| Tentative recovery raises questions about reforms | 21-NOV-09 |
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| As countries around the globe recover from the recession, international leaders have asked for necessary restructuring of the global economy on the opening day of the World Economic Forum's summit on global agenda here. |
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| D-Street to remain volatile, say analysts | 15-NOV-09 |
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| Dalal Street is likely to witness high volatility and remain range bound with an upward bias as investors will tread cautiously despite the right signals from the government in terms of financial reforms, analysts say. |
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| T N Ninan: No one barked | 14-NOV-09 |
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| If you’re looking for the dog that did not bark, look no further than the (lack of) response to the government’s recent economic policy pronouncements. Two weeks ago, the home minister announced the Cabinet’s decision to list on the stock market all qualifying (e.g. profitable) state-owned companies, with a minimum float of 10 per cent. Already listed companies with a smaller float would take up their public stake to 10 per cent. |
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| PM pushes for reforms, says will exit stimulus | 08-NOV-09 |
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| Prime Minister Manmohan Singh, who as finance minister in the 90s initiated liberalisation, today said his government would steadily pursue reforms to feed economic growth, while withdrawing the fiscal stimulus by next year. |
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| Sunita Narain: Waste deep in water | 06-NOV-09 |
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| How will India supply drinking water in cities? Many would argue that the problem is not so much that of inadequate water as it is of the lack of investment in building infrastructure in cities and the lack of manegerial capacities to operate the systems, once created. This then logically leads to policy reform, to invite private investment and hand over public water utilities to private parties to operate. |
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| Financial sector reforms to continue: Montek | 05-NOV-09 |
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| Planning Commission Deputy Chairman Montek Singh Ahluwalia today said the government would push for reforms in the financial sector but said such a move would not jeopardise India’s growth prospects. |
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| PM sounds caution on financial reforms | 31-OCT-09 |
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| Prime Minister Manmohan Singh and Finance Minister Pranab Mukherjee today said the government would like to ‘take forward’ financial sector reforms like insurance and pension, but added caveats that suggested the road ahead was not smooth. |
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| Police reforms have not received attention: PM | 30-OCT-09 |
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| Accepting that police reforms have "not received" the deserving attention from the government, Prime Minister Manmohan Singh today said the Centre would work on them in the near future. |
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| Manmohan, Pranab support financial sector reform | 30-OCT-09 |
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| Both Prime Minister Manmohan Singh and Finance Minister Pranab Mukherjee said the government would like to ‘take forward’ financial sector reform like insurance and pension, but added caveats that suggested the road ahead was not smoooth. |
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| Govt seeks broad consensus to pass reforms bill: FM | 30-OCT-09 |
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| The government today sought broad political consensus to clear the crucial legislations, including the labour and the insurance bills, to push forward the reforms for returning to 9 per cent economic growth. |
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| More micro than macro | 28-OCT-09 |
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| The monetary policy stance articulated in yesterday’s quarterly announcement broadly lived up to expectations. The main policy instruments — the repo and reverse repo rates and the cash reserve ratio — were not changed. This was consistent with the Reserve Bank of India’s (RBI) view that, while the recovery was under way, it had not quite consolidated. Among other points of fragility is the agricultural situation, where this year’s output is expected to drop appreciably from last year’s. Consequently, the RBI has maintained its baseline GDP growth forecast for 2009-10 at 6 per cent, somewhat more conservative than those of the Ministry of Finance and the Prime Minister’s Economic Advisory Council. Since both those bodies, despite their greater optimism about growth, had already voiced their preference for the status quo, the RBI’s forecast provided an even stronger justification. |
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| Yaga Venugopal Reddy: What next for India's fin sector? | 27-OCT-09 |
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| Some say India has been saved from the financial crisis only because the policy was conservative and did not act to improve the efficiency of the system. Hence, their prescription is to act now on efficiency. This view is not right because India was active in policy interventions in both monetary and financial sectors. RBI adopted an active countercyclical policy, while many others failed to intervene. |
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