As the Congress party prepares to launch protests against the economic slowdown, Chhattisgarh Chief Minister Bhupesh Baghel tells Archis Mohan that his state has escaped its effects as his government has pursued policies that have put money in the pockets of workers, farmers, housewives and tribals, which has helped spur demand.
Finance Minister Nirmala Sitharaman on Monday presented the Budget for 2021-22 in the Lok Sabha that is expected to provide relief to the pandemic-hit common man as well as focus more on driving economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours, As India emerges from the COVID-19 crisis, the ninth Budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
A more effective promotion of domestic manufacturing and mining could significantly reduce the trade deficit in key sectors, says T N Ninan.
'The impact of a devaluation will be modest on India's exports'.
The broader markets underperformed benchmark indices as the BSE Mid-cap and Small-cap tumbled over 2%.
'India's future: To manufacture so efficiently that we do not need protection,' says Naushad Forbes.
In this lockdown, no matter how many similarities the memory dredges up from past events and associations, there is one thing that has no precedent: The isolation that it has imposed on people, reports Arundhuti Dasgupta.
From January-March this year, 64,000 jobs were created in eight crucial sectors of the economy.
People are interested in the strength of India's economy, the country's stability, and the opportunities, says Stuart Tait, regional head of commercial banking, Asia-Pacific at HSBC.
'When a new superhero film releases, China creates figurines based on the film and puts them out in the market along with the film's release.' 'Does our domestic manufacturing sector been able to do it so quickly? No.' 'We have a large millennial population and we have to make products that are more in line with the tastes of those people.' 'The MSME sector can win back its customers only this way.' 'When they change with the consumers's needs, there will be a move towards Indian products.'
Apart from Smriti, Ravi Shankar Prasad and Ananth Kumar took over as law and parliamentary affairs ministers respectively.
Calculated guesses, taking a position on what the future could hold
As Melania Trump arrives in Ahmedabad, Sheela Bhatt offers the First Lady Of The United States a primer on one of India's oldest, and historic, cities.
Migrant workers are leaving Gujarat, PM Modi's home state, as they have no work.
'I expect normalcy to return in one or two days,' says Tuticorin's new Collector Sandeep Nandur.
Cottage industries across India have suffered heavily because of the note ban. In the second of a six-part series, Sanjay Jog travels to Bhiwandi to examine how the power loom industry here is coping five weeks on.
If purists are surprised as to why and how people are not demanding prohibition or not talking about past promises, both in the election manifestos five years back and even those made to the courts, the answer lies in how the state has been evolving and changing these past few years, says N Sathiya Moorthy.
While the Budget might have been a sentiment booster for the sector, firms with market dominance emerge as favourites.
Infrastructure stocks are once again gaining traction.
A report by parliamentary standing committee on commerce noted that Indian industry was getting decimated by China dumping its cheap products in India.
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India's exports grew for the third consecutive month by 11.15 per cent to $27.68 billion in September.
The rally in most of these stocks is partly attributed to impressive financial performance.
'Stumbling blocks teach a lot and should be taken as stepping stones.'
Shashwat Goenka of the RP-Sanjiv Goenka group plans a high-decibel campaign around its young apparel brand 2Bme.
'China need not worry about a truly 'resurgent India'.' 'It's not going to happen.'
The trio, 'twin shocks' of demonetisation and GST, 'twin balance sheet' problem that has been weakening India's banking system and the 'twin deficit' problem will continue to challenge economic management and performance in the year ahead, says Shankar Acharya.
Singaporean brokerage DBS said in a report that it expects exports to pick up once the GST-driven distortions subsided, but it warned that the traditional product mix will hinder its ability to participate in the ongoing trade upturn.
The National SC/ST Hub, under the micro, small and medium enterprises ministry, with an initial outlay of Rs 490 crore, will work towards strengthening market access/linkage, monitoring, capacity building, leveraging financial support schemes and sharing industry-best practices.
With EU, it is part of the FTA that we will need to negotiate.
Two young dhaakad designers tell us why they want to dress up the First Lady of Bollywood.
'In the Asean market, the train left at the same time for India and China, but while India's ride has been symbolic of India's rickety railways, it seems that China's has been on a bullet train,' note Renjini V R, Manmeet Ajmani and Devesh Roy.
Creation of 115 million non-farm jobs over next decade critical to sustaining growth, says McKinsey
FMCG, durables, pharma firms say they remain unclear about transition gains and losses
During his lifetime and after, Ambani aroused extreme responses in others.
As the world awaits the end of the global pandemic, rural Bengal might be witnessing a recession unfolding in bits and pieces. With factories and tea gardens closing down, agricultural income falling and storm Aila ravaging a large part of deltaic West Bengal in 2010, migration gradually became a norm.
KVIC is keen to build an international footprint and is hopeful about signing up B2B agreements with at least 40 countries, to which end it has even registered a GI (geographical indicator) tag in the UK, Germany and Russia.
'The trading community will be a priority for Modi when he forms the next government.'
Raymond claims to be spending more than 10 per cent of its ad budget on its biggest campaign, called The Summer of Wool.
