Modi govt has a unique style of working, say experts.
Inflation pegs down currency value, re-allocates resources, reduces potential economic growth and leads to the attrition of gross domestic savings.
Modi govt must implement few policy measures which it announced in Budget 2015.
'I feel now we have a leader who is non-corruptible.' 'But he needs time as corruption is deep-rooted in our society, and people have no shame about being corrupt.' 'It will take at least 7 years to make some changes.'
The long-term growth perspective or potential for India is one of the highest in the Asia Pacific region.
Former chairman of the UIDAI Nandan Nilekani, elucidates how Aadhaar could become the spine for alternative banking and could replace government services with cash benefits.
South and South-West Asia could witness an economic growth of 5.3 per cent in 2015, which will be a four-year high.
Global economy will have to grapple with few tough situations in 2015.
Sensex witnessed the biggest single day gain since May 2009 in absolute terms.
Taking on board India's concerns, the G-20 Summit on Friday acknowledged that excess volatility of financial flows and disorderly movements in exchange rates can affect economic and financial stability of emerging markets and called for sound policies to address it.
Governor Rajan can be more unambiguously pro-growth.
IMF attributes the slower growth rate to supply-side bottlenecks.
Vicky Nanjappa in a conversation with Air Deccan founder Captain Gopinath regarding the AAP
History would indicate that a recession is not that far off.
Finance minister tries to put house in order before reforms are unveiled in February.
The implications aren't too significant, given the size of Ukraine and its role in the global economy.
The plan of UID/Aadhaar-based surveillance does not end with the collection of fingerprints and iris scan, it goes quite beyond it and poses a lethal threat to the idea of India, says Gopal Krishna.
For one thing, US Fed Chairman Ben Bernanke was perhaps right in postponing the quantitative easing taper even though the markets had complained at that time that they were primed for some reduction in QE3 and the Fed had missed an opportunity to execute their plans without causing too much of a flutter.
Sahil Kapoor of Edelweiss Retail Capital Market Research says that setting up a monetary policy committee should have been the first step. And the central bank could have moved towards a formal inflation targeting mechanism after the processes and data sets are in place.
The Economic Survey was tabled in the Parliament on Friday.
Expenditure cuts necessitated by slowing revenue growth, weak industrial activity worrisome portents
2014 was a year for downturn for most economies across the globe.
Raghuram Rajan is correct -- the RBI's monetary response to inflation in the past has been too weak.
Tragic as it is, the submarine accident is more tactical in nature and it is the deeper strategic malaise across the board -- political, economic, security, judiciary, bureaucracy and even the media -- that has led to this dark mood of gloom and despondency, says Commodore (retd) C Uday Bhaskar.
A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.
'It has also underestimated the striking force of the Opposition. It has been complacent and paralysed. That may be due to the compulsions of coalition politics and the arrogance of a party which looked at itself as entitled to rule,' says political scientist Christophe Jaffrelot.
The elements are all aligned to make India a global powerhouse, says IMF Managing Director Christine Lagarde.
Sanjay Mathur, managing director and head of economics research for Asia Pacific (ex-Japan), Royal Bank of Scotland, tells Business Standard that in the emerging market pack, India needs to learn lessons from Korea and Taiwan, which have managed their economic situations well.
Finance Minister P Chidambaram, while addressing the Carnegie Endowment for International Peace on "Recapturing India's Growth Momentum" in Washington on Thursday, said that the leading think tank need not launch an initiative to explore how India will vote in 2014, declaring that the Indian polity will vote the Congress back into power.
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