International Monetary Fund on Friday warned the Centre of high fiscal deficit that could come in the way of sustaining high growth in the economy, which clocked 8.4 per cent rise in the second quarter of 2003-04.
Despite the rally, on the basis of valuations, Indian markets aren't too expensive, says Christopher Wood, managing director and equity strategist at CLSA.
We are in a constant state of expectation overload. In the case of Mumbai's miseries, expectations appear so high that the outcome is laughable
A further reduction in termination rates would seriously impact mobile operators' plans to expand in rural areas, say Rajat Kathuria and Mahesh Uppal.
The ILO's finding that wage-earners haven't benefitted much from globalisation appears unduly pessimistic.
While 'the 'Clinton years' were great for Americans, the so-called 'Dot Com' bubble in the stock market burst long before Bush assumed office, and thus should not unfairly be weighed against him. Many of the bad decisions to strip away regulation from Wall Street and to encourage risky lending practices -- the best example being the millions of so-called sub-prime mortgages -- were made before Bush arrived, says Matthew Schneeberger
'What gives hope is that Modi's own leadership is vitally linked to his capacity to deliver on the economic front. Indeed, if he succeeds, India's foreign policies will have changed beyond recognition,' feels Ambassador M K Bhadrakumar.
'Disparity is not only in Mumbai; you see it in every city. The other day, I saw right next to the mansion of Mukesh Ambani worth Rs 5,000 crore for one family, thousands of people sleeping on the pavement. This is the urban India you have created!'
'The fault is not in our freedom but how we are milking the magnificent opportunity it has afforded. Should we not ponder and correct the course?'
Legal and judicial measures for deterring corruption are only a part of the solution. The long-term solution lies in the realm of education at all levels.
Policymakers should correct the self-created imbalances caused by the hesitant and lopsided integration with the rest of the world.
'India does not possess the political leadership with the moral fibre or the necessary willpower among its key battling constituents to create a national reconciliation.'
It was always foolhardy to expect the US and the EU to want to genuinely open up at a time their economies are in deep trouble.
Warning that constraints to higher growth were from within and not external, Prime Minister Manmohan Singh on Monday said the government was determined to reverse them to sustain over seven per cent growth in the country's economy.
'After the 2002 riots when the media and other political parties started blaming Modiji, thousands of people like us -- now, it must be crores of us -- started becoming staunch supporters of Modiji. The more you blamed him the more of our support he gained.' Pramod Singh of Bilaspur in Chhattisgarh is one of Narendra Modi's biggest fans and a member of Modi's India272 Web initiative, spreading the leader's message on social media and the Internet.
China, now has perhaps the lowest labour share of any major country in the world.
The AAP has adopted policies in an ad hoc manner, without thinking them through or deriving them from a broader framework. This must change if the AAP is to become a credible alternative, says Praful Bidwai.
Outlining seven principles of engagement for closer cooperation between India and China, Prime Minister Manmohan Singh on Thursday said the two countries should show sensitivity to each other's interests and sovereignty and move quickly to resolve the boundary issue.
Sam Pitroda, chairman of India's Knowledge Commission, has predicted that the "digital silk road of the 21st century is definitely going to be all about information highways of tomorrow."
More companies on the subcontinent are looking for Western executives to provide international experience. There's no shortage of applicants.
More intensive use of the existing faculty and infrastructure is only a temporary remedy.
To know how psychologist Howard Gardner defines the cognitive abilities that will command a premium in future, read on. . .
Prime Minister Manmohan Singh on Friday disagreed with those in the Congress who were dismissive of the challenge posed by Narendra Modi but asserted that the party would approach the 2014 Lok Sabha polls with self-confidence, irrespective of the results of the just concluded elections in five states.
The Goods and Services Tax will make India a competitor in Chinese-style manufacturing and employment.
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The disparity between the outlook of the rich and poor was greater in India than in any other emerging economy. Indians might want to be worried about this because this suggests that the rich are really out of touch with the poor, Bruce Stoke, Director of Pew Research Center, tells Faisal Kidwai in an interview.
If you take a 25-year perspective, the present Mumbai will be 2030's Borivali.
The India that needs strategic alliances, defence cooperation and engaging meaningfully with neighbouring countries is quietly moving ahead with confidence, says Tarun Vijay
Following is the full text of Prime Minister Manmohan Singh's speech at the Central Party School in Beijing on Thursday:
In the short to medium term India's scarce resources would be better served by focusing on reducing the disparity with China in space. Developing ASAT capability is something that can wait, write Bharath Gopalaswamy and Harsh V Pant.
Investors must explore alternate avenues like mutual funds and pension plans for building a retirement corpus.
The Congress could have regained some lost ground had it returned to welfare and a pro-poor platform. Instead, it has moved in the opposite direction. Rahul Gandhi's upper middle class-based political mobilisation strategy is likely to fail badly, says Praful Bidwai.
The process of globalisation has been relentless historically, and though it may face occasional retreats, it is unlikely that it would ever face extinction.
Companies big and small feel the profit pinch when dealing with the retail behemoth.
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