The HSBC Manufacturing Purchasing Managers' Index fell to 51.3 in April from March's 52.1
'If Indians are to be truly protected, Parliament must review and address these dangerous provisions before they become law.'
Whether the rupee can regain that momentum will largely depend on foreign investors, who have been net buyers of more than $2 billion in shares over the previous 20 sessions and of $2.3 billion in bonds in March.
'No private project will take off at such high interest rates'
The apex court said its two-judge bench in its July 4 2011 order for setting up of SIT felt that 'no effort was made to bring back the money stashed in foreign banks' which could have been accounted and pumped into the 'mainstream of the Indian economy'.
Ringing Bells has said the manufacturing cost of the phone is about Rs 2,500.
The government propagandists should refrain from premature celebrations and misplaced euphoria: Congress.
Is it sustainable?' 'Or is it like an overdose of a medicine that saves your life in the short run but kills you through long-lasting side-effects?' asks Shekhar Gupta.
'I believe Modi mentioned Balochistan only to embarrass Pakistan and also divert attention toward the situation in Kashmir.' 'I think from now on, India intends to raise Balochistan whenever Pakistan brings up Kashmir or upsets them on the issue of terrorism.' 'Balochistan is the least developed of Pakistan's four provinces. It is the least educated and least economically developed. People are agitated that a region so rich in mineral resources and a sea-port is still so poor.' Baloch political analyst Malik Siraj Akbar on why the province wants freedom from Pakistan.
The rupee resumed higher at 60.13 per dollar as against the last closing level of 60.20 at the Interbank Foreign Exchange market, and hovered in a range of 60.07 and 60.18 per dollar before quoting at 60.08 at 1000 hours.
Questions on the efficacy of the government's drive towards filing of more returns by individuals and on whether raising tax exemption levels has led to reduced compliance in filing of returns by those who go out of the tax net, says A K Bhattacharya.
'The first two months of monsoon are not looking good.' 'In case both the halves fail, it is going to be misery.'
The choice clearly is between prompt corrective action and slow but sure destruction, says Tamal Bandyopadhyay.
'It is not due to my effort that I am sitting out of the team, it is due to the supply and demand that the team requires.' Ravichandran Ashwin tries to figure out why he is not being considered for the Indian team in ODIs and T20Is.
Prithviraj Hegde explains the first results of the demonetisation exercise in layman terms.
Prithviraj Hegde explains the first results of the demonetisation exercise in layman terms.
Reserve Bank of India Governor Shaktikanta Das tells Anup Roy, Raghu Mohan and Niraj Bhatt that it is time for banks to lower interest rates and start lending to cash-starved finance companies after due credit appraisal and proper risk assessment.
PS banks need to pull up their socks to improve cash flows.
While the total disbursement of housing loans by PSBs as well as HFCs witnessed a deceleration in 2016-17, there was significant growth for the lower slabs
Dr Talat Ahmad, vice chancellor of Jamia Milia Islamia suggests important reforms in the Indian education system.
Finance Minister Arun Jaitley has said that the states were free to announce farm loan waivers if they had the fiscal space and that there would be no shortfall this year in divestment and non-tax revenues.
'The economy needs to deliver the expected 7.5% growth for the markets to deliver better than single digit returns.' 'Any disappointment in growth can see the markets correcting downwards.'
'What is forgotten but is actually as important for a society's long run success is morality.' 'Morals and trust are the nuts and bolts of an economy.' 'Without those you can get short run success, but not long-run development.'
'When you oppose a policy, you are labelled anti-government.' 'The problem is, the policymakers have never done any business in their lives.'
According to sources, government officials have asked industry bodies and manufacturers to submit key concerns and requirements to begin manufacturing activity.
'MFs have a combined exposure of Rs 3.2 lakh crore to NBFCs, out of which Rs 1.1 lakh crore matures by September 2019.'
Thus far in 2017-18, FIIs and MFs have invested Rs 198.91 billion and Rs 1,119.49 billion in the Indian equity markets. Of this, around Rs 152.46 billion has come in January alone.
India on Thursday sought strengthening of SAARC monitoring desks on terrorism and drugs, underlining that illicit funds generated from narcotics and fake currency networks are being fed into supporting terror activities
Kolpak deals to end; Cricket South Africa's Graeme Smith says they will welcome back any former Kolpak players who are willing to be part of the domestic structures.
Noted economist Arvind Subramanian is favoured as the choice for the government's Chief Economic Advisor (CEA).
'If a gaming regulator is able to save even a single player's life or is able to just enforce the existing laws of the land, it works,' says cyber policy expert Prashant Mali.
Investors should now be looking at trimming their portfolio and making prudent investment decisions
'China is likely to help Pakistan in keeping the fire burning in J&K to bleed India for its own interests.' A fascinating excerpt from Lieutenant General K Himalay Singh's Making of a General: A Himalayan Echo.
The Indian business community wants to see a strong stable government with a willingness to reform, break down the shackles of the past which is holding India back.
'What has taken the government so long to understand what the people of this country are going through?'
'Not only in Kashmir, but in the rest of the country.'
Advice to the new finance minister from former RBI governor Raghuram Rajan: 1. Clean up banks by reviving projects that can be revived after restructuring debt. 2. Improve governance and management at public sector banks. 3. De-risk banking by encouraging risk transfers to non-banks and the market. 4. Reduce the number and weight of government mandates for public sector banks, and for banks more generally.
'In plain simple English, these practices amount to a looting of our country's future by some in the business community, in cahoots with some lenders,' says RBI Governor Dr Urjit R Patel.
India gets new face in pace attack
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