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.
'The range of purchases throw a light on India's threat perception as also its perceived role of being a stabilising influence in the region,' says Brigadier S K Chatterji (retd).
Rediff.com's Prasanna D Zore and Uttam Ghosh/Rediff.com travelled 650 km in Chhattisgarh's Sukma and Bijapur districts to report on the situation that exists 11 days after the Burkapal ambush, where 25 CRPF troops were killed by the Maoists.
Director-actor Samuthirakani gets candid about his journey in the film industry.
Co-founder of Twitter Biz Stone tells us what he learned from his enterprising entrepreneurial journey.
Admittedly, EVMs too have a UID number and any convergence of data can make the secret ballot system a party of history, warns Dr Gopal Krishna in the 5th part of his series against Aadhaar.
Smita Patil would have been 60 on October 17 had fate not cruelly snatched her from us in 1986. She was only 31 when she died. Rediff.com salutes the incomparable actress in a special series.
Belgian-born Rich, whose trading group eventually became the global commodities powerhouse Glencore Xstrata, died in hospital from a stroke.
Maitri, which provides free and confidential services to South Asian-American families facing domestic violence, at its 23rd annual gala raised half a million dollars. Ritu Jha reports
Aseem Chhabra lists the elements that he loved and was pleasantly surprised by in the movies.
In October 2007 Raja Sen visited Louisiana governor Bobby Jindal's village in Punjab to find out how its residents, and relatives, feel about their oddest export. His report was published in India Abroad, a weekly newspaper published in the US and owned by Rediff.com.
The finance minister hiked the total defence expenditure from Rs 203,672 crore in FY 2013-2014 to Rs 229,000 crore for FY 2014-2015. Though the increase appears substantial, it is insufficient to undertake the military modernisation necessary to meet the emerging threats, feels Brigadier Gurmeet Kanwal (retd).
The BDCA is yet another dose of insidious placebos administered on the people of India by their own government that has been in perpetual denial over the steady incremental loss of strategic Indian territory, says R N Ravi
The project is awaiting clearances from the DGCA.
New Delhi bureaucrats, accustomed to leisurely lunches, golf in the afternoon and long weekends, have been shaken out of their somnolence, say authors. Fear and suspicion hang heavy over the red-sands.
Kanu Behl's Titli is one of the best films from India in recent years, says Aseem Chhabra from the Zurich film festival.
'The US wants Modi to succeed because we want India to succeed. For our part, when India thinks of its partners in the world, we want it to think of the US first. That means positioning our country as the preferred provider of the key inputs that can help to propel India's rise.' 'The meeting between Modi and Obama is, and must be, an opportunity for true strategic dialogue -- not a scripted exchange of talking points, but an open discussion of the big questions. What kind of world do we want to live in? What are our true priorities? And most importantly, why does this partnership still matter?'
'The real test will be in defence-related deals, for instance the Javelin anti-tank missile: Is the US willing to co-develop something with India, on terms that will support the 'Make in India' initiative? Is there defence technology transfer? Or will it dump old junk on India?' asks Rajeev Srinivasan.
On the occasion of Chinese New Year, we bring you a look at what 2015, the Year of the Sheep has in store for you!
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