The past few years have seen a frenzy of phone launches.
'If the TRS, with 75% seats in the Telangana assembly, can be coerced into a sense of resignation by a tiny party that has just 10% of seats, then questions have to be asked about KCR's mettle as leader,' says Sudhir Bisht.
In ideologically discordant notes within Aam Aadmi Party, Captain Gopinath, pioneer of low-cost airline business, slammed the decision of AAP government in Delhi to reject FDI in retail, saying the party is "running in danger" of being branded like other parties of resorting to cheap and populist measures.
Poll arithmetic and ground reports give an edge to Lalu Prasad's RJD over Nitish Kumar's Janata Dal-United in the coming Lok Sabha polls. Mayank Mishra reports
Nathuram Godse's nephew and niece in Pune see him as a devout nationalist, not a contract killer.
The Indian government has simplified FDI policy inorder to attract global retail chains.
The Ambani brothers, Mukesh and Anil, came together on Thursday to raise the issue of stalled projects plaguing India Inc and implored the Maharashtra government and the Centre to make Mumbai, India's financial capital, an easier place for business and investments. "Several projects are stuck for many years in Mumbai and we would like to know how the government intends to improve the financing and execution of projects, including those relating to infrastructure and education which have been in limbo for long and are affecting the growth of the city," Reliance Industries Ltd (RIL) Chairman Mukesh Ambani told Finance Minister Arun Jaitley. Seated on the same table was his brother, apart from Tata Group Chairman Cyrus Mistry and State Bank of India (SBI) Chairman Arundhati Bhattacharya. Jaitley was addressing the Mumbai Next MMR Transformation conclave, organised by the Maharashtra government and Mumbai First here, through video conference. In his reply, Jaitley said the government was exploring several options of infrastructure financing in India and that a number of international bodies were ready to fund infrastructure development projects. He added the government was keenly considering these funding sources. While praising Maharashtra Chief Minister Devendra Fadnavis for honesty, Jaitley also had a word of advice. Apart from being honest, the government had to be decisive, he said. On his part, Reliance Group Chairman Anil Ambani told the chief minister about his experience of decisions being delayed due to an indecisive bureaucracy and the need to protect officials who wanted to take quick decisions. "Through the past many years, we have faced a number of obstacles in decision-making," he said, adding he was speaking as someone who had lived and invested in Mumbai. Fadnavis responded by saying he would bring about a transparent process to ring-fence officials. Both the Ambani brothers have announced a number of infrastructure projects in and around Mumbai, including a world-class convention centre in Bandra Kurla Complex by RIL, but very few have actually fructified. RIL's special economic zone project failed to take off due to land acquisition problems in Raigarh, while a second SEZ near Mumbai is stuck due to lack of clarity in SEZ norms. The first phase of the Mumbai Metro, set up by Anil Ambani's Reliance Infrastructure, was marred by cost overruns and run-ins with the government over fares. Subsequently, the company withdrew from the second and larger phase, citing inordinate delay. Anil Ambani also withdrew from Mumbai's sea link project on the same grounds. The brothers had also bid for a trans-harbour sea link between Navi Mumbai and Mumbai under the Congress-Nationalist Congress Party government, but their bid was rejected. Reliance Infrastructure is also the power supplier to more than half of this city. Participating in the conclave, some of India Inc's leading bankers said making Mumbai a financial hub would take at least a decade. SBI's Bhattacharya said the Indian currency should be made fully convertible and facilities should be created for it. "However, for this, the economy needs to look up and that will happen only in the next 7-10 years, not immediately," she added. Sunil Kaushal, Chief Executive Officer of Standard Chartered, India, pitched for strong infrastructure to support development. "We will take a long time to develop into a global financial centre. We need to solve transport bottlenecks in Mumbai and have lifestyle facilities for people working in and around these areas," he said.
Parliament on Wednesday saw a washout as the Opposition aggressively pressed for ouster of Sushma Swaraj, Vasundhara Raje and Shivraj Singh Chouhan, rejecting the government's offer for a debate.
'With the country is a crisis that directly affects hundreds of millions, we will know if Modi has grip,' says Aakar Patel.
She needs to find innovative ways to at least match the growth during Gehlot's rule.
How has Raj Thackeray, who is as much a businessman as politician, been able to pull it off, when most Opposition politicians live in fear of IT and ED and CBI, asks Krishna Prasad after attending a Raj rally in Nashik.
