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RBI's forex swap window for oil marketing companies addresses an urgent issue but what happens when the dollars have to be returned?
NDA's energy plan powered UP win, but it's not a winner yet. Centre has claimed to have saved money by targeted coverage but critics say the system is not yet foolproof.
The index had risen over 585 points in the previous three sessions.
Based on the GDP numbers and the remarkable stability of the taka Bangladesh's Prime Minister, Sheikh Hasina, is a better manager than our 'economist prime minister',' says TVR Shenoy.
Sanjeev Nayar offers some ideas on how Indians can help in improving the lives of those living in border areas and in the process help the Indian Army.
To check fiscal deficit, government needs to drastically cut Plan expenditure.
Key relaxations traced in final regulations.
Admittedly, EVMs too have a UID number and any convergence of data can make the secret ballot system a party of history, warns Dr Gopal Krishna in the 5th part of his series against Aadhaar.
Sensex falls at close; metals, banks perform well.
The Modi government's array of economic policy has been impressive.
'The government has belied the hope that many harboured of change, efficiency and dismantling old practices as the defence ministry continues to pursue the same well trodden and wasteful path.'
'They don't always agree with our governments, their teachers or their parents, but it is the conviction of their ideas, and their determination to share them with the world that, I believe, is one of the greatest sources of hope for our planet.' 'The colonisation of space, understanding the very building blocks of matter and the universe, utilising our understanding of the human genome to conquer disease -- these are the tasks waiting for a fellowship of minds to realise new triumphs in our collective destiny.'
Overseas education consultant NNS Chandra offers advice on how to pick the right international career for you.
In an online chat, career counsellor Amit Bansal shared crucial career advice with readers on how to pick the right stream and college to study engineering.
The resilience of many emerging markets, notably China and India, in the aftermath of the Lehman shock further strengthened this sense of manifest destiny.
The sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just FEMA. The Prevention of Money Laundering Act too has significant infirmities, say Paranjoy Guha Thakurta and Pranati Mehra.
The fund industry may have embraced machines and robots, but managing money still needs the human touch
In putting the country's economy back on the rails, it is best that Narendra Modi and Arun Jaitley draw on grass-roots feedback and their own practical sense and native wisdom without allowing themselves to be sucked into the quicksand of economic punditry, says B S Raghavan.
With the advent of new banks, IT firms will get boostto their businesses.
Another negative surprise in HCL's numbers was the decline in the margin by 40 basis points to 21.4 per cent.
There are 7 key rules one can follow to ensure that the chances of such fraud are almost reduced to a negligible level when shopping online, says Anil Rego
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
The Reserve Bank of India (RBI) on Thursday paved the way for niche banking by issuing draft guidelines for setting up payment banks and small banks.
Revenue from its IT services business rose 9 percent to $1.86 billion.
Moving ahead with their new mantra -- Chalein Saath Saath: Forward Together We Go -- Prime Minister Narendra Modi and United States President Barack Obama on Tuesday vowed to deepen cooperation in every sector for the benefit of global stability and people's livelihoods over the next ten years.
The public-private partnership model is a compulsion, says the minister.
T N Ninan lists a few David-Goliath encounters in the Indian markets, all of which make life interesting, though difficult if you are an investor looking for the next multi-bagger.
Former chairman of the UIDAI Nandan Nilekani, elucidates how Aadhaar could become the spine for alternative banking and could replace government services with cash benefits.
Drones are being sold by e-retailers like Flipkart and Snapdeal for less than Rs 40,000 apiece.
While Visa and Mastercard slug it out for leadership, analysts say RuPay has the potential to cause disruption and eat into their market share.
'After many rudderless years, India and Japan have prime ministers with a sense of purpose and direction,' says Brahma Chellaney.
'Happily,' says Ambassador B S Prakash, 'BRICS displayed new-found energy and built something real, a bank. Between needless nihilism and as yet unjustified euphoria, there are many stations for the BRICS train and we can watch its progress with renewed interest.'
'Under the present Defence Procurement Procedure, it would have been a nightmare, and a long, long one at that, to build 108 Rafales in India. Modi realised this and took the wise decision, though it is a definitive setback for his Make in India scheme.'
Computer whiz Jefferson Prince, who has built a 70-employee gaming company from scratch, tells S Saraswathi about motivations and challenges of entrepreneurship.
Online shopping is becoming an obsession, a distraction and a cause of distress for a rising number of Indians. Are you a Compulsive Online Purchaser?
A Texas company will submit a report by June on whether a company controlled by RIL 'stole' natural gas from the wells where ONGC is contracted to operate in the KG basin, as alleged by ONGC.
Overseas education consultant NNS Chandra shares advice on how to pick the right international education.
'The UPA's claim of growth at 9.5 percent was absolute nonsense and a fraudulent claim because the country did not grow; it was only statistical growth.' 'I do believe that when there is a determined leader who wants to bring a desired change, the system will begin acting. Today, people think there is policy paralysis, but there is functional paralysis also.' 'When things start moving, people will invest. Many companies are holding cash, many people are not investing. Nobody is making any move. Everybody is waiting for the elections to get over.' Economist and Swadeshi Jagran Manch convenor Swaminathan Gurumurthy in conversation with Shobha Warrier/Rediff.com
Though the current National Democratic Alliance government has not endorsed the figure, it has not even repudiated it.
'If the government starts playing favourites, if the government acts in a manner which is not transparent, then natural resources which belong to not just you and me, but future generations, they fritter away. The anger against corruption, the anger against India's natural resources being looted is a consequence of the fact that within society there is a huge amount of turmoil and discontentment. Why should an Empowered Group Of Ministers or the Cabinet Committee on Economic Affairs decide the administered price of gas?' asks Paranjoy Guha Thakurta in this exclusive interview with Rediff.com's Sheela Bhatt.
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