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The toxic brew of fiscal populism, crony capitalism and bad economic management has ensured the collapse of economic growth, industrial stagnation, stubbornly high consumer inflation, declining savings and investment, shrinking employment opportunities, and a dangerously vulnerable external financing situation.
Harassment, corruption and the burden of compound interest for years are also the reasons.
Promoter entity RRPR - owned by Prannoy and Radhika Roy - says allegations baseless; replies to queries by Sebi.
Economists expect Modi to announce big-bang reforms.
Chaos in Parliament threw a spanner in the government's efforts to revive the economy and kick-start reforms.
'The transmission sector is going to be the next sunrise industry.'
Global rating agency Fitch on Friday pegged India's growth at 5.5 per cent in the current fiscal and 6 per cent in 2015-16 and affirmed the country's rating outlook at stable level.
Bank credit growth, still sluggish, could see a rise if the Reserve Bank of India decides to cut interest rates, believes Ashima Goyal.
Managing expectations is a challenge for policymakers.
A look at the life and times of maverick businessman Chinnakannan Sivasankaran
I have no hesitation to say that the cultural milieu is different, said chairman R Seshasayee in a rare media interaction.
Business reacted with caution to the reforms of 1991, and demanded protection from multinationals and imports. Twenty-five years later, traces of that demand can still be found, reports Bhupesh Bhandari.
Much of the tardy reaction to competition is the result of LIC's legacy.
The US Federal Reserve has raised its benchmark interest rate by 0.25 per cent, only the second increase in a decade.
PwC one of the big four audit firms, has expressed disappointment at the conviction of two former partners in the Satyam scam.
Sanjay Mathur, managing director and head of economics research for Asia Pacific (ex-Japan), Royal Bank of Scotland, tells Business Standard that in the emerging market pack, India needs to learn lessons from Korea and Taiwan, which have managed their economic situations well.
Availability of Wi-Fi is also expected to provide local airlines an additional source of revenues amid stiff competition in the fast growing Indian aviation market.
'Indian cricket is in the safe hands of excitingly talented cricketers. No team can afford to underestimate India. If they do, it is to their peril.'
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.
After helping the government in policymaking since October 2014, Chief Economic Adviser Arvind Subramanian is returning to academics and will be teaching at Harvard Kennedy School on a visiting position. In an interview to Dilasha Seth and Somesh Jha, he says the ease of doing business agenda needs to move forward and India must try to integrate with the global value chains. Edited excerpts.
'I am not surprised that hubris brought Chanda Kochhar down. It would appear that as a person she thought she could do no wrong and as a leader she considered herself above what her company demanded of others in terms of financial probity and honesty. That, my friends, is NOT a good way for a leader to feel,' says S Muraleedharan, former managing director, BNP Paribas.
A moderate GST rate obviates the need for the two-rate structure.
A new book may help companies in getting corporate social responsibility right, notes Ajit Balakrishnan.
New strategy for Infosys by October, says Nandan Nilekani. New chairman's other priorities: Hiring CEO, reviewing Panaya probe reports.
'Concerns about India's future are hampering private investment.' 'If the private sector sees strategy, teams and execution on these issues, this will inspire confidence in India.' 'This should be our main strategy for 2017,' says Ajay Shah.
India is experiencing jobless growth and skepticism abounding that the country may not be able to cash in on its demographic bonus
An International Policy Network report in 2010 found that seven per cent of drugs bought from wholesale traders were substandard, and 3.6 per cent of the drugs from traders contained no active ingredient whatsoever.
Air India's outgoing CMD Rohit Nanda helped the airline tide over crisis.
'We need to take steps towards ease of doing business.'
Admittedly, EVMs too have a UID number and any convergence of data can make the secret ballot system a party of history, warns Dr Gopal Krishna in the 5th part of his series against Aadhaar.
The Aam Aadmi Party has demanded the dismissal of Telecom Minister Ravi Shankar Prasad alleging a conflict of interest that has prevented him from issuing a notice to Mukesh Ambani's Reliance Jio on the 4G issue, a charge vehemently denied by Prasad who said he never gave advice or appeared for the company.
'The overall stress on asset quality is indeed coming down.'
'Tax dodging through tax havens is one of the ways multinational corporations and the super-rich in India are using to evade taxes.'
'There is a Jack Warner or two in every Caribbean parliament today.'
Blue light-emitting diodes help create the glowing screens of mobile phones, computers and TVs and promises to revolutionise the way the world lights its homes and offices.
'We have to find a way out of this confrontational politics.'
Presenting the Narendra Modi government's maiden Rail Budget, Railway Minister Sadananda Gowda announced setting up of logistic parks and private freight terminals on PPP model.
The assessment of PMJDY should be done within the context of the programme.
Enormous debt isn't the only thing afflicting Air India. Its work culture is an equal culprit in its downfall.
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