The Financial Express: May 16, 2013 at 0122 hrsWhile the government takes a call on whether or not it has R21,000 crore to give BSNL for a one-time VRS for around a lakh employees along with sundry other concessions adding up to several more thousand crore rupees, it also needs to take a hard look at the larger costs of the favouritism shown to PSUs like BSNL.
May 16, 2013 at 0124 hrsHarsh Mariwala, the CMD of Marico, hit the nail on the head when he said whistle-blowing hasn’t taken off in India because employees aren’t confident their identities will be kept confidential
Shobhana Subramanian: May 15, 2013 at 0310 hrsThere’s the story of how Arun Gandhi, the veteran M&A strategist for the Tata Group, actually hand-delivered the winning bid for Corus because the computer packed up.
May 15, 2013 at 0318 hrsThe dramatic 138% year-on-year surge in gold imports in April may well be an aberration as senior government official have said, but it could also lead to further demand-crushing measures like an increase in import duties—on Monday, RBI put fresh curbs on imports and, in January, import duties were hiked from 2% to 6%.
May 15, 2013 at 0319 hrsWhen the I&B ministry puts out an advertisement saying that, thanks to the MGNREGA programme, erstwhile bonded labour have been saved from the clutches of rich landlords, you begin to worry a bit.
May 14, 2013 at 0033 hrsGiven the hardening political equations, the chances of the government being able to implement one of India’s biggest tax reforms—the goods and services tax (GST)—before the elections look difficult.
Kavita Rao: May 14, 2013 at 0017 hrsThe differential treatment of general category states and special category states in the treatment of normal plan assistance has raised demands by a number of states such as Bihar, Orissa and Jharkhand to be included in this category.
May 14, 2013 at 0035 hrsAlthough the share of rural credit provided by informal financiers may have come down sharply over the years—69.7% in 1951 to 29.6% in 2002 and possibly even further now—two-fifths of rural households still depend on such sources.
May 14, 2013 at 0036 hrsMidway into the first half during Manchester United’s home game against Swansea City, it started to drizzle at Old Trafford. It seemed as if the soccer Gods too were mourning the end of the Sir Alex Ferguson era.
May 14, 2013 at 0031 hrsAfter Narendra Modi’s recent strong speeches stressing the importance of good governance and appropriate development projects to put India under growth path, there have been sporadic criticisms that Modi’s claim about Gujarat’s progress is exaggerated.