It will take over large non-performing assets of banks and help in revive companies ridden with bad debts.
This is not the first time Trai has been accused of bias; and, in my memory, never have such charges of bias been leveled against any other regulatory body, says Rahul Khullar.
RIL had challenged the government notice to disallow cost through a Notice of Arbitration on November 23, 2011 saying the signed contract does not provide for output targets and there was no provision for disallowing any part of cost because of production not being in line with output guidance.
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Stating that there are strong inter-linkages between banks, NBFCs and other deposit-taking entities, he said for monetary policy to be effective and financial markets to remain stable, they should be regulated by the central bank.
The 2015 World Bank group's Doing Business index ranked India at 142, down from 140, which it was the year before.
'When Modi was having his maiden meeting with Donald Trump, China is up to its old tricks again, by causing a distraction on the Doklam plateau,' says B S Raghavan, the distinguished civil servant.
The bill would prohibit unaccounted money from being pumped into the sector and as now 70 per cent of the money has to be deposited in bank accounts through cheques.
Under the hybrid-till model, a portion of non-aeronautical revenue (commercial revenue) at the airport is taken into consideration while fixing the landing and parking charges, user fees and other aeronautical charges.
The deal, involving Abu Dhabi carrier Etihad's purchase of 24 per cent stake in Naresh Goyal-led Jet Airways, was approved last month by the Competition Commission of India.
'The passing away of his mother just days before the premiere of his first film, his controversy with terrorism, his relationship with his father, his best friend, the women in his life... everything was shocking for me.'
'A President who is a living embodiment of high principles can tone up the entire national fabric,' says B S Raghavan, the distinguished civil servant.
Lt Governor says discoms must cooperate or face cancellation of licences. Ficci cries interference.
Governments must encourage micro-irrigation, use of natural manure and pesticides in a big way. Farm income can be doubled by reducing cost as much as by increasing MSP, says Sanjeev Nayyar.
The trust deficit has widened with buyers losing confidence in a developer's ability to construct and deliver a project on time.
Thousands of police personnel have been deployed across the state to maintain law and order.
Russian firms expand their footprint in India. And take bigger steps to do business with India's private sector.
Private sector firms need to be re-engaged for better infra planning.
The collapse of an under-construction 11-storey building in Chennai which claimed 11 lives should serve as a wake-up call for the housing sector to have a regulatory mechanism for the construction industry, says N Sathiya Moorthy
Lack of decisiveness and courage to deal with PSBs may turn out be the biggest impediment to the Modi government's economic initiatives, says Debashis Basu.
Corporate legal cases kept India Inc on its toes in 2014 as high stake matters on coal, telecom and mining came up in the Supreme Court, which also sent Sahara Group chief Subrata Roy to jail.
Prakash Javadekar enjoys being information and broadcasting and parliamentary affairs minister, but heading the green ministry is turning out to be thornier than he had expected.
GST is a landmark reform considering the sweeping changes it brings about in the indirect tax regime in India.
'Over the last two decades, the India-French relationship has grown steadily, no major political difference having darkened the sky between Paris and Delhi,' says Claude Arpi.
Legislators, bureaucrats feel an impact, with works relating to their constituencies stuck at various levels.
The year gone by saw the high and mighty of the corporate world face the music in the Delhi High Court which held that the telecom majors are amenable to CAG audit and Mukesh Ambani's RIL struggling hard to get rid of an FIR lodged on gas pricing by the 49-day-old AAP regime.
'The worst case scenario is for China to behave like a bull in China shop, and brazenly and wantonly indulge in further encroachments, create obstacles to free navigation and convert SCS into an Air Defence Identification Zone.'
From farmers to cement, steel, logistics, transportation and automobiles, the back-end is struggling to get going due to the liquidity crisis.
The Sensex ended at at 27,676, lower by 210 points and the Nifty broke the psychological level of 8,400 to end at 83877 down 70 points.
With the Maharashtra government doling out pieces of the lush green Aarey forest to various utilities, the tribals living in it for generations are feeling increasingly insecure. Hepzi Anthony reports.
'People with a lot of dreams and passion are paying a lot of money and making a film for two years. Then, one random person who might be a lawyer or a teacher or a social worker, comes and finds a character (in the film) kissing for too long and asks for it to be cut down. That doesn't sound right.' Filmmaker Pritam D Gupta talks about his long hard battle with CBFC.
Bharti will move FIPB soon for increasing Axa's stake to 49%
"India has become the fastest growing major economy in the world. Despite the global slowdown, we have registered excellent growth. Today, India is a bright spot in the global economy. We are seen as the engine of global growth," he said.
Indian Prime Minister Narendra Modi who envisioned Make In India last September was at his eloquent best as he made a fervent plea to global businesses to come Make In India.
Once called India's garden city, this upper middle-class residential area in Bangalore has India's most toxic air, says Devanik Saha, IndiaSpend.com.
Two young designers from Meghalaya are making a positive impact with their skills.
The new Insurance Bill may take little time to see light of teh day.
Sensex plunges 322.39 points to over 1-month closing low of 27,797.01; Nifty tumbles 97.55 points to 8,340.70.
'The government has belied the hope that many harboured of change, efficiency and dismantling old practices as the defence ministry continues to pursue the same well trodden and wasteful path.'
The Sensex ended below 28,000 for the second straight day at 27,869.
India will require new technical solutions and approaches to solve environmental problems.
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