Payment banks may not be viable option to attain financial inclusion.
Abhishek Agarwal takes a controversial view on how our dreams are being mortgaged by EMIs we keep paying month after month.
'This is going to be an opportunity to hear from the prime minister of the new India and the progress made in the last two years of the growing cooperation between the US and India in several areas, including areas that would have seemed implausible a few years ago.' US Congressman Ed Royce, who led the campaign to have Prime Minister Modi address a joint session of Congress, speaks to Aziz Haniffa/Rediff.com in an exclusive interview.
India has undermined its own credibility.
It is pegged at 6.8-8% by various economists, as compared to 6.7%.
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
After one year in power, Prime Minister Narendra Modi is pretty much on the back foot, even if he continues to display bravado in his public pronouncements. He knows within his heart that he has wasted a lot of his political capital without getting much in return, says M K Venu.
Defence ministry incompetence hobbles development of battle-taxis for the Indian Army.
'Alas, in this scheme there is nothing to stop the black money flows of the future.' 'On the contrary Modi has sown the seeds of more, through the issue of Rs 2,000 notes.' 'But have you heard one politician decrying this aspect of the scheme?' 'They must be secretly rejoicing that while Modi is taking away their past, he has not shut the door on their future,' says banker S Muralidharan.
Adani Enterprises plans to invest a total of $25 billion in the next five years.
A summary of Ranji Trophy matches played on the fourth and final day on Tuesday.
'If standing in a bank or ATM line is a test of patriotism, why is not a single leader standing in that queue too?'
Aseem Chhabra tell us how he watched 302 films in 365 days on airplanes, on Netflix, Amazon, iTunes, Google, Hulu, DVDs and even on YouTube.
Re-instatement of 5% custom duty on crude imports will help.
The government is somehow convinced that selective low-rate lending will stimulate demand and accelerate economic growth that plunged to a four-year low of 4.4 per cent in the first three months of 2013-14.
Sunil Bharti Mittal, bottom, left, says he is fond of Bill Gates' famous quote: "Success is a lousy teacher." Back from a long foreign business trip, the founder-chairman of Bharti Enterprises talks to Malini Bhupta and Kiran Rathee about the challenges posed by Reliance Jio and how he is determined to come out on top once again. Mittal says , today, Airtel is as ready as Jio in pure-play 4G operations.
Chartered accountant and commentator M R Venkatesh on why the GST Bill will cost the BJP dear.
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The catalyst is the run on emerging market equities, but many investors are just tired of waiting for India to get its act together.
After weighing all the costs and benefits, the next administration is likely to reduce and restructure assistance to Pakistan but not to end it altogether, says Daniel S Markey.
On the occasion of the first prime minister Jawaharlal Nehru's 125th birth anniversary, Sheela Bhatt/Rediff.com visits his residence of 16 years, and comes away marvelling at his enduring legacy.
Sachin Tendulkar's farewell speech.
President Pranab Mukherjee on Monday addressed the first joint sitting of Parliament as mandatorily required under the Constitution after the general elections. The address is the political, economic and foreign policy road map of the Narendra Modi government and covers virtually all crucial areas.
