Opponents of the CAA and NRC have gone to town accusing the BJP of an ulterior motive (read, disenfranchisement of Muslims) in implementing the NRC. By the same token it can be alleged that anti-CAA opponents have a nefarious agenda in mind that would be scuttled by the implementation of the NRC: Namely the accrual of dedicated vote banks and the restoration of Muslim hegemony over at least parts of India, especially Bengal and Assam, argues Vivek Gumaste.
With a middle class still so small and no apparent leaps in productivity on the farm or in manufacturing on the horizon, India faces its own age of diminished expectations.
With spurt in overseas borrowings by corporates and rupee appreciation against major currencies, India's external debt has gone up by $ 31.8 bn in the first nine months of the fiscal to $ 201.4 bn (about Rs 7,94,017 crore). The external debt stood at $ 169.7 bn at end-March 2007 and increased by $ 10.3 bn in the third quarter this fiscal. The share of government debt in total external debt stood at 26.3 per cent or $ 53 bn, while private debt was 73.7 per cent or $ 148.5 bn.
Most of the capital goods stocks are trading at their historical highs, which often scares a potential investor. But at the same time, one cannot afford to miss the bus.
"The report says that per capita consumption expenditure of 18.7 per cent of the rural population and 4.7 per cent of the urban population in the country is less than Rupees 12 per day. It implies that 16.3 crore people in the country spend less than Rs 12 per month representing 14.7 of the total population," Minister for Rural Development Reghuvansh Prasad informed the Lok Sabha on Monday.
According to a survey, the urban-rural expenditure gap has widened in 2005-06, with Chhattisgarh recording the lowest consumption expenditure in rural areas.
China's major economic problem has been that its heartland is an agricultural region with about one-third of the arable land per person as the rest of the world.
The company said on Tuesday it would release its first scooters in India in 2010
'Pakistan is paying the price for ignoring secularism. In seeking to be ever more Muslim to define its nationhood, it has become a terrorist haven.'
Global warming may sound like vague jargon from scientists making reports for the Inter-governmental Panel on Climate Change. Does it matters if the green house gas emissions by the world cross the limits of 550 part per million by 2050? Or if average per capita carbon emissions go beyond the 2.5 tonne mark?
Oilseed output to surpass its previous record of 32.75 mt in 2013-14 to 33.59 mt this year
India spends only 20.7 per cent of its total health expenditure on public health services, far less than Bangladesh, China and Pakistan, which contribute 25 per cent, 34.9 per cent and 45 per cent respectively, a study revealed.
The failure of the farmers ensures that most Indians are poor. And that directly increases the importance of the government, the politicians and the bureaucrats.
From 1980 to 2014, the top 1 per cent captured 29 per cent of total growth, as much as the bottom 84 per cent put together.
While the overall passenger car industry is expected to grow at around seven per cent a year in the next five years, SUV growth is expected to be over 10 per cent.
The Indian wine market currently stands at 4.6 million litres in volume terms and Rs 450 crore in value terms.
For the country's poorest districts, the only hope of escaping grinding poverty is to increase farm productivity in a big way -- in most of these districts, around 85 per cent of those employed work in the agricultural sector.
The Indian paints industry is likely to piggyback the increased activity in the housing sector and higher sales of automobiles and two-wheelers as well as consumer durables, thanks to rising personal incomes.
India has a long way to go to catch up with Thailand let alone the US.
Chairman of Soros Fund Management George Soros believes that India is currently the flavour of the world and it has become important politically. According to him, India's growth rate has improved on per capita basis.
Jal Shakti Minister Gajendra Singh Shekhawat has the task of bringing clean tap water to all households by 2024.
The Planning Commission on Wednesday envisaged creating seven crore new jobs in the next five years and doubling per capita income in 10 years
'India serves itself poorly with its latter-day discovery of Pakistan as an instrument in domestic politics,' notes Shekhar Gupta.
Housing sales fell by about 30 per cent last year in seven major cities due to costlier flats and higher interest rate, says property consultant CBRE.
China's poverty line of $85 per capita net income a year is too low for subsistence and fails to deliver to 100 million poor the benefits of the country's unprecedented economic boom, a senior official has said.
Thanks to new technology and opportunities make it easier than ever to start a lucrative business at home. Here's how.
The Indian economy may be registering strong growth, but nearly 20 per cent of the population or close to 250 million people of spent less than Rs 14 per person per day on consumption in 2004-05.
Doing business is not so easy in India as the country is way down at the 134th position in a list of 174 countries, ranked by International Finance Corporation on various parameters of business environment.
The report has identified some areas that need attention from India's policymakers.
'He is wily and has everything that a political leader needs to succeed at that level.' 'He would be outstanding as a counter to Modi in the Lok Sabha, if he had the Opposition benches behind him,' says Aakar Patel.
The recommendation was for imposing a cess of Rs 60 a year for families above the poverty line and Rs 25 for families below the poverty line, its report said.\n\n
The current fiscal could become a phenomenal year for follow-on issues (FPOs) with companies lining up plans to raise anything in the range of Rs 45,000 to Rs 50,000 crore (Rs 450 - Rs 500 billion) in the coming months.
The world's two largest economies, the United States and China, will again win most gold medals at the Olympics and Britain will push Russia into third place in the overall standings, Goldman Sachs predicted in a survey released on Monday.
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