Seeks removal of customs duty on soda ash, retain excise duty at current levels and stricter enforcement of ban on use of old bottles in select sectors like pharma, etc.
India can emerge as the worlds second largest economy in the year 2039, bigger than the US, if its GDP continues to grow at the rate of eight-nine per cent, says a senior economist.
KVA is a measure of demand load while KWH is a measure of usage. India's per-capita consumption is 750 KWH or 750 units, while the world average is 1,000 KWH per annum. A 40W tube can consume one KWH power in 250 hours. Power for illuminating the bridge would be supplied by Brihanmumbai Electric Supply and Transport and Reliance Power.
'Expenditure on gold jewellery in Kerala is the highest in the country.' 'But the robust demand has been affected by the floods.'
'The revival of household savings and investment is the litmus test of whether we are on the road to recovery,' says Nitin Desai.
"We will continue to grow in emerging markets and focus even more in winning consumers in India and China," Robert McDonald, who takes over as P&G's new President and CEO from July 1, said. "If, over time, we increase the per capita consumption in both India and China to the level we see currently in markets like Mexico it would generate an incremental $40 billion in annual sales," he said.
Global FMCG major Procter & Gamble is bullish on winning consumers in emerging markets of India and China as it eyes increased sales in the two strong economies, its new chief said on Thursday.
The 5G road map pursued by India should not only move the country forward but also result in progress of weaker sections of society.
An interplay of Modi government's outreach in Bihar and the sequence of events in Chirag Paswan's life could make Bihar a game of musical chairs when the results are out.
Nobel Laureate Wangari Mathai was on Monday awarded the Indira Gandhi Prize for Peace, Disarmament and Development at a function at Rashtrapati Bhavan where a call was made to the developed world to join hands in adopting eco-friendly practices and tackle climate change and greenhouse gas emissions.
On Monday, as many 1,334 died in the US because of coronavirus and 24,895 new cases were reported. The number was far less than the fatalities hovering around 2,000 for the past several days and over 30,000 new cases being reported daily.
Experts at the seminar ruled out the possibility of coconut causing increased risk of heart ailments.
The Coummunist Party of Nepal - Maoist unveiled its election manifesto for the April 10 polls on Friday. They promised to abrogate the 'unequal' 1950 Indo-Nepal peace treaty, divide the country into 11 regions based on ethnicity and raise the per capita income ten-fold.The manifesto unveiled by Maoist chairman Prachanda in Kathmandu, ahead of the Constituent Assembly elections, describe India as an expansionist force.
The reduction of tension on the Chinese border may have reduced the urgency of a Biden-Modi meeting, but the sooner Modi starts a bromance with Biden the better as he had done with Obama and Trump, suggests Ambassador T P Sreenivasan.
India's GDP is estimated to contract by a record 7.7 per cent during 2020-21 as the COVID-19 pandemic severely hit the key manufacturing and services segments, as per government projections released on Thursday. Amid overall decline in economic activities, some respite was provided by the agriculture sector and utility services like power and gas supply, which have been projected to post positive growth during the current fiscal ending March 2021.
India's GDP at $4-trn by 2025 may provide a springboard to discretionary spend.
Overall, small savings have amassed Rs 1.17 trillion from April-September - 26 per cent more than the previous year. But in those six months, the economy lost 24 per cent in the first three months, and is slated to lose 10 per cent in the second quarter.
Indian businessmen would succeed in the European market due to the region's high per capita income and purchasing capacity, Bavarian Minister for Economic Affairs, Infrastructure, Transport and Technology, Erwin Huber said on Thursday. \n
A proposed plan for a tri-nation alliance between India, Vietnam and Brazil - top three cashew producers of the world - to increase the global output from 1.7 million tonne to 3 million tonne will definitely make waves in the industry.
India and China need to chart a different path to develop low carbon economies to combat global warming, Chairman of the UN Intergovernmental Panel on Climate Change, Rajendra Pachauri said. In both India and China, there is now a serious debate. "In India I can see it for sure because the prime minister is quite concerned about this issue. He set up the advisory council on climate change," he said.
While India's human development index has improved, absolute performance levels aren't satisfactory, says T N Ninan.
Tata Steel has ventured into pilot projects that promote use of steel in furniture and house doors.
India and the US had on July 17 signed a preliminary agreement for cooperating on emergency crude oil reserves, including the possibility of India storing oil in the US emergency stockpile.
According to an NSSO survey, Indians in rural areas spend less than Rs 21 per day, while in urban area an Indian spends about Rs 39 per day.
Rupee volatility could be dampened if it is steadily manoeuvered to levels consistent with inflation differentials, say Jaimini Bhagwati and Abheek Barua
Wine is the only beverage that continues to change after bottling, and which after 20 or even 50 years can surprise, amaze and delight, says Alok Chandra.
"It can now be safely accepted that high-income families with increased access to techniques of sex determination are the ones which are going in for selective abortions rather than the low-income group areas," according to a senior health ministry official. To counter this, the government was working on a strategy to crack down on mushrooming ultrasound clinics in these areas.
India must weave a quick-fix formula to ensure growth.
Congress leader Shatrughan Sinha said the "writing on the wall is clear" that the 'Mahagathbandhan' will be 'maha vijayi' (grandly victorious) as everyone can see the attraction and euphoria for the grand opposition alliance.
With spurt in overseas borrowings by corporates and rupee appreciation against major currencies, India's external debt has gone up by $ 31.8 bn in the first nine months of the fiscal to $ 201.4 bn (about Rs 7,94,017 crore). The external debt stood at $ 169.7 bn at end-March 2007 and increased by $ 10.3 bn in the third quarter this fiscal. The share of government debt in total external debt stood at 26.3 per cent or $ 53 bn, while private debt was 73.7 per cent or $ 148.5 bn.
India is second fastest growing economy in the world with 7.1 per cent GDP expansion in 2008-09, Pranab Mukherjee said.
"The report says that per capita consumption expenditure of 18.7 per cent of the rural population and 4.7 per cent of the urban population in the country is less than Rupees 12 per day. It implies that 16.3 crore people in the country spend less than Rs 12 per month representing 14.7 of the total population," Minister for Rural Development Reghuvansh Prasad informed the Lok Sabha on Monday.
According to a survey, the urban-rural expenditure gap has widened in 2005-06, with Chhattisgarh recording the lowest consumption expenditure in rural areas.
'This is not without risk because extraordinary steps taken in exceptional times have the habit of becoming habits until the next crisis intervenes,' warns T N Ninan.
The Indian government has demanded that the year be changed to a more recent period, taking into consideration the rise in food prices and rate of inflation.
Global warming may sound like vague jargon from scientists making reports for the Inter-governmental Panel on Climate Change. Does it matters if the green house gas emissions by the world cross the limits of 550 part per million by 2050? Or if average per capita carbon emissions go beyond the 2.5 tonne mark?
Construction companies will make money building detention centres. Information technology companies will make money on the enumeration of the CAA, NRC and NPR, notes Devangshu Datta.
'India resembles not just the more turbulent bits of its own past, but other 'managed' democracies, where all institutional strength and independence have been hollowed out to serve political power,' notes Mihir S Sharma.
India spends only 20.7 per cent of its total health expenditure on public health services, far less than Bangladesh, China and Pakistan, which contribute 25 per cent, 34.9 per cent and 45 per cent respectively, a study revealed.
The failure of the farmers ensures that most Indians are poor. And that directly increases the importance of the government, the politicians and the bureaucrats.
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