Contracts with India-based domestic assistants for officials abroad have become a headache for the Indian government.
Why, centuries after the French Revolution promised an end to feudalism, do political dynasties persist -- even in democracies, asks Ajit Balakrishnan.
RBI governor Raghuram Rajan is likely to cut rates in next monetary policy.
A summary of sports events and persons who made news on Saturday.
The airline re-built the flight schedule and refunded passengers.
The defence ministry has put on hold all existing and future deals with Rolls Royce pending a CBI probe ordered into allegations of bribery and engaging middlemen in contracts worth Rs 10,000 crore for supply of aircraft engines to state-owned HAL.
The WTO has already significantly lowered its sights since a decade of Doha talks broke down, forcing the body to focus on a much less ambitious set of reforms.
The resilience of many emerging markets, notably China and India, in the aftermath of the Lehman shock further strengthened this sense of manifest destiny.
Nano remains a cautionary tale of misplaced ambitions and a drag on profit.
'Unity in diversity is a dated notion as India, today, is more unified and cohesive and yet more pronouncedly diverse than ever in its history,' argues Shekhar Gupta.
A summary of sports events and persons who made news on Friday.
'The default by the State or its agents in terms of deprivation, exclusion and discrimination (including failure to provide security) is to be corrected by the State; this needs to be done at the earliest and appropriate instruments developed for it.'
'After a strategic pause though, Beijing will revive its policy of slowly creeping towards acquiring sovereignty over the South China Sea.'
How did a small-time businessman from Hyderabad come to mastermind the kidney racket?
Kidney scouts roam around the labour markets in the poorest districts of Bihar, West Bengal, Uttar Pradesh, Tamil Nadu and Delhi in search of potential donors.
An array of Olympians and stars of sports niche and new arrive in the South Korean city of Incheon for the 17th Asian Games this month, bringing together some 10,000 athletes for a 16-day multi-sport spectacular second only in scale to the Summer Olympics.
China's devaluation creates new risk in global financial markets and could prolong the West's slowdown.
RBI is unlikely to stem the slide against the dollar as the greenback is rising rapidly against all currencies in the world.
Non-uniform definition of control makes foreign investors wary, raise corporate governance issues.
There are conflicting signs on India's investment cycle.
India'sstartups have a good beginning but will they survive competition is a big questions which needs immediate attention.
'Happily,' says Ambassador B S Prakash, 'BRICS displayed new-found energy and built something real, a bank. Between needless nihilism and as yet unjustified euphoria, there are many stations for the BRICS train and we can watch its progress with renewed interest.'
The corporate sector does not care from where the money is coming.
Despite the rally, on the basis of valuations, Indian markets aren't too expensive, says Christopher Wood, managing director and equity strategist at CLSA.
Coal industry expert Sunjoy Joshi tells Sheela Bhatt/Rediff.com that the NDA's e-auction of coal blocks will not solve the fundamental problems that dog the industry.
The city readies itself for the biggest economic, political and social event of the year
Practo is an online health service platform which assists patients to meet the best doctors and keeps digital records.
With China and Bangladesh losing their edge, textile exports from Tirupur are rising once again, turning the city into a job magnet.
'We know many things are going to happen.' 'People should be preparing for sea level rise, for increased cyclonic activity, for drought.' 'One reason I wrote the book is to alert people to the dangers that they face.' 'For example, Mumbai faces enormous threat.'
'The use of nuclear/biological/chemical weapons by Islamic terrorists is just a matter of time.' 'It must be clearly understood what the world faces is a global level insurgency against the world order.' 'Terrorism is merely a tactic and Islamic State its most brutal face, says Colonel Anil A Athale (retd).
Deepak Parekh, chairman of Housing Development Finance Corporation (HDFC), India's largest mortgage lender, says the exuberance in industry about the new government is justified but big ideas articulated by the prime minister need speedy implementation.
Pushing a barrel of oil back to around $100 would require a reduction of production of about two million barrels a day - a cut that would fall predominantly on Saudi Arabia.
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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.
'There is nothing wrong in accepting Rama as a God.' 'You will not get to read a story as deep as Valmiki's Ramayana in which he talks about complex relations, strong emotions, pain, desertion and unconditional love. Whether you depict Rama as a human being or a divine person, the Ramayana is an epic with a great human story.' 'It is not religious intolerance at all; this is part of political power and polarisation. A religious person will never act intolerant towards another religion.'
