From connectivity woes to infrastructure advancements and the startup boom, there is a gulf between claims and reality in India's economic landscape, points out Devangshu Datta.
The outlook for India's financial sector appears bright, but it needs to brace for likely vulnerabilities, said Economic Survey 2023-24 tabled in Parliament on Monday. The Indian financial sector is at a "turnpike moment", it said, adding that the dominance of banking support to credit is being reduced, and the role of capital markets is rising. For a country that aspires to be a developed nation by 2047, this is a long-awaited and welcome development, it said.
The collective wealth of the 100 richest went past $1 trillion for the first time.
Two teams with fault lines in their batting, up against two of the best bowling sides in the game today -- the question that determines the outcome is, is your weakness greater than mine?
'While my generation carries with it the memory of the Chinese perfidy of 1962, this generation will carry the memory of Chinese perfidy in Galwan.'
Thanks to a booming market, India now has more than 300 family offices, up from 45 in 2018, according to a PwC report. The number is expected to grow rapidly, with promoters establishing more businesses in Tier-II and Tier-III cities. Family businesses play a crucial role in India's booming economy, spanning manufacturing, retail, real estate, healthcare, and finance.
None of Amjad Khan's subsequent roles could outshine Sholay. He had begun his career at the top and had no higher peaks left to conquer. Dinesh Raheja salutes the iconic actor on his 80th birth anniversary.
Ammy and Triptii have the chemistry of a door-to-door salesman and disinterested customer.' On the other hand, she and Vicky burn down the house with their scorching sensuality, observes Sukanya Verma.
India is currently home to 52 unicorn startups and one of the fastest-growing startup ecosystems.
Former World Rapid Chess champion Koneru Humpy wants the All India Chess Federation to increase women's tournaments.
Mark Zuckerberg, founder and CEO of Meta, summed it up well as he explained the reason for the company sacking 13 per cent of its employees. He said no one predicted that the boom for digital services during the Covid pandemic would die out. "Many people predicted this would be a permanent acceleration that would continue even after the pandemic ended.
'To everyone voting for Trump, I have only this simple question: Would you let him have lunch with your daughter or sister or wife or mother?' 'Then why would you let him have our lunch (and so much more) for four more years?', asks Sree Sreenivasan.
Looking under the hood, I see India on the terrible, but commonplace, road to prosperity failure, warns Rathin Roy.
Private investment will respond only to sustainable reform.
Companies like Flipkart, Amazon and Meesho as well as quick commerce ones like Blinkit, Zepto and Swiggy Instamart may create hundreds of thousands of seasonal jobs for the coming festival season.
Gukesh, Praggnanandhaa, Erigaisi and Vaishali have trained at the Westbridge Anand Chess Academy (WACA) that the bespectacled chess wizard set up four years ago in Chennai. The 18-year-old Gukesh and the 19-year-old Praggnanandhaa have often stated that they would not be where they are without "Vishy sir".
Toyota Kirloskar Motor (TKM) has reported a consolidated net profit of Rs 4,787 crore for 2023-24 (FY24) - more than three times the earnings recorded the previous year. This growth can be attributed to robust demand for its vehicles, particularly hybrid models and cross-badged cars from the Toyota-Suzuki alliance.
Once we break free of the idea that land is scarce, real estate is just a pile of bricks, steel, and glass. Any price surge will kick off a supply response, which kills off the possibility of sustained price appreciation, points out Ajay Shah.
Entertainers on the field, K L Rahul and Jasprit Bumrah enthralled fans off the pitch.
'Many do not have robust business models, and their prospects of survival and long-term growth are poor.'
Captain Rohit has been 'absolutely phenomenal': Bumrah
15 to 25 per cent of property registrations in Mumbai come from redevelopment, with over 3,500 projects approved by May 2024.
'There are very few chances that I can give good mileage.' 'A smaller, lighter car will give more mileage and this was a big reason to be nervous.'
PHOTOS from Day 1 of the third and final Test between England and the West Indies at Edgbaston on Friday.
Indian shuttlers Satwiksairaj Rankireddy and Chirag Shetty's dreams of securing a maiden Olympics medal came crashing down after a heartbreaking three-game loss to Malaysia's Aaron Chia and Soh Wooi Yik in the men's doubles quarter-finals in Paris on Thursday.
Just over a three-hour flight from Delhi, Kazakhstan, Uzbekistan, Azerbaijan and Georgia have seen a big jump in visitors.
'The demand for international fashion labels, particularly from tier-II cities and beyond, has seen a notable uptick.'
Arguably among the best in his trade across cricketing generations, star India speedster Jasprit Bumrah celebrated his 30th birthday on Wednesday.
The year 2011 saw quite a few babies born, and many more on the way.
The rise of startups and a thriving entrepreneurial culture in Tier-II and Tier-III cities is contributing to the increasing sales of high-end cars.
Warehouse companies in India are increasing capacity thanks to huge demand for various agricultural products because of the increasing delivery system in futures market and the retail boom that is taking place across the country.
Bengaluru-based United Breweries (UBL), makers of Kingfisher beer, is eying strong growth in the premium beer segment, driven by changing consumer preferences towards premiumisation. "Across categories, premiumisation is taking place as people are looking for better choices and beer is no different. "People are upgrading to better beer and newer brands. We have a good offering of premium brands - Kingfisher's premium variants are Ultra and Ultra Max," Vikram Bahl, chief marketing officer (CMO), UBL, said in an interview.
'The world is yet to watch him, show his prowess as a batter, but given the chance he will do a great job.'
Thousands of people have flooded into North Dakota to work in the oil drilling industry.
Jasprit Bumrah and Sanjana Ganesan tweeted this photo on a magical evening, somewhere in South Africa.
International hoteliers are betting big on budget hotels in Asia.
The global billionaires list witnessed as many as 94 new entrants from India, stated a report by Hurun India on Tuesday. Following a net addition of 84, the country's billionaire tally touched 271 with their combined wealth at $1 trillion, noted the report. Mukesh Ambani, chairman & managing director of Reliance Industries, is the only Indian to make it into the top 10 of the Hurun Global Rich List 2024, a ranking of billionaires in US dollar terms.
There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu.
