'Even if Serum Institute and Bharat Biotech were successful in ramping up production overnight, what happens to the capacity after the demand from India is met?' asks Sanjeev Nayyar.
The reform priorities are clear: enhance savings, improve productivity. Just 25 basis points of moving interest rate up or down would not boost investment: Former RBI Governor Y V Reddy.
The government was also faced with problems on its balance of payments. It took steps to conserve declining foreign exchange reserves, and began to regulate the production, supply and distribution of gold. It banned forward trading in the yellow metal in November 1962, and introduced gold bonds as well, reveals the RBI's annual report for the year ending June 1963.
A United Nations' body has called for greater public and private spending for upgrading critical areas of India's infrastructure, a key driver of the economy, and said a bulk of these investment need to be generated internally.
Bimal Jalan, has recommended to the government that it cut fiscal deficit to 3.6 per cent of the GDP during 2015-16.
Modi campaigned on the issue of national security, which cannot be ensured without a strong economy.
Eddie Lampert and Warren Buffett get ready to sell you a ride.
Finance Minister Arun Jaitley presented the Union Budget.
The first public-private partnership (PPP) initiative in bottled drinking water has taken shape at Amethi in Uttar Pradesh, with a Rail Neer plant set for commissioning.
Mauritius is biggest route for investment into India.
Experts have started giving comments on provisions that the govt must make in Budget 2016-17.
Modi govt must bring about reforms to kick-start big-ticket infra projects.
'Basic Covid protocols were not followed, which is why so many teachers lost their lives.'
Railways to have functional autonomy, bear salary burden
The implementation of their recommendations means that an adequate apparatus to change this is at the disposal of the government.
"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).
'As his party's Supreme Leader, Modi has led India down the wrong road by insisting on friendship with China even as its soldiers went about claiming territory,' argues Harishchandra Dighe.
Resource constraints have forced the planning commission to scale down investments by 12.5 per cent in crucial areas including agriculture, power and manufacturing.
A United Nations expert body on Thursday said surge in food prices in India is a matter of concern, but retail price inflation will cool down to 7.5 per cent this year from around 12 per cent last year.
This comes as IR posted its worst operating ratio (money spent to earn every Rs 100) in 16 years, at 96.9 in 2016-17.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
Major corporates are staring at an uncertain future after investing substantially on their projects
Several speakers noted that Budget carried the weight of expectations.
The tall claims that the state administration, particularly Modi's highly charged PR machinery has created to hardsell the state, and in turn Modi himself, are not reinforced by the numbers
'We have often heard the mythical argument that patents block access to life-saving drugs, but only 5% of medicines from multinational companies are under patent protection in India.' 'Where these patented products are beyond the reach of Indian patients, the companies have programmes to facilitate access to their drugs, for free or for a fraction of the price,' points out Ranjana Smetacek, former director general, Organisation of Pharmaceutical Producers of India.
If anything has become clear during this campaign, it is this: Mr Modi can bat on almost any wicket and hit the ball over the ropes, points out T N Ninan.
India is in the midst of its biggest crisis since Independence. It is a national emergency and begs to be dealt with. Politics can wait. Lives need to be saved. We need to vaccinate India at a pace faster than any country in the world, asserts Ramesh Menon.
A closer look at the data reveals that a lot of the items are not part of this calculation. The notable ones include buffalo meat, marine exports, raw cotton, and plantation crops such as tea, coffee, rubber, etc.
The Pakistan Hockey Federation has threatened to pull out of next year's World Cup in India unless assured of "easy procurement" of visas and "top security" for its players at the event.
Sidbi acquires Ahmedabad-based start-up at hefty premium; founders deny link to govt.
The Indian economy is expected to return to the pre-crisis growth trajectory of about 9 per cent in a couple of years.
The Indian regulator played key role in uncovering the identity of two Indian men who floated the scheme
According to the report, the generation projects envisaged for completion by 2018-19 need to be given priority in fuel linkage.
India and Tajikistan on Monday pledged to further deepen their cooperation to fight terror and agreed to step up defence ties besides boosting trade and investment.
'When you forgive a farmer's loans there is this ideological economists lobby which says: 'That's socialism. And that's bad'.' 'But to forgive the loans of big people, so that they will be interested to invest further is capitalism and is good.'
Abu Dhabi national carrier had bought 24 per cent stake in Jet Airways for $379 million in April.
Banks bore the brunt of the sell-off.
Economists have cautioned that any deferment of the government's fiscal goals would prove counter-productive and raise the interest payment burden.
The government is considering a proposal to privatise some state-owned banks in phases.
The Centre has to bear the maximum burden of borrowing NSSF loans to the tune of Rs 1 lakh crore.
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