Moody's Investors Service on Friday affirmed India's rating at the lowest investment grade of 'Baa3', with a stable outlook, saying high growth will support a gradual increase in income levels, but flagged risks of populist policies due to rise in political tensions. Moody's said although India's potential growth has come down in the past 7-10 years, the growth would outpace all other G20 economies through at least the next two years, driven by domestic demand. Moody's said the restoration of robust growth prospects post-pandemic, the effective commitment to inflation targeting and the rehabilitation of the financial system aided by reform supports its view of strengthening monetary and macro policy effectiveness.
Reserve Bank Governor Shaktikanta Das on Wednesday pitched for higher investment in infrastructure and reforms in labour and product markets to achieve sustainable growth post-pandemic. Addressing AIMA National Management Convention, Das underlined the need for increased investment in healthcare education, digital and physical infrastructure to ensure sustainable growth and generate employment opportunities.
Whether it was the MGNREGS or the NFSA or the Aadhaar-based DBT scheme for cash transfer, the Modi government has built on the basic architecture created by the Singh government. Policy makers in the Modi government, instead of discarding them as products of the previous political regime, worked on them, expanded their scope and reach, and used new tools to improve their performance, explains A K Bhattacharya.
'There is no scope for any doubt. This was a scheme designed to enrich the ruling party.'
The party's research department team, which Rajya Sabha member M V Rajeev Gowda heads, has sifted through the suggestions received in the last five months, and the manifesto is slated to be released later this month, reports Archis Mohan.
In far-reaching reform measures to the salary structure of an estimated 4.5 million central government employees, the sixth Pay Commission report submitted to the finance ministry today recommended an across-the-board effective salary hike of about 28 per cent, performance-linked increments, fewer holidays and a new medical insurance scheme.
President of Phule Aarakshan Sangarsh Samiti CP Saini said if the state government fails to fulfil their demands, they will block the Jaipur-Delhi highway.
Thursday's ruling does not affect any decision on Russian and Belarusian athletes' participation at the Paris 2024 Olympics which the IOC will take at a later date.
These are the 15 seats to watch out for in Rajasthan where assembly elections will be held on November 23. The state has 200 constituencies.
The size of India's middle class will nearly double to 61 per cent of its total population by 2047, from 31 per cent in 2020-21, as continuing political stability and economic reforms with a sustained annual growth rate of between 6 per cent and 7 per cent over the next two and half decades will make the country one of the largest markets in the world. The findings are part of a report released on Wednesday by the People Research on India's Consumer Economy (PRICE) and India's Citizen Environment, a not-for-profit think tank. The report titled, The Rise of India's Middle Class, is based on an analysis of primary data collected by PRICE through its pan-Indian survey.
She has shown shrewdness, sensitivity, and courage. All of these will be needed in ample quantities for the real challenge that will emerge after the elections, notes Shreekant Sambrani.
China is trying to legitimise its claim over Tibet through museums, and cultural institutions in the region, according to Tibet Rights Collective.
Senior Bharatiya Janata Party leader and Union minister Nitin Gadkari on Monday asserted that votes are won on the basis of "politics of service" rather than on "posters and banners".
The police probing the ink attack on Maharashtra minister Chandrakant Patil in Pimpri Chinchwad city will summon a television journalist again in connection with the case, a top officer said on Monday.
For the Stalin government to win back the confidence of voters ahead of the Lok Sabha polls, post-flooding restoration works, their speed and efficacy would be closely watched, and not just by the political Opposition, notes N Sathiya Moorthy.
India on Tuesday told the UN General Assembly that the days when a few nations set the agenda and expected others to fall in line are over, underlining that its presidency of the G20 sought to focus on key concerns of the many, not just the narrow interests of a few.
'Its people are either victims of corruption or witnesses to it.'
Vallabhaneni, founder and chief executive officer, Luminix, had to wait for 12 years before getting a Green Card.
Prime Minister Narendra Modi has said that India's economic growth is a 'natural by-product' of his nine-year-old government's political stability, as he expressed optimism that it will be a developed nation by 2047 with 'corruption, casteism and communalism' having no place in our national life.
Clarity on the roadmap necessary to assess its likely impact on near-term fiscal health and investment.
In a pre-budget meeting with Finance Minister Arun Jaitley, the experts suggested timely implementation of the BJP's election manifesto promises to fix higher support prices. They also favoured a Kissan TV channel, an efficient procurement policy, priority for farm mechanisation and the linking of rivers.
It would be unfair to accommodate Gauri's incredible journey in six episodes, but the makers have done justice by casting Sushmita Sen. She adds a touch of elegance and reform in some of the most challenging scenes, applauds Divya Nair.
China has relaxed its one-child policy and further freed up markets in order to put the world's second-largest economy on a more stable footing.
It also promised to launch the 'Poshane' scheme through which every BPL household will be provided with half litre 'Nandini' milk every day and five kg 'Shri Anna - siri dhanya' through monthly ration kits.
In the current complex and dynamic strategic environment, refining the IAF's strategy, building robust capabilities and developing a flexible mindset to "prosecute future wars" will prove decisive, the chief of air staff said.
'UCC should be across India and legally applicable to every Indian citizen.'
The Survey projected growth rate of 7-7.75 per cent for 2016-17 with downside risks due to weak global economic scenario.
The challenge is to enhance opportunities for people to generate livelihoods through entrepreneurship, both big and small, argues R Jagannathan.
Sisodia said the BJP indulged in "politics of hate", but people refused to be divided.
The Congress needs to reorganise itself at the grassroots, infuse younger blood, and have more boots on the ground. Just offering freebies is not the answer anymore. Leadership matters, asserts Ramesh Menon.
US President Barack Obama has written a profile for Prime Minister Narendra Modi for Time magazine as it named the Indian leader among the 100 most influential people in the world.
'With vendetta politics as its main plank, the BJP will be looking out for every opportunity to destabilise this Mahagatbandhan government.'
Dominic Xavier offers his take on the most pertinent question playing on the mind of every youngster -- will these sweeping changes being brought in the education system create better employment opportunity?
Home Minister Amit Shah on Wednesday appealed to the opposition for the unanimous passage of the women's reservation bill and said shortcomings, if any, can be rectified at a later date.
The AAP leader, who has been recently in the news for supposedly dropping her second name, has been active in reforming the education and health sector.
"Practice your religion but don't abuse and indulge in hate speech and writings," the Vice President said at an event organised to mark the 150th death anniversary of Saint Kuriakose Elias Chavara, a spiritual leader and social reformer from the Kerala Catholic community, at Mannanam near Kottayam.
inaugural address at the 'Conclave on Transformational Reforms in Higher Education under National Education Policy'.
The Los Angeles Lakers captured a record-tying 17th NBA Championship on Sunday with a 106-93 victory over the Miami Heat that sealed the best-of-seven title series 4-2, restoring the storied franchise to the top of the basketball world.
Chief Justice of India D Y Chandrachud on Friday said truth has become a "victim" in the age of false news and with the spread of social media, something which is said as a seed germinates into virtually a whole theory that can never be tested on the anvil of rational science.
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