News: India is expected to witness “stable growth momentum” while mixed trends are anticipated in other major developing and developed countries, Paris-based think tank OECD said. Neighbouring China as well as Brazil are projected to see a loss in growth momentum, according to the Organisation for Economic Cooperation and Development ...
Read More »PSU stocks may gain 30% if Modi follows Gujarat model: Morgan Stanley
News: According to American brokerage Morgan Stanley, stocks of Public Units (PSUs) are about 30 per cent undervalued due to a slew of issues. Lack of autonomy and political interference in their functioning have been the biggest bane of PSUs. Betting on state-run giants such as Coal India, PowerGrid, BPCL, ...
Read More »New GST can remove a lot of wastage: Kaushik Basu, chief economist of World Bank
News: Kaushik Basu, senior vice president and chief economist of the World Bank, has first-hand experience working in North Block having served as India’s chief economic advisor from 2009 to 2012 and his forthcoming book, An Economist in the Real World, is based on a ringside view of those India ...
Read More »74% Indians feel economy is doing well: Pew Research
News: According to a study by Pew Research Center, 74 per cent of Indians currently think the economy is doing well, compared with 64 per cent a year ago. In India, 74 per cent today believe their children will have a better future than they did, against from 67 per ...
Read More »PM Modi has changed terms of India-US engagement
News: India’s ties with the US have been “completely transformed” with setting of new parameters in bilateral engagement during the first year under Prime Minister Narendra Modi, and there is more to come in, all the areas. In one year, India under Modi, government has been used effectively to lay the foundation ...
Read More »