India's external firewalls were solid in the form of a healthy reserve position.
Now we must first compete with Bangladesh. This is not what we had been promised, notes Aakar Patel.
Global rating agency Moody's Investors Services plans to partially outsource certain services including monitoring of mutual funds of Europe and emerging economies, from Indian rating agency ICRA.
Private firms will have to maintain a minimum net addition to their workforce each month from October this year to June 2021 to get the Employees' Provident Fund subsidy for the new recruits.
'Premature lifting of the lockdown will spread the disease from asymptomatics, and those undetected, to the whole community, ushering in prolonged misery, preventable and avoidable deaths, famine and social unrest,' warns Dr Debashish Danda.
Grand plan: 10% GDP growth; 175 million jobs; $10-trillion economy
Indians at large harbour a notion that their country is cherrypicking out of the American basket of goodies, but the policymakers in Delhi and the political leadership are well aware that it can only be a pipe dream since a military alliance with a superpower is a profound irrevocable commitment, observes Ambassador M K Bhadrakumar.
To combat terror financing, India and the US committed to work together to check illicit money transfers.
Each of the larger states may need less than Rs 10,000 crore each to finance the exercise.
Snooping is one of the oldest peccadilloes of man, observes Ambassador M K Bhadrakumar.
The report was presented to Railway Minister D V Sadananda Gowda.
More, half of all Indian companies plan to add employees over the next three months, states the Mercer India Monitor quarterly survey. Sector-wise, the survey shows pay increases in the pharmaceutical, consumer and manufacturing sectors have been in excess of 7 per cent.
Who knows, the moment of truth in Ladakh may also augur for a giant leap toward boundary settlement with China in the fulness of time. The news that the special representatives of the two countries are planning to meet gives a positive signal, suggests Ambassador M K Bhadrakumar.
India is currently under the 21-day lockdown since March 25, with only essential services exempted to contain the fast-spreading virus.
'We are having an outsize impact not only on the lives of the customers and livelihood, but also the economy of India.'
Indian economy has good fundamentals and sizeable foreign reserves, RBI Governor Raghuram rajan said.
The United States leads the world with more than 1.6 million confirmed coronavirus cases, according to a tally by Johns Hopkins University.
Highly placed sources, who are closely monitoring the US situation, admitted that passing of the 123 Agreement by the US Congress could be hampered by the financial crisis or alternatively, it could lead to the process being passed with ease. Senior officials, however, made it clear that even if the 123 agreement was passed, it would not be signed by the prime minister during his Washington meeting with President Bush.
Experts suggest domestic factors rather than the Greece crisis would determine the course of the Indian equities.
Prime Minister Narendra Modi and United States President Barack Obama will meet on Sunday, January 25, at Hyderabad House a few hours after the American leader's arrival in New Delhi.
'There is no shortage of material for the Opposition to develop and deploy a campaign against the government.' 'Are we seeing signs that it exists? I confess that I do not see it,' says Aakar Patel.
The United States, he said, 'desires a new age of ambition' in its relationship with India. Asserting that the US has never been more supportive of India's security, he said New Delhi too, is an important partner and a key pillar of President Trump's foreign policy.
Even after five decades of use, the telescope at Ooty that Dr Govind Swarup designed and built continues to be the largest single frequency radio telescope in the world.
India and Germany signed a deal on Monday to fast-track business approvals.
From Sri Lanka's most popular political family to its most despised -- going by the voices on the streets calling for the Rajapaksas' ouster -- what went wrong for the clan? Veteran Sri Lanka watcher N Sathiya Moorthy offers an insight.
Businessman P C Mustafa wants Indian Americans to return home, Cognizant CEO Francisco D'Souza outlines how Indian tech companies could grow, Gaurav Dalmia has some investment recommendations while Subramanian Swamy warns that India is flirting with a debt trap.
In the last financial year, GDP growth was 7.3 per cent.
One incident should not be used to generalise the health of all cooperative banks, says RBI governor Shaktikanta Das.
Stressed MSME borrowers would be eligible for restructuring of debt, if their accounts were classified standard.
'Banks are being encouraged to lend instead of parking their resources with the RBI and earn risk-free interest income,' points out Tamal Bandyopadhyay.
Unless the Taliban goofs up in a big way, which seems highly unlikely, we are looking at a regime that will be around for quite a long while and present a level of governance that the puppets of the richest and most advanced countries failed to provide, predicts Ambassador M K Bhadrakumar.
Five-time World champion Viswanthan Anand believes chess has adapted quite well to the coronavirus-forced shutdowns across the globe by simply going online just as he has been doing to stay in touch with family while being stuck in Germany for a couple of months now. Anand had gone to Germany in February to compete for SC Baden OOO in the Bundesliga Chess. However, travel restrictions caused by the COVID-19 pandemic have ensured that he has been unable to return home.
If the FATF lets Pakistan off the hook, which is to be expected, it would signify a big boost to Pakistan's standing in the fight against terrorism. Delhi, on the other hand, loses the propaganda advantage, states Ambassador M K Bhadrakumar.
'Open conflict would be a disaster for both China and India.'
'The RBI is not releasing Rs 2,000 notes for the last 10 days; probably they have stopped printing it.'
Our country needs massive investment in access of Rs 50 lakh crore in infrastructure to increase growth of GDP and integrate the nation with a network of roads, airports, railways, inland water and to provide good quality services to the people: FM
'Usually, customers who don't get loans from banks approach NBFCs.' 'This is one reason NBFCs price their loans costlier than PSBs or private banks.' 'NBFCs will have higher delinquencies levels than private banks for most products.'
The government is drawing up a relief package for industry with steps such as relaxation of asset-classification norms by banks, thus allowing companies to delay the repayment of loans, and tax holidays for the worst-hit sectors like aviation and hospitality. But it might not be enough to stop more bankruptcies from getting filed.
'For around five hours the storm, reportedly the strongest one ever recorded in the Bay of Bengal, that mother of many a deathly vortex, shook Kolkata like a toddler playing with a rattling toy,' observes Debashish Chatterjee.
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