The advance estimate of GDP growth for 2009-10—7.2%—released by CSO is a bit lower than the 7.5% increase projected in the third quarter review of the RBI monetary...
At 7.2%, the advanced estimate of real GDP growth in 2009-10 looks respectable. The last quarterly estimates are still for Q2. With 6.1% in Q1 and an unexpected 7.9% in Q2, 7.5% for....
The Greek economy is on its beam ends. The current crisis started, or more appropriately, the economic woes of Greece got attention when Dubai said in November that it was going...
The Keynesian school of economics dominated the debate during the period of crisis but Keynesian spending can be dangerous since it produces imbalanced budgets.
The impact of exceptions from tariff-cutting formulae in the Doha negotiations has been a major source of uncertainty and conflict. Some widely used rules of thumb for their selection...
India still has a long way to go in order to scale new heights on the industry front. Though India has vast economic potential, it has not fared really well in productivity.
The prospects for reformist legislation being passed in Parliament in the Budget session look bleak. Some officials believe that the UPA will do nothing to upset trade unions and...
Almost two decades since the Cold War got relegated to history, the spectre of a sharp rift between the two largest world powers is reviving notions of a split world afresh.
For a while, during the meetings of the G-20 in the peak of the crisis, it seemed that there would be genuine international coordination to reduce systemic risk in the world economy.
The conclusion of the India-Japan Comprehensive Economic Partnership Agreement needs to be expedited to tap the huge potential that exists, since both bilateral trade and investment are below potential considering the economic size of the two countries.
The government proposes to amend the gratuity Act to increase the limit of gratuity entitlement from Rs 3.5 lakh to Rs 10 lakh with a view to align the gratuity limit with that for government employees.
The government seems to be in discussion mode on the tricky issue of food inflation. After a meeting with the Congress Working Committee on Friday, the PM will meet all chief ministers today to thrash out a way to curb food prices.
Over the past few weeks, the relationship between the US and China has been heating up. The US recently approved a $6.4 billion arms deal with Taiwan, and President Obama is planning to meet the Dalai Lama later this month.
The Indian automotive industry is ascending again and the confidence the industry is exhibiting through its sales volumes speaks a lot for the journey that it has undertaken since last year.
It may sound uncharitable to say that the Kirit Parikh Committee Report on Pricing of Petroleum Products is quite banal and lacks novelty. But we have had the Rangarajan and Chaturvedi Committee Reports in the past that spoke on similar lines.
The continued fragility of the global economic recovery was once again brought into sharp focus by adverse events in a number of small European economies in the second half of this week.
The recent fracas over the 93 million line tender of the BSNL, which has been reported in detail by this newspaper, once again brings out that all is not well in the manner in which the communications and IT minister A Raja has been running the high-profile and significant department of telecommunications.