Voted to power with an absolute majority for the first time in nearly three decades, India's Prime Minister Narendra Modi, considered as an able administrator, promises "a fresh engagement" with the United States, a latest Congressional report has said.
The sector faces many challenges and calls for prompt corrective action.
One hopes that the government will act on the Kelkar panel recommendations.
While Visa and Mastercard slug it out for leadership, analysts say RuPay has the potential to cause disruption and eat into their market share.
China's economy is in transition, with rising wage costs and massive overcapacity.
Britain's AstraZeneca on Monday rejected a sweetened and "final" offer from Pfizer , casting serious doubt on the U.S. drugmaker's plan for a merger to create the world's biggest pharmaceuticals group.
"The poor will not suffer disproportionately due to bouts of sharp inflation, and the middle class will not see its savings eroded," Raghuram Rajan said.
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It would be fair to say that markets are coming to the end of a down-cycle and are at the cusp of the next up-cycle.
The larger virtue of maintaining fiscal credibility should not be unduly diluted by quibbles on the fiscal math, says Sajjid Chinoy.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
Admittedly, EVMs too have a UID number and any convergence of data can make the secret ballot system a party of history, warns Dr Gopal Krishna in the 5th part of his series against Aadhaar.
A new logo can harm image than doing good, say experts.
When is the last time our government recognised a twenty something entrepreneur for introducing a break-out innovation?
Salman Khan of Khan Academy explains how he is pioneering the cause of free online education.
The Insurance penetration in India is very low at 3.9 per cent.
In a chat on rediff.com, Feroze Azeez offered valuable tips.
'Live a healthy lifestyle. Like what our parents taught us. Like our parents' parents taught them.' 'We become obese. In obesity the chance of cancer increases.' 'Any new symptom? Please talk to your doctor. Some screening test might need to be done.'
Biometric authentication is based on the unscientific and questionable assumption that there are parts of human body that does not age, wither and decay with the passage of time.
One may fault this government for incompetence, corruption, and delayed action but it cannot be faulted for lacking a vision.
The Budget decides to take the lead in revving up infrastructure.
The abolition of wealth tax is again a welcome step.
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.
It will be difficult for the Indian equity to outperform overall growth to the extent bullish observers expect.
India Inc is encouraged by a determined Budget.
'Let me talk about young Indian startups with their hearts in the right place and how they are proving that innovations that represent 'affordable excellence' -- breaking the myth that 'affordability' and 'excellence' cannot go together -- is indeed possible!' says Dr R A Mashelkar, the eminent scientist, in this fascinating feature.
Despite the rally, on the basis of valuations, Indian markets aren't too expensive, says Christopher Wood, managing director and equity strategist at CLSA.
On World Contraception Day, presenting a list of new methods of birth control. Check out!
Narendra Modi's pay-off from relaxing labour laws would be huge.
'India has already suffered in the raid of January 2, and taken punishment. If comparable or higher retribution does not visit Pakistan, there is no reason why it should not undertake such a misadventure again,' says Lieutenant General Ashok Joshi (retd).
With prices unlikely to run up sharply, genuine buyers can start readying deals before the festival season starts.
This Budget plans for an increase to 10.3% of GDP from 9.9%.
'Will 'Make in India' be able to harness the demographic dividend so it does not become a disaster?' 'Will 'Digital India' live up to the lofty promises the government and private sector made as part of its recent launch?'
'The "Hollandisation" of British policy may not bring the expected gains as the future may show,' says Claude Arpi.
This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India.
'The voter thinks that the State is not going to impartially deliver services, provide justice, basic law and order, social insurance -- so as a voter it's very rational that I may choose a criminal who will help me navigate the State.' 'A weak State allows a criminal politician to be the person who provides that guarantee to mediate whatever problem the citizen has with the State.'
'Big countries do not agree on every set of issues.' 'Look, one of the differences in the relationship is that when we do not agree, we are sitting down and talking to each other.'
The uproar over 'dams' following the Uttarakhand disaster is ill-informed & potentially counter-productive, says Anand Sankar
'Having a voice at the table means the other side has to show up to listen. It became clear that wouldn't happen,' says actor Maulik Pancholy, one of the 10 members who resigned from the US president's advisory commission on Asian Americans.
The RSS realises that with a majority BJP government at the Centre and in several states, now was the best time to undermine and perhaps outdo the Congress-Left 'stranglehold' over campuses and young minds.
Indian economy about to take-off
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