At $2.6 trillion, the Indian economy is currently ranked sixth in the world behind the US, China, Japan, Germany and the UK.
Zoho's co-founder and CEO Sridhar Vembu is set to be the chief guest while Accenture's managing director and head of operations (Chennai) Rama S Ramachandran is to be the guest of honour at the 'Resurgent Bharath' event to be held in Chennai on February 2, reports Neha Alawadhi.
When he speaks of them, it is either in denial or to highlight successes that are only part of a larger story that is worrisome in its totality, observes T N Ninan.
...and getting GDP to measure India's data economy, recommends Ajit Balakrishnan.
FIXES BY THE GOVERNMENT: Energy price fixed, tax issues linger.
Prime Minister Narendra Modi delivered the customary Independence Day address to the nation after unfurling the Tricolour at the Red Fort. India is marking its 74th Independence Day under the shadow of the Covid-19 pandemic.
'From the time India liberalised in the 1990s, the government has policies are for facilitating the growth of the manufacturing sector.' 'The policies were put in the hope that growth of the manufacturing sector will lead to increased employment,' points out Chidambaran G Iyer, Senior Fellow, Pahle India Foundation.
Beside manufacturing, deceleration was also witnessed in sectors like agriculture, construction and electricity, gas and water supply.
Niti Aayog's plan to create a 'New India' in less than four years should invite scepticism, argues T N Ninan.
Policy lays out a 5-year road map seeking creation of 3.5 mn jobs and promoting 10,000 start-ups.
India's industrial production grew by 1 per cent in December, official data showed on Friday. According to the Index of Industrial Production (IIP) data, the manufacturing sector output grew by 1.6 per cent in December 2020.
'Why should my vaccine certificate, which I got paying my own money, have the picture of the prime minister?'
The internals of the food inflation are worrying, given a broad-based uptick across categories that tend to be sticky, such as proteins, and a narrower-than-expected reduction in inflation for vegetables.
The encouraging news, however, is that India features among the top four countries out of 44 nations that projected a positive hiring trend.
'This solid verdict would further strengthen his resolve to drive forward the economic agenda to ensure that the fruits of the economic momentum continue to reach the poor, so visible during the last five years.'
'Silencing citizens has become a major institutional process under this regime.' 'The anti-Indian argument is a bogey -- meant to silence independent thinking people in India and turn us into goats and sheep.'
Indian-American Ghazala Hashmi, a former community college professor, created history by becoming the first Muslim woman to be elected to the Virginia State Senate.
The studies found that sectors with the highest unaccounted income included real estate, mining, pharmaceuticals, pan masala, gutkka and tobacco, bullion and commodity markets, film industry, educational institutes and professionals.
'There cannot be any compromise on that. After all, all instrumentalities of the State have been made to serve it. Why was the Constitution made? It was made to serve the cause of India.'
Moody's Investors Service on Friday said India's economy is expected to contract for the first time in more than four decades saying economic damage owing to the coronavirus-induced lockdown will be significant with lower consumption and sluggish business activity. Even before the coronavirus outbreak, Indian economy already was growing at its slowest pace in six years and with the stimulus measures announced by the government falling short of expectations, the disruptions are likely to be greater. "We now expect India's growth to register a real GDP contraction for the fiscal year ending in March 2021 (fiscal 2020-21), from our earlier projection of zero growth," it said in a research note.
India needs to revive corporate sector investment, push critical reforms and remove infrastructural bottlenecks to boost industrial growth in the country, says a government document.
The First Advance Estimates of National Income, 2016-17 did not reflect the impact of demonetisation, effected on November 9 and are based on sectoral data for only seven months to October.
So, what's the problem if our present is screwed up when the future promises to be profitable? It's an Indian habit, notes Shyam G Menon.
'The answer for a quicker boost to growth is simple -- run a much larger deficit, use the resulting public resources to ensure adequate price support for agriculture, subsidise wage costs of MSMEs and accelerate public sector construction-intensive activities,' advises Nitin Desai.
Modelled loosely around the National Highway System of the US, he in 2001 launched the Golden Quadrilateral and the North-South & East-West Corridor projects to build 4/6 lane highways between four top metropolitan cities of Delhi, Mumbai, Chennai and Kolkata as well as from Srinagar to Kanyakumari and Porbandar to Silchar.
'Who are these people on the streets?' 'They are youth and students who were hoodwinked, bluffed by Modi for the last seven years, with a promise of 2 crore jobs every year.' 'And Mamata sings the same tune.' 'But the youth can see that as long as there is Mamata or Modi, there is no hope.'
'Joko's re-election bid has been as tough as Modi's.' 'But in a curious reversal of roles, what Joko faced was a platform somewhat akin to Modi has chosen for himself to woo voters,' notes Ambassador M K Bhadrakumar.
'Look at the number of billionaires, the number of new billionaires in India.' 'Adani and Ambani are not the only ones.' 'What's wrong with people making money as long as it benefits us?'
'But an overthrow of the Afghan government would really embolden regional militant groups in a big way.' 'LeT and JeM could be emboldened, and prompted to replicate in Kashmir what the Taliban did in Afghanistan.'
The government is expected to route all its official communication through the official website National Informatics Centre's email service.
The reversal of Trump's policy with regard to Iran, like the withdrawal from the Paris Agreement, may not be a matter of just turning the clock back, but one of patient negotiations, with uncertain consequences in the post-COVID-19 world, observes Ambassador T P Sreenivasan.
British Virgin Islands, Mozambique, the Netherlands, Mauritius and Singapore were the top five nations where Indian firms made investment of $9.6 billion in the last three years.
If pandemic (mis)management threatened to dominate Goa's electoral discourse, the BJP is up against a deeper structural issue in its organisation, created by the fact that a majority of the legislature party and the ministerial council is made up of Congress defectors, disparagingly referred to by the Opposition as "imports". Radhika Ramaseshan reports.
The economy has shown sharp resilience in the past and has also bounced back in good time. We could hence expect a similar trajectory next year, observes Madan Sabnavis, chief economist, CARE Ratings.
'Imagine China pursuing its aims in Jammu and Kashmir by using Pakistani and now Afghan proxies.'
Irrespective of the outcome of Tuesday's keenly-contested US presidential election, America's strategic relationship with India is expected to maintain the current momentum and strengthen further, policy documents and remarks from the two campaigns indicate.
The US is not in a forgiving mood for being humiliated in such a manner by an insurgent force and made to look 'loser' internationally, predicts Ambassador M K Bhadrakumar.
The decisive election victory for the Narendra Modi-led National Democratic Alliance has created a conducive environment for policy actions and should help in economic recovery, Reserve Bank of India Governor Raghuram Rajan said on Tuesday.
A large chunk of the Rs 8.8 lakh crore of investments the Patnaik government had attracted is in uncertain territory.
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