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).
'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.
Isn't National Intelligence Grid and UIDAI engineered by vested interests, asks Gopal Krishna.
Given the cost structure in the country, it won't be easy for AirAsia to offer 'Nano' fares and still make money.
In his penultimate State of the Union address, Barack Obama said that the economy is improving.
This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India.
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