'Financially we are sound and we have always broken even. 'It is just we don't have the personnel and that is why we have to close down.'
The paper said that the taxation proposal needs to be accompanied by explicit redistributive policies to support the poor, lower castes, and middle classes.
Inequality in India has skyrocketed since early 2000s, with the income and wealth share of top 1 per cent population rising to 22.6 per cent and 40.1 per cent, respectively, in 2022-23, according to a working paper. The paper titled 'Income and Wealth Inequality in India, 1922-2023: The Rise of the Billionaire Raj' said between 2014-15 and 2022-23, the rise of top-end inequality has been particularly pronounced in terms of wealth concentration.
'Communist China continues to aggressively expand its domain in the Indo-Pacific region.' 'It's crucial for the USA to continue its support in countering these malicious tactics.' 'India, along with other nations in the region, is not alone.'
'I don't feel like going back to India, to the old Delhi that I grew up in. Because the place doesn't exist anymore.'
Barely three films old with no blockbuster success to her credit and yet, the name Alaya F spells promise.
At this year's TIME ball in New York City on Thursday, April 25, you would have run into a Coimbatore-born American scientist, looking lovely in Sabyasachi Mukherjee designer finery, who would most likely have been hanging out with Dua Lipa.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'
The 42-year-old Acharya's appointment for a three-year tenure was cleared by the Appointments Committee of the Cabinet.
Overseas education consultant NNS Chandra tells you how to pick the right international college and course for you.
'You need to have enough funds to maintain the primacy of public transport and it should not suffer because of lack of funds.'
In 1978, Ayyadurai created a computer programme, which he called 'email', that replicated all the functions of the interoffice mail system: Inbox, Outbox, Folders, Memo, Attachments, Address Book, etc.
George Soros, who is in the eye of the storm over his remarks against Prime Minister Narendra Modi on the Adani issue, is an Hungarian-born American financier, philanthropist, and activist whose success as an investor made him one of the wealthiest men in the world. He is also known as a powerful and influential supporter of liberal social causes. In a speech at the Munich Security Conference on Thursday, the billionaire philanthropist said he believes the turmoil at Gautam Adani's business empire may weaken Prime Minister Narendra Modi's hold on the government, a statement which was strongly contested by the BJP as an attack on Indian democracy.
'The cost of the lockdown so far is the loss of about 11 million jobs.' 'It is important that a fresh lockdown does not make this worse,' asserts Mahesh Vyas.
Much of the the-foreign-media-is-biased hysteria that we see on social media these days is provoked by the bad press the regime is getting in the West, points out Vir Sanghvi.
Reducing policy rates is not enough. The key is to ensure banks lend to credit-constrained borrowers.
This doctor couple put their faith in India. And in return India has put faith in them.
'The prime minister's announcement of a nation-wide shutdown was eloquent, but should have been more clearly phrased to avoid police overreach.' 'Migrant labour should have been allowed adequate notice and transport options to get home,' notes Rahul Jacob.
Three Indian-American researchers have shown that the fingerprint-based security systems used in smartphones and other gadgets are way more vulnerable to hacking than we imagined.
Mothers' advice from 50 years ago reappears, notes Ajit Balakrishnan.
'Two years ago, had I been given even a tiny hint that my genes were tipping the scale for the development of a disease that would lock me into my body, unable to move or breath normally on my own, I would have been sad, and probably mad.' 'So now I'm running as fast as I can -- from my wheelchair.' P Rajendran on the amazing but brief life of Rahul Desikan, medical pioneer.
AstraZeneca Plc and the University of Oxford are facing questions about their Covid-19 vaccine and whether regulators would quickly authorise its emergency use after the pharma company acknowledged an error in the vaccine dosage received by some participants and other irregularities and omissions, according to the New York Times.
Four Indian-American professors are among 13 mathematicians, theoretical physicists and theoretical computer scientists selected for the Simons Investigators awards for their cutting edge research.
'The solution is to enable a graceful transfer of the deposit and funding 'franchise' from capital-deficient firms to capital-surplus firms.' 'This will expand credit intermediation, bring down its costs, and put the financial sector on a definite path of recovery,' argues former RBI deputy governor Viral Acharya.
Mahendra Raj is a towering figure of 20th century Indian architecture.
'You need to apply a total health approach to maintain cardiac health.'
Indian students, who are living and studying away from home, tell us how they are dealing with the COVID-19 crisis and what they discovered on their journey back home.
Back in September 2002, Shakti Bhatt/Rediff.com located the former Union Carbide chairman's luxury home in New York, declared unknown by the American and Indian governments. Rediff.com reproduces the feature about his life in hiding.
'For a long time I didn't know what my mother did -- she kept me in the dark to protect me.' 'But whatever she did, she did it for me.' 'It's been three years since my mother passed away.' 'If she was still alive, I'd respect her choice and stand by her.'
The Attorney Generals from Pennsylvania, New York, California, Illinois said the executive order signed by the US president is "discriminatory", "unconstitutional and un-American".
'...it didn't make sense to me.' 'If the character was not adding (to the story), I wasn't interested.' 'The reason why I chose to act is because of the way it makes me feel when I'm acting, not for the fame and money.'
The US move came after the Justice Department said that hackers working with the Chinese government targeted firms developing vaccines for the coronavirus and stole hundreds of millions of dollars worth of intellectual property and trade secrets from companies across the world.
'The majority of the spread is by people coughing, or sneezing or talking loudly, in a very short distance, two metres from one another, and a mask will prevent that sort of transmission.'
One should appreciate the sagacity and audacity of JRD and Nani Palkhivala in founding TCS on April 1, 1968. At that time there was no Microsoft or Intel, SAP or Accenture, much less Google.
They needed a person who could build and execute their vision: A frontiersman; a problem solver and an institution builder. It was their and India's good fortune that Faqir Chand Kohli more than measured up to their requirements and indeed laid the foundation to take TCS to unimaginable heights and to the giant success that it is today. Shivanand Kanavi salutes the incomparable F C Kohli, who passed into the ages last week.
'The people of India have not only challenged the ruling dispensation with the constitution, they have also opened the eyes of the leadership that sits in the Opposition.'
Months before his killing in May 2011, Al Qaeda chief Osama bin Laden was "utterly" focused on striking the United States in its "heartland".
'With Tiger, you always need to be on your toes and always ready to dance.'
Dr Mitra called the Pandara Road crowd a 'cheerful collective of young dreamers,' united in its 'love and pride for the newly Independent India,' despite 'sharp disparities in background, temperament and attitude.' Dr Shreekant Sambrani recalls his encounters with the legendary economist who passed into the ages.
With a decelerating economy that weakens India's hands on geopolitical issues, it will be interesting to know which way this trip will go.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances