More, many market gurus expect the Sensex to reach 30,000 levels by December and 40,000-45,000 in three to four years.
'Indira Gandhi, it appears, did not to consult her Cabinet colleagues, or diplomats, or civil servants when she decided to sign the agreement in Shimla.' 'We ruefully recall Bhutto's perfidy and the Indian prime minister's gullibility,' says Lieutenant General Ashok Joshi (retd).
A large chunk of the Rs 8.8 lakh crore of investments the Patnaik government had attracted is in uncertain territory.
'As the first leaders of their respective countries born after Indian Independence and the Chinese Liberation, Modi and Xi would be expected to have the ability to overcome the traditional mindsets and the hierarchical nature of their official/bureaucratic establishments,' say Alka Acharya and Jabin T Jacob.
M R Venkatesh, chartered accountant turned political commentator tells Shobha Warrier/Rediff.com that Modi's war is not against the opposition parties or the Congress but against the bureaucracy and the establishment.
'The government's proposal to store citizens' data including Aadhaar data under its Digital India initiative on cloud is violative of the citizens' human rights because the cloud is admittedly beyond India's jurisdiction.'
As India gears up to honour its pravasis on January 9 to mark their contribution in the nation's development, rediff.com presents perspectives from eminent writers on the Diaspora. Kicking off the series is Ambassador T P Sreenivasan, who points out that the change of the Diaspora policy put in place by Rajiv Gandhi following the military coup in Fiji and his decision to stand by them, was the one defining moment in India's dealings with its overseas family.
Addressing a joint session of Parliament on Monday, President Pranab Mukhejee spelled out the Narendra Modi's government's agenda. Here are the highlights of his speech,
Even if they score administratively, state governments ruled by the party suffer from an inability to communicate positively, say observers.
Arun Jaitley had a tough fiscal hill to climb.
It hopes to turn around Ranbaxy within four years of closing the deal by improving efficiency and resolving all regulatory issues
The government should now focus on governance and monitoring the supply side to manage inflation, says M V Subramanian.
President Pranab Mukherjee on Monday addressed the first joint sitting of Parliament as mandatorily required under the Constitution after the general elections. The address is the political, economic and foreign policy road map of the Narendra Modi government and covers virtually all crucial areas.
Modi government has to come up with a robust economic agenda to impress the masses.
Indian economy about to take-off
Once these banks start showing losses, they will not be able to pay dividends to the government nor pay taxes, which will further aggravate the situation for the government as its return on investment as an investor would be very negligible for the next few years, says M V Subramanian.
'In the first meeting of this new year, we took a joint new year resolution that we will complete it this year. At the time things were not very clear, but the mood was clear that yes, we must resolve it.' 'Yes, details have to come out, but there are some sensitivities, there are some stake-holders not yet on board, especially other Naga undergrounds etc, we would like them to come on board... So at a proper time it has to be revealed to the country, and to the legislature. Perhaps, we may have to wait for some more time.' 'With better understanding of the Indian system, many of them have learnt, realised, appreciated that Naga nationalist aspirations can be accommodated in the Indian system. The Indian system is pretty comprehensive and flexible.' 'A Naga has as much stake, claim over India as any other Indian. There is no distinction. This, Nagas have realised, that yes, Naga nationalist aspirations and Indian nationalism are not mutually exclusive.' Ravindra Narayan Ravi, the Government of India's Special Interlocutor for the Naga talks, explains how the Naga Peace Accord was reached in an exclusive interview to Saisuresh Sivaswamy/Rediff.com
IIM-B, professor R Vaidyanathan talks to Shobha Warrier about black money, Mudra Bank and Jaitley's Budget.
The government has taken a number of steps to address the situation faced by farmers.
With facts and figures, the CAG report has highlighted how Gujarat was far from a role model for states across India, and that the progress made in this province in western India in improving agriculture, education, healthcare and empowerment of women and children, was not exactly creditable, says Paranjoy Guha Thakurta.
Few top honchos of India Inc did very well in 2014.
The population in Gaza has, for almost a decade, been facing Israel-created 'blockage' from the rest of the world. The isolation has given rise to tunnel phenomenon, an underground route for the procurement of essentials, says Ajey Lele
'If Indian armed forces entered Pakistan and succeeded in inflicting major damage on the Pakistani army and occupied territory in the Pakistani heartland, there is reason to think the Pakistani military would use some nuclear weapons against the incoming Indian forces to compel India to stop.'
Power2SME, a one-stop shop for sourcing and buying raw materials for SMEs, is the only B2B firm in this space.
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