India's 100 top billionaires have seen their fortunes increase by Rs 12,97,822 crore since March last year when the Covid-19 pandemic hit the country and this amount is enough to give 13.8 crore poorest Indians a cheque for Rs 94,045 each.
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.
A DoT panel has backed net neutrality and made some recommendations to push the cause
Analysts cautious on outlook, expect earnings to remain under pressure over medium term.
Private participation remains lacklustre.
"The stand of the government, I have told you very clearly and categorically, is that it is a talk on terror," Telecom minister said.
As the Indian equities signed off 2019 on a remarkable note, the m-cap of BSE-listed companies rose by Rs 11,05,363.35 crore to Rs 1,55,53,829.04 crore.
Taking advantage of the RBI's different accounting year, the Centre had started demanding an interim dividend till the time the latter's final balance sheet is prepared (usually in August). To address this anomaly, an expert committee led by former RBI governor Bimal Jalan had recommended aligning the RBI's financial year with that of the government.
'China has gone too long as a rogue power, trashing international norms, agreements, and treaties as if they were not the paper they were written on.' 'The ill-advised attack on Ladakh may be the beginning of the end of that nonsense,' advocates Rajeev Srinivasan.
The former PM also hit out at the Modi government saying it was "harping" on corruption to divert people's attention.
In his first address to the nation, on the eve of 71st Independence Day, President Ram Nath Kovind hailed the government's demonetisation and GST decision.
There is little sense in trying to find stocks that will not be vulnerable in a situation where 87% of the market is trending down and India is getting set for a crucial election, says Devangshu Datta.
Most employment surveys suffer from drawbacks such as limited data coverage, infrequent data collection, and time lag
The Modi government's array of economic policy has been impressive.
They are asking TRAI to reject the plan in the interest of protecting the citizens' right to use Internet
A good monsoon could rein in food inflation. Largely good corporate results mean better days are ahead. Nifty may reach record levels, points out Devangshu Datta.
Banerjee supported 'Nyay' (poverty alleviation scheme of Congress) and people of India rejected his ideology, the BJP leader said.
The Modi government has handled inflation far better than any government in the past two decades. Both the stock market and currency indices have begun to show confidence in the economy, despite the mounting global headwinds of trade.
Palaniswami and Paneerselvam joined to oust Dinakaran and EC cancelled R K Nagar by-election.
Nifty crosses 9,750-mark; Bharti Airtel, TCS, Wipro, Lupin and Coal India gained the most on BSE Sensex
CEOs expect populist measures in the Budget, to help the poor and marginalised, who make up for the largest section of voters.
The S&P BSE Sensex plunged 301 points to close at 25,490 and the Nifty50 fell 86 points to end at 7,815.
Chandrayaan-3's success is a must for India's space ambitions; we can't afford to lose out. And for realising our space dreams, the Indian private sector must be encouraged because if we lose this race, the moon, Mars, and mineral-rich asteroids will already be crowded before we reach there.
Can we make high speed 4G Internet available at 10 cents per GB, and make all voice calls free of cost -- that too in a large and diverse country like India? Can we make high-quality but simple breast cancer screening available to every woman, that too at the extremely affordable cost of $1 per scan? Can we make a portable, high-tech ECG machine which can provide reports immediately and that too at the cost of 8 cents a test? Can we make an eye imaging device that is portable, non-invasive and costs 3 times less that conventional devices? Can we make a robust test for mosquito-borne dengue, which can detect the disease on day 1, and that too at the cost of $2 per test? Amazingly, says Dr R A Mashelkar, the eminent scientist, all this has been achieved in India, not only by using technological innovation but also non-technological innovation.
'The economy is in a free fall.'
'And it's been declining for so long, so consistently, that the promise of growth and better days now looks a fantasy.' 'A mid-1970s kind of pessimism, even hopelessness, is growing among the young.' 'This isn't what Mr Modi promised them.' 'Their aspirations and needs are clear and present, and not being fulfilled,' notes Shekhar Gupta.
Combining affordable IT with native Indian ingenuity and entrepreneurship F C Kohli believed would enable Indian small businesses match anyone and thrive.
Industry is displeased over the failure of the National Manufacturing Policy, which has failed to invite any sizeable investment since it was launched more than two years ago.
No one expects the government to publicly concede policy mistakes. But it can shed denial; and, stop the point-winning debating style to the formulation of public policy, says Rahul Khullar.
Watal panel had suggested an independent payments regulator be set up.
The change in stance follows a strong opposition by automakers of the proposed government plan to ban two-wheelers (below 150cc) and three-wheelers by 2023 and 2025, respectively
The apex court had observed that the allocation was arbitrary, illegal, and resulted in unfair distribution of national wealth.
A brief report card on Modi's ministers.
Mark Zuckerberg said the company believes in Net neutrality "very strongly".
'This coming general election is not going to be about manifestoes.'
Anything can happen, says a young Congress leader.
What will it take to get India's poor broadband penetration to be seen as a problem and not as a condition, thus enabling real, serious e-commerce to take off in India?
The decision has been taken at a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi.
The minister also cautioned the social media giant and its CEO Mark Zuckerberg of repercussions under the IT Act in case of any data breach came to light.
The Commerce Ministry earlier this week commissioned a study to assess the impact of free trade agreement with South Korea, with which India had a trade deficit of about $9 billion in 2012-13.
Economy to grow by 7.2-7.5 per cent in second half of current fiscal, says FM.
