'The story of how Modi won a re-election in the face of severe agrarian crisis, mounting unemployment, looming economic crisis, is the story of how the power of the message can be put to devastating effect in the hands of a strong leader,' says Saisuresh Sivaswamy.
"I am certain that now that the growth is returning back to the world, the future holds an important direction as far as India is concerned. The sheer size of the country and economy would offer huge opportunity for investment in India in the next few years," the finance minister said in Washington, DC.
The Singapore Minister applauded Prime Minister Modi's effort to make India the manufacturing hub of the world.
BSE Smallcap index outperformed the frontline indices to rise 0.6%, while the BSE Midcap was flat
President Pranab Mukherjee addressed a joint session of Parliament ahead of the budget session which began on Tuesday. Here are the highlights of President Pranab Mukherjee's speech:
Expresses inability to provide land for train terminal in Bandra-Kurla Complex, a cash cow for MMRDA
Here's the full text of President Ram Nath Kovind's address to the nation on the eve of 71st Republic Day.
A platform that helps retailers reduce failed transactions while keeping the cost down, Innoviti is all set for India's digital payments revolution.
Donald Trump, Hardik Patel, Kangana Ranuat... The year 2017 wouldn't have been the same if it weren't for these personalities and many more. As we herald in 2018, here's a look at the faces and stories which left an indelible mark on us.
At present, the NMP states a series of fiscal incentives, including tax sops, will be offered but only to small and medium enterprises.
Softening the demonetisation blow, the Budget for 2017-18 on Wednesday halved the tax to 5 per cent on incomes up to Rs 500,000 but proposed a new surcharge of 10 per cent on incomes between Rs 50 lakh and Rs 1 crore and raised duties on cigarettes and pan masala while stepping up allocations for infrastructure, rural, agriculture and social sectors.
Amid the raging row over National Herald case, the Congress on Sunday asserted that the allegations and "insinuations" against party leaders Sonia Gandhi and Rahul Gandhi are "deliberately orchestrated", "patently false" and "defamatory" as they have "not received a rupee".
'The macro-economic stresses -- high interest rates, rupee depreciation and capital flows -- have receded now.' 'Interest rates have come down, inflation is down and the rupee has bounced back.' 'If oil prices continue at this level, there will be no vulnerability.' 'Growth is a different story.'
'The Jalan Committee has now provided very clear guidelines on how the (RBI's) balance sheet should be looked at, what kind of disclosures should be made, what are the principles on which the Contingency Risk Buffer should be maintained, what should be the revaluation reserves, and the market risk to the Contingency Risk Buffer.'
The founder of the e-commerce firm, which specialises in procurement of industrial products, believes if he plays his cards right, his company could become a unicorn with a valuation of $1 billion in 5 years.
Being mandatory, these recommendations will have to be immediately built into the Budget for 2015-16.
'The National Award is our nation's highest recognition, being recognised at the President's hand is our privilege, our honour and our dream.' 'The nation's sentiment got left out in the choices that were made yesterday...'
'Karpoori Thakur must be remembered by people today who are tired of witnessing fractious politics where corruption, bigotry, hatred and violence seems to have become distressingly recurrent,' says Mohammad Sajjad.
'It seemed it was more than an anti-incumbency vote; it was an outright rejection of the BJP by the people after due deliberation and an expression of their disillusionment with Modi's leadership,' says B S Raghavan.
By castigating the reforms themselves because of the remediable and reversible defaults here and there in carrying them out, Yashwant Sinha is throwing out the baby along with the bath water, says B S Raghavan.
The outgoing chairman believed in building for the future; for his successor, the challenge will be to maintain the momentum, says Ishita Ayan Dutt.
The former prime minister also criticised the current government for 'messing up' the economy.
The 30-share Sensex ended up 214 points at 27,890 and the 50-share Nifty closed up 52 points at 8,430.
Policy discussions now should urgently focus on the road map for serious economic and institutional reforms to put India on a sustained high growth trajectory like the Chinese economy, says Jayanta Roy.
Modi is the first foreign leader to be invited to the palace by the Crown Prince, who appreciated the role played by Indian workers in the development of UAE as a modern nation, ministry of external affairs spokesperson Raveesh Kumar tweeted.
Dr Ashwani Mahajan, all India co-convenor of the Swadesh Jaagran Manch and an associate professor at the Delhi University, discusses the state of the Indian economy in an interview with Rediff.com's Shobha Warrier.
Economic reforms seem to be on a slow train, while good old fiscal populism is alive and flourishing.
Markets gained for the second straight session to kick-off the September F&O series on a robust note.
Fear factors weights on markets, Sensex, Nifty struggle to keep pace.
'Modi has shown political courage by instituting several economic reforms which include demonetisation, ushering in GST, eradication of benami transactions...'
'Rahul is only making a pathetic public spectacle of his lack of judgment and good sense by hallucinating that somehow, the Congress, or whatever political combine is cobbled together, will displace the BJP at the coming Lok Sabha election by constantly harping on the Rafale deal,' argues retired civil servant B S Raghavan.
At 11:37 am, the S&P BSE Sensex was up 28 points at 27,037 and the Nifty50 was up 2 points at 8,268
India is today one of the top locations for semiconductor design and embedded software, but it remains hidden under a generic and misleading name, IT/ITES services.
'India easily remains one among the more attractive large economies, with high growth and stable/improving macros, as a top investment destination.' 'We are looking pretty good.'
It turns out that there is serious money in funny business these days!
No country has grown without educating its people. India's shameful lag in primary and secondary education has persisted for several decades, and the crisis in higher education is now threatening a social and political calamity, says Ashoka Mody.
Lowering excise duty on petrol, diesel, and other fuels, branded fuels.
Universal basic income or social security? Economist Nitin Desai feels we need a blueprint for universal health care and pensions to help the vulnerable section.
Karan Narsu takes a look at the most gob-smackingly expensive bikes launched in India this year
Sensex dull at close, Infosys rules, ITC drags.
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