India will get $35 billion from Japan over the next five years for developmental projects, including building of smart cities and next generation infrastructure as also cleaning of the Ganga, as Premier Shinzo Abe on Monday pledged to partner Prime Minister Narendra Modi's "ambitious" vision of inclusive development.
Budget should raise revenues & reduce spending to increase capital expenditure.
The overriding objective of the National Investment and Infrastructure Fund (NIIF) must be adequate economic return, not financial return.
After opposing Narendra Modi's anointment as Bharatiya Janata Party's prime ministerial candidate, a mellowed L K Advani on Monday praised him for development in Gujarat and hoped that all good tasks undertaken by party governments in states will be rolled out across the country.
In a conversation with Rediff.com's Indrani Roy veteran civil engineer Subhash Bhattacharya tries to ascertain the causes behind the collapse of the Vivekananda Setu, an under-construction flyover in Kolkata last Thursday.
The 30-share Sensex is up 253 points at 29,263 and the 50-share Nifty has gained 68 points at 8,829.
Over 75 per cent of India's daily coal output has been hit as the five-day strike by workers of state-run miners entered the second day on Wednesday, raising fears of disruption in power supplies.
'Jin Jiang had invested in Louvre Hotels.' 'Louvre, a couple of months ago, took a majority in Sarovar hotels.' 'So they are coming in now.' 'Look at the Chinese -- two quarters ago they took 25 percent in Hilton.' And then HNA also took majority in Carlson (Radisson).'
Read this and rest assured you can be on your own against venture capitalists and angel investors
'I found my motivation in the fast emerging mobile market.' 'Nokia's biggest mistake lay in its stubbornness to change.' 'It's important to understand the pulse of the people It has been a long journey for Md Gyasuddin, Hitech Mobiles MD.
South Korean President Park Geun-hye's visit to India will enhance economic and military ties between the two countries and give the relationship a strategic dimension, says Jiye Kim.
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