In January this year, with a view to cutting the subsidy on diesel, the government had decreed that all bulk users, such as the railways, state transport corporations, armed forces and all commercial establishments, would be charged the market price for diesel.
This is likely to put a brake on the fast pace at which Aadhaar cards have been issued so far to more than 400 million people.
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After a string of extremely low and even negative monthly numbers, the industrial sector grew by 2.6 per cent year on year, far exceeding expectations.
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The stock market responded to his speech by going up by over two per cent; the rupee also gained in strength, by about 1.45 per cent, against the dollar.
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.
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