China is spending billions of dollars to improve infrastructure in Tibet and other parts of its border with India. Claude Arpi explains why New Delhi can't afford to ignore Beijing's plans.
Bain alleges that it invested around $60 mn based on false financial statements that EY had audited and certified
'He needs to control his foot soldiers by taking either stern action against the over enthusiastic members of his group or convince them to stop causing him this embarrassment.' 'We know that most of these leaders are not going to be prosecuted by Indian authorities. So we are seeking alternate means to bring them to justice,' FIACONA President John Prabhudoss tells Aziz Haniffa/Rediff.com
'The Parivar's ideology and politics was and remains the very opposite of what Dr Ambedkar stood for.'
The UPA Government is trying to push through the second wave of airport privatisation before the elections and the controversial elements of this process threaten to harm the sector.
Above normal monsoon forecast and strength in Asian equities lifted sentiments.
A glance back at some of the important ups and down Indian Inc faced in 2018.
The United Kingdom has voted by 51.9 per cent to 48.1 per cent to leave the European Union after 43 years in an historic referendum.
Managing expectations is a challenge for policymakers.
The choking of natural drainage brings monsoonal Mumbai to its knees year after year.
'The middle class is already alienated.' 'If the stockmarket is destabilised, the BJP is finished; the party will lose in every town.' 'And if the stockmarket crash happens now, the BJP will not cross the 150 mark in 2019.'
The Enforcement Directorate has managed to sniff out over Rs 9,000 crore as suspected haul from money laundering in a decade, but it has yet to link those against anyone successfully in a court.
The San Francisco-based giant has acquired a Delhi-based company.
'India cannot expect to be insulated from the crisis. Europe is India's biggest trading partner with two-way trade of E72.5 billion or Rs 530,000 crore last year,' says Paranjoy Guha Thakurta.
Immediate NSG membership will not help India realise its nuclear ambitions any faster. It could have easily left the process take its own course, instead of running a high-stakes campaign to get in, says B S Raghavan.
Both India and South Korea will use President Park Geun-hye's visit to unveil a comprehensive programme for mutual benefit and impacting on regional security environment, says Srikanth Kondapalli.
Rama Krishna Sangu, partner, Manohar Chowdhry & Associates, Chartered Accountants, and a member of the Indirect Tax Committee of ICAI, fielded readers' questions on GST on Rediff Chat.
A policy-related problem that urgently needs to be redressed is the 'miniaturisation' of projects.
Drones are of course, remotely controlled and modern ships are also chip-driven.
The West has always preferred a timid, half intelligent and a dependent India rather than a decisively independent and self-reliant one. A pliable Indian leadership suits the West best, says Tarun Vijay.
Union Minister Shashi Tharoor's video address to an Indo-Pakistan entrepreneurs' event in Islamabad was abruptly cut off after he lambasted the Pakistani government for ceasefire violations on the Line of Control and suggested the civilian administration did not control the military.
'ISI mouthpieces in the media have been quick to blame India for the attack. Clearly, the intellect and worldview of these characters (which includes fairly senior retired military officers) is based on Bollywood movies like Ek Tha Tiger and Agent Vinod... More seriously, the fact that ISI touts have been using this opportunity to train their guns on India raises serious questions about all the talk of the army being on the same page as the civilian government on the issue of improving relations with India,' says Sushant Sareen.
High fiscal deficits raise inflation which hits the lowest income and salaried classes.
Against the backdrop of objections by some MPs, Civil Aviation Minister Ajit Singh on Tuesday strongly defended the Rs 2,058 crore (Rs 20.58 billion) Jet-Etihad deal, saying those opposing it were "long on politics and short on facts".
There is much work to be done to design a good GST.
'The court came to a conclusion using one person's case... Based on that one case, the term "rampant misuse" was used as if it is a generalisation.' 'If one in 10 cases turns out to be false, is it possible to call the Act a charter for blackmail or charter for personal vengeance?' 'Is there any Act either in India or anywhere in the world where there are no false cases?'
The India that needs strategic alliances, defence cooperation and engaging meaningfully with neighbouring countries is quietly moving ahead with confidence, says Tarun Vijay
Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy
'Openness is a great weapon in the armoury of more open societies. That's why the fight with Pakistan isn't just about India be six times bigger, but equally bitter and insecure Pakistan,' argues Shekhar Gupta.
The Economic Survey was tabled in the Parliament on Friday.
'It is the government's most important duty to ensure that when war breaks out, the armed forces are absolutely ready to face the adversary -- well equipped, well trained and in high spirits,' says Brigadier Gurmeet Kanwal (retd).
India still has to go a long way to implement reforms in various sectors.
Prime Minister Manmohan Singh's decision not to attend the Commonwealth Heads of Government Meeting at Colombo has once again put the focus on alleged cases of human rights abuses in Sri Lanka.
'There is tension between the zones all the time.'
RCom is expected to have a 50% stake, Aircel 40% and MTS 10%
He may have failed at his first attempt, but 27-year-old Dinup Kalleril, an engineering dropout, is following his passion relentlessly.
As India gears up to honour its pravasis on January 9 to mark their contribution in the nation's development, rediff.com presents perspectives from eminent writers on the Diaspora. Kicking off the series is Ambassador T P Sreenivasan, who points out that the change of the Diaspora policy put in place by Rajiv Gandhi following the military coup in Fiji and his decision to stand by them, was the one defining moment in India's dealings with its overseas family.
'It is just that we have our standards so low that anybody looks good now.' 'His sort of extremely terminological exactitude is a serious problem. He doesn't seem to understand the difference between exclusive economic zones, territorial waters...' 'I am expecting a lot of confusion because of this... Unless Parrikar starts going into the depth of the problems, he is only going to compound the problem rather than resolve it.'
Infra major GMR is hopeful of maintaining strong order book.
'What we have heard from the Sri Lankans is their desire to have a foreign policy that allows Sri Lanka to best advance its own interests rather than a foreign policy that relied solely on one relationship.' 'We think this is an attitude that makes a lot of sense. India and Sri Lanka have many areas of shared interests, and it's certainly welcomed by us to see that deepening of those ties.'