Finance minister tries to put house in order before reforms are unveiled in February.
'We did not know we would one day dominate nearly 70 per cent of the market.' 'Today, of 100 diamonds available for trade in Antwerp, 93 are cut and polished in India.' A fascinating excerpt from Shantanu Guha Ray's The Diamond Trail: How India Rose To Global Domination.
The 36-year-old desi speaks impeccable Arabic and quotes freely from the Quran during his speeches, reports Aziz Haniffa.
HSBC maintained "overweight" rating on Indian equities, saying "fundamentals are strong".
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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.
'If Mr Modi continues growing as a Hindu Hriday Samrat, better that it is done by restoring ancient temples than demolishing medieval mosques,' says Shekhar Gupta.
'The separatist resurgence in Balochistan is thwarting Pakistan's plans to build CPEC projects to optimally utilise Balochistan's energy reserves,' points out Brigadier Gurmeet Kanwal (retd).
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
A rate cut could stimulate demand and help revive industrial activity, without much risk of sparking off inflation again.
The complaint alleges that Thakur misused his position as IG and both, he and his wife, possessed properties disproportionate to their income.
While the Congress has found success in scoring over the BJP on Twitter and Facebook, it has failed to match the Sangh Parivar's finesse at utilizing WhatsApp as its primary medium to send its message across to the Karnataka electorate, reports Archis Mohan.
Army on Friday handed over about 37 acres of demined farmland to the villagers in the Akhnoor belt along the Line of Control in the Jammu district.
The board rejected the government's plea to extend his detention for another 3 months.
Why did such a 'socially conscientious' people adapt to cash-for-votes and the like, as fish to water? N Sathiya Moorthy offers an explanation.
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Markets ended flat on Tuesday, amid a volatile trading session, as investors exercised caution ahead of the two-day FOMC meet starting today and Reserve Bank of India's monetary policy later this week.
Most employment surveys suffer from drawbacks such as limited data coverage, infrequent data collection, and time lag
The truth is that few ministries in the Modi sarkar are working on new and updated legislation of any kind.
Modi government has to come up with a robust economic agenda to impress the masses.
Rishabh Lawania's three tips for success: 1. Innovate. 2. Fail fast. 3. Always see ahead of time.
'I see liberal men shocked at the flood of #MeToo on their timelines, men who rail against these terrible things, but who haven't had the slightest idea how many of their friends and family have suffered under their noses, nor how much,' says Mitali Saran.
Some 74 projects from Odisha and another 51 projects from Chhattisgarh have lined up before the Project Monitoring Group.
'By God's grace, everything is okay and we are back as friends.'
Observing that amazing things have happened over the last 10 years, the former US President Barack Obama on Friday said that all this could be accomplished because of the hope and believe that his country had in him.
Ahead of the assembly elections next year, the BJP has been wallowing in a welter of ideas that has resurrected the debate on populism versus pragmatism, as it has to pander to two important but incompatible constituencies, of the freebie consuming masses and Bengaluru's heavy hitters craving for even roads, pristine lakes and unbroken power supply, reports Radhika Ramaseshan.
'Concerns about India's future are hampering private investment.' 'If the private sector sees strategy, teams and execution on these issues, this will inspire confidence in India.' 'This should be our main strategy for 2017,' says Ajay Shah.
Cashless transactions need ubiquitous connectivity, which we don't have. And connectivity needs political and administrative convergence, says Shyam Ponappa.
India said its economy grew 7.3 percent in the October-December quarter.
Richie Benaud, Australia's celebrated former cricket captain and commentator, died on Thursday at the age of 84. Here are a selection of quotes from the man who came to be known as the 'voice of cricket' during a 40-year career behind the microphone.
'It seemed it was more than an anti-incumbency vote; it was an outright rejection of the BJP by the people after due deliberation and an expression of their disillusionment with Modi's leadership,' says B S Raghavan.
Growth in the third quarter (October-December) is expected to be the weakest in years, with spending hit due to unavailability of enough replacement currency.
'Local support is very important, without it the terror attack couldn't have taken place.' 'Explosives were secured, the IED was manufactured, the boy was brainwashed and converted into a suicide bomber... it takes a lot of planning and hard work.'
'What if this was my child?' 'My 3 year old, my 8 year old, my 17 year old?' Would I be insular, silent?' 'Would I protect those who I so actively protect now?' asks Preeti D'Mello.
Aligarh is a milestone in the history of Indian cinema that should start the much needed conversation about how India treats gays and lesbians, feels Aseem Chhabra.
'As the interest rates rise, people are going to say why should I be taking big risks when I can get 4 to 5 per cent in a bank account.' 'So, I think you have to change your thinking.' 'You need to look at the balance sheet, look at dividends.' 'These issues that have been ignored.'
The blast occurred when a huge pile of explosives kept inside a building went off.
The government has given up plans to reconvene a parliament session to secure approval for a common goods and services tax.
Gujarat is a flourshing state but its business model is not so well accepted at national level.
Bureaucrats heading disinvestment and financial services usually don't get appointed as finance secretary.
IMF, which has also lowered its global economic growth forecast for 2016 and 2017 by a marginal 0.1 per cent to 3.1 and 3.4 per cent respectively, recommended six 'reform priorities' for India
Overseas education consultant NNS Chandra offers advice on how to pick the right international career
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