Page 87 - Economy & Policy Analysis
'71% Indians expect first year of Modi govt to boost economy'
64% Indians expect their personal happiness will improve over the next five years, posing a concrete benchmark against which to measure the future success of Modi govt
 "'71% Indians expect first year of Modi govt to boost economy'")
Reserve Bank expected to hold on to rates
Govt set to cut spending as fiscal deficit hits 90% of estimate in first seven months of the year
 "Reserve Bank expected to hold on to rates")
Raghuram Rajan: Large wilful promoter defaults robs taxpayers
Full text of RBI Governor Raghuram Rajan's speech at the Third Dr. Verghese Kurien Memorial Lecture at IRMA, Anand on November 25, 2014
 "Raghuram Rajan: Large wilful promoter defaults robs taxpayers")
Sonar contract provides major boost to navy
Without advanced towed array sonar systems, all warships the navy has built and bought since the 1990s would be sitting ducks in war
 "Sonar contract provides major boost to navy")
 "StatsGuru: Taking stock of telecom before the next round of auctions")
Six months of Modi government: Key decisions
A look at the key decisions of the Modi govt
 "Six months of Modi government: Key decisions")
Six months of Modi government: Strengths
A look at the areas where the Modi govt is doing well
 "Six months of Modi government: Strengths")
Six months of Modi government: Weaknesses
A look at the areas where the Modi government is not faring so well
 "Six months of Modi government: Weaknesses")
Six months of Modi government: Six big ideas
Jan Dhan Yojana, Swachh Bharat, Make in India among initiatives launched by the govt
 "Six months of Modi government: Six big ideas")
A day in the life of Modi: News to bed and news to rise
A quick scan of the newspapers, and a glance at news clippings starts Prime Minister Narendra Modi's day; he surfs news channels while having dinner
 "A day in the life of Modi: News to bed and news to rise")
Sept macro data suggest achche din still afar
External debt continues to rise and 75% of fiscal deficit target has already been breached
![Sept macro data suggest ,[object Object], still afar](https://bsmediappd.business-standard.com/_media/bs/img/article/2014-10/04/full/1412365355-3484.jpg?im=FeatureCrop,size=(328,185) "Sept macro data suggest ,[object Object], still afar")
Volatile capital goods drives factory output, cheaper veggies drag down CPI
Reserve Bank unlikely to act till there is proof that prices will sustain at lower levels
 "Volatile capital goods drives factory output, cheaper veggies drag down CPI")
Is the failure of Abenomics a reflection on Modinomics?
General consensus among economists is that Abenomics has failed to deliver
 "Is the failure of Abenomics a reflection on Modinomics?")
RBI Governor Raghuram Rajan's interest rate dilemma
It would be beneficial for the economy to hold on to high interest rates till inflation numbers are under control.
 "RBI Governor Raghuram Rajan's interest rate dilemma")
Have crude oil prices found a bottom?
Last Friday, the price of Brent crude, seen as a benchmark for what India uses, saw a low of $75.3 a barrel - it is now trading around $79
 "Have crude oil prices found a bottom?")
 "StatsGuru: Economic indicators are positive but confidence is missing")
October gold import bill likely at $4 billion as wedding season kicks in
At an estimated 120 tonnes, industry experts say imports are not too high, as seen by premiums that are still around $22 per ounce
 "October gold import bill likely at $4 billion as wedding season kicks in")
India 'only major economy' to see improved momentum, says OECD
Most of the other major economies are expected to witness stable growth momentum, says the think-tank
 "India 'only major economy' to see improved momentum, says OECD")
US-China climate deal lowers expectations of strong global climate deal in 2015
Eases pressure on India to take difficult emission reduction targets
 "US-China climate deal lowers expectations of strong global climate deal in 2015")