'I have no problems with the finance ministry or with state governments treating petrol pump prices as the last resort for meeting their ambitious spending targets with very limited revenue resources.' 'But let's do away with this smokescreen of free pricing of petrol and diesel and go back to administered pricing regime,' says Dr Sudhir Bisht.
The year gone by saw the high and mighty of the corporate world face the music in the Delhi High Court which held that the telecom majors are amenable to CAG audit and Mukesh Ambani's RIL struggling hard to get rid of an FIR lodged on gas pricing by the 49-day-old AAP regime.
ATCO's subsidiary, ATCO I-Tek, will become a part of Wipro after the closure of the deal, which is expected to be completed in this quarter.
Index heavyweight RIL surged 3% to end above Rs 1,000 mark while IT majors were also the top gainers.
Will Arundhati Bhattacharya be the RBI's first woman governor? Or will Urjit Patel succeed Raghuram Rajanas RBI governor when his term ends on September 4?
'The answer is no, the entire country's is.' 'So why such obsession with Delhi?' 'But the most powerful people in India live here: The prime minister, civil servants, Supreme Court judges, MPs, diplomats, dadas of the media...' 'If they can't deal with their own problem, what chance does the rest of the country have, with its foul air, dying rivers, frothing lakes, and crumbling mountains?' says Shekhar Gupta.
As President Biden moves ahead with a new 'strategic concept' for China and Russia, the going is bound to get rough for the US and its G7 partners, notes Ambassador T P Sreenivasan.
These refineries, commissioned mostly in the 1950s and 1960s during India's early industrialisation push, are inefficient and costly to maintain compared to their modern counterparts on the coast mainly operated by private companies.
The National Democratic Alliance government is weeding out independent directors on the boards of public-sector undertakings (PSUs).
White House said Trump strongly believed that protecting environment and 'promoting our economy are not mutually exclusive goals'.
If indeed the issues involved between the government and RBI are of immense public interest, why not make public the arguments of both the government and the RBI, irrespective of the outcome of the process, says Tamal Bandyopadhyay.However, the Act is silent on what happens if the governor's views differ from that of the government. If Patel does not want to budge from his stance the government can either see merit in the Governor's arguments and decide against going ahead with its plan or overrule him. My guess is that the issues raised by the government need to be sorted out not at the November 19 board meeting but between the Governor and the government, says Tamal Bandyopadhyay.
Out of nearly 30 public sector undertakings and assets under 'strategic sale' plan, only the ONGC-HPCL plan has been completed
The amount is around a fifth of the cumulative investment in fixed assets by these companies.
Markets ended higher, amid firm global cues, and are on track for third straight day of gains.
Finance Minister Arun Jaitley has said the larger interest of the public sector would be fully protected.
The 30-share Sensex lost 12 points to end at 29,559 and the 50-share Nifty climbed 4 points to close at 8,914.
President Pranab Mukherjee's recent visit to the Pacific Island nation is path-breaking, but much more needs to be done, says Dr Rahul Mishra.
'This is not a time for bruised egos, face, shows of state power, petulance, or PR spin. It is a time for big-tent action across a table -- no matter how acrimonious -- with transparency, and with the media present,' notes Vijay Verghese.
'... the government provides adequate cash and kind support for the poorest of the poor for survival... ...conditional cash and skilling support for the economically poor to raise their incomes to adequate levels... ...and make functional arrangements for providing unemployment allowance to the vulnerable poor during disasters like the present one.'
There are actually great similarities between the two PM
The brand image, however, may not tarish further as it will have already taken the beating due to consistent injury
A brief report card on Modi's ministers.
A policy-related problem that urgently needs to be redressed is the 'miniaturisation' of projects.
'Antony and I have been friends for over half a century, and I know the man does not tell lies. The problem is that what he believes to be the truth might not actually be true. He may believe that India needs the Congress, and that the Congress in turn needs the Nehru-Gandhi family, but that does not mean that India shares those articles of faith,' says T V R Shenoy.
A heavy agenda including the ordinance on the Food Security Bill awaits the Monsoon session of Parliament beginning on Monday amid expectations that the short sitting will be more businesslike and smooth as compared to the din and dust in the last few sessions.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
China will prioritise the development of a floating nuclear power platform in the coming five years.
'There exists a 'brotherhood' of sorts for a very long time and corrupt dealers and corrupt OMC officials are in it together,' Ashwani Attrish, founder, Empowering Petroleum Dealers Foundation, tells Sudhir Bisht, a veteran of the petroleum industry.
Duty cut on raw material imports are not likely.
Friendlier government policies, greater demand and better supply of coal have fuelled investor interest.
Prime Minister Narendra Modi is in Tanzania where he held talks with Tanzanian President John Pombe Joseph Magufuli.
The second part of our series on Prime Minister Narendra Modi's ministers with a criminal record.
Big ticket defence deals including purchase of missile systems, frigates and joint production of helicopters were sealed on Saturday.
The 30-share Sensex surged 299 points to close at 28,736 and the 50-share Nifty gained 90 points to end at 8,723.
The prime minister's August 15 address was undoubtedly inspirational and outlined important economic and social objectives, such as making India a global hub for manufacturing, ensuring bank accounts for all poor families, major thrusts in sanitation and cleanliness, and a radical restructuring of the Planning Commission.
Experts tell Ujjval Jauhari that investors need to be careful in picking stocks given high valuations and with markets possibly ignoring potential risks
Bribe for Goa project estimated at $976,630
The government is determined to stop generation of black money, he said.
Rediff.com gives you a look at newbies in the Council of Ministers
'This has to be seen in the context not only of the legacy we inherited, but also of global economic weakness.'
'If after inheriting the very bad situation we have reached this level despite consecutive years of drought and no growth in the world economy, it is no accident.' 'It is a result of the sound macro economic policies followed by this government.' 'We have eschewed populism and stuck to a path of fiscal prudence.'
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances