The private sector is not only investing more to power GDP growth than the public sector, but is saving more as well. The government needs to take action before PSUs, the traditional economic mainstays, lose more momentum.
Top Stories
Macro
Food inflation under Modi rule inching towards UPA-era highs
The annual food inflation rate in the month of October stood at 10.87%, jacking up the retail inflation rate to a fourteen-month high of 6.21%.
U.S. 'confident' of strong ties with India amid Adani indictment
The U.S. government has acknowledged the allegations against Gautam Adani, reaffirms confidence in navigating the issue with India without straining ties
Piyush Goyal urges India Inc to utilise $12 bn research fund
Union minister of commerce and industry argued that a $12 billion fund for research in India should not be equated with the same amount a company will invest in innovation in the US or Europe.
RBI governor calls for balance between inflation and growth
In all of the measures, RBI’s stance has remained the same, Das said, with the focus on balancing inflation with growth.
Macro
Food inflation under Modi rule inching towards UPA-era highs
The annual food inflation rate in the month of October stood at 10.87%, jacking up the retail inflation rate to a fourteen-month high of 6.21%.
U.S. 'confident' of strong ties with India amid Adani indictment
The U.S. government has acknowledged the allegations against Gautam Adani, reaffirms confidence in navigating the issue with India without straining ties
Piyush Goyal urges India Inc to utilise $12 bn research fund
Union minister of commerce and industry argued that a $12 billion fund for research in India should not be equated with the same amount a company will invest in innovation in the US or Europe.
RBI governor calls for balance between inflation and growth
In all of the measures, RBI’s stance has remained the same, Das said, with the focus on balancing inflation with growth.