The CAG said the strategic missile system, which were to be deployed on the China border, procured from the state-run Bharat Electronics Ltd were deficient in quality.
The $10.5 billion arms and equipment deal helped to arrest the recent drift in the 'special and privileged' strategic partnership, observes Brigadier Gurmeet Kanwal (retd).
It is well-known, and the Brooks-Bhagat report vouches for it, that the real failure for the 1962 debacle against China was not military, but political, says Ram Madhav.
'When you forgive a farmer's loans there is this ideological economists lobby which says: 'That's socialism. And that's bad'.' 'But to forgive the loans of big people, so that they will be interested to invest further is capitalism and is good.'
'The government may backpedal for now to stave off bad international press and diplomatic demarches, but that it will go ahead with putting religion at the centre of citizenship rules is certain.' 'For it is convinced that this is the magic bullet that will ensure its return to power in 2024,' says Saisuresh Sivaswamy.
VW overtook Japan's Toyota in the first half of this year to become the world's biggest carmaker by sales, but is facing a sharp slowdown in its most profitable market, China.
The loan will be utilised in several developmental projects that Nepal wants to undertake. Nayanima Basu reports.
The purposeful Narendra Modi who won the election has been replaced by a prime minister who looks quite lost, says T C A Srinivasa-Raghavan
The country has a fiendishly complicated electoral system that is a combination of population-based proportional representation and party-based national lists, says Aditi Phadnis
Three weeks after taking over, Prime Minister Narendra Modi will travel to Bhutan on Sunday on his first foreign visit to demonstrate the "special token of friendship" for the country.
Those scheduled to attend the five-day WEF Annual meeting, beginning January 21, include more than 40 heads of state or government, including those from the UK, Australia, Japan, Iran, Israel, Pakistan, Brazil, Italy, Mauritius, Republic of Korea and Switzerland, WEF announced on Wednesday at a press conference in Geneva.
The sudden resignation and almost-immediate announcement of a successor came as a surprise to many.
Contract workers are paid much less than regular workers. This year's Economic Survey estimates wages are on an average 20 times higher in the formal sector than in the informal sector. Arindam Majumder reports.
A summary of sports events and persons who made news on Friday.
A summary of sports events and persons who made news on Tuesday
'In 2013, Modi said his government would be of Dalits and OBCs.' 'During his tenure, the highest number of atrocities have taken place.' 'What they want is that this Ambedkar Constitution must not be practised in India in the future.'
'This letter is not a complaint, it's more indignation, because we do not like being used as political tools by people of various parties.'
The year is coming to an end and overall, it's been one hell of a year! We have had our share of ups and downs and we look forward to a better 2020. While we count down the days to the new year, let's also reflect on those who gave us strength to stand up in what we believe, the courageous who didn't bow down and the ones with gumption who inspired us to be better. We, Rediff.com, have selected 26 personalities, who we think are worthy of the title -- HERO OF THE YEAR -- and we want you, dear readers, to choose your hero!
India is also likely to push for a Free Trade Agreement with the Eurasian Economic Zone and is sharing details of the study it conducted in this regard.
War on ebay explores Jack Ma's mercurial mind
Future, which recently tied up with Amazon in India to sell its fashion and food products exclusively on the American giant's marketplace platform, is looking at a gross merchandise value of about Rs 6,000 crore (Rs 60 billion) in the next three years from the venture.
A summary of sports events and persons who made news on Thursday
Both are focused on the overall transportation business, in which taxi services are only a part; the extended ambit includes autos, motorbikes, cycles, electric vehicles, water transport as well as food delivery services, says Surajeet Das Gupta.
Sensex, Nifty put up a good show in closing trade.
The former RBI deputy governor talked about the prospects of an economic revival, reforms in IMF, etc.
Question remains, what happens when the overseeing committees' members themselves are questioned by investigative agencies?
US congressional leaders on trade and finance wrote to the US International Trade Commission calling for a second investigation into India's 'unfair' trade practices, detailing any changes under Modi.
he has to demonstrate the ability of his government to take a quantum leap, almost tantamount to setting the Ganga on fire, in the next six months, if not in 100 days, if the people were to take seriously the cascade of commitments spewing out of the President's address to both Houses of Parliament on June 9, says B S Raghavan. B S Raghavan suggests five practical propositions through which the Modi government can bring in paradigm changes.
Such allegations are unjustified, given that the CCI's remedies do not promote a free-for-all scheme.
Contract finally given for Rs 2,400-cr project, with GIFT City-like features
The Bharatiya Janata Party regime will have to make good on this election slogan to restore state-owned banks to health, says Rajiv Lall.
With the Sensex again nearing 28,000 points, investors can make good returns with a one-two year horizon.
As Ashraf Ghani and Abdullah Abdullah form a joint government after contesting the presidential election against each other, Prakash Bhandari reports from Kabul on the problems facing the new, US-brokered arrangement.
A glance back at some of the important ups and down Indian Inc faced in 2018.
For the past few weeks, the government has been in an overdrive, pushing stuck projects with the larger aim to improve the country's economic growth, which had fallen to a four-year low of 4.4 per cent in the first quarter of this financial year.
We remain at the mercy of the global economic climate.
The upcoming Budget gives Finance Minister Arun Jaitley a chance to let states boost spending.
The second and final part of former cabinet secretary Naresh Chandra's interview to Sheela Bhatt.
Without some firmer pledge of debt relief, neither Greece nor the IMF is likely to accept a deal
'It is the government's most important duty to ensure that when war breaks out, the armed forces are absolutely ready to face the adversary -- well equipped, well trained and in high spirits,' says Brigadier Gurmeet Kanwal (retd).
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