It is in coal consumption that India most diverges from the rest of the world
Duvvuri Subbarao recounts how his tensions with P Chidambaram and Pranab Mukherjee, then finance ministers, over monetary policy spilled over into other issues in the central bank in this excerpt from Who Moved My Interest Rate?, his memoir of his term as Reserve Bank of India governor.
Under the hybrid-till model, a portion of non-aeronautical revenue (commercial revenue) at the airport is taken into consideration while fixing the landing and parking charges, user fees and other aeronautical charges.
A heavy agenda including the ordinance on the Food Security Bill awaits the Monsoon session of Parliament beginning on Monday amid expectations that the short sitting will be more businesslike and smooth as compared to the din and dust in the last few sessions.
The BSE MidCap and SmallCap indices during this period have outperformed the blue-chip indices.
Now insurance companies will train agents not only to get new business but retain existing customers.
Finance minister attempts a clean-up job, keeps projected expenditure growth low.
Most farmers want to give Modi a second chance. They hope that the BJP loses at least 50 seats, so that it is dependent on its coalition partners who will then keep a check on Modi.
Athletes from one sport should not be punished for the sins of those from another, the IOC president said on Wednesday, cooling speculation that Russia could be banned from the Olympics altogether for systematic doping.
'With the recent challenging of the notion of the Indian Ocean Region being India's strategic backyard, China is gradually upping the ante in the maritime realm around India.'
Finance Minister Arun Jaitley has said that the states were free to announce farm loan waivers if they had the fiscal space and that there would be no shortfall this year in divestment and non-tax revenues.
'The speeches of Modi in Assam, Bengal, Kerala, Baghpat and the border areas of Bihar, overplaying the themes of terrorism, izzat of mothers and sisters, are to be read carefully to understand that he is trying to keep the fear of Muslims alive in the Hindu masses,' says Apoorvanand.
A glance back at some important events that occurred in 2018.
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Crony capitalism will of course generate investment and ensure profit for private capital, but it won't give employment or income to the people. If you can make money by selling coal or speculating in land, why produce electricity, why invest in research and development, why even set up factories, asks Praful Bidwai.
Author Ashwin Sanghi says it is possible to 'attract' good luck! Here's how!
From the roll-out of GST to H1B visa problems, the government needs to quickly deal with various disruptions.
'Why can't a person who has supervised military intelligence head RA&W?' 'Why can't one who has overseen national security planning become our NSA or chair the National Security Advisory Board?' asks Vice Admiral Premvir Das (retd).
Limited IT staff may compel them to focus on big fish than small depositors.
Goods like chocolates, chewing gum, shampoo, deodorant, shoe polish, detergents, nutrition drinks and marble will now attract 18% GST>
The known unknowns in Prime Minister Modi's Saudi visit assume great significance, says Ambassador M K Bhadrakumar.
'People don't want to watch a screaming channel if given a decent alternative.'
There is too much focus on building, infrastructure, the number of teachers (as opposed to quality), number of laboratories and so on, says Vineet Gupta.
The project has been delayed by three years, after a consortium of Port of Singapore and ABG Ports, which had won the bid by offering to share more than 50 per cent of the revenue with JNPT, backed off from the project, citing several reasons.
The founder of the Republican Hindu Coalition first attracted attention in the US as the "Punjabi tycoon" who was a huge supporter of Narendra Modi in the US. 'He will be best for India. There is no better ally for the US than India in the region,' Shalabh Kumar tells Rediff.com's Vaihayasi Pande Daniel.
Smart cities must be very well equipped with technology and security systems alike.
Unless the judges factor in the ungovernability of technologies and their beneficial owners, present and future Presidents, prime ministers, judges, legislators and officials handling sensitive assignments may become redundant with reference to their age-old roles for securing 'national resources and assets', warns Dr Gopal Krishna.
These risks are viewed as more acute in the online world.
The Credit Suisse report has estimated the middle class on the basis of their wealth rather than their income, says Prachi Salve ' IndiaSpend.
insisting that it had tried to strike a 'fine balance' to ensure that no injustice was done to innocent children.
In an online chat with readers, NNS Chandra offered advice on how to pursue an education abroad.
Says licensing of new banks should be a continuous process instead of the current stop-go system
'How is it okay for a woman to show her private parts to the world just because she wants to go to the toilet?' 'She can't show her face -- you want her to pull her ghoongat till her navel -- but you are okay with her flashing to everybody!'
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With new private banks in the play, the going could become more difficult for the old-school state-run banks, already losing business and market position, forcing them to think hard towards consolidating and forming larger entities to garner big-ticket deals.
The key proposals from the IT industry that were not addressed included removal of dual levies on software products
'I am hopeful of getting all six seats from Nagaland, Arunachal Pradesh and Manipur, either for the BJP or with our allies.' 'The same is true about Meghalaya.' 'We will have to work hard in Mizoram and in Tripura.' 'In Assam, we won seven seats. In 2019 election, we will add to this number.'
Presenting words of wisdom from inspiring speeches from personalities across sectors that will lead you to a positive path in 2016.
The government package for public sector banks, announced last Friday, has been welcomed by the stock market with the PSU banking index booking smart gains.
The recent agreement between the RBI and the Centre marks a significant step forward toward financial inclusion.
A sensational interview on India-China ties, with the man most qualified to answer.
'China made it evident that neither the swing-ride at Ahmedabad nor the red carpet at New Delhi worked, by timing its muscle-flexing in Ladakh to coincide with Xi's visit.'
