'Let us also not expect that there will be a clean break with the past, much though the new government might like to think about it. In a functional democracy that is neither feasible nor desirable. But basic change it must be,' says Shreekant Sambrani.
The GDP always has a base year, which defines the composition of the economy in that year. As the composition changes, the base year needs to be revised regularly. Abhishek Waghmare explains how that is done.
At this point of time, the requirement of the economy is obviously more investment, which will create more jobs and increase purchasing power that will sustain a high level of production, says K M Chandrasekhar.
Earlier, an inter-ministerial group used to take these decisions.
Dr Ashwani Mahajan, all India co-convenor of the Swadesh Jaagran Manch and an associate professor at the Delhi University, discusses the state of the Indian economy in an interview with Rediff.com's Shobha Warrier.
He said the Congress party might give a surprise or two in the Lok Sabha elections in Uttar Pradesh 'about what the party is capable of doing and to mobilise people'.
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The cap on FDI in retail has been totally removed, while the limit in insurance sector has been enhanced to 46 per cent.
Rajan retained the short-term lending rate at 6.5 and the cash reserve requirement of banks at 4 per cent.
China has been trying to build lobbies of influence and mould public opinion in India since at least 2017, and large sums have been invested in the effort, reveals former RA&W officer Jayadeva Ranade.
As the country readies to go to polls on July 25, one can't deny the role of the military, but there are other factors too.
BPCL's impending privatisation and RIL's stake sale to Saudi Aramco raise questions about the future of the West Coast Refinery, once touted as the world's largest.
Private labels remain big business for e-commerce marketplaces. They comprise almost 15 per cent of the total business of such firms.
India's real GDP growth is set to exceed 7 per cent for CY-2015.
'At the previous 18th party congress, Xi vowed to protect China's 'core' interests.' 'As a result, India faced a barrage of serious incidents on the borders with China -- at Depsang, Chumar, Pangong Tso and Doklam.' 'New Delhi will watch closely the political signals emanating from Beijing this week,' says China expert Srikanth Kondapalli.
'Growth is predicated on the misery of large sections of people.' 'Maybe Hindutva will be used to suppress any such unrest.'
Has the Modi government been more at odds with institutions than other governments? There is no doubt that there have been more run-ins. While the RBI and CBI cases have drawn attention, there have been others, less publicised, Subhomoy Bhattacharjee points out.
Amid a spurt in terror attacks in various countries, Prime Minister Narendra Modi on Thursday said terrorism is the "gravest threat" to the world, "equally impacting" India and Mozambique which agreed to strengthen security and defence ties and bolster cooperation in food security.
The Australian government has demanded the country's most funded sports rein in gender discrimination for travel arrangements to major events or risk having their support cut.
Domestic and foreign companies pour in a slew of investments in Gujarat.
The CBI today registered three FIRs and a preliminary enquiry to probe alleged irregularities in Indian Airlines-Air India merger and purchase of 111 aircraft, leasing of planes and giving up of profit-making routes by Air India, causing a loss of thousands of crore of rupees.
The development of the Rih-Tiddim road and establishment of numerous rural "haat" (flee markets) along the Mizoram-Myanmar border would also increase the trade volume, Modi said while addressing a public meeting at the Assam Rifles ground here after inaugurating the 60-MW Tuirial hydro-electric power project.
Greenpeace activist Priya Pillai was offloaded from her flight to London as her proposed "testimony" before a British parliamentary committee would have been "prejudicial" to India's interests, the Centre has told Delhi High Court.
The cloud kitchen market in India will hit $1.05 billion by 2023. Just 13% of the total market has been utilised so far.
"Call it a craze, fever or national interest but HSR is our window to the outside world."
MCX said it has no exposure to crisis-hit NSEL, which has to settle dues worth Rs 5,600 crore to investors after it suspended trading.
The Union government is keen to ensure financial security for unorganised sector workers
The BJP's manifesto for UP elections promised many things. But, given the state's precarious financial position, fulfilling these promises is likely to prove tricky, says Ishan Bakshi.
Finance minister Arun Jaitley has delivered a Arun Jaitley delivered a bold, far sighted budget
The booming Chinese economy will register a much slower growth at 8.5 per cent in 2005 compared to 9.1 per cent in 2004 due to a possible slowdown in both investment and exports, the state media reported on Friday.
'New Delhi and Washington are now on the same page, on dealing with growing Chinese assertiveness, across the entire Indo-Pacific region,' notes Ambassador G Parthasarathy, Chancellor, Central University of Jammu.
'As for tricky relations with China, India needs less of summitry type event management and more anticipatory analysis and management of events,' says Ambassador Jaimini Bhagwati.
President Pranab Mukherjee administered the oath of office and secrecy to Justice Kehar at the Darbar Hall of Rashtrapati Bhawan.
Traditional plans are the biggest area of concern for consumers.
The second-longest serving chairman introduced quite a few measures for the primary market and implemented a new corporate governance framework.
The Budget decides to take the lead in revving up infrastructure.
What does Nobel Laureate Abhijit Banerjee thinks about India's education sector?
Finance firms in these SEZs likely to get tax breaks.
Home and kitchen appliances, electronic products, apparel and B-segment cars stand to gain.
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