Sunil Subramaniam, market veteran, says that in April and May, the outflow of Rs 50,000 crore was a profit booking by FIIs. Now, alternatives to take that money and put it anywhere else in the world are not looking attractive. So, they had to come back to India, especially once they got clarity that this … Read more
NEW DELHI: Vaccine rollout and overall economic situation will top the agenda of the Niti Aayog‘s governing council meeting on February 20 to be chaired by Prime Minister Narendra Modi. Besides, states will also be nudged to pursue labour reforms. The meeting is likely to be attended by the other members of the council including … Read more
For decades, we have preferred an economic system that delivers underemployment, while promising a wholesome paternalistic State. For once, India is getting its act together for economic take-off. Synopsis India once had high hopes from manufacturing. It was supposed to be the mainstay of employment for the country. And yet, the manufacturing sector mostly ran … Read more