Flexibly targeting inflation is consistent with a demand stimulus, says Ashima Goyal.
'You do not need to roar to be a tigress.'
Quaison fires Sweden to extra-time World Cup playoff win over Czechs
The MP for Richmond in Yorkshire, married to Murthy's daughter Akshata, first entered the UK Parliament in 2015 and has fast risen up the Conservative Party ranks as a staunch Brexiteer who had back Johnson's strategy to leave the European Union.
the PM said, "Hatred and violence have no place in diverse and democratic societies."
'Students are taking a keen interest in a hybrid model, where they start classes online and then complete the course on campus.'
Experts point to the bitter experience of countries including Mexico, Thailand, South Korea and Russia and desist from going forward with plans of issuance of such securities. They say rather than going abroad, the country should increase participation of foreign investor in the government securities which does not have any forex risk.
The labour participation rate tells us how many of the working age population are willing to be employed. If this proportion keeps falling as it evidently is, it does not bode well for India's growth story. It renders all stories of a revival in the economy as a myth, warns Mahesh Vyas.
'Oscar has been given to A R Rahman.' Ringa Ringa Ringa, Choli ki peeche kya hai -- What's the difference? Exactly the same. Also, Jai ho.' 'I did Ramba ho in 1985.' 'Rahman combined three of my songs and got Best Original Score.' 'The Ho came from me.' 'Bappi Lahiri brought the Ho to Bollywood.'
The sovereign ratings outlook for India may turn negative, from stable currently, if the country's fiscal policy fails to check external shocks like crude prices or aggravates the inflation concerns, global rating agency Moody's warned on Monday.
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 Budget will have to be substantially re-cast as soon as a new government takes charge after the elections.' 'Both revenue and expenditure numbers will have to be trimmed -- and then may better reflect the deceleration of economic activity caused by slowing consumption trends,' points out T N Ninan.
India's likely medium-term potential growth will almost certainly be markedly lower than that experienced in pre-pandemic years, warns Shankar Acharya, former chief economic advisor to the Government of India.
'The only reason why these troubling developments are taking place is because of a certain arrogance of power displayed by this government that hopes to clamp down on those voices which have repeatedly pointed out that their bloated rhetoric and grandstanding are not matched by their insipid and tepid response in matters of governance.'
India tops this list, with 3.7 million deaths, and China comes a close second with 2.8 million deaths. In all the four scenarios outlined, India tops China in the number of fatalities. Scenario 6 is the worst, and predicts more than 16 million deaths in India and 12 million in China.
The central bank is of the view that rise in external debt a concern but rating outlook revision reassuring.
Wednesday's hawkish and essentially courageous decision underscores that Governor Urjit Patel will largely represent continuity, rather than a break, with the policies and approach of his predecessor, says Richard Iley.
The economic costs now beginning to show up in the hard numbers are far worse than initial expectations.
Overall forex market sentiment suffered a sudden reversal of fortune contrary to expectation largely moving in line with local equities, reversing all early strong gains.
For the first time in seven years the prime minister finds himself at his most vulnerable, observes Virendra Kapoor.
The report did not specify the impact the rate hike will have on India.
'If India can only grow at 5%, why bother spending time on the country?' asks Akash Prakash.
IT firm Cognizant on Friday said it will give employees who are at associate level and below in India and the Philippines, an additional payment of 25 per cent of base pay for April in recognition of their extraordinary continuity-of-service efforts amid the covid-19 outbreak. The move is expected to benefit over 1,30,000 Cognizant employees in India.
The prime minister was speaking at an event to mark golden jubilee of the Aditya Birla Group's presence in Thailand.
McCullum, 37, played for the two-time IPL champions in two separate stints and also represented Trinbago Knight Riders, the Caribbean Premier League (CPL) franchise that is owned by the same parent company Red Chillies Entertainment.
'We believe there will be a full shutdown for four weeks and a partial shutdown for eight weeks.' 'Hence, economic activity is unlikely to normalise before the end of May.'
A US court has asked Antrix Corporation, the commercial arm of Indian Space Research Organisation, to pay a compensation of USD 1.2 billion to a Bengaluru-based startup, Devas Multimedia, for cancelling a satellite deal in 2005.
Some type of global shock adds to the allure of the dollar.
Women and children have been given short shrift with these crucial sectors facing substantive budgetary cuts, discovers Rashme Sehgal.
ISI chief Faiz Hameed coerced the Taliban to announce an interim government guaranteed to preserve Pakistan's control over the levers of power in Kabul, observes Ambassador M K Bhadrakumar.
Record equity divestment by the Reliance Group in its telecom and retail businesses garnering around $23 billion revved up the deal street in 2020, which otherwise would have gone down as one of the dullest on record, and dealmakers are seeing sunnier days in 2021 given the large scope for consolidation in a slew of sectors ravaged by the pandemic. With Jio Platforms alone garnering over $16 billion (Rs 1,18,318 crore) by selling 25.24 per cent stake and Reliance Retail notching up $6.4 billion (Rs 47,265 crore) by divesting around 9 per cent shareholding, the deal street signed off with $85 billion in the deal kitty across 1,270 transactions. This is higher by about 10 per cent over 2019. What is significant is that over a third of the total deal value came from Reliance transactions, say investment bankers.
The mid-cap universe - comprising firms that rank 101-250 in terms of m-cap - could see as many as 17 new stocks move out. Similarly, over half a dozen stocks could exit the large-cap universe, which is defined as the top 100 entities in terms of m-cap.
'A pandemic like this will leave behind a trail of political, economic, social and psychological scars.' Coronavirus is going to impact every being on earth even if they do not contract it.' 'Everyone will pay a price,' cautions Ramesh Menon.
The keynote address will be given by United States President Donald Trump
Mental health and life coach Anu Krishna tells you how to take control of your life.
Policymakers should correct the self-created imbalances caused by the hesitant and lopsided integration with the rest of the world.
Nigeria's militant Islamist group Boko Haram has left the world dismayed with the kidnap of 257 schoolgirls from a secondary school. The abductions have spurred a global online #BringBackOurGirls campaign, with the hashtag hitting over a million. But the plight of the girls continues to haunt Africa's most populous nation. The story so far...
China's economy, which suffered 6.8 per cent slump in the first quarter due to the coronavirus pandemic -- the worst in 44 years -- bounced back posting 4.9 per cent growth between July and September buoyed by the government's sweeping efforts to stimulate demand and consumption.
Even in this darkest hour of a crumbling economy and raging disease, there is hardly a murmur of protest against the government, observes Sumit Bhattacharya.
Lionel Messi and Cristiano Ronaldo are potential targets for Inter-Miami, co-owner David Beckham said on Wednesday, underscoring his team's global ambition as they prepare to make their long-awaited Major League Soccer debut this weekend.
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