Looking under the hood, I see India on the terrible, but commonplace, road to prosperity failure, warns Rathin Roy.
A probe into the fraud had revealed that the main accused, Shiv Raj Puri, then a Citibank relationship manager at its Gurgaon Branch, was offering to its clients fabricated investment schemes with guaranteed high returns and received signatures on blank fund transfer forms.
The timing coincides with Maldivian President Mohamed Muizzu's recent state visit to China, aimed at strengthening ties.
Live on one of Gelephu's inhabitable bridges where elephants will saunter past, be it day or night; or be homed in a never-ending building with flying cars and robot maids? asks ambivalent Sandeep Goyal.
Rediff.com take a look at the crorepatis contesting the Lok Sabha elections
Aircraft maker Airbus on Thursday announced awarding a contract to Indian company Dynamatic Technologies for manufacturing all the doors for its next-generation narrow body A220 planes, giving a boost to the 'Make in India' initiative. While financial details were not disclosed, Civil Aviation Minister Jyotiraditya Scindia said it is one of the single-largest export contracts for an Indian aerospace manufacturing company and emphasised that the country is becoming a destination for aircraft component manufacturing activities.
Powered by strong demand from IT and related sectors, Bangalore is seeing a record absorption in commercial and residential segments amid a sharp fall in demand seen in key property markets such as Mumbai and the national capital region (NCR).
Over 100 workers have been killed during the construction of the metro railway in India's capital city, New Delhi, since 1998, according to a submission by the metro authorities.
A city resident doesn't find Delhi to be livable anymore.
Move comes after bank's failure to close deal with HSBC.
Faced with slow offtake in big-ticket residential apartments, property developers are launching one bedroom (BHK) apartments to generate fast liquidity.
Mumbai is the top city in India in population, but Delhi National Capital Region beats the country's financial capital when it comes to urban agglomerations.
Mumbai, the financial capital of India, witnessed the sharpest decline in rental values in the first quarter of 2009, while the National Capital Region witnessed significant decline in rental values in central business district in the first quarter of 2009, according to Cushman & Wakefield's latest office market report. Demand declined by approximately 30 per cent over the first quarter of 2008.
In a statement, the Israel Defence Forces (IDF) said, 'Hassan Nasrallah will no longer be able to terrorise the world.' The IDF said that alongside Nasrallah, the commander of Hezbollah's so-called Southern Front, Ali Karaki, was also killed, along with other commanders, Times of Israel reported.
Tata Sons will likely choose Singapore as a "key partner" for its semiconductor plans, a senior minister from the city-state said on Friday. Speaking to reporters after a meeting with Tata Sons chairman N Chandrasekaran earlier in the day, Singapore's minister for home affairs and law K Shanmugam said semiconductors was a "big discussion" point during the meeting. "If they (Tatas) want to, they can do business with anybody in the world.
India has 50 startups with the potential to achieve the coveted 'unicorn' status in 2022 and by the end of the year, the list of the new-age companies valued at over $1 billion will be at least 100, a report by a consultancy firm said on Monday. In 2021, which witnessed a huge spike in company valuations in the listed and unlisted space driven by ample liquidity, according to some watchers, India added 43 startups to the list and the number of unicorns shot up to 68 by the end of the year. Over $10 billion was invested in the Indian startup ecosystem in the October-December quarter alone, according to the report by PwC India.
Some of the areas still gripped in the hazardous category of air quality index.
"We are waiting for our good friend Modi and best regards to him," the Russian media quoted Putin as saying in the meeting with Doval.
The India-United States relationship is set to expand under the Donald Trump administration, but there could be some unease on issues like imports, tariffs and immigration, strategic affairs experts said after the Republican leader won the fiercely contested presidential election.
A voter turnout of 10.82 per cent was recorded till 9 am on Saturday in 58 constituencies in six states and two Union territories where polling is underway in the sixth phase of the Lok Sabha elections.
Both candidates have shifted from their traditional constituencies - Sadhotra from Marh and Sharma from Akhnoor - after these two segments were reserved for Scheduled Castes.
Tharoor argued that the proposed bill represents a "grave chapter in the history of the Indian republic, seeking to ratify an ordinance that in many ways is an assault on our democratic heritage and the spirit of federalism."
Try to assess whether the broker has good knowledge of the prices prevailing in the area you are interested in, and is able to provide the pros and cons of various projects.
The Rajasthan Venture Capital Fund (RVCF), which has a corpus of Rs 100 crore (Rs 1 billion), would focus on innovative projects in the small and medium enterprises (SME) segment, such as the IT/ITeS, bio-technology, retail, tourism, hospitality and entertainment sectors.
The prime minister also underlined the importance of a free and open Indo-Pacific for the Pacific island nations and said India respects the sovereignty and integrity of all countries.
Simply put, tax evasion occurs when any trust, individual, or firm, seeks to avoid paying taxes by illegal and unfair means, by, for example, deliberately hiding income from the tax authorities to reduce the tax liability.
Innovative distribution, production centres that are close to the market and high-decibel promotion -- the French dairy major is trying hard to catch up with the three leaders in the space.
According to an expert tracking the sector, by Diwali 2014, the prices could correct 10-15 per cent in the National Capital Region, Mumbai and other similar high-end markets where rates have surged in recent times.
The minister said the monorail systems can be built under public-private-partnership mode.
Can Volvo take advantage of the festive season with the launch of its refreshed cars that rival Audi A4 and Q3?
'Milk City' plans to distribute milk at rates which are almost Rs 7-10 a litre less than the current prices.
There is a view that heavyweight portfolios like home, finance, defence and external affairs besides education and culture, two ministries with strong ideological hues, will be kept by the BJP, while its allies can get anywhere between five to eight cabinet berths.
In its rise to the top of the voice-based BPO business, the Philippines has brought a great deal from the Indian industry but has also learnt from its mistakes.
The United Kingdom extracted USD 64.82 trillion from India over a century of colonialism between 1765 and 1900 and USD 33.8 trillion of this went to the richest 10 per cent -- enough money to carpet London in notes of 50 British pound almost four times over.
The study further said the mid-range housing segment is expected to drive the maximum demand of 45 per cent.
The avoidable stresses and strains in ties helped in one way. It showed for the entire region how a matured India handled diplomatic relations, especially with a smaller and suspicious neighbour, with practised dignity and patience, unruffled by provocations in word, deed and action, observes N Sathiya Moorthy.
The court was informed that the commission for air quality management will start functioning from today.
In addition to that, 68 people still remain missing, with 100 more sustaining injuries in the disaster.
The milk procurement prices have been continuously on the rise for the last 3-4 months due to increase in feed and fodder cost by 15-20 per cent and labour cost etc.
A 51-year-old woman died of swine flu at a private hospital in Delhi, doctors said on Friday.
