These automotive companies were afraid of competition and made wrong accusations on grounds of safety.
If money allocations, investment commitments are a sign of better things to come, the state can be optimistic.
"Reform is not an end in itself. Reform for me is just a way station on the long journey to the destination. The destination is the transformation of India," he said.
'In the Mahabharat, when faced by an enemy, Yudhishtir, the eldest Pandav, had quipped that 'When it comes to external enemies, we are 105, (100 Kauravs and 5 Pandavs)'.' 'It is time modern politicians heed this ancient wisdom,' says Colonel Anil A Athale (retd).
Sun Pharma was the best gainer among Sensex components, surging 6.91 per cent
The proposed exchange is likely to be almost as big as Mumbai's Bharat Diamond Bourse, now said to be fully occupied.
'India does not wish to remain silent in improving its strategic space so that its leverage to counter China's expansionist designs is maintained, besides enabling it to play a responsible role from a position of strength for peace and stability in Asia,' points out Dr Rajaram Panda.
Pusapati was given detailed presentations on various aspects of the sector by senior officials of the Ministry.
It's the beginning of a rate reduction cycle
Rumours of which tycoon is close to which minister will soon start floating, and those could affect prices in the short term.
Government tenders could soon go to bidders who promise to train highest number of youth.
Today, banks are being asked to discover niche strengths and focus on them
India Inc has few leaders who are likely to grab headlines in 2015.
Rajapaksa has blamed India, the United States and European countries for his humiliating defeat.
Shekhar Chakravarty has developed and patented Curvo -- world's first non-linear ropeway system.
'If you go on with your start up ensure that you put all your might behind it.' 'Ensure that you talk to a lot of people and bounce off your ideas before you go out and make a pitch.'
Once these banks start showing losses, they will not be able to pay dividends to the government nor pay taxes, which will further aggravate the situation for the government as its return on investment as an investor would be very negligible for the next few years, says M V Subramanian.
To do so, the government will have to tackle a number of broad development challenges successfully, says Shankar Acharya
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.
'What is critical today in India is confidence of depositors.' 'If you have these kinds of problems spreading like this, the confidence level of a lot of people in the system gets shaken.'
'Swachh Bharat Cess imposed last year should be made broad-based.' 'Budget should be predominantly economy/ business-oriented and problem-solving rather than political consideration-based.'
The 30-share Sensex ended down 215 points at 27,011.
While the benefits offered by the new-generation products are alluring, choose a plan that offers features you may actually need in the future
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Banking as we know it will stand on its head in the next 10 years.
Banks cannot shirk their responsibility in cases of frauds.
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The toxic brew of fiscal populism, crony capitalism and bad economic management has ensured the collapse of economic growth, industrial stagnation, stubbornly high consumer inflation, declining savings and investment, shrinking employment opportunities, and a dangerously vulnerable external financing situation.
'The threat that India faces and the threat the United States faces is not just to the homeland, but to our people and to our institutions wherever they may be.' In an exclusive conversation with Aziz Haniffa/Rediff.com, US Assistant Secretary of State Nisha Desai Biswal outlines the importance of Prime Minister Modi's visit for America.
Devangshu Datta predicts the good, the bad and the ugly of currency trends for the coming year.
'We had a great product for the global market and we could sell it globally resulting in this amazing growth.' 'When customers come online and buy a product, they don't look at whether it is created in India or somewhere else.'
Government on Monday formed a multi-agency group to monitor exposes in this regard and vowed to take action against all "unlawful" accounts held abroad.
In a recent lecture, RBI governor Raghuram Rajan dished out some frank advice -- don't get into 'jugaad', instead try for the long haul. Only that will sustain in the long-run.
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.
Hemlatha Annamalai and P Bala's Ampere Vehicles makes e-vehicles in Coimbatore.
A glance back at some of the important ups and down Indian Inc faced in 2018.
Invest 5 to 10 per cent in a banking sector fund. Ensure that mutual fund's portfolio includes all three players -- private sector banks, public sector banks and NBFCs.
'Modi and Abe are working seriously for India-Japan bonhomie to grow stronger.' 'It is a win-win situation for both countries and the future look promising,' says Rajaram Panda, the Indian Council for Cultural Relations India Chair Visiting Professor at Reitaku University, Japan.
Road Transport Minister Nitin Gadkari known for promoting innovative ideas in transportation, created a stir some time back when he pitched for 100 per cent electric mobility by 2030. In an interview with Megha Manchanda & Jyoti Mukul, he talks about the Central Road and Infrastructure Fund (CRIF) and electric vehicles.
In the long run, the decision could bring clearer rules to a sector that has failed to provide India with enough power because it has been so hamstrung by confusion and scandals over concessions allegedly handed to government cronies.
India is also exploring that way but the strength of the Indian economy was such that not even one bank was threatened, not even one insurance company was threatened, and we were able to withstand the shocks.
