The continued rise in interest is a pressure on fiscal, but it is not an easy way out unless the government cuts back on populist measures and sticks to fiscal prudence as laid out in the FRBM, which the government missed for the second consecutive year.
'It has taken bombings in Beirut, bombing of a Russian airliner and now terror attacks in Paris for people to realise that we are not going to achieve our objectives of destroying ISIS if we drive in second gear. We need to get into top gear.'
The culture of these firms is alien to the Indian financial system. Distressed assets funds are known for their ruthless recovery ethics. Slicing and dicing a company and selling it on a piecemeal basis is their usual practice. This is something Indian banks are finding a little uncomfortable.
GST reform has been hanging fire since 2006-07.
RBI conducts interviews for first lateral hire for CGM post; deputy governors to head four distinct verticals.
The government has provided a long-term vision.
India is on its way to become a mobile app-first market and e-tailers and start-ups have begun their race to capture the next set of users in India - those who access vernacular content.
Some have welcomed this shift in the government's stance.
The major reason for the policy confusion over e-vehicles is the lack of conviction within government about the utility of this disruptive technology and its role in India's larger Paris Agreement climate change commitments.
'The IPL is by the biggest sports property in the country and having it will give any digital video player an edge.'
'We have integrated start-up space created in almost all the 14 district headquarters of the state.'
'They have incubation facilities providing entrepreneurs common facilities like shared software, legal support, fab labs, hardware, manufacturing facilities and services like chartered accounting facilities, etc, enabling the start-ups to concentrate on technology R&D and product development.'
Former Newcastle United striker Faustino Asprilla is entering the world of business by designing and selling fruit-flavoured condoms in his native Colombia.
Over 15 years, with seven per cent growth, the Indian economy will be three times bigger.
'Political elites need to feel that these are our children dying, that this is a crisis for us, a tragedy for our community, we must take immediate action to save the lives of our people.'
The Human Rights Law Network -- a group of committed lawyers, paralegals and social activists -- is making justice accessible to people who can't defend themselves.
Indian economy about to take-off
For international travel, frequent flyers look at network and Air India's global network is weak.
The party also said it would be a travesty to treat the current unrest in the Valley as a mere law and order problem.
Farm loan waivers should not be regarded as expenditure but as incentive and investment, argues B S Raghavan, the distinguished civil servant.
Given that some reputed builders are also present in this segment and the cheap rates, does affordable housing make a good investment option?
The new body may be headed by the Prime Minister as the chairman position would be ex-officio.
'Let me talk about young Indian startups with their hearts in the right place and how they are proving that innovations that represent 'affordable excellence' -- breaking the myth that 'affordability' and 'excellence' cannot go together -- is indeed possible!' says Dr R A Mashelkar, the eminent scientist, in this fascinating feature.
Rediff.com gives you a lowdown on the net neutrality issue that is today part of the national discourse.
Inter-ministerial programmes have run into obstacles as rules written by bureaucrats hamper rather than promote investments.
The ministry sought to allay the rating agency's concerns and said economic growth was on an upward swing.
The Budget decides to take the lead in revving up infrastructure.
The government is determined to stop generation of black money, he said.
'The estimates of tax forgone on this item run into hundreds of billions.' 'And there is neither fairness nor rationality to support continuing with this tax holiday for just one class of investors, those who put their money in shares,' says T N Ninan.
'A person should not be caught in the pursuit of enjoyment alone, he should experience enlightenment too. I mean, there should be action and motion. We must enjoy the action, not the motion,' BKS Iyengar told Rediff.com in September 2000.
The onus is on companies to put in place a vigil mechanism to detect and deter fraud.
For India, it is business as usual with the government muddling along.
'Kofi Annan will be remembered more for his Nobel Prize and related glory rather than Rwanda and Volcker,' notes Ambassador T P Sreenivasan with whom he worked in the UN.
These consistent performers are expected to maintain momentum.
The Delhi CM's principal secretary has been described as quick, decisive, and quite unlike a 'babu'.
'Both India and Japan can find themselves in a win-win situation if they draw some lessons from each other's strengths,' says Dr Rajaram Panda.
For the CBI, crimes are likely to become more innovative, complex, driven increasingly by technology and transcending geographical boundaries, says Anil Kumar Sinha.
The court has also questioned Epic's assumption that Tata Consultacy Services used the information for the creation of a competitive product
Finalises blueprint to become pan-Indian dairy player; to set up plants in 6 states.
RJD president Lalu Prasad on Thursday said Railway Budget has cheated people as it has nothing to offer.
'This novel format of diplomacy -- the informal summit -- will not only facilitate bilateral communication and reduce miscalculations at the very top level of the two governments, but possibly open the space for China and India to speak in one voice on various issues of mutual concern,' note Feng Renjie and Ding Kun Lei
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