India's human development indicators show that deprivation extends well beyond the 22 per cent of population who live below the official poverty line.
Private equity investing can be rewarding, but an investor needs to be patient as exiting can be tricky and these assets do not provide instant liquidity.
The government also proposed promoting 'one product one district' for better marketing and export of horticulture crops. It also called on states for early implementation of three key central model laws on land leasing, agriculture produce and livestock marketing and contract farming.
Nokia may now not sell its Chennai unit.
While riskier than debt, Sebi's stringent guidelines may ensure a safe and liquid product.
Lending on peer-to-peer platforms is fraught with higher risks but investors can earn as much as 12% to 36%.
Just a few weeks ago, the Centre has come out with the long-awaited Motor Vehicle Aggregator Guidelines, which have drawn a dismayed response from the companies concerned.
The lock-in would be for a period of six months.
People can deposit idle gold with authorised agencies and take advantage of the price escalation of gold as well as earn interest on the deposit.
'The spirit of cooperation between the Centre and states has been diluted in many ways.' 'The level of consultation which used to be there earlier has reduced significantly.'
'The prime minister's advisers might have told him that going along with this AIADMK government will damage his image.'
Globally, the focus has moved back to India, especially in terms of telecom assets. Vodafone Idea, with some 300 million customers, continues to be attractive with shares available at a low price.
Earning returns from an asset lying idle can be a good option in times of volatility.
Retirees must also try and purchase a senior citizens' policy, despite steep premiums.
These three industries might offer a roller-coaster ride and stocks would have to be held for a significant time.
After helping the government in policymaking since October 2014, Chief Economic Adviser Arvind Subramanian is returning to academics and will be teaching at Harvard Kennedy School on a visiting position. In an interview to Dilasha Seth and Somesh Jha, he says the ease of doing business agenda needs to move forward and India must try to integrate with the global value chains. Edited excerpts.
Investing in start-ups can be highly rewarding, but direct investing is not meant for everyone. For the majority of wealthy investors, taking the private-equity route could still be the better option.
If net forex outflows turn out to be relatively high in the next few years, the rupee could depreciate beyond Rs 80 to a dollar by 2022. The causal reasons could, for example, include unmet expectations of FPI and FDI investors about the performance of the Indian economy, sharp rise in prices of imported oil and decrease in FX remittances. The RBI has to ask itself whether guaranteeing future rupee-dollar exchange rates on FX forward contracts is a reasonable way to use its risk-bearing capacity, says Jaimini Bhagwati.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Interest rates on bank FDs have started coming down and rates on other fixed-income products will also decline. Investors should lock in to instruments offering higher returns.
Naidu, a former BJP ally, said he will meet non-BJP political leader and convince them about the need to fight collectively against the BJP.
While you can land a very good bargain in an auction at times, you might need to deal with illegal occupants and dues on the property
Overseas airlines can operate unlimited number of flights into and out of India.
Liquidity, stable income generation, potential capital appreciation are the benefits from REITs
Slow pace of reforms in India is disappointing: Faber
'Jobs will exist at very high levels or low levels of skill sets.' 'People, who are in middle level jobs, are the ones who are facing the problem as such jobs are fast disappearing because of technological advancement.'
'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.
'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).
Stressed asset funds could offer higher returns than traditional fixed-income funds, but holding period will be longer due to the risky underlying assets
Indian economy about to take-off
Labelled as the semi-final before the big Lok Sabha poll, assembly elections in five states will set the tone for summer of 2019.
India will need an annual investment of Rs 15 trillion in infrastructure over the next five years, says Chandrajit Banerjee, DG, CII.
A whole-life policy can also be a source of credit for other purposes.
The government has provided a long-term vision.
'Freebies are yet be proven a 'pucca' vote-catcher. But don't say that to KCR because he takes pride in two things: His record of delivery and imagination,' says Shekhar Gupta.
The NDA government was initially reticent about fleshing out its economic strategy for the future. But now that it has taken enough bold initiatives on the economic front it must have the confidence to tell us more about its approach going forward, says Abheek Barua.
For FY14, the first full year of the law's implementation, the spend could go up to nearly Rs 8,700 crore (Rs 87 billion), given that India Inc's profitability has grown at a compounded 7.5 per cent annually in the past three years.
The workers who were hired straight out of school as unskilled labourers are now struggling to find alternative employment because they lack skills.
Livelihoods and lives are being destroyed in the name of building a 'better' India, writes Congress leader Sachin Pilot, in an exclusive column for Rediff.com.
"They call themselves the champions of speech and expression. But deny the same for the people of Kerala."