Chidambaram said he feels that Dassault 'is laughing all the way to the bank', as the NDA government gave a 'gift'.
We dance on every small achievement and forget the long-term objectives: Ajit Gulabchand, MD, Hindustan Construction Company.
The fear of another scam pushed the government into a rather long period of so-called 'policy paralysis'. To play it safe, the price of spectrum in all subsequent auctions was benchmarked to the high 3G rates, says Surajeet Das Gupta.
Air India needs to up the ante in order to compete with rival carriers.
A better system of operating central and state PSEs, and indeed all commercial activities of the government, would require eliminating the current system that oversees them.
'We will continue to ask why Modi and his government were benefactors to this AgustaWestland company, why within 40 days they overturned the ban?'
According to a new subsidy sharing formula, the payout of upstream oil producers like ONGC is to be reduced to the extent of Rs 4,500 per tonne oil development cess they pay to the government, sources privy to the development said.
'In China there is capital punishment for heritage theft. That is how they treat criminals, unlike us.' 'Here we treat them like it's a house-breaking theft.'
Analysts were expecting the government to propose higher capital infusion for banks.
India's telecom sector has been through dizzying peaks, troughs, policy U-turns, court battles, brutal competition, and daily controversies. India could go back to a private sector duopoly with just Reliance Jio and Bharti Airtel surviving the mayhem. The third player, Vodafone Idea, could be history.
In the long run, the decision could bring clearer rules to a sector that has failed to provide India with enough power because it has been so hamstrung by confusion and scandals over concessions allegedly handed to government cronies.
Mr Modi, it came across, did not want to be seen as favouring any one business group.
'We have to go through the process of obtaining informed consent.'
Mr Modi can create a small temporary team in the PMO whose only job would be to listen to businessmen's mann ki baat referring to global best practices.
What should concern the Indian citizen is not the fact that the world's biggest assault rifle purchase was scrapped. What should is the fact that the tender was for a type of rifle that has never been produced, says Nitin Pai.
'The current budgetary practice of shifting expenditures off-balance sheet in order to be seen to be meeting fiscal targets should be discontinued; additional fiscal stimulus would be imprudent; individual income tax rates should not be cut; GST rates should not be raised now,' advise Arvind Subramanian and Josh Felman.
Rates to go up as Delhi power regulator works out plan to liquidate past dues.
'If the RBI had done the right things, these mistakes would not have happened in banks, public or private,' says Ajay Shah.
After building a subscriber base of nearly 50 million in about eight chequered years, it finally gave up as it saw itself up against a 600-pound gorilla that breezed through double that many subscribers in a fraction of that time, says N Sundaresha Subramanian.
Traders are waiting for the earnings season to kick off.
Though Indians were no strangers to scams, spectrum loss was beyond their wildest imagination.
Folk artist from Chhattisgarh Teejan Bai, Guelleh, Naik and theatre actor from Maharashtra Balwant Moreshwar Purandare will be honoured with Padma Vibushan.
The judgment in the 2G case is a huge, huge, indictment of the criminal investigation and justice system, says R Jagannathan.
Just before the elections, the government waived interest on loans up to Rs 300,000 for farmers. But this may not really help small and marginal farmers in the state, who make up for two-thirds of the total and are still dependent on informal channels of credit.
Before undertaking such difficult projects as a 378-km railway line to Tawang, the government must seriously examine whether having quality roads is a better option.
The problem of stressed assets needs to be addressed with effective recovery.
The PM also took a swipe at 79-year-old Gogoi who had called the assembly election as a direct fight between him and Modi, saying he can only pay his respects to the elderly leader.
GSTN CEO Prakash Kumar tells Sudipto Dey how IT can improve service delivery of government departments.
The overriding objective of the National Investment and Infrastructure Fund (NIIF) must be adequate economic return, not financial return.
The 'context' of the launch of GSAT-15 highlights that India has much ground to cover in the transponder arena while in satellite navigation arena ISRO's progress has been satisfactory, says Ajey Lele.
The Gomti Riverfront Development project, the Agra-Lucknow Expressway, the Jai Prakash Narayan International Centre and the efforts towards the beautification of Old Lucknow are some of Akhilesh Yadav's initiatives that are the subject of investigation.
The BCCI submitted a 60-page affidavit to the Supreme Court in which it stated it's opposition to certain points in the Lodha Committee report including one association and one vote for each state and also the inclusion of a representative of the Comptroller and auditor general (CAG) in the Board.
Justice S N Dhingra Commission, which was set up to probe into grant of land licences to some companies including that of Robert Vadra's in Gurgaon during the Congress rule in Haryana, on Thursday sought six weeks more time to submit its report hours before the deadline was to end.
Government claims big successes in agriculture, rural roads & investment scenario.
Indradhanush-II is likely to chart out the process for resolution of non-performing assets.
'It is not as bad an airline as it is made out to be: We serve wonderful food, the leg space is more, our cabin crew is warm and friendly.' 'The customer needs to be apprised of these things.'
Whistle-blower officer Ashok Khemka has been shunted again, in breach of rules by BJP government in Haryana. All actions of the previous Congress govt against him still stand even as the Narendra Modi government has chosen to keep away.
The Supreme Court judgement will hopefully ensure that those in power and authority will hesitate before allotting precious natural resources that belong to each and every citizen of the country in an arbitrary and corrupt manner, says Paranjoy Guha Thakurta.
Corporate legal cases kept India Inc on its toes in 2014 as high stake matters on coal, telecom and mining came up in the Supreme Court, which also sent Sahara Group chief Subrata Roy to jail.
The Supreme Court today ordered that former Comptroller and Auditor General of India Vinod Rai will supervise special audit of property of Kerala's famous Sree Padmanabha Swamy temple, which is facing charges of financial irregularites, and constituted a new administrative committee headed by District Judge, Thiruvananthapuram.
