A panel will examine the merits and demerits of various dates for the commencement of the financial year.
Economist Jayati Ghosh noted that the word 'freebies' indicates the class position of those who use it.
Even though stocks may remain volatile in the run-up to the polls, as political parties stitch up alliances, the long-term trajectory for the markets remains bullish.
Uttam Ghosh offers his take on the Delhi police's brutal assault on students at the Jamia Millia university library on Sunday, December 15, a shameful act that will not be forgotten for a long, long, time.
To set up a future-ready administration geared towards the target of $2 trillion exports by 2030, the Department of Commerce has decided to set up a dedicated trade promotion body to drive overall promotion strategy, export targets, and execution as part of a restructuring exercise. The trade promotion body will formulate and drive overall trade promotion strategy; create and drive India's branding across focus markets and sectors; drive coordinated action across missions, states and export promotion councils; strategic initiatives, including advisory and buyer-seller meet; and develop digital platforms for exporters and buyers. Based on a 14-volume 'restructuring dossier' by the Boston Consulting Group, the commerce department has already implemented some of the recommendations.
The credit guarantee cover under the scheme would be both transaction-based (for single eligible borrowers) and umbrella-based (for a group of eligible borrowers).
The note ban is Modi's make-or-break gambit for 2019. Opposition leaders see a vulnerability and won't gift pre-eminence to the Congress, says Shekhar Gupta.
'When the country is jobless, why should I pay through my nose to feed these people who want some perks in office?' 'Let them also join India's unemployed.' 'Let them also taste the bitter medicine of being jobless.'
She could not believe how much India had changed since the last time she experienced it first hand.
'Eventually the law of averages has to play catch up with Modi and the BJP, sooner or later,' says Rajeev Sharma.
'There is merit in appointing people with ability and energy, then leaving them to do the job.' 'The Modi government would have had a better record if it had stuck to this formula from the beginning,' argues T N Ninan.
I will give answer to the public in 2019, but Akhilesh government must answer to the people as it had ruled it for the last five years, Modi said.
'Modi's interview style is distinct, and alas one that is increasingly being followed by others as well, notably by the man who is out to challenge him, Rahul Gandhi.' 'This may appear aggressive and combative to readers and viewers, but the fact is that sometimes it becomes unclear as to who is interviewing who,' discovers Saisuresh Sivaswamy.
There was broad-based rally with participation across sectors creating enormous wealth for investors but starting 2018, the rally got concentrated into select large-cap companies with under performance in broader markets.
The classic Third Year or Mid-Term Problem has afflicted all but two prime ministers who have lasted a full term, give or take a few months this way or that, points out T C A Srinivasa-Raghavan.
'There is little doubt that his exertions are among the reasons why Narendra Damodardas Modi routinely lambastes the dynasty at nearly all his rallies, suggesting that he regards the Congress's First Family as a bigger threat than any other political formation,' argues Amulya Ganguli.
'Prior to Pulwama, the BJP appeared to be on the defensive, uncertain of its stop-and-go development programmes, fearful of growing discontent among agriculturists and unemployed youth, and nervous of gathering steam among Opposition parties across regional and caste alliances,' says Sunil Sethi.
Despite Nirav Modi win, in the last five years, India managed to bring only about 20 fugitive offenders.
'... as has been happening in the last three weeks, then the foreign exchange reserves will not be comfortable to ensure that the rupee does not fall drastically.'
'While people complain of the difficulties they are experiencing because of the lack of currency, they remain supportive so far of Mr Modi's initiative.' 'What the country should be concerned about is the prospect of a prime minister who is willing to sacrifice economic gain and risk large-scale job losses in exchange for personal popularity,'
The government may have to resort, eventually and however unwillingly, to printing money, abandoned as policy and practice in the 1990, predicts T N Ninan.
'Poor home work, and a subsequent loss of nerve.' 'This sums up the Modi government's current travails, the stall in key sectors, fading momentum, irritability,' points out Shekhar Gupta.
