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Latest Articles in magazine 01 june 2015

Towards A Secure Future

When one looks back on the first 365 days, the first thought that comes to the fore is that Prime Minister Narendra Modi has indeed rebooted India. The PM has managed to bring a faltering and hesitant economy back on track with renewed confidence. The bureaucracy is empowered and foot-dragging is not an option any more.

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A Journey That Is Well Begun

India today is in a far better situation than it was a year ago — be it the macro-economic performance, or the confidence in the economy. The gross domestic product growth has shown an uptick: advance estimates for FY15 are pegged at 7.4 per cent against 6.9 per cent in FY14. Industrial growth is slowly picking up: the Index of Industrial Production (IIP) 5.2 per cent in February, the highest in nine months. Major improvement has taken place on the inflation front; both Wholesale Price Index (WPI) and Consumer Price Index (CPI) have been on a downward trajectory for the past ten months or so.

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Stop Cribbing, Start Investing

I have been thoroughly surprised and amused by the reactions of some of the senior corporate leaders on the first anniversary of the Narendra Modi government. The entire focus of many in Corporate India seems to be to extract endless supplies from the government. All that I have seen in the past few days is endless whining and cribbing by the stalwarts of the private sector. They seem keen that the government should do a lot more for them, their companies and their sectors.

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Slow But Steady

Populist economic policies are no longer the mainstay of the government of the day. Narendra Modi has also changed the grammar of foreign policy

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At Your Finger-tips

Write It With Google There may be a smartphone in every pair of hands, but not every pair of hands is comfortable with inputting text on their touch devices. There are quite a few methods available to make input easier, but not everyone ends up exploring these. Google has just added to the bunch with a handwriting input app.

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Expectations Galore Cloud The Audit

About three months ago, veteran banker and HDFC chairman Deepak Parekh said the Narendra Modi-led National Democratic Alliance government at the Centre had not brought in any major changes “on the ground”. Since, then the situation has probably worsened. On the other hand, industry’s ‘first citizen’ Ratan Tata wants to give the new government more time before passing judgment on it.

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M Versus M

The NDA government led by Prime Minister Narendra Modi has completed a year in office. We take a look at how the economy has fared during Modi’s first year in office vis-a-vis Manmohan Singh’s first year during UPA-II.

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