The size of corporate fraud in India almost doubled after 2009, and such cases also increased in number, said a report from Thought Arbitrage, a think tank in Delhi.
Chidambaram promises to maintain fiscal discipline; admits inflation is an issue.
Indian Railways is currently implementing a project that involves laying of a broad gauge line connecting Nangaldam to Talwara in Himachal Pradesh.
Whether this happens because DGCA actually cares about the future of the national carrier or for other motives is not clear.
The 30-share Sensex surged 299 points to close at 28,736 and the 50-share Nifty gained 90 points to end at 8,723.
Business reacted with caution to the reforms of 1991, and demanded protection from multinationals and imports. Twenty-five years later, traces of that demand can still be found, reports Bhupesh Bhandari.
A basic problem is that the cost of spectrum and licences relative to earnings is too high.
'It is important to make a clear distinction between the officers and jawans. The officers retire at 54 and with two extensions can go up to 58 years before they go home. A jawan on the other hand retires at 38. Therefore, to portray a picture that all army men retire young is wrong.'
'I have tried to make it easier for the small scale entrepreneur to do business and cut through the red tape.'
Indian business has many legitimate grievances against the political class for not delivering an optimal business environment.
The long-term growth perspective or potential for India is one of the highest in the Asia Pacific region.
Offloading shares in ONGC, CIL, NHPC may fetch govt more than the year's target.
Law minister Ravi Shankar Prasad believes governance finally on track. An exclusive chat with Rashme Sehgal.
The United Progressive Alliance government's efforts to rein in the judiciary may come unstuck as its ambitious bill scrapping the collegium system of appointing judges to the Supreme Court and high courts as the Bharatiya Janata Party is unlikely to allow the passage in the ongoing Parliament session.
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