It would perhaps have been better for Lieutenant General Dalbir Singh to have been elevated to the top post by the new government, notes R S Chauhan.
Union Budget had projected the fiscal deficit at Rs 5.56 lakh crore.
Infrastructure investments in politically-expedient sectors such as water supply, sanitation and irrigation have seen an increase during the first year of the 12th Five-Year Plan (2012-13 to 2016-17), but the same did not get replicated in other critical sectors.
The National Pharmaceutical Pricing Authority will soon notify prices of as many as 150 packs of essential medicines in line with the new pharma pricing policy, according to official sources.
Sensex eneded 374 points higher on rate cut expectation from the RBI.
'I came to know that there was a big racket going on in the selling of onions. Private players were hoarding onions and these things cannot happen unless they have political patronage.'
Corporate India at present is more indebted than all state govts put together.
'India has about 22,000 tonnes of private gold, held by individuals and temples.' 'Much of this is locked up in safes and vaults as a dead investment. If we can put the vast reserves of gold to use, it would boost the economy,' says V P Nandakumar, executive chairman, Manappuram Finance, India's first listed gold loan company.
The analysis covers BSE 200 Index's 171 companies for which data on the compensation to the boards of directors for FY14 and FY13 are available.
Roadblocks ahead as these medicines could face new clinical tests, more scrutiny
While the government had in June approved a new formula for pricing of all domestically produced natural gas, the Cabinet yesterday allowed the same principles to also be applied to Reliance Industries' currently producing fields in KG-D6 block subject to certain conditions.
Inflation pegs down currency value, re-allocates resources, reduces potential economic growth and leads to the attrition of gross domestic savings.
The mobile phone scenario has changed quite a bit since Elife S5.1's time, and the Elife S7 will do well if Gionee decides to sell it for about Rs 3000-5000 cheaper, says Himanshu Juneja
India's macroeconomic situation has benefited from oil prices' decline.
Move by Swiss cement major Holcim to simplify its Indian structure has not gone down well with institutional investors.
Money will flow to Europe, Japan - and the emerging markets, including India.
SBI remains a favourite of most brokerages in the PSB segment.
Amidst Finance Ministry raising prospects of forcing Reliance Industries to sell gas at old price of $4.2, Oil Minister M Veerapa Moily on Thursday said there was no rethinking in the government on the decision to double gas rates from April 1, 2014.
Reason behind for the change in his stance: gas price increase.
He said the UPA had left the economy in a dire state, with Consumer Price Index and food inflation at double digit, Wholesale Price Index inflation around 6-7 per cent and growth prospects were limited.
Given the relative rates of gross domestic product growth, the differential will increase.
The defence ministry has signed off on a national security plan that it cannot fund. Ajai Shukla reports
Gas pricing guidelines stipulate that a new gas price will apply to all producers except RIL.
.jpg)
Mayank Ashar talks about India's business environment.
In a live chat on rediff.com held on Friday, July 11, well-known equity specialist Devang Mehta discussed what effect the Budget will have on the stock markets -- from how NOT to lose money in the markets to which are the safest stocks.
A Ganesh Nadar speaks to onion farmers in Nashik, India's largest wholesale onion market, about the high prices.
T N Ninan lists a few David-Goliath encounters in the Indian markets, all of which make life interesting, though difficult if you are an investor looking for the next multi-bagger.
Price cuts will surely help Apple's cause here, says Himanshu Juneja.
In an hour-long chat on rediff.com on Thursday, A K Prabhakar, senior VP and Head -- Equity Research (Retail), Anand Rathi Financial Services Ltd, discussed the best stocks to put the investors' money in.
Where do the commodities market go in the new year? Sonali Ranade offers an insight.
Phee Teik Yeoh says that the worst is behind them.
Lumia 830 is the last phone to carry the iconic Nokia branding. But is it geared to take on the competition? Himanshu Juneja has the answer.
The Modi government's e-auction policy for coal, meant to shield the consumer against hike in electricity charges, has already led to serious allegations of cartelisation among the bidding corporates. Matters came to such a pass that the government at one point last week was considering inviting the Central Bureau of Investigation to probe the matter, reports Sheela Bhatt/Rediff.com.
'There is no change in the overall story of economic recovery.'
.jpg)
In an hour-long chat on rediff.com on Friday, A K Prabhakar, senior VP and Head -- Equity Research (Retail), Anand Rathi Financial Services Ltd, discussed the best stocks to put the investors' money in.
'The Modi government believes the industrialist, the capitalist, has to pay for the assets of the government which belong to the people of India.'
In an hour-long chat on rediff.com on Friday, A K Prabhakar, senior VP and Head -- Equity Research (Retail), Anand Rathi Financial Services Ltd, discussed the best stocks to put the investors' money in.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances