Corruption is all-pervasive in Indian society and it's a surprise that the Union law minster does not see it that way, writes Mahesh Vijapurkar.
Excerpted from the inaugural address by Dr K C Chakrabarty, Deputy Governor, Reserve Bank of India, at the IBA-DSCI Conference on 'Security Framework in Indian Banks', in Mumbai on April 26.
Nargis Fakhri closed a spectacular show by Suneet Verma at the end of Day Four of Lakme Fashion Week.
Firm offers this work option to 80% of its staff, saves $196mn on opex and garners $294 mn via building sales
A combination of demonetisation, a poorly and hurriedly implemented GST, and more recently the "botched up" lockdown of the economy to control the spread of Covid has brought the economy to its knees.
History of electronics indicates that no company, nor any nation for that matter, has been able to cement pole position and maintain it through several cycles. he death of its iconic promoter, Lee Kun-hee, raises questions over how long the chaebol can maintain its gigantic footprint in the global electronics industry, says Devangshu Datta.
India is today the second-largest telecom market in the world with over a billion customers and close to 600 million Internet users. New connections are available on the tap, calls are virtually free and it's hard to imagine anyone without a mobile phone today. Globally, there would be few parallels to this success story that truly democratised telephony and empowered a billion-plus people, observes Airtel's Sunil Bharti Mittal.
The biopic was originally set to release on April 12, but its producers had advanced it by a week, claiming 'public demand'.
'I don't believe that it beholds democracies like us who claim to be the largest democracy in the world, to have such a thin skin about the possibility of foreign commentary.'
Writers including those who had returned their Sahitya Akademi awards on Sunday wrote to the National Academy of Letters urging it to respond in a "strong, humane and robust" manner to situations.
TIOL has come to know that in a path-breaking judicial decision, the Commissioner of Income Tax (Appeals) handling international taxation cases in Delhi has held that the Gracemac Corporation, a 100% subsidiary of Microsoft which had in 1999 granted proprietary and ownership right in license and in intellectual property of Microsoft software and hardware products, is liable to pay income tax on its gross royalty income earned out of licensing of software to Indian customers.
India Inc. may also have fallen prey to the so-called eleventh commandment of modern-day India: Thou shalt not be caught.
Ficci has demanded cuts in excise duties and interest rates to lift the manufacturing sector. It also calls for appropriate raw material policies.
The MediaGuardian 100 power list, which measures the economic, cultural and political influence was topped by Brin and Page in recognition "of the all-pervasive impact of Google on the media". James, chairman of satellite broadcaster BSkyB in Britain and News Corp. Europe and Asia's chairman and chief executive, ranked second in the list, while his father was fifth in the ranking.
He said the 'toxic combination of deep distrust, pervasive fear and a sense of hopelessness in our society' is stifling economic activity and growth.
Surajeet Das Gupta explains why Mukesh Ambani's target is by no means impossible.
'The good news is the technology industry is creating a space for you somewhere else.'
The tragic irony could well be that what Bhutto couldn't achieve over the recent years, she might well have managed by laying down her life -- the beginning of a parting of ways between Bush and Musharraf.
The Mitchell Report came up with details of widespread use of steroids in America's pastime.
The all-pervasive mustard blooms, which mark winter landscapes in Uttar Pradesh and Punjab, are fast shrinking, and so are the fortunes of the poor dry-land farmers growing the crop. Even the high prices of oil in the market do not translate into gains for these farmers, who have now been exposed to a glut of oil imports, thanks to removal of import duties on edible oils.
There are parts of India that stoutly hold their own against cultural hegemony, but it is anyone's guess how long that will last, says Kishore Singh.
'If you take me back to 1995, when doping was completely pervasive, I would probably do it again' 'When I made the decision (to dope in 1995), when my team made that decision, when the whole peloton made that decision, it was a bad decision and an imperfect time'
All-out efforts are needed to mitigate the adverse impact of the Covid-19 pandemic, and the RBI will use any instrument necessary to revive growth and preserve financial stability, according to the minutes of the central bank's policy meeting.
For over 50 years, this hotel has kept the filter coffee brewing.
For financial sector companies setting up shop in India, as of now the go-to regulators are obviously Sebi and the RBI with carve-outs for IRDAI or possibly PFRDA. But this could change soon with the International Financial Services Centres Authority, observes Subhomoy Bhattacharjee.
If we do not get out of our denial mode and act firmly against the extremist and anti-national elements, a 9/11 is waiting to happen in our homeland.
Infosys Technologies Chairman N R Narayana Murthy on Wednesday said corruption has become pervasive in institutions in the country and there is a strong incentive for politicians to keep people ignorant and illiterate.
He is that rare breed of people who did not shift to multi-national companies and multi-million dollar salaries, but stayed on for the cause of nation-building.
As more women take up the responsibility of contributing towards the family income, the risk of a loss of income in case of an eventuality increases. Also observed in many cases is the fact that some families are dependent solely on one earning member who happens to be a woman. Having a life cover under such circumstances can prove to be helpful.
Singh asserted that the domestic challenges of India's economy were daunting in their complexity and devastating in their impact on the society.
.jpg)
Sanatan Sanstha, the Hindu right-wing group often at loggerheads with Narendra Dabholkar, on Wednesday sought to distance itself from the anti-superstition activist's killing.
Perhaps the calculation is that economic recovery will have been achieved before the next general election comes around, but such assumptions can come unstuck if current directions are not reversed quickly, cautions T N Ninan.
'Today, political formations seem to adopt an 'us' versus 'them' approach which shows up even in their attitude towards civil servants.'
'This creates an added layer of fear.'
Netflix is offering a freebie of one month's free service.
What might be useful is targeted assistance to those sectors and individuals that are disproportionately affected, suggests Mihir S Sharma.
Opinion of the US in France and Germany is at least as negative now as at the war's conclusion, and British views are decidedly more critical, according to a survey by Pew Global Attitudes Project.
