Govt keen to revive business sentiment in india.
The roots of the cancellation of 2G telecom spectrum licences and coal blocks lie in two non-profit organisations - Common Cause and CPIL.
Rajeev Srinivasan on how India has continued to disappoint, but could outdo Singapore one day.
'The Budget has maintained fiscal prudence while announcing a number of steps to boost growth, particularly in infrastructure and rural sectors.'
Urban markets account for the major share of total revenues.
'We use the word "historic" perhaps too much, but the prime minister's visit certainly was historic in so many ways.'
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.
Defence Minister Manohar Parrikar said in the Lok Sabha that former Air chief S P Tyagi and Gautam Khaitan, both accused in the case, are "small people" who "simply washed their hands in a flowing ganga (of corruption)" and that the government will 'find out where the river was going'.
'Our biggest problem has been keeping this country together.' 'Nation building is never easy. It is a very difficult task.' 'Even 70 years is not too long a time.'
'A man dies and it's over for him. But we're right here, it isn't over for us,' she says cryptically. She talks about the "poverty" in which she had to raise her sons and daughter, the responsibility of today's youth to its country and how war widows should cope with their loss.
Most mainstream researchers agree that good governance is a necessary condition for growth.
'I can tell you, Mr Chairman, from personal experience that there is nothing sadder than witnessing a close one, a loved one with mental illness at close quarters.' 'I have lived with a victim of mental illness. Like many in that condition, very often such people are in a state of denial.'
Excerpts from Prime Minister Narendra Modi's speech at the Combined Commanders Conference on board the INS Vikramaditya at sea, off the coast of Kochi.
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.
'A plausible American tactic,' Rajeev Srinivasan suspects, 'would be to try and prevent the BJP and Modi from coming to power by splitting the anti-Congress vote using the AAP, and in case that fails, to follow up with a Plan B to make India ungovernable, to create mass conflict through their agents.'
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Q1 results indicate more pain ahead, as slowdown has spread to more sectors, pricing power has come down and rising interest cost is eating into profits.
'India is part of our strategic and economic future,' says Richard Rahul Verma, the first Indian American to be appointed US Ambassador to India.
'This is not a small change, it's a BIG change. People wanted to hear the voice of their PM. They can do so now. This is a big parivartan.'
Indian economy about to take-off
ACN Nambiar's life was extraordinary and intricately linked to momentous turns in history. Having lived in Europe for five decades, he was witness to and entangled with what we today -- with the benefit of hindsight -- call recent history.
Penalty for unapproved policy changes allegedly reduced from Rs 17,500 crore to Rs 20 lakh
Penalty for unapproved policy changes allegedly reduced from Rs 17,500 crore to Rs 20 lakh
They broke free yet failed to evade the clutches of law.
Let us hope that what happened in 1962 will never happened again, prays Claude Arpi
'Those who have seen the functioning of the Modi government in Gujarat know that the issues related to Hindutva and issues of economy and growth function simultaneously.' 'Modi's politics are based on the understanding of the middle-class consumer society which is in pursuit of material aspirations.' Sheela Bhatt/Rediff.com reveals the Modi government's economic and political plans for the year ahead.
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