'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.
Referring to long-pending insurance bill, he said "we are on the verge" of opening the sector a little more.
Russian firms expand their footprint in India. And take bigger steps to do business with India's private sector.
Online bullies, haters, trolls - call them what you will - are the blight of social media, for not just individual users but also brands and companies.
'Allah is there above and, with him as witness, I am giving you this money. If my Mariam's letter arrives, you must deliver it.' The clerk stood still in astonishment. 'Where must it be delivered?' 'Upon my grave!'
While some states like Kerala and Telangana were badly hit by the strike, the impact was partial in Punjab, Haryana and Maharashtra
'What made him different was that he was not a banker at all by temperament.' 'He was a businessman, a typical lalaji at that.' 'He had to win at any cost.'
Modi made a strong case for a partnership between the producers and consumers in the oil market as it exists in other markets.
Projects in other developed countries, such as Canada, and even in developing nations like Mozambique and Indonesia are also in limbo
10 central trade unions have called a nationwide shutdown against 'anti-worker policies' of the central government. Apart from being successful in Bengal, Kerala and NE states, the bandh has also got support from Cong leader Rahul Gandhi and Shiv Sena in Maharashtra.
Markets will remain closed on Thursday, 12 November 2015 on account of Diwali Balipratipada.
Shares of IT companies were in focus with the Nifty IT and S&P BSE IT index gaining more than 2% in an otherwise lower market
The market breadth in BSE remains positive with 1,554 shares advancing and 1,196 shares declining.
"Reform is not an end in itself. Reform for me is just a way station on the long journey to the destination. The destination is the transformation of India," he said.
Modi government has to come up with a robust economic agenda to impress the masses.
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India's fear of small states derives from memories of Partition and the paranoid view that it will break up under 'too many' states. It's time to shed such fears and bite the 'states' reorganisation' bullet. India won't crumble under a few more Telanganas, Vidarbhas or Gorkhalands, says Praful Bidwai.
Congress said another Mahabharat would be fought over proposed amendments in the land acquisition act.
Nifty September F&O series ended lower after seven consecutive positive series with Metal Index falling the most
Elaborating on this theme, Petroleum Minister Dharmendra Pradhan pointed out that if the power sector had not been opened up through reforms initiated in 2003, India would still have been in darkness.
Markets could slide again owing to conditions in Europe and the US.
The government has made its initial moves, good and not-so-good, while the roll-out in some cases has been slow.
Highlights from PM Modi's Mathura speech to mark one year in power.
Modi denies the charges and was exonerated in an Indian Supreme Court inquiry in 2012.
As oil minister, he has overseen India's petroleum and natural gas needs. But now he also runs the environment ministry, where he has issued permits for 100 stalled projects in a month-long spree that has delighted industry but shocked green activists.
Indian business has many legitimate grievances against the political class for not delivering an optimal business environment.
The government is now contemplating issuing an executive order to implement these measures, which would need to be approved by lawmakers within six weeks of the opening of the next session of parliament, scheduled for the beginning of February. India's president would also need to agree.
Modi, in an op-ed published in the Wall Street Journal, wrote that the US and India are forging a deeper and stronger partnership that extends far beyond the Beltway and the Raisina Hill.
The outlook is improving and that mostly reflects the fact that the new government has pledged to prioritise economic reforms.
On the revenue front, the finance ministry was expecting higher proceeds from non-tax revenue.
Moeen's 120-run knock was the highlight of the opening day's play as England, having already conceded the five-match series following three successive defeats, recovered to reach 284 for four at stumps after losing two wickets quickly in the first session.
Prime Minister Narendra Modi and his lieutenants are reaching out across the aisle to get key legislation passed.
Deepak Parekh, chairman of Housing Development Finance Corporation (HDFC), India's largest mortgage lender, says the exuberance in industry about the new government is justified but big ideas articulated by the prime minister need speedy implementation.
Commerce and Industry Minister Anand Sharma on Wednesday appeared to share industry's concerns over naming Kumar Mangalam Birla in an FIR in coal scam case saying it was unfortunate and could raise questions over investor confidence in the country.
Delhi Metro, Yamuna-expressway and Tata Power's Mundra ultra mega power project in Gujarat are among the six ventures that have figured in the list of world's most innovative, impactful infrastructure projects prepared by international accounting firm KPMG.
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The stock market responded to his speech by going up by over two per cent; the rupee also gained in strength, by about 1.45 per cent, against the dollar.
'Modi, with his sharply honed political savvy and undoubted grasp of international affairs, is a past master at taking the measure of world leaders.' 'He would be the last person to think of the unpredictable and not too well-regarded Trump as the mediator,' says B S Raghavan.
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We present Prime Minister Manmohan Singh's full speech as he addressed the country on the occasion of 66th Independence Day, from Red Fort, Delhi.
The PM blamed the UPA regime for the problems in the banking sector.
The prime minister's August 15 address was undoubtedly inspirational and outlined important economic and social objectives, such as making India a global hub for manufacturing, ensuring bank accounts for all poor families, major thrusts in sanitation and cleanliness, and a radical restructuring of the Planning Commission.
