During his first Union Budget in July 2014, former finance minister Arun Jaitley announced the setting up of an institution called 3P India, with an allocation of Rs 500 crore. The intention was to mainstream public-private partnerships (PPPs) in India. The plan was to bring together the capacities of the government and private sector to push PPP projects.
Mere shuffling of resources or cosmetic changes to prove a point would be counterproductive in the long run, observes Commodore Venugoptal Menon (retd).
The Nifty Bank index has come off 15 per cent from its peak in February, underperforming the benchmark Nifty which is down 6%.
HCL Technologies on Monday said its founder Shiv Nadar will take on the role of Chairman Emeritus and Strategic Advisor to the company's board. Nadar, chief strategy officer and managing director of the company, on completing 76 years of age, has tendered his resignation as the MD as well as the Director with effect from close of business hours on July 19, according to a regulatory filing. "In order to continue to benefit from his vast knowledge, experience, and wisdom in an advisory role, the Board of Directors in its meeting held today, after considering the recommendations of the Nomination & Remuneration Committee, has approved the appointment of Shri Shiv Nadar as the 'Chairman Emeritus and Strategic Advisor to the Board' for a term of five years with effect from July 20, 2021," it added.
It is learnt that China placed a hold on the proposal by India and the US to designate Mahmood as a global terrorist under the 1267 Al Qaeda Sanctions Committee of the UN Security Council.
"We will fight our case in court against Pak govt's illegal action," said Saeed.
India's Virat Kohli and Suryakumar Yadav were named in the Most Valuable Team of ICC T20 World Cup 2022.
Prime Minister Narendra Modi on Monday urged people to pledge not to do anything that lowers the dignity of women, saying a mentality to insult them in speech and conduct has crept in.
The government will investigate every Indian name appearing in an unprecedented leak of financial records, known as the 'Pandora Papers', which alleged that many world leaders have secret offshore stores of wealth.
Four Hinduja brothers -- Srichand, Gopichand, Prakash and Ashok -- had in 2014 signed on a document saying the assets held by one brother belong to all, and that each of them will appoint the others as their executors. But now family patriarch Srichand Hinduja, 84, and his daughter Vinoo want the letter to be declared of "no legal effect" and the family's assets be separated as per his wish of 2016.
Speaking at the Rashtriya Swayamsevak Sangh's Dussehra rally in Nagpur, Bhagwat said community-based population imbalance is an important subject and should not be ignored.
Sharad Pawar reckons that the NCP has value as a united, going concern, not as a gaggle of leaders in search of followers, notes Shreekant Sambrani.
A new CBDT directive actively makes India-dedicated funds comparatively unattractive for institutional investors. It makes no sense, says Akash Prakash.
Miss Teen World 2019 Sushmita Singh shares her inspiring journey to the top.
ndependent of the political fallout, which Stalin has sought to arrest through the withdrawal of the measures as fast as they were introduced, there are concerns about the way those decisions came to be taken, without adequate application of mind, not in official terms but in political and electoral contexts, points out N Sathiya Moorthy.
At India Economic Convention organised by India Foundation, Parekh said the country needs $1 trillion in the 12th Plan of which 47 per cent was to come from private sector, but it has not happened in the first two years of the Plan period.
The Income Tax Appellate Tribunal has accepted BCCI's submission that the latter's objective is the promotion of cricket and it enjoys the power of holding IPL for achieving its objective, reports Indivjal Dhasmana.
India will need an annual investment of Rs 15 trillion in infrastructure over the next five years, says Chandrajit Banerjee, DG, CII.
The American-origin drones have been inducted by the navy under the emergency procurement powers granted by the defence ministry in view of the India-China border conflict.
The India-Japan joint naval exercises are a strategic signal for China, observes Dr Rajaram Panda.
While she primed up spending on infrastructure to create jobs and boost economic activity, Sitharaman did not tinker with income tax slabs or tax rates. Her Budget for the fiscal year beginning April 2022 proposed a massive 35 per cent jump in capital expenditure to Rs 7.5 lakh crore, coupled with rationalisation of customs duty, an extension of time for setting up new manufacturing companies and plans for starting a digital currency and tax crypto assets.
Tata Steel delivered one of its best financial performances ever in the third quarter of the current financial year, and surpassed its deleveraging target of $1 billion. In an interview, Koushik Chatterjee, executive director and chief financial officer, Tata Steel, tells Ishita Ayan Dutt that the company will continue to focus on deleveraging but profitable and value-added growth will be equally important.
'Coalition governments, sometimes assumed to mean years of political instability, actually saw key institutions emerging with greater strength -- the Election Commission, the judiciary, the press, and civil society at large, among others.' 'The question now is whether the clock is being turned back in a new political phase,' asks T N Ninan.
Digital, cloud, engineering services, and cybersecurity will drive Wipro's growth. 'Based on approval from the board, we have decided to step up our investments significantly in these four big bets,' Premji said in his last address as executive chairman.
Experts said India has possessed the anti-missile technology for several years but needed the political go-ahead to actually test it in live conditions.
Maybe Modi could ask a patriarch of the stature of the late G D Birla to flesh out the details of a new company to manage government land privatisation.
Bigbasket's founder V S Sudhakar said his company was reengineering its supply chain to allow for faster delivery to its resellers and to reduce the time from farm to customer.
'We expect the bull run to continue until economic growth continues.'
'The BJP's problem is what rabbit can it pull out of the conjurer's hat?'
While acknowledging Shivaji's naval contributions, questions are being raised about the inadequate acknowledgement of Chola sea-power in southern Tamil Nadu, which dates back by a few centuries, explains N Sathiya Moorthy.
"The government feels the industry needs some government oversight and can't be left unregulated. A panel of bureaucrats will soon submit their recommendations on the subject," said an official.
This was mostly driven by Qatar Foundation Endowment's $1.26 billion investment in Bharti Airtel.
LeT commander Abdul Rehman al-Dakhil was named as a Specially Designated Global Terrorist (SDGT) by the Department of State.
'From the time India liberalised in the 1990s, the government has policies are for facilitating the growth of the manufacturing sector.' 'The policies were put in the hope that growth of the manufacturing sector will lead to increased employment,' points out Chidambaran G Iyer, Senior Fellow, Pahle India Foundation.
Sushma Swaraj, like Clinton, has a strong political base in her own party and is likely to have her imprint on foreign policy, says Ambassador T P Sreenivasan.
'Learning to learn should be given more importance than what is actually being learnt,' recommends Zaki Ansari.
'Our focus is not going to be metro to metro routes.' 'We will begin by focusing on metro to non-metro (routes).' 'Metro to tier-2 cities or tier-3 cities is where there is a lot of space for affordable, efficient carriers.'
Before migrating into the theatre command concept, it would be worthwhile to study the shortfalls experienced by the Tri Services Command in the Andaman and Nicobar islands and make good the deficiencies, suggests Commodore Venugopal Menon (retd).
A homoeopathic state of mind pervades our thinking in governance and infrastructure-building. Do it in small, harmless doses, but nothing bitter, sharp, or bloody, says Shekhar Gupta.
In a departure from the past, when IHCL adopted the organic route for entering markets like London and New York, this time around the expansion will be acquisition-led.