Tirole's insights show how real-world incentives are complicated, and contracts can be difficult to write and enforce.
CAG audit is likely to be completed in six months.
The new governments will have to spend much more than Rs 220 billion in Rajasthan, more than Rs 160 billion in MP, and nearly Rs 30 billion in Chhattisgarh.
As Prime Minister Narendra Modi arrived in New York on Friday on a five-day US visit, he was greeted with 'Har Har Modi' slogan.
'The great wheel of democracy has turned full circle, and it feels just like being back in 2014, but with less hope that someone out there is going to save us from ourselves,' points out Mitali Saran.
Power firms can pass on burden to consumers, stocks rise up to 2%
The buyback price is at around 28 per cent premium to the current market price of Rs 67 on the Bombay Stock Exchange
E-mobility is only one among the several fronts on which Mahindra is waging a battle of aspirations, to future-proof the $19-billion tractor-to-technology conglomerate, says Nikhil Inamdar.
Sanjeev Vashishta, chief executive officer at SRL Diagnostics, talks to Deepak Patel about expansion plans and regulations for the sector.
Intercepted call records have shown that the accused in the Rs.10 crore cash-for-post railway bribery scam had hatched a conspiracy and held several meetings to fulfil their objective, the Central bureau of Investigation said.
Despite their promised and announced reduction in power prices, the Arvind Kejriwal-led Delhi government may want keep the issue on the burner for sometime longer, since none of the concerned players are ready to give an inch, and seem raring for a fight, says Upasna Pandey
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
From 2018-19 onwards, 16 'Standard of Preparation-18' Tejas fighters, which involves four major upgrades, will roll off the line each year.
Facing difficulties in daily operations due to constant increase of fuel prices by oil marketing companies, the Consortium of Indian Petroleum Dealers' Association have threatened to go on a one-day strike.
The old guard is still involved in broad corporate decision-making, but quite a few new business heads have started making their mark at the group
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
SAAB's Sea Gripen constitutes a new option as the INS Vikrant's light fighter
Six months after the lockdown was imposed, two dozen migrant workers were interviewed across five villages of Prayagraj. As the economy opens up, most of them are either hunting for a job or desperately waiting for a phone call from their previous employers. But the bruises of the lockdown are still fresh in their minds. Somesh Jha reports.
Alstom is accused of paying bribes to Indian public officials to secure Delhi metro contracts.
The euphoria of Ab Ki Baar Modi Sarkar will fade quickly if the Modi government does not raise its game, and focus significant monetary resources and managerial skills on making India's infrastructure truly world-class, says Ram Kelkar.
'The answer for a quicker boost to growth is simple -- run a much larger deficit, use the resulting public resources to ensure adequate price support for agriculture, subsidise wage costs of MSMEs and accelerate public sector construction-intensive activities,' advises Nitin Desai.
The incident caused panic among passengers who were not allowed to exit the terminal for some time.
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Delayed clearances for coal blocks, as well as companies' own failure in developing mines, appear to have had a financial implication of Rs 1.46 lakh crore (Rs 1.46 trillion) for the country.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Amitabh Kant tells Rahul Jacob how India could be made an easier place to do business in and why India's software smarts will give it an edge.
Rates to go up as Delhi power regulator works out plan to liquidate past dues.
The BJP's manifesto for UP elections promised many things. But, given the state's precarious financial position, fulfilling these promises is likely to prove tricky, says Ishan Bakshi.
Most Asian markets ended with gains.
You must initiate the claim process within 7 days of the damage. The more time you take to get the vehicle to a service centre, higher the chances of your claim getting rejected.
The CAG audit may look into expenditure on printing of notes, RBI dividend payout and banking transaction data.
In its flight performance, it can move up to a maximum speed of 180 km/h and minimum speed for level flight at 50 km/h.
'I suggest Rahul Bajaj come out in the open and give us his own white paper on the perceived sense of fear that he thinks haunts corporate India,' says Dr Sudhir Bisht.
There are many reasons for Japan to turn a deaf ear to its anti-nuclear lobby and concentrate on its geo-strategic imperatives to sign the nuclear deal with India, says Debalina Ghoshal.
Niraj Bhatt discovers how a CFO 'without a finance background' made it to the corner office at TCS.
The CPEC poses a clear and imminent danger to Indian security interests, says Kulbir Krishan.
Here's all you need to know about radiation from mobile towers and phones.
Ritu Jha/Rediff.com reports from California on the largest TieCon ever.
Only 36 per cent in Japan and 44 per cent in Germany were willing to use such vehicles.
Companies might have to shell out a fourth of the industry's annual net revenue to clear the obligation
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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