Indian economy is poised to do better on the back of reforms undertaken by the government and is expected to clock a 6.5-7 per cent growth in the remaining part of the decade, Chief Economic Advisor (CEA) V Anantha Nageswaran said on Tuesday. Addressing reporters here after the tabling of the Economic Survey in Parliament by Finance Minister Nirmala Sitharaman, Nageswaran said that by and large, inflation is likely to be "well behaved" in FY2023-24 barring headwinds. "My optimism is that in the coming decade, rest of the decade, the potential GDP growth, without taking into account export potential, because global economy is still rife with uncertainty, the growth rate would be around 6.5 to 7 per cent, rather than between 6 per cent and 6.5 per cent," he said.
The Indians prep for next month's big game against New Zealand.
Mumbai Indians strike bowler Jasprit Bumrah has muscled up during the lockdown enforced off-season.
With just a month left in this financial year, electric two-wheeler sales, so far, are at just 62 per cent of the ambitious target of 1 million units set for 2022-23 by the NITI Aayog. According to VAHAN data, compiled by the Society of Manufacturers of Electric Vehicles (SMEV), 620,006 units of electric two-wheelers were sold across the country in FY23 until February 21. Though the industry may miss the 1-million target, sales in FY23 are already up 146 per cent from 249,621 units sold in FY22.
'One month of being married to my best friend.'
Veterans in the travel industry, a well-known corporate lawyer, and a marquee US-based hedge fund have backed the upcoming low-cost airline Akasa Air. Founded by former Jet Airways chief executive officer (CEO) Vinay Dube, the venture counts ace stock trader and investor Rakesh Jhunjhunwala as its biggest financial backer with an investment of around Rs 300 crore. A person with knowledge of the development said most of the people were well known to Jhunjhunwala and Dube, who approached them during the conception stage.
Internet retailer Amazon and its fast-growing local rivals are driving a boom in commercial property leasing in India.
'I try to take it one day at a time. Short term goals help me a lot. There is always pressure to perform and I am hoping I am better equipped this time around.'
'Calendar year 2023 is going to be big as pessimism takes a back seat.'
A rising number of Greeks in rural areas are swapping goods and services in cashless transactions.
Sukanya Verma quizzes you to find out just how much you know about the movies.
Images from Day 5 of the 2023 Wimbledon Championships on Friday.
Controversial MP and Bharatiya Janata Party leader Sakshi Maharaj stirred a fresh controversy by holding Muslims responsible for population boom at a public event in Meerut on Friday.
Images from Day 3 of the 2023 French Open at Roland Garros in Paris on Tuesday.
Amazon had decided not to participate in the bidding as the company did not find it a viable option for growth in India
Scores of new airports have been built around the country but many are yet to open because airlines do not see sufficient demand as ticket prices are too high for the majority Indians
A slowdown in hiring by India's top IT companies has resulted in a sharp increase in the industry's profit per employee in Q3FY23. The top four IT companies earned a net profit of 1.7 lakh per employee during October-December 2022, up 8.6 per cent from Rs 1.57 lakh in Q2FY23 and 16.3 per cent from a record low of Rs 1.47 lakh in Q1FY23. Earnings per employee in the third quarter were, however, still down 0.9 per cent on a year-on-year (YoY) basis.
The rising pitch of road shows and long rallies with hectoring pitches seem to have exhausted and numbed the audiences, rather than motivating them to vote for the party, observes Shreekant Sambrani.
The 2023 edition of the Indian Premier League (IPL) will see Disney-Star and Viacom18 competing to sell their ad space with an eye on the estimated Rs 4,000-crore advertising money.
'There are worse things than being stuck with your in-laws during a nation-wide lockdown. Like actually enjoying being in that situation.'
Poor governance and mediocre short-sighted politics are destroying the paradise that Goa was as its environment, water table, culture and way of life is drastically threatened by tourism and migration, points out Ramesh Menon.
'What The Kerala Story is trying to do is take the fake hate propaganda which we saw earlier only on WhatsApp to the big screen now.'
'In the last seven years or so, many reigning heroes have stopped working with him because no matter how popular a star they are, irrespective of whether they are playing the lead, it eventually becomes an Amitabh Bachchan film!'
'All the matches are going to be tough but I have to shrug it off and get ready for tomorrow's match.'
The 80th Annual Golden Globe awards saw Hollywood's A-set at their glamorous best.
India cruised to a 3-0 win over minnows South Africa to progress to the semifinals
The intrinsic inclusivity of Goa is the key to its great attraction, observes Rahul Singh.
Two seconds of Kajol and Shah Rukh Khan in Kuch Kuch Hota Hai pack in more chemistry than two hours and 44 minutes of Ranbir and Shraddha's romance in Tu Jhoothi Main Makkaar, feels Sukanya Verma.
Much of the the-foreign-media-is-biased hysteria that we see on social media these days is provoked by the bad press the regime is getting in the West, points out Vir Sanghvi.
RoundGlass Punjab FC scripted history on Saturday as they clinched the I-League title with a game to spare.
Even if the Paytm fiasco does not mark the end of the bull run, at least some sanity will return to the wild IPO market, observes Debashis Basu.
Nondescript Bhiwani and Mahendragarh in Haryana, recently named part of the NCR, are likely to see developers queueing up soon and investors betting big on the new hubs.
Ola Electric became the latest among electric scooter (e-scooter) makers to have started the exercise of recalling a specific batch of its model after a rap on the knuckles by the government. Union Minister of Road Transport & Highways Nitin Gadkari on Thursday advised electric vehicle (EV) companies to act responsibly by identifying and recalling defective batches without waiting for orders or guidelines from the ministry. The Bengaluru-based start-up is conducting pre-emptive diagnostics and health check on 1,441 scooters, it said in a statement on Sunday.
Commonwealth Games champions Satwiksairaj Rankireddy and Chirag Shetty, who won a bronze medal at the World Championships in August, will play Chinese Taipei's Lu Ching Yao and Yang Po Han, who got the better of England's Ben Lane and Sean Vendy 21-15, 21-14 in the other semi-final.
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The Modi government finds itself in a contradiction of its own making. It has encouraged pro-Russian, Westophobic public sentiment while setting strategic policy that's exactly the opposite, points out Shekhar Gupta.
After 2014, our growth has been average of around 5%. If this continues, we will remain here like Egypt, Brazil, South Africa and Bangladesh, points out Aakar Patel.
'Amritpal is the creation of journalists and the inaction of the government in Punjab.'
Serbia's Novak Djokovic outclasses Russia's Andrey Rublev to set up a meeting with unseeded Tommy Paul in the semi-finals of the Australian Open on Wednesday.
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