Shifting to a PPP model could repeat the errors of the past
The size of the hole in today's banking crisis appears to be roughly 10 per cent of GDP.
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Crony capitalism will of course generate investment and ensure profit for private capital, but it won't give employment or income to the people. If you can make money by selling coal or speculating in land, why produce electricity, why invest in research and development, why even set up factories, asks Praful Bidwai.
On one hand, Limaye will have to battle legacy issues, while, on the other hand, he will have to ensure that the exchange is able to maintain its leadership position.
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
'You can never bring about a change if you only bring in outsiders. Consultants will never feel what changes are necessary and where,' says Railway Minister Suresh Prabhu.
The Congress campaign is muted in Varanasi, but the party is hoping that anti-Modi votes and caste combinations will help Ajai Rai, the only local candidate in the fray. A Ganesh Nadar/Rediff.com reports from the Congress campaign headquarters.
The plan of UID/Aadhaar-based surveillance does not end with the collection of fingerprints and iris scan, it goes quite beyond it and poses a lethal threat to the idea of India, says Gopal Krishna.
Office space allotted to its functionaries at the Congress headquarters on 24 Akbar Road has, over the years, emerged as a reliable yardstick to measure a leader's standing in the party hierarchy, says Anita Katyal.
'This is the only country where success seems to be viewed as a bad thing.' 'Other governments and countries go out of their way to protect a successful organisation. Here we find ways of destroying it.'
Did you know that employers have to pay equal remuneration to its male and female employees who are carrying out the same or similar work?
Budget was a mild disappointment. Yet, the bull run continues.
Official talks were held between Modi and Seikh Tamim for multi-sectoral partnership and strengthening of Indo-Qatar ties following which the agreements and Memorandums of Understanding were signed on the second day of the Prime Minister's visit.
With a sole mandate of inflation targeting, RBI wears many hats.
Angry Congress members staged a walkout during Modi's address.
The absence of a clear underlying economic ideology in the Budget was quite evident, say experts.
Markets could slide again owing to conditions in Europe and the US.
2013 foreign currency non-resident deposits to mature in Sep-Nov
Benchmark indices finished higher on hopes of economic reforms
Even as Congress has announced plans to hold year-long celebrations to commemorate the 125th birth anniversary of BR Ambedkar, Prime Minister Narendra Modi is expected to lay the foundation stone for the 'Ambedkar International Centre' in New Delhi, the legacy of the Dalit icon becoming the focus of a contest between the rival parties
In 2013, the government awarded less than 1,500 km of road projects under the EPC mode after it found no takers for PPP projects.
'Mission XI Million is the most ambitious football engagement programme to date in India.'
Confusion is rampant within the Congress on what would be its role post May 16 when the results of the General Elections are announced, and whether or not the Congress should support any non-National Democratic Alliance or Third Front formation or even be a part of such an exercise. Renu Mittal reports
This Budget plans for an increase to 10.3% of GDP from 9.9%.
Govt is keen to push reforms in the insurance sector.
A possible, easier and less-complicated way for the Centre would have been to approach the SC with the same queries much earlier, before a ground-swell of popular sentiments and consequent political tensions had built up in Tamil Nadu, says N Sathiya Moorthy.
'Headley's testimony indicates to what extent the Pakistan government and its proxies can go to destroy not only Indian scientific talent but also international expertise.'
As fuel prices continue its northward march with petrol and diesel being sold at Rs 80.73 and Rs 72.83 per litre in the national capital, at least 21 opposition parties, led by the Congress have staged a Bharat Bandh protesting the rise in fuel prices and depreciation of the rupee.
Recently, Sebi has revised the Code of Corporate Governance for listed companies significantly. Most revisions are in sync with the provisions in the Companies Act 2013, though some norms are stricter than those in the Companies Act 2013.
Sweden has the world's highest negative rate.
A sovereign bond float continued to be among the range of options to address the current account deficit (CAD), Finance Minister P Chidambaram said on Tuesday, even as former Finance Minister Yashwant Sinha asked him to tell Parliament the Centre would not countenance that measure.
Pakistan on Saturday accused the US of deliberately trying to sabotage its peace process with militants by carrying out the drone attack that killed Taliban chief Hakimullah Mehsud, saying it would review the entire gamut of bilateral ties and cooperation.
The leadership styles of the two Gandhis being different, the party appears to be pulling in different ways. While Sonia Gandhi, the longest-serving Congress president, seems more predisposed to holding the government accountable on issues of probity, the younger Gandhi is more keen on taking up battles that ensure immediate victories.
It was in 1989, 39 years after the setting up of the Supreme Court in 1950, that Justice M Fathima Beevi was appointed. Meet the brilliant legal minds who have shattered the glass ceiling since then.
While the Congress leadership will undertake the mandatory introspection exercise to pinpoint the reasons for the debacle, Anita Katyal offers five factors which led to the humiliating rout.
'IAF is expanding at a rapid pace'
'I will be happy if walls are built between India and China!' 'We are going to nooks and corners of the country to make ordinary people realise the need to buy Indian goods so that our workers get jobs.'
'Both reflect prejudice and short-sightedness peculiar to Mr Modi's way of thinking.'
The Zakat Foundation of India runs welfare initiatives for the destitute and helps with the education of poor students. Upasna Pandey/ Rediff.com discover the origins of this organisation
RBI must balance the need for improving domestic bank credit demand and respond to lower inflation.
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