India Inc on Friday said it is looking forward to a repo rate cut in future as cost of funds has to come down in coming times, and expects continuation of accommodative policy stance by the Reserve Bank of India (RBI). The RBI decided to leave the benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance, as the economy faces the brunt of the second COVID-19 wave. Sanjay Aggarwal, president of PHD Chamber of Commerce and Industry, said the RBI has maintained an accommodative stance as long as necessary to revive and sustain growth on a durable basis and to mitigate impact of COVID-19, apart from an aim to keep inflation within the target.
AAP will have to learn to be patient as such electoral changes do not happen in a hurry, asserts Ramesh Menon.
Issues such as the economy's health and the government's ability to produce an environment where jobs are available are not of particular concern to us as voters, asserts Aakar Patel.
India have won the Asia Cup on seven occasions, Sri Lanka on five occasions, with Pakistan winning it twice.
British Prime Minister Boris Johnson, who landed in Ahmedabad on Thursday morning on a two-day India visit, was accorded a grand welcome at the airport in Ahmedabad. Soon after, he visited Sabarmati Ashram in the company of Gujarat Chief Minister Bhupesh Patel.
Of the existing set of potential leaders, Bakhshi was clearly the only choice as he beat out other high-level candidates that included executive directors Anup Bagchi, Vishakha Mulye, NS Kannan, and Vijay Chandok who were lacking the all-round game that Bakhshi has.
They encouraged start-ups to pay for acquiring customers rather than focusing on the business fundamentals.
'The government is not ready to talk to us. They have their own agenda.'
'The aim is also to probe how the ministry and testing agencies made negligence in examining these OEMs, so that such negligence is avoided in the future.'
'For the first time since I've been following Indian politics, one heard voters talking about India's role on the world stage and the fact that, due to Modi's leadership, India was once again a great power.'
The purchase or construction of houses by large numbers of people can add meaningfully to India's economic growth, points out Neelkanth Mishra.
Shaktikanta Das is a master of the finest balancing act who listens to all but takes his own decisions, discovers Tamal Bandyopadhyay.
India believes in sabka saath, sabka vikas, sabka vishwas, sabka prayaas and walks ahead with it, Modi said.
He said COVID-19 can be a catalyst towards the adoption of digital technologies in health and education and drive change in a way that even venture capital funds have not achieved despite pouring billions in investments.
Home quarantine, boredom and the lack of your favourite foods are just some of the smaller problems people are facing during the lockdown.
Despite rapid recovery the unemployment rate in India remains high.
India is experiencing jobless growth and skepticism abounding that the country may not be able to cash in on its demographic bonus
Edtech unicorn Vedantu has laid off 385 employees, nearly 11.6 per cent of the company workforce, according to sources. This move is being seen as part of a drive in the edtech sector towards profitability via cost-savings and consolidation, as funds dry up, they said. The Bengaluru-based firm has laid off over 1,100 employees (both full-time and contractual), so far, this year.
"Workers and businesses are facing catastrophe, in both developed and developing economies. We have to move fast, decisively, and together. The right, urgent, measures, could make the difference between survival and collapse," ILO Director-General Guy Ryder said on Tuesday. Worldwide, two billion people work in the informal sector (mostly in emerging and developing economies) and are particularly at risk, the report said, adding that the COVID-19 crisis is already affecting tens of millions of informal workers. "In India, Nigeria and Brazil, the number of workers in the informal economy affected by the lockdown and other containment measures is substantial," ILO said.
'Give cash assistance of Rs 75 per person per day and an android phone and you will see the economy reviving.'
The party supported the bill in Lok Sabha. It will be brought in Rajya Sabha on Wednesday.
The first five months of 2023 have witnessed at least six major events/trends that augur badly for global economic and socio-political prospects, points out Shankar Acharya, former chief economic adviser to the Government of India.
'Unlike on the western and eastern borders where there is an enemy at the gate, here there is an invisible enemy which is building its own capability and can come into play at a time and place of his choosing.'
'This committee underscores the Indian State's longstanding conventional approach to leverage top-down conflict management in North East India in general and Manipur in particular.' 'Trying to 'manage' violent conflicts top-down has not worked in the past, and apparently does not seem to work this time either.'
Bharatiya Janata Party leader Arun Jailtey on Tuesday defended the Vajpayee government's releasing the three most wanted terrorists in return for the safety of passengers of the Indian Airlines plane hijacked to Kandahar in 1999, saying the lives of all Indians were "more precious" than the release of the terrorists.
IIn the first of a year-end series of observations on 2020, Dominic Xavier is still shocked by the nightmare that the lockdown wrought on India.
India should be given credit for helping America recover from the economic crisis, says S Jaishankar, India's new Ambassador to the US.
Mental health issues of sports-persons is now a serious topic and recently Australia coach Justin Langer advocated the need to keep a tab on the younger lot as to how they are coping up with trying times.
When the pandemic shows no signs of abating, when millions of Indians have no jobs, when millions of Indians struggle to survive, when the economy is in crisis, Dominic Xavier wonders if India needs such distractions.
'The strategy has to be restoring order in one part and countering the very effective propaganda through a very nimble monitoring and response system,' says Lieutenant General Syed Ata Hasnain, who retired as the General Officer Commanding of the Srinagar-based 15 Corps.
With the dizzying rise in the number of Covid-19 cases in the country, India Inc has transitioned from a wait-and-watch policy to full-on emergency mode, bringing back remote and flexi work, stringent safety protocols, and allowing only essential travel. Companies - especially in metros like Delhi, Mumbai and Kolkata - that had adopted a hybrid work model during the last few months when the caseload remained low, are either switching back entirely to work-from-home (WFH), or calling skeletal staff to office on select days. Take the case of cigarettes-to-hotels major, ITC, which had been on a hybrid work model over the last few months.
'Why are FMPs used as a vehicle for promoter funding against listed shares?' asks Debashis Basu.
'When you don't have food to eat, will you be worried about the virus or the next meal?'
The answer to Chinese tactics of nibbling territory is not defence of every inch -- a military impossibility -- but instead, nibbling at Chinese territory wherever we are in a stronger position, counsels Colonel Anil A Athale (retd).
The ones who came more recently were clutching the green cards that gave them an escape hatch through which to return to green pastures: Arvind Panagariya, Raghuram Rajan, Arvind Subramanian and other perfectly honourable gentlemen like them, points out T N Ninan.
'He is still compulsively an operations man. Just a whiff of a live operation, and he is back in the field, at least in his mind. That is why the immediate decision to send the NSG to Pathankot.' 'But there is a difference between classical intelligence or counter-terror operation and dealing with a larger threat to a place as sensitive and sprawling as an air force base. This is what led to confusion and mix-ups,' says Shekhar Gupta.
The legendary PT Usha will be officially elected as the first woman president of Indian Olympic Association (IOA) during the governing body's polls on Saturday, ushering in a new era in country's sports administration.
The country is gripped in an unprecedented economic downturn which is certainly going to spill over into the second half of this year unless the infection rate can be brought under control.
Starting from his Test debut, Laxman has saved India from humiliating defeats on numerous occasions. Rajneesh Gupta features some of Laxman's match-saving performances.
