The central bank is yet to consider actions such as a rate hike or mobilising dollar inflows from non-resident Indians to boost forex reserves as it cannot afford to continue with them for long when the rupee's internationalisation tops its agenda, explains Tamal Bandyopadhyay.
'When young doctors see limited protection, unpredictable careers and an absence of institutional support, they hesitate.'
We as customers have to be conscious and careful to sidestep numerous types of frauds made possible under a mindless shift to a digital ecosystem without customer-redress procedures, warns Debashis Basu.
The Income Tax Act empowers the CBDT to capture information in respect of payments to non-residents, whether taxable or not
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While the systems in place at leading Indian bourses are considered to be very robust and can withstand any possible technical glitches, it is advisable to conduct a precautionary check after an unprecedented three-hour trading halt at a large exchange like Nasdaq, a senior Sebi official said.
In a significant move to enhance its strategic resource security, India has officially released its first-ever critical minerals list, identifying 30 key critical minerals crucial to the nation's economic growth and technological development. This pioneering step aims at reducing import dependence, enhancing supply-chain resilience, and supporting the country's net-zero objectives. Union Minister Parliamentary Affairs, Coal and Mines Pralhad Joshi, while releasing the Critical Minerals for India report in New Delhi on Wednesday, said, "India is readying for an Atmanirbhar Bharat."
Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.
'Demonetisation will push India onto a higher growth path after a temporary dip.'
A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.
India has historically not had a strong compliance mechanism around insider trading. This is in stark contrast to developed countries.
Prime Minister Narendra Modi has high hopes from the VibrantGujarat Summit.
Although the pact would focus mainly on the Pacific and the South China Sea region, any action designed to deter China with or without New Delhi's active participation is a welcome move, notes Commodore Venugopal Menon (retd).
With the government looking to divest loss-making steel assets, significant interest from secondary players is most likely this time apart from the anticipated list of large integrated primary steel producers, said industry experts. Rashtriya Ispat Nigam Limited (RINL), Neelachal Ispat Nigam Ltd (NINL), NMDC Integrated Steel Plant (NISP)-Nagarnar, Ferro Scrap Nigam Ltd and three units of Steel Authority of India (SAIL) - Alloy Steels Plant, Durgapur; Visvesvaraya Iron and Steel Plant, Bhadravati; and Salem Steel Plant, Salem - constitute the divestment list. All the three units of SAIL have been loss-making for more than five years.
'This Chinese behaviour we have not seen for a very long time.' 'This sort of build up on the border, this pattern in Chinese behaviour, and especially the aggression and brutality with which our people were attacked on the 15th of June, this is not something we have seen before.'
'If you want to live a happy life, you have to help the downtrodden. You have to understand that you have been given a position which is a confluence of your own capability and the grace of God. You must use that position to exemplify to others what has to be followed.'
Lenders can now review a borrower account within 30 days of default. Earlier, the banks had to start resolution within one day of default.
Employers want to know how you can add value to the organisation.
'If Indian armed forces entered Pakistan and succeeded in inflicting major damage on the Pakistani army and occupied territory in the Pakistani heartland, there is reason to think the Pakistani military would use some nuclear weapons against the incoming Indian forces to compel India to stop.'
'We should build a military with the capability to fight today's war on priority -- balancing it with the requirements of the future,' says Lieutenant General Anil Chait, one of the Indian Army's most cerebral thinkers who recently retired as chief of the Integrated Defence Staff, in his agenda for the new defence minister.
More lucrative routinely prescribed drugs are at higher risk of failing quality standards
'Countries in possession of nuclear weapons have a heightened sense of power and it is logical for Kim to expect/demand to be treated as an equal at any bargaining table.' 'It is here that Trump ought to respect Kim as the leader of a sovereign power and not treat the North Korean leader as a subordinate,' says Dr Rajaram Panda.
'It is strange that a country like India, which had gone through crisis after crisis resulting from militancy, insurgency and terrorist attacks, should still be practising ad hocism in managing its security imperatives,' says B S Raghavan, the distinguished civil servant and former member of the Joint Intelligence Council.
Winners of the Stree Shakti Puruskars share their stories on how they are empowering women. Upasna Pandey/Rediff.com reports
Vietnam is a key player in India's act east policy under Prime Minister Narendra Modi. From India's perspective, a strategic partnership with Vietnam will only deepen political, economic, and security ties and be a bulwark against China, say Melissa S Hersh and Dr Ajey Lele
The government has provided a long-term vision.
'If you invest your entire capital in talks, you cannot abruptly change gear and decide on war.'
Excerpts from Prime Minister Narendra Modi's speech at the Combined Commanders Conference on board the INS Vikramaditya at sea, off the coast of Kochi.
