Mr Prabhu has a big challenge ahead in implementing trade reforms to regain the lost export momentum, says Jayanta Roy.
The estimated 10 per cent average hike in 2019 is at par with the actual rate of increase in the previous three calendar years in India
The UN celebrated the birth anniversary of B R Ambedkar with a top official describing the noted Indian social reformer as a "global icon" for marginalised people.
IT stocks have dropped about 3 per cent in the days since the Donald Trump administration took first steps toward visa reform and all of India's highest-profile technology tycoons have seen their net worth eroded. Saritha Rai reports.
India retains the tag of the fastest growing country among the world's major emerging economies
'We forecast real GDP growth to moderate to 6.7 per cent in the year ending March 2018.' 'However, as disruption fades, we expect to see a rebound in real GDP growth to 7.5 per cent in the next fiscal year.'
Workers being laid off will be entitled to full wages of 45 days for every year of service.
Opposition politicians on Wednesday stalled a last minute attempt by Prime Minister Narendra Modi's government to pass the Goods and Service Tax bill.
The G20 meeting of the finance ministers and central bank governors beginning July 19 will also be attended by Reserve Bank of India Governor D Subbarao and Deputy Governor Urjit Patel.
India has emerged as the brightest spot in the Asia Pacific region as reform has picked up pace in the country in recent months, a top credit rating agency has said.
Why omit the Tiananmen massacre from the history of China's Communist party, asks Claude Arpi.
'By holding forth on Swadeshi economics, Bhagwat is showing his intent to fight back,' says Shekhar Gupta.
In less than a week of Donald Trump being sworn in as the 45th US President, the "H-1B and L-1 Visa Reform Act" was introduced to prioritise American workers and restore fairness in visa programmes for skilled workers.
'Manmohan Singh was blamed for administrative paralysis, but if you speak to any senior bureaucrat today, they are very bitter and say that files do not move. I am told that more than a thousand files are awaiting clearance.'
Robust growth in indirect tax receipts points to a nascent revival in manufacturing sector.
Albeit muted for most part of the year, Deal Street in India has clocked M&As worth $29 billion in 2014 and expects the size to get larger with transactions worth over $40 billion in the New Year.
Instead of targeting global imbalances per se, the narrative must change to the structure and direction of such asymmetries.
A top United States senator has unveiled an 18-point plan, including enhancing military ties with India, to hold the Chinese government accountable for its "lies, deception, and cover-ups" that ultimately led to the global COVID-19 pandemic.
There are conflicting signs on India's investment cycle.
'It is time to allow the rupee to move towards its true value, as it is hurting Indian exports, investment and SMEs associated with export sectors that create jobs,' argues Pravakar Sahoo.
Europe is the second largest market for Indian IT-BPM industry
The financial fraud, one of the biggest in the state as per records, was being investigated by the different departments of Himachal Pradesh for the past over four years.
Some of the key proposals of the agenda relate to transforming the banking sector, addressing agrarian distress, countering hate crimes and discrimination, and spurring employment generation.
Following another disappointing year in 2014, developing countries should see an uptick in growth this year, boosted in part by soft oil prices, a stronger US economy, continued low global interest rates, and receding domestic headwinds in several large emerging markets, it added.
'Tax cuts will have only marginal effects in the short run and significant positive effects in the medium term,' says Shankar Acharya, former chief economic adviser to the Government of India.
'Concerns about India's future are hampering private investment.' 'If the private sector sees strategy, teams and execution on these issues, this will inspire confidence in India.' 'This should be our main strategy for 2017,' says Ajay Shah.
In her keynote address at the 8th annual Global Entrepreneurship Summit, she said that despite the soaring rate of female entrepreneurs, women still face steep obstacles to starting, owning, and growing their businesses.
Pushback to Modi govt's policy pronouncements has already started, it now has a very small window of opportunity to bring in reforms.
The next general election is more than three years away. Yet, the Centre appears to be reluctant to take any bold move that might annoy influential sections of the electorate.
India needs to revive corporate sector investment, push critical reforms and remove infrastructural bottlenecks to boost industrial growth in the country, says a government document.
'Who are these people on the streets?' 'They are youth and students who were hoodwinked, bluffed by Modi for the last seven years, with a promise of 2 crore jobs every year.' 'And Mamata sings the same tune.' 'But the youth can see that as long as there is Mamata or Modi, there is no hope.'
The fiscal deficit of the Centre remains a worry, running at over 6.5 per cent of GDP in April-September 2014, mainly because of revenue shortfalls from exaggerated projections in the government's July Budget and despite the relief on subsidies from lower oil prices.
Jaitley said among various reforms labour laws will remain a challenge.
This time, the global appetite for risk is in favour of India.
Access to India's defence market must be made conditional -- available only to those who are ready to make a long-term commitment in India, argues Ajai Shukla.
Subramanian said the government is also taking various other steps to improve ease of doing business in the country.
Election results, diesel & gas pricing moves, labour law changes - all stoke anticipation of more cheer ahead.
Curbing the federal deficit is the government's absolute priority on February 28.
In an apparent reference to political differences between Bharatiya Janata Party and Trinamool Congress, Jaitley said there are national causes to stand together, notwithstanding political differences.
'The rule for millennials is: You can have a career for life.' 'You have to constantly adapt to the needs of the industry to stay relevant.' 'The jobs will be the same, but the skill sets required will be different.' 'Technology will dominate the nature of jobs available in the future.'