They have asked the chief minister to incur expenses for the treatment of Surjan Singh Bhandari, who was injured during the Akshardham attack, when he is taken to Delhi.
The Modi government has handled inflation far better than any government in the past two decades. Both the stock market and currency indices have begun to show confidence in the economy, despite the mounting global headwinds of trade.
When the Indian economy tanked in 1991, it did so because it ran out of foreign exchange. Today, it is tanking because it has run out of rupees even as the foreign exchange granary is overflowing, says T C A Srinivasa-Raghavan.
'Too much energy these three years has been invested in turning the party into an election-winning machine.' 'To recover its mojo, the Modi government needs a more impressive set of economic figures to flaunt,' says Shekhar Gupta.
Narendra Modi can pick up a tip from the Samajwadi Party ramlila. If he doesn't want L K Advani as President, he might anoint him Bharatiya Bhishma Pitamah, suggests Sunanda K Datta-Ray.
'This solid verdict would further strengthen his resolve to drive forward the economic agenda to ensure that the fruits of the economic momentum continue to reach the poor, so visible during the last five years.'
For the first time in our political history, Pakistan has become centre stage of the incumbent's campaign, points out Shekhar Gupta.
India's real risk is not that crony populism would fail, but that it would succeed, consolidating a path that is fundamentally a trap, both in terms of social inequalities and long-term growth, says Michael Walton.
''I have been saying for the last 25 years, to no avail naturally, that the only government asset that is politically unproblematic is land,' says T C A Srinivasa Raghavan.
'He never believes in loose talk.' 'If he is done with you, then you go your way, he goes his way.'
108 economists, social scientists said it was imperative that agencies like CSO and NSSO are not subject to political interference.
'The Gujarat model was never an economic model; it was essentially a governance model.'
'Mr Modi identified what would help him win votes and got it done, like 24x7 power in three phases, better roads, more water, etc.'
'Good economic governance at state level is quite different from good governance at national level,' points out T C A Srinivasa-Raghavan.
'If you ask India's finest business leaders, they now tell you -- in whispers, of course -- that the mood has never been so glum after 1991,' says Shekhar Gupta.
M R Venkatesh, chartered accountant turned political commentator tells Shobha Warrier/Rediff.com that Modi's war is not against the opposition parties or the Congress but against the bureaucracy and the establishment.
The market capitalisation of the BSE-listed companies reached an all-time high of Rs 220.74 lakh crore on Thursday, helped by a bullish sentiment in the equity market. At the close of trade, their market capitalisation stood at Rs 2,20,74,421.11 crore. The 30-share BSE benchmark closed 97.70 points, or 0.19 per cent, higher at 51,115.22 on Thursday.
Macroeconomic data, the pace of vaccination and global trends would be the major drivers for the domestic equity markets this week, analysts said. Besides, the progress of monsoon will also be monitored. "This week marks the beginning of the new month also, so participants will be eyeing the high-frequency indicators like auto sales and manufacturing PMI during the week. "Besides, the progress of monsoon will also remain on their radar.
While welcoming Prime Minister Narendra Modi's announcement on Saturday to celebrate January 16 as National Start-up Day, six years after the Start-up India Action Plan was launched by the government, stakeholders in the ecosystem say that more needs to be done at the policy level to unleash the next phase of growth in the sector. "The Start-up India programme's launch in 2016 was a turning point - that is when the promoter came to be known as the founder in the country and the word 'entrepreneur' entered the common lexicon. "But now we need a Start-up India 2.0 now for the next phase of growth of the ecosystem", said Siddarth Pai, managing partner of venture capital (VC) firm 3one4 Capital. Pai says that Startup India 2.0 must look at promoting Startups headquartered in tier II,III & IV cities and solving the problems of Bharat.
'India serves itself poorly with its latter-day discovery of Pakistan as an instrument in domestic politics,' notes Shekhar Gupta.
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