Exchange used new investors' money to pay returns to old ones, finds FMC's forensic audit.
Meet Anand Kumar, a government clerk who transformed into a real estate and hospitality baron.
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.
Dilip Bhat, joint managing director of the Prabhudas Lilladher group, a financial products agency, talks to Business Standard about the market rally ahead of the elections.
The government vowed to track down the main beneficiaries of the kickbacks so that "we can do" what "we could not do in Bofors
The shift to gross calorific value-based grading of coal aligned domestic prices with international benchmarks.
'What if Modi becomes the fascist the leftists paints him as? What if he does suspend the Constitution and declares himself the ruler, with support from the army? What exactly will you do, Mr Leftie?' asks Rajeev Srinivasan.
With GDP down by 2 per cent, while 99 per cent of banned notes make way back to the banking system, whom did demonetisation benefit?
When it comes wildlife, stock market investors can immediately identify with bulls and bears. But there are other animals in the stock market jungle too.
The top two in the government and in the Bharatiya Janata Party, Prime Minister Narendra Modi and party President Amit Shah, respectively, spent the day trying to hard sell not just the contentious land Bill but also how the Modi government stood for the welfare of farmers.
Rediff.com's Sheela Bhatt, who is accompanying Prime Minister Manmohan Singh on his trips to Russia and China, notes that Moscow and New Delhi work together professionally and via a shared common approach on crucial issues.
The Intelligence Bureau and the Research and Analysis Wing are at loggerheads with the Home Ministry for its proposal to allow international roaming for Pakistanis on Indian soil as they believe it will be misused. Vicky Nanjappa reports
Drones are of course, remotely controlled and modern ships are also chip-driven.
'She dwarfs every known politician of recent times with her imperious aura, iron will, tremendous drive, dauntless pursuit of goals she set before herself, ability to capture the people's imagination and unshakeable grip over her party and government,' says B S Raghavan, the distinguished civil servant.
During the Congress regime, India did witnessa slew of reforms which are now taken up by the Modi government too.
The Bharatiya Janata Party's hot saffronite swami is yoga teacher Ramdev.
'Forming cults around Lalus, Nitishes, Mulayams, Mayawatis and Mamatas will do as much harm to the Republic as the bhakti of the Hindus for Modi will do,' says Mohammad Sajjad.
Robert Vadra's land deals in a village in Haryana have returned to haunt the Congress party, with whistleblower IAS officer Ashok Khemka alleging that Vadra "falsified documents" for 3.53 acres of land in Gurgaon and "pocketed" a large premium on a commercial colony license.
'This country has become cynical, the country has lost hope. Prime Minister Narendra Modi is getting back hope in this country.' 'We are deconstructing the past which had corruption, inefficiency, policy paralysis, a tottering economy where investors had lost confidence, and people had become cynical. We are changing that, we are bringing confidence back to the people of India.'
Olga Tellis, a legend in Indian journalism, completes 50 years as a reporter this year. A no-nonsense journalist whom politicians and officialdom took on at their peril, Ms Tellis has always been known as a hard-as-nails scribe who would ferret out the truth at any cost.
'In this country of 1.2 billion, there may be a few Indians who might dislike Muslims and wish them ill. But the vast majority of Indians remain secular, no matter how grave Hindu-Muslim tensions,' says Amberish Kathewad Diwanji.
'Our countrymen should be made aware of the need to be polite and friendly to our African guests.' 'They should know the dictum, athithi devo bhava, whether they are black or white,' says Ambassador T P Sreenivasan, who once served as India's high commissioner to Kenya.
Something about the big car and its passengers, standing solemnly outside their vehicle, piqued the biker's interest.
'These are only passing clouds. The banking industry is a century-old industry and this is not the first time it is going through such a crisis.' 'When the economy revives, those companies that are in the infrastructure fields will also get revived.' 'After all, a lot of money has gone into creating assets like power projects and roads, so you can't say money has been wasted.'
In an interview with Rediff.com Puducherry CM spoke about his plans for the state, Rahul Gandhi and his daily friction with the lieutenant governor.
The BJP would seem just the sort of party that would embrace Aadhaar. Every other page of its manifesto makes some reference to changing governance in this country. So why is there no discernible difference in the positions of the BJP-led government towards Aadhaar and the dysfunctional approach of Chidambaram under the United Progressive Alliance, asks Rahul Jacob.
Prequel to take you where no Star Trek has gone before.
More, many market gurus expect the Sensex to reach 30,000 levels by December and 40,000-45,000 in three to four years.
Modi's tweets talk about the celebration of democracy and also puts emphasis on the education of girls, says Mayank Mishra
Kerala Chief Minister Oommen Chandy tells rediff.com's Shobha Warrier why the UPA lost in the general elections, the decline of the Left and what he expects from the Centre.
US regulator seeks Sebi's help in probing online Ponzi scheme run by duo under American names
The Modi government's array of economic policy has been impressive.
Daggubati Purandeswari is the only Union minister to have joined the BJP this election. 'Everybody knows Dr Manmohan Singh is a man of great integrity and I consider it an honour to have worked with him,' Purandeswari, the BJP candidate from Rajampeta, Andhra Pradesh, tells A Ganesh Nadar/Rediff.com
Contentious issues such as the construction of a Ram Temple in Ayodhya, abrogation of Art 370 giving special status to Jammu and Kashmir and enactment of Uniform Civil Code have been included in the Bharatiya Janata Party's election manifesto with the party making promises on them.
Accusing the United Progressive Alliance government of "heaping hardships on people," Tamil Nadu Chief Minister J Jayalalithaa flayed its "knee-jerk" reaction of increasing Foreign Direct Investment cap in different sectors and warned that its "insensitivity" towards people will take its toll soon.
If the AIADMK falls short of the 117-mark required to form a government in the 234-member assembly, will it strike a post-poll deal to form Tamil Nadu's first coalition government? N Sathiyamorthy analyses.
The former finance minister also criticised Prime Minister Narendra Modi over the words he chose to attack his predecessor Manmohan Singh, saying he should remember that the Chair he sat on was used by Pandit Jawaharlal Nehru and even Atal Bihari Vajpayee and hence he should use right language.
The government now ends its mandate with reaffirmation in the vote-on-account of the same goals, for which it claims to have a clear line of sight.
'The entire system acted as cheerleaders to Vijay Mallya. The RBI failed, the banks failed, the auditors of the banks and Mallya failed.'
The fiscal deficit of the Centre remains a worry, running at over 6.5 per cent of GDP in April-September 2014, mainly because of revenue shortfalls from exaggerated projections in the government's July Budget and despite the relief on subsidies from lower oil prices.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances