IT sector provides direct employment to 2.5 million people and has created eight million indirect jobs.
Year-to-date, the rupee is the worst-performing currency in Asia, weakening 4.184 per cent against the US dollar.
Despite rapid recovery the unemployment rate in India remains high.
Though he called his autobiographical novel Insider, P V Narasimha Rao was forever the Outsider. In death even more than in life, writes Sunanda K Datta-Ray
India is expected to be the world's fastest growing economy by 2018.
Prime Minister Manmohan Singh tops Newsweek magazine's list of 10 world leaders who have won respect across the globe. He is described as 'the leader other leaders love'.
When Prime Minister Manmohan Singh hoists the national flag from the ramparts of Red Fort on Independence Day on Sunday, it will be seven in a row for him, with only Jawahar Lal Nehru and Indira Gandhi ahead of the economist-turned-politician.
Central banks should be free to decide on monetary and credit policy.
Calling RBI Governor Raghuram Rajan's exit a 'bad omen' for the Indian economy, eminent economists and former policymakers on Sunday said it will be seen by the world as India's non-approval to a policy against inflation and bad loans.
these are all funded by venture capitalists and "after 2-3 rounds of funding, 80 per cent shares are gone" and then are sold to some corporate houses
Economists on Friday asked Finance Minister Pranab Mukherjee to continue with the fiscal stimulus until firm economic recovery amid intense speculations about a possible withdrawal of measures taken to spur the economy.
India has assured global investors of a stable policy regime, stating no government initiative has ever been reversed or questioned in the past two decades.
While RBI's foreign exchange reserves have swelled to over $400 billion, it has a 'sell' position of $981 billion.
'India is the largest stomping ground in the world for impact investing as we have an extraordinary combination of entrepreneurial drive with huge, absolute demand for all kinds of social services,' IDFC First Bank's chief Rajiv Lall tells Anjuli Bhargava.
French economist Jean Tirole won the 2014 economics Nobel Prize for his analysis of market power and regulation, the RoyalSwedishAcademy of Sciences said on Monday.
India is not a full democracy but a flawed one, according to the Economist Intelligence Unit's 2008 Democracy index. The conclusion is drawn on the basis of the country's performance on 60 indicators which measure electoral process and pluralism, civil liberties, the functioning of government, political participation and political culture.The Democracy index ranks India 35th out of 167 countries, among other nations considered 'flawed democracies'.
Executives in India and China are the most optimistic about sustainability of economic recovery, with six out of ten people reposing their faith on the turnaround in the economy, says a survey.
Just a decade ago, a kind of muscular nationalism was the leitmotif for talent management within Indian corporations. Any suggestion of bringing in foreign talent had managers bristling with indignation.
Several factors force women out of the workforce. But mainly it's lack of good childcare facilities.
Gambhir also took a dig at Qureshi's emphasis on a "new Pakistan" under Khan, saying while the Indian delegation had come to listen to Pakistan's "new" foreign minister outline the vision of a new Pakistan, "what we heard is a 'New Pakistan' cast in the mold of old."
Australia and Canada are home to the world's top ten most liveable cities.
The economists, polled by industry body Federation of Indian Chambers of Commerce and Industry, said the RBI may raise the cash reserve ratio, which is a portion of deposits that banks keep in cash with the central bank, by 50 basis points to 5.5 per cent, although this would have no impact on containing inflation.
China itself is now a point of concern for aluminium producers globally, including India.
We call it Nano, they don't have to, says vice-chairman Ravi Kant
India ranks 44th in the world in the IT industry competitiveness index 2008, moving 4 notches up from its 2008 ranking of 48 in the index.
The world's second-fastest growing economy may also see negative inflation for the next 3-6 months triggering expectation of rate cuts by banks, the research arm of London-based Economist added.
India needs to work on economic parameters to outpace China.
Describing himself as "aam aadmi", Prime Minister Manmohan Singh says he has reached the top post because of his education which plays an important role in moulding one's life. "I am an aam aadmi (common man). If I can become the Prime Minister, then so can you.
The Economist Intelligence Unit survey, commissioned by Dubai Holding, found that almost 60 per cent respondents believe that capitalism is entering a new era of lower risk tolerance, higher regulation and slower growth.
The LTTE certainly did not expect to fade into oblivion, their leader Velupillai Prabhakaran a fugitive. A couple of years ago, the Tigers were rampant, scoring victories on land and sea, and terrorising Colombo with their makeshift air force. What turned things around? Probably much covert aid from governments, including India's, wary of the Tigers' propensity for redrawing boundaries by force
Although more economic research has been done in the past 25 years than ever before, the economists whose names are most frequently referenced today, such as Hyman Minsky and John Maynard Keynes, are from earlier generations.
The 30-share Sensex ended down 224 points at 28,442 and the 50-share Nifty ended down 101 points at 8,606.
Average policy rate over the next three years should be around 7.4%
'The civil war in Islam has just got worse and the existential crisis facing it more threatening.'
Senior bureaucrats say the government has planned a 'feel-good' Budget after the 'pain' of demonetisation.
'We have 100,000 students going abroad every year.' 'So, we have room for at least 100 universities of very high quality to service those 100,000 students.'
He noted that it would take a long time for turn around the current situation in India
Indian economy is expected to grow between 7 and 7.4 per cent in the three months up to September 2008, as against 9.3 per cent in the year-ago quarter, five top economists of the country told Business Standard. The government is slated to release the quarterly numbers on Friday.
In IT, the two-way flow of investments and intellect has been central to the growing linkage, which provides a great opportunity for both nations to improve the quality of life of their citizens, says Raman Roy.
The world needs more regulation today, not a return to autarky
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