India’s 14th Prime Minister, Manmohan Singh passed away at AIIMS, Delhi, Thursday at age 92. During his tenure, India emerged as one of the world’s fastest-growing economies.
In an 'Off The Cuff' conversation with Shekhar Gupta & Manasi Phadke, Mahesh Vyas, also the CEO of Centre for Monitoring Indian Economy, also spoke of bringing reforms in the Indian economy.
Former finance minister Chidambaram called it a ‘step forward post-liberalisation’. It’s significant because it was a Congress government that brought in liberalisation in 1991.
In a column on the occasion of 30 years of economic liberalisation, Reliance chairman Mukesh Ambani said bold economic reforms helped GDP of $266 billion in 1991 grow over ten times.
In a statement Friday, the former PM and architect of 1991 economic reforms said he was 'deeply saddened' by impact of Covid pandemic on Indians. Read his full statement here.
PM Modi's popularity remains unmatched, as does his flair for dramatic gesture. But his govt and Indian bureaucracy aren’t set up to develop a consensus behind liberalising reforms.
Each billion dollars we spend on GPUs and AI hardware is akin to planting more neurons in the simulated brain we are building. And this brain is expanding — quickly.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
PTC Industries is investing Rs 1,000 cr in 4 manufacturing plants in UP, has already started supplying titanium parts to BAE Systems for its M-777 howitzers that India also uses.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
This was made possible by my godship and lawyer’s lovely marriage. The majority of litigious societies are not necessarily utopian.