India has the potential to achieve 9 per cent growth rate and become a $10 trillion economy by 2034 on the back of concerted efforts by the corporate sector and a constructive role played by the government, a PwC report said on Monday.
During that period, the World Bank Group's private sector arm, IFC, committed $1.2 billion in India.
Sadly, for hundreds of millions in India, that inequality from their birth and the utterly inadequate schooling and health care they receive thereafter mean that the lottery is stacked against them.
India will surpass China to become the most populous nation in the world by 2022, six years sooner than previously forecast, and the country is projected to retain the top spot till 2100, the UN has said.
If Modi wants to be a man of history, he must make hard choices that will pay off down the road, says T N Ninan.
They'll be increasingly define everything from products to politics of this country.
Infrastructure and inflation targeting are expected to be top priorities for the new Reserve Bank of India governor, says A V Rajwade.
'Although Narendra Modi had no direct participation in the Ayodhya agitation, he would not have been in the dominant position he is now had it not been for the Ram Janambhoomi agitation.'
EM asset classes could rally if the pace of US Federal Reserve rate increases moderates.
Only 2.3 per cent of the Indian workforce has undergone skills training, compared to 68 per cent in the UK.
The digital audience knows the difference between healthy suggestions, which are welcome, and a downright breach of privacy, which is abhorred.
Parents always want to give the best to their children.
Competitive advantage is increasingly transient and companies need strategic and operational agility to operate in this environment of uncertainty.
'We have the geographic advantage, demographic advantage, we have the necessary technical skills.' 'We just have to get all of these together. Then, we can very well compete.'
India is home to almost 1.3 billion people.
Newspaper readership was 50 per cent in the 16-19 year age group, the highest in any age segment, followed by 42 per cent each in the 12-15 years and 20-29 year age group.
The prospects for strong, sustained economic reforms do not appear to be promising in India.
The construction sector is now India's second-largest employer after agriculture, the trend coinciding with India's high-growth phase and decline in poverty levels
Today, India is one of the fastest-growing eCommerce markets in Asia/Pacific along with China.
The RBI must cut rates to spur growth, say experts.
Prime Minister Narendra Modi on Sunday said the country needs to focus on imparting skills to its young population in order to compete with China, apart from bringing revolutionary changes in agriculture and energy sectors.
Surround yourself with people who are also working hard on their own side projects, says Saagar Panchal.
'To treat a Hindu fleeing persecution and certain death in Pakistan, Bangladesh or Afghanistan on par with a Muslim voluntarily sneaking into India for economic reasons or otherwise is callously cruel, blatantly perverse and grossly unjust.' 'The concept of equality cannot be invoked to perpetuate a historical wrong that needs to be righted,' argues Vivek Gumaste.
Playing down reports of a poor response to removal of the decades-old one-child policy, China on Tuesday said that besides generating a labour force of 30 million by 2050, the new policy could also boost stagnating growth in the world's second-largest economy.
Not just from the likes of Alibaba and Didi Chuxing, Indian startups saw a surge in Chinese funding from financial investors in 2019. This is a seven-fold jump from $459 million in 2016.
This compares with China at over $10 trillion and India $2 trillion.
''We have a very difficult period ahead of us.' 'Fortunately we have a popular government and a popular leader who is ideally placed to take us into confidence,' says Aakar Patel.
As per the findings, CEOs are less optimistic about prospects this year.
Ashish Mehrotra, MD and CEO, Max Bupa Health Insurance, explains the changes we can expect in health insurance this year.
Experts say the BSE Sensex could rise to around 32,000 in a year.
'This offers us many opportunities to meet people in different ways, and we will do this with full respect to India.'
As global markets near all-time highs driven by liquidity, Marc Faber suggests most asset prices worldwide are inflated.
Replying to the debate in Rajya Sabha on a motion thanking the president for his address to the joint sitting of both houses of Parliament, he said for the first time in decades, people of Jammu and Kashmir got benefits of reservation.
The NDA government was initially reticent about fleshing out its economic strategy for the future. But now that it has taken enough bold initiatives on the economic front it must have the confidence to tell us more about its approach going forward, says Abheek Barua.
'The rise in unemployment, underemployment, discouraged workers and job insecurity is likely to continue, with very adverse consequences for the nation's economic well-being and social cohesion,' warns Shankar Acharya.
'Younger people have a very strong sense of what is wrong, and what is right, along with the opportunity to call out this kind of behaviour through mechanisms like social media.'
Rising skills gap, falling exports, low productivity, rising debt and low foreign investment is jeopardising the target set for the textile and apparels sector
Investors brace up ahead of the key macrodata- IIP and CPI numbers due to be unveiled tomorrow.
'It's a matter of great pride that no student of Army Goodwill Schools has ever joined terrorism.'
The party's most important electoral challenge lies in whether it can meet the aspirations of the youth who were drawn by the promise of gainful work.
