The overriding objective of the National Investment and Infrastructure Fund (NIIF) must be adequate economic return, not financial return.
He said India would continue to actively pursue and promote its geo-political, strategic and economic interests on the seas, in particular the Indian Ocean.
The prime minister also pitched for respecting freedom of navigation against the backdrop of South China sea dispute.
Raksha Gopal scored 99.6 per cent to top the Central Board of Secondary Education's Class 12 results this year.
With better preparedness and efficient planning and execution, toll restricted to a low level. Lesson from 1999 cyclone helped.
'You are beginning your professional life in a time of global turmoil, when economic systems and the earth's eco-systems are in deep crisis.' 'Societies across the world are struggling with the complexity of technological and social change happening at a speed that our species has never experienced before.' 'May you be more excited than frightened by the times we live in.' 'Precisely because the crises are so deep, there are also unprecedented opportunities for pioneering and brave work that can transform society, culture and economy to create a much better world for your children.'
'Flush with funds, lending became a cash management exercise.' 'Road projects, power generation plants, airports etc were financed left and right with apparently no regard for the projects' ability to repay,' explains S Muralidharan, former managing director, BNP Paribas.
Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.
Developed and developing countries are very different and they are different from variety of reasons on climate change.
'We are by no means anywhere nearing having external financing difficulties or internal financing difficulties. The government's credit is solid, there is absolutely no difficulty for the government in borrowing and it is borrowing effectively from the public today in a fairly free public debt market,' the RBI governor tells a meeting in Washington, DC
'The biggest lacuna in this agreement is it is called 'full civil nuclear cooperation agreement.' Actually, it is anything but full.'
'The HRD minister said AMU was not a minority institution. I told her the matter would be settled in court.' 'The prime minister did not say anything so categorical. He heard me out very sympathetically. His body language was very different.' 'AMU has ABVP. I did receive a letter from them asking why you are constantly brandishing your service to the country. My reply is: Why shouldn't I?' 'I served the country for 40 years and I am very proud of this service performed for my country.'
'Over the last two decades, the India-French relationship has grown steadily, no major political difference having darkened the sky between Paris and Delhi,' says Claude Arpi.
What is Change really like in Bihar? Once seen as India's basket-case, what is its turnaround story like?
President Pranab Mukherjee on Monday addressed the first joint sitting of Parliament as mandatorily required under the Constitution after the general elections. The address is the political, economic and foreign policy road map of the Narendra Modi government and covers virtually all crucial areas.
The poor and unbanked can take their rightful place as consumers of financial services only if the Modi government encourages different entities to advance the financial inclusion agenda, say Vikram Gandhi & Chandni Ohri.
Enormous debt isn't the only thing afflicting Air India. Its work culture is an equal culprit in its downfall.
Patients from any part of the country will soon need to travel no more than three hours for treatment of the kind available in large metros.
Indian economy about to take-off
The Union government has no 'Buy India' policy, but has a 'Buy Air India' policy.
'A vote for Hillary means a vote for endless wars of trying to overthrow governments and rebuilding foreign countries.' 'A vote for Bernie Sanders means an end to these interventionist wars, and instead spending our money and precious resources rebuilding our own country,' Congresswoman Tulsi Gabbard, the only Hindu-American in the United States Congress, tells Aziz Haniffa/Rediff.com
With clouds of storm hovering over Parliament's budget session, President Pranab Mukherjee on Monday sought the "cooperation" of all MPs in the smooth conduct of legislative business but gave no indication of plans to bring changes in the controversial land acquisition ordinance.
James Wilson tracks down discrepancies in the much-hailed demonetisation policy and the subsequent statements of the government and the Reserve Bank of India.
Overseas education consultant NNS Chandra offers advice on how to pick the right international career.
Several brokerage houses have given a year-end target of as high as 30,000 for the BSE bourse's benchmark Sensex, with fund managers telling investors not to redeem though the index is still only around 25,000.
Pakistan Prime Minister Nawaz Sharif continues his exhortation for US mediation in Kashmir, and harks back to his meeting with former Prime Minister Atal Bihari Vajpayee when the latter had agreed to a resolution of Kashmir imbroglio; senior us officials assert there is 'absolutely no change in us policy' that Kashmir has to be resolved bilaterally. Aziz Haniffa reports.
Rajeev Chandrasekhar discusses five issues pivotal for the success of Digital India
India's foremost architect and town planner was renowned as much for his 'breathing' spaces as for his irascible personality
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.
India's beloved President -- there has been no other who has influenced the nation as much -- never stepped back from inspiring people to be the very best that they could be.
Prime Minister Narendra Modi, who recently completed one year in office, has, in an exclusive interview with Smita Prakash, editor, ANI, said the opposition alleging that his government is a "suit boot ki sarkar" is definitely better and more acceptable than being labelled a "suitcase" (ki sarkar), and satirically added, that after ruling for sixty years, the Congress has suddenly remembered the poor.
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'India is doing better than when we took office 17 months ago'.
The wars of the future will be fought over water and if they occur on large scale, will be far more devastating than any we have seen yet.
What is Change really like in Bihar? Once seen as India's basket-case, what is its turnaround story like? Archana Masih reports from India's other most talked about state.
To redevelop cities as 'smart', investment of at least $10 billion is required. For 100 cities, it works out to $1 trillion
Bezos wears it on his sleeve, Nadella keeps it quiet
Trade between India and Indonesia stands at $20 billion.
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The eternal question remains unanswered, what price security and what cost liberty, says Vikram Sood.
One may fault this government for incompetence, corruption, and delayed action but it cannot be faulted for lacking a vision.
On International Yoga Day, South Delhi-based yoga teacher Saudamini Chandra found herself shepherding the young girl students to their first taste of India's heritage that was being celebrated across the world. This is her experience.
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