It has been said that by 2025, India could become among the top five economies in the world. If India does become a $5 trillion economy but gets all its rivers polluted, food chain poisoned and genetic pool depleted and biometric database of Indians sold or stolen at the behest of commercial czars, will it not be a pyrrhic economic victory, asks Gopal Krishna.
India's cities must switch over to piped gas leaving LPG cylinders.
'The chair is a referee in a match, whether this side is playing better or that side is playing worse is no concern of the chair.'
He questioned why only migrants from Pakistan, Bangladesh and Afghanistan will be given citizenship under the amended law and not the Sri Lankan Tamils.
Modi's second visit to Arunachal Pradesh was vehemently opposed by China which urged India to refrain from taking any action that may "complicate" the boundary question.
Acquisitions are done to synergise with existing offerings of firms; to strengthen or enter new areas, platforms or geography; find new customers for its products; keep parts of the acquired organisation, perhaps the digital in the case of Mindtree, and to sell others to increase its own value. Never is it to grow the acquired organisation more than itself, says Pankaj Chandra.
Four specific areas will be watched carefully in the first half of FY16
The meeting was convened by the Congress. Six major parties -- the DMK, the SP, the BSP, the TMC, the AAP and the Shiv Sena -- choose to stay away. The BJP took a swipe at the absence of major opposition parties at the meet and also said that their anti-CAA resolution must've made Pak happy.
Like Indira Gandhi, even Narendra Modi seems to be relying on directing public-sector banks through ministry of finance supported by party cadres, says Debashis Basu.
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Banking as we know it will stand on its head in the next 10 years.
Here's what borrowers must pay attention to before going for such medical loans.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
The last few months have been hard on digital wallets which had a short-lived dream run post-demonetisation.
Ayan Pramanik reports on former Infosys CFO V Balakrishnan's fintech firm, which aims to make borrowing easy for small firms and individuals.
'There must be thousands if not lakhs of people the government is illegally spying on.' 'Why should we enable this criminal activity by volunteering our details?'
Softening the demonetisation blow, the Budget for 2017-18 on Wednesday halved the tax to 5 per cent on incomes up to Rs 500,000 but proposed a new surcharge of 10 per cent on incomes between Rs 50 lakh and Rs 1 crore and raised duties on cigarettes and pan masala while stepping up allocations for infrastructure, rural, agriculture and social sectors.
'The BJP's election campaign promise of development isn't dead, it just doesn't look anything like what was promised.' 'The results are plain to see, which is why so many of us wake up with a knot in our stomachs, wondering what fresh new hell the day's news cycle will bring,' says Mitali Saran.
New strategy for Infosys by October, says Nandan Nilekani. New chairman's other priorities: Hiring CEO, reviewing Panaya probe reports.
Nilekani said new-age technology markets work on a winner-takes-all basis.
It is worth reconsidering if this fascination with either having a single party majority or Modi's leadership or, indeed, both, is such a great idea for India, says Udit Misra.
The proposed ban on cash transactions above Rs 3 lakh may hit luxury goods, jewellery sales and real estate.
Key questions remain about the operational and financial viability of a completely paperless bank such as India Post, says Mayank Jain.
Life in Telangana is likely to come to a standstill on Tuesday, thanks to the state government's Intensive Household Survey. Not just the state-owned public transport buses, even private vehicles, will remain off the roads.
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
'Their vote bank has shifted to the BJP; the Congress is yet to realise it.'
A new formula for pricing natural gas in the domestic market was determined; the decontrol of diesel prices was announced; and the scheme that directly transferred subsidies to bank accounts of users of liquefied petroleum gas (LPG) cylinders was modified and relaunched.
'As demonetisation showed us, the Shah-Modi duo can take big risks.' 'Risking economic damage for political benefit, however, is one thing, stoking old fires in complicated Assam is another', warns Shekhar Gupta.
India does not have a stringent privacy or data protection Act.
In an online chat with readers January 24, Rajeev Mahajan of Antworks answered queries on personal loans and peer to peer lending.
Manish Sabharwal tackles 5 criticisms of demonetisation.
The railways is expecting a revenue of Rs 1,84,820 crore during the current financial year (FY17).
Things are expected to change dramatically in a few years for urban consumers.
'The CAA should be kept in abeyance, without making it a prestige issue.'
'Laying down a clear policy on the future of illegal migrants will dispel anxieties and help in implementing the CAA, NPR and also the NCR,' suggests former Union home secretary Dr Madhav Godbole.
PM also came up with new acronym of Vikas--V for 'vidyut', K for 'kanoon vyawastha' and S for 'sadak'.
If companies get into trouble, the loan becomes a non-performing asset and "we very much want these assets to be back on track," Raghuram Rajan said.
Enhanced revenue generation is a priority for the government.
If this Budget was not packaged and sold as a Budget for the poor and for farmers, Narendra Modi would have lost the next election.
'Those who have seen the functioning of the Modi government in Gujarat know that the issues related to Hindutva and issues of economy and growth function simultaneously.' 'Modi's politics are based on the understanding of the middle-class consumer society which is in pursuit of material aspirations.' Sheela Bhatt/Rediff.com reveals the Modi government's economic and political plans for the year ahead.
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