The venture capital/private equity industry needs to be encouraged as such investments create jobs and help establish companies in new sectors. There is also a strong case for incentives for investors in these funds, says Saurabh Srivastava, chairman of the Indian Venture Capital and Private Equity Association.
"The general insurance penetration accounts for just 0.6 per cent of the country's GDP. There is clear potential for robust growth and we intend to leverage this opportunity. We have the financial capital, technology, distribution and brand to do this," says Vishakha Mulye, executive director, ICICI Lombard -- the largest private-sector general insurance company in India.
One of the first countries which committed to replace its petrol vends with battery feeders and substitute its liquid-fuel cars with battery-operated vehicles was Israel.
'It might take 10 years before medicines of decent quality and price reach right down to the last village of India. Ranbaxy, with its India focus, intends to get there in five years.'
The interesting find was how people perceive health insurance in India. It is seen as an instrument to protect savings.
In fact, the 9 per cent growth story cannot happen without coal, which fires over 50 per cent of the country's installed power capacity, says Partha S Bhattacharyya.
In the past months, we have awarded 44 blocks, which is the highest ever, says Petroleum Secretary R S Pandey.
I believe crude prices on a long-term basis will be between $40-$50 per barrel, achieved through the natural demand-supply balance and market adjustments.
India is massively underexplored, says Rahul Shir, CEO, Cairn India.
If we want self-sufficiency in power supply, then this is the amount of generation capacity that we will need. Our objective is to be shortage-free in 11th plan (2007-2012).
There are four things that stand out in China's strategy for electric vehicles, says Vandana Gombar.
Though startups find 17 mentions in the Budget speech of the finance minister, and have been promised tax exemptions, the reality is that only 2 per cent of the 4,648 applications received from startups for income tax exemption had been approved as of February 2019, according to an answer to a Parliament question. As India's startup space bubbles with activity - new, young players are tapping into opportunities opening up - there are local anti-portfolio stories circulating about investors missing opportunities in 'unicorns', or companies that have reached valuation of $ 1 billion, says Vandana Gombar.
Pollution is not merely the price to be paid for growth; it is also a drag on the same growth.
The electric vehicle market in India needs a policy push that goes beyond targets, says Vandana Gombar.
India needs to fix policy paralysis in order to reach teh top slot in solar power.