Atanu Biswas explains the economics behind hosting a Games in pandemic times.
'It's a clear case of political patronage helping an individual grow.'
The letter shared with the media on Saturday comes amid Maharashtra losing several big-ticket projects to neighbouring Gujarat.
former Prime Minister Manmohan Singh on Wednesday met Prime Minister Narendra Modi and the two discussed issues related to the economy and foreign policy.
The Survey lists some of the challenges that might impede India's progress.
'Our stable outlook currently points to the fact that the ratings are likely to remain stable for the next couple of years.'
The Indian economy has "some bright spots and a number of very dark stains" and the government should target its spending "carefully" so that there are no huge deficits, noted economist and former RBI Governor Raghuram Rajan said on Sunday. Known for his frank views, Rajan also said the government needs to do more to prevent a K-shaped recovery of the economy hit by the coronavirus pandemic. Generally, a K-shaped recovery will reflect a situation where technology and large capital firms recover at a far faster rate than small businesses and industries that have been significantly impacted by the pandemic.
The prospects for strong, sustained economic reforms do not appear to be promising in India.
India needs to become globally competitive from infrastructure to taxation.
The report has identified some areas that need attention from India's policymakers.
'This is happening regardless of the Budget.'
Chief Economic Adviser K V Subramanian on Friday said there is an "upside potential" in the estimates about the economy during the current financial year amid a faster-than-expected recovery. He said the final print could be better than GDP estimates given by various institutions, including the Reserve Bank of India, which projected contraction of 9.5 per cent during 2020-21. During the second quarter, India's economy recovered faster than expected as a pick-up in manufacturing helped GDP clock a lower contraction of 7.5 per cent and held out hopes for further improvement on consumer demand bouncing back.
SBI raised Rs 8,032 crore (Rs 80.32 billion selling 5.13 crore shares through a QIP in January.
With economic growth slowing to a six-year low, IMF Chief Economist Gita Gopinath says the government should undertake structural reforms such as bank clean-up and labour reforms to address the slowdown in domestic demand. She rooted for government policies focusing on managing a slowdown in domestic demand, and on boosting productivity growth and supporting employment creation in the medium term.
India has adopted a bilateral strategies with its immediate neighbouring countries for mutual benefits
Narendra Modi has earned a ranking of eight out of 10 in an India Inc survey.
Females have a higher relative-risk of COVID-19 mortality in India, the researchers said.
Former President A P J Abdul Kalam kindly answered rediff.com's questions for an exclusive interview.
The Union Budget on Wednesday outlined several initiatives to drive India's technology agenda and boost digital infrastructure, including new centres of excellence for artificial intelligence, National Data Governance Policy, and Entity DigiLocker.
The biggest losers in the Sensex pack were Vedanta, Tata Steel, M&M, Tata Motors, Maruti, Hero MotoCorp, PowerGrid, Bharti Airtel, SBI and Coal India -- falling up to 4.48 per cent.
The Sensex ended at a fresh record closing high of 28,889 while Nifty ended at a fresh record closing high of 8,730.
The government propagandists should refrain from premature celebrations and misplaced euphoria: Congress.
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.
The five biggest spenders in 2018 were the United States, China, Saudi Arabia, India and France, which together accounted for 60 per cent of global military spending, it said.
He advised banks to facilitate appropriate credit expansion.
'That is not a democratic ideal obviously, but it is a practical reality.' 'It is a consistent feature of politicians in Pakistan that their rhetoric on the army softens the closer they get to the seat of power.'
Analysts expect modest recovery in Indian economy.
Conventional wisdom is that when the US sneezes, emerging markets like India catch a cold. And yet the Indian stock market went up last year, points out Debashish Basu.
A report published in British journal The Lancet reckons India's working population will surpass China's in the mid-2020s.
While FIIs have pumped in nearly Rs 17,000 crore, MFs have been net buyers to the tune of Rs 9,000 crore.
The South Asian nations could script a new history of cooperation and prosperity that could serve as an example for other nations, notes Dr Rahul Mishra.
Kris Kolluri, a former New Jersey senior government official, was recently appointed the new chief executive officer of the Rowan University/Rutgers-Camden board of governors.
The Congress's revival plan says it needs to bring back into its fold Hindus repelled by the Sangh Parivar, take its message to youth and women and sections upset at curbs on their personal freedoms.
'How low GDP would have been, we don't know.' 'It raises serious questions because so many indicators are pointing to such a sharp decline and GDP estimates are still showing 4 per cent growth.'
'Anyone can string together a few alliterative words, but are they a substitute for serious thought?' 'And do they make for a strategy or plan for coherent action?' asks T N Ninan.
The prime minister was apparently referring to Swedish environmentalist Greta Thunberg's controversial 'toolkit', which she tweeted and then deleted, outlining ways in which people can participate in the farmers protest.
The new national income numbers produced by the Central Statistics Office (CSO) have elicited two kinds of reaction.
The revival of long-term growth is highly dependent on the revival of private investment.
It can be noted that according to official estimates, GDP growth in FY14 is expected to come in at 4.9 per cent, up from 4.5 per cent in FY13, Icra said.
He also said it may be adopted for use in every stage of a rocket. He was speaking at the 16th convocation of SRM Institute of Science and Technology, near Chennai.
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