Soon after the BJP lost the 2004 election, the stockmarkets went into unprecedented free fall. Then SEBI Chairman G N Bajpai reveals how his firm handling of the situation restored confidence and soon the markets were back to doing what they do best -- make money. A revealing excerpt from his book, A Game Changer's Memoir.
There is a sense of relief in Beijing that Modi will be at the helm of affairs in Delhi at a critical juncture in the geopolitics of the region, says Ambassador M K Bhadrakumar.
Nevertheless, border dispute will feature prominently on Modi's agenda but the matter won't be discussed at length. Nayanima Basu reports
On the second leg of his trip to Central Asia, Narendra Modi makes quite an impression in Astana, as he talks about terror and trade, films and the future
PM Narendra Modi accused Congress of "neglecting" Bihar's development since independence and recalled CM Nitish Kumar's past association with NDA.
The time is nigh for India to ensure that investment by its former citizens is encouraged by protecting their rights, says C B Patel.
This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India.
Pakistani Prime Minister Nawaz Sharif has cancelled his visit to WEF annual meeting after a deadly Taliban attack in his country.
'The Modi government's lurch toward America has not brought it any dividends so far. The Western world is simply not in a position to make big investments in India... India needs to take a leap of faith vis-a-vis China.'
The PM on Tuesday officially announced his visit to China from May 14 to 16.
'We cannot ignore the role of public institutions in driving development... I don't see much focus on institutional renewal.'
Moving ahead with their new mantra -- Chalein Saath Saath: Forward Together We Go -- Prime Minister Narendra Modi and United States President Barack Obama on Tuesday vowed to deepen cooperation in every sector for the benefit of global stability and people's livelihoods over the next ten years.
'Tax dodging through tax havens is one of the ways multinational corporations and the super-rich in India are using to evade taxes.'
Pakistan and Israel will define the relationship between the Modi government and the Middle East. While the region is concerned that India-Pakistan relations may become prickly in the Modi regime, it is also worried that the BJP government will give greater weightage to its ties with Israel.
There is a link between objectives and commitments.
'RBI was focusing on public sector banks perhaps thinking that private sector banks are managed efficiently while PSU banks are not.' 'Now, RBI has to focus on private sector banks too.'
All credit to the finance minister for walking the fiscal and expectation tightrope extremely well in his budget speech, says Ganesh Natarajan.
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
After a two year run-in with controversies, telecom sector now looks stable and seems back on its feet with initial investment proposal of over Rs 11,000 crore (Rs 110 billion) received in 2013.
India'sstartups have a good beginning but will they survive competition is a big questions which needs immediate attention.
Pak seeks US help to ease tensions with India.
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New York Stock Exchange President 38-year-old Tom Farley (ranked 7) and Twitter co-founder and CEO 37-year-old Jack Dorsey.
In a clear attempt to allay Russia's apprehensions, Prime Minister Manmohan Singh on Monday said it will remain an "indispensable" partner for India's defence needs even as he underlined that the bilateral ties should adapt to changing times to address challenges.
'You cannot judge a government within a month. Give us five years' time.' 'At times, strict economic decisions have to be made for the good of the poor in the long run.' Dharmendra Pradhan, one of the Modi government's stars, speaks exclusively to Sheela Bhatt/Rediff.com about why the government is forced to roll out 'bitter medicine.'
Six villages in Maharashtra that are within the drought affected area have remained water secure even in an extremely bad year.
Each city would get Rs 100 crore (Rs 1 billion) every year.
'Greenpeace has been brutal in targeting both India and the Manmohan Singh government. The push to go after Indian coal is driven by its long-term agenda. What is surprising is that China has not been meted out the same treatment, despite the fact that the rise of China as an economic power has been built around generating power from coal. 'Being richer and more affluent, yet far less democratic, there is less room for an NGO such as Greenpeace to drive home a complicated global agenda, so there is more of a tendency to go along with anything the Chinese offer despite China being the biggest by far with regard to coal use. But for India, it reserves tougher prescriptions, notably for its middle class, says Srinivas Bharadwaj.
Ashley J Tellis, a leading authority on Indo-US relations, tells Archis Mohan in an emailed interview that it is time Washington and New Delhi agreed on the contours of their 'strategic partnership', and that India's elite could learn from Prime Minister Narendra Modi in how he has put India's interests first and his own sentiments about the Americans second.
Over-expansion, bad management, and multiple allegations irreparably taint Malvinder and Shivinder Singh
Prime Minister Narendra Modi delivered an impassioned speech to the United States Congress.
Srei Infrastructure's vice-chairman -- and former Assocham president -- Sunil Kanoria discusses the Kanoria businesses and his impression of the Modi government with Ishita Ayan Dutt and Namrata Acharya.
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Can the leaky public distribution system, or PDS, deliver the subsidised grain to two-thirds of the population?
Once again an Indian prime minister has realised that with Pakistan and China, things will not move as he wishes.
For some, he is a visionary who grew his one-channel firm into a media giant by the sheer dint of his courage; for others, he is a compulsive risk-taker.
The PM alleged that a 'PC' (percentage commission) culture has become the state government's identity.
Boosted by handsome royalty from oil facilities at Barmer, the Rajasthan government has spent nearly Rs 30,000 crore on various social welfare schemes in the last four-and-a-half years. Chief Minister Ashok Gehlot tells Business Standard's Mayank Mishra that the state's better performance on various socio-economic indices is a result of that. The excerpts:
The prime minister sees himself as the "vikas purush". But realising his government's agenda for development requires not just a more efficient administration but also a credible implementation plan, says Nitin Desai.
India on Wednesday extended a hand of friendship to Pakistan, saying it was time the two countries display "maturity and self-confidence" to do business with each other.
'The real test will be in defence-related deals, for instance the Javelin anti-tank missile: Is the US willing to co-develop something with India, on terms that will support the 'Make in India' initiative? Is there defence technology transfer? Or will it dump old junk on India?' asks Rajeev Srinivasan.
Here's the full text of Prime Minister Narendra Modi's address to the United States Congress.
