Gyanendra Kumar Keshri New Delhi: A fierce debate is raging in cyberspace over the cost and benefit of foreign direct investment (FDI) in multi-brand retail as the Indian government has once again begun working for its rollout as a ‘must do’ economic reform. And most say there is enough room for global giants like Walmart [...]
New Delhi: Concerned over declining performance of the manufacturing sector, Finance Minister P Chidambaram today said quick decisions were needed to remove bottlenecks hampering investments. “Of course the decline of fixed investment is a source of concern to the government. It emphasises once again the need to take quick decisions to accelerate investment, especially removing [...]
New Delhi: Terming the 5.5 per cent GDP growth as “good news”, Planning Commission Deputy Chairman Montek Singh Ahluwalia today expressed confidence that economy would rebound in subsequent quarters. “The good news is that the quarterly growth rate has gone up from the 5.3 per cent in the last quarter (January-March) of previous financial year [...]
The applicant needs to be prepared with a long list of documents and should not count on the sales team to help. Money Matters Nupur Pavan Bang My recently married cousin, Abhi, was contemplating buying a home. After putting all his savings together, he was still short of around Rs.20 lakh to buy the house [...]
New Delhi: The Indian economy grew at a much lower pace of 5.5 percent in the first quarter of this fiscal, as per official estimates of the country’s gross domestic product (GDP) released Friday, against 8 percent in the like period of 2011-12. The drop was mainly on account of a mere 0.2 percent growth [...]
New Delhi: In a major setback to the Sahara Group, the Supreme Court today directed two of its companies to refund around Rs 17,400 crore to their investors within three months with 15 per cent interest. A bench of justices K S Radhakrishnan and J S Khehar directed SEBI to take action against the companies, Sahara India Real Estate Corporation [...]
India’s internet population will reach 250 million from current 130 million in next two years which will increase the number of online shoppers. Growth of e-commerce did not limit to mega stores (horizontal stores) like Flipkart and Futurebazaar but also to specialised stores (vertical stores) in the market which offer products from toys to baby [...]
Rents and capital values remained stable, except for projects that were in their final stages of completion. Residential sales remained subdued in the City in July, as people in Andhra Pradesh mostly do not invest in property during the Indian month called Aashadam. There were also no new launches over last month. Rents and capital [...]
Washington: Trade between India and the US has increased by 40 per cent since the launch of India-US Strategic Dialogue by the Obama Administration three years ago and could cross the $100 billion mark this year, a senior administration official said. The elevation of India-US relationship to that of a strategic dialogue in 2009 has [...]
The business idea is to develop teamwork, adaptability, leadership skills and problem solving capabilities of students in the most engaging way. Anyone who has never made a mistake has never tried anything new, said Albert Einstein. But our education system always wants the student to be right at any cost. Committing a mistake for a [...]
It’s David vs Goliath as Rajasthan take on Mumbai’s might
Kolkata: They have shown remarkable fighting spirit despite the demoralising spot-fixing scandal and the Rajasthan Royals will now look to upstage the mighty Mumbai Indians in the second qualifier here tomorrow to book, what would be, a dream final berth in the Pepsi IPL. On paper, Mumbai Indians may appear stronger but Rajasthan will be [...]
21 lawmakers back Chandigarh-born as top US judge
Washington: Ahead of an expected Senate vote on the nomination of Chandigarh-born Indian-American legal luminary Srikanth ‘Sri’ Srinivasan to a top US court, 21 lawmakers have penned their support for him. Srinivasan, 46, currently principal deputy solicitor general of the US last week won unanimous approval from the Senate Judiciary Committee for his nomination as [...]
It was like bereavement: Dravid on spot-fixing
New Delhi: Rajasthan Royals skipper Rahul Dravid says dealing with the turmoil caused by the spot-fixing scandal, which has left his team’s reputation in tatters, has turned out to be as tough as handling “bereavement in some ways”. “I would not lie it was a very tough phase for us. It was a blow to [...]
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Reporter’s diary: Waste not flowers
A flower is most beautiful when it is in the garden, like a deer or a lamb seen in its natural habitat. If this wisdom is known to the mayor and the GHMC, they would not have wasted several hundred lovely flowers at the function declaring the GHMC’s plan to open 14 biodiversity parks on [...]
Reporter’s diary: Bravo, Naidu
TDP leader Chandrababu Naidu is a visionary. Few will doubt this considering what he did to give Hyderabad a modern face, and many of his welfare schemes are now implemented (of course, renamed after Rajiv Gandhi or Indira Gandhi). But many could not understand his logic of asking for a ban of `500 and `1,000 [...]
Reporter’s diary: Who’s this footloose at CCS?
For some time now, staff in the powerful central crime station are being cowed down by a sada home guard who is said to be close to a senior IPS officer. CCS staff whisper that he is the eyes and ears of the officer and therefore gets a free run. Recently, when three ruffians who [...]
Reporter’s diary: Jubilee Hills show
Talking of thick skinned civic officials, one could take a look at the picture above. Here the building contractors of the rich and the mighty make insulting gestures at law and the GHMC. It seems to say, “Right to walk? Forsooth! Building rules? My Right Foot!”
Reporter’s diary: GHMC, practice what you preach
So the GHMC preaches about how cleanliness is next to godliness and has all sorts of clean and green quotes in every other corner of its office and parks. But if you walk into the head office, you’ll wonder what stops the staff from practicing what they preach. The entire office is permeated with the [...]
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