Nepal has suffered a loss of up to USD 10 billion in the devastating earthquake and the subsequent aftershocks that rattled the Himalayan nation, the government said on Friday, as it appealed to donors for long-term support for bringing the country back on track.
On the back of ongoing reforms and stress on manufacturing, India. he said, can look for much bigger share in global exports.
The RBI expects change, presumably commencing in the next Budget, but must hold its current view until this actually happens.
After launching a book on experiences of Naidu during his first year as vice president of India and chairman of Rajya Sabha, Modi said he always provides visionary leadership whenever he gets a responsibility.
A Narendra Modi administration would believe more in decentralisation than would a Rahul Gandhi administration, says Arvind Panagariya.
The NDA government was initially reticent about fleshing out its economic strategy for the future. But now that it has taken enough bold initiatives on the economic front it must have the confidence to tell us more about its approach going forward, says Abheek Barua.
Worse still, the cities ranked second, third and fourth for their poor air quality are also in India.
'Let us not say that Modi has not delivered on anything; he has delivered something and in parts substantially, but he has to also deliver on a large number of his electoral promises.'
"India's economy is projected to sustain a 7.6 per cent growth rate in both fiscal years 2016-17 and 2017-18," says the year-end update of the flagship report Economic and Social Survey for Asia and the Pacific 2016 of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
'What is bank recapitalisation? When the rich take loans and do not return and the government returns that money to the banks.' 'What is restructuring 5:25 scheme? The government says don't return now, just tell us you will return after five years.' 'Why don't we apply these schemes to farmers?' 'I want to increase the power of farmers to blackmail the government as everyone in the country has the power to blackmail.'
Over 15 years, with seven per cent growth, the Indian economy will be three times bigger.
Welcoming the "comprehensive and inclusive" roadmap of the Narendra Modi government on various issues spelt out by President Pranab Mukherjee, Tamil Nadu Chief Minister Jayalalithaa on Monday said it had raised expectations on performance and delivery against the ambitious goals that the government has set for itself.
Once ISRO masters the technology to send humans into space, the next step will be experimenting with technologies allowing humans to live in space.
A political party's manifesto is the first stage of building a compact with the voters in any governance plan. If that compact is dependent on a document that reeks of fiscal imprudence and lacks credibility, it is a serious setback to the country's democracy and governance, says A K Bhattacharya.
He said countries should work for promoting open and inclusive cooperation for win-win outcomes.
After assuming power in 2014 with a full majority of its own, the BJP-led NDA government started an ambitious process of reforming labour laws in the form of codes aimed at making the framework less cumbersome with a variety of alterations. It had planned four codes each for industrial relations, wages, social security and welfare, and occupational safety, health and working conditions. To this end, 35 central labour laws were to be converted into four codes that would have had the virtue of streamlining labour relations. But none of the proposed code Bills could be converted into a law principally because neither trade unions nor industry representatives came on board. They hold the key to India's low-growth-high unemployment paradigm but the government may struggle to push them through this time as well. Somesh Jha explains why
Volkswagen's emissions scandal is fueling investor fears about the environment.
At the first meeting of Governing Council of NITI Aayog on Sunday, Prime Minister Narendra Modi will seek views of Chief Ministers.
A quick scan of prime ministerial speeches at the PBD going back to 2009, another election year, reveals no political utterances by either Modi or his predecessor, Dr Manmohan Singh.
Along with the US and China, India could be a big enough force in global manufacturing
The resentment against the government has increased.
Cabinet note being readied, on basis of study, to ensure against foodgrain shortage; might require buffer of up to 50% more.
Defiant employees from multiple US government agencies are fighting the Trump administration's gag orders on climate change and penchant for "alt facts" with rogue Twitter accounts.
Besides, the government would also undertake and promote steps for water conservation and curbing extraction of underground water, which is depleting the water table and is a matter of concern, the minister said.
Decision-making has to be much quicker, the finance minister said.
A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.
Andhra Pradesh, Uttarakhand, Maharashtra and Tamil Nadu likely to be India's most water-scarce states this summer
The need of the hour is to strike a balance between the capability of the conventional and the prospect of the renewable to give a realistic shape to the Prime Minister's vision, says Rajiv Mishra.
The government must realise that it has very little time to recover itself, its reputation, its legacy - and India's fortunes,says Mihir S Sharma.
Let start-ups be start-ups until they become grown-ups, let young entrepreneurs be experimental and bold, let VCs do their job, but for God's sake, the nation must prime the real grown-ups to solve the imminent issues., says R Gopalakrishnan.
'I have promised that I will eliminate the problem within four weeks.' 'We know -- in fact everybody in Punjab knows -- who are the people who control the drugs supply and trade.' 'We need to tackle them.'
Outfits related to labour and agriculture critical of policies, say their voices are not being heard. Archis Mohan reports.
'Imran Khan hopes to fulfill the dreams of the founders of of Pakistan in establishing an Islamic Welfare State.' 'The grave situation of the economy makes realisation of this dream very difficult,' points out Colonel R N Ghosh Dastidar (retd).
'We are allowing FDI on the terms of the investors, multinationals.' 'We bow down to whatever they say.' 'When they say you open this sector, we open that sector.'
Single window clearances for realty must.
Economy to grow by 7.2-7.5 per cent in second half of current fiscal, says FM.
A policy-related problem that urgently needs to be redressed is the 'miniaturisation' of projects.
'It's the first-ever US presidential visit which is specially planned for India.' 'The standalone visit itself has achieved something already. Don't underestimate it.' Sheela Bhatt gives us an exclusive glimpse of what the Modi government hopes to achieve from Trump's visit.
Ahead of his government's first full year budget, Prime Minister Narendra Modi on Friday sought ideas from economists to attract investments, create jobs and finance infrastructure to put India back on high growth path.
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