American media has taken a critical view of his accomplishments, saying his flagship 'Make in India' drive is "so far mostly hype."
The two countries have decided to expedite trade related issues and signed six pacts to take forward their strategic partnership. Rediff.com's Sheela Bhatt, who is travelling with the prime minister on his visit to Indonesia, reports from Jakarta.
India's fiscal deficit trends are a bit like an alcoholic trying, unsuccessfully, to reform. Virtue does not last for too long, says Shankar Acharya.
Analysts expect global markets to remain in consolidation mode with a negative bias over the next six months.
Increase in tax exemption limit by Rs 50000 is positive for the FMCG sector, as it will leave more discretionary income in the hands of consumers.
Chef and author Rakhee Vaswani talks about her passion for cooking, her daily struggles as a mompreneur and how she's spreading smiles through her recipes.
Australian model Ilana Davies gets candid with Rediff.com's Tista Sengupta.
Sales expansion also down 4.4%
Investors cheered a sharp decline in the Current Account Deficit, which stands at a 4 year low as exports picked up and gold imports reduced.
The RBI cited lower-than-expected inflation, weak crude prices and weak demand, as well as the government's commitment to sticking to a fiscal deficit target as reasons.
Sensex falls at close; metals, banks perform well.
Remembering Verghese Kurien, a visionary who singlehandedly built world's biggest agricultural development programme.
Japan's economy unexpectedly slipped into recession in the third quarter, setting the stage for Prime Minister Shinzo Abe to delay an unpopular sales tax hike and call a snap election half-way through his term.
Its time the RBI, govt pushes reforms to boost global investment
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.
The 30-share Sensex closed at 27,112 up by 481 points whereas the Nifty ended higher by 139 points at 8,115.
'Government of India has the right to give directions to RBI'.
For 2014-15, the bill on this account is likely to be 12.8% more than in 2013-14.
'India easily remains one among the more attractive large economies, with high growth and stable/improving macros, as a top investment destination.' 'We are looking pretty good.'
We still have time for this government to take action.
Demonetisation hit informal sector hard and caused job losses which was not addressed by the budget, Moily said.
The blockchain, the public ledger that tracks every bitcoin transaction, is changing commerce as we know it, says Devangshu Datta.
India and Japan have a shared interest in countervailing China's hegemonic ambitions in Asia. Although neither has an interest in forming an overt anti-China alliance, Tokyo and New Delhi feel increasingly obligated to work together to find ways to guard against a muscular Beijing's power sliding into arrogance, says Brahma Chellaney.
The Street is never short of hope and events to look forward to
In the near term, two key factors are the outcome of the monsoon season in respect to cropping yields; and the correction in the crude oil price.
There were concerns in Sri Lanka about the huge trade imbalance.
Sensex rises, Nifty holds 8,900; FMCG, Pharma shares lead.
With projects worth Rs 1,28,000-cr, the group hopes to become one of the country's biggest industrial houses.
Instead of a consumption stimulus the government must address the NPA issue with a war footing and invest in infrastructure, affordable housing and exports, says Sanjeev Nayyar.
Modi govt must implement few policy measures which it announced in Budget 2015.
India Inc is encouraged by a determined Budget.
"The poor will not suffer disproportionately due to bouts of sharp inflation, and the middle class will not see its savings eroded," Raghuram Rajan said.
In a recent lecture, RBI governor Raghuram Rajan dished out some frank advice -- don't get into 'jugaad', instead try for the long haul. Only that will sustain in the long-run.
The 30-share BSE Sensex closed down 162 points at 28,338 and the 50-share Nifty was down 67 points at 8,463.
Unlike Al Qaeda, ISIS recruiters are proactive and internet savvy. They know there is angst among Muslims about their helplessness even in a vibrant democracy like India, leave alone other parts of the world where Muslims live. So ISIS feeds them a regular diet of the golden age of the Ummah, creating for these youngsters a live yet make-believe world which is completely disconnected from the reality around them, says Syed Firdaus Ashraf.
During his lifetime and after, Ambani aroused extreme responses in others.
The Budget sets out a comprehensive vision.
Valuation-wise, the markets look more attractive now
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