India Inc enables the US' frostiness to India.
Between 2000, when Steve Ballmer became the chief executive officer of Microsoft, and now, when he has announced his retirement, the company's earnings have more than doubled and its revenues have increased over three-fold.
While the motives of the Bill are of course laudable, there is every likelihood that the consequences of its passage will be dire.
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Instead of tinkering with roaming, the circle system should be ended.
After 2015, all re-structured assets will be treated on a par with non-performing assets, requiring the same level of provisioning.
A few states are already running their own schemes for providing free drugs from the government health centres.
In 2011-12, India imported Rs 52,400-crore (Rs 524 billion) worth of telecom equipment; most estimates are that the figure in 2012-13 will match or even cross that number.
While write-off will push up its debt equity ratio, decline in equity will push up return ratios.
Takao replaced Haruhiko Kuroda, who had, in March, quit ADB to take charge as Japan's central bank governor.
With recruitment numbers having dropped off sharply since the liberalisation process got under way in 1991, large-scale retirements of people hired during the 1970s and 1980s will leave large gaps in the organisational structures of these banks.
In most circumstances, this would have been the cause for widespread handwringing and lamentation. But in today's India, the response was more one of relief than one of shock.
RBI norms on foreign control of corporations will clear the air.
The BRICS bank is simply too expensive a proposition for a group of developing countries that includes many who are already overspending domestically.
Large sectors such as metals, mining, machinery, and transportation have seen a decline.
In an interview with PricewaterhouseCoopers, A M Naik, chairman of Larsen & Toubro Limited, talks about the company's strategies, opportunities and the challenges facing it.
In an interview with PricewaterhouseCoopers, Aireen Omar, chief executive officer of AirAsia Bhd, talks about the company's strengths, opportunities and challenges.
The aviation minister, Ajit Singh, on Tata-Air Asia joint venture
The critical task facing Indian banking is to quickly improve the risk-assessment capability of the state-owned banks, which account for three-quarters of all banking; and if that fails, then to privatise them.
Corporate results confirm worst fears about growth trajectory.
Even the US, whose dominance over global commerce since World War II is being challenged for the first time, is striving to expand its bilateral commerce with China.
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