Opinion: C.S. Mohapatra. Policies have sought to promote participation in financial markets, but investor ignorance and negligence as well as fraudulent activities are impediments to growth. India’s financial sector has grown exponentially over the past two decades. One major contributor to this is the rising participation of private investors in financial markets coupled with digitalisation.... Read More
India may finally be on the verge of making progress on eradicating one of its most intractable problems: open defecation because of a lack of toilets. Prime Minister Narendra Modi deserves credit for focusing on the scourge. But it will take more than words to solve a problem the nation’s leaders have been promising to... Read More
Mumbai: The slowdown in economic growth last fiscal and the resultant weakness in demand has hit small enterprises harder than their larger counterparts latest data from the Reserve Bank of India (RBI) shows. Companies with revenue of less than Rs.25 crore saw sales contract by 63% in the year ended 31 March while companies... Read More
NEW DELHI: Business confidence is on the upswing as companies are betting on a turnaround in the economy and improvement in the investment climate in the months ahead on the back of an expected reforms drive a survey by a think tank showed on Friday. The survey by National Council of Applied Economic Research (NCAER)... Read More
Press Release The Business Confidence Index Quarter 1 2014-15 NCAER Continued Upward Trajectory: Business Confidence on its Accelerated Growth Trend The BCI rose by 13 per cent in June 2014 over April 2014 overshadowing the 3.8 per cent increase in April 2014 over January 2014. Out of the four components of BCI three... Read More
NEW DELHI: Business confidence index continued to show upward trend for the quarter ended June 2014 on improving economic conditions and positive investment climate economic think-tank NCAER said today. The index rose by 17 per cent in June 2014 over April 2014 this year the think-tank said. "Out of the four components of BCI three... Read More
HT Correspondent Hindustan Times New Delhi August 29 2014 First Published: 18:06 IST(29/8/2014) | Last Updated: 11:15 IST(30/8/2014) The Indian economy expanded at its fastest pace in two-and-a-half years in the quarter ending June on the back of a turnaround in manufacturing as sentiment was boosted by the Narendra Modi government’s measures to help... Read More
Only 28 per cent of men aged 20-29 and with a college degree had a salaried job in 2005 which had slowly grown to 33 per cent by 2012. From Naxalbari to the Arab Spring our popular imagination has seen the youth as the harbinger of revolution that breaks down the bastions of privilege.... Read More
DELHI – India moved closer towards implementing a Goods and Services Tax (GST) with the conclusion of the latest meeting by the Empowered Committee of State Finance Ministers this Wednesday. While numerous hurdles remain central and state Finance Ministers agreed on several important items that are expected to speed up the implementation process: Two-part levy:... Read More
With State Finance Ministers having dropped the issue of compensation in lieu of a cut in the central sales tax from the agenda of their upcoming meeting on implementing the Goods and Services Tax (GST) the major hurdle appears to have cleared in reforming India's indirect tax regime. Seen as a key to facilitating... Read More
In reply to an RTI query the Union finance ministry said the UPA II government had commissioned a study in 2011 to ascertain the quantum of illegal money in the Indian economy. It said the study was being carried out by Delhi-based National Institute of Public Finance and Policy (NIPFP) National Council of Applied... Read More