'We are not able to manufacture even low-end products as cheaply as China.' 'We are not buying Chinese goods today out of any love for China.'
The strategy to achieve the target would be to maximise revenue collections and control expenditure, Chidambaram said, while seeking support of the political parties to deal with economic and financial problems facing the country.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Karishma Tanna, Mouni Roy, Gauhar Khan...the starry guest list goes on.
Economists say there aren't many options with the government at present, given the drought-like situation which would only spur its spending.
Students made online music education possible during COVID-19, say teachers, and they will determine its future.
Despite rising subsidy bill, says fuel price action and other steps in contemplation would keep it at 5.3% of GDP, not more
Bollywood celebs and cricketers attended the film's screening.
One hopes that the government will act on the Kelkar panel recommendations.
Bollywood has been giving their daughters a lot of love on Daughter's Day.
Skoch events are organised with pomp and show in the swanky hotels of Delhi and Mumbai every year.
'A system that is judge, jury, and executioner, with draconian and apparently ill-defined powers and a haphazard system of oversight is not necessarily a better denouement, even if the current situation is untenable,' says Ram Kelkar.
'They wanted a character, who could speak both Tamil and Hindi. That's how I got on board.'
Indians are eager consumers of digital advertising and are five times more willing to share personal data with companies when they are delighted by their digital experience.
It is believed that the commission in its report has suggested higher allocation to the states during five years starting from next fiscal.
The Finance Commission, which makes recommendations on sharing of tax revenues by the Centre and States, has suggested a new path for fiscal prudence in its report submitted to President Pratibha Patil on Wednesday.
Check out the star arrivals.
The shift from 'one country, one tax' to four tax rates could dilute possible gains on GDP, warns T N Ninan.
Tamil Nadu chief minister M Karunanidhi said on Thursday that 'performing states' like Tamil Nadu have not been receiving their 'due share' from successive finance commissions, who, he alleged, gave more importance to backward states. He called for more allocation to the state from the Central Relief Fund, "considering the natural calamities," the compensation for which, especially crop loss, needed to be substantially increased.
Reform ideas do not occur overnight and evolve over the years.
The tax base should comprehensively extend over all goods and services up to the final consumer point.
In view of the severe drought and growing prices of essential commodities, Prime Minister Manmohan Singh has constituted a crisis management group of Ministers (GoM) for monitoring the situation on a day-to-day basis.
A more effective promotion of domestic manufacturing and mining could significantly reduce the trade deficit in key sectors, says T N Ninan.
The 26th edition of Lions Gold Awards was held on January 25.
Listening -- really listening -- to advisers in the government and outside would help. India has plenty of wise economists who have worked within the bureaucracy during previous crises, points out Rahul Jacob.
'How could any Indian-American heart not have skipped a beat to hear President Barack Obama speak of a nation of Christians and Muslims, Jews and Hindus and non-believers, shaped by every language and culture, drawn from every end of this earth?'
Check out who else was there.
The ones who came more recently were clutching the green cards that gave them an escape hatch through which to return to green pastures: Arvind Panagariya, Raghuram Rajan, Arvind Subramanian and other perfectly honourable gentlemen like them, points out T N Ninan.
Here's how filmi folks ushered in the festival of colours!
50 years ago, on April 1, 1968, Tata Consultancy Services -- now India's leading IT company -- was born. The foundation for TCS was laid by Faqir Chand Kohli whose life touched directly or indirectly many, many, Indians, says Shivanand Kanavi.
The Goods and Services Tax, proposed to be introduced from April 2010, would benefit the economy by at least $15 billion
In a letter to the CM, Koshyari asked, 'Have you suddenly turned secular, the term you hated?' 'Isn't secularism a key component of the Constitution, by which you swore while taking oath as the state Governor?' Thackeray asked.
Stepped up public expenditure must be accompanied by focused policies, advises Vinayak Chatterjee.
A Pune resident has filed a public interest litigation (PIL) alleging that the Reserve Bank of India (RBI) lost Rs 65,065 crore (Rs 650.65 billion) in 2006-07 due to fall in its valuation of investments in foreign exchange.
Sharad Kelkar, the star of the serial Saath Phere on Zee TV, talks about his role in the new reality show, Rock n Roll, and rubbing shoulders with first time judges Ajay Devgan, Kajol and Tanuja.
Jet Airways' $500-million deal to takeover Air Sahara got a boost on Monday with the home ministry giving security clearance to four Jet officials to be on the board of Air Sahara.
Among the mourners were Anupam Kher who acted with Sridevi in many movies, and Satish Kaushik who acted with and directed her.
The buyback, if successful, will surpass RIL's 2012 share repurchase of Rs 10,400 cr
