An estimated $344 billion has been illegally removed from the Indian economy between 2002 and 2011
With a sole mandate of inflation targeting, RBI wears many hats.
Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.
We need a change in mindset, says the RBI Governor.
Investor forum wants govt to take over exchange, raises doubts on claims of matching stocks; NSEL says default by brokers to be dealt with legally.
Sahara chief Subrata Roy may not come out clean in the biggest ever investment fraud that he allegedly did few years ago.
Restricted by state government orders, the ownership of such land could not be formally registered, so the advances made continued to be reflected in the accounts as 'advances against land'.
'The RBI is not releasing Rs 2,000 notes for the last 10 days; probably they have stopped printing it.'
What is required from government is intellectual framework.
RBI governor on the stress in public sector bank due to NPAs, and what is needed to be done to get the system back on track.
The stage is now set for the controversial three-day cultural event opening on Friday on the Yamuna flood plains even as Art of Living guru Sri Sri Ravi Shankar struck a defiant note that he will not pay Rs 5 crore fine imposed by Green Tribunal and would rather go to jail.
'Government of India has the right to give directions to RBI'.
R S Sundar, the site director of KNPP, on how the plant is producing 1,000 MW of nuclear power, the largest in the country.
He will now have to submit to the two-year jail term handed down to him.
'We feel there is definitely something murky in the system.' 'Will anyone believe that Nirav Modi will go to a branch and bribe a low-level officer?' 'Just look at the people with whom he had moved around.'
'Demonetisation, is in principal, a mistake, because it involves a theft -- a taking of private property by the State.' 'It is one of those bad Indian ideas that has been tried twice in the past, with two failures for the record books.' 'This cloud over the economy will probably remain as long as Modi is in power.'
The suspense over the controversial bill continues as the BJP insists that it was not introduced as Lok Sabha witnessed its stormiest proceedings ever.
Subrata Roy is in jail since March last year.
The DGCA probe detected serious issues related to safety oversight.
We can learn much from China with regards to making civil service recruitment more efficient, says former diplomat Kishan S Rana.
Stressing on the 'Make in India' initiative, a Ministry of Defence appointed committee has recommended enhanced private sector involvement by granting manufacturers tax and import concessions.
A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.
Empowered in the Modi government, junior ministers have enough on their plate.
Our large military requirements make for an enormous buyer's leverage, which the defence ministry fritters away in piecemeal purchases
Dabhol's assets will be demerged into the power plant and the LNG terminal.
'From the beginning (I have told her) "Whatever it may be -- you are losing or winning -- on the ground you're not going to cry!" She never cried.' '"I don't want you to project that you are a loser. You are a winner".' Vaihayasi Pande Daniel/Rediff.com speaks to Leela Raj about her famous daughter, now in the West Indies for the women's T20 World Cup.
'SBI is already too big. Too big to fail.' 'It already is a moral hazard. What will it do with 20,000 branches that it cannot do with 14,000, especially in these days of online and mobile banking?'
If the high security notes introduced in 2015 were kept in the system, the pain due to demonetisation can be ameliorated to a certain extent. But unfortunately, such thought process have no place in the hasty demonetisation decision.
ugar mills in UP owe thousands of crores to cane farmers.
'I've seen the craze for English education even among the poorest. But that is only for their sons. Parents feel thrilled when they see their sons going to school wearing a tie. They don't mind paying for their sons' private tuitions too.' 'But daughters are sent to municipal schools, madarsas, small schools where teachers with no teaching skills are paid Rs 2,000 or Rs 4,000. That's why more girls come to my class.' Syed Feroze Ashraf, who has sent 500-odd girls (and a few boys) -- all first generation learners, children of grave-diggers, hawkers, rickshaw-drivers, tailors and watchmen -- to college, speaks to Jyoti Punwani. A Rediff.com Special.
Five months after he was assaulted by a mob and forced to chant 'Jai Bhawani, Jai Shivaji,' Assistant Sub Inspector of Police Yunus Shaikh will return to the police force on July 21. Shaikh relives the assault and its aftermath in this interview with Rediff.com's Prasanna D Zore.
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