Taking a swipe at the Opposition, Jaitley said people have to decide between a government led by one captain or a team of 11 players, and that of 40 captains.
This is the fifth straight cut in rates by the Reserve Bank of India in as much policy reviews in 2019, and takes the total quantum of reductions to 1.35 per cent.
The government on Tuesday expressed disappointment over the slowdown in the country's gross domestic product growth rate and said hard work is needed by all sections, including industry and farmers, to ensure inclusive growth, keeping in mind uncertainty over the global economy and monsoon.
Countries are competing against each other to attract businesses and tourists.
The minister said Indian economy was the fastest growing.
Years of fiscal profligacy, a long struggle with high inflation, high interest rates, persistent political gridlock and fragile global economy have put India back in a rut.
The outlook is improving and that mostly reflects the fact that the new government has pledged to prioritise economic reforms.
The traditional model of IT is being commoditised and players are losing margins. Industry needs to focus on innovation-based start-ups for next round of growth.
The Sensex has come off more than 23 per cent from its all-time peak of over 30,000, scaled nearly a year ago on March 4, 2015.
IMF Chief Economist Gita Gopinath also said the pickup in global growth for 2020 remains highly uncertain as it relies on improved growth outcomes for stressed economies like Argentina, Iran, and Turkey and for under-performing emerging and developing economies such as Brazil, India, and Mexico.
Modi to push for low transaction cost for remittances at G20
Gold, forex assets, IT sector, pharma. Devangshu Datta explains why each of these is a good hedge against market shocks at this time.
'This crisis is going to be much bigger than anything we've experienced and anything we do will not be enough but my aim is to help, it might not be enough in some cases but I have to try'
The findings, released at the World Economic Forum meeting in Davos on Friday, come at a time when the global economy is going through stressful times.
Huge demand for dry bulk commodities such as iron ore, coal, and grain has helped the Index touch a five year high recently.
Let's take a look at the 30 richest businesspeople.
Quoting global financial indexes, IATA said global airlines, including those from Asia, showed an upward trend since late September with European airlines' shares experiencing the strongest rise, up 55 per cent.
Focus should be on integrating India into regional trade blocs and helping professional services transcend borders.
Ajay Banga, the 55-year-old CEO of MasterCard, is on a roll.
A whopping two billion people will be 60 years and older by 2050.
A whopping two billion people will be 60 years and older by 2050.
As enforcement efforts have tightened globally, Iran is using China as a platform to smuggle sanctioned goods for its controversial nuclear programme, according to a United States think-tank.
Give each employee the space they need to contribute to their fullest potential. Be a role model for self-care, suggests Shalini Bhattacharya.
India's exports during 2012-13 declined 1.76 per cent to $300.6 billion mainly on account of slowdown in the global economy, Commerce and Industry Minister Anand Sharma said.
"I am certain that now that the growth is returning back to the world, the future holds an important direction as far as India is concerned. The sheer size of the country and economy would offer huge opportunity for investment in India in the next few years," the finance minister said in Washington, DC.
Infosys Ltd, India's No. 2 IT services exporter, forecast lower revenue growth than analysts had expected for this fiscal year, citing a challenging global economy, sending its shares tumbling nearly 18 percent.
'The Indian economy is in slowdown and growth may stay slow,' notes Devangshu Datta.
The US election results were in line with expectations and the markets were not surprised.
"India's economy is projected to sustain a 7.6 per cent growth rate in both fiscal years 2016-17 and 2017-18," says the year-end update of the flagship report Economic and Social Survey for Asia and the Pacific 2016 of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
What might be useful is targeted assistance to those sectors and individuals that are disproportionately affected, suggests Mihir S Sharma.
International Monetary Fund has said more remains to be done to put the US public finances back on sustainable path.
Despite volatile moves, the year 2012 has finally proved to be fruitful for the stock market with about 25 per cent appreciation in benchmark indices, but investors are looking forward to more stable times in 2013.
'It came out of China and it could have been stopped and I wish they had stopped it and so does the whole world wish they had stopped it'
Former Reserve Bank of India governor Raghuram Rajan said that Rs 65,000 crore is required to help the poor affected by the coronavirus-induced lockdown. He also laid stress on the need to restart the economy while taking precautions.
On Tuesday, the partially convertible rupee, the worst performing currency among the major global economies, dropped as much as 3.1 percent to 68.12 per dollar.
The number one way the Modi administration can demonstrate its commitment to the success of the Atal Innovation Mission, Accelerating Growth for New India's Innovations, Make in India, Digital India, and Startup India is to strengthen its IP framework in ways that promote the legal and regulatory certainty necessary for greater R&D investment, high-value jobs, and greater innovative and creative outputs, the report said.
Rangarajan says there was no need to change the inflation comfort level from four-five per cent.
India is slated to become the third largest economy with a share of 14.3 per cent of global economy by 2015 and graduate to become the 'third pole' and growth driver by 2035.
The growth rate in India projected to be up to 6.7 per cent between 2013 and 2014, Finance Minister P Chidambaram said.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances