'...and defensive until the global macro headwinds turn more benign.'
FM should avoid proposals such as to tax financial transactions and fringe benefits
Tambaram, a suburban area of the capital city has borne the brunt of the torrential rains, with areas beyond 2-3 km outside of its station left inundated, cutting it off from rest of Chennai.
Raghuram Rajan, who has been pilloried by his critics for keeping interest rates high and has also been accused of stifling growth.
'The greatness of Indian democracy is that it never lets any political pundit master the pulse of the electorate. Sometimes people vote for change and sometimes they vote for the status quo.'
Sentiment has improved but no progress on GST & ending 'tax terrorism' disappoints.
Markets have witnessed a gap down opening mirroring losses in the global equities with US markets taking a hit on worries about the health of Chinese economy.
Kerala Finance Minister K M Mani resigned on Tuesday night after pressure mounted on him from the ruling Congress-led United Democratic Front to quit.
Because from June 1, 2015, you will have to fork out 14 per cent service tax instead of 12.36 per cent
Rajan's remarks come as the Modi-led government completes one year.
Mohandas Pai took part in an hour-long chat on rediff.com
Narendra Modi was both conciliatory and mocking towards the Opposition, particularly Congress, during his hour long reply to the debate on the motion of thanks to the President's address in the Upper House.
The industry's reactions to the Budget have been mixed.
ADB pegs India's GDP growth at 7.8 per cent in FY 2015-16
The government's initial promise and energy seems to have dissipated.
Single window clearances for realty must.
Hardik Patel, who was leading the Patidar Anamat Andolan Samiti, demanding Other Backward Class reservation for the Patel community, has been detained by the police in Ahmedabad on Tuesday. He was later released.
Despite the BJP's displeasure over Sasikala's elevation as AIADMK general secretary, the Dravidian party has sent a message to the Modi government that it will not be cowed down, says N Sathiya Moorthy.
'Modi is likely to make more announcements to win or retain popularity, and put himself at the centre of things even more than now,' says T N Ninan.
'Success will require political skill, not just economic expertise'
The Modi government's array of economic policy has been impressive.
In the run up to three years of the National Democratic Alliance government, Minister of State for Commerce and Industry (Independent Charge) Nirmala Sitharaman says it is time to consolidate some of the major initiatives as well as take new steps.
Army was called in on Wednesday to help control widespread violence sparked by quota agitation by Patel community in Gujarat which has claimed seven lives even as curfew was clamped in several areas.
The government is looking at building by-laws and floor area ratio so that you can build up instead of out, thus requiring less land.
P Chidambaram rejected Prime Minister Narendra Modi's veiled charge that Sonia Gandhi was an "unconstitutional authority."
'What we are going to see is a large number of white collar jobs getting lost.' 'Job loss can drive people to depression, drugs, alcoholism and even suicide as there is no one to turn to when they are down.' 'There is no in-between now -- things go from a luxurious lifestyle to no lifestyle.'
The two governments have already set a target of increasing bilateral trade in goods and services to $500 billion.
Prime Minister Narendra Modi gave the vote of thanks to the President's speech on the opening day of the Budget session.
Does the rally reflect expectations of improving fundamentals or they are likely to correct?
'If the Indian economy formalises, industrialises, urbanises and develops human capital, 10 lakh youngsters will join the labour force every month in the next 10 years.' 'It's not a bulb that will go off; it is a sunrise.'
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
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.
The leadership styles of the two Gandhis being different, the party appears to be pulling in different ways. While Sonia Gandhi, the longest-serving Congress president, seems more predisposed to holding the government accountable on issues of probity, the younger Gandhi is more keen on taking up battles that ensure immediate victories.
The captains of Indian industry described Narendra Modi government's maiden budget as one with "the right intent and in the right direction".
'Jin Jiang had invested in Louvre Hotels.' 'Louvre, a couple of months ago, took a majority in Sarovar hotels.' 'So they are coming in now.' 'Look at the Chinese -- two quarters ago they took 25 percent in Hilton.' And then HNA also took majority in Carlson (Radisson).'
'India is the number one IT destination in the world as we have the largest number of IT professionals in the world.'
In the final part of his interview with Sheela Bhatt/Rediff.com, journalist Rajdeep Sardesai says the Congress lost the election in 2011, the year of Anna Hazare.
Indian economy about to take-off
A combative Congress President Sonia Gandhi on Wednesday mounted a blistering attack on Prime Minister Narendra Modi, accusing him of running a government "of some people, by one person for a select few" and said he has not much to showcase even as the government completes one year.
Cashi Crisis: Day 9: Aaj ki Taaza Khabar!
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances