Like pharmaceutical companies globally - which used to enjoy a preferential exchange rate in Venezuela - Indian producers have been left badly stung by the collapse of the bolivar currency
Corporates' forex borrowings have grown at a CAGR of 15.6% since 2008.
Several Assamese-origin students studying in American universities met with Indian embassy officials to deliver a letter to President Pranab Mukherjee on the killing of over 32 Muslims in Assam as a result of election-related violence there. Aziz Haniffa reports
'Hrishi-da often voiced his disenchantment with Bachchan's Angry Young Man persona -- the 'maara-maari', the growth of sidelocks; he even said directors were killing Amitabh the actor and turning him into a stuntman. Yet, as Jaya Bhaduri jovially pointed out, the seeds of that seething persona can be found in Anand and Namak Haraam.'
India needs 1.4 million hotel beds a night but has only 2.4 lakh, points out Rahul Pandit, MD and CEO of Ginger Hotels.
'Since Pranab Mukherjee is the Custodian of the Constitution, he should present practical ideas to solve the problems he has been so outspokenly highlighting,' feels Sudheendra Kulkarni.
President Pranab Mukherjee, PM Narendra Modi, Congress leader Sonia Gandhi and Left parties, among others, condoled the demise of former Cuban president.
Government is looking at a "middle path" in resolving the "ticklish issue" of 'One Rank One Pension' demand of ex-servicemen, officials sources said.
'The Modi Model we see now is still the old Gujarat Model.' 'But with an acknowledgement that governing India is more challenging than governing Gujarat,' notes Shekhar Gupta.
George Yeo, the second Chancellor of Nalanda University after Nobel Laureate Amartya Sen, on Friday resigned from the post saying the varsity's autonomy was being affected as he was "not even given notice" of the leadership change in the institution.
'Investment is the only way India can counter the Chinese influence in the region.' 'With more and more investments, you will have more and more stake; the strategic importance of Sri Lanka can be fulfilled with investments.' 'Investments should come because the void which is created by investments is always going to be filled by Chinese companies.'
'Across the political spectrum, especially from the side of the NDA itself, there is complete disillusionment (with the way the BJP is treating its allies).' 'This leaves a very bad taste in the mouth.'
Crisis of growth is worsened by the challenging global environment and policy missteps. Returning to 9 per cent growth trajectory will be a tall order.
'It was a big relief to get it out of the way. Now he can concentrate on future progress.'
Watchdogs of the economy have not been barking and it is high time we noticed it, says Shreekant Sambrani.
20 inspiring quotes from Indian start-up journeys
The word 'superstition' doesn't exist in her dictionaries.
The delegation submitted a memorandum to the prime minister expressing "dismay at the lack of a political approach to deal with the situation."
The Saudi Arabian diplomat, who was charged with confinement and rape of two Nepalese women, on Wednesday night left the country.
The soul of India resides in pluralism and tolerance. This plurality of our society has come through assimilation of ideas over centuries. Secularism and inclusion are a matter of faith for us. It is our composite culture which makes us into one nation.
President Pranab Mukherjee, Prime Minister Narendra Modi, Vice President Hamid Ansari, Union ministers, Congress President Sonia Gandhi, Rahul Gandhi and various other top leaders have condoled Tamil Nadu Chief Minister J Jayalalithaa's demise and paid glowing tributes to her.
Following Bharat Ratna APJ Abdul Kalam's death, Twitter was flooded with tributes to the late president.
APJ Abdul Kalam was passionate about everything he did. He was perfect, says Aditi Phadnis
The idea is to boost household savings and turn more of them into growth capital. If the plan succeeds, sustained eight per cent-plus rates of gross domestic product growth should be within reach in a few years.
Eight Opposition parties joined hands to corner the government over its alleged "sinister" move to "strip" the AMU and the JMIU of their minority status.
'It was a battle that took many forms, ranging from non-violent mass satyagrahas, mammoth public meetings, huge protest rallies in cities and towns to underground organisation of sabotage of communication and transport networks, an underground radio, illegal patrikas (newsletters) and the formation of parallel governments in Ballia, Midnapore and Satara.'
'Never before in Bengal had a single party been re-elected with two-thirds of the assembly,' notes Trinamool Congress MP Derek O'Brien.
The BJP's faces for 2019 will be Dharmendra Pradhan, Piyush Goyal, Nirmala Sitharaman, Yogi Adityanath and Devendra Fadnavis, says R Rajagopalan.
Mamata Banerjee was on Friday sworn in as the chief minister of West Bengal for the second consecutive time, heading a 42-member ministry.
Suresh Prabhu must first work to repair damage to railways.
Bollywood wishes #HappyFather'sDay.
'I want my fans to remember me as the Sadhana of Love In Simla, Mere Mehboob, Woh Kaun Thi and Arzoo,' the Bollywood legend, who passed into the ages on Christmas Day, told Dinesh Raheja.
Captain Pradeep Shoury Arya is an Income-Tax officer whose mission against terrorists in J&K won him the Shaurya Chakra.
What are the most worrisome aspects of climate change for India? Can they be solved?
Tragic as it is, the submarine accident is more tactical in nature and it is the deeper strategic malaise across the board -- political, economic, security, judiciary, bureaucracy and even the media -- that has led to this dark mood of gloom and despondency, says Commodore (retd) C Uday Bhaskar.
'You are beginning your professional life in a time of global turmoil, when economic systems and the earth's eco-systems are in deep crisis.' 'Societies across the world are struggling with the complexity of technological and social change happening at a speed that our species has never experienced before.' 'May you be more excited than frightened by the times we live in.' 'Precisely because the crises are so deep, there are also unprecedented opportunities for pioneering and brave work that can transform society, culture and economy to create a much better world for your children.'
'The Modi government's greatest blunder is to exploit sensitive external relations in its domestic politics,' says Shekhar Gupta.
'The airline business is very dynamic. If you are unable to keep up and lead, you end up last.' 'This is what has happened to Jet.'
Gold is often considered a 'hedge' against an economic uncertainty.
The retrospective tax decision reversing the January 2012 Supreme Court verdict in the Vodafone case has often been cited as the reason for foreign investors losing confidence in India as an investment destination.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances