Modi knew in his heart that India does not have the financial muscle to support the new bank with offers of co-financing international projects, something China can do from the bank's base in Shanghai. If established in Mumbai, it may have employed a few Indian bankers and satisfied the national ego but there was little financial value to be drawn from it.
With Awfis, a quirky co-working venture, and other offbeat ideas, Radha Kapoor, the daughter of the Yes Bank CEO, is taking the creative route to entrepreneurship.
Relishing the challenge of squaring off against new Indian captain Virat Kohli in the fourth and final cricket Test in Sydney, Australian skipper Steve Smith described his rival number as an "emotional character".
'The strategy has to be restoring order in one part and countering the very effective propaganda through a very nimble monitoring and response system,' says Lieutenant General Syed Ata Hasnain, who retired as the General Officer Commanding of the Srinagar-based 15 Corps.
As preparations for the Rio Olympics gather pace, India may be headed for yet another paltry medal haul.
The Right to Information should not be limited to right to know but it should empower every citizen to question those in power, Prime Minister Narendra Modi said on Friday.
Why Kumar Sangakkara is counted alongside Sachin Tendulkar, Ricky Ponting, Rahul Dravid, Brian Lara, Jacques Kallis and Rahul Dravid?
'Syed Mushtaq Ali was like a lion, not a labourer, at the crease. Attack was his defence and he would show no mercy on the bowlers'
Staff working at the Rashtrapati Bhavan recount how the 11th president lived a simple lifestyle and always cared for them.
Urban Indians are developing a taste for freshly brewed and bottled craft beer.
The eighth edition of the Indian Premier League, says Haresh Pandya, provides Yuvraj Singh a chance to make up for time lost and opportunities missed or squandered.
Mehta was known to be outspoken and had an unerring instinct for what would be read
Relishing the prospect of leading the side in the the first three ODIs against Sri Lanka, India's stand-in skipper Virat Kohli today said the hastily-planned series would be an exciting one, especially with World Cup spots up for grabs.
Virat Kohli said being called a "spoilt brat" by the Australians brought the best out of him as he smashed a career-best 169 to lead India's strong reply on the third day of the third Test, in Melbourne, on Sunday.
Almost three hours go like a breeze in the company of Bahubali's eclectic protagonists, where every single one makes an 'entry' designed for wolf-whistle.
'I have only this to say to those who talk about Mewar rulers and Akbar's brutality -- do you expect a king to not expand his kingdom?' 'You have entire cities named after Muslim rulers. It's time our heroes got their due.'
Who said vegetarian food was hard to find in Iran?
'The man stood alone, fought alone.' 'Some of those battles appeared Quixotic at times.' 'Ultimately, it was he who won though it may have seemed as if a Sancho Panza was fighting a relentless battle against the windmill.' N Sathiya Moorthy salutes the fearless editor who has passed into the ages.
'The HRD minister said AMU was not a minority institution. I told her the matter would be settled in court.' 'The prime minister did not say anything so categorical. He heard me out very sympathetically. His body language was very different.' 'AMU has ABVP. I did receive a letter from them asking why you are constantly brandishing your service to the country. My reply is: Why shouldn't I?' 'I served the country for 40 years and I am very proud of this service performed for my country.'
When I met him last year for his 75th birthday, he seemed frail. There was a sense of urgency. I will miss Stephen. His passing fills me with sadness.
'The first 55 years of Natwar Singh's life give a fascinating narrative of our diplomacy,' says Ambassador B S Prakash after reading One Life is Not Enough.
What the new defence minister does with the Rafale fighter jet deal will decide if India wants to build genuine, long-term defence capability through an indigenous product that slashes life-cycle costs, or opt for glitzy signing ceremony with foreign vendors that would please the public, says Ajai Shukla.
Sreehari Nair explains why Haraamkhor may just be the most liberating Hindi movie made since Hazaaron Khwaishen Aisi.
'We're going to see a defence relationship that really takes off -- now that India is a major defence partner of the US, the sky is the limit for arms sales.' 'The economic partnership will lag behind the security relationship, but the meeting and joint statement give cause to believe that it will progress more robustly than many of us would have expected.'
How bridge keeps corporate India sharp and quick-witted.
'My worst performances are in those movies in which the directors showed me how to act,' Emraan Hashmi tells Arthur J Pais/ Rediff.com in Toronto.
Dr Pinakin Shah visited the Land of the Thunder Dragon and returned mesmerized.
Rediff.com's Manu Shankar caught up with the 'Everest Sisters' in a candid interview, wherein they spoke about their passion for mountaineering and risk and challenges one has to face in the sport.
Ajinkya Rahane opens up on the slot he likes to bat at, Virat Kohli's captaincy and India's record against spin
'The Army must always be balanced in response.' 'Rabble rousers will demand that it be given a free hand against anti-national elements in the streets. That is exactly what the adversaries want.' 'Burning the Kashmir Valley through the summer is their desire; the Army will never contribute to enhancing their aim,' says Lieutenant General Syed Ata Hasnain (retd), who served as the General Officer Commanding 15 Corps in Kashmir.
Shekhar Gupta's anthology is a valuable addition to our understanding of the seeming muddle that is India... The experience of reading his columns is more like a chat with a friend in the afterglow of an enjoyable drink, but never frivolous, says Shreekant Sambrani.
There are many firsts in Prime Minister Narendra Modi's Lok Sabha speech which constitute the cardinal elements of a strategy which has all the potential to serve as the mainspring of the polity for the rest of the century, says B S Raghavan.
Paytm will cross 100 million wallets ahead of its self-determined deadline of 2015-end. It currently has 66 million.
Desis in the US recall their earliest celebration of the festival of lights on American soil. Chaya Babu reports
In an interview with rediff.com's Bikash Mohapatra, Ivanovic talks about her success, those 'disappointing' years in between and her future expectations.
Maharashtra Chief Minister Prithviraj Chavan makes a gallant attempt to deflect accusations against the United Progressive Alliance's record in his freewheeling conversation with Business Standard's Aditi Phadnis over lunch.
'Badlapur,' says Sreehari Nair, 'proves that sometimes there are more personal truths to be discovered in our trash cans than in our neatly arranged book-shelves.'
There's something quite serene about an endless stretch of barren land discovers Abhishek Mande Bhot/Rediff.com
'All those photographs I had seen before about Ladakh were not photoshopped.' 'Ladakh, truly, was nature's masterpiece.'
Bring out your earthenware and clay pots, don your apron and get cooking!
