Decades of a state-owned monopoly selling coal at a fixed price has taken its toll on production.
Whilst substantive public allocations have been made in the infrastructure sector, this strategy is plateauing due to the fiscal deficit constraint, capacity limitation of statal implementing agencies, the declining ability of PSUs, and the precarious situation of the Railways' operating ratio. It is, thus, high time to get the policy compass to point at rejuvenating private sector investments in infrastructure, says Vinayak Chatterjee.
Airline now financially more stable but still in the doldrums as the operating environment remains tough.
India has got the money and workforce, but no Indian firm has so far decided to do it
'Everywhere our younger computer professionals are in the forefront, defending our national interest in every forum and keeping our flag flying high.'
The largest athlete's village in the history of the Games is a visceral monument to now-faded optimism. Planned when Brazil was booming, its harnessing of private sector wealth was meant to set the gold standard for a sustainable Olympics. Instead, the worst recession in generations pushed the luxury apartments out of reach.
Sensex firm on favourable GDP numbers for FY16.
'The government's principal aim should be to reduce the volume of cash transactions.' 'That would bring more of the Indian economy within the purview of taxation.' 'The current downturn in economic activity due to a lack of adequate cash is likely to be limited to a year,'
Besides Nair, others named in the charge sheet include the then K R Sridhar Murthy, Ramachandra Vishwanathan and M G Chandrasekhar.
A source close to FIFA said that as Blatter has not been arrested, charged or indicted, it would probably be for him to decide whether he stays in his post until February, when he is due to step down.
Starting from a team of part-time workers to an employee base that exceeds over 3,000, Wildcraft has come a long way
Top 5 losers include Infosys, TCS, ITC, M&M and HUL.
The real estate Bill will stamp out illegal practices prevalent in the industry.
All iconic and very rare to find now, they are still high in demand among the youth
Bhilar, a strawberry farming hub in Maharashtra, has been transformed into India's first 'books village'.
Few top honchos of India Inc did very well in 2014.
Manish Sabharwal is chairman of TeamLease, which has helped hire 1.4 million sales and customer service reps and logistics employees such as couriers for companies across India since it was founded in 2002.
'There is a great scope for enhancing the use of organic fertilisers'.
'I will say all this happened because of ignorance coupled with arrogance,' says G Madhavan Nair.
'If the RSS should be saluted for choosing such a scholarly statesman to address its highly trained cadre, one must also praise Pranab Da's sagacity for having gracefully accepting the invitation, thus disapproving any ideological apartheid,' says former BJP MP Tarun Vijay.
A long-time driver of SUVs from Tata Motors, Rajesh Karkera/Rediff.com steps on the gas with the Bolt, the new turbocharged petrol hatchback and comes away impressed.
Creative and confident, these emerging fashion designers are the future of Indian fashion.
Drones are being sold by e-retailers like Flipkart and Snapdeal for less than Rs 40,000 apiece.
Transport Minister Nitin Gadkari puts them out of the ambit of Motor Vehicles Act; experts say some regulation, licensing and driver training will be necessary
Under Sharma Axis Bank has also taken the lead in focusing on technology, which has now become core to almost every other lender's strategy.
Pad was a moniker for the Premier Padmini, which became the jewel in the crown of the Mumbai-based Walchand Hirachand Group.
The government has provided a long-term vision.
Aziz Haniffa, who has covered every Indian Prime Minister's visit to the US since Rajiv Gandhi in 1985, gives us a peek into what's happening in Washington, DC on the eve of the Modi-Trump summit.
Vietnam is a key player in India's act east policy under Prime Minister Narendra Modi. From India's perspective, a strategic partnership with Vietnam will only deepen political, economic, and security ties and be a bulwark against China, say Melissa S Hersh and Dr Ajey Lele
'I can confidently say there will be another financial crisis soon enough, and probably more than one global crisis within the next century, given the increasingly integrated nature of the global economy.'
A new logo can harm image than doing good, say experts.
Upstaged by the swanky malls in town, both M G Road and Brigade Road have lost their "happening" status
'The Opposition has no option but to make it an 'All versus One' fight to even think about winning.'
Japan has the capital and needs to pull out of China, which has been its major destination. India, on the other hand, desperately needs capital especially for infrastructure, argues Rajeev Srinivasan.
Apollo and Cooper are yet to make the customary rounds of courts to settle termination charges and break-up fees, but the mood already is buoyant among institutional investors who had red-flagged the highly leveraged transaction agreed upon by the Indian company.
'Demonetisation, is in principal, a mistake, because it involves a theft -- a taking of private property by the State.' 'It is one of those bad Indian ideas that has been tried twice in the past, with two failures for the record books.' 'This cloud over the economy will probably remain as long as Modi is in power.'
'Good politics is not just staying in power. You cannot sacrifice everything at the altar of trying to ensure the coalition remains in power.'
India's good fortune, experts in the US feel, is not the result of a fundamentally strong economy, but because it is the best of a bad set of options.
Ishita is helping the local community in Spiti lead better lives and build a sustainable environment.