'Flush with funds, lending became a cash management exercise.' 'Road projects, power generation plants, airports etc were financed left and right with apparently no regard for the projects' ability to repay,' explains S Muralidharan, former managing director, BNP Paribas.
In a surprise announcement in April, Sun and Ranbaxy -- at that time owned by Japan's Daiichi -- declared an all-stock deal to create India's largest and world's fifth-largest drugmaker in an over $4 billion deal.
With Beijing having had a profound rethink on India's admission as a full member of the Shanghai Cooperation Organisation, the tectonic plates of the geopolitics of a massive swathe of the planet stretching from the Asia-Pacific to West Asia are dramatically shifting. That grating noise in the Central Asian steppes will be heard far and wide -- as far as North America, says Ambassador M K Bhadrakumar.
With GDP down by 2 per cent, while 99 per cent of banned notes make way back to the banking system, whom did demonetisation benefit?
'The previous (Congress) government at least did not veto provisions of the cattle laws.' 'The BJP is actively weakening the provisions.' 'The BJP government tried to export goats from Nagpur for slaughter to the Middle East.' 'The whole country was aghast and offended. We are a country of Ahimsa.' 'The BJP has incentivised the butcher industry so meat export has gone up, live animal export has gone up, leather export is on the rise, smuggling has gone up.'
'Biometric Aadhaar-based surveillance is not only about violation of privacy, but also about the treasure hunt for unprecedented financial surveillance and economic intelligence in the economic history of mankind,' asks Gopal Krishna.
Those who have a long-range mission of true nation-building will pay close attention to World Bank's new action plan for fairness in all matters of land use, says Rajni Bakshi.
With only one day left, the Winter session of Parliament is on the verge of a washout as it failed to transact any business again on Thursday.
'The blood that runs in the veins of our family can never be anti-national.' 'They called Kanhaiya a traitor for questioning the Indian Army. Do they know that our cousin was killed by militants in Manipur while serving with the CRPF?' Archana Masih/Rediff.com travelled to the land of Lal Salam, Lal Sitara and comrades to find out what moulded India's most talked about student leader, Kanhaiya Kunar.
'People are tense. The morale of the perpetrators of the Kaliachak attack is very high.' 'People there fear that if the arsonists there could burn the police station today, they can burn the courts tomorrow; they will burn the collectorate.'
Prime Minister Narendra Modi on Thursday address Members of the British Parliament in London where he promised to open more doors of cooperation between the two countries and delved on issues like terrorism and United Nations reforms.
President Pranab Mukherjee on Monday addressed the first joint sitting of Parliament as mandatorily required under the Constitution after the general elections. The address is the political, economic and foreign policy road map of the Narendra Modi government and covers virtually all crucial areas.
'The root of the Kashmir problem lies in Partition. To solve the issue, we have to begin from there and settle it forever.'
The presence of Sri Lankan President Mahinda Rajapaksa was not the only reason why Tamil Nadu Chief Minister J Jayalalithaa stayed away from Prime Minister Narendra Modi's swearing-in ceremony, says N Sathiya Moorthy.
'Consider this image of today's youth in Bihar -- armed with a bike, a smartphone and possibly some illegal arms too, imbibing incessant stream of images from the Internet and television.' 'Some of them would turn into gau bhakts, some would listen with interest the exploits of Salafism, dig deep into the Internet to come out with images which cry vociferously that their respective religions are in danger.'
Indian economy about to take-off
The most immediate cause of worry is the recent volatility in foreign exchange markets, Prime Minister Manmohan Singh tells the Assocham annual general meeting.
The year 2014 is coming to an end. It was the year of conflict, the year of strife. Year 2014 will be remembered for several reasons -- the rise and threat of the Islamic State, the downing of two Malayasia Airlines aircraft and the sudden and effective way of using hastags on social media to generate a buzz about the event. After all, who can forget #theicebucket challenge and the phenomenon it grew into. Read on as we bring you an overview of international news and events of 2014.
