The current crisis in the Indian economy is because of the undersupply of the risk-taker.
The Indian currency had plummeted to a record 68.845 a dollar in August 2013.
In line with the distressed state of core sector firms, Tata Steel India has seen a significant fall in its operating earnings.
Even as the government takes steps to improve the ease of doing business and some investments have started to trickle in, the economy is still sometime away from big bang investments by India Inc, said Sumit Mazumdar, president CII and CMD Tractors India. Speaking with The Indian Express, Mazumdar said, “Corporate earnings would be much […]
The forecast comes just days after the IMF as well as the World Bank estimated that India would grow at 7.5 per cent in 2015-16.
Institutional capacity in finance SEZs will eventually reform the mainland.
The move, the ministry said, will help the MSME sector to attract greater investment, and incorporate better technologies while enhancing competition.
The RBI should think of finetuning its intervention to target ‘core’ CPI inflation.
Last week, the IMF said in an annual report that India’s economy is recovering.
Our kings didn’t build systems to mobilise savings or mop up revenues. We haven’t learned from history.
I am an honorary member of both. I am also the selector who will unhesitatingly axe that which is plain ugly.
Finance minister’s focus on growth and equity is incomplete. He should have acknowledged the trade-off between the need for energy and the imperative of environmental protection.
After nine months of tinkering, with this budget, the government has begun institutional change. Yet, reneging on the promised fiscal consolidation is a problem.
Mr Narendra Modi and his ministers started by believing their election rhetoric that the Indian economy was in the doldrums.
Yet again, the government is admonished for neglecting the reforms agenda.