The challenge for the RBI in 2024 is likely to be less about containing elevated inflation and more about curbing excessive financial market exuberance and a 'problem of plenty', notes Sajjid Chinoy, Chief India Economist JP Morgan.
Modi, who arrived in Cairo on Saturday after concluding a high-profile state visit to the US at the invitation of President Joe Biden, was received at the airport by Egyptian Prime Minister Mostafa Madbouly.
A team of women daredevils from the Border Security Force on Wednesday got the adrenaline rushing as they performed gravity-defying motorcycle stunts on Rajpath during the Republic Day parade.
But the ISI chief did not retire giving the impression that he has won General Asim Munir's trust, notes Rana Banerji who headed the Pakistan desk at RA&W.
During an open house discussion with stakeholders on the draft Digital Personal Data Protection (DPDP) bill 2022, Chandrasekhar said that the right to privacy is a fundamental right while the right to information is not. "Right to privacy is a fundamental right and right to information is not.
'For me, Nitin Chandrakant Desai will always be associated with masti-mazaak.'
'There are many things we need to work on.' 'At the heart of it is, one, the extent of inequality, which is not good for democracy and nation; two, a structural decline on how a country ought to function, how people should be held accountable, whose role is what.'
Reliance Brands has been announcing a new JV every month to break into both high streets and smaller towns.
The regulatory burden is the highest on small cars, a key segment of the Indian automobile industry and having a uniform tax structure across all segments of vehicles will not augur well for the sector growth, according to Maruti Suzuki India chairman RC Bhargava. He also said India's economic growth rate could be higher if the manufacturing sector grows fast, which 'unfortunately' has remained a laggard despite the best efforts of the Narendra Modi-led government at the Centre due to implementation gaps at the ground level. "The burden of regulatory changes on the small cars is far higher than the regulatory burden on big cars and that is changing the whole market behaviour.
Strong macroeconomic headwinds causing turbulence in the $245-billion Indian IT industry are yet to calm down. Top Indian IT services companies are likely to post a decline or just marginal growth in sequential revenue in Q1FY24 because of a soft discretionary spending environment. Though the first quarter is seasonally strong for IT firms, "June 2023 will be an exception", according to analysts at Kotak Institutional Equities.
Pyramid marketing model can work at all levels has been proved by the budding entrpreneurs of St. Joseph's College.
Isha's stab at the bottom of the laptop pyramid shows she is a true Ambani.
'As our per capita income increases and various demographic segments emerge, the need for various kinds of protection and risk covers will become even more explicit.'
Hina Khan is enjoying the sights of Egypt, and giving us beautiful glimpses.
UEFA apologised to Liverpool for initially blaming the Merseyside club's fans for the mayhem following the release of the independent review on Monday.
Before Ali and Richa walk down the aisle, Namrata Thakker looks at how they fell in love.
Strange souls see a research report on an Indian conglomerate as part of a vast conspiracy to Keep India Down. There is only one possible response to this: Grow up. Nobody in the West cares enough about India or Adani to put all the effort into creating a giant conspiracy that links together BBC documentaries and short-sellers, points out Mihir S Sharma.
Strong Q3 brings Infosys comfort amid macro risks.
Dip in attrition rates and higher bench strength seem to be signalling a normal year for hiring in FY24.
Automobile retail sales in India clocked best-ever performance last month aided by robust registrations across segments including passenger vehicles, two-wheelers and commercial vehicles, automobile dealer' body FADA said on Friday. The overall automobile retail sales rose by 26 per cent to 23,80,465 units last month, as compared with 18,93,647 units in November 2021. "November 2022 has clocked highest retails in the history of Indian automobile Industry with March'20 as an exception when retails were higher due to BS IV to BS VI transition," Federation of Automobile Dealers Associations (FADA) president Manish Raj Singhania said in a statement.
It's a small world and Bollywood knows that only too well. That's why they're always on the move!
'The law is neither able nor willing to function the way the legal machinery is envisaged.'
Reminiscent of the past two years, the market has made positive strides ahead of the Union Budget 2023-24 (FY24). The benchmark National Stock Exchange Nifty has gained 1.8 per cent in the last month. Typically, markets tend to gain ahead of the Budget as investors build in optimism.
Policies to break down the business group format are far more likely to be effective, argues Simon Commander.
Post-Karnataka, it would be a mistake to underestimate the BJP. It should be amply clear by now that the Right-Wing is more an elaborate theatre than a single scene, actor or play, warns Shyam G Menon.
It will take years for faster Internet to reach this population and those who aren't even connected so far
Claims of a spike in poverty and inequality in India during the Covid-19 pandemic are patently false as such claims are based on uncomparable different surveys, according to a paper co-authored by eminent economist Arvind Panagariya. The paper also noted that inequality fell in the country during Covid years, both in rural and urban areas as well as nationally. Panagariya, Columbia University Professor and former vice chairman of NITI Aayog and Vishal More of Intelink Advisors, New Delhi have co-authored a detailed paper 'Poverty and Inequality in India: Before and After Covid-19'.
Brighton & Hove Albion's match against Crystal Palace on Saturday will also remain postponed.
Thane, the home turf of Maharashtra Chief Minister Eknath Shinde, will on Friday witness Dahi Handi events being organised by his faction as well as the Uddhav Thackeray-led Shiv Sena.
The Finnish handset maker is out of the top spot globally, but is still going strong in India, courtesy 'Asha'.
Get ready to explore the land of the mummies!
About 56 million Indians may have plunged into extreme poverty in 2020 as a result of the pandemic, increasing the global tally by 71 million and making it the worst year for poverty reduction since World War II, according to fresh estimates by the World Bank. "The global goal of ending extreme poverty by 2030 is likely to be missed: By then, about 600 million people will remain in abject poverty. A major course correction is needed," Indermit Gill, chief economist at the World Bank, tweeted. The World Bank in its latest "Poverty and Shared Prosperity" made fresh estimates of poverty using a new extreme poverty line based on the purchasing power parity (PPP) of $2.15, the earlier one being at $1.9.
The Bharatiya Janata Party, however, demanded Dahi Handi festival be allowed to be organised under certain conditions traditionally.
"La Ferita," or "The Wound," scales the Palazzo's Renaissance faade and simulates a giant gaping hole in the front of the building. Inside the architectural tear is an imagined vision of the Palazzo's interior, made real by a black and white photographic collage.
Deepti and Utkarsh Rai, who recently travelled to Egypt share their experience with us.
Images from around the world to intrigue you this weekend.
The biggest headwind to the consumption story in FY23 is a sharp decline in government subsidies on food, fertiliser and fuel, and overall decline in revenue expenditure net of interest payments. This, analysts say, will adversely impact purchasing power of households at the lower end of the income pyramid, translating into lower spending on consumer goods and services.
Since the first Aadhaar number was issued in September 2010, more than 1.33 billion Aadhaar cards have been generated till June 2022. With the Aadhaar enrolment of adult Indians nearing 100 per cent, the main objective of the Unique Identity Authority of India (UIDAI), which was to give Unique Identification numbers (UID) to all residents of India, is almost achieved, said a senior government official. "Enrolment will now be much more update-based, because people keep updating their mobile numbers and addresses.
In 2019, World Champion Magnus Carlsen was asked to guess the nationality of the reigning world champion in 2050. He responded: 'India will have had many by then!'
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