on economic activity, it is not as profound as the lockdown last year.'
Putin said the 'policy' pursued by Modi is the main 'guarantor' of relations between the two countries.
Single window clearances for realty must.
As many as 24 special economic zone (SEZ) developers including Dr Reddy's Lab and Tata Consultancy Services have sought more time from the government to execute their projects.
Foreign Direct Investment flows to India in 2021 were 26 per cent lower, mainly because large M&A deals recorded in 2020 were not repeated, the UN trade body has said.
The 2005-06 Survey tabled in Parliament said the Indian industry needed to be unburdened from high level of taxes and distortive exemptions that provided perverse incentives.
There was a discussion on trade matters, market access, regulatory issues and barriers. Both leaders underlined the importance of free and fair trade
'Interim Budget has ignited the entrepreneurial spirit.'
With a narrow industrial base and dysfunctional politics, and a counter-productive national security agenda, Pakistan could well remain an 'international migraine', observes T N Ninan.
Finance Minister Nirmala Sitharaman on Friday announced a slew of measures to boost economic growth and address distress in various sectors
The pitch comes close on the heels of China launching its multi-billion dollar OBOR initiative
Indian CEOS are very innovative, says a PwC report.
First Rajya Sabha approved the Rs 45 lakh-crore spending proposed in the Budget, followed by the nod to the Finance Bill that contains tax proposals.
The biggest question looming over the summit is whether there will be a joint leaders' declaration in view of the sharp differences between the West and the Russia-China combine on the text to describe the Ukraine conflict in the document.
Aim of the project is to boost manufacturing on a sustainable basis and through it, overall economic growth.
'I don't think we have ever seen such alignment of everything that we need in the banking sector.'
The budget will empower the poor, give a boost to the farmer and an impetus to the economic growth, the PM said.
