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Economy and Business

The Centre is clearly stepping up its bid to address concerns about the fledgling goods and services tax regime.

 

Over the past few weeks, a ferocious disagreement has raged between several Indian economists. The heart of the matter concerns the impacts of demonetisation and the goods and services tax (GST) on India’s broader economy. Let me be clear that I use the word disagreement rather than debate advisedly.

 

The internal combustion engine brought about a radical lifestyle shift in the 20th century.

 

Extreme volatility in the prices of some food commodities has, in recent years, been hurting producers as well as consumers, while also disrupting certain economic activities.

 

Whether you impersonate Mahabharata characters Bhishma Pitamah or Yudhishtira, or Chanakya of the Mauryan era, can you tell your army or people that “everything has been lost, the country is drowning, and, all that is left before us is bleak and dark?”

 

With the healthcare market in India estimated to grow at a compound annual growth rate of 23% from 2015 to 2020, and expected to be a $280 billion market by 2020, the ancient Indian system of ayurveda is witnessing an amazing resurgence globally. 

 

It is welcome that the Centre has decided to revamp market design for natural gas, to better match supply with demand and bring about price efficiency as well.

 

Delhi’s denials of reality would be funny if it weren’t for the tragic consequences. On the economy, this denial dates back to 2012 when Manmohan Singh was in charge and Rahul Gandhi has only now underlined that unemployment was the problem.

 

In 1990 as a fresh graduate, I quickly realised that successful businessmen spent much of their time in Delhi because the licence raj ensured companies did not have customers but hostages.

 

India has lost its rank as the world's fastest growing major economy in the International Monetary Fund's tally after it slashed India's growth projection for 2017 by 0.5 percent to 6.7 percent on October 10.

 


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In a significant boost to New Delhi's Act East Policy, India and Japan set up the Act East Forum on Tuesday as agreed during Japanese Prime Minister Shinzo Abe's visit to India this year for the annual bilateral meeting that would help to focus and catalyse development in India's Northeast.
 
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Pakistan has agreed to allow the rupee to depreciate after holding talks with the International Mone­tary Fund (IMF) on the country's economy.

 
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Two major global changes in the past year; the ‘Brexit’ referendum and the advent of Donald Trump, writes Sandeep Kaur Bhatia

 
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