Rajini's call may now force other political parties, including the DMK and the Congress, who are in alliance talks already, to come up with water proposals of their own in their poll manifesto. In a way, this may be a 'tactical victory' for Rajinikanth, says N Sathiya Moorthy.
RIL, its partner BP plc of UK will invest about Rs 6,000 crore (Rs 60 billion) by 2016 to help sustain and improve recovery from the two main gas fields.
Most of the opposition parties blamed Rashtriya Swayamsevak Sangh-affiliates for the cow vigilantism.
Amid the bitter war of words between the Congress and the Bharatiya Janata Party, Rahul Gandhi on Monday accused Narendra Modi of being discourteous to his opponents, adopting double standards on corruption and favouring select industrialists.
Self-proclaimed heir of Rani Rashmoni, lottery baron join businessmen in the list of MP-aspirants with assets worth over Rs 100 cr, reports Abhineet Kumar.
Converting what was supposed to be an interim budget or a vote on account into an almost full-fledged budget announcement in the Lok Sabha, Finance Minister Piyush Goyal proposed an array of incentives for both middle-class and farmers, whose disenchantment was said to have cost the BJP dearly in recent assembly elections.
'The numbers have been scaled down for the Trinamool Congress. Today, the upper number of victories seems to be 30, with 25 seats being the realistic option. The Trinamool Congress may still be the largest non-BJP, non-Congress party in the next Lok Sabha, but it may not make it to the Cabinet table, leave alone sit in the top chair,' says T V R Shenoy.
State after state has imposed an alcohol ban, and has had to retreat, unable to address the financial and administrative fallout. Are we set for more of this cycle, asks Aditi Phadnis.
'There has to be an 18-month transition.' 'But if the government had some prior knowledge that the high value notes were being used for an imminent terrorist activity in the country, then we have to accept the step.'
'When you think back to the promises made 10 years ago, not a single one of those had panned out to date.'
'Promise less, exceed expectations' should be the lesson for the Modi government
The city needs some autonomy, or it will continue to decline in all the ways that are familiar, observes T N Ninan
Thirty Members of the Karnataka Legislative Assembly are headed to South America to 'study' the waterfalls in the Amazon forests.
'When Sachin Tendulkar bats, no one in India cares if he is from Mumbai or if he is a Hindu or a Brahmin or whatever.' 'We just want him to win it for India.' 'The same is with Modi and the people who voted across caste and regional lines for him.' We want him to win it for India,' says Madhu A K.
A global group of government anti-money-laundering agencies said that financial institutions have not done enough to police suspicious financial activity by officials at soccer's global governing body FIFA.
Even as India continues on the priority watch list of the Office of the US Trade Representative, strong voices from Washington, DC, have spoken out in favour of India, reports Aziz Haniffa/Rediff.com.
The Governor had submitted his report to the Public Accounts Committee and put the blame on 'overall economic downturn'
The remark by Agrawal was expunged by the chair even as it came for a strong condemnation from the BJP.
The current draft of the Goods and Services Tax could kill any hope of economic revival - and you should blame the Congress if it rolls over and lets it pass, says Mihir S Sharma.
The public-private partnership model is a compulsion, says the minister.
Following is the full text of Congress vice-president Rahul Gandhi's speech at FICCI's 86th annual general meeting on Saturday:
The passage of the Bankruptcy Code could set the stage for other important legislation that may see India undergo more economic change than all governments combined since the reforms implemented by P V Narasimha Rao in 1991-93, says Ben Merton.
EduBridge is emerging as a strong player in training unemployed youth.
'I used to be humiliated.' 'If I would approach an actor, he would just say hello and then turn away.' 'That's when I understood the whole game of the industry.'
Trupti Desai's fight earned women the right to enter the inner sanctums of the Shani Shingnapur Temple, the Trimbakeshwar Shiva Temple and the Haji Ali Dargah. Her next target is Sabarimala in Kerala. Aditi Phadnis reports.
It was the rejection of the Congress' welfarist economics by voters that led to the party's drubbing, says Andy Mukherjee.
Data captured in central government records have a lag.
A bipartisan Congressional resolution has been introduced in the House of Representatives calling on the US government to continue the policy of denying a visa to BJP's prime ministerial candidate Narendra Modi on the grounds of religious freedom violations.
The state is trying hard to improve ease of doing business by several notches.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances