Unctad's GDP projection is broadly in line with forecasts by Indian agencies like the Reserve Bank of India and the Prime Minister's Economic Advisory Council, which have projected a growth rate of 7.9 per cent and 7.7 per cent respectively in 2008-09, as against 9 per cent recorded in 2007-08. Finance Minister P Chidambaram expects the Indian economy to expand by more than 8 per cent this year.
MAG was constituted by Department of Electronics and IT in February 2014.
Chief Minister MK Stalin has shown that he is cut from a different cloth when it comes to embracing what is current, modern and absolutely necessary. Thus, even while retaining the spirit and content of the pan-Tamil, Dravidian socio-political and socio-economic ideology to the 't', his government has also acknowledged the need to accepting scientifically-proven facts in operational matters, says N Sathiya Moorthy.
In the advisory to political parties, the poll authority also emphasised on "clean and serious" campaign as electioneering reached feverish pitch in the southern state.
The bold decisions are part of the Congress 'Nav Sankalp' declaration that was adopted at the end of the three-day 'Chintan Shivir in Udaipur, indicating that the party has chosen to put its weight behind the young leadership after a prolonged old-versus-new tussle.
India lags behind many nations in managing exchange rates, including China and Singapore.
Liberian leader Ellen Johnson Sirleaf was on Thursday conferred the coveted Indira Gandhi peace prize by President Pranab Mukherjee who said India will continue to support the African nation in its pursuit of stability and economic growth.
India, the US and 12 other members of the IPEF grouping have signed a supply chain resilience agreement that would help mitigate risks of economic disruptions from supply chain shocks and improve crisis coordination. The agreement would help member countries like India to reduce their dependence on China and provide timely information to the IPEF member countries about potential supply disruptions. The COVID outbreak severely disrupted the global supply chain, as most countries were dependent on China for various products like pharma raw materials.
The Bharatiya Janata Party on Tuesday said it will "unequivocally" oppose the Communal Violence Bill when it comes up for discussion and passage in Parliament as it is a "threat" to communal harmony and an "attack" on the federal structure.
Speaking about the field that India could enter when it came to commercial application of nano science and technology, Rao suggested that India foray into manufacturing sensors.
The divestment of HPCL and BPCL may be delayed by at least three years because of "existing hurdles", prime minister's economic advisory council committee member and BJP national executive member Jagdish Shetigar said on Thursday.
The Supreme Court on Thursday agreed to hear a Public Interest Litigation seeking quashing of all proceedings against suspended Indian Administrative Service officer Durga Sakthi Nagpal, who had cracked down on illegal sand mining in Uttar Pradesh.
'He told senior journalists a few days after the Babri Masjid demolition, 'Jo hua theek hua. Maine isliye hone diya ki BJP ki rajniti hamesha ke liye khatam ho jaye.'
Year by year, our cities remain defeated in the face of weather conditions, costing us time, money, resources and often lives, observe Amit Kapoor and Bibek Debroy.
The advisory was issued as thousands of Indians studying in Chinese medical colleges are currently stuck at home for over two years due to Beijing's COVID visa ban.
The Planning Commission in May 2012 had constituted the expert group under the then Prime Minister's Economic Advisory Council Chairman C Rangarajan to review the Tendulkar Committee methodology for estimating poverty, following an uproar over the number of poor in the country.
rediffGURU Maxim Emmanuel offers expert advice on how to make an informed career choice.
'The Maharashtrian Congressmen's decision to break away from their reluctant leaders in Delhi to side with the Shiv Sena is seemingly the first sign that the 'high command' is not as powerful as is believed,' says Amulya Ganguli.
An office bearer of the all-powerful BCCI will now be paid a daily allowance of US$ 1000 on foreign tours and will fly first-class.
Cancellation of at least Rs 3,000-crore worth of business has happened in the past few weeks.
The health minister said the Centre has taken timely measures ahead of the summer season to address heatwave-related illnesses.
'What we have to think about is, how to improve the efficiency of public sector banks.' 'You have to make decision-making more prudent, and free from government intervention.'
Handed over the charge of BJP's campaign in the next Lok Sabha polls, Narendra Modi on Sunday virtually sounded the election bugle as he targeted the UPA government over various fronts and asked party cadres to work for "Congress-free Bharat Nirman".
Tharoor, among the group of 23 leaders who had written to party chief Sonia Gandhi in 2020 seeking large-scale reforms, said 'reformists' at the end of the day wanted a more consultative process where a wide variety of voices would be heard and taken into account before decisions were made.
Banks should neither be timid nor adventurous while lending as the loans of today should not become NPAs of tomorrow, he said.
Actor and social activist Rahul Bose launched a campaign by writing a postcard to Prime Minister Dr Manmohan Singh to fulfill the nine-year old promise of tabling The Prevention of Communal and Targeted Violence (Access to Justice and Reparations Bill). Bose launched the send to PM postcard campaign as member of 'Justice for All' organisation.
Debroy worked as a consultant in the Department of Economic Affairs in Finance Ministry.
On the lines of the Sachar Committee for Muslims, Prime Minister Manmohan Singh has set up a panel to assess the status of Scheduled Tribes, to ensure their progress in socio-economic, health and education fields.
India's national security strategy needs to be revised periodically since the global and regional geopolitical situation is dynamic, points out Commodore Venugopal Menon (retd).
The gala organised by the Asian Pacific American Advisory Council and National Committee of Asian American Republicans on Friday was attended by ambassadors from several Asian countries including the Indian Ambassador to the US Navtej Sarna.
Gujarat and Karnataka have been ranked as the best performers in developing startup ecosystem for budding entrepreneurs, according to the ranking of states and Union territories by the Department for Promotion of Industry and Internal Trade (DPIIT). Among smaller states having population of less than one crore, Meghalaya has been adjudged as the best performer. The rankings are based on the initiatives taken to develop the startup ecosystem for promoting budding entrepreneurs.
India had been striving for long to get a UNESCO tag for this cultural site located in Birbhum district.
'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.
In his book Arun Bhatnagar, a retired IAS officer, makes a dig at Hardeep Singh Puri, former diplomat, Union minister and BJP nominee from Amritsar Lok Sabha seat, for Rajiv's faulty Sri Lankan policy, writes Rasheed Kidwai.
It is when one looks away from the immediate song and dance and at the granular detail of what has been going on since 2014 that one realises what the quality and competence of thinking and execution is in this project we call New India, asserts Aakar Patel.
If that happens, India's economic size will be just shy of $20 trillion and its annual per capita income will be about $10,000, when the country celebrates its centenary of independence.
India might be heading towards a "serious livelihood crisis" as the situation seems to be worse this time for the working class amid the COVID crisis and local restrictions by states already add up to something close to a nationwide lockdown, according to noted economist Jean Dreze. In an interview to PTI, he also said the government's target to make India a $5 trillion economy by 2024-25 was never a "feasible target" and was just to pander to the "super-power ambitions" of the Indian elite. About the impact of the second wave of COVID on the Indian economy, the eminent economist said the situation today is not very different from what it was around this time last year as far as working people are concerned.
The SC bench, headed by Chief Justice Dipak Misra and comprising justices A M Khanwilkar and DY Chandrachud on Thursday reverted to the old five-member selection committee for both senior, junior and women teams.
Sonia Gandhi's prime ministerial ambition for her son has been a major factor in the Congress's internal politics since 2004, points out Amulya Ganguli.
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