Raghuram Rajan is correct -- the RBI's monetary response to inflation in the past has been too weak.
Following the surge in demand, Bitcoin is being quoted on Indian exchanges at 25-28 per cent higher than the international price, reports Rajesh Bhayani.
Raghuram Rajan optimistic about passage of GST
Globally, the SME business is among the fifth and sixth positions for Adobe.
Companies are still struggling to recover from years of exuberance.
The Tata-SIA airline Vistara is gearing up to station an indigenously developed robot, RADA, at its signature lounge at Delhi airport's Terminal 3. Powered by AI, the robot is programmed to scan boarding passes, provide information on the terminal, departure gates, real-time flight status and weather conditions of destination city etc. And RADA can also entertain people by playing games and multimedia content, says Sangeeta Tanwar.
One should appreciate the sagacity and audacity of JRD and Nani Palkhivala in founding TCS on April 1, 1968. At that time there was no Microsoft or Intel, SAP or Accenture, much less Google.
They needed a person who could build and execute their vision: A frontiersman; a problem solver and an institution builder. It was their and India's good fortune that Faqir Chand Kohli more than measured up to their requirements and indeed laid the foundation to take TCS to unimaginable heights and to the giant success that it is today. Shivanand Kanavi salutes the incomparable F C Kohli, who passed into the ages last week.
'There is economic danger: Not inflation, but a slowdown that feeds an employment crisis,' says T N Ninan.
Prime Minister Narendra Modi on Wednesday said he has asked soft drink makers like Pepsi to try and mix aerated drinks with 5 per cent fruit juice to help distressed farmers find a new market for their produce.
Travel cards are like debits cards-loaded with the currency of your choice or which the lenders offer.
His compensation in FY17 was more than the combined salaries of the entire boards of TCS, Wipro and Infosys. 'I am a self-made man from a very modest background,' Tech Mahindra's CEO C P Gurnani tells Shyamal Majumdar.
For 'a person who has dedicated his life to teaching students, guiding them to restoring monuments and preserving our built heritage, I never dreamt that my home will one day be demolished.'
'If credit is not available, people will postpone buying. That's what has happened.'
Company launches claim guarantee scheme for customers.
'We are probably working with flawed data on household finance.'
Globally, brands are discovering the power of sonic branding.
'For the likes of Zomato or Swiggy or Foodpanda or similar others, the customer has been sensitised for all times to the perils of the food pack being pilfered.' 'An important matter of trust has been exposed. And that really has been the biggest downer of this entire episode,' points out marketing guru Sandeep Goyal.
In 5 years, the AMC has clocked a growth rate of 40% with its AUM up nearly 4 times.
The blockchain, the public ledger that tracks every bitcoin transaction, is changing commerce as we know it, says Devangshu Datta.
With GDP down by 2 per cent, while 99 per cent of banned notes make way back to the banking system, whom did demonetisation benefit?
'All businesses have to be run for business, for profits on a sustainable basis. It may sound old school, but then I have been in business for 32 years and you can't change an old tiger's stripes.'
The consumer price index has been in double digits for much of the past year, and was 9.8 per cent in September.
Rediff readers share their Cash Crisis experiences.
Can we make high speed 4G Internet available at 10 cents per GB, and make all voice calls free of cost -- that too in a large and diverse country like India? Can we make high-quality but simple breast cancer screening available to every woman, that too at the extremely affordable cost of $1 per scan? Can we make a portable, high-tech ECG machine which can provide reports immediately and that too at the cost of 8 cents a test? Can we make an eye imaging device that is portable, non-invasive and costs 3 times less that conventional devices? Can we make a robust test for mosquito-borne dengue, which can detect the disease on day 1, and that too at the cost of $2 per test? Amazingly, says Dr R A Mashelkar, the eminent scientist, all this has been achieved in India, not only by using technological innovation but also non-technological innovation.
Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.
Amazon's investors are counting on its international business and expansion to help drive growth and support its $165 billion market value, one of the highest among US firms.
Shankar Acharya gives ten predictions on key politico-economic developments in the world and ten for India.
The Ebitda margin, too, was lower than the expected 29.1 per cent.
What China's market crash means for India
The Livo is one stylish looking motorcycle that's a blend of swooping lines and sharp flourishes. The designers have done a brilliant job here to make sure that the Livo matches up to its heritage. In-fact, at first glance, one would easily be led to think that the Livo belongs to the 125cc segment instead of the 110cc.
When Reeti Pandharipande walked into the polling booth at 7 am, she expected to vote. Many hours later, she returned home tired and frustrated, with a finger that was not ink-stained.
'We have nothing to gain by helping any other country to become a threat to India,' former Sri Lanka president Mahinda Rajapaksa, who is on the comeback trail, tells Rediff.com in an exclusive interview.
Money is being released and the government knows it will have to front-run private investment.
Be it consumer products, lifestyle or entertainment, spiritual gurus are stepping into business and are finding success
Most expect these bubbles to break in short order and cause serious financial pain to anyone who's foolhardy enough to remain invested in financial assets.
Deepak Parekh, chairman of Housing Development Finance Corporation (HDFC), India's largest mortgage lender, says the exuberance in industry about the new government is justified but big ideas articulated by the prime minister need speedy implementation.
India'sstartups have a good beginning but will they survive competition is a big questions which needs immediate attention.
Biometric authentication is based on the unscientific and questionable assumption that there are parts of human body that does not age, wither and decay with the passage of time.
If the high security notes introduced in 2015 were kept in the system, the pain due to demonetisation can be ameliorated to a certain extent. But unfortunately, such thought process have no place in the hasty demonetisation decision.
Since 2004 the Congress has hung onto power in a situation in which it was on track to be out of power. In each case, it effectively gamed the system through Constitutional coups, argues columnist Rajeev Srinivasan.
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