The central bank's Department of Economic and Policy Research has flagged considerable volatility in initial estimates of GDP and questioned the veracity of official data.
India’s multiple...
The development is a setback to PM Modi’s $250-billion military modernisation plan to arm India's defense forces with state-of-the-art military hardware at a time when threats from neighbours China and Pakistan are rising.
It is highly likely that investors have realised the U.S. market has become very expensive. And, the cash yield offered by S&P 500 companies can no longer keep pace with rising interest rates.
India is struggling to keep international investors interested. An uncharacteristically bold concession from the central bank shows the extent of desperation.
The 10-year U.S. bond yield...
For the first time, the government's labour survey will include the country's vast informal sector, but not everyone is convinced it'll signal creation of new jobs.
The rupee is Asia’s worst performing currency this year, and it will be further affected by higher global crude oil prices. The central bank may need to act early to maintain macro-economic stability.
The incredibly rare snow leopards of Ladakh are thankfully off the endangered species list since last year. The increase in their numbers is drawing...
Even though China has pledged the largest sum to Pakistan for CPEC, Malaysia has quietly raced ahead of the pack in securing Chinese money for infrastructure projects.
The IndiGo crisis is nothing short of a threat to India’s stability. Could it be an experiment? Can this happen in any other crucial sector like power or railways?
RBI Handbook of Statistics shows state’s GSDP has more than doubled in past decade, finishing second behind Maharashtra. It has performed well across health & education parameters as well.
It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
COMMENTS