Analysts say the Essar Group has been following a policy of delisting just when its businesses begin to record substantial upside, denying shareholders their share of decent returns.
Mohammad Sajjad salutes the memory of Mushirul Hasan -- historian, thinker, academic, institution builder, -- who passed into the ages this week.
Full capital convertibility means a foreign investor can repatriate his money into his own local currency at will.
Make in India has few advantages and some disadvatnages too.
Pakistan's dismal public health system is rife with mismanagement and a paucity of resources. Amidst this shambolic system, one hospital in Karachi has been providing specialised healthcare to millions. Free of charge. As the Sindh Institute of Urology and Transplantation celebrated 40 years of successful service, Dr Sanjay Nagral visited the facility and met the man who helms it, armed with the simple philosophy that 'No person should die only because they are unable to afford medical expenses.'
Former President A P J Abdul Kalam kindly answered rediff.com's questions for an exclusive interview.
The American Association of Physicians of Indian Origin will attend the Pravasi Bharatiya Divas in Delhi with an agenda to develop a plan to bring together AAPI, NGOs and the government to provide access to affordable and quality health care. Aziz Haniffa reports
South Mumbai's Bhendi Bazaar is all set for a much-needed transformation.
Following is the full text of Prime Minister Manmohan Singh's speech at the Central Party School in Beijing on Thursday:
Markets ended in green on rate cut hope.
'The military aim in a future conflict, if it can't be avoided, should be to cause maximum damage to the adversary's war waging capability and capture limited amount of territory as a bargaining counter,' says Brigadier Gurmeet Kanwal (retd).
'They don't always agree with our governments, their teachers or their parents, but it is the conviction of their ideas, and their determination to share them with the world that, I believe, is one of the greatest sources of hope for our planet.' 'The colonisation of space, understanding the very building blocks of matter and the universe, utilising our understanding of the human genome to conquer disease -- these are the tasks waiting for a fellowship of minds to realise new triumphs in our collective destiny.'
'If you invest your entire capital in talks, you cannot abruptly change gear and decide on war.'
In most cases, the payback on energy saving projects offered by GIBSS are between one and three years.
Infrastructure and inflation targeting are expected to be top priorities for the new Reserve Bank of India governor, says A V Rajwade.
President Pranab Mukherjee on Monday addressed the first joint sitting of Parliament as mandatorily required under the Constitution after the general elections. The address is the political, economic and foreign policy road map of the Narendra Modi government and covers virtually all crucial areas.
Young, ambitious workforce learns skill degrees come with no guarantees.
Terming corruption as a "major stumbling block" in the country's progress, President Pranab Mukherjee on Tuesday asked the central vigilance commission to lead the way in cleansing the government.
'The question remains: Was the Obama visit truly a success? Only the future will tell us if the "breakthrough" in the nuclear liability issue will concretise into electricity.' 'As importantly, it will be interesting to watch how India's relations with China will evolve in the months to come.'
Tragic as it is, the submarine accident is more tactical in nature and it is the deeper strategic malaise across the board -- political, economic, security, judiciary, bureaucracy and even the media -- that has led to this dark mood of gloom and despondency, says Commodore (retd) C Uday Bhaskar.
Its time the RBI, govt pushes reforms to boost global investment
As visibility remained poor and the city choked due to a haze, the Centre for Science and Environment asked the Delhi govt to roll out stringent plans for controlling winter pollution.
Economist S Janakarajan, in an interview to Shobha Warrier/Rediff.com warns that without proper infrastructure, India will never be able to build a market economy.
Come May, the Deltin Royale, which boasts of the country's largest poker room, will play host to India's first Poker Sports League.
After weighing all the costs and benefits, the next administration is likely to reduce and restructure assistance to Pakistan but not to end it altogether, says Daniel S Markey.
'Nature does not send us a bill, so we ignore them in decision making until we hit a moment of crisis, such as the current shortage of water.'
While naysayers say the economy is on a downward spiral, optimists point out that India has experienced a shift of gears in the realm of policies, thanks to several initiatives of the Narendra Modi government, says Ashok K Lahiri.
Prabhat Kumar, who has been appointed as the DGCA chief three months ago, is taking steps to ensure safety of passengers.
Eyeing greater cooperation with South East Asian countries on economic and security issues, India on Thursday announced a separate Mission for ASEAN region to be set up in Jakarta with a full-time resident Ambassador.
'... for two reasons: the poor quality of education, and the low rate of female participation in the labour force.' 'Unless something is done quickly to remedy these problems, India will just have a large population of low-skill, low-wage, males trying and failing to feed their families adequately.'
'The US wants Modi to succeed because we want India to succeed. For our part, when India thinks of its partners in the world, we want it to think of the US first. That means positioning our country as the preferred provider of the key inputs that can help to propel India's rise.' 'The meeting between Modi and Obama is, and must be, an opportunity for true strategic dialogue -- not a scripted exchange of talking points, but an open discussion of the big questions. What kind of world do we want to live in? What are our true priorities? And most importantly, why does this partnership still matter?'
'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.
'I believe Modi mentioned Balochistan only to embarrass Pakistan and also divert attention toward the situation in Kashmir.' 'I think from now on, India intends to raise Balochistan whenever Pakistan brings up Kashmir or upsets them on the issue of terrorism.' 'Balochistan is the least developed of Pakistan's four provinces. It is the least educated and least economically developed. People are agitated that a region so rich in mineral resources and a sea-port is still so poor.' Baloch political analyst Malik Siraj Akbar on why the province wants freedom from Pakistan.
Two entrepreneurs launched iTiffin with an aim to provide low calorie, healthy tiffin service to corporates and individuals.
'AAP's real value must be measured not by the number of Lok Sabha seats it wins in the election -- which may not exceed 10 or 15 -- and not even by the number of votes it takes from the BJP, but by its ability to deflate Modi's superhuman '56-inch chest' image and the charisma so assiduously manufactured around him by the corporate-controlled media.'
Bank credit growth, still sluggish, could see a rise if the Reserve Bank of India decides to cut interest rates, believes Ashima Goyal.
Indian economy about to take-off
This is the first time in the RBI's history that a governor is leaving without willing to renew his contract
High fiscal deficits raise inflation which hits the lowest income and salaried classes.
Boost to dairy sector will generate jobs
