Modi said during the Congress-led regimes, terror attacks and bomb blasts would take place in Mumbai 'any time' and its coastline had become 'entry point' for terrorists.
The coming decade could finally be India's, as China ages and its working population stagnates, and its savings rate drops.
India on Friday moved closer to a major economic reform, with a committee of secretaries (CoS) giving an approval in principle for allowing up to 51 per cent foreign direct investment in multi-brand retail.
India was not the only country that embraced the 'import-substituting industrialisation' fad.
Observing that infrastructure deficit was posing a major constraint to India's growth, Prime Minister Manmohan Singh on Monday said an outlay of over $1 trillion was envisaged for infrastructure projects during the next 5-year plan beginning 2012 and invited Japanese firms to play a greater role in this endeavour.
S&P Global Ratings has forecast India's economy to shrink by 5 per cent in the current fiscal. It, however, has projected GDP growth to be 8.5 per cent in 2021-22 and 6.5 per cent in 2022-23.
US President Barack Obama remains committed to economic reforms and recovery, says White House.
Even with the possible expenditure roll-overs and off-budget financing, the fiscal deficit target will not be met. The FRBM Act, after its amendment in 2018, allows a fiscal deficit slippage of not more than 0.5 per cent for any given year, provided there are justifications. These justifications include war, national security, severe collapse in the agriculture sector, a major natural calamity, big structural economic reforms, or the decline in real output growth of a quarter by at least 3 percentage points below its average of the previous four quarters.
Robert Blake says the United States wants to partner India on a range of global issues.
'Officers have been made the scapegoat for political failure.' 'No effort has been made to find out who scuttled the prime minister's decision to introduce competitive bidding and why and at whose instance.'
'Sachin Pilot had every legitimate right to demand to become CM.'
The truth is not that Chandrababu Naidu's centre-right policies led to his defeat but rather almost the reverse: his defeat, and for that matter that of the NDA at the Centre, was widely -- but falsely -- interpreted as a rejection of their economic policies, rather than put down to bad luck and conventional anti-incumbency., say Vivek Dehejia and Rupa Subramanya.
These illicit financial flows were generally the product of: tax evasion, corruption, bribery and kickbacks, and criminal activities.
The emphasis would be on curbing subsidies and promoting private sector investment by continuing stimulus measures.
Demonetisation will help in transfer of resources from tax evaders to government, he said.
Tech sectors, including start-ups and IT & ITeS, witnessed the highest consolidation, capturing over 40 per cent of volumes
With China emerging as the second largest economy after overtaking Japan, the ruling Chinese Communist Party made a surprise promise to loosen its firm grip on power structure saying that the gains made out of the economic reform would be lost without political reforms.
We did not disappoint India in the summer of 1991. We will grasp the nettle once again, in the summer of 2011, the prime minister said.
India will unveil a single policy for foreign direct investment, including in sectors such as financial services, insurance and banking by March 31, Commerce and Industry Minister Anand Sharma has disclosed.
It may be recalled that recently differences flared up between the Planning Commission and the road transport ministry after the latter's minister Kamal Nath questioned the quality of reports produced by the Plan panel.
It may all seem a little funny now and may mean nothing to you beyond a fond memory, but it's fun reminiscing all about your first love!
'In addition to FDI, we welcome portfolio investment in Indian companies,' said Singh.
Locke says the US is seeking a level-playing field.
The blueprint submitted to the prime minister identified agriculture, infrastructure, manufacturing, education and sustainability as five key areas of focus. The government should 'encourage infrastructure funding by mandating five or six institutions to create an infra bond market", IMC president Gul Kripalani said in the Action Plan submitted to the prime minister.
The government should 'encourage infrastructure funding by mandating five or six institutions to create an infra bond market,' IMC President Gul Kripalani said in the action plan submitted to the prime minister. It wanted deregulation of the labour market to stimulate investment and employment. 'Encourage contract labour employment to enhance labour flexibility. Amend labour laws to provide flexibility in respect of entry and exit,' IMC said.
What does economic liberalisation mean to the common people? Are they happy with it or do they think an overt obsession with the issue has given birth to an unmanageable problem of inflation?
'He depended too much on assurances given by sadhus and sants. He may not be culpable, but he was wholly responsible for December 6, 1992.' 'While Manmohan Singh came to reforms out of conviction, Rao came to reforms out of compulsion. If the compulsion had not been there, I don't know how he would have responded.'
At Davos on Thursday, all eyes were on China's vice-premier Li Keqiang, tipped to become the next Chinese prime minister.
If Modi's truly a reformer and a believer in minimum government, he would bury the Vodafone ghosts now. He would also then go to Bihar, campaigning on his politically controversial reforms. Both will need him to dip deep into his accumulated political capital and risk it, suggests Shekhar Gupta.
Broad convergence on GST rollout in NDC meet.
Economic reform entails reducing the space for arbitrary decision-making and ensuring transparency in policy.
Indian Ambassador Nirupma Rao said the country will take care of the US concerns in a candid manner, open and transparent manner.
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The basis of Ind-Ra's expectation of INR appreciation is based on economic developments in the last one to two months of this fiscal and the likely developments in the remaining months.
The world's biggest lockdown that shut a majority of the factories and businesses, suspended flights, stopped trains and restricted movement of vehicles and people, may have cost the Indian economy Rs 7-8 lakh crore during the 21-day period, analysts and industry bodies said.
The RBI announced its monetary policy on Tuesday.
The main issues confronting CFOs currently, according to Deloitte, are the current economic slowdown, a depreciating rupee and inflation.
Rao has only received contempt from his party colleagues. Being one of the most successful Indian prime ministers from a non-Nehru-Gandhi dynasty is not something that Congress-wallahs can accept easily.
'Those who are talking of adopting the Narasimha Rao-Manmohan Singh policy must understand now that what was a reform then is no longer a reform now,' argues Sukumar Mukhopadhyay who was associated with the 1991 economic reforms.
The Bharatiya Janata Party, if voted to power, will create an atmosphere of "mutual goodwill and trust" with the United States, party president Rajnath Singh said in Washington, DC, asking America to look at India as a long-term strategic partner and "not merely as a transactional" relationship.
In the video, Bachchan explains GST as an unifying force just like the three colours in the national flag.
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