'Tax dodging through tax havens is one of the ways multinational corporations and the super-rich in India are using to evade taxes.'
Experts expect the trend to continue in the near term.
Ajit Balakrishnan on mapping the Business Serengeti.
The new government has to make conscious efforts to rebuild social equality and bring the people together.
He said his administration is going to enforce 'Hire American' rules that are designed to protect jobs and wages of workers in the United States.
The successful orbiting of the satellites by the Polar Satellite Launch Vehicle PSLV C-40 comes four months after the Indian space Research Organisation's mission to launch backup navigation spacecraft IRNSS-1H onboard PSLV-39 ended in a rare failure.
While IDBI Bank's 140 million customers and 1800-odd branches will come in handy for LIC to hawk insurance, the bank can use LIC's massive agent network to sell its retail loans. But if it is run the same way it had been in the past and LIC is a proxy of the government, then it has no future, says Tamal Bandyopadhyay.
It is rare for communal riots to spread to rural areas. The UP riot is the first time after the September 1969 Gujarat riots that a rural area have been affected. Electoral politics which divide society in majority/minority, going on since the early 1990s, is a major contributing factor to this heightened tension between communities, says Colonel (retd) Anil Athale in the first of a two part series.
That is bad news for officials taking part in discussions at the International Monetary Fund and World Bank meetings this week.
"I never expected it. It was too good to be true," says the 20 year-old.
'Through a translator, I was able to speak with several of the detainees from India who are seeking asylum.' 'I was saddened to hear the detainees tell us that they are being confined in their cells for up to 22 to 23 hours a day.' 52 Indian are among the 121 asylum-seekers held in an Oregon prison. Rediff.com Senior Contributor Pottayil Rajendran reports from New York on the case that is making headlines in America, India, indeed around the world.
Higher crude oil prices also translate into better corporate earnings for India's top companies
Firm to prune domestic costs through initiatives such as voluntary separation
The Finance Ministry has sought comments from stakeholders.
The 7th CPC places the Indian Police Service (and, almost in passing, the Indian Forest Service) on a level with the Indian Administrative Service, leaving the military out in the cold.
A soldier cannot justifiably demand faster, easier promotions based on frequent field tenures
The question really is whether the US can be persuaded to embark on a path of calibrated and stronger sanctions on Pakistan.
For existing technologies, unless appropriate financing is available, deployment at scale is difficult.
In his fifth address as President, Pranab Mukherjee asked authorities and institutions of the State to adhere to the 'dignity' in discharging their duties.
''Even without major reforms, with a business as usual scenario, and with current inflation trends, we should be clocking around 11 to 12 per cent nominal growth.' 'That is not happening and is a source of worry,' Rathin Roy tells Arup Roychoudhury.
Mumbai-based start-up Purple Squirrel Eduventures is helping students decide on their careers through industrial visits
'The strategy has to be restoring order in one part and countering the very effective propaganda through a very nimble monitoring and response system,' says Lieutenant General Syed Ata Hasnain, who retired as the General Officer Commanding of the Srinagar-based 15 Corps.
The industry status will help the sector access bank lending at average interest rates
'India is no longer the India of the '70s and the '80s.' 'It's a large country with the fastest growing economy.' 'In working with India, you just can't go and humiliate the nation publicly.' USIBC President Mukesh Aghi tells Aziz Haniffa/Rediff.com about how he advises American companies to do business with India, what he thinks of Modi's government and the way forward for the India-US relationship.
The J-20 fighter is called Beijing's answer to the US F-22 stealth fighter and the F-35 that will be soon deployed in the Pacific by the United States and Japan.
'The Pakistanis were not the mujahids or terrorists as claimed initially.' .'They were trained soldiers who held state of the art anti-aircraft missiles to shoot down our airplanes.'
We remain at the mercy of the global economic climate.
Growth in the eight core sectors jumped to 8.5% in April, due to a sharp pick-up in refinery products and a commensurate rise in electricity generation.
At this point of time, the requirement of the economy is obviously more investment, which will create more jobs and increase purchasing power that will sustain a high level of production, says K M Chandrasekhar.
The Department of Post, Tech Mahindra, Videocon Group and stock exchange NSE have joined big corporates like Ambanis and Birlas to seek entry into banking business through newly created niche category of Payments and Small Finance Banks.
50 years after the 1965 War, India still thinks we can have a 'limited war' when our opponent has time and again shown it does not believe in a limited war, says Colonel Anil A Athale (retd).
The Budget has to provide for capex on roads, railways, defence and other infrastructure sectors.
The size of the hole in today's banking crisis appears to be roughly 10 per cent of GDP.
Indian economy about to take-off
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