As India aspires to become a developed economy by 2047, understanding the transformative power of economic liberalisation—which has already delivered unprecedented growth and lifted millions from poverty—becomes crucial for charting the nation's path forward
Manmohan Singh’s liberalisation and pro-market policies drove India’s share market growth, fostering sectors like IT and banking and delivering strong returns despite global challenges.
Latha Venkatesh is now a veteran journalist. In the early 1990s, as a cub reporter, she witnessed India's journey from childhood to adolescence. She recounts those epochal days.
In several significant development markers such as the change in the share of agriculture and industry in GDP, the period since liberalisation has done worse than the thirty year period prior to the opening up of the economy.
The UK Commonwealth summit, planned to set free trade deals on course as Britain exits the European Union, will put other leading commonwealth countries including India on course for greater trade liberalisation, a media report said today.
Joseph Stiglitz, Former Chief Economist at World Bank and Professor at Columbia University, believes that Hillary Clinton would be the best US President not only for India but for the whole world.
FDI inflows in the current fiscal will top 15.3 per cent rise in 2015-16 on the back of reforms and liberalisation of FDI norms, Economic Affairs Secretary Shaktikanta Das said on June 16
Liberalisation of FDI norms for asset reconstruction companies (ARCs) will help bring in the much-needed foreign capital to deal with stressed assets and revitalise the financial sector, says tax consultancy KPMG.
"We do believe that 7.5 percent rate can be improved upon... And government is concentrating on several areas specially rural India," Finance Minister Arun Jaitley said.
India is set to emerge as the world‘s fastest growing economy by 2015 according to a World Bank report.
The central government announced FDI and liberalisation in 15 sectors, including agriculture, mining plantation, defence, broadcasting, aviation, construction, manufacturing, private banking sector, cash and carry wholesale trading, among others
As the Modi government completes its first year in the office, here is a report on what all was done by the Commerce Ministry.
For 2013-14, revenue generated by telecom sector stood at Rs 2,19,357 crore and the GDP stood at Rs 1,13,45,056 crore. Telecom revenue was 1.93 percent of the GDP.
The tightly controlled currency has fallen 0.8 percent so far this week and is heading towards its biggest weekly fall on record, Reuters reported.
India witnessed an unforeseen economic growth post liberalisation driven by demographic changes rapid industrialisation and a robust service oriented business environment.
The Reserve Bank of India's outgoing Governor Duvvuri Subbarao on Thursday emphasised the central bank's policy is not to resort to capital controls but said it must maintain its focus on stabilising markets.
Global real estate services firm Jones Lang LaSalle India presents about two real estate cycles that changed the face of the real estate industry in India.
Compared with the size of the economy, foreign direct investment inflows into Japan are the lowest among the 34 developed nations grouped in the Organization for Economic Co-operation and Development (OECD).
Govt cautious in allowing FDI in LLPs: Experts