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After 2 years of Wal-Mart’s existence in India; it is trying to do to agriculture here what it has done to industries around the globe: changing business models by using its highly efficient practices to improve the productivity and speed the flow of goods.
Everyone is not happy about the company’s presence here. Many Indian activists [...]

Cautioning that drought could have an adverse impact on the economy, Prime Minister Manmohan Singh assured the nation that people would, however, not be allowed to go hungry and black marketeers and hoarders would be hounded.
After the global meltdown shaved off economic growth, the drought threatens to make it worse by eating into agriculture production. [...]

The government will announce on Aug. 27 its foreign trade policy for the next five years starting from FY10, Trade Minister Anand Sharma said on Monday.
The policy will address the problems of exporters, particularly the labour-intensive sector, he said, but did not elaborate.
“We will look at market expansion and diversification. It has to ensure we [...]

The year 2009 is set to be more difficult for the Indian economy and despite the government’s stimulus packages, it would take at least a year before it starts recovering.
“I don’t think the stimulus is sufficient to start a recovery. The most it can do is to minimize the magnitude of a further slowdown… India [...]

It’s not all gloom and doom for India. The advance estimates of national income released by the Central Statistical Organization brings much hope for the ailing economy.
The Indian economy will see the second-fastest growth rate of 7.1 per cent for 2008-09, according to the advance estimates of the CSO.
These advance estimates are based [...]

Seeking to reverse the recessionary trend, the government on Friday gave the economy a second stimulus by enabling the industry to borrow more from abroad and FIIs to invest more in the country, besides stepping up public spending.
The package, the last for the current financial year and announced in tandem with rate cuts by RBI, [...]

The new nuclear bargain means different things to different people, both here and in the United States — a case of the elephant and the blind men!
Dire consequences to our national security are forecast by our strategic community because we would have access to nuclear power trade and international cooperation.
So the first [...]

The Reserve Bank may go in for further tightening of money supply as there is no likelihood of inflation coming to single digit in the next six months, according to indications given by the Central Bank Governor to a parliamentary panel.
Some more monetary measures may be taken to contain the aggregate demand to counter inflation, [...]

The inflation fire is now an inferno. It singed wallets on its way from 4.7 per cent in July 2007 to 8.86 per cent in May 2008. It did not stop there, but shot up to a 13-year high of 11.42 per cent for the week ended 14 June. Much of this recent rise is [...]

Strongly denying that economy is slowing down, CII President K V Kamath on Monday said, one has to see India Inc’s performance in the next two quarters to pass a judgement.
Pointing out that corporates have an investment pipeline of USD 700 billion to USD 750 billion, Kamath, also the Managing Director and CEO [...]

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