While consumers have enjoyed lower fuel prices, producers have cut spending and thousands of jobs
President Xi Jinping on Tuesday pushed China's free trade vision for the Asia Pacific region and asked APEC to "break open closed doors" as leaders of the grouping held talks on forging consensus over opening up commerce in the resource-rich and economically dynamic region.
'India-China economic ties are likely to take a hit in the wake of the new situation, but that also provides India with a new opportunity to strengthen its manufacturing base,' points out Dr Rajaram Panda.
There are actually great similarities between the two PM
The President said Indian economy grew at 5.7 per cent during the first quarter of 2014-15.
The government has given up plans to reconvene a parliament session to secure approval for a common goods and services tax.
Companies world over have to confront unprecedented factors that can cause losses.
Kalvari underwent around 120 days of extensive sea trials and tests for various equipment and is expected to bolster India's maritime prowess.
'India will come increasingly in the US crosshairs if it insists on maintaining its strategic autonomy, warns Ambassador M K Bhadrakumar.
Outlining seven principles of engagement for closer cooperation between India and China, Prime Minister Manmohan Singh on Thursday said the two countries should show sensitivity to each other's interests and sovereignty and move quickly to resolve the boundary issue.
Janet Yellen is guiding the Federal Reserve towards its first rate rise in a decade armed with traditional economic models that some economists worry could fail her in a world of massive money printing and near zero rates.
All things taken into consideration, the Taliban statement on Kashmir portends trouble ahead. The Taliban is notorious for doublespeak and when it says there is no link between the Kashmir issue and the Afghan settlement, the opposite must be taken into account as well, points out Ambassador M K Bhadrakumar.
The elements are all aligned to make India a global powerhouse, says IMF Managing Director Christine Lagarde.
Tamil Nadu Chief Minister Jayalalithaa credited Prime Minister Narendra Modi with spearheading investor-friendly initiatives, saying it will "enthuse" businesses planning to invest in states.
'In India, we are paying a price for not managing water as we are not willing to pay the cost for it.'
Following is the full text of Prime Minister Manmohan Singh's speech at the Central Party School in Beijing on Thursday:
'India is still hierarchical, but not as much as Japan and people appreciate a flat working culture,' Charles Frump, managing director, Volvo Cars India, tells Pavan Lall.
The night before Dr Singh was to meet President Bush, he said he could not sign the agreement.
'Both India and Japan can find themselves in a win-win situation if they draw some lessons from each other's strengths,' says Dr Rajaram Panda.
The net sales growth declines 4.4% in September quarter, the second worst in eight years.
There are already some signs of stress in this market.
Some leading Indian companies are likely to see their earnings declining if the Indian currency depreciates further, analysts and finance heads say.
'Alas, the Congress party offers no suggestions as to how to unscramble the omlette it cooked during 2004-2014 on which the Modi government may have since lavishly spread some tomato ketchup,' says Ambassador M K Bhadrakumar.
The government must realise that it has very little time to recover itself, its reputation, its legacy - and India's fortunes,says Mihir S Sharma.
Raghuram Rajan rejected the argument that inflation has come down largely because of "good luck" stemming from low oil prices.
Select companies in infra, capital goods, private banks, auto, oil & gas, and mining could be considered by investors.
Money will flow to Europe, Japan - and the emerging markets, including India.
We present our alphabet of 2020, pulling in everything you'll remember about this year we'd rather forget.
India needs to come up with new ideas to make the Pravasi Bharatiya Divas more appealing to overseas Indians. The Diasporas talents should be used for the country's development, says Thomas Abraham, founder of the Global Organisation of People of Indian Origin
India needs to have a re-look of whole gamut of its relations with major powers and also prepare for a more turbulent neighbourhood. But such is the tyranny of Indian status quo mindset that any talk of re-look at nuclear doctrine or foreign relations is treated as blasphemy, says Colonel (retd) Anil Athale.
Summary of sports events and persons who made news on Friday
23 Nifty companies reported an annual decline in net profit.
While the UK will possibly go into recession, the bigger fear is copycat referendums from other EU nations.
The BRICS model will need to demonstrate the efficacy of a second alternative governance structure to reform the Bretton Woods legacy.
India's macroeconomic situation has benefited from oil prices' decline.
Although the India-Japan relationship has its own driving forces in terms of robust economic ties and shared values, China is the elephant in the room in the strategic parleys between the two countries, says Rup Narayan Das.
Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.
While enjoying long-awaited economic good times - and hoping they will last as long as possible - some caution and some prudence might be the best protection against bad surprises, says Claude Smadja.