Finance Minister P T R Palanivel Thiagarajan has proclaimed his determination to set Tamil Nadu's fiscal house in order in five years, and Friday will show how he plans to go about it when he rises to present the Stalin government's maiden budget, says N Sathiya Moorthy.
Urban mass transit authority to be set up; it will act as nodal agency for planning and coordination of project related works.
The proposal, in preliminary stages, is likely to be finalised within a couple of months.
Three stockmarket experts give their best picks for the New Year.
The domestic currency spurted by 425 paise or 6.28 per cent in last five straight sessions.
Admiral D K Joshi was to have served as naval chief till July 2015. Had he completed his full tenure, then Vice Admiral Satish Soni, currently Commander-in-Chief of the Indian Navy's smallest command, the Southern Naval Command, would have taken over as the next naval chief.
Capt Gopinath, in a deperate bid to fend off a possible auction of his prime residential property in Bangalore by State Bank of India, which had earlier issued notices to sell his pledged properties to recover as much as Rs 259 crore (Rs 2.59 billion), has struck a deal with Sobha Developers to raise funds.
BPCL's impending privatisation and RIL's stake sale to Saudi Aramco raise questions about the future of the West Coast Refinery, once touted as the world's largest.
Mukesh Ambani's Reliance Industries (RIL) might be denied a higher gas price from its D1 and D3 fields until the arbitration process with the government is over and a third-party expert report on the fall in output at the KG-D6 block is out.
Companies have activated a comprehensive pandemic response plan with requisite risk mitigation protocols for keeping networks working as telecom is an essential service.
Incentives for industries have been rolled back and teachers have gone without salary for months as the state grapples with the after-effects of the ban
Unfazed over allegations of wrongdoings in Madhya Pradesh Professional Examination Board scam, state Chief Minister Shivraj Singh Chouhan on Monday said he will soon file a defamation case on the issue.
'That the terrorists could still kill three security personnel, including men of the Defence Service Corps, indicates highly trained men are being sent across the border,' says national security expert Nitin A Gokhale, founder, BharatShakti.in
'The fact that a rural Kashmiri boy was brainwashed into killing himself and others means there is an active programme that exists which does such recruiting and there will potentially be other such individuals out there,' warns Aakar Patel.
Mallya intends to protect his shareholding in India's largest brewer in which Dutch brewer Heineken holds 37.5% stake.
The situation is worse in the Gandhi family pocket borough -- Amethi and Raebareli.
'The much-awaited decision could be a welcome change at a time when the Indian armed forces are crying for self-reliance and the defence industry is looking forward to more indigenisation,' notes Nitin A Gokhale.
The Swadeshi Jagaran Manch has pointed out that these firms pose a threat to domestic manufacturing and retailing as they do not pay relevant taxes such as GST, giving them a huge edge over local players.
Rather, the existing ones should be implemented speedily to clean up the mess.
Budget smartphones will rule the market in 2015.
SBI, the country's largest lender, had recently issued public auction notices to sell Gopinath's pledged properties
The truce, even if it is not permanence peace, will come under stress and test during the pending polls to rural local bodies in nine revenue districts and urban polls across the state, including those for 16 municipal corporations, starting with Chennai, the oldest and largest, says N Sathiya Moorthy.
New Google CEO Sundar Pichai made ascent with low-key style and technical chops.
SAAB's Sea Gripen constitutes a new option as the INS Vikrant's light fighter
As power generation across northern and western India bore the brunt of the coal scarcity, spot prices at IEX rose to Rs 10.8 a unit during August 25-27, compared with Rs 8.7 a unit on August 22.
The unemployment situation is becoming increasingly acute.
In five years, royalty payments have grown 31.1% yearly, much faster than rise in revenue and profit.
While there is likely no bar on Jayalalithaa meeting with Chief Minister O Panneerselvam and his cabinet colleagues, she may not see senior government officials or see official files.
Why did Modi bypass the Cabinet before he committed India to the Rafale deal?
Air India must tighten costs to comes out of the red or it wil perish in no time, says experts.
Hyderabad-based Turbo Megha Airways takes off, promising affordable fares and other benefits.
Sandeep Shanbhag offers tips on post Budget taxation rates.
A possible, easier and less-complicated way for the Centre would have been to approach the SC with the same queries much earlier, before a ground-swell of popular sentiments and consequent political tensions had built up in Tamil Nadu, says N Sathiya Moorthy.
'Of equal importance was the AIADMK's precarious assembly membership, what with 11 of its MLAs including deputy chief minister OPS facing court cases for disqualification and by-elections due in another 21. To shore up the party's numbers for anticipated eventuality on the 11-MLAs' front, the AIADMK leadership in general and chief minister EPS in particular, were even more focussed on assembly seats than LS seats, just now,' says N Sathiya Moorthy.
According to the agreement, RIL will transfer its existing textile business under the Vimal brand into a newly incorporated company in which RIL will hold 51 per cent stake. The remaining 49 per cent stake will be sold to Ruyi.
'Both India and Pakistan are now, for the first time in history, very closely allied and connected with the US -- economically and politically.'
'It is imperative to restore the dignity and authority of the services chiefs. Erosion of this has resulted in lowering of service efficiency. It is also time to end the practice of taking seniority as the sole criterion for appointing chiefs.'
Although the markets could see a knee-jerk reaction, they rule out a sharp fall.
They are sure not to like this particular one, observes N Sathiya Moorthy
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances