Grammy Awards ceremony was held on February 12, 2017. The CBS network broadcast the show live from the Staples Center in Los Angeles. The ceremony recognized the best recordings, compositions, and artists of the eligibility year, which runs from October 1, 2015 to September 30, 2016. James Corden hosted the ceremony for the first time. The “pre-telecast” ceremony (officially named The Premiere Ceremony) was held […]
MERCHANDISE TRADE EXPORTS (including re-exports) Exports have been exhibiting positive growth for the last nine months. In continuation with growth indicated by exports since September 2016, exports during June 2017 have shown growth of 4.39 per cent in dollar terms valued at US$ 23562.62million as compared to US$ 22572.30 million during June,2016. In Rupee terms, […]
The commerce and industry ministry says India has now become the topmost attractive destination for foreign investment. India’s FDI inflows were reported at a record $60.1 billion in 2016-17 in May 2017 (The Hindustan Times, dated May 19, 2017). Foreign Direct Investment in India increased by $3.409 billion in July of 2017. Foreign Direct Investment […]
After three years of repair and rebuilding, the Indian economy is in a better place than it was in 2014. It is prepared to deliver longer periods of higher rates of growth. Yashwant Sinha’s recent article (‘I need to speak up now‘, IE, September 27) about the economy concludes more in hope, than on facts, […]
Prime Minister Narendra Modi came to power on a euphoric wave of promises to boost India’s economy, add millions of jobs and bring “good times” to the developing nation. Three years later, India’s economic prospects look decidedly grimmer. India’s economic expansion has slowed to its lowest level in three years. Small businesses are struggling, or […]
(This analytical article on SCO was published in moderndiplomat just before Prime Minster Narendra Modi attended Astana Summit in June 2017. It is reproduced here for the benefit of students.) The next Shanghai Cooperation Organization (SCO) summit will be held in Astana, Kazakhstan in June 2017, when India and Pakistan are likely to become full […]
In FY13 and FY14, a paralysed govt failed to respond to business needs. Now, a hyper-active govt led by an agile tax bureaucracy is causing uncertainty Dark clouds are hovering over India’s economy, unnerving markets, policy-makers and others with a stake in this global bright spot. Growth in the April-June quarter decelerated a bit more […]
The Union Cabinet approved (September 27) a Rs 25,000-crore outlay for upgrading the internal security apparatus in states by upgrading and reforming the police system. According to Union Home Minister Rajnath Singh, the Cabinet Committee on Security, chaired by Prime Minister Narendra Modi, approved an umbrella scheme, Modernisation of Police Forces, with the money to be spent in […]
I shall be failing in my national duty if I did not speak up even now against the mess the finance minister has made of the economy. I am also convinced that what I am going to say reflects the sentiments of a large number of people in the BJP and elsewhere who are not […]
Goods and Service Tax (GST) was implemented from the midnight of June 30 and July 1 2017.The GST is a value added tax which will subsume many indirect taxes, mainly central excise duty and service tax and states’ Octroi and sales tax. It is being purported as a game changing indirect tax reform. Speaking on […]