The industry status will help the sector access bank lending at average interest rates
Budget was a mild disappointment. Yet, the bull run continues.
The trouble is largest FDI projects in India have had a tragic history.
Industrialist Pawan Ruia's (think Dunlop and Jessop) arrest this month for cheating and criminal breach of trust marked a new low, but the tide had been turning against him for a while now. Ishita Ayan Dutt & Avishek Rakshit report.
Total FDI from China in India so far is about $1.24 billion
From Kudankulam to the Land Bill, the author takes the Twitter route to capture the infra action of 2013.
Based on the evidence at hand, Modi's goal of scripting a broader, lasting upturn appears some way off, says Rajesh Kumar Singh.
'Their air force is no match to ours!'
'He consulted widely, both formally and informally and acted quickly on pragmatic suggestions.' 'To his credit, Parrikar took the initiative to reduce excessive litigation against armed forces veterans and widow over small sums of pensionary and disability benefits,' points out says Brigadier Gurmeet Kanwal (retd).
After snapping his political alliance with the ruling National Democratic Alliance at the Centre, N Chandrababu Naidu, chief minister of Andhra Pradesh, speaks to B Dasarath Reddy on what he now has in mind.
With wages rapidly rising in China, all is still not lost. Wage costs in India are significantly lower and this fact could still help us turn the tide in our favour.
Owners of Pune-based Serum Institute of India, the Poonawalla's have thrown the hat to acquire the iconic Grosvenor Hotel in UK from Sahara Group.
Little attention is being paid to keep roads, bridges and flyovers in good shape
The success of the government will depend substantially on the quality of its team of key ministers, officials and advisors
Is politics gaining at the expense of civil society?
Michel was extradited in an operation under the guidance of National Security Advisor Ajit Doval, the Central Bureau of Investigation said on Tuesday.
Delhi Chief Minister Arvind Kejriwal and his Bihar counterpart Nitish Kumr on Thursday jointly attacked the Centre calling it "anti-poor and anti-farmer" and asserted that the people will give it a "befitting reply".
The 'Raj Bhavan/Nakkeeran Gopal case', in which editor S Gopal was arrested in the morning and set free by the court in the afternoon, is not the first one where the Tamil Nadu's once-reputed police force is seen as faltering in the eye of the law, says N Sathiya Moorthy.
The 51-year-old televangelist, who is currently abroad, is being probed under terror and money-laundering charges by the NIA.
INS Vikramaditya is not the only thing on Defence Minister AK Anthony's agenda during his current visit to Moscow. Also on the anvil is the Fifth Generation Fighter Aircraft joint development project which, if finalised and signed, could emerge as India's largest joint defence programme costing around 11 billion dollars, reports Nandan Unnikrishnan.
In all the noise surrounding the Dok La confrontation, Claude Arpi focuses on a crucial issue that has hardly been covered -- the construction of roads for the armed forces and the local population to reach the most remote border posts.
The navy wants to spend Rs 40,000 crore on INS Vishal, a choice the army and air force oppose. This is as much about turf as about funding. explains Ajai Shukla.
The strategic illiteracy on display in the arguments put forth on the Rafale deal before the Supreme Court is breathtaking, argues Colonel Anil A Athale (retd).
Men and women of the Indian Air Force who conducted rescue missions in Kerala's worst deluge speak to Rediff.com's Archana Masih.
'The issue of the larger homeland of Nagalim, the dream of the Nagas to hold sway over swathes of Manipur, Assam and Arunachal Pradesh, is just that, a dream.' 'The NSCN has been told categorically that the government is not going to concede on this issue.'
Renjen had to go through 15 rounds of interviews before he got the job.
The project is awaiting clearances from the DGCA.
Suitors came with all-cash offers but were rebuffed
The crisis in Indian banking has now reached a point where the NPAs of many public-sector banks are higher than their net worth
A financial turnaround in Tata Steel and Tata Motors has come as a shot in the arm for Chandra.
Budget might turn out to be neutral for the sector.
Will private firms really boost Make in India in the defence sector? Ajai Shukla seeks answers.
Congress leader Jairam Ramesh interacts with readers on Rediff Chat as he discusses the period that changed India's history, forever.
The group plans Rs 30,000-cr oil refinery with IOC; buys Lanco's Udupi power plant for Rs 6,000 cr
'Corruption is rampant in every office in the state from the villages right up to Gandhinagar. I have witnessed all these issues first hand... Before Narendra Modi became chief minister Gujarat had a debt of Rs 25,000 crore to Rs 30,000 crore. Today it is Rs 180,000 crore. There has been six-fold jump in public debt in Gujarat in the last ten years... Every child born in Gujarat owes a debt of Rs 30,000 today. How can you call this development? Look at how high taxes are in Gujarat. Look at the condition of our public health system. There are not enough doctors or nursing staff in government hospitals; not enough teachers in schools and colleges.' Three-time BJP MLA Dr Kanubhai Kalsaria rips apart Narendra Modi's policies.
Modi is the first foreign leader to be invited to the palace by the Crown Prince, who appreciated the role played by Indian workers in the development of UAE as a modern nation, ministry of external affairs spokesperson Raveesh Kumar tweeted.
Anil Ambani will take over as the chairman of Pipavav Defence
As a percentage of the military budget, the navy's share has fallen from 19 per cent in 2010-2011 to just 15.5 per cent this year. With the Indian Navy's annual budget declining steadily, security planners are reluctant to green light crucial projects, discovers Ajai Shukla.
'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.'
'Haven't you heard of the magical EVM machines? They can negate all our votes.' 'There is no hope. Modi is India's Putin.'
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