Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday announced to raise Rs 7,350 crore from two investors -- Singapore's sovereign wealth fund GIC and Global alternative asset firm TPG -- by selling a stake in group's retail arm.
The failure to reform has meant that there is no buzz about job opportunities, or about urban opportunities enticing young people off the farms. And it is this failure that has contributed to the widespread disappointment that threatens to make the next general elections closer than expected, says Mihir S Sharma.
Why did we go into nationwide lockdown when we were adding 100 cases a day and why are we not going into lockdown but allowing cricket stadiums, political rallies and Kumbh Melas when we are adding 40,000 cases a day? asks Aakar Patel.
Uncertainty arose following reports that the Afghanistan Premier League would be played in UAE in October, coinciding with Pakistan's home series against Australia and New Zealand.
The statement comes in the wake of two independent members of the NSC, P C Mohanan and J V Meenakshi, quitting the Commission over disagreements with the government on the back-series GDP data and delay in release of labour force survey. Mohanan was also the acting chairperson of the Commission.
With longer work hours and a work from home set-up during the COVID-19 pandemic, women bore the maximum brunt by performing a dual role as a working professional as well as a caregiver.
PepsiCo Chairman and CEO Indra Nooyi hoped that whosoever comes to power after the next elections will manage the country well so that India clocks a consistent 7-8 per cent economic growth.
With 4G coverage spreading, Indian consumers will likely be more open to investing in smartphones
'If jobs do not happen, the demographic dividend we have will become a demographic disaster.'
Globally, T20 cricket is the most popular format with 92 percent interest while ODIs are a close second with 88 percent interest.
Instead of targeting global imbalances per se, the narrative must change to the structure and direction of such asymmetries.
If you are bullish on the consumption theme, consider specialised mutual funds that focus on this theme. Remember that such sectoral mutual funds should not make up more than 5% to 10% of your equity portfolio.
'Our first great challenge is to create 12 million new jobs each year, to make the demographic dividend an economic dividend.' 'We are nowhere near that,' points out Mohan Guruswamy.
For rest of the year, the issue is largely going to be the balance between growth rates and macro stability versus interest rates, says Sankaran Naren.
These games of skill with a large social component have managed the transition to a new online avatar.
About 13 million first time car/two-wheeler buyers are entering the market every year. If employment creation is such a big issue, where are these people coming from, asks Mahesh Nandurkar.
Is India witnessing jobless growth or is there actually no issue with employment? The real story is between the first two suggesting that though there is sufficient employment, the challenge is to create well-paying quality jobs, says Amitabh Kant.
Chiefs of Army Staff in India have not been tactful about politicians. But they have stayed clear of politics, reports Aditi Phadnis.
'Wage earners are shrinking. In both, the organised and unorganised sectors. And, entrepreneurs are growing.' 'But the increase in entrepreneurship is of a kind that does not create salaried employment or daily wage employment,' says Mahesh Vyas.
The applicants included at least 255 people with doctorates and 150,000 graduates.
If everybody is 'working' from home, then how has TV consumption gone up? Who is making all that gourmet food being posted on social media?
IMF, which has also lowered its global economic growth forecast for 2016 and 2017 by a marginal 0.1 per cent to 3.1 and 3.4 per cent respectively, recommended six 'reform priorities' for India
Singapore retained its title as the world's most expensive city for the fourth consecutive year, while Hong Kong remained second, closely followed by Zurich at the 3rd place.
'The Citizenship Amendment Bill is a classic case of short-term gain over-riding long-term interest. 'We must welcome all persecuted minorities from our neighbouring countries and not just Hindus, Sikhs, Christians and Buddhists,' says Colonel Anil A Athale (retd).
How soon can India reach a point when there is no hidden underemployment and all who want work can find it at a fair wage and decent work conditions, asks Nitin Desai.
Economist Deepak Nayyar says economic openness, while necessary, is not sufficient, and is conducive to development only when combined with industrial policy.
With real estate -- NRIs's favourite investment vehicle in the past -- unlikely to do well in the near future, there is a strong case for NRIs to shift to equity and debt mutual funds, says Prateek Mehta.
By 2030 India will be among top three countries in science and technology: PM
Shares in the Beaverton, Oregon-based Nike Inc fell more than 2 percent after Kaepernick posted a black-and-white close-up of himself on Instagram on Monday featuring the Nike logo and "Just do it" slogan.
If Amit Shah is likely to take to the home ministry like a duck to water, Nirmala Sitharaman's handling of finance will show whether she will justify the confidence which Modi has placed in her.
The revised projection comes after a 17% rise in the April-June.
'Historically, the lead-up to a general election tends to be excessively volatile and big losses are perfectly possible.'
'Our network somehow saves 3,000 lives every year, but there's so much more to do, as every death due to shortage of blood is easily avoidable.'
BNP Paribas Securities sees the benchmark Sensex touching 22,000 mark in 2014, even as it cautioned over the earnings estimates in medium term.
The government has promised to keep the deficit at 4.1%
'This (opposition to the project) is not just architects, but everyone needs to know more.' 'We need to be allowed to participate, maybe, you can ignore what we have to say, that's your decision.' 'At least follow the process.
Kapil Mishra had been invited because he was an "anti-corruption crusader", one 'IIT B for Bharat' organiser said. But in his half hour-long speech, Mishra didn't mention corruption. His entire focus was on the long "battle" Hindus had fought for their identity.
While more students are open to entrepreneurship as livelihood option, a whopping 71 per cent fear failure as a stumbling block in their entrepreneurial journey
Today, it holds $131 billion in assets under management.
A comprehensive solution involves a complete overhaul of our education and training model.
