Below you will find pages that utilize the taxonomy term “Economy”
India's GDP accelerates to 7.4% in Q2 FY16
December 5, 2015
The optimism regarding passage of Goods and Services Tax (GST) bill in the ongoing winter session of the Parliament has increased, after top leaders from ruling and major Opposition Party met on Friday evening for negotiations. Q2 – FY: 2016 real GDP number improves on deflationary trends The economic growth for Q2 – FY: 2016 came in better than Q1 and was broadly in line with expectations. The Gross Value added (GVA) (basic price) clocked 7.
New bankruptcy bill to speed up shutdown of failed businesses
November 4, 2015
by Economic Times of India NEW DELHI: A government panel has sought the overhaul of the bankruptcy framework to allow the speedy winding up of failed businesses to protect shareholders and lenders, aiming to modernise an outdated system that drags out closure proceedings. It has recommended new institutions and structures for a fresh regime that will encourage entrepreneurship and foster a startup culture, among the stated objectives of the Narendra Modi administration.
Modi must implement structural change to minimize corruption
July 14, 2015
by Trusted Sources Prime Minister Narendra Modi spoke too soon when he claimed in May that there was “not one scandal” in his government “even after a year”, compared with his predecessor’s record when “every day was a new bad day”. As my colleague Amitabh Dubey writes from New Delhi: Corruption allegations have swamped Modi’s government shortly after that. External Affairs Minister Sushma Swaraj and Rajasthan Chief Minister Vasundhara Raje were accused of secretly aiding Lalit Modi, a controversial businessman and founder of the Indian Premier League (IPL) cricket franchise, who has moved to London to avoid questioning over alleged financial irregularities.
Market Entry into India
April 25, 2014
India has inched recently from 142 to 130 in the World Bank’s Ease of Doing Business Index but one still needs to realise the complexity and difficulty of doing business. One therefore needs to take a holistic and pragmatic approach to this. The Indian statutory and regulatory environment is constantly being transformed. The new Indian Companies Act of 2013 was a major milestone. In recent years Transfer Pricing related disputes has let to many court cases (e.
The Lokpal bill
July 11, 2011
The OECD is advocating to fight corruption. See this link for more. Also the people of India are sick of corruption. Anna Hazare’s Jantar Mantar fast, which got overwhelming public support, has not gone in vain. The latest government version of the proposed Lokpal Bill is certainly an improvement over the anaemic bill drafted by the law ministry in December 2010, but the government is still not ready to go the whole hog.
Hans Rosling: Asia's Rise -- How and When
July 23, 2010
Hans Rosling So often during my talks I have referred to India not as an emerging economy but as a re-emerging economy. Hans Rosling does an excellent job at the recent Ted conference in Mysore graphing global economic growth since 1858 and he predicts the exact date that India and China will outstrip the US: July 27, 2048, just after my 88th birthday…
India, long-term sustainable growth?
October 24, 2005
Written by Alfred Tuinman, published in FM Corporate (Nr 1 Vol 1, Nov 2005) It was sometime after midnight that day in November 1982, that I experienced my first exposure to India. I was being driven through the dark streets of Bombay to my destination. I was to soon to recover from my long flight from Sydney. At various points I could see people huddled around little campfires on the side of the road.