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The trade deficit makes up an important part of the current account deficit, which had touched an all-time high of 4.8 per cent in 2012-13.
The charges for security component of passenger service fees will not increase much and a passenger may have to bear an extra of Rs 50
Nearly two decades ago, then defence minister George Fernandes said: 'China has built roads up to the border, while there has been negligence on India's part.' Since Fernandes uttered these brave words, what has been done on the Indian side? The Modi Sarkar is apparently trying, but little has been achieved so far, says Claude Arpi.
In the early 80s, when Indira Gandhi was the prime minister, her son Rajiv was once so engrossed in explaining to his parents-in-law the features of a new navy ship that he gave some nervous moments to a bureaucrat in the defence ministry who feared he might be late for an official event that night.
'They want (the ownership and management of PSU banks) to pass into the hands of a private sector entity.' 'Ownership of these banks will go from the public sector to private sector.'
Amid slowdown blues, the government has unveiled a raft of measures over the past few months aimed at improving liquidity in the system, moderating interest rates as well as credit growth apart from addressing stress in the NBFC sector.
No one even comes close to the impact Anil Kumble has had on Indian cricket, when it comes to winning matches and series, say Aakash Chopra and Impact Index.
Broader market outperformed the frontline indices and also hit their respective all-time highs
Is it time to take a relook at our economic theories? asks Ajit Balakrishnan.
'The unflappable temperament and nerves of steel under extreme pressure -- essential ingredients in space research -- were on full display in the rows occupied by the scientists still engrossed in their monitor screens,' says Minnie Vaid, author of Those Magnificent Women And Their Flying Machines, ISRO's Mission to Mars.
Summary of sports events and persons who made news on Wednesday
India's tough stance is better late than never.
John Elliott, the author of Implosion: India's Tryst with Reality, on his Riding the Elephant blog, says the sacking of Cyrus Mistry as chairman of Tata and Sons was in line with Ratan Tata's personal style of dealing with executives
About time the Tata companies that are owned by the public are freed from the clutches of Tata Sons, says Sudhir Bisht.
The 30-share Sensex ended up 8 points at 27,508 and the 50-share Nifty closed 1 point higher at 8,284.
In the metal pack, Tata Steel was up 3.7% while Vedanta was up 1.8% .
The 606 positive cases includes 43 foreign nationals, the ministry said. On Tuesday, the number of cases was 519.
It is hoped that the decision of India's apex court will send a signal to politicians and their cronies from the world of business that the rule of the law does eventually prevail, says Paranjoy Guha Thakurta.
News of all that's transpired on and off the football field
Did men and women of redoubtable experience and public service, upholders of the country's steel frame and paragons of corporate governance, never smell a rat?
Get ready to walk into an airport minutes before a flight, check in your own luggage, walk on to the tarmac to board a plane.
'When bankers are hounded by investigative agencies for credit decisions going wrong and defaulters are treated like outcasts, who will borrow money and who will lend?' asks Tamal Bandyopadhyay.
'Much of the Socialism that we attribute to him actually came during Indira Gandhi's time,' says M J Akbar who believes that Nehru's convictions helped shape modern India.
The gross non-performing assets of public sector banks rose to 6.03% at the end of June.
Sensex, Nifty end the day in red on unfavourable cues from global markets.
From Kudankulam to the Land Bill, the author takes the Twitter route to capture the infra action of 2013.
On the BSE, 1,650 shares declined and 1,188 shares rose
The Oil Industry Safety Directorate, under the Petroleum Ministry, carries out safety audits of oil and gas installations, besides formulating and standardising procedures and guidelines for design, operation and maintenance.
Aptech, Lumax Industries, Vedanta, Indian Bank, Venky's India have appreciated over 200% in a year
Financials were among the top losers along with Sun Pharma and index heavyweight Reliance Industries
Analysts say Tatas could sustain their current pace of growth, provided the group's "cash cows", such as TCS and Tata Motors, continue to deliver.
Private players offer convenience for slightly higher rental than banks.
Adani Power bagged Jitpur mine in Jharkhand.
Ratan Tata was the first one to realise that Indian companies had become a prisoner to tradition and needed to radically innovate.
The broader markets ended firm with mid-caps and small-caps gaining nearly 0.5 per cent on the BSE.
The government on Friday gave wide-ranging legislative powers to the Reserve Bank of India to issue directions to lenders to initiate insolvency proceedings for the recovery of bad loans.
Economy showing mixed signals, outlook challenging: FinMin
E-auaction cannot totally end corruption in the system.
Saeed said Pakistan government has added insult to the wounds of Kashmiris by welcoming Singh.
Ajit Balakrishnan on mapping the Business Serengeti.
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