The country's narrowing power deficit and increased coal production may not be indicators of the end of stress in the industry. Amritha Pillay reports.
IOC inspectors who visited last year warned that unless the pace of construction picked up soon, some arenas may not be ready in time to host test events ahead of the Games.
In his massive election rallies, Prime Minister Narendra Modi often caught voters fancy promising that each individual would get Rs 15-20 lakh in his bank account if he came to power.
If banks won't lend, seek a loan from fintech lenders or P2P platforms to help you get out of a debt trap.
Total subsidy bill could come down to around Rs 2 trillion.
There were heightened expectations from Budget 2017 after the impact of note ban on different sections but most remain unfulfilled.
This Budget plans for an increase to 10.3% of GDP from 9.9%.
'How many people have been skilled up and thus able to escape from needing to be in NREGA? The true success of NREGA would lie in its irrelevance -- that is, people no longer need it as a crutch.' 'NREGA should enable them to climb out of poverty and stand on their feet.' 'But this is expressly forbidden by NREGA rules. Skill development, which is what India needs more than anything else, appears to be outside the purview of NREGA,' points out Rajeev Srinivasan.
'There is no change in the overall story of economic recovery.'
'SC and ST entrepreneurs are showing promise in starting and running businesses'.
The merger will result in substantial cost and capex synergies with an estimated net present value of around USD 10 billion after integration costs and spectrum liberalisation payments, with estimated savings of USD 2.1 billion annually from the fourth year of the merger.
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.
The second fortnight of September saw Rs 3 lakh crore of time deposits, something unique, followed by liquidation of Rs 1.2 lakh crpre of these right after.
'There has to be an 18-month transition.' 'But if the government had some prior knowledge that the high value notes were being used for an imminent terrorist activity in the country, then we have to accept the step.'
'According to a powerful section of the Congress the vote was anti-Congress, anti-dynasty and pro-Modi, in that order. They say Modi won because he represented and completely played upon "Bhartiyata".' 'Sonia is being accused, privately, of protecting her son at the cost of the party's interest.' 'For the first time ever, 24 Akbar Road, the Congress headquarters, is assessing the "neeyat (intent)" of the Gandhi Parivar, which has never happened before.' A Rediff Correspondent lifts the veil off the churning within the Congress party in the wake of the party's rout in the election.
The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.
Lack of decisiveness and courage to deal with PSBs may turn out be the biggest impediment to the Modi government's economic initiatives, says Debashis Basu.
We have cleared all dues to our employees, says Ajay Singh
Indians are the biggest non-Arab investors in Dubai's real estate market.
The economy could return to 8% growth by the end of 2017-2018, says Arvind Panagariya, vice-chairman NITI Aayog.
Drishti, an affordable eye care chain has lit up the lives of scores of people in rural areas.
The government can seek details from sellers such as sources of funds while buying.
NDA government has shunned populism.
The Supreme Court on Wednesday said that the money likely to be arranged by Sahara Group from overseas to raise Rs 10,000 crore (Rs 100 billion) for the release of its jailed chief Subrato Roy would come into the country only after necessary clearances by RBI.
'Our priority will be to settle land disputes in Bihar, which I believe is the root cause of almost all crime in the state.'
Globally, just 8 billionaires have same amount of wealth as the poorest 50% of the world population.
In a nation divided by many things, the 12-digit unique identity number is holding lives to ransom.
Indian economy about to take-off
'On the tax front, most of the Budget proposals are sensible'.
Prime Minister Narendra Modi on range of issues -- from Rafale deal to Ram temple and triple talaq.
Contrary to the bragging that marked its two-year anniversary, the government's timidity on reform is simply astounding.
As Prime Minister Narendra Modi is set to deliver his third Independence Day speech on August 15, he is inviting ideas from citizens on issues he should speak on
Tax incentives to have cascading effect on the capital goods industry.
Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.
Born in poverty and subjected to inhuman abuse, Kalpana Saroj overcame all hurdles to emerge a success story.
With the Rafale fighter deal stuck over price negotiations, can the prime minister step in and find a way out for both countries?
There are some advantages of a falling rupee.
The fiscal deficit of the Centre remains a worry, running at over 6.5 per cent of GDP in April-September 2014, mainly because of revenue shortfalls from exaggerated projections in the government's July Budget and despite the relief on subsidies from lower oil prices.
The industry status will help the sector access bank lending at average interest rates
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