At the retreat, PSBs had suggested the government cut its stake in these entities to less than 51 per cent over a period of time and empower the boards of individual banks.
'If the government starts playing favourites, if the government acts in a manner which is not transparent, then natural resources which belong to not just you and me, but future generations, they fritter away. The anger against corruption, the anger against India's natural resources being looted is a consequence of the fact that within society there is a huge amount of turmoil and discontentment. Why should an Empowered Group Of Ministers or the Cabinet Committee on Economic Affairs decide the administered price of gas?' asks Paranjoy Guha Thakurta in this exclusive interview with Rediff.com's Sheela Bhatt.
The second-longest serving chairman introduced quite a few measures for the primary market and implemented a new corporate governance framework.
The ED said that Chidambaram has remained evasive and therefore grant of pre-arrest bail at this stage would be highly detrimental to the investigation.
On Dr Babasaheb Ambedkar's 124th birth anniversary we take a look at his inspiring life journey.
Rahul Gandhi's attack on Narendra Modi over the 2002 riots in his first-ever television interview indicates that the Congress will shift focus to 'contrasting ideologies' with the BJP before the general election.
The father-son duo are in the radar of the probe agencies in another case concerning the Aircel-Maxis deal.
'The Modi government must create conditions to integrate millions into the rural economy as many migrants are certainly not going to return to live an undignified life,' notes Ramesh Menon.
While they have restructured loans, there is still question mark over the success of such a work-out
There are significant differences in the scope, jurisdiction, functions and personnel requirements of RPF and GRP.
'There is tension between the zones all the time.'
Why did the Chinese military take over the lab in Wuhan in end January? Did something go wrong? Claude Arpi glances at the mystery surrounding the origin of the coronavirus.
The Congress on Saturday rubbished media reports that it is going to use the Food Security ordinance as a trump card in the 2014 Lok Sabha polls, saying the United Progressive Alliance government at the Centre has come up with various schemes in the social sector and for the nation's welfare during its nine-year rule.
The doctors called off their five-day strike after Fadnavis on Friday gave an ultimatum to striking resident doctors to resume duty or face legal action.
'The obvious opportunity is biosimilars, which are simpler but more expensive,' says Kiran Mazumdar-Shaw, founder of Biocon.
The Oil Ministry has proposed raising natural gas prices by at least 60 per cent, a move that will result in rise in urea as well as power costs.
As the stage is set for the fifth and final round of voting for 57 seats in the Bihar assembly poll to decide the fate of political biggies, people woke up on Wednesday morning to find a prominent newspaper advertisement featuring a woman loving hugging a young bovine, and attacking Bihar Chief Minister Nitish Kumar for his silence over the 'beef' statements made by his allies.
If the Modi government is to keep its promise of change, it must bring in fresh faces.
A bipartisan Congressional resolution has been introduced in the House of Representatives calling on the US government to continue the policy of denying a visa to BJP's prime ministerial candidate Narendra Modi on the grounds of religious freedom violations.
'Speaking this year from the ramparts of the Red Fort, he excelled himself in content, diction and delivery -- all extemporaneously flowing, replete with felicitous expressions and captivating word play. 'The only other Indian prime minister with whom he stands comparison is Jawaharlal Nehru who too shunned prepared speeches and established instant rapport with his audiences,' says B S Raghavan.
With tempers rising on intolerance, it will be hard to run House proceedings.
'We are warning that if you get these 3.5 lakh additional non-medical people with licence, our infant mortality rate and maternal mortality rate will deteriorate'.
'Today the real issue facing the Modi government is not about investment, credit and money supply and all those things economists like to talk about.' 'It is whether your average citizen has confidence in the government not to do something utterly whacky,' says T C A Srinivasa-Raghavan.
Rahul Gandhi's surprise sabbatical has exposed faultlines in the Congress.
The GST Council's agenda includes trimming the number of items in the 28 per cent slab by 75 per cent, easier compliance for assessees and small taxpayers, and a presentation on bringing real estate under GST.
French Defence Minister Jean-Yves Le Drian will hold talks with his Indian counterpart Manohar Parrikar on Tuesday.
Many bankers say the move will have a serious impact on the chain of command of nationalised banks and that it would only enable the government to dish out favours to a few of their own men.
Sandeep Pandey salutes women who have contributed to social transformation in India after 1980.
The Zakat Foundation of India runs welfare initiatives for the destitute and helps with the education of poor students. Upasna Pandey/ Rediff.com discover the origins of this organisation
Resolution to the bad loans problem has to be incremental, and the RBI has to ensure NPAs are not swept under the carpet, HDFC chairman Deepak Parekh tells Joydeep Ghosh.
'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.
The organization headed by Mallika Dutt, its founder and president, received $125,000 (Rs 75 lakh) and an official recognition at an award ceremony on April 24 at the University of Pennsylvania.
The court had earlier barred publication of photos of leaders in government advertisements except those of the President, PM and the CJI.
The government has set up a high-level committee.
The government's step to curtail fiscal deficit is helping the central bank's monetary policy, Rajan said.
The bench directed that the mediation will be held at Faizabad in Uttar Pradesh and the process should start within a week from Friday.
The GST will alter the very face of fiscal federalism in India.
There are indications that the Modi dispensation was disinclined to bring the VHP into the temple-mosque frame.
The defence ministry has signed off on a national security plan that it cannot fund. Ajai Shukla reports
It makes it mandatory for companies to spend on social welfare and seeks to bring in greater transparency.