After Chief Minister Stalin moved a resolution, even as Ravi was speaking, that the speech was read, the governor walked out of the assembly.
Manmohan Singh said Narasimha Rao can truly be called father of economic reforms in India.
'We suggest investors with suitable risk appetite to consider allocating 40-50 per cent in large-caps, 25-30 per cent of funds in quality mid and small-caps and the rest in debt and high yield products.'
'When the average growth in the last three years was just 2.5%, how does that make us the fastest growing country?' 'They only tell you what has happened in the last 2 years; they are not taking into account what happened in FY21 on account of their mistakes.'
The government has invited applications for the post of chief economic adviser (CEA) to replace K V Subramanian, who will complete his three-year tenure next month. Subramanian was appointed as CEA on December 7, 2018, while he assumed charge on December 24 in the same year. As per the public notice dated October 24, 2021 issued by Department of Economic Affairs, the Ministry of Finance, officer of central, state governments, RBI and public sector banks holding analogous post on regular basis in parent cadres or department are eligible to apply for the post.
Nowadays, our politics is habituated to sitting on a high pedestal, hobnobbing with world leaders, generating impressions of a superpower and returning to earth for the purpose of winning elections. In contrast, the yatra never left earth, observes Shyam G Menon.
Observers say China should re-address its policies towards India or else it will continue to face flare-ups increasing the tensions between the two countries at a time China's increasing tension with the US over Taiwan and the South China Sea besides the downturn in the Chinese economy which is hit hard by the zero-covid policy.
India has helped the world discover the true potential of democracy and the keyword for the country today is compassion for the downtrodden, needy and those on the margins, President Droupadi Murmu said on Sunday.
The president made a special mention of the threat to the environment and asked all citizens to take care of it for future generations.
The two leaders discussed the Ukraine crisis and several regional and global issues including increasing trade relations and cooperation in the field of mitigating the impact of climate change during their bilateral talks at the Danish Prime Minister's official residence in Mareinborg near Copenhagen.
We have a government with an extremely weak economic team advising a PM who hardly pays attention to their thoughts, says Jayanta Roy.
Her research was focused on urban development, macro-economic reforms, industrial development, and social sector development issues in India.
Here's the full text of the maiden address to the nation by President Droupadi Murmu on the eve of Independence Day 2022.
Till such time that a new governance framework comes into being, the progress of reforms in health, education, land, labour, electricity and agriculture could remain fraught with problems, agitations and delays, observes A K Bhattacharya.
'The Russian attack might be a wakeup call for Europe.'
India's most valuable company Reliance Industries was once fined for producing more than its licensed capacity, its owner and richest Indian Mukesh Ambani said on Monday as he pitched for a push to manufacturing to make the country 'Aatmanirbhar' or self-reliant.
India has much to be proud of and celebrate. But there is also much that is wrong, much that looks dangerous. Employment, current account deficit, rural distress, agricultural productivity are all in deep crisis, points out Shekhar Gupta.
The slowdown in India is related to a credit squeeze, which is a cyclical problem - not a structural problem: American economist Steve Hanke.
Chief Justice of India J S Khehar on Saturday criticised the electoral politics in the country, saying poll promises are "routinely unfulfilled", caste issues projected differently to get a majority and party manifestos do not have any linkage to socio-economic justice.
A flop Bharat Jodo Yatra could unleash more resignations from a party which under its current leadership is dying a slow death, warns Virendra Kapoor.
India's primary deficit (Centre and states) for FY21 is assumed to be 6.8 per cent of GDP, according to the Economic Survey tabled in Parliament on Friday. It said the Covid-19 pandemic has created a significant negative shock to demand. Active fiscal policy -- one that recognises that fiscal multipliers are disproportionately higher during economic crises than during economic booms -- can ensure that the full benefit of seminal economic reforms is reaped by limiting potential damage to productive capacity.
His likable boy-next-door face and casual approach to public speaking have a unique appeal for the younger generation, but it stops there, observes N Sathiya Moorthy.
'We are worried for the workers because in the private sector, jobs are not secure, there is no decent work condition and there is no social security.' 'That's why we are opposing the economic policies of this government.'
The protests brought home the fact that the Sri Lankan public is in no mood for halfway measures, as voices against Rajapaksa 'family rule' and 'securitisation' of the civilian administration began sidestepping the more critical economic crisis, affecting the nation and afflicting the individual, observes Sri Lanka watcher N Sathiya Moorthy.
P V Narasimha Rao strongly felt that the reforms would have to be mindful of Indian concerns and would have to protect the interests of our poor and our working people, he said.
As some BJP pollsters concede, the Modi leadership's sweeping success in elections 2019, especially across central India, owed not to Hindutva ideology, but to welfare schemes, all of them borrowed from Tamil Nadu, reveals N Sathiya Moorthy.
Bringing petrol, diesel and other petroleum products under the single nation-wide GST regime will reduce taxes on these products and increase the revenue of both the Centre and states, Union Minister Nitin Gadkari said on Wednesday. Finance Minister Nirmala Sitharaman will definitely try to bring petrol and diesel under GST if she gets the support of the state governments, said Gadkari while addressing the Times Now Summit virtually. "In the GST Council, finance ministers of states are also members.
But use of that word -- privatisation -- is not encouraged. This seems to be a classic case of reforms through subtle signals, observes A K Bhattacharya.
The Business Confidence Index (BCI) prepared by the Delhi-based think tank NCAER declined by 27.5 per cent in the first quarter of the current financial year over the previous quarter mainly on account of the second wave of the COVID-19 pandemic. The BCI on a quarter-on-quarter basis decreased by 35.3 per cent for the services sector, 32.9 per cent for the consumer durables sector, 32.3 per cent for the capital goods sector, 17 per cent for the intermediate goods sector and 14.3 per cent for the consumer non-durables sector, NCAER said in a release.
The International Monetary Fund has said it broadly supports the series of economic reforms undertaken by India, which is moving in the right direction.
Shah said that Modi has always maintained that he is in power to change the country for the better and not merely to run the government.
'Agri reforms need to go beyond the limited concerns of these three laws in improving agriculture productivity in cereal and crop diversification and production patterns.'
A Cornell University professor, Basu took over as the CEA in the Finance Ministry in December 2009 and his term ended in February. However, he was given extension till August as the government was in the process of formulating the proposals for the Budget for 2012-13.
We have not suffered such huge price shocks across so many basic commodities, at the same time, in decades. Has the inflationary impact of all this been factored into stock prices as yet, asks Debashis Basu.
In a veiled attack on Bharatiya Janata Party's opposition to FDI in retail, Home Minister P Chidambaram on Tuesday said political parties which believe that the country should go ahead with economic reforms should neither change their stand nor be apologetic about it.
Ahluwalia was married to former deputy chairperson of Planning Commission Montek Singh Ahluwalia and is survived by her husband and two sons.
'The immediate attempt by China is to get its way and gain territory through small steps without having a full-scale war.'
Through this Budget, the Obama Administration, policy makers, corporate sector and economists in the US are hoping to see a strong sign of a the major economic reforms which were promised by Prime Minister Narendra Modi during his election campaign.
India Inc says way forward is for Modi govt to work with other political parties to get bills passed.
The prime minister in his intervention at the session on "global economy and global health" also flagged the issue of facilitating international travel and talked about the mechanism of mutual recognition of vaccine certification as a means of achieving this, according to the text of his intervention shared by his office.
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