Though the current National Democratic Alliance government has not endorsed the figure, it has not even repudiated it.
India, China and Russia on Thursday held a trilateral meeting on Afghanistan's security situation against the backdrop of the US' plans to withdraw its troops from the war-ravaged country, raising fears of re-emergence of Taliban and al-Qaeda linked elements.
Inflation is down, growth is headed for recovery. RIL and subsidiary Jio are on an upswing. However, stressed loans and impending job losses are the dark clouds, says Devangshu Datta.
Participants will watch out for the Brexit poll outcome in the late morning trades tomorrow.
The Vasundhara Raje government's initiatives mark a critical step forward in labour law reforms.
'Poor home work, and a subsequent loss of nerve.' 'This sums up the Modi government's current travails, the stall in key sectors, fading momentum, irritability,' points out Shekhar Gupta.
The government on Monday came under sharp attack on the issue of crucial files of Coal ministry going missing, with the Opposition alleging that it was a conspiracy to save Prime Minister Manmohan Singh in the coal block allocation scam and demanding an impartial probe into it.
'If it is true that we are in a moment in time when the few economic advantages we hold are being lost, our focus must be on that rather than on finger-pointing,' says Aakar Patel.
Foreign institutional investors were net buyers in Indian equities worth Rs 277.92 crore on Tuesday
Modi has the ideas for a new, hopeful India, and an idiom in which to sell optimism to voters. But he doesn't yet have the team for it, and soon enough, questions will begin to be asked by an impatient, non-ideological, I-don't-owe-anybody-anything generation of Indian voters, says Shekar Gupta.
'People have been flying for years on the basis of a police clearance and an airport entry pass.' 'Then they came out with a convoluted thing -- that your police clearance must be from your place of residence.' 'Now if a pilot is sitting in Delhi but is from Timbuktoo, the papers will have to come from there.' 'So at any point, you have a certain number of pilots sitting on the ground because his AEP has expired and the papers haven't come.' Revealed: India's bizarre processes to get pilots to fly planes.
The committee said the move 'clearly undervalued the company and its long-term growth prospects'.
According to the report, the generation projects envisaged for completion by 2018-19 need to be given priority in fuel linkage.
A whopping Rs 30,000 crore is likely to be spent by the government, political parties and candidates in the upcoming Lok Sabha elections, making it by far the most expensive electoral exercise in Indian history.
ONGC's chairman and managing director Sudhir Vasudeva tells Business Standard that any price for natural gas that is more than $4.2 a unit is good for the company.
India's steel imports from China, the world's biggest producer of the alloy, doubled in April-September from a year ago though the country has enough capacity to meet its demand.
The government has given up plans to reconvene a parliament session to secure approval for a common goods and services tax.
Under attack over the alleged power projects scam in Arunachal Pradesh, Union minister Kiren Rijiju on Tuesday rejected allegations of wrongdoing and said those who have "planted" the story against him "will be beaten up with shoes".
The special court has asked the Central Bureau of Investigation if the then coal minister was examined by it in a coal scam case involving Kumar Mangalam Birla and others.
Vice-President Hamid Ansari embarks on an important Latin American visit, heralding that resource-rich continent's importance to India.
The finance minister admitted that there was no quick-fixes to economic problems and the government is working to stabilise the economy which may take time.
About 53 million homes in the country are yet to get electricity and many industries depend on diesel generation sets to meet their requirements.
Need for consent of affected families and social-impact assessment could go.
The State must stand as a solid tower of confidence to provide a guarantee of safety to its citizens and instill fear in the hearts of offenders. But where is that State, asks Tarun Vijay
'You cannot judge a government within a month. Give us five years' time.' 'At times, strict economic decisions have to be made for the good of the poor in the long run.' Dharmendra Pradhan, one of the Modi government's stars, speaks exclusively to Sheela Bhatt/Rediff.com about why the government is forced to roll out 'bitter medicine.'
Captain Pradeep Shoury Arya is an Income-Tax officer whose mission against terrorists in J&K won him the Shaurya Chakra.
Dispute resolution provisions in the production sharing contract remained unimplemented, while the regulator faltered, points out Jyoti Mukul.
Full list of the rejigged Union Council of Ministers
The measures needed for implementing this new system would start rolling in few weeks, the minister added.
Odisha Chief Minister Naveen Patnaik may be questioned by CBI for writing a letter of support in favour of Hindalco, an Aditya Birla group company, after its bid for coal mines was rejected by coal ministry.
Duvvuri Subbarao recounts how his tensions with P Chidambaram and Pranab Mukherjee, then finance ministers, over monetary policy spilled over into other issues in the central bank in this excerpt from Who Moved My Interest Rate?, his memoir of his term as Reserve Bank of India governor.
In his pre-departure statement, he said trade ties between India and Russia can increase even further, to benefit not only the two nations but also the world.
Indian business has many legitimate grievances against the political class for not delivering an optimal business environment.
The government has retained 10% duty on import of the yellow metal.
The government has made it much harder for tycoons to get special dispensations from Delhi
While in the AIADMK office you could feel the vibes of victory, at OPS' house you could feel the struggle.
Then chief minister Jyoti Basu once told an industrialist that capitalists were class enemies and he should expect no sympathy.
NDA's energy plan powered UP win, but it's not a winner yet. Centre has claimed to have saved money by targeted coverage but critics say the system is not yet foolproof.
Stating that its ATM operations are making losses, nation's largest bank SBI has said it is all for charging customers for transactions.
There is an attempt to brush aside the results of all surveys that point to a deteriorating jobs situation. This is counter-productive, says Mahesh Vyas.
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