'I used to tell my wife to pack extra food in my tiffin so that I could at least offer that to my colleagues who were living on vada pav.'
'There is no secrecy clause to the price (of the aircraft).' 'There can be secrecy on the capability of the nuclear payload of aircraft and things like that, but the price is hardly a secret.'
Clearly, LoCs are becoming a key arrow in India's economic diplomacy quiver.
With cash -- the primary medium of exchange -- all but disappearing, it is now unlikely that the expected fillip to demand on account of a good monsoon and proceeds from the Seventh Pay Commission payout will materialise.
Are we adopting an idea whose time has come and gone? My feeling is, yes, says ex-banker C Joseph Chacko in the fourth article of the series on inflation targeting.
According to Section 80D, the premium paid for medical insurance is deductible from your income up to Rs 15,000 a year
Experts hail Budget 2015 as a progressive, growth oriented one.
The state government has formed two committees under the chief secretary and the cane commissioner on the matter.
'The approach towards Mallya is not right because his unit could have been turned around earlier with additional funds from his side and the bank's side.'
'The cost of the Rafale contract will be substantially lower than being talked about.' 'If you throw away the price they demand, our coffers will soon become empty.' 'When it comes to spending the nation's money I am very careful and stingy.'
Faces are important in India, because people connect with people, not concepts.
'The experience so far is a shocking example of how critical scheme of national importance can be brought into disrepute by inefficient and badly designed implementation,' says Dr Madhav Godbole, the former Union home secretary.
'SBI is already too big. Too big to fail.' 'It already is a moral hazard. What will it do with 20,000 branches that it cannot do with 14,000, especially in these days of online and mobile banking?'
Mumbai-based CA Prince Tiwari is educating and empowering the underprivileged since 2011. This is his heart-warming story.
Spending money to make this day special is the easiest way out, but also very predictable and boring. Some creative thinking and you can indeed spend less money and have more fun!
While demonetisation will benefit the organised sector, the government has to find a way to channel the upcoming revenue buoyancy towards job creation to balance out job losses in the informal sector, says Akash Prakash.
'The defence minister needs to focus on human resources-related issues at the same pace in 2017 as he did on acquisitions in 2016,' says Brigadier S K Chatterji (retd).
Another year of strong performance by these export-oriented sectors likely as US economy revives and rupee is expected to be under pressure.
Overseas education consultant NNS Chandra offers you advice on how to pick the right international education.
In a chat on rediff.com, Feroze Azeez offered valuable tips.
The Maruti Suzuki Swift DZire is at times the top selling car in India, outselling even the company's entry-level Alto hatchback. MotorBeam finds out what makes this compact sedan a favourite of Indian buyers by living with the vehicle.
The inspiring story of B Udhaya Krishna and his friends is the story of today's aspirational India, the India that encourages entrepreneurial spirit. Hurdles like poverty, discouragement and insults are just temporary hindrances in front of them to work hard to achieve their dreams.
Transport Minister Nitin Gadkari puts them out of the ambit of Motor Vehicles Act; experts say some regulation, licensing and driver training will be necessary
'One of the biggest issues the Indian economy faces right now is of job creation...' 'The nexus between growth and employment has to be closed...' 'In the absence of a manufacturing expansion, the alternative is to have the service sector as the driver of both GDP as well as employment growth.'
Fiscal discipline has been maintained but toxic assets worth Rs 7 crore are a massive headache
Nifty, which has struggled around 8550-8560 levels managed to blast past this resistance and close above the psychological mark of 8600.
A glance back at some important events that occurred in 2018.
'That is not a democratic ideal obviously, but it is a practical reality.' 'It is a consistent feature of politicians in Pakistan that their rhetoric on the army softens the closer they get to the seat of power.'
'If 99.99 per cent of these micro borrowers are good at repaying their loans, why can't we look at the SMEs and MSMEs and replicate the same model for them with our stringent risk management system,' Chandra Shekhar Ghosh, chairman and managing director of India's newest private sector bank, tells Prasanna D Zore/Rediff.com.
Deepak Parekh, chairman of Housing Development Finance Corporation (HDFC), India's largest mortgage lender, says the exuberance in industry about the new government is justified but big ideas articulated by the prime minister need speedy implementation.
The government should now focus on governance and monitoring the supply side to manage inflation, says M V Subramanian.
'We are doing away with human interface in metering, billing, and collection.' 'That in itself will bring down losses by 50 to 60 per cent.'
A Bank Investment Company to act as a holding company for state-owned banks would go a long way in minimising government interference and improving governance.
Jindal Steel and Power was the top loser down 10% followed by Hindalco, Tata Steel, Tata Power which ended down between 0.5-3% each.
The new ordinance on land acquisition will allow land grabbers to deprive millions, destroy agriculture, horticulture, rivers, forests, tree cover and mangroves to extract minerals as well as ground water, without replenishment at a pace that will not leave anything for the next generation, warns activist Medha Patkar.
Biometric authentication is based on the unscientific and questionable assumption that there are parts of human body that does not age, wither and decay with the passage of time.
Populations of cities are rising, more are coming in because cities continue to attract people for jobs and because of increased economic activity. One standard question would be: What is the government doing about this?
Seeking to woo Muslims as well as upper castes, the Samajwadi Party on Wednesday promised quota in police and other government jobs for minority community, release of "innocent" youths jailed on terror charges and constitution of an upper caste commission in its manifesto brimming with sops.
Investor confidence has evaporated amid fears over the rising cost of funding India's gaping current account deficit, prompting New Delhi to delay plans to raise much-needed funds through partial privatisations, finance ministry sources said.
Prime Minister Narendra Modi, who recently completed one year in office, has, in an exclusive interview with Smita Prakash, editor, ANI, said the opposition alleging that his government is a "suit boot ki sarkar" is definitely better and more acceptable than being labelled a "suitcase" (ki sarkar), and satirically added, that after ruling for sixty years, the Congress has suddenly remembered the poor.
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