ISLAMABAD: As the International Monetary Fund (IMF) mission is currently in Pakistan, the economically-crippled nation would have to complete a set of prior actions, mostly through binding parliamentary approvals and legislation within the next 40 days, i.e. June 30, to reach a formal staff-level agreement (SLA) with the global lender for its next bailout programme, … Read more
NEW DELHI: Women’s wing of industry body Ficci has called for comprehensive reforms to boost India’s care economy that could generate over 11 million jobs, 70% of which is estimated to go to women, and unlock a new economic segment.In a report released on Wednesday, Ficci said unpaid work is crucial for households and economies … Read more
R Dinesh, president of the Confederation of Indian Industry, is optimistic about growth momentum. In an interview to TOI, he says significant private sector investment is happening across sectors. Excerpts:What is your assessment of the overall macroeconomic situation?Obviously, good indicator of the pack is that the platform or base is very very strong. Second is … Read more
NEW DELHI: India Inc on Thursday said 8.4 per cent GDP growth in the October-December quarter of FY24 has “surpassed” expectations, and the economy is on a high growth trajectory due to sustained reforms undertaken by the government.India’s economic growth accelerated to 8.4 per cent in the October-December quarter of this fiscal, driven by double-digit … Read more
NEW DELHI: The Russian ambassador to India, Denis Alipov, on Saturday called for urgent reforms of the United Nations and agencies under it while making a strong case for the inclusion of India as a permanent member of the UN Security Council.“We are of the view that India as a permanent member of the Security … Read more
NEW DELHI: London’s Metropolitan Police, has been criticized for leaving children at risk of exploitation, according to a report by Britain’s law enforcement watchdog. His Majesty’s Inspectorate of Constabulary and Fire and Rescue Services (HMICFRS) in its 51-page report highlights the ineffectiveness of the police force’s response to criminal and sexual exploitation of children. The … Read more
NEW DELHI: M S Swaminathan, posthumously conferred India’s highest civilian award Bharat Ratna on Friday, will be remembered not just as an architect of the green revolution that turned India into a foodgrain surplus nation but also as a pioneer of all future reforms that continue to dominate the policy spectrum in the farm sector.The … Read more
LAGOS: Record inflation, a sliding naira currency and weak financial structure are keeping investors wary of Nigeria, Africa’s largest economy, with some companies even stepping away despite economic reforms under recently-elected President Bola Ahmed Tinubu.Tinubu, who took office last May, has repeatedly called for patience to allow his reforms to take effect after ending a … Read more
MUMBAI: “Let us distinguish between dissent and defection in the Tenth Schedule,’’ said senior advocate Arvind Datar on Monday calling for reforms, to replace the Speaker as the decision-making authority in disqualification pleas and recategorize which whip can lead to such action.Datar was giving the prestigious K T Desai Memorial lecture this year to an … Read more
Mumbai: The BJP’s stronger-than-expected showing in state polls, besides shortening the odds on a decisive mandate in the ensuing Lok Sabha elections, could help extend the bull run in Indian equities that have scaled the wall of global geopolitical worries with consummate ease on expectations of unwavering federal commitment to growth-focused structural reforms. The Nifty, … Read more