'He is seeking to harness the power of Indian Diasporas to national (support for India in global capitals) and political (enhance the Bharatiya Janata Party's support base) ends.'
The Indian economy was on an impressive growth path through the first decade of this century till it was brought to an abrupt halt by the policy inertia during UPA2 and the Modi government's inability to restore economic and financial momentum. Fascinating glimpses of what went wrong from Puja Mehra's must-read book The Lost Decade: How India's Growth Story Devolved Into Growth Without A Story.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
Earlier, a special CBI court had issued non-bailable warrants against Neeraj Singal, Vice Chairman and Managing Director of Bhushan Steel Ltd, and Purushotam Totlani, an alleged middleman, in connection with the Syndicate Bank bribery case.
In January Amit Shah launched the 'Bhag Mamata Bhag' programme in West Bengal. On Monday Prime Minister Narendra Modi rolled out the red carpet for Chief Minister Mamata Banerjee. What changed in two months?
Contrary to the bragging that marked its two-year anniversary, the government's timidity on reform is simply astounding.
The Looming Tower reveals the bitter CIA-FBI turf battles that led to the worst terrorist attack in America's history.
The options include involving jewellers as collection centres, addressing of issues that banks have been facing and using domestically available gold for giving metal loans to jewellers for domestic sales.
'So why didn't the police make it very clear that this is the line of investigation, this is what we are doing.' 'Nobody knows what kind of report was done.' 'Was she checked for (sexual assault)?'
A new generation of scholars -- this time, sociologists and anthropologists, who hitherto have been busy with researching social practices of primitive tribes and social structures like India's caste system -- are starting to cast their eyes on the financial sector.
In addition, he will have to move swiftly to control any damage that may have been caused to the bank's image and investor confidence due to the loan controversy
At this point of time, the requirement of the economy is obviously more investment, which will create more jobs and increase purchasing power that will sustain a high level of production, says K M Chandrasekhar.
Inflation pegs down currency value, re-allocates resources, reduces potential economic growth and leads to the attrition of gross domestic savings.
Insolvency professionals feel the bankruptcy code will deter defaulters, but NPAs will not cease unless banks are sensitised on credit appraisal and experts are hired by banks to inspect what is happening with their loans.
From the roll-out of GST to H1B visa problems, the government needs to quickly deal with various disruptions.
While naysayers say the economy is on a downward spiral, optimists point out that India has experienced a shift of gears in the realm of policies, thanks to several initiatives of the Narendra Modi government, says Ashok K Lahiri.
The Congress chief said if his party is elected to power, its government would spend 6 per cent of the GDP on education.
Obscenity, cheating and sexual exploitation are India's leading cyber crimes, reports Chaitanya Mallapur.
Claude Arpi reveals how Wing Commander Jag Mohan Nath won a second Maha Vir Chakra in the 1965 War.
Deccan Chronicle had taken a Rs 170-crore loan from Future Capital and Rs 100-crore loan from Tata Capital.
Satyam's employees had to undergo mental trauma, job uncertainty and financial problems, after many were forced to leave.
'Politics is full of struggle, especially for those from my background,' says Union Minister Kumari Selja in her first interview after Sunday's attack on her. 'It has always been a struggle and will continue to be so.'
The company and its sister concern, Forever Precious, owe close to Rs 5,500 crore.
The finance ministry is not only keen to split the roles of CMD, but also wants to appoint them for a fixed tenure of five years.
Banking is a boring business but still the banker should enjoy it as fancy awards and cozy relationships with politicians, Bollywood stars and corporate honchos cannot save them if the job is not done properly. In the concluding part of the series Tamal Bandyopadhyay wonders how long Kochhar would need to wait for her redemption or downfall and atonement.
The Indian-American community in the New York-New Jersey-Connecticut tristate area is being targeted by telephone fraudsters.
Aziz Haniffa/Rediff.com listens to four Indian and American national security advisers recalling the hard work that went into negotiating the nuclear deal.
India is experiencing jobless growth and skepticism abounding that the country may not be able to cash in on its demographic bonus
A list of all the foreign visits taken up by PM Narendra Modi this year and their outcomes.
'The Budget has maintained fiscal prudence while announcing a number of steps to boost growth, particularly in infrastructure and rural sectors.'
Maharashtra and West Bengal lead the way in bank fraud.
'Somebody will need to blow the whistle, call the play to a halt, and convince all players that they belong on the same side of the goal,' says Shekhar Gupta.
'Ishaqzaade released on May 11, 2012. It has been seven years. But if you had spoken to me on May 10, 2012, and said that I would do 13 films with so many good directors and actors, I would have said, 'Chal jhoota.''
What Headley's testimony does achieve is expose the Congress' ham-fisted attempts to taint an otherwise credible probe. That, however, does not become an assertion of Ishrat's membership of the LeT.
'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.
The online world is driven by convenience, simplicity and speed.
As Rose Valley resurfaces, Sudip Bandyopadhyay and Tapas Pal's arrests marks the end of the bonhomie between the TMC and BJP.
Clearly, rich Indians have little confidence in India. Perhaps we are also chronically dishonest.
A delayed monsoon and abundant cotton in the international market could spell trouble in the state's suicide zone.
