'In many parts of the country, the empty nest-and-empty-nest egg story is a painful boom-to-bust saga.' 'Among the old and young, it is hitting pockets hard, in a linked chain of debt-laden banks, corrupt politicians and builder mafias and disastrous government policies,' says Sunil Sethi.
With a middle class still so small and no apparent leaps in productivity on the farm or in manufacturing on the horizon, India faces its own age of diminished expectations.
Banks cannot shirk their responsibility in cases of frauds.
The 30-share Sensex dropped 298 points to end at 27,209 and the 50-share Nifty has lost 93 points to end at 8,174.
Be a disciplined investor for attractive returns, says fund managers.
Former chairman of the UIDAI Nandan Nilekani, elucidates how Aadhaar could become the spine for alternative banking and could replace government services with cash benefits.
On this joyous occasion, rediff.com wishes all its readers 'Merry Christmas and a Happy New Year,' as we a take a look at pictures of Christmas festivities from across the globe.
Praising the US for turning barriers into bridges of partnership, he said that America had stood with India when the support was needed the most, like when terrorists attacked Mumbai in November 2008 and in other economic endeavours as well
Cyber crimes caused by the insured's employees also get covered under the policy but would exclude the actual perpetrator.
Summary of sports events and persons who made news on Tuesday
His songs were the anchor, the substratum, if you will, upon which life unfolded day after day, decade after decade -- across villages, towns, cities, and regions. Siva Sankar pays tribute to S P Balasubrahmanyam, the legendary singer who passed into the ages on Friday.
Here's the full text of Prime Minister Narendra Modi's address to the United States Congress.
The government's initial promise and energy seems to have dissipated.
The Union Health ministry put the number of positive cases at 82, eight more since Thursday night, which includes the woman and a 76-year-old man from Karnataka who became the country's first coronavirus fatality besides 17 foreign nationals, Health Ministry officials said.
Businessman P C Mustafa wants Indian Americans to return home, Cognizant CEO Francisco D'Souza outlines how Indian tech companies could grow, Gaurav Dalmia has some investment recommendations while Subramanian Swamy warns that India is flirting with a debt trap.
New regime places more limits on unregulated foreign entities
Prices moved up sharply in recent months.
'Gandhi turned his life into a counter-intuitive experiment in old ideas like non-violence and swadeshi.' 'He offered numerous universal ideas that talk to the human condition.' 'His ability to take risks was outstanding,' says Sopan Joshi, explaining why the Mahatma's ideas are as relevant as ever.
While some CMs suggested reopening economic activity in phases, others pitched for the extension of the coronavirus lockdown, but with a carefully crafted exit strategy
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The president called for tax reform that eliminates corporate-friendly loopholes, highlighted his earlier proposal for free community college.
For the first time the Ford Foundation is placed under a watch.
You can still save money, says Samkit Maniar
Beat gains made by mid-cap, broader indices.
Amid a raging debate over intolerance, former Prime Minister Manmohan Singh on Friday deplored "blatant violation" of the right to freedom of thought by "some violent extremist groups" and shared the view that it was an "assault on the nation".
Commercial banks are also expected to be soft on loan repayments and restructure the loans, if not write them off.
Modi is optimistic that the reforms will be passed soon.
A referendum will be held on Thursday, June 23, to decide whether Britain should exit (Britain's exit, hence the term Brexit) or remain in the European Union.
This is the time when the US would need the conceptual strategic thinking of a Henry Kissinger, able to ally diplomatic skills with a well-conceived worldview of what the emergence of a new balance of forces will mean for a US whose ability to shape global events has definitely declined but still exists, says Claude Smadja.
Trump to sign an executive order aimed at achieving a more skills-based and merit-based immigration system.
Abhishek Singhania left a career at PwC to work in a food security project as a research fellow.
Indian economy about to take-off
Furthering Indo-US cooperation on terrorism, Prime Minister Narendra Modi and President Barack Obama on Tuesday agreed to make "joint and concerted efforts" to dismantle safe havens for terror and criminal networks like Lashkar-e-Tayib, Jaish-e-Mohammad, Dawood-company, Al Qaeda and the Haqqani network.
The prime minister and president stated their intention to expand defence co-operation to bolster national, regional and global security.
Exchange rates to provide for 5-7% savings in package costs; consultants forecast higher property purchases by Indians; currency depreciation to make education cheaper
Woefully inadequate infrastructure is just one of the many reasons why a case is not settled within 180 days and even 270 days as envisaged by the law, says Tamal Bandyopadhyay.
The overriding objective of the National Investment and Infrastructure Fund (NIIF) must be adequate economic return, not financial return.
Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.
"In the flux and transition of our times, the most critical need in this region is to uphold and strengthen the rules and norms that must define our collective behaviour," he said.
'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.'
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