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Economic growth likely to be consumption-led

-The Hindu Business Line Strengthening of global demand will support domestic economy: RBI Kolkata: The Reserve Bank of India, in its Annual Report 2016-17, has said strengthening external demand will help support the economy, even while favourable domestic conditions are expected to quicken the pace of overall economic activity during the year. Global growth is gaining traction in 2017-18, with the recovery driven primarily by a cyclical upturn in investment, Manufacturing and trade,...

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NITI report not views of think tank or Centre -Arup Roychoudhury & Subhayan Chakraborty

-Business Standard The Aayog had released the survey on Monday, with its logo and India's national emblem on the cover New Delhi: A survey on ease of doing business released by the NITI Aayog on Monday does not represent the views of the Centre or the think tank, the Union government said on Tuesday. The Aayog had released the survey, with its logo and India’s national emblem on the cover, which stated that...

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Corporates donated Rs 957 cr to national parties, BJP got lion's share: Report -Smriti Kak Ramachandran

-Hindustan Times BJP received the maximum donations of Rs 705.81 crore from 2,987 corporate donors followed by INC which received Rs 198.16 crore from 167 corporate donors. New Delhi: The BJP received the lion’s share – Rs 705.81 crore – of Rs 956.77 crore that corporate houses donated to five national parties between 2012-13 and 2015-16, a report by a Delhi-based non-profit pushing for poll reforms said on Thursday. The party, which swept...

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That sinking feeling -MV Rajeev Gowda & Salman Soz

-The Hindu In contrast to its pronouncements, the government’s own data suggest the economy is in a deep hole Prime Minister Narendra Modi, in his Independence Day address, spoke triumphantly about how demonetisation drove ?3 lakh crore of unaccounted money into the banking system. The Reserve Bank of India (RBI) is still counting old notes, and unaccounted money cases are ongoing. Thus, this number is at best a guesstimate, and cannot be...

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The illusion, the reality check -Pranab Bardhan

-The Indian Express Three years after the Modi government assumed office, the promise of job creation is unmet. The demon of corruption is not yet slayed As the triumphal march of the Modi-Shah juggernaut continues, smashing the feckless and disorganised Opposition on its way, it is useful to ponder over at least two of the grand hoaxes of the current regime over the last three years that have been impressively successful with...

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