With wages rapidly rising in China, all is still not lost. Wage costs in India are significantly lower and this fact could still help us turn the tide in our favour.
Most top industrialists rate PM's first 100 days in office as 'good', primarily due to his intentions, not concrete policy measures.
According to sources familiar with the development, Sebi has decided to make references to the Ministry of Corporate Affairs and the Department of Revenue, citing violations of the Acts these bodies govern.
'Nitish Kumar has only done what any smart politician will do in his place,' says Saisuresh Sivaswamy.
The call to make brand ambassadors accountable has rattled filmstars and sports stars.
'Make in India' could suffer the same fate as did privatisation and the command economy, says Ajit Balakrishnan.
Inflow of more funds is likely to widen the reach of insurance and drive M&A activities in the sector where growth has stalled.
The economy could return to 8% growth by the end of 2017-2018, says Arvind Panagariya, vice-chairman NITI Aayog.
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
Budget should raise revenues & reduce spending to increase capital expenditure.
It is doubtful that our political masters are even aware of the features of the Model Law.
'In the name of pluralism-secularism, the kind of politics that was pursued revealed to many that it was basically a favour to Muslim conservatism and communalism -- a politics of minority-ism, rather than of secularism.' 'This is how significant sections of Hindus have been made to loathe the very idea of Indian secularism by now,' says Mohammad Sajjad.
The Raj Thackeray-led Maharashra Navnirman Sena deteriorated thanks to its own doing and absolute lack of vision. Now it seems it is only a matter of time before the Shiv Sena goes the same way. Both cousins will ensure they finish the 'Sena', says N Suresh.
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.
Fraud is a big concern among many board members.
'Indian nationhood is indeed at the cusp of alarming redefinition -- hate-filled, and exclusionary.' 'Nations are not built this way, instead these are the ways of liquidating nations.' 'We must pre-empt it.' 'Can we?' asks Mohammad Sajjad.
In the first of a three-part series Paranjoy Guha Thakurta details the salient features of the Undisclosed Foreign Income and Assets (Imposition of Tax) Act, 2015.
The hype surrounding the Budget gives it undue importance.
'Independence Day has been India's annual general meeting. For the most part, it has been a forgettable experience of ritual observances. Not so this year... Mr Modi instead presented what I call a moral balance sheet of India,' says Shreekant Sambrani.
Agricultural incomes can be taxed without hurting farmers, as a substantial section - the small and marginal ones - will remain outside the tax net simply because their incomes are likely to be below the basic exemption limit of Rs 250,000 per annum that is extended to all taxpayers in India, finds out Ishan Bakshi.
The city readies itself for the biggest economic, political and social event of the year
There could be a strong incentive for tax payers to avoid the higher tax burden.
The year 2014-15 could well go as one of long-pending financial sector reforms, expected to have a lasting impact.
'The height of irony is that Bobby Jindal will always be known as the first Indian-American Governor, the second Indian-American Congressman and the first Indian-American Presidential candidate, regardless of his claim to be just American. Given the situation in the US, no one will be able to erase his identity in relation to his origin.'
The government has provided a long-term vision.
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?
Maharashtra politics is at crossroads. Anything can happen in this dynamic situation. Uddhav will have to prove he is a worthy inheritor of his father's legacy and keep his cadre and leaders in the party stable. Fadnavis will have to prove that manoeuvrings on floor of the house was an inevitable political necessity to change the destiny of Maharashtra eventually. Modi and Shah will have to show that they can and will are resist use of 'the system' in the pursuit of power. Sheela Bhatt/Rediff.com analyses the situation.
Congress Member of Parliament and party spokesperson Sushmita Dev tells Kavita Chowdhury that party Vice-President Rahul Gandhi's "new kind of politics" has revitalised the party, lifting it from the gloom of the 2014 general elections.
'India is no longer the India of the '70s and the '80s.' 'It's a large country with the fastest growing economy.' 'In working with India, you just can't go and humiliate the nation publicly.' USIBC President Mukesh Aghi tells Aziz Haniffa/Rediff.com about how he advises American companies to do business with India, what he thinks of Modi's government and the way forward for the India-US relationship.
Maharashtra Finance Minister Sudhir Mungantiwar speaks to Prasanna Zore/Rediff.com.
Chennai Super Kings and Rajasthan Royals were suspended from the Indian Premier League for two years for betting activities of their key officials, Gurunath Meiyappan and Raj Kundra, during the 2013 season of cash-rich Twenty20 cricket tournament.
Indian economy about to take-off
Sunday's results may be a bitter pill that the Congress has to swallow -- that its future cannot be hitched to Rahul unless he can resonate with the people, feels Saroj Nagi.
This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India.
