• Thu, Jan 19, 2017
  • Mid-term report card: Mixed bag of hits, misses for Modi

    Updated: Jan, 19, 201707:00 AM

    On November 26, 2016, the Modi government completed half term. Like individuals, governments across the world, can be judged on the twin parameters of intent and action. This half term report card for...
    Mid-term report card: Mixed bag of hits, misses for Modi
    The Indian economy looks comfortable with growth for the full year FY2016-17 expected to be 7.1% as per the latest government estimates and on the inflation front too, the situation remains fairly in check. With the recent demonetisation of Rs 1,000 and 500 currency notes in India, consumption growth may have dampened a bit, but the intent for reforms has been clearly emphasised. On the real estate matrix, this report has rated the government’s performance on certain key parameters like the progress on the GST bill, the Real Estate Regulatory Bill, LARR, Affordable Housing, Smart Cities and several others. It is a mixed bag, with some parameters achieving higher success on the ground, while others are high only in terms of intent. While there is a continued political will towards real estate reforms, there are very real challenges....
  • Don’t derail economic pact, China tells India Don’t derail economic pact, China tells India
    Updated: Jan, 18, 201710:58 PM

    India should stop being selfish and not block the Regional Comprehensive Economic Partnership (RCEP), an influential Chinese daily said on Wednesday.

  • Jio to foray into automobile telematics Jio to foray into automobile telematics
    Updated: Jan, 18, 201710:57 PM

    Mukesh Ambani’s telecom venture Reliance Jio Infocomm is planning to foray into automobile telematics with the launch of a device that will control vehicle’s movement and alert owner about fuel and...

  • Industry bodies want tax relaxation for start-ups Industry bodies want tax relaxation for start-ups
    Updated: Jan, 18, 201710:55 PM

    Prominent start-up industry bodies including Indian Angel Network, NASSCOM, Indian Venture Capital Association, TiE and Mumbai Angels have jointly appealed to the government to review taxation...

  • Talking Point: No silver bullet for excessive inequality, says IMF chief Talking Point: No silver bullet for excessive inequality, says IMF chief
    Updated: Jan, 18, 201710:49 PM

    Policymakers across the world must act now to check inequalities even as there is no 'silver bullet' to contain this problem, IMF chief Christine Lagarde said on Wednesday amid a raging debate at the...

  • Government approves listing of 5 general insurers Government approves listing of 5 general insurers
    Updated: Jan, 18, 201710:43 PM

    The listing of five state-owned general insurance companies was approved by the government on Wednesday to encourage them to raise funds from capital markets as also improve corporate governance.

  • ‘20% firms to shift to smartphones for access by 2020’ ‘20% firms to shift to smartphones for access by 2020’
    Updated: Jan, 17, 201711:15 PM

    By 2020, 20 per cent of organisations will use smartphones in place of traditional physical access cards globally, market research firm Gartner has predicted.

  • Don’t interfere in real estate sector, Godrej tells government Don’t interfere in real estate sector, Godrej tells government
    Updated: Jan, 17, 201711:09 PM

    Godrej Group Chairman Adi Godrej has said the government should not ‘interfere’ in the real estate sector, often cited as one of the biggest black money generators, even as he termed demonetisation a...

  • Talking Point: NPS sees manifold increase in subscribers since 2010 Talking Point: NPS sees manifold increase in subscribers since 2010
    Updated: Jan, 17, 201711:03 PM

    Backed by a robust institutional architecture, the NPS (National Pension System) has registered a substantial growth over the last more than six years, PFRDA’s outgoing whole-time member (finance) R V...

  • Air India to launch 12 new flights Air India to launch 12 new flights
    Updated: Jan, 17, 201710:18 PM

    Having started twelve new flights domestically and four flights internationally in 2016, Air India has set in place ambitious expansion plans for 2017.