Classically, the Japanese - who are not guided by short-termism - added capacity during slumps to be ready to reap their good fortune when the business cycle turned upwards again and shortages emerged, says Subir Roy.
Jaitley said a very large number of reforms have taken place over the last few years and that has helped in restoring the credibility of the Indian economy
Pegged at $1.8 billion in construction deal size, The London Resort, which is located 17 minutes outside London, has attracted bids from three other construction majors from across the world.
Will have to take impairment of Rs 15,000 crore before recovering a single rupee from its arms
The two countries have decided to expedite trade related issues and signed six pacts to take forward their strategic partnership. Rediff.com's Sheela Bhatt, who is travelling with the prime minister on his visit to Indonesia, reports from Jakarta.
The resolution plan has to be put to work this month itself. Jet has a debt of over Rs 8,000 crore and needs to make repayments of up to Rs 1,700 crore by the end of March.
All credit to the finance minister for walking the fiscal and expectation tightrope extremely well in his budget speech, says Ganesh Natarajan.
The National Democratic Alliance won 64 seats.
Scams happen with high regularity because the price of getting caught is insignificant. Aggrieved investors run from the police to already clogged courts to find redress for issues for which financial regulators have been specifically set up. For over 3,750 years we have known what to do, but we don't do it, observes Debashis Basu.
'In terms of growth rate, India is better than China.'
It emphasised that agricultural infrastructure needs considerable investments and hence Section 80IA benefits must be extended to all such investments like IT infrastructure, computers, VSAT, solar panels, water harvesting facilities, storage etc.
Prime Minister Narendra Modi on Sunday left for the UAE on a two-day visit packed with a string of engagements high on substance and symbolism, including talks with the country's leadership and an address to the Indian diaspora.
EduBridge is emerging as a strong player in training unemployed youth.
India has more than 45 million SMEs, accounting for nearly 40 percent of gross domestic product.
According to preliminary information memorandum, Air India's new owner will be asked to list the company in some time
In a Facebook post on the second anniversary of demonetisation, Jaitley said in first four years of the National Democratic Alliance government, the number of income tax returns filers has gone up to 6.86 crore from 3.8 crore in May 2014.
The incoming government will have to encourage private investments, bring down cost of capital
China's economy, which suffered 6.8 per cent slump in the first quarter due to the coronavirus pandemic -- the worst in 44 years -- bounced back posting 4.9 per cent growth between July and September buoyed by the government's sweeping efforts to stimulate demand and consumption.
This finance minister has come of age. That's not condescension. It is a praise, says Omkar Goswami.
The average rating was seven out of 10.
Modi is also scheduled to hold a bilateral meeting with Xi on Tuesday.
Capex for next year expected to be up 25% to Rs 3 lakh crore
'The trading community will be a priority for Modi when he forms the next government.'
Sheridan and Waldron will stand in a match between Tea Tree Gully and Northern Districts in Adelaide featuring Australia's vice-captain Travis Head.
India has moved up 16 positions to rank 55th on a global index of the world's most competitive economies, where Switzerland remains on top.
Iran's decision to keep India out and welcome China to the scene is a huge strategic setback for India, observes Dr Rajaram Panda.
13 eminent economists, including former RBI governor Raghuram Rajan and current International Monetary Fund Chief Economist Gita Gopinath, in a report have asked the political establishment not to resort to populist tricks.
Several brokerage houses have given a year-end target of as high as 30,000 for the BSE bourse's benchmark Sensex, with fund managers telling investors not to redeem though the index is still only around 25,000.
Moody's Investors Service on Friday projected India's growth at zero per cent for the current fiscal and said the negative outlook on sovereign rating reflects increasing risks that GDP growth will remain significantly lower than in the past. The outlook also partly shows weaker policy effectiveness to address economic and institutional issues, it noted in the update to its November 2019 rating forecast.
If a feasible business model is worked out for cable operators, they will not only build the last-mile networks, but also market them among the local population telling people the benefits as well as how to utilise them
NDA government has shunned populism.
ICICI Bank on Sunday said there is also enough space for Chinese banks to play a complementing role in the India.
Indian states are preparing for a Rs 1.9 lakh crore (Rs 1.9 trillion) tax windfall this fiscal year.
Enduring harrowing days after her right hand was chopped off allegedly by her employer in Saudi Arabia, Kasturi Munirathinam arrived in Chennai on Saturday.
Iceland's fairytale progress to the last eight of the European Championship is just what the competition needs to prevent it going stale and a model for smaller nations to realise their dreams, UEFA said on Tuesday.
Income from renting of properties is taxed at a flat rate of 10%.
Indian-American business leaders meet to discuss ways to make this initiative a success.
Modi government expects cargo traffic at its ports to jump by two-thirds by 2021 as India ramps up exports of goods including cars and other machinery.
US Ambassador Richard Verma's tips to the Indian states.
Finance minister Arun Jaitley has delivered a Arun Jaitley delivered a bold, far sighted budget
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