The failure to reform has meant that there is no buzz about job opportunities, or about urban opportunities enticing young people off the farms. And it is this failure that has contributed to the widespread disappointment that threatens to make the next general elections closer than expected, says Mihir S Sharma.
'Instead of doing ground work they are sitting and monitoring the drought through Mantralaya and trying to solve the problem with Aamir Khan.'
Rooms at this Kolkata hotel are priced between Rs 7,000-8,000 per night. Gateway is a full-service upscale hospitality brand under the Taj Group of Hotels.
'One by one we are seeing these private banks taking people's money and mismanaging it.' 'In the last 30 years, 30 private banks have collapsed.' 'Nationalise all banks so that people's money is safe.'
So what's up? Why are so many promoters heading for the door? It cannot be that all of them lost their appetite for a good fight at the same time.And if Naresh Goyal of Jet Airways and Subhash Chandra of Zee Entertainment do bow out, will it be seen as chickening out when the going got tough or the entrepreneurial instinct of surviving to fight another battle waned, wonders Shailesh Dobhal.
Borussia Dortmund coach Juergen Klopp battled to contain his emotions on Saturday after his final game on their bench saw his team lose 3-1 to VfL Wolfsburg in the German Cup final.
'Nationalism built on divisiveness cannot strengthen the country, or help the economy improve its performance,' points out T N Ninan.
The culture of these firms is alien to the Indian financial system. Distressed assets funds are known for their ruthless recovery ethics. Slicing and dicing a company and selling it on a piecemeal basis is their usual practice. This is something Indian banks are finding a little uncomfortable.
Siva group defaulted on payment in 2016 and is also facing CBI investigation
Heading to the third year, will Urjit Patel be busy firefighting a currency crisis? Almost no governor of the RBI managed to evade it and Patel perhaps knows it.
Bad loans continue to originate mainly from state-owned banks, where the top management's responsibility is not linked to career prospects nor has legal consequences, says Debashis Basu.
To make sure liquid schemes reflect the underlying portfolio risks, Sebi has said all debt papers with maturity of 30 days or more to be marked to market. Earlier, fund houses didn't have to do so for securities that had less than 60-day maturity.
Indian bankers are fearful that going out of their way to save Jet could lead to subsequent harassment from investigative agencies.
'If prices of everyday consumption don't come down, employment doesn't pick up, 2020 will not be a happy year for anyone but the super rich,' notes Sherna Gandhy.
Analysts were expecting the government to propose higher capital infusion for banks.
'We would do well to encourage all Indians to participate in democracy by contesting and laws that prevent or deter individuals and parties should be relooked at,' says Aakar Patel.
A consummate deal-maker, the former Aircel boss raked in the moolah in many, but lost a packet in several others.
A glance back at some important events that occurred in 2018.
The acquisition of the debt-laden Binani has catapulted Birla-owned UltraTech to the top spot in India, leaving it free to turn attention to overseas market
'A law firm checked credentials of Karan Ajit Judge and Nouam'
'Modi has shown political courage by instituting several economic reforms which include demonetisation, ushering in GST, eradication of benami transactions...'
Despite the Indian government's recent efforts anecdotal evidence indicates that there has been little change in the extortionist behaviour of a significant proportion of tax and police officials, says Jaimini Bhagwati.
Srei Infrastructure's vice-chairman -- and former Assocham president -- Sunil Kanoria discusses the Kanoria businesses and his impression of the Modi government with Ishita Ayan Dutt and Namrata Acharya.
The legislation passed with 230 votes in the 300-seat chamber.
"I invite each one of you to become a partner in India's growth story. And once again assure you of our wholehearted support."
Modi said the ease of doing business ranking improved because the government initiated reforms to end difficulties in the lives of people.
Loans to wilful defaults are said to be a little over Rs 1 lakh crore.
The Congress on Saturday hit back at Attorney General Mukul Rohatgi for opining that the party had no claim to the post of the Leader of Opposition in Lok Sabha and alleged that his view on the matter was aimed at "pleasing the political masters".
Armed with a warm smile, the Swede shares his thoughts about Federer, Becker and modern-day tennis. Norma Godinho/Rediff.com speaks to the legend, who made the art of serve and volley a potent weapon, reckons Federer should skip French Open to focus on winning Wimbledon and that technology in the sport is here to stay.
With an aggressive Opposition and unyielding government, important legislation could be the biggest casualty, as details of the helicopter contract surface.
The problem of stressed assets needs to be addressed with effective recovery.
Instead of a consumption stimulus the government must address the NPA issue with a war footing and invest in infrastructure, affordable housing and exports, says Sanjeev Nayyar.
Congress members also vociferously pressed for a discussion on the Comptroller and Auditor General report.
The Premier League kicked off in unique fashion on Saturday as an own goal by Tottenham Hotspur's Kyle Walker gave Manchester United a 1-0 victory in an undistinguished season opener at Old Trafford.
A decline in the real estate sector, rising debt and the company's alleged involvement in 2G scam caused damage to the business and its image.
Heineken could call a shareholder meeting to vote on his ouster from a company his father built into a family empire
'The government is sincerely working on employment generation. Unfortunately, they are depending on these people from Harvard. Their wrong policies are killing jobs. The government has to come out of the Western framework on which they depend upon a lot.'
'Deep pockets have become a prerequisite for contesting elections on a major party symbol in most states.' 'Given the premium parties place on self-financing candidates, once you have accounted for the suspected criminals, dynasts, industrialists, and celebrities, there is not much room for anyone else.'
