The fact that the US dollar has become the world's preferred reserve currency is now the core of global financial crisis, says Mohan Guruswamy.
Deal to bolster firm's position in healthcare IT.
The annual talk-fest of rich and powerful from across the world in snow-laden Alpine resort town of Davos will be attended by nearly 40 heads of government among more than 2,500 global leaders from over 100 countries.
'The sadhus and sanyasis of UP are not for any economics.' 'They only know the religious agenda and the RSS will support them.' 'Modi does not have full control of the party at the ground level like Indira Gandhi had.'
Economist S Janakarajan, in an interview to Shobha Warrier/Rediff.com warns that without proper infrastructure, India will never be able to build a market economy.
Most juvenile remand homes are in appalling condition and need a massive overhaul. But whether redrafting the law will bring down juvenile crime is the moot question. What is required better remand homes, more specialised care rather than to expose young people to the trauma and stigma of adult jails, says Rashme Sehgal.
The finance minister is "reasonably confident" that when it comes to the crunch, "it would be extremely difficult even for the Congress party to take a contrarian view" on the GST Bill.
Most adult Indians should have access to bank deposits, credit and remittance facilities as well as insurance and mutual fund products in the next decade, and technology will play a big role in this transformation, says Tamal Bandyopadhyay.
Inflow of more funds is likely to widen the reach of insurance and drive M&A activities in the sector where growth has stalled.
The government is by far the largest employer; job security is guaranteed for government employees, and their wages are set through once-in-10-year Pay Commission.
Saudi Arabia's Saudi King Abdullah bin Abdulaziz died on Friday and his half-brother Salman took over reigns of the world's top oil exporting nation in a smooth transition of power, calling for "unity and solidarity" among Muslims.
Elaborating on America and India's scope of engagement, Kerry said he has seen first-hand the transformation in Indo-US relationship as well as the ups and downs in the relationship. Kerry says the world's oldest and largest democracy were "finally beginning to captalise on our connections to each other." Sheela Bhatt/Rediff.com reports after the media interaction with the US secretary of state.
An excerpt from Conde Nast India's Make In India magazine.
The finance ministry has put out a revised draft in public domain.
Prime Minister Narendra Modi has made his debut among the world's most powerful people, ranked 15th on the Forbes list topped by Russian President Vladimir Putin who pipped his US counterpart Barack Obama for a second year in a row.
'The book has immense value because it reveals the inner workings of the think-tank which appears to provide facts and insights to Modi, though he himself takes the final decisions and articulates them in his characteristic rhetorical style,' says Ambassador T P Sreenivasan.
'Pay-for-delay' settlements between drug patent-holders and generics manufacturers to delay the launch of cheaper generic medicine are increasingly being scrutinised by antitrust regulators
If nothing is done, the country is set to become 83 per cent energy-import-dependent by 2040.
'He was an embodiment of old school courtesy and grace. It was embarrassing when he would insist on receiving and seeing off guests at the gate of his house! A trait he shared with another of great soldiers of India, Sam Manekshaw!' remembers Colonel Anil A Athale (retd).
'Young IFS officers today would take it for granted that they represent a major country with strengths and capabilities.' 'They will be aware that India is seen as one of the 10 significant countries in the world and therefore their voice will be heard whether on climate change or regime change,' says Ambassador B S Prakash.
'Naik is an outcome of an image-centric Islam, which is linked to the technological changes introduced by new media.' 'English educated upper middle class Muslims embraced Naik's image-centric Islam in the 1990s.' 'Television converted him into a religious object.'
Sahil Kapoor of Edelweiss Retail Capital Market Research says that setting up a monetary policy committee should have been the first step. And the central bank could have moved towards a formal inflation targeting mechanism after the processes and data sets are in place.
Prime Minister Narendra Modi on Thursday address Members of the British Parliament in London where he promised to open more doors of cooperation between the two countries and delved on issues like terrorism and United Nations reforms.
'Demonetisation, is in principal, a mistake, because it involves a theft -- a taking of private property by the State.' 'It is one of those bad Indian ideas that has been tried twice in the past, with two failures for the record books.' 'This cloud over the economy will probably remain as long as Modi is in power.'
Several factors seem to have corrected in India in the past six months, says the president of New Development Bank.
'What we have heard from the Sri Lankans is their desire to have a foreign policy that allows Sri Lanka to best advance its own interests rather than a foreign policy that relied solely on one relationship.' 'We think this is an attitude that makes a lot of sense. India and Sri Lanka have many areas of shared interests, and it's certainly welcomed by us to see that deepening of those ties.'
Most yoga teachers are not driven towards popular acclaim or fame. But Bellur Krishnamachar Sunderaraja Iyengar was goaded by the challenge to prove himself to all those who had dismissed him as a madcap yogi in the early days, and by a burning need to make yoga available to all.
Arvind Subramanian talks about US and China's power play and where India figures in these dynamics.
Chennai Super Kings and Rajasthan Royals were suspended from the Indian Premier League for two years for betting activities of their key officials, Gurunath Meiyappan and Raj Kundra, during the 2013 season of cash-rich Twenty20 cricket tournament.
