'This government has not created any employment.' 'Forget employment, the government had not done anything in skill development.'
While the Reserve Bank and the Economic Survey of the finance ministry have projected India to grow at 6.9 per cent and 6.5 per cent in current fiscal, the International Monetary Fund estimates it to be 6.6 per cent.
US President-elect Donald Trump has vowed to pull out of the Trans-Pacific Partnership, the world's largest trade deal, and investigate abuses of work visa programmes as he outlined his policy plans for the first 100 days in office.
Experts say, investors will be better off exiting them at higher levels and investing in stocks of fundamentally sound companies.
'Should the most important part of economic reform not comprise the way we look at the fiscal deficit?', asks T C A Srinivasa Raghavan.
According to the global financial services firm, the recent steps taken by the government provide further confidence that not only is the reforms agenda on track but the pace is accelerating too.
The growth rate was much higher a year ago at 8.7%.
Besides reviving investor sentiments, Vasundhara Raje's regime has brought reforms in the social sector.
A time has thus come when state encouragement for rural students led to empowerment of the socio-economically marginalised sections of the population. It included women. Today, with greater exposure and consequent enlightenment, it has gone beyond 'empowerment' to become 'entitlement', says N Sathiya Moorthy.
Investors more overweight on India compared to other emerging markets says Bank of America Merrill Lynch.
Finance Minister P T R Palanivel Thiagarajan has proclaimed his determination to set Tamil Nadu's fiscal house in order in five years, and Friday will show how he plans to go about it when he rises to present the Stalin government's maiden budget, says N Sathiya Moorthy.
According to a new report by international management consulting firm Arthur D Little, the worst of COVID-19's impact will be felt by India's most vulnerable in terms of job loss, poverty increase and reduced per-capita income, which in turn will result in a steep decline in the Gross Domestic Product (GDP). "Given the continued rise of COVID-19 cases, we believe that a W-shaped recovery is the most likely scenario for India. This implies a GDP contraction of 10.8 per cent in FY 2020-21 and GDP growth of 0.8 per cent in FY 2021-22," the report said.
Heckling, confrontation and strong-arm tactics don't come to him easily, reveals Aditi Phadnis.
'At a time when the economy is depressed, a pandemic is raging, and the Chinese are making noises on the border, the NRC could be resuscitated.'
'Businessmen like Rajiv render public service when they speak truth to power,' observes Virendra Kapoor.
'We have promised to ensure reduced tax rates.'
The SAD also castigated the Congress and the Aam Aadmi Party for allegedly betraying farmers by not opposing the passage of the bills in Lok Sabha.
IMF MD Christine Lagarde hailed the government's latest Budget.
'Considering that an Internet company's market value is largely determined by its direct access to consumers for digital services, and largely served outside a sovereign country's control, it would appear reasonable in trade terms to discuss fees for a seat at the proverbial 'table' of opportunities in the largest open consumer market,' argues Venki Nishtala.
Nearly 60 million workers across India, roughly equivalent to the entire population of France, will go on strike on Wednesday to protest against economic reforms.
Another bill related to the farm sector, the Essential Commodities (Amendment) Bill, was passed on Tuesday.
The trio, 'twin shocks' of demonetisation and GST, 'twin balance sheet' problem that has been weakening India's banking system and the 'twin deficit' problem will continue to challenge economic management and performance in the year ahead, says Shankar Acharya.
Announcing a slew of measures for the sector, he said GST-registered micro, small and medium enterprises will be sanctioned a loan of Rs 1 crore in just 59 minutes through a new portal.
The report, 'More and Better Jobs in South Asia', released on Thursday said the required new jobs will be equivalent to about 40 per cent of the increase in the global labour force during the period.
'The government's full five-year term is unlikely to deliver more than 7+ per cent growth.' 'That's creditable, but no different from the 7.2 per cent achieved in the previous five years (2009 to 2014).' 'Those who expected the change of government to deliver a change of tempo would be disappointed,' says T N Ninan.
At present, Indian indices are under-performing as compared to others and a package from the government can help cover the ground.
Kaur, the Union Minister of Food Processing Industries, is the only SAD representative in the Modi government.
All stakeholders in the diamond industry chain from mines to retailers have to follow a system of warranty under which they have to individually declare in the invoices they issue that what they have sold are not conflict diamonds.
Liquidity issues post the crisis at DHFL, progress of monsoon, rupee trajectory at the domestic level and oil prices are some factors that will keep markets choppy, analysts say.
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.
China, the world's most populous nation, will relax its controversial decades-long one-child population policy which restricted most couples to have only a single child, the ruling Communist Party announced on Friday.
Of the Rs 20-lakh-crore package that Prime Minister Narendra Modi announced to defend the economy against coronavirus disruptions, fresh support may be only around 60 per cent of the offer as it counts the first financial stimulus and liquidity support that Reserve Bank has given already, and will overburden the bond market, says a report.
Arun Jaitley presented the Union Budget in Parliament on Saturday.
The government should 'encourage infrastructure funding by mandating five or six institutions to create an infra bond market,' IMC President Gul Kripalani said in the action plan submitted to the prime minister. It wanted deregulation of the labour market to stimulate investment and employment. 'Encourage contract labour employment to enhance labour flexibility. Amend labour laws to provide flexibility in respect of entry and exit,' IMC said.
Crude oil has fallen about 40 per cent since mid June and the price on Monday touched its lowest level since mid 2009 before US oil prices posted their biggest one-day gain in two years overnight.
'The growth drivers are mostly invisible, but the growth is undeniable at least for now,' notes Debashis Basu.
Trump to sign an executive order aimed at achieving a more skills-based and merit-based immigration system.
'Will 'Make in India' be able to harness the demographic dividend so it does not become a disaster?' 'Will 'Digital India' live up to the lofty promises the government and private sector made as part of its recent launch?'
