After one year in power, Prime Minister Narendra Modi is pretty much on the back foot, even if he continues to display bravado in his public pronouncements. He knows within his heart that he has wasted a lot of his political capital without getting much in return, says M K Venu.
'The Modi government needs some big private sector trophies to affirm its anti-corruption credentials before the polls.' 'So on whose neck will the sword fall next?' 'To that extent, the outing of the ICICI Bank-Videocon story is cathartic,' says Shekhar Gupta.
Say their aggregate borrowings were "well within the norms"
Benchmark indices finished higher on hopes of economic reforms
'Stand-alone' trip to North American nation and a strong track record in Gujarat open doors to business.
From Swachh Bharat to spearheading the Make in India campaign, the PMO seems to be at the centre of all policies, writes Nivedita Mookerji.
The party's research centre, overseen by chief Sonia Gandhi, provides members with solid facts that can be used to target the Centre.
Under siege, Nitish plans to tweak Bihar's anti-booze law
South Korean President Park Geun-hye's visit to India will enhance economic and military ties between the two countries and give the relationship a strategic dimension, says Jiye Kim.
PwC wants to know what will happen when a company with substantial reserves is merged into a new concern and the resultant entity is converted into a limited liability partnership.
The government managed to raise revenues by sending notices to high net individuals to did not file I-T returns last year.
India remains North Korea's 2nd-largest import source after China, according to several estimates by multilateral bodies, says Subhayan Chakraborty.
At the heart of the issue is the way e-commerce is defined in the current draft policy.
Middle class constituted about 49 per cent of the total tax payees in financial year 2011-12
China with 163% projected growth is expected to lead globally.
The key proposals from the IT industry that were not addressed included removal of dual levies on software products
Banks in talks with temple trusts to push gold scheme
'You cannot judge a government within a month. Give us five years' time.' 'At times, strict economic decisions have to be made for the good of the poor in the long run.' Dharmendra Pradhan, one of the Modi government's stars, speaks exclusively to Sheela Bhatt/Rediff.com about why the government is forced to roll out 'bitter medicine.'
A cut in rates would have encouraged the banks to lend aggressively on the retail front.
For the first time in our economic history a government has thought about more than 50 per cent of our economic activity instead of the five per cent represented by the Sensex companies, observes IIM-B professor R Vaidyanathan.
DMRC-like SPV to be floated in a month for the Rs 98,000 crore Mumbai-Ahmedabad corridor.
In the past 18 months, the department of revenue intelligence has seized 50 containers of cigarettes, valued at nearly Rs 200 crore
Currently, India imposes 30-45 per cent duty on textile products from Pakistan.
The Foreign Investment Promotion Board (FIPB) on Monday deferred a decision on Vodafone's Rs 10,141 crore (Rs 101.41 billion) proposal to buy out minority shareholders in its Indian arm as the Ministry of Home Affairs is yet to give its comments.
'Learning to learn should be given more importance than what is actually being learnt,' recommends Zaki Ansari.
The US has taken the first step to open channels of communications with a leader it had so far refused to engage with, at least openly.
After supermarket giant Walmart, it is online retail major Amazon which has begun lobbying with the US lawmakers to seek their support for facilitating its "foreign direct investment in India".
In its essence, GST is a national level system of value added taxation of goods and services, says Shankar Acharya.
India, he said, has opened up its markets and stepped up public investment including in the infrastructure space and is concentrating a lot on boosting expenditure to improve the quality of rural life
Ajit Balakrishnan reflects on pariahs, small businesses, and blockchains.
'The two-word answer is: Proper oversight,' says T N Ninan.
The Budget shouldn't be stuck on fiscal numbers, the PMO apparently said.
M R Venkatesh, chartered accountant turned political commentator tells Shobha Warrier/Rediff.com that Modi's war is not against the opposition parties or the Congress but against the bureaucracy and the establishment.
The Income Tax department has informed the Delhi High Court that Nokia India and Nokia Corporation owe it Rs 21,153 crore (Rs 211.53 billion) as total tax liability (existing and anticipated), including penalty during a seven-year period from 2006-2013.
Seeking a peaceful and secure neighbourhood amidst threat of terrorism and extremism, India and Kyrgyzstan on Sunday signed four agreements including one on bolstering defence cooperation and holding annual joint military exercises.
With 4G coverage spreading, Indian consumers will likely be more open to investing in smartphones
A revival in investment is likely to be a key near-term initiative.
The interest it has generated among designers who are helping create new styles and uses for the product is likely to leave a lasting imprint on the future of khadi.
The RBI governor-designate may be economical with spoken words, but is known for his sharp and critical writings
Government claims big successes in agriculture, rural roads & investment scenario.
