The system envisaged under the FRDI Bill, if implemented properly, would help improve the efficiency of capital allocation without harming consumers, and without risking the stability of financial firms, says Ajay Shah.
In its first public protest, the O Panneerselvam-led All India Anna Dravida Munnetra Kazhagam faction on Wednesday observed a day-long fast across Tamil Nadu demanding a probe into the death of J Jayalalithaa.
'The hour is very late, and the choice between triumph and tragedy knocks at our door,' says Ajay Shah.
the RBI will need to fulfil its April 4 pledge to avoid liquidity shortages.
Well then, what did DeMo achieve? As predicted by most economists, the volume of transactions fell, economic activity was adversely impacted, and some sectors (which were more dependent on cash transactions) witnessed greater disruption than others, says Rahul Khullar.
The vote was tied 7-7 until... Aseem Chhabra/Rediff.com reveals how Court was chosen as India's nominee for the Academy Awards.
Rediff's Love Guru has answers to all your relationship problems.
Brijmohan Lall Munjal was a perfectionist, who empathised with people who worked for him.
AMU has once again been pulled into a crossfire of crass political opportunism. In these post-truth times, that the university also had political stirrings not subscribing to the Muslim League is chosen to be forgotten, says Mohammad Sajjad.
The Information Technology Act needs another tweak to allow a different kind of information intermediary to flourish, says Ajit Balakrishnan.
Brijmohan Lall Munjal, 92, who recently became chairman emeritus of Hero MotoCorp, single-handedly rewrote the rules of the motorcycle business
Hidenori Ish talks about his fascinating journey, from a small town in Japan to Tamil Nadu in India, for the love of music.
'We all expected Modi with the majority to tame the bureaucracy, but it is the bureaucracy that tamed him.'
'When the youth population is so large, in a globalised world, they look for opportunities. Are there enough opportunities for the youth in India?' 'The idea of affirmative action has to be creating capability. All individuals have potential. Unfortunately, there is capability deprivation because of the State's inaction.' 'Nation building has been a disaster in India mainly because we lacked the work ethic compared to the US and European countries.'
Malliga and Jayalalitha talk to Shobha Warrier/Rediff.com about how millet farming changed their lives, their successful trip to Milan and how their 'murukku' was appreciated at Milan.
Udayan Mukherjee, who stepped down earlier this week, was the first full-fledged market commentator Indian business television knew of.
'There are some castes that grab power, then pass on the benefits to those who belong to their own caste.'
'There were tears in my eyes when I parted with my medals. I thought was it for this moment did I become a soldier?' In 2008, Captain H Balakrishnan (retd) of the Indian Navy returned all his medals to the President of India to protest the government's failure to implement the One Rank One Pension scheme.
'Modi has entered blunderland as he does not understand the army. He has actually meddled with the army, which is much more damaging than the ignorance of Sonia Gandhi and Manmohan Singh.' 'People had an impression that the BJP was different. Now it has been made very, very, plain that it is not.' 'Look at the contrast in the behaviour of the prime minister. When they burnt buses in Gujarat for an unjust demand, the prime minister addressed them in Gujarati while the army veterans were on relay hunger strike for the 74th day on that day, but no word on this from the PM.'