Shyam Saran argues that India is at a rare moment of history when the ruling political dispensation enjoys unprecedented political capital and is led by a charismatic and ambitious leader
BSE has recently developed a 'real time price movement' chart with correlation to market rumors
Lion's share of jobs generated in rural sector, through a slew of schemes aimed at creating self-employment and employment opportunities
UV launches, steep festival discounts bolster sales
Structural changes needed in every aspect of the economy
Launching The Rise of Finance: Causes, Consequences and Cure, she said the book would help "understand the current economic situation facing both the world and Indian economy"
Many factors have contributed to the doubts about our ability to reap the benefits under RCEP
Penalising banks for past actions is not the best way to make the financial markets work better
The slump began in August when the power requirement dropped for the first time in more than two years
Here's a selection of Business Standard Opinion pieces for the day
While there have been a rash of growth estimate cuts, including a 0.70 percentage points reduction by the RBI last month to 6.1%, the Japanese brokerage's estimate is so far the lowest
The official said the government has been sensitive to the concerns of all sectors and has been proactively taking measures to address them.
Economists say that though Moody's cut is not really justified at this point, the move is a grim reminder of the state of the economy and the need to accept that all is not well
West Bengal Chief Minister Mamata Banerjee on Friday said the Centre's move to demonetise high- value currency notes on this day in 2016 was a futile exercise which had a negative impact on the country's economy. Banerjee, on the third anniversary of note ban, asserted that she knew from the very beginning that the decision would ruin millions of lives. "Today is the third anniversary of #DeMonetisationDisaster. Within minutes of announcement, I had said that it will ruin the economy and the lives of millions. Renowned economists, common people & all experts now agree. Figures from RBI have also shown it was a futile exercise," the chief minister tweeted. "Economic disaster started on that day and look where it has reached now. Banks stressed, economy in a complete slump. All affected. From farmers to the young generation to workers to traders, housewives... everyone is affected," she added. Banerjee, during her campaign for the Lok Sabha elections, earlier this ...
Quoting IMF's latest World Economic Outlook, the finance ministry said that the Indian economy is set to grow at 6.1 per cent in 2019, picking up to 7 per cent in 2020
When relative prices do not serve the national good, then there is a case for government intervention, especially when distorted relative prices are a driver of macroeconomic slowdown
According to the survey, China tops the list with 74% of polled Chinese saying they can buy homes
The report said the golden triangle of government, private sector and academia are important players who can provide the impetus needed to grow the start-up eco system
The meeting will review the current global and domestic economic situation and financial stability issues, including those concerning banking and NBFCs, sources added.
Congress has already started its mass agitation in all districts of the country from November 5, which will continue till November 15 against 'rising unemployment, sinking economy and farm distress'.