By castigating the reforms themselves because of the remediable and reversible defaults here and there in carrying them out, Yashwant Sinha is throwing out the baby along with the bath water, says B S Raghavan.
HCL Technologies and Infosys should benefit more than TCS and Wipro
"We will work out the parameters then we will see as to how mentioning will be done," he said.
'It has taken bombings in Beirut, bombing of a Russian airliner and now terror attacks in Paris for people to realise that we are not going to achieve our objectives of destroying ISIS if we drive in second gear. We need to get into top gear.'
'If a gaming regulator is able to save even a single player's life or is able to just enforce the existing laws of the land, it works,' says cyber policy expert Prashant Mali.
Bharti to spend Rs 1,600 cr for spectrum payout over 10 yrs; Telenor to service its own debt.
India has been ranked at 142 among 189 countries in the latest World Bank's "Ease of Doing Business" report, a drop by two places from the last year's ranking.
When President Obama lands in New Delhi later this week, this spirit of accommodation must reignite a strategic economic relationship between the two countries.
According to sources familiar with the development, Sebi has decided to make references to the Ministry of Corporate Affairs and the Department of Revenue, citing violations of the Acts these bodies govern.
Any liquid money that gold replaces for CRR or SLR compliance will allow banks to use this 'extra' cash for lending to borrowers
Launches of new homes reduced drastically this year.
The Sebi order is vindication of Sinha's stand, but it has not brought him much relief as his money is still stuck.
Sebi will join RBI and the government in their fight against bad loans.
'During the transition process, we have some control over the withdrawals.' 'In terms of your wealth, the money in your deposit account is where it is.'
The Enforcement Directorate has managed to sniff out over Rs 9,000 crore as suspected haul from money laundering in a decade, but it has yet to link those against anyone successfully in a court.
The apex court's five-judge Constitution bench headed by Chief Justice Dipak Misra said Aadhaar is meant to help benefits reach the marginalised sections of the society and takes into account the dignity of people not only from personal but also from community point of view.
But the Robert Vadra firm, which held luxury apartments in top DLF projects, sees income and profits dry up since FY11.
Prior to 2011, the company was in dire straits. But recent financial results show its fortunes are on the mend.
Reddy has worked to reform the economy.
Despite the monsoon session of Parliament being a near washout so far, the government hopes to resolve the impasse at an all-party meeting on Monday to pave the way for discussion on issues raised by the Opposition, Parliamentary Affairs Minister Venkaiah Naidu said.
'Clearly, from the Indian viewpoint, the US retrenchment from Asia cannot be happening as good news.' 'The abandonment of the US' pivot to Asia exposes the US-Indian partnership to be a mere transactional relationship,' says Ambassador M K Bhadrakumar
Hence, the claims by the Government that this will end the menace of black money and corruption are simply outlandish. Also, the simultaneous introduction of Rs 2,000 note undermines their claim and it simply does not fit the storyline of an attack on black money and corruption.
Meet Sam Zell or the 'Grave Dancer' who made billions using his business acumen.
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
In an SEC filing dating back to 1997, he figures as "J Vallabh".
'You may show at the end of December how much money has come into the system, but none would be the wiser because most of see only what we want to see and believe.' 'Some of us will see through it and you will make your proxies call us enemies of the State.' 'I was somewhat with you till here. But we diverge from here on until you can do something which will veer through my cynicism brought about by your policy,' says Harsh N Gokhale.
A glance back at some of the important ups and down Indian Inc faced in 2018.
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.
We dance on every small achievement and forget the long-term objectives: Ajit Gulabchand, MD, Hindustan Construction Company.
India Inc did not perform well during December quarter.
'The role of Parliament is to hold the government of the day, whichever party is in power, accountable for its actions, policies.' 'The amount we are wasting on Parliament is a very miniscule amount. But the cost of delay in policy-making is huge and that affects the entire nation.'
'Can we forgive the pathologist who wrongly labelled a healthy person as a diabetic patient for receiving the favour of the referring physician and possibly for a few thousand rupees?' 'The delinquent homeopath who caused a cataract in a child by giving terribly wrong drug must go to jail.' 'How can we permit a gynaecologist to practice her/his specialty if s/he tinkers with the faith of the patient in an abhorrent way?' 'Paying money does not guarantee good healthcare. The private healthcare system largely treats patients as revenue generators,' crusading doctor Dr Arun Gadre tells Dr K S Parthasarathy.
Prime Minister Narendra Modi, who recently completed one year in office, has, in an exclusive interview with Smita Prakash, editor, ANI, said the opposition alleging that his government is a "suit boot ki sarkar" is definitely better and more acceptable than being labelled a "suitcase" (ki sarkar), and satirically added, that after ruling for sixty years, the Congress has suddenly remembered the poor.
Anti-nuclear activist S P Udayakumar, who has been called a threat to the economic security of India by the Intelligence Bureau, speaks to A Ganesh Nadar.
Pranab Mukherjee's book The Dramatic Decade: The Indira Gandhi Years takes the readers through the economic and social unrest of the period leading up to the emergency, rise and fall of leaders, many splits within the Congress, while promising to offer more in the next two volumes of the trilogy, says Nivedita Mookerji.
India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles
"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.
Ritu Jha/Rediff.com reports from California on the largest TieCon ever.
It was a multi-million rupee scam whose extent and reach are still being unravelled, so why did the chief of the scam-tainted Saradha group Sudipta Sen plead that he was unable to pay Rs 30,000 as bail fee? Where could all the money have gone? Indrani Roy finds out.
President Pranab Mukherjee on Monday addressed the first joint sitting of Parliament as mandatorily required under the Constitution after the general elections. The address is the political, economic and foreign policy road map of the Narendra Modi government and covers virtually all crucial areas.