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Posted

http://www.thehindu.com/news/national/india-to-hit-ton-in-business-ease-rank/article19940995.ece

 

India to leapfrog 30 places in business ease rank

 

According to a source involved in the exercise — the report is expected to be released on October 31 — “India will hit a century.” This huge jump in the country's ranking is thanks to reforms in areas such as ‘starting a business’, ‘dealing with construction permits’, and ‘resolving insolvency’, where it was placed a lowly 155, 185 and 136 respectively last year. The source said, “The low rank last year galvanised India to act. There was an explicit order from the PM (Narendra Modi) to ensure faster reforms to improve India’s rankings.”

India was ranked a poor 130 overall last year, up by just one place from 131 the previous year.

On the future prospects for India, the source said, “If India maintains this momentum, it can jump to a rank in double digits next year,” adding that Mumbai and Delhi — the two cities covered in the Report — had responded well to the government’s call for improvement. The Department of Industrial Policy and Promotion systematically worked with the line ministries and State governments to “get things done on the ground”, the source said.

Posted

https://timesofindia.indiatimes.com/india/make-in-india-projects-come-undone/articleshow/61349989.cms

 

‘Make In India’ projects come undone

Bureaucratic bottlenecks, long-winded procedures, commercial and technical wranglings, coupled with the lack of requisite political push and follow through, have ensured that no major "Make in India" project in defence has actually kicked off in the last three years.

 

Posted

All the nuts and bolts issues are being slowly taken care of. Hopefully the fence sitters will realize the work being done. Although, suicide is congenital among Indians, so you never know... 

Posted

 

 

https://m.timesofindia.com/city/chennai/saffron-terrorism-kamal-haasan-says-right-wing-hindus-have-started-employing-terrorism/articleshow/61453672.cms

 

Kamal Haasan says right wing Hindus have started employing terrorism.

 

 

"Earlier, the right-wing Hindus employed debates, and not force, against people of other religions. Having realised that their attempts are failing, they have started using violence," he wrote.

"This is not a victory or a sign of progress. If we start believing that force will prevail and not truth, then we will all turn into violent beasts," he wrote.

In his column, Kamal was replying to a question posed by Kerala chief minister Pinarayi Vijayan who had sought the actor's opinion on "the attempt by Hindutva forces to infiltrate into Tamil Nadu."

Posted

https://timesofindia.indiatimes.com/business/india-business/gst-rate-on-mass-consumption-items-cut-to-18-from-highest-slab-of-28/articleshow/61592306.cms

 

GST rate on daily use items cut to 18% from highest slab of 28%

 

  • The GST Council on Friday decided to reduce tax rate on a wide range of mass use items from 28 per cent to 18 per cent
  • The 28 per cent slab which had 227 items under it, will now only have 50 items
  • The decision taken by the GST Council will have a revenue implication of Rs 20,000 crore annually
Posted
5 hours ago, diga said:

Moodys upgrades India rating... Does anybody know when was the last time it did?

Last year of vajpayee. Makes you realize the opportunity that India lost under the tyranny of scamsters over the subsequent 10 yrs. Sustained 10+ % growth was a certainty but... Also a reminder, that suicide is a congentinal problem for Indian voters.

2019 isn't in the bag until its in the bag. 

Posted
3 hours ago, surajmal said:

hard work over harvard!! lol. That is going to be one of many Namo's slogans for 2019 campaign. 

https://timesofindia.indiatimes.com/india/celebrate-moodys-upgrade-damn-standard-and-poor-yashwant-sinhas-jibe-at-centre/articleshow/61689566.cms

 

Celebrate Moody's upgrade, damn Standard & Poor's: Yashwant Sinha's jibe at Centre

 

Sinha indirectly reminded the government that rating agency Standard & Poor's has kept India at the lowest investment grade for a decade, and slammed the government's celebration of the country's upgraded rating from Moody's.

Posted (edited)

I was tempted to open a new thread on this.. but what the hell is Ivanaka doing in India? She is meeting PM and Foreign Minister etc. in what capcity? She does not hold any position in USA cabinet other than an Advisor to President.. Why spending so much money on her visit?

Edited by veer
Posted
2 hours ago, veer said:

I was tempted to open a new thread on this.. but what the hell is Ivanaka doing in India? She is meeting PM and Foreign Minister etc. in what capcity? She does not hold any position in USA cabinet other than an Advisor to President.. Why spending so much money on her visit?

she is purely an extension of Trump, it's pretty much equivalent to having the US President's ear. 

Posted
13 hours ago, veer said:

I was tempted to open a new thread on this.. but what the hell is Ivanaka doing in India? She is meeting PM and Foreign Minister etc. in what capcity? She does not hold any position in USA cabinet other than an Advisor to President.. Why spending so much money on her visit?

lol the princess is coming to talk about women empowerment

Posted

https://timesofindia.indiatimes.com/business/india-business/too-early-to-say-low-growth-trend-reversed-manmohan-singh/articleshow/61894112.cms

 

Modi government cannot equal UPA's 10-year average growth rate: Manmohan Singh

 

Former Prime Minister Manmohan Singh on Saturday welcomed the uptick in the Q2 GDP growth at 6.3 per cent but cautioned that it is too early to say there is a reversal in decline seen in the past five quarters. He also claimed that the Modi government will not be able to equal the UPA government's 10-year average growth rate.

"To equal the UPA's 10-year average, the economy will have to grow at 10.6 per cent in the fifth year. I would be happy if this were to happen, but frankly, I don't think this will happen," Singh quipped.
 

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