During an interaction -- Shiksha: Dasha Aur Disha -- with university students at the Jawaharlal Nehru Stadium, Delhi, he also alleged that the country's wealth is "concentrated" in the hands of "a few people".
With their balance sheets under stress, private companies have lost interest in them.
The contraction in M&A activity in India contrasts sharply with the upbeat global picture, much of it led by a reviving US economy.
Panagariya has advocated a more liberalised spending, arguing that greater capital expenditure could relax some of the infrastructure bottlenecks facing the country.
The prime minister said the Congress has run away from the battlefield conceding defeat in the 68-member assembly.
After the Bihar setback, these are the issues the PM must address to maintain the people's faith in him.
'Modi swept the 2014 elections for two main reasons: First, the disgust with the Congress government with a non-functional prime minister, and second, more importantly, his promise of performance and hope.' 'He cannot expect to win 2019 on these planks again. His own success in finishing the Congress will take away one plank, and with five years of reign on his CV, he will need to flaunt performance more than promise.'
'If the leadership gets wrong information, what results you can expect?'
When industrial output and inflation fall simultaneously, though it is both a piece of good and bad news, taken together they can signal clear signs of an economic slowdown.
FIXES BY THE GOVERNMENT: Energy price fixed, tax issues linger.
Without naming P Chidambaram, he charged the then home minister with giving "colour" to terrorism by coining the term 'saffron terror'.
India' can't succeed unless it is made easier for people to do business.
Narendra Modi could be in for a tough fight in Varanasi with the Congress declaring its resolve to put up a formidable candidate against the Bharatiya Janata Party's PM nominee in the Lok Sabha polls and ruling out support to the Aaam Aadmi Party's Arvind Kejriwal.
'The web of transactions is so complex that it requires expertise to understand the strategies involved in each fraud.'
The meeting will be attended by all heads and EDs of public sector banks
Vadra launched Skylight Hospitality four months after the DLF shares got listed, amid complaints of inadequate disclosure from investor associations and former business partner Kimsuk Krishna Sinha.
In a frontal attack on the Narendra Modi government, Congress President Sonia Gandhi on Wednesday said there has been an "alarming increase" in communal incidents since it came to power and asked party men to resist its "authoritarian and sectarian" tendencies.
The government introduced the 122nd Constitution amendment Bill.
'It is less polarising than Hindutva.'
Vadra was directed by a Delhi court to cooperate with the investigation being carried out by the central probe agency after he knocked on its door seeking anticipatory bail in this case.
There was no breakthrough in US Secretary of State John F Kerry's India visit, but no breakdown either, says C Uday Bhaskar.
It is Gujarat that is preventing Modi from becoming a pan-India leader. Gujarat wants Modi to be an all-India leader only on its term: As a strong votary of Hindutva. But that very position is a recipe for disaster on the national stage, feels Amberish K Diwanji.
Here is a closer look at politicos who have emerged victorious in the electoral contest of five state assemblies.
Any delay in passing the coal bill may cause a crisis in the coal sector which would also affect the power sector.
The Opposition is putting up a symbolic fight for the presidential polls as it knows that the BJP has the numbers to get its candidate elected to the top post.
The use of Section 7 is fraught with risks to the autonomy of the central bank, the credibility of the government and the smooth functioning of the financial markets, says A K Bhattacharya.
Govt hopes to add 0.21 mn Mw capacity by 2022, against 0.25 mn Mw added over 60 years.
A better system of operating central and state PSEs, and indeed all commercial activities of the government, would require eliminating the current system that oversees them.
The bravado of NDA ministers may have undone the gains made in cross-border security cooperation over the past several years.
With Pinarayi Vijayan set to be chief minister, what will be the role for party patriarch V S Achuthanandan? And what are the key takeways from the election results in Kerala?
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By the end of 2020, India will lay 32,737 km across the length and breadth of the country. It needs to lay down and comply with strict safety standards especially since some of these pipes will go through areas of dense habitation, says Rashme Sehgal.
This trend is likely to gain pace with the new infrastructure cess on diesel vehicles.
Demonetisation hit informal sector hard and caused job losses which was not addressed by the budget, Moily said.
As economic policy making moves from pragmatism to populism, the bulls begin to make way for cautious optimists.
Adequate security and Covid safety measures have been put in place for the electoral exercise.
The prospects for strong, sustained economic reforms do not appear to be promising in India.
Admiral Philips Davidson, Commander of the US Indo-Pacific Command, also told the powerful Senate Armed Services Committee on Tuesday that China's recent activities along the Line of Actual Control have opened India's eyes to what cooperative effort with others might mean for their own defensive needs as he observed that New Delhi, in the very near term, will deepen its engagement with the Quad.
The success of the government will depend substantially on the quality of its team of key ministers, officials and advisors
From Swachh Bharat to spearheading the Make in India campaign, the PMO seems to be at the centre of all policies, writes Nivedita Mookerji.
During a fresh round of talks with North-East Democratic Alliance (NEDA) convenor Himanta Biswa Sarma earlier in the day, the NPP leaders stuck to their demand for change in the leadership of the BJP-led coalition government, they said.
