'We all wanted a strong Centre with a decisive mandate from the people, to allow them to take bold decisions.'
A time has thus come when state encouragement for rural students led to empowerment of the socio-economically marginalised sections of the population. It included women. Today, with greater exposure and consequent enlightenment, it has gone beyond 'empowerment' to become 'entitlement', says N Sathiya Moorthy.
The new Land Acquisition Act to provide just and fair compensation to farmers came into force from January 1, 2014.
Following another disappointing year in 2014, developing countries should see an uptick in growth this year, boosted in part by soft oil prices, a stronger US economy, continued low global interest rates, and receding domestic headwinds in several large emerging markets, it added.
ADB projected China's growth to decelerate from 7.4 per cent
'RBI was focusing on public sector banks perhaps thinking that private sector banks are managed efficiently while PSU banks are not.' 'Now, RBI has to focus on private sector banks too.'
As ferry services increase and remote working becomes the norm, the rural beach town has turned into a sought-after refuge for city slickers from Mumbai and Pune.
The McKinsey report said faster employment growth at 12 million non-farm jobs annually is needed in the post-Covid period till 2029-30, up from just four million created each year between 2012 and 2018.
So far, nine companies have raised Rs 17,860 crore - nearly three times of last year's tally - by way of rights issues.
Stepped up public expenditure must be accompanied by focused policies, advises Vinayak Chatterjee.
India will welcome two trade missions in 2015 focused on meeting its infrastructure needs with US technology and services.
Manufacturing production growth eased in May, which combined with the slowdown in services resulted in a weaker increase in private sector output, the survey said.
Chinese President Xi Jinping arrived in Ahmedabad on Wednesday to a grand welcome. He is India on a three-day visit which will focus on significantly ramping up trade and investment, besides addressing the contentious border issue that has seen occasional flare ups between the two Asian giants.
'If the BJP wins UP and one or two other states, it could get emboldened and press ahead with its reckless agenda, as well as its divisive agenda.' 'If the BJP fails to form the government in UP and suffers a setback in Punjab and maybe one other state, it could go either way: It could become more reckless or pull back, pause and take stock, moderate its position.'
Earlier, an inter-ministerial group used to take these decisions.
Market hopes govt will hike capital expenditure.
'Our first great challenge is to create 12 million new jobs each year, to make the demographic dividend an economic dividend.' 'We are nowhere near that,' points out Mohan Guruswamy.
'More a show that you are doing something in the Budget even if that something never actually comes to pass,' notes Nitin Desai.
As with TCS, most companies put their money in mutual funds, corporate bonds and bank deposits, which are losing their appeal versus government bonds in terms of both returns and safety.
South and South-West Asia could witness an economic growth of 5.3 per cent in 2015, which will be a four-year high.
Investors in LIC's insurance and other schemes are receiving a lower rate of return because LIC is subsidising incompetence at best and malfeasance at worst in institutions such as IDBI Bank and IL&FS, says Jaimini Bhagwati.
If the FATF lets Pakistan off the hook, which is to be expected, it would signify a big boost to Pakistan's standing in the fight against terrorism. Delhi, on the other hand, loses the propaganda advantage, states Ambassador M K Bhadrakumar.
Advantages are not being leveraged fully mainly because of lack of funds, say experts.
The simultaneous decline of several trade-related indicators should put policy makers on guard for a sharper slowdown.
The government would take a number of steps to energise and deepen the country's corporate bond as well as currency derivatives market.
In India, economic activity slowed substantially in 2019, with the deceleration most pronounced in the manufacturing and agriculture sectors, whereas government-related services sub-sectors received significant support from public spending, the Bank said.
'Our concern is about today and there is nothing in the Budget for the MSME sector to feel positive right now.'
'For investors who are willing to remain invested for two - three years, there exist quite a few good opportunities.'
Budget in the medium term aims to kick-start the investment cycle.
Morgan Stanley expects the central bank to cut rates this week, 125 bps in cuts through 2015.
A reading above 50 means the sector is expanding, while a reading below 50 means contraction.
The minister said his target is to complete Mumbai-Goa highway by 2018
Calling out the high real interest rates -- the differential between the policy rate and headline inflation -- as an impediment to investment, the SBI report said the RBI can cut rates by 0.35-0.50 per cent at its next policy announcement.
We will find it difficult to exceed an average of 5 per cent growth in the medium term, warns Shankar Acharya, the former chief economic adviser.
The BJP still does not have a majority in Upper House of Parliament, the Rajya Sabha, and this will pose hurdles to the party's legislative reform agenda
India has received $1.35 billion foreign direct investment from the US during April-November 2014 as compared to $806 million in 2013-14
If receipts from disinvestment, tax buoyancy and black money scheme offset shortfall in spectrum sale, higher expenditure due to pay commission's recommendations and capital expenditure, then the government would be able to meet the target of controlling fiscal deficit at 3.5 per cent of GDP this financial year.
A group of first time voters who run 10 km everyday to prepare for fauji recruitment rallies, tell Rediff.com's Archana Masih they need two things: quality education and jobs.
While the positive surprise has been the high growth in agriculture, the negative surprise is in the trade, transport, hotels segment where growth came lower than expected, says Madan Sabnavis.
Jaitley said inflation has been under control for long and is likely to remain so on the back of good monsoon and unlikely spike in oil prices.
