The best possible move would be for the government to spend the funds on activities like infrastructure development or as it deems fit, says Soumya Kanti Ghosh.
Without civilisational moorings, India, more a sub-continent than a country, could not exist. Primacy of Dharma has been the cornerstone of Indian civilisation, says Colonel Anil A Athale (retd).
The latest additions will bring the total number of UK manufacturing jobs announced by JLR over the last three years to almost 11,000.
Of the 3.9 million the sector employs, HR experts say at least 100,000 are likely to lose their jobs by the end of this financial year. Ayan Pramanik and Raghu Krishnan report.
The superstar received the World Economic Forum's prestigious Crystal Award in Davos.
'The quick fixes have failed; there is now no alternative to deeper reforms,' says Ajay Shah.
Batting for greater transparency, a Sebi panel said sound corporate governance helped companies generate "significantly greater returns".
As he engaged in talks with Prime Minister Narendra Modi, Chinese President Xi Jinping came in for praise from an unlikely quarter -- exiled Tibetan spiritual leader the Dalai Lama -- who described him as 'open-minded' and 'realistic'.
Farmers have been availing crop loans upto Rs 300,000 at 7%.
It epitomises a significant opportunity lost, just when the state was beginning to shed three decades of leftist inhibitions in favour of economic reform.
-- The gunman live-streamed the mass shooting inside the Al Noor Mosque -- Witnesses have said they saw 'blood everywhere' -- Four people are in custody after the shootings, including one woman and three men -- New Zealand Prime Minister said the shootings were 'an unprecedented act of violence, an act that has absolutely no place in New Zealand. This is not who we are'.
A provision of Rs 15,000 crore has been made in the budgetary estimate of 2016-17 towards interest subvention.
The Bankruptcy Bill seeks to ensure predictability of outcome for creditors.
Double tax exemption on wages paid to women can encourage companies to hire, retain and compensate women better, argues Nitin Pai.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
In March 2014, Nilekani quit UIDAI to try his luck in politics.
A stable government at the Centre and its plans to set up smart cities has revived investors' interest in the country with Mumbai, Delhi and Bangalore set to emerge as hot investment destinations in 2015.
India needs to invest a lot more money in science research and translate this research into products and solutions for its people, says trustee at the Infosys Science Foundation and co-founder at Infosys Kris Gopalakrishnan.
Industrialists affirm their belief that the adverse effects of demonetisation and the goods and services tax are finally over.
Move to improve transparency but make liquidity more difficult to come by
'The Hindu quest for political power in terms of a Hindu identity can pose a problem for tolerance, as the alignment of religion with power often does.'
The senior RBI official, who assumed office on July 31, a day before he was to retire from the state-run Bank of Baroda as its chairman, said developments in construction technologies should make it possible for developers to bring down home prices.
LIC, ICICI Bank, PNB to have nominees on board; firm asked to sell non-core assets.
"Our government does not delay decisions. We neither nurse problems nor keep them pending," Modi said.
I did a lousy job of making my wife understand the need for me to start my own business and this haunted me through my start-up journey.
Prime Minister Narendra Modi on Friday stressed on India becoming history-conscious saying only such countries have a potential to create history.
Congress President Sonia Gandhi on Wednesday accused it of destabilising institutions, polarising society and mistaking its parliamentary majority for a licence to impose its narrow ideology on people
Balanced funds are suitable for investors who have low-risk appetite or are new to equities.Those with more than seven-year investment horizon should look at funds that have higher equity exposure.
Earlier in the day, Pichai announced Google would work with the Indian Railways
'The Chinese mindset and approach to India is far different from that in Pakistan.' 'This reality makes it possible for us to follow an engagement policy with one, while militating against engagement with the other.'
Though e-commerce opens a new world for the handicraft industry, empowering craftspersons still remains a real challenge.
Rediff.com presents the gist of the speech delivered by Mr. Kailash Satyarthi on the Foundation Day of Rashtriya Swayam Sewak Sangh.
It is not the predictability but the lop-sided sentimentality of Sooraj R Barjatya's narrative that hurts Prem Ratan Dhan Payo's intentions the most, says Sukanya Verma
China tops the list with 3.5 million, followed by Brazil with 918,000.
Cafe Irani Chaii is Mansoor Showghi Yezdi's attempt at preserving Irani culture in an age of globalisation, where old cultures are swiftly fading away.
Sharmila Nair's campaign '18 Shades of Black' is inspiring Indian women to talk about the restrictions they faced while growing up and encouraging people to find solutions.
The book Effective People by Dr TV Rao features inspiring examples of success icons from across the world.
Here's a pick of what Warrenn Buffett had to say over the weekend, and his annual 'Woodstock for Capitalists'.
'Power is always transitory, and you should be the same person whether you have it or not,' the head of the number one law firm in India tells Pavan Lall.