Maybe they are competent economists but poor in comprehending political and structural transformations

Newsroom24x7 Network Arun Kumar, an eminent economist and leading authority on black money, who has taught at the Jawaharlal Nehru University till 2015 has continuously underscored “demonetisation opened the floodgates for earning “black incomes” and affected the unorganised sector so adversely that the overall Indian economy has stagnated and is not growing any more. The… Read More Maybe they are competent economists but poor in comprehending political and structural transformations

The scholar PM who globalised Indian Economy

Newsroom24x7 Network Today is former Prime Minister PV Narasimha Rao’s Birth Centenary (birth: 28 June 1921). I recall, once Rao  came to attend a function at the stadium at the imposing Lal Parade ground in Bhopal, the capital of Madhya Pradesh. When he was about to leave, the journalists present sought a brief question answer… Read More The scholar PM who globalised Indian Economy

Credibility of Indian Economy has been restored during 3 years of NDA rule: Jaitley

Newsroom24x7 Staff New Delhi: Union Minster of Finance, Defence and Corporate Affairs Arun Jaitley today said that after the present NDA Government came to power at the Centre in May, 2014, it has been able to restore the credibility of the Indian Economy and also the image of the Government, which was at its rock-bottom… Read More Credibility of Indian Economy has been restored during 3 years of NDA rule: Jaitley

General level of activity in the Indian economy is still very low

Newsroom24x7 Desk Mumbai: Ten months after the formation of the Narendra Modi led Central Government, the members who attended the thirty-eighth meeting of the Technical Advisory Committee (TAC) on monetary policy of Reserve Bank of India last month felt that the general level of activity in the Indian economy is still very low and except for railways and power (transmission and distribution),… Read More General level of activity in the Indian economy is still very low

Modi Government’s reform agenda has brought dynamism back to Indian economy

Newsroom24x7 Desk Hong Kong: Fitch Ratings has affirmed India’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at ‘BBB-‘. The issue ratings on India’s senior unsecured foreign and local currency bonds are also affirmed at ‘BBB-‘. The Outlooks on the Long-Term IDRs are Stable. The Country Ceiling is affirmed at ‘BBB-‘ and the Short-Term… Read More Modi Government’s reform agenda has brought dynamism back to Indian economy

Indian economy is moving in the right direction: Arun Jaitley

newsroom24x7 Desk New Delhi, Feb. 9: Union Finance Minister Arun Jaitley today said that overall economic situation in the country is looking better and basic parameters of Indian economy are moving in the right direction. The Finance Minster was making the Opening Remarks at the first meeting of the Parliamentary Consultative Committee attached to his Ministry… Read More Indian economy is moving in the right direction: Arun Jaitley