from India Insight:

India can become world’s fifth-largest economy by decade’s end: Jim O’Neill

March 3, 2015

Goldman Sachs Asset Management Chairman Jim O'Neill speaks during the Reuters Investment Outlook Summit in LondonJim O’Neill, who coined the term BRICs to highlight emerging economic powerhouses Brazil, Russia, India and China, said India’s budget lacked a “wow” factor but was good enough to push the country on a path of 8 percent growth or more “for a long time”.

from Breakingviews:

India’s infrastructure push could be envy of West

March 2, 2015

By Andy Mukherjee

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from Expert Zone:

Budget 2015: Three game changers for India’s economy

By Aviral Gupta
March 2, 2015

(Any opinions expressed here are those of the author and not of Thomson Reuters)

People watch television sets displaying India's FM Jaitley presenting the budget in parliament at an electronic shop in ChandigarhFinance Minister Arun Jaitley’s budget announcements were on expected lines and should satisfy the investment community, which was keen to see reforms that will kickstart India’s economy. Although the budget was slightly skewed towards the rural economy, we also saw important announcements for urban India aimed at stimulating growth and investment.

from Breakingviews:

India goes back to future with $137 bln rail push

February 27, 2015

By Andy Mukherjee

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from India Insight:

Govt’s priority should be to kickstart economy: Ex-Infosys CFO Balakrishnan

By Reuters Staff
February 26, 2015

Workers are pictured beneath clocks displaying time zones in various parts of the world at an outsourcing centre in BangaloreFinance Minister Arun Jaitley has the tough task of balancing the need to boost spending and maintaining fiscal discipline when he presents the annual budget on Feb. 28. Former Infosys CFO V. Balakrishnan says the government’s main priority should be to revive the economy by loosening up its purse strings and the country could live with a “slightly higher fiscal deficit.”

from India Insight:

Ecosystem for “Make in India” does not exist: Rajeev Karwal of Milagrow

By Reuters Staff
February 25, 2015

India's PM Modi gestures as Sitharaman, Minister of state for Commerce and Industry, Mishra, Minister of Micro, Small and Medium Enterprises and Geete, Minister of Heavy Industries and Public Enterprises, look on during the launch of 'Make in India' campaiThe upcoming budget is expected to give a boost to the government’s “Make in India” campaign, the centrepiece of PM Narendra Modi’s plan to create jobs and rejuvenate the economy. But Rajeev Karwal, founder of technology and consulting firm Milagrow, says the “ecosystem” to transform India into a manufacturing hub does not exist because of an absence of government support and incentives.

from India Insight:

A look at India’s last five annual budgets

February 17, 2015

Collage

The countdown has begun for the biggest business and economic event of the year - the release of India’s annual budget on February 28. Finance Minister Arun Jaitley is under pressure to unveil reforms that will put the country’s economy on a path of 7-8 percent growth over the next two years.

from MacroScope:

Is a one-way bet on the dollar rising still such a safe bet?

February 4, 2015

Traders work on the floor of the New York Stock Exchange

Borrowing in dollars is like playing "Russian roulette", India's central bank chief Raghuran Rajan said on Bloomberg TV this week.

from India Insight:

Cheap MPV may not be the + Datsun needs to GO ahead in India

February 3, 2015

Datsun GO+ is seen in a car showroom in Noida on the outskirts of Delhi. Pciture by Sankalp PhartiyalNissan Motor Co Ltd hopes to boost its low-cost Datsun car brand in India with a new compact multi-purpose vehicle, or MPV, but the Japanese automaker might need to make inroads into smaller cities and the countryside if it wants to revive sales.

from Breakingviews:

India’s “improved” GDP statistics strain credulity

February 2, 2015

By Andy Mukherjee

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.