After contracting for two quarters in a row, the Indian economy entered the positive territory with a growth of 0.4 per cent in the October-December quarter, mainly due to good performance by farm, services and construction sectors, official data showed on Friday. Trade and hotel industry registered a contraction of 7.7 per cent during the third quarter this fiscal, as the sectors continued to suffer on account of coronavirus pandemic. According to the data released by the National Statistical Office (NSO), the farm sector recorded a growth of 3.9 per cent, and the manufacturing sector output grew by 1.6 per cent in the quarter under review.
When you say, Make in India, it means, Indians will work for you, but we should create our own brands and create a market for them internationally. Only then, money will come back to India.
Firms that should borrow abroad do not do so enough, and those that should not borrow abroad do.
'You can't take jobs to people, you have to take people to jobs.'
New York State, the epicentre of the coronavirus pandemic in the United States, continued to record the highest count of daily deaths from COVID-19 as a staggering number of 630 people died in a 24-hour period.
Retirement blues can sometimes result in actions that are dysfunctional, notes Ajit Balakrishnan.
India has asked the US to treat the issue of visa for IT professionals as a trade-related one rather than an immigration issue.
The Department of Commerce alleged that Huawei was engaged in activities that are contrary to US national security or foreign policy interest.
'Now is the time for India to course correct and for the government also to course correct,' says businessman Mangesh Khatri.
Ajit Balakrishnan on mapping the Business Serengeti.
Dabur has moved quickly to take advantage of the ban.
India's economy grew by 1.6 per cent in the fourth quarter of 2020-21, restricting the full-year contraction to 7.3 per cent, official data showed on Monday. The fourth quarter growth was better than the 0.5 per cent expansion in the previous October-December quarter of 2020-21. The gross domestic product (GDP) had expanded by 3 per cent in the corresponding January-March period of 2019-20, according to data released by the National Statistical Office (NSO).
'Where is the analysis that we need to spend at least Rs 4 trillion to keep India safe?'
There will very little direct impact from the US Fed's rate hike this time, as we are well prepared both to handle liquidity, outflow of FII funds and managing our currency. But that doesn't mean India will be out of the woods anytime soon, says M V Subramanian.
Economy grew at 7.9 per cent in the fourth quarter of 2015-16 taking the overall GDP growth to a five-year high of 7.6 per cent in the fiscal, mainly on account of good performance of manufacturing sector.
Bajaj three-wheelers outsell Chinese three-wheelers in Peru. The Pulsar is number one in its category. Nikhil Lakshman discovers in Lima that even though the Chinese are far ahead in investments in Latin America's fastest growing economy, Indian manufacturing and IT are holding its own.
Since December 2018, monetary policy has been eased substantially by RBI with policy rates being cut by 75 bps and policy outlook being changed to 'accommodative'.
There will be many steps which will be taken outside the budget.
Insufficient technology has been transferred during the ongoing Project 75, which involves building 6 Scorpene-class submarines.
'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.
'What proportion of the people require the vaccine for us to manage this entire COVID-19 situation?'
The first quarter of 2018 saw infrastructure and real estate drive investment worth close to $8 billion across 180 deals
ICICI Bank has the largest proportion of SDR loans as a percentage of its total, followed by state-run United Bank of India and Canara Bank.
Power transmission infrastructure in 18 major cities could be potentially hacked.
'We have promised to ensure reduced tax rates.'
Currently women are allowed in a number of select areas including in medical, legal, educational, signals and engineering wings of the army.
However, IT stocks fell on weak growth forecast by Gartner
'I suggest a cut in the GST rates and an infusion of Rs 1.2 trillion into the economy in six months.'
Sanjay Kumar Singh suggests key factors investors need to keep an eye on while choosing the direct investment route.
HR guru Mayank Rautela provides a three-point plan.
Most analysts expect the note ban to sharply hit GVA growth in Q3 and Q4, and the central bank's stance is being called into question.
Instead of ramming through change, Mr Parrikar has tied his own hands by placing reform at the mercy of numerous committees, says Ajai Shukla.
'Indian startups have raised $3.5 billion in funding in the first half of 2015'.
Downplaying the allegations made by the Congress and former French President Francois Hollande's statement that the Indian government played a role in finalising Reliance Defence as Dassault Aviation's offset partner, Finance Minister Arun Jaitley on Sunday said that some statements are made to create controversy and these do not have credibility. In an exclusive interview to ANI, Jaitley added that circumstances and fact prove these statements wrong.
Was Manmohan Singh focused too much on getting policy right, while Narendra Modi is focused essentially on getting projects moving?
China's and India's nuclear doctrines mandate 'No First Use' of nuclear weapons, so use against each other seems unlikely.
Interacting with state chief ministers, Modi underscored the enormity of what he described as the world's biggest vaccination exercise, which begins from January 16, saying over 30 crore citizens will get the jabs in the next few months in India against only 2.5 crore people vaccinated so far in over 50 countries in around a month.
The Enforcement Directorate has filed a fresh charge sheet, delving specifically into the role of British national and alleged middleman Christian Michel James and his few Indian associates, in connection with its money laundering probe in the Rs 3,600 crore VVIP chopper deal.
To curb mis-selling of policies and rationalise commissions, radical changes have been proposed to help investors.
"Over the next six months, I hope to sign another Rs 50,000-60,000 crore worth of contracts, taking the total to Rs 3 trillion," the minister told reporters on the sidelines of an industry exhibition on technology and material sciences in Navi Mumbai, Maharashtra.
