FY14 GDP forecast by PMEAC on the higher side

Bibek Debroy If the markets expected the Reserve (RBI) to cut policy rates, then the markets were irrational. There are two reasons why May's wholesale price index (WPI)-based inflation of 4.87% — of which much was made — is misleading. ...

NEW DELHI, India — Across global markets, gold has lost its glimmer. Investors are fleeing the yellow metal, whose price has slumped more than 10 percent over the past three months. But Indians are so gold crazy they're sacrificing their ...

Why is Prime Minister Manmohan Singh widely seen as a failure, at least in UPA-2? Several answers have been suggested, including the division of powers between him and party President Sonia Gandhi, which ensures that all key decisions need her ...

Henry James had said, Summer afternoon—summer afternoon; to me those have always been the two most beautiful words in the English language. The Sunday Standard Summer Reading List brings you a mixed bag of words that would keep you as beautifully ...

Both sides, for instance, have had to climb down from their respective maximalist positions. For Vodafone, this amounts to acceptance in principle of its liability to pay tax in India for the 2007 transaction for the acquisition of Hutchison ...

May 28: The sudden arrest of Amway India's top brass on Monday has focused the spotlight on the crumbling fault lines and the grey areas in the demarcation between some of the world's best-known direct selling companies and the dodgy Ponzi schemes ...

In fact, an inter-ministerial body comprising representatives from the consumer affairs ministry, the department of financial services, the corporate affairs ministry, RBI, Sebi and the Indian Direct Selling Association has been tasked with bringing ...

Mr William S Pinckney, MD and CEO of Amway India and two Directors, Mr Anshu Budhraja and Mr Sanjay Malhotra - who had on 3rd May 2013, been granted anticipatory bail by the Kerala High Court over a case filed at Kozhikode in 2012 - have been taken ...

NEW DELHI: Malls were supposed to be the symbols of prosperity in India's 'boomtowns'. Instead they have turned out to be edifices of gloom. Notwithstanding their bright facade, these half-empty buildings in smaller towns reveal the other side of ...