He said the government has cut the borrowing target for the current fiscal by Rs 700 billion
Regulatory cholesterol reduces competition, increases inequality and hurts job creation without helping workers
The IMF has argued for fiscal and monetary prudence. But for accelerating growth India should be prudent about such prudence
The increasing protectionism, specially in erstwhile bastions of free enterprise, has led 36% CEOs to become cautious about geographic expansion in developed countries
"Many roads that are planned for wet, swampy or mountainous regions should not be built, and that is based only on economic criteria," said William Laurance
Governments, think-tanks, industry & academia will have to work together to surmount this challenge
While the country needs 15 million new jobs every year, only 7 million jobs are created annually
A market that works relentlessly, 24 hours a day and seven days a week is called 24/7 economy
Venezuela tops the list again, but it's the moves in the middle that matter
A reading above 50 signifies expansion, while one below that shows contraction
The need for progressive workplace is emerging as crucial in growth markets
Indian bond market is small and rigidly controlled and can't be called free or efficient market
India's economy is in a "fairly good shape" and it is likely to be less affected than other emerging economies if there is a further shock to the global economy, according to a senior official of the IMF. "We've seen pretty tepid global growth rates in the recent past. If there's any adverse shock to the global growth and thereby global demand, we think India will not be unaffected but will be less affected than other countries which rely on exports and trade far more than India does," Paul A Cashin, Assistant Director in IMF's Asia & Pacific Department, and mission chief of India, told PTI. "Until demonetisation there was very healthy consumption spending in India, which was basically propelling economic growth. India has an inward domestically demand-oriented economy, which is good when global growth factors are not exactly healthy," he said. "That's why we think India will be, I'm not going to say immune, but less affected than other emerging economies if there's a further ..
Despite the global headwinds, Das said India's growth remains much stronger
Demonetisation is unlikely to destabilise economy as expected by some experts, says Damodaran
Effect of demonetisation can be a long term one, says TCA Anant
Firms also flagged political uncertainty, including that brought by the election of Trump to the U S presidency
The ongoing structural reforms are also expected to benefit private investment in India