In India, small entrepreneurs create more jobs, which is evident from the fact that only 1.37% of a total of 5.85 crore establishments employed 10 or more workers. However, most of the start-ups fail to survive more than two years due to various disadvantages, including lack of hand-holding, knowledge and funding support. Yet, a few […]
Most of the agencies have lowered their forecasts for India’s gross domestic product (GDP) growth in 2017-18. The main reasons cited for the above include demonetisation impact on both demand and supply, goods and service tax (GST) introduction affecting the smaller firms on the supply side, subdued private investment in the economy, the slowdown in […]
Progressive liberalisation to permit FDI in most sectors gives high dividend. At the BRICS (Brazil, Russia, India, China and South Africa) summit a few days ago, Prime Minister Narendra Modi bragged that India is now one of the most open economies in the world. It is true and facts show it. A major achievement of […]
The value of one Bitcoin is $2,808 now and Rs 1,82,704 in Indian rupees. Is there any underlying asset against it or anyone given legal guarantee on value? No. Then, why Bitcoin price which was less than $500 a year back, has increased nearly 6 times? Similarly, one Bitcoin cost about Rs 40,000 a piece […]
No one can predict stock prices with 100% accuracy. One can make a reasonable guess based on available information. So, chances of losses are as much as of gains. Here, value investing comes into play. Don’t panic when stocks crash or celebrate when they rise steeply. Be calm to both. Also, before investing one has […]
Privatization came to a grinding halt after the Congress party-led government came to power at the Centre in 2004. The then Manmohan Singh government lacked courage to bite the bullet on restructuring central public sector enterprise (CPSEs) in a rapidly evolving global economic environment. A cursory look at the 235 operating CPSEs would prompt one to ask […]
With the much awaited Goods and Sales Tax (GST) regime fast becoming a certainty, the debate over its short and long term impact for India and its economy is getting sharper by the day. As the country prepares to embrace GST in 2017, a widespread speculation on its implications is further clouding the prevailing debate […]
Imagine an India, where a villager directly tweets”Applied for visa but official asking for bribe.” to Ministry of External Affairs, or “No power supply in the village during the last 24 hours, please send officials for inspection.” to Ministry of Power, or “Unemployed despite high qualification” to Ministry of Labour & Employment and gets a […]
Make in India for jobs and growth – Can Modi deliver the promise? Prime Minister Narendra Modi has a talent for coining slogans that go viral. While Sabka Saath, Sabka Vikas and Swachh Bharat are meant for India, his Make in India call was meant for the world, and it has received global attention.The cynical will say that it is yet […]
Make in India for jobs and growth – Can Modi deliver the promise? “More than anytime in history, mankind faces crossroads. One path leads to despair and utter hopelessness, the other to total destruction. Let us pray that we have the wisdom to choose correctly” – Woody AllenThe US subprime fiasco has forced US and […]