Today, with growth having slowed and macro-economic challenges in every direction, would the government have benefited from the advice of 'Harvard' economists? asks T N Ninan.
With GST, demonetisaton and the banking sector reset, investment banker Christopher Wood expects PM to focus on generating jobs ahead of the 2019 election.
Goldman Sachs forecasts real GDP growth to accelerate to 7.9 per cent in FY17 from a projected 7.5 per cent in FY16.
In the past two months alone, four companies have garnered a cumulative Rs 22,400 crore via this route.
Indian economy was growing faster than the global average and all other major economies: FM
The decision assumes significance in the wake of a scam in the PMC Bank affecting lakhs of customers who are facing difficulties in withdrawing their money due to restrictions imposed by the Reserve Bank of India.
Moody's expect RBI to hold policy 'repo' rate steady to have a neutral stance in this growth
'We all wanted a strong Centre with a decisive mandate from the people, to allow them to take bold decisions.'
The Reserve Bank of India (RBI) is facing severe policy challenges in managing capital flows, said RBI Governor Y V Reddy.
'In the short-term, the markets may be affected' by the review but 'it will help address what they are worried about which is why we need transparency,' says former chief economic advisor.
Vice-Chairman Arvind Panagariya said that India is facing a health crisis that has led to a sudden stop of the economy.
Zzungry said it had introduced limited edition of 'Ulundu kozhukattai' and 'Kova kozhukattai' that are inspired from the cuisines of two states that hold great relevance in the life of Raghuram Rajan.
"Every time we cut trees, we plant more. It is a rule of the forest department," Javadekar said.
'Unless we get the health and economic situations right at the same time, we will not recover.'
'Kindling the private sector's animal spirits is more important than focusing on how government can give jobs on its own.'
With the setting of MPC, the interest rate setting powers would move from RBI Governor to the panel.
The change from wholesale to retail inflation as an anchor means that the weightage of diesel in inflation has decreased
At this point of time, the requirement of the economy is obviously more investment, which will create more jobs and increase purchasing power that will sustain a high level of production, says K M Chandrasekhar.
Raghuram Rajan optimistic about passage of GST
Dealers also expect RBI to try to prevent excessive strength in the rupee in a bid to help exporters remain competitive
RBI ex-governor's book on 'those turbulent but exciting times' to be launched on Sept 5 in Chennai.
Growth in India's manufacturing sector cooled to its slowest in 22 months in October.
'Vajpayee used to consult the Opposition; Indira Gandhi used to consult the Opposition. Which khet ki mooli is Modi?'
He said the short term macroeconomic priorities of the RBI continue to focus on bringing down inflation towards the government-set target of 4 per cent
Further stimulus measures are expected in the upcoming Budget where the focus is likely to be on reforms, including some structural measures such as reducing red tape and boosting foreign direct investment. The meeting with industrialists is in the series of discussions that Modi has had during the last couple of weeks to seek suggestions to revive growth.
Here are 10 global and domestic factors.
India will soon allow corporate houses to open banks despite misgivings within the RBI.
A smartly executed reform-recap will be the best booster for the economy, says Ajay Chhibber.
She would be the first Indian to be occupying the coveted post at IMF after former RBI governor Raghuram Rajan
The Indian economy was on an impressive growth path through the first decade of this century till it was brought to an abrupt halt by the policy inertia during UPA2 and the Modi government's inability to restore economic and financial momentum. Fascinating glimpses of what went wrong from Puja Mehra's must-read book The Lost Decade: How India's Growth Story Devolved Into Growth Without A Story.
Bank, bankruptcy reforms, Nabard Bill amendment on agenda.
Strategic sales are tricky and were last undertaken when the Vajpayee government was in power.
Chetan Ghate, Pami Dua and Ravindra Dholakia have been appointed for 4 years
'If you ask India's finest business leaders, they now tell you -- in whispers, of course -- that the mood has never been so glum after 1991,' says Shekhar Gupta.
It is time to reform the RBI and the ministry of finance, says Dr Ajay Shah of the National Institute of Public Finance and Policy, New Delhi.
Why India is an attractive investment destination
'We have promised to ensure reduced tax rates.'
The government had increased customs duty on gold to 10 per cent and banned import of gold coins and medallions, while the RBI linked imports of the metal to exports.
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.
Interview with Former governor, RBI
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