He cited demonetisation, 'wrong' GST and the lockdown as three examples of government's attempt to destroy the informal sector, that provides 90 per cent jobs to people.
Technology has and will continue to fundamentally reshape the world, says World Bank president Jim Kim.
'I am not minimising either the seriousness or the complex nature of the current situation.' 'Naturally, we have to do what it takes to secure our borders.' 'We are talking to the Chinese, both through military channels and diplomatic ones.'
'In fact, they work in tandem.' 'When it comes to finding a solution, this must be predicated on honouring all agreements and understandings.' 'And not attempting to alter the status quo unilaterally.'
At a virtual media briefing, Ministry of External Affairs (MEA) Spokesperson Anurag Srivastava said disengagement of troops is a complex process which would require mutually agreed 'reciprocal actions'.
The agreement is subject to approval by the IMF management and consideration by its executive board, which is expected in early April.
Larsen & Toubro (L&T), India's largest construction and engineering player, has lost as many as 14 large orders in the country because companies that don't possess adequate technical expertise and experience, of late, have won the projects by bidding lower, claimed A M Naik, non-executive chairman of L&T. But the company has made up for the losses by winning projects overseas, where it has acquired a sizeable market share amid tough competition from large global players, he said.
What might be useful is targeted assistance to those sectors and individuals that are disproportionately affected, suggests Mihir S Sharma.
'It is high time that we act instead of just talking about how and why the climate is changing.'
World Bank lowered its global economic growth outlook for 2016 to 2.9% from 3.3% earlier.
'The government has stopped our earnings due to the lockdown and must do something for our earnings to restart.'
Instead of making the sellers bleed, experts say, e-commerce giants Amazon and Flipkart have roped in banks to offer discounts to buyers.
A'Market valuation is another concern.'
'India is trading at steep valuations and there have been a number of IPOs, especially in the insurance sector, that have had an impact on secondary market liquidity.'
It became increasingly clear that the real negotiations the government had to conduct were with Indian business which was wary of yet another free trade agreement, points out T N Ninan.
'This encourages escapism through the politics and economics of nationalism, made worse by tribalism or nativism, the package accompanied inevitably by the erosion of institutional bulwarks and therefore State capture by powerful businessmen,' notes T N Ninan.
He also sought to know if Modi, during his recent meeting with Chinese President Xi Jinping, asked the latter about the 2017 Doklam standoff.
Noting that India continued to be the second fastest growing economy in the world after China, Finance Minister P Chidambaram on Saturday said people should not be worried about the current slow down and expressed hope of achieving six per cent growth this fiscal.
The Western powers appear to regard Delhi as the most logical destination in the region in these extraordinary times -- as a counterpoint to the ascendance of political Islam and a rising red star over Afghanistan, observes Ambassador M K Bhadrakumar.
'The macro-economic stresses -- high interest rates, rupee depreciation and capital flows -- have receded now.' 'Interest rates have come down, inflation is down and the rupee has bounced back.' 'If oil prices continue at this level, there will be no vulnerability.' 'Growth is a different story.'
'When fund managers talk of being bullish for the long term, they assume strong economic growth.' 'That is what they have assumed every year, naively believing the pronouncements and promises of ministers.' 'Unfortunately, they have been wrong year after year,' observes Debashis Basu, editor, www.moneylife.in.
'"The end" depends on two things.' 'Either you develop a vaccine which is effective or if you have a drug, you can terminate this infection very quickly.' 'Otherwise, you have to depend on herd immunity.' 'I think it should happen earlier. Far earlier, than we can imagine or achieve 'herd immunity'.'
The members resolved to foster a global economic governance architecture that is more effective and reflective of current global economic landscape
Accommodative monetary policy has driven a bull market in stocks in recent years, but the Bank of England is expected to raise interest rates early next year and the U.S. Federal Reserve not long after, tempering future gains.
Gandhi was referring to prime minister's 'silence' on Rafale fighter aircraft deal with France and the Modi government's 'failure' to bring fugitive businessman Vijay Mallya to book.
'Mr Modi has a huge opportunity before him.' 'Whether he grabs it the way Mrs Gandhi did in 1969 or squanders it as he did in 2014 will determine his economic legacy,' notes T C A Srinivasa-Raghavan.
'The Indian State needs to focus on healthcare, education, infrastructure and law and order, and get out of all these regulatory cholesterols.' 'Then, India will fly.'
Fugitive Diamantaire Mehul Choksi who is held in Dominica after his mysterious disappearance from Antigua and Barbuda has alleged that his "friend" Barbara Jabarica was instrumental in his abduction which involved musclemen claiming to be Antiguan Police and mercenaries looking like Indians. The police have started the investigation after receiving a complaint from Choksi, Antigua Prime Minister Gaston Browne said.
Markets could slide again owing to conditions in Europe and the US.
As the states showed progress in fighting the deadly contagion, governors Andrew Cuomo and Philip Murphy have begun to offer details on reopening in the months ahead.
Oil has slumped from above $115 in June 2014 as shale oil from the United States has flooded the market
'Without it, it is going to be much, much, much, much worse.' 'In the meantime, we really need to work on a sort of war footing, given that it is a natural disaster, provide relief, provide essentials, till we get biological herd immunity, we need to get economic immunity, and also social immunity.'
'Rate cut should reiterate RBI's commitment in providing confidence to consumers and small business.'
Soldiers of the People's Liberation Army tried to enter the Indian side in two areas--Finger Four and Finger Five-- twice.
Expansion of distribution network, venturing into new markets, supplementing production capacity, and ramping up workforce are all on the cards. Instead of trying to fight with brands having massive war chests, it will pass on the benefits to consumers by offering them phones at lower prices.
Global investor and author Jim Rogers, who recently sold his India investments, talks about his disappointment with Prime Minister Narendra Modi's economic reforms, why he is betting big on the US dollar and the Chinese Renminbi and what will bring him back to India some day.
The government must figure out what the Chinese game plan is and thwart the endgame before it is upon us, possibly in early winter, advises David Devadas.
Usually, a fall in oil prices is followed with a cut in retail prices of auto fuels and the government passes on the benefit to consumers. However, Morgan Stanley believes gains this time around will remain capped.
Norway's Birk Ruud claimed the first men's freeski Big Air Olympic gold
In another 2-3 weeks, coronavirus will chariot India to overtake the United States. In March, Modi had exhorted the nation to celebrate India's impending success over the virus by clanging metal plates. Make no mistake, India is losing this momentous war under his captaincy, notes Ambassador M K Bhadrakumar.
Stating that India's economic stimulus was not adequate, Banerjee said, the measures did not increase consumption spending of lower income people as the government was not willing to put money in the hands of the low income population.
Live commerce, quick commerce, group buying, WhatsApp commerce, dukaantech have made their mark.
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