-The Hindu Narendra Modi has to address not just the current stagnation in manufacturing but also look at ways of stimulating investments in the sector Prime Minister-designate Narendra Modi, it is said, sleeps just six hours a day. Even that could become a luxury as he buckles down to his job and begins the challenging task of turning around the economy. The economic legacy handed down to him by the United Progressive...
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Economist Thomas Piketty, professor at the Paris School of Economics interviewed by Pranay Sharma
-Outlook The author of the surprise international bestseller, Capital, in the 21st Century, thinks that abolishing Income Tax is not a good idea Books on economy rarely move beyond the peer group of economists and their academic circle. But those old presumptions are now being put to the test and the rules are being rewritten from the time 42-year old French economist, Thomas Piketty, went viral. The publication of the English edition...
More »Ministry officials want Modi govt to look at land laws-Sanjeeb Mukherjee
-The Business Standard Agriculture ministry wants review of clamps on holdings; rural development ministry seeks centralisation of records With Narendra Modi set to take over as prime minister in the next few days, the department of agriculture is proposing a comprehensive review of land ceiling laws as a first major reform in the sector. Land also figures in the to-do list of the rural development ministry. It has proposed centralisation of land records...
More »World economy to strengthen as job growth remains ‘stubborn’ –UN report
-The United Nations The global economy is expected to strengthen over the next two years, despite a downgrade of growth prospects for some developing countries and transition economies, and "stubbornly slow" job growth, according to the United Nations World Economic Situation and Prospects 2014 mid-year update launched today in New York. "More than five years after the financial crisis, the world continues to struggle with getting the global economic engine back to...
More »WTO talks: Don’t harp only on fishery sops, says India -Amiti Sen
-The Hindu Business Line Tells US, others there must be progress in agriculture, industrial goods and services pacts NEW DELHI: India has said that negotiations on tightening fishery subsidies at the World Trade Organisation (WTO) pushed by the European Union, New Zealand and Chile should take place only after there is substantial progress in the areas of agriculture, industrial goods and services. Warning against ‘cherry-picking' of issues, the Centre said that the proposal...
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