The Indian economy was staring at an inflationary spike due to rising oil prices and falling rupee as recently as a month ago. These fears are not as pertinent anymore. Brent crude has fallen by almost 15% in the last one month. read more
55 % Indians were classified as poor by the MPI methodology in 2005-06. India halved its poverty rate in the next 10 years. In absolute terms, the number of poor fell from 630 million to 360 million during this period. read more
India’s grasp of the second largest share will become more clear. India’s share of global GDP growth is expected to rise from 13 percent to almost 16 percent -- a jump of three percentage points. read more
If projections by the International Monetary Fund (IMF) are true, then India would regain the tag of fastest growing major economies of the world, crossing China with more than 0.7 percentage point in 2018 and an impressive 1.2 percentage point growth... read more
Taking a jab at the UPA-II government Union minister Arun Jaitley speaking on day 2 of HTLS 2018 said that “Nothing could be worse than 2013. The current account deficit was 4.7%. The average rate of inflation under UPA-II was 10.4%.” Jaitley also said that there are huge avenues for growth for Indian economy in the next 10-20 years, adding that India’s ability to maintain present growth rate for a decade or two is certain.
Union Finance Minister Arun Jaitley spoke on the second day of the Hindustan Times Leadership Summit 2018. He said that the sentiment about the Indian economy is not negative. Jaitley said that we can’t be the fastest growing economy for 4-5 years and still have a negative sentiment. “What happens in an era of uncertainty, FDI flows happened to an area that the investors considered a safe haven”. Jaitley said that US is considered a safe haven world over and that the FDI flows will not reduce.read more
“I always wanted to be a Hindi film ‘Hero’ and not just an actor,” Ranveer SIngh said. On how he prepared for his first movie, Ranveer said he spent an entire week incognito as a Delhi University student attending classes and events as Bittu Sharma. “Different actors prepare in different ways. For me it’s more internal. I think a lot,” Deepika said. The actors capped the day’s events, breaking into moves from Padmaavat’s ‘Khalibali’.