The Karnataka CM with only 37 JD-S MLAs in the assembly is on shaky ground and overly dependent on the Congress for every decision, reports Bibhu Ranjan Mishra.
"We believe in peace and we are giving a message of peace from here. But, their generals should understand that we have a large Army and we are prepared..."
It was an extraordinary turnaround for an Olympics that was expected to be held without major issues by a country known for public safety and economic stability. It also revealed a fatal miscalculation by Japanese and IOC officials of public sentiment at a time of heightened fears over the coronavirus.
New Delhi has made it clear that any blow to its outsourcing industry would make the country less receptive to helping American companies that run into trouble in India
In an interaction with Jash Kriplani, A Balasubramanian, managing director and chief executive officer, Aditya Birla Sun Life Asset Management Company, shares his optimism on what makes him believe that these cuts can help in addressing multiple issues plaguing the economy, without letting fiscal deficit pose any major risk.
Pierre Nanterme, group chief executive of management consultant and transaction-services-provider Accenture, which reported a 6 per cent rise in net revenues to $6 billion in the first quarter of FY09, acknowledges that the environment is tough and clients have become more demanding.
'I pack my water, biscuits, books and tent, and take my place in the queues.' 'Every time I get close, cash runs out.' 'Deserted shops, my dry bank, the empty ATMs -- this entire gigantic shitstorm is now more real and easier to process,' says Mitali Saran.
RBI's intervention in the currency market is through public sector banks.
Modi addressed Bharatiya Janata Party's Parivartan Yatra through mobile phone from Lucknow after the Indian Air Force chopper carrying him failed to land in Bahraich due to poor visibility.
'There is no difference between the earlier government and the present government.' 'They are all following the economic policy based on the Chicago School of thought.' 'This school of thought says the government should have very little role in governing the country and the majority of the work should be handed over to the private sector.' 'This has not succeeded in the US.' 'Yet, it is being tried here by people like Arvind Subramaniam, Arvind Panagariya, Urjit Patel and Raghuram Rajan.'
Mallya has lived on the edge for long enough to know that his extradition from UK is not a given, says N Sundaresha Subramanian.
In a nation divided by many things, the 12-digit unique identity number is holding lives to ransom.
'The Nagas want a flag of their own, to share the Kohima skyline with the national tricolour.' 'The the government says you can have a flag for cultural and ethnic occasions.' 'The Nagas say that will be a bit like an NGO having its own flag,' argues Shekhar Gupta.
'Tilting at the Government in English in front of India may make him feel like Joan of Arc, but without a feel for Bharat he will merely be Don Quixote,' says S Muraleedharan, former managing director, BNP Paribas.
Quoting people familiar with the matter, 'The Wall Street Journal' said: "Executives at Citigroup Inc, faced with a plunging stock price, began weighing the possibility of auctioning off pieces of the financial giant or even selling the company outright."
He is now the first non-Congress chief minister to win a second term in office in the state, seen as a Congress bastion until just five years ago.
"Our agenda is to fight for a country free of corruption and black money. But their agenda is to close (disrupt) Parliament...I am puzzled," Modi said.
The tea industry, hit by rising costs, falling prices and political unrest in the North Bengal plantations, is especially vulnerable to the COVID-19 lockdown.
National Australia Bank is one of the key customers Tech Mahindra executive vice-chairman Vineet Nayyar will be meeting next week. Nayyar will be in town to spread Satyam's new identity after it was renamed Mahindra Satyam, and try to regain its standing with the NAB and clients such as Qantas and Suncorp. Satyam continues to provide application development and IT maintenance services to the NAB.
'Significantly, Foreign Secretary Gokhale was received at very high level in Beijing.' 'It only shows China's keenness to move forward and put the relationship on a 'win-win' footing,' says Ambassador M K Bhadrakumar.
The special court on Monday rejected Kingfisher's plea challenging ED's claim that Rs 430 crore (Rs 4.3 billion) was siphoned off and used to acquire properties abroad.
'Clawback' provisions tied to federal bailout funds will be hotly contested. Right now only bankers who committed clear fraud are liable
'In one instance of the Pakistani army's violation of the Ceasefire, I ordered a far tougher response designed to deter the enemy.' 'I warned that 'unexpected damage' to their forces will be inflicted if they continued with such ceasefire violations.' A fascinating excerpt from Lieutenant General K Himalay Singh's Making of a General: A Himalayan Echo.
The hosts cannot afford to take England lightly, as the visiting team boasts of some of the big names in women's cricket.
Five years after the catastrophic collapse of the Wall Street, the American economy is growing and the businesses are creating jobs, Obama said yesterday while nominating Timothy Massad to run the Commodity Futures Trading Commission.
A Communist Party of India-Marxist leader in Marxist-ruled Tripura who lay on a bed of cash withdrawn from his own bank account to fulfil a long cherished dream, is in deep trouble with his party.
Fadnavis claimed the BJP was "beyond running behind anyone" as the people of India were with the party and the leadership of Prime Minister Narendra Modi.
A combination of farm loan debt waivers by state governments and the implementation of the pay commission award could entail some fiscal slippages and pose a risk to inflation
US Senate on Wednesday passed the $700 billion financial bailout package by a wide margin of 74-25 votes.
LIC, ICICI Bank, PNB to have nominees on board; firm asked to sell non-core assets.
Force India, who finished sixth overall last year but whose owners have had financial troubles, missed the first test in Jerez.
HFCs and banks expect a drop in demand for housing loans in the short-term.
Targeting the Bahujan Samaj Party and the Samajwadi Party, the PM said the two never see eye-to-eye on any issue but are now together demanding his removal as he is working to root out blackmoney.
Highlights of Prime Minister Narendra Modi's address to the nation on India's 69th Indepedence Day from the ramparts of the historic Red Fort.
The Lok Sabha will start a discussion on the Budget on Wednesday.
I would say it was unwise, but not necessarily wicked. I suggest that Satyam was ill-served by its M&A investment bankers and lawyers regarding the public-relations backlash such a move would cause
Household names such as Tatas, Birlas and Ambanis, on whom small investors banked with their eyes shut, proved no guarantee for the safety of investment in the market where cumulative wealth of all listed companies got eroded by over 50 per cent during the year. And analysts are predicting more troubled times ahead - at least till the first half of 2009.
The Nifty closed with a gain of 16 points at 1,618.
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