Born on September 12, 1945, Thaler is a US scientist and the founder of asset management firm Fuller & Thaler Asset Management.
A formal communication to CEOs of the banks from the Department of Financial Services last week has set in motion the consolidation process, a senior finance ministry official said.
Government is looking at introducing a new National Pharmaceuticals Policy and is already in the process of working out details.
The speech marks a shift from the cautious, dovish tone that Brainard has used in many of her recent speeches, and adds an important voice to the chorus of officials signaling rates may rise when the Fed next meets in mid-March.
Watch accompanying video of Gopal Naik, Professor of Economics at IIM Bangalore, wherein he shared his readings and outlook on unifying commodity market in India.
The RBI has kept in the mind the possible rise in crude prices when keeping the rates unchanged, says Sajjid Chinoy, Economics, JPMorgan. A sudden surge in crude prices could create inflationary pressure on the economy.
The Myntra-owned company achieved a positive gross profit for the first time ever, propelled by revenue growth and fulfillment cost reduction, Jabong said in a statement.
Let us start with a mistake that is almost universal â€“ equating fiscal with Keynes. While it is true that Keynes‘ prescription focused on income as a target and hence fiscal, to equate it with Keynes per se is a monstrous fallacy.
After greeting each other with a handshake and a smile, the two opponents went on the attack, with Clinton calling the New York businessman's tax policies "Trumped-up trickle-down" economics and Trump accusing the former secretary of state of being "all talk, no action."
Inaugurating a workshop on private sector facility under Green Climate Fund (GCF), he said Indian agricultural scientists were fully capable of meeting the demands of the country's farmers.
GST will help India become a big unified market, says Kishore Biyani, CEO of Future Group, adding, the company will benefit the most.
Within the month, Prime Minister Shinzo Abe is expected to make a decision on a consumption tax hike scheduled for April 2017, unleash a slew of fiscal policies linked to his "Abenomics 2.0" program and host the Group of Seven (G7) Leaders' Summit.
As per the new gas pricing formula approved by the NDA-government in October 2014, gas prices are to be determined on a semi-annual basis and calculated based on a volume weighted average of rates in gas surplus nations of the US, Canada and Russia, based on the twelve-month trailing average price with a lag of three months.
EF Schumacher, the celebrated economist and thinker wrote a book called Small is Beautiful. The theme was a perspective on economics as if people mattered. Well, small is indeed beautiful when it comes to the MSME sector in India.
Demand in India, world's third largest steel producer, is expected to grow to 81.5 million tonnes (MT) and 87.6 MT in 2015 and 2016, respectively, from 75.9 MT in 2014, WSA said in a statement.
On the topic of repo rate cut, Uday Kotak said that the RBI has exceeded expectations and the mantle is now on bankers, government and business lobbies to deliver.
At the beginning of the last month of monsoon season, the agricultural scenario does look fairly stable though the outcome for specific crops could be affected by the dry weather conditions. The area under cultivation has been higher this year for almost all crops so far. The overall inflationary impact would be muted, says CARE.
The Indian economy is likely to grow around 6.5 percent in 2016 as macroeconomic conditions seem to be improving on the back of lower crude prices and easing inflation, says a McKinsey & Company report.
According to CARE Ratings, the overall flow of funds has been lower through the credit and debt markets this year during April-November relative to last year, says the report.
On gas price pooling, power minister Piyush Goyal says that the government will have to work out the economics and though the idea is under consideration, it has very small significance in the overall scheme of things.
The questions we are asking today is does this stand worry corporate India, or is it reality that it is willing to live with. Before that, will this general election see the AAP become more than just a Delhi phenomenon and go national?
The Fed decided on Wednesday to trim its bond buying by USD 10 billion to USD 75 billion a month as a modest step and one the US economy could well withstand. Crucially, the US central bank softened the blow by making its forward guidance even more dovish.
Executive vice chairman R Seshasayee, Ashok Leyland equals India's current mood to being in a twilight zone. He says the country's economics is held back by politics which is confusing and murky.
Klein died on Sunday at his home in Gladwyne, near Philadelphia, his daughter, Hannah Klein, said on Monday.
Perhaps the strangest thing about the unemployment rate is the impression it gives of stability. Over the course of the recent severe recession and subsequent doldrums, the number of unemployed people rose by more than a million.