The Modi government's e-auction policy for coal, meant to shield the consumer against hike in electricity charges, has already led to serious allegations of cartelisation among the bidding corporates. Matters came to such a pass that the government at one point last week was considering inviting the Central Bureau of Investigation to probe the matter, reports Sheela Bhatt/Rediff.com.
Indian economy about to take-off
Mark Mobius, executive chairman, Templeton Emerging Markets Group, is positive on India and believes the Indian economy is on a strong footing
The opposition has attacked the Modi government over the National Democratic Alliance's last full-fledged budget before the 2019 Lok Sabha elections.
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Modi government has taken some interesting policy decisions in the 100 days since the time he met President Pranab Mukherjee to present his claim as Prime Minister of the world's largest democracy, says Tanmaya Nanda.
Growth in India will pick up from current levels, says LEO Puri, managing mirector, UTI Asset Management Company.
After the Bihar setback, these are the issues the PM must address to maintain the people's faith in him.
The euphoria of Ab Ki Baar Modi Sarkar will fade quickly if the Modi government does not raise its game, and focus significant monetary resources and managerial skills on making India's infrastructure truly world-class, says Ram Kelkar.
'The mood in Beijing is already nervous and feverously watchful.' 'Developments in China will be scrutinised as intensely and nervously as the ones in Washington,' says Claude Smadja.
It's difficult to understand if GDP growth has actually improved.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
Bull run in the markets is likely to continue for next 5 years, says Motilal Oswal MD.
Budget will get a welcome reception from the international biz.
Heads of state and big-name billionaires opened the Paris climate summit with a bang on Monday.
Arun Jaitley had a tough fiscal hill to climb.
Budget 2016 may hold some answers to start-up cooncerns.
'Imran Khan hopes to fulfill the dreams of the founders of of Pakistan in establishing an Islamic Welfare State.' 'The grave situation of the economy makes realisation of this dream very difficult,' points out Colonel R N Ghosh Dastidar (retd).
'India needs to adopt a more proactive policy of triggering exports to China.'
'There is a Jack Warner or two in every Caribbean parliament today.'
How could India@75 improve law and order, courts, social, physical and soft infrastructure, efficient cities, e-governance, ease of doing business and other essential state functions by 2022, asks Shailesh Pathak.
'There are a lot of positive things these reforms are bringing about and it is only a matter of some quarters before the growth rate picks up momentum.' 'Until then we need to be a little bit patient.'
A review of key pronouncements he made in his first Independence Day Speech on August 15, 2014.
Industrialists have the same complaints as they did in the UPA's second stint.
Without cash flows, one can hardly aspire to better living conditions.
The DMK has Stalin and Stalin alone as the key campaigner. The rest of them all, including half-sister Kanimozhi, are tied down to their own constituencies while those like party treasurer and former minister S Duraimurugan, to those of their children's constituencies.
'These are challenging times and we get energised by that.' 'I don't feel that 'I am tired now and I should relax', because even if someone calls us at 12 o'clock I have to answer his call.'
Financial numbers can sometimes paint a rosy picture because of changes in the accounting policy or a one-time income.
A moderate GST rate obviates the need for the two-rate structure.
Progress on several parameters creates a tipping point situation.
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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.
What Shekhar Gupta would have really liked to know from Pranabda: Why did Sonia prefer Dr Singh to him as PM? Why did he deny finance first, why did he accept it 5 years later, and why did he make such a mess of it? How did he force Sonia to nominate him for President and not Hamid Ansari? And how does he justify that most toxic legacy -- the Vodafone tax amendment?
South and South-West Asia could witness an economic growth of 5.3 per cent in 2015, which will be a four-year high.
Even Delhi does not have a full-time registrar of chits.
The target of $500 billion in bilateral trade by 2020 is doable, feels Anand Sharma.
FIXES BY THE GOVERNMENT: Energy price fixed, tax issues linger.
Outlining seven principles of engagement for closer cooperation between India and China, Prime Minister Manmohan Singh on Thursday said the two countries should show sensitivity to each other's interests and sovereignty and move quickly to resolve the boundary issue.
China has cast a long shadow on India's economy.
Prime Minister Narendra Modi, who recently completed one year in office, has, in an exclusive interview with Smita Prakash, editor, ANI, said the opposition alleging that his government is a "suit boot ki sarkar" is definitely better and more acceptable than being labelled a "suitcase" (ki sarkar), and satirically added, that after ruling for sixty years, the Congress has suddenly remembered the poor.
BJP President Amit Shah -- arguably the second most powerful politician in the nation -- granted a rare television interview to the Network 18 group of news channels. Rediff.com's Rajesh Alva checks out what the BJP boss said in this word cloud assessment of the interview.
Chief Economic Advisor Arvind Subramanian's interview.
