The sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just FEMA. The Prevention of Money Laundering Act too has significant infirmities, say Paranjoy Guha Thakurta and Pranati Mehra.
Here are some of the best images of winners and finalists.
'India was in no position to wage another war in 1965, having suffered a morale-shattering defeat in 1962. The three services were in the middle of a modernisation and expansion phase and therefore not fully trained or battle-ready.'
'I used to tell my wife to pack extra food in my tiffin so that I could at least offer that to my colleagues who were living on vada pav.'
'Some TV channels are wrongly reporting that the Honourable CM is no more. It is totally baseless and false,' the hospital says.
For his 60th birthday in December, which he called his third 20th birthday, Mallya flew in Enrique Iglesias to perform at his villa overlooking the beach in Goa.
Here's your weekly digest of the craziest and funniest stories from around the world.
'He was an embodiment of old school courtesy and grace. It was embarrassing when he would insist on receiving and seeing off guests at the gate of his house! A trait he shared with another of great soldiers of India, Sam Manekshaw!' remembers Colonel Anil A Athale (retd).
'It is very important for Indian Americans to understand that we need to have as many seats at the table as we can get. I am going to see to it that I am going to get there," Kumar Barve, the longest-serving Indian-American legislator in America, tells Aziz Haniffa/Rediff.com in an exclusive interview.
Once called India's garden city, this upper middle-class residential area in Bangalore has India's most toxic air, says Devanik Saha, IndiaSpend.com.
Incoming US President Donald Trump has assembled a core team that is -- not surprisingly -- overwhelmingly white and male.
The commission asks for notification to be deferred; RIL's KG-D6 pricing issue may return to Cabinet
'Chinese leaders rarely receive their foreign guests in cities other than Beijing. Such respect for India!' 'Does it mean that Modi could replicate "the warmth and unconventional way" by sending Indian troops into Tibet, as Xi did in Chumur (Ladakh) when he arrived in India? Of course, Indians are far too polite to do so,' says Claude Arpi.
'There were no singers like Lata, Kishore, Rafi or Mukesh. And until now, there is nobody. Nobody with that kind of voice, nobody with that kind of brain to learn. Not only to learn, but to improvise. We improvised music, we improvised the songs. Nowadays, they just listen and copy.'
The last seven Indian sailors held hostage by Somali pirates were released October 30. Chirag Bahri, Indian coordinator for the Maritime Piracy Humanitarian Response Programme that aids piracy survivors and their families, speaks to Vaihayasi Pande Daniel/Rediff.com on how the near-impossible was achieved.
'If policy-makers hold the lives of animals to be more significant than the welfare of a human populace, I can't believe that they're likely to do anything progressive for India.'
'Disparity is not only in Mumbai; you see it in every city. The other day, I saw right next to the mansion of Mukesh Ambani worth Rs 5,000 crore for one family, thousands of people sleeping on the pavement. This is the urban India you have created!'
He keeps a Ganesha idol in his room. His next book will have eight chapters set in Mumbai. He loves India; it's his biggest market. Yet there is one thing that bestselling Jeffrey Archer detests -- it actually drives him nuts! -- about this country.
'Over one million people served in various battlefronts during World War I. And yet, even today, we know so very little about them.' 'It is absolutely essential to acknowledge this part of India's colonial history,' Santanu Das tells Vaihayasi Pande Daniel/Rediff.com
Lieutenant General J F R Jacob, Chief of Staff, Eastern Army Command during the 1971 war, revealed how, armed with only a draft surrender document and an aide, he made the Pakistani army led by Lieutenant General A A K Niazi surrender.
Lieutenant General J F R Jacob, Chief of Staff, Eastern Army Command during the 1971 war, revealed how, armed with only a draft surrender document and an aide, he made the Pakistani army led by Lieutenant General A A K Niazi surrender.
Lieutenant General J F R Jacob, Chief of Staff, Eastern Army Command during the 1971 war, revealed how, armed with only a draft surrender document and an aide, he made the Pakistani army led by Lieutenant General A A K Niazi surrender.
Lieutenant General J F R Jacob, Chief of Staff, Eastern Army Command during the 1971 war, revealed how, armed with only a draft surrender document and an aide, he made the Pakistani army led by Lieutenant General A A K Niazi surrender.
Lieutenant General J F R Jacob, Chief of Staff, Eastern Army Command during the 1971 war, reveals how, armed with only a draft surrender document and an aide, he made the Pakistani army led by Lieutenant General A A K Niazi surrender.