While foreign currency rating was retained at Baa2 -- the second-lowest investment grade score -- Moody's also projected a fiscal deficit of 3.7 per cent of gross domestic product in the year through March 2020, a breach of the government's target of 3.3 per cent.
The outgoing Chief Economic Advisor will always be remembered for his remarkable passion, his large imprint on policymaking and the high level of public debate he fostered
'While growth will bounce back from the current sub-5 per cent, it will stay lower than the already inadequate long-term average of 6.6 per cent,' notes T N Ninan.
India has undertaken a number of structural reforms.
The PM also told his party's leaders that their responsibility has risen as public support has increased for the BJP.
The new UP CM also asked all his ministers to provide details of their income, moveable and immoveable assets within 15 days.
'If a doctor is kind of trying to say that there's an urgency, relatives should definitely get a second opinion.'
'Everyone is confused, lost, worried and unsure about the future.' 'Regular communication from the owners or leaders will keep anxiety at bay for employees.'
'If businesses are focused on de-leveraging, they can hardly be investing. This is the price extracted by investment mistakes during UPA rule, and should have been foreseen. 'But Modi-I must share the blame, for muted reform of the financial sector, partisan policy in telecom, the harm done to exports by an over-priced rupee, and so on,' says T N Ninan.
'If approved it will be a voluntary engagement and there will be no dilution in selection criteria'
Terming infrastructure as the "backbone" of any nation's development, Goyal while presenting the interim Budget for 2019-20 in the Lok Sabha said India aspires to be a USD 10 trillion economy in the next eight years, and on the anvil is next generation infrastructure of roads, railways, seaports, airports, urban transport, gas and electric transmission and inland waterways.
The best available recourse to keep the defence sector healthy, is to source most of our requirement within the country so that procurement outlays under both the Revenue and Capital heads flow within the country, recommends says Brigadier S K Chatterji (retd).
Secularism as a principle and practice in India is in "danger", but "forces of hatred" cannot alter the country's secular character, senior Congress leader Shashi Tharoor said during an interview on his new book 'The Battle of Belonging'. In the book, Tharoor makes a stinging critique of the Hindutva doctrine, asserting that it is a political doctrine, not a religious one.
Mental health guru and life coach Anu Krishna offers relationship advice to readers.
Volunteers dressed as clowns visit hospitals and old-age homes to spread cheer and dispel the gloom of ill health and old age.
Billions of people from countries such as India and China are striving hard to "out-educate" Americans in mathematics and technology, President Barack Obama has said while stressing on education reforms to prepare Americans for a global economy where "jobs can go anywhere."
'I try to say to myself, 'Don't cry in front of people'. But sometimes I can't help it.'
The government should set up agricultural co-operatives in every cluster of villages and in respective districts on a war-footing within a time limit. We should involve the services of our military personnel who retire at a young age with several years of working life still left in them and would be happy to contribute to nation-building, recommends Atul Gupta.
Coronavirus is the biggest story of our lives and a billion plus people expect us to be around, watching, reporting, editing, recording this for posterity and blowing the whistle to draw attention to injustices and State failures, notes Shekhar Gupta.
Stay focused on eating healthy, staying physically active, and practice regular meditation.
'Social isolation itself can create panic among people. So, stay connected.'
The more one thinks about it, the more difficult it is to see how India will be able to reap the benefits of a demographic dividend, says Aakar Patel.
'I am not the kind of person who will stand up and complain. I have no complaints against anyone. If I've been away from the entertainment industry, it's because I am not into selling myself.'
'Our adult minds can use logic to understand the consequences, and our responsibilities have enabled us to accept this reality faster.' 'But our little ones still have no clue about what is going on.'
The challenge will be to force the officials of his government to own this vision.
India lacks China's culture of collective discipline, so what will provide the glue for people to cooperate rather than follow their raw survival instincts? asks Ravi Bhoothalingam.
Fifteen months after taking power, Modi's credibility as an economic manager is on the line.
Lenders have become worried as some dealers were not using the money provided to them for car financing.
He said the farmer's agitation in Punjab against the new farm laws could lead to 'serious consequences' for national security and alleged that China and Pakistan were seeking to disturb peace in the country's border state. Stressing that his intention was not to disturb peace, Singh said he was trying to 'save' his state's farmers as the Centre was 'playing with' their livelihoods.
Rahul described the Rafale deal as a 'systematic robbery' from the Indian defence forces.
'The main reason people go to other countries is unemployment in Punjab'
'This year, we know the virus. Last year we didn't know anything about it.' 'The best part is that for the Indian population there has been some amount of cross protection.'
'Our liquidity is strong for the next 15-20 days.' 'But if the situation worsens drastically, then we will have to think about laying off people.'
He assured the startups that both the banking system and the government will make the resources available to them
'As a child, I believed that my world record would be a national pride. But I feel cheated now.'
In a marathon address to the nation from the ramparts of the Red Fort, Prime Minister Narendra Modi on Saturday underlined India's unity and diversity and the progress of his 15-month-old government's policies.
Describing the boundary talks with China as "positive", National Security Adviser Ajit Doval on Friday said India has inalienable positions and the government will protect vital national interests.
Under the revised curriculum, the number of credits required for theory has been reduced to 160 from 220.
There is not much bank employees can do, but some words of encouragement from the management would have helped. Stretched working hours and the tense atmosphere is taking a toll on their health.
'Those who come from outside are surprised at the relatively small strength of the RBI supervisory cadre, relative to the needs of the country and the needs of the financial sector.'
