'Pakistan has power -- they have the power of terrorism and the reluctance of the world to act against them.'
A top supercomputer expert said productivity per employee at India's celebrity companies like TCS, Infosys, Wipro and Satyam was almost a factor of ten lower than some top IT companies elsewhere in the world.
Any Indian government at this juncture would have voted and spoken exactly this way. It isn't just about the vast Indian dependence on Russian-origin military equipment. It is also about trust, asserts Shekhar Gupta.
A record number of 2,129 of Americans died in one single day, the previous highest being 2,074 on April 10. New York has become the epicentre of the country's outbreak with 2,03,020 confirmed cases and 10,842 deaths so far.
Dismissing the CSO (Central Statistical Organisation) projection of 4.4 per cent GDP growth this fiscal, Planning Commission member N K Singh said the economy will grow by six per cent this year.\n\n\n\n
Greece is not the only country that is feeling the pain of rising external debt.
Reliance Industries will by 2030 create or enable capacity to generate at least 100 gigawatts of electricity from renewable sources, which can be converted into carbon-free green hydrogen, its chairman Mukesh Ambani said Friday as he outlined a 1-1-1 vision to bring down the cost of hydrogen to under $1 per 1 kg in 1 decade. The focus on generating electricity from renewable sources of energy such as solar and wind -will help cut carbon emissions in the world's third-largest greenhouse gas emitter. The same electricity, when converted into green hydrogen, can replace petrol and diesel in automobiles and other fuels in the industry, helping cut down on the use of fossil fuels, carbon emissions and reduce import dependence.
Exemptions, and the fact that farm income is outside the tax net, ensure that India's tax-GDP ratio stays low.
We will improve the ease with which business is done in India.
The tiny Central American nation of El Salvador has embarked on an interesting experiment by recognising bitcoin as legal tender. This is proving painful for many of its citizens but it's a useful "pilot" project for larger economies that are contemplating the peculiarities of this new asset class. El Salvador has a population of 6.5 million and GDP of about $27 billion.
Here's why India's tax collection has not been able to keep pace with the rise in GDP.
Here's why India's tax collection has not been able to keep pace with the rise in GDP.
The J&K report card above that shows important metrics for the state.
The donation by Tata Sons and Trusts is the biggest sum committed by a corporate and its philanthropic arm since the outbreak of Covid-19. Others, including Reliance Foundation, Mahindra Group, Bajaj Group, and ITC, are lending support too in the battle against the pandemic.
S&P in November ruled out an upgrade in the country's rating for some considerable period, citing India's low per capita GDP and relatively high fiscal deficit.
BSE-listed companies' market capitalisation reached Rs 197.7 trillion on January 21, against India's nominal GDP of Rs 190 trillion during 12 months ended December 2020.
The country ranks 41st in number of tourists received but 1st in per-capita spend by them.
Punjab faces many mortal threats. For most of these the people of Punjab are themselves responsible. And unless they take a brutal hard look within, their future generations have to be resigned to continue living with this constant slide, warns Shekhar Gupta.
In a letter to Speaker of the US House of Representatives Nancy Pelosi, Trump said he was determined that New Delhi had "not assured" the US that it would "provide equitable and reasonable access" to the markets of India.
The spending on a typical RT-PCR test would take up 23 per cent of the monthly income of an average Indian, compared to 2 per cent in China. This is one of the deepest cuts in the pocket of an individual, in comparison to 14 other countries, reports Abhishek Waghmare.
Policymakers need to work towards raising the median household income rather than per capita income.
A report card titled '10 Years of Progress and Growth' highlighting achievements of the government led by Prime Minister Manmohan Singh on Friday said 'average GDP growth rate during the period of UPA government (2004-05 to 2013-14) has been 7.7 per cent despite two global slowdown in this period'.
ITC has extensively reset its strategy and will explore opportunities to craft disruptive business models to set up structural drivers helmed by digital and sustainability for its next horizon of growth and make the company future-ready, chairman Sanjiv Puri said on Wednesday. The company is pursuing an accelerated journey to build a dynamic utureTech' enterprise by investing in cutting-edge digital technologies to shape a new paradigm of competitiveness, create innovative business models and tap newer opportunities, he said while addressing shareholders at ITC's virtual annual general meeting. As part of the next horizon vision, the company is "proactively exploring inorganic opportunities" even as it has shrunk "business segments that were incongruent to our growth aspirations, such as the Lifestyle Retailing Business" while the existing growth platforms comprising megabrands will be scaled up and fortified.
India loses due to population despite being the 10th largest economy.
Let's have a look at 20 slowest-growing cities in the world.
The global ratings agency keeps India's sovereign rating unchanged at 'BBB-' with stable outlook
The national poverty rate is 14.7 percent.
According to VNI, Internet traffic in India is projected to jump by over five fold between 2013 to 2018.
The study, published in the journal Science on Wednesday, assessed the disease transmission patterns in 5,75,071 individuals exposed to 84,965 confirmed cases of COVID-19 in the two states based on data collected by tens of thousands of contact tracers.
Representing India at the 'High-Level Segment for Heads of States and Government' at the UN COP26 underway at Glasgow, UK, Prime Minister Modi said that India is working very hard on tackling climate change related issues.
Xi's visit to Nyingchi, bordering Arunachal Pradesh, signals China's opening of another front to India in the eastern sector, observes Srikanth Kondapalli, the leading China expert.
Sikkim Chief Minister Pawan Kumar Chamling has promised to make every Sikkimese a 'crorepati' if he or she votes for his Sikkim Democratic Front in the April 12 Lok Sabha election, inviting criticism from his opponents.
Analysts expect firms to shift focus to online platforms to boost sales in these Covid-19-impacted times.
Plans to enter the Southeast Asian market through acquisition.
There is a vocal constituency of educated, well-to-do, articulate Indian elites who would rather go with the idea that too much democracy is a liability. That India needs a spell of benevolent dictatorship. Of course, they have never lived under one, points out Shekhar Gupta.
It is hard to escape the feeling that solving the problems of 2020 and 2021 will require something special which at the moment is not on view, observes Aakar Patel.
Energy consumption in Saudi Arabia is witnessing an unprecedented growth, prompting a wave of investments expected to reach $133 billion (502.5 billion Saudi riyals) for various power generation and water projects in the next decade, organisers of an industry event said.
Food insecurity and hunger are rooted in bad policies, faulty design, poor governance and a lack of political will.
According to experts, work from home, volatility in stock markets worldwide, and redemption pressures compelled investors to defer new investment plans.
With its rising energy needs, India has emerged as the fourth largest energy consumer of the world after the US, China and Russia.
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