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.
Many economists say only a substantial rise from October would point to a real recovery.
The stock and foreign exchange markets have had a negative reaction to the government's biggest social security programme, the National Food Security Bill. Food minister K V Thomas questions the rationale behind such a response
While the motives of the Bill are of course laudable, there is every likelihood that the consequences of its passage will be dire.
Officials asked what the point was in going through banks when the government has to give guarantees.
In 2012-13, the Centre managed to cut fiscal deficit to 4.9% of GDP, lower than the Budget revised estimates of 5.2%
Despite the recent Western criticism on Bangladesh's labour standards, India has a long way to go before it overtakes the neighbour in global exports.
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Instead of tinkering with roaming, the circle system should be ended.
The government's decision to opt for a non-binding attempt at conciliation and under Indian law in its tax dispute with telecom multinational Vodafone is understandable, note experts.
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.
No clarity yet on whether multi-level structure would escape ban.
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.
The forecast has an error margin of four days, which is considered normal
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.
As India raised its pitch for upgrade of ratings from the current lowest investment grade, Atsi Sheth, vice-president and senior analyst, sovereign risk group, Moody's Investors Service, tells Business Standard that she does not foresee any movement from the current grade in the next 12-18 months.
