The Comptroller and Auditor General on Friday rapped space agency Indian Space Research Organisation for allowing a foreign private satellite service provider to park its satellite in an orbit slot meant for Indian satellites in violation of nation's SATCOM policy and extending "undue benefit" to a foreign firm.
'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.'
The notes argue that it will widen the talent base available to govt to deliver increasingly complex services to a demanding population.
Agriculture, which accounts for 14% of GDP grew at 3.2% in the quarter
India's rising GDP may have propelled the middle class to become richer, buy new cars, travel around the world and build assets, but it further pushed the economically disadvantaged and poor into poverty and drudgery, says Devanik Saha.
Move to hasten rollout and, if successful, set a precedent for new banking firms.
For the past few weeks, the government has been in an overdrive, pushing stuck projects with the larger aim to improve the country's economic growth, which had fallen to a four-year low of 4.4 per cent in the first quarter of this financial year.
Demonetisation hit informal sector hard and caused job losses which was not addressed by the budget, Moily said.
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The rupee and equity turmoil seem over, with interest shifting to key personnel changes and 2014 polls.
Businesses have been reluctant to talk about contingency plans for Brexit
Modi government has to come up with a robust economic agenda to impress the masses.
'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.
It is domestic policy distortions and inaction to correct them that lie behind the large CADs.
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The power of a nation is directly related to the revenues it realises from its citizens. But India loses a gargantuan Rs 5.8 lakh crore, as the IT department drags its feet over recovering uncollected taxes in time or holding up files in appeal cases, says Mohan Guruswamy.
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It depends on the assessing officer's interpretation. To be on the safe side, have a separate trading account.
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'India is doing better than when we took office 17 months ago'.
The maintenance of track is increasingly becoming mechanised and capital-intensive.
It's time the government accepts that Digital India is too distant.
'Well done, Mr Jaitley, now go and implement your schemes. No leakages, no lapses and no laziness.'
The Manmohan Singh government's rush to pass the Food Security Bill reflects extreme paucity of logic and action, says Neeta Kolhatkar
No one really knows what proportion of the nation's wealth and income are available for defence
Telecom Commission approves high base price of Rs 11,485 cr per Mhz for 700-Mhz frequency; no decision taken on proposed standard spectrum usage charges of 4.5%
Instead of a consumption stimulus the government must address the NPA issue with a war footing and invest in infrastructure, affordable housing and exports, says Sanjeev Nayyar.
A basic problem is that the cost of spectrum and licences relative to earnings is too high.
In spite of Budget's rural focus, the government has consistently stumbled in agriculture, says Shreekant Sambrani.
'A lot will depend on the first Aayog and the power it derives.'
In an online chat with readers overseas education consultant NNS Chandra addressed queries related to international admissions.
After snapping his political alliance with the ruling National Democratic Alliance at the Centre, N Chandrababu Naidu, chief minister of Andhra Pradesh, speaks to B Dasarath Reddy on what he now has in mind.
Mr Jaitley should devise methods to attract better talents at the higher level.
RCom is expected to have a 50% stake, Aircel 40% and MTS 10%
The rules will affect Indian companies that take most decisions about their foreign subsidiaries.
Whether history will remember Edward Snowden as a traitor to his country or as a champion for free speech and less intrusive government is hard to tell, but the issues he has brought into focus need deep thought, writes Ajit Balakrishnan
The economy could return to 8% growth by the end of 2017-2018, says Arvind Panagariya, vice-chairman NITI Aayog.
One Rank One Pension (OROP) will have a significant impact on the country's fiscal bill and the overall cost will be around Rs 16,000 crore.
'We need uranium to fuel our reactors. Our scientists and engineers have been handling uranium safely since 1967. They must not feel disheartened by the activities of well motivated local or foreign agencies.'
20 years ago this day, May 11, 1998, India conducted its second nuclear test at Pokharan in Rajasthan. In a fascinating interview on Rediff.com, K Subrahmanyam revealed how Indian PMs reacted to nuclear ambitions.
A review of key pronouncements he made in his first Independence Day Speech on August 15, 2014.
Tax problems and unfavourable WTO agreements are making Tamil Nadu's electronics corridor less attractive to companies.
Having reached the Red Planet, ISRO can now focus on getting humans in space and secure the resources to do it
To begin, the Budget has no doubt attempted to address uncertainty.
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