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Four hurdles to Telangana creation

Any decision to create a separate state of Telangana needs to consider four issues – Article 371 D of the constitution, the status of Hyderabad, sharing of water and gas resources and the question of strategic establishments, according to a

India Inc hums the blues as Rajan goes for another rate hike

Reserve Bank of India governor Raghuram Rajan has maintained a hawkish stance as he hiked interest rate to 7.75 percent while announcing his second monetary policy review on Tuesday. The rate hike, second in two months, comes as the econom

Mayaram panel suggests doing away with spot exchanges

In the wake of the Rs 5,600 crore payment crisis at National Stock Exchange (NSEL), the Arvind Mayaram led special team has recommended doing away with spot exchanges at least till the time a proper regulatory framework is created for their operat

Modi makes the right noises in bomb-scarred Patna

A loud bang rang out just behind the press enclosure around 10.30 am on Sunday at Patna`s Gandhi Maidan. I had heard many explosions of improvised explosive devices (IEDs) while covering Punjab terrorism in Uttar Pradesh`s Terai region and insurgency

Give cash, take cheque! Parties spent over Rs 136 cr in 2008 state polls

In all, political parties spent Rs 136.88 crore as campaigning-related expenses for the 2008 assembly elections in Madhya Pradesh, Delhi, Chhattisgarh, Mizoram, Rajasthan and Jammu and Kashmir, according to a statement issued by election watchdog ADR

Fraud in Indian companies rising, says report

Indian companies operate in a high corruption environment adopting different methods to dupe investors and government agencies, a study has revealed. According to Kroll’s Global Fraud Report for 2013-14, 69 percent of Indian companies report

After Phailin, floods wreak havoc in Odisha; locals say no admin help this time

Still struggling from the lashing received at the hands of cyclone Phalin on the evening of October 12, several villagers of Ganjam district are having to deal with a second blow in less than a fortnight as fresh flooding due to heavy rain and a spat

Desai has no licence to practice, but set to head MCI again!

Ketan Desai, a urologist from Ahmedabad who was once removed from the medical council of India (MCI) on corruption charges and continues to face a series of charge-sheets, is all set to return as head of the MCI next month. The stage has b

Democracy`s flabby middle

No, this is not about Modi`s expanding girth. It`s about how archaic are our systems for "group think" on public affairs. It is not only about having to elect an MP, an MLA or a councilor to represent us. “Group think” systems are

NDTV`s royal snub to shahzada says it

All I set out to do was to tweet on which news channel was showing Hunkaar Rally of Narendra Modi in Patna, and who, instead, saw more TRP in Rahul Gandhi descending on Mangolpuri in New Delhi. (I was also interested to know if Modi will use the �

Does axe for inefficiency mean death of the permanent babu?

Whatever we might know or not know about our bureaucracy and its working, this much is pretty well known: once an IAS officer, always an IAS officer. From probation until retirement and beyond, IAS officers enjoy the certitude of office and increm

Now nation awaits Baba to call off PM`s CHOGM trip!

The Chief Minister of Tamil Nadu, J Jayalalithaa tabled a resolution in the state Assembly calling on New Delhi to boycott next month`s Commonwealth summit in Sri Lanka. The mercurial chief minister has been pushing Manmohan Singh to boyco

On Pak front, time to talk tough now

As BJP and its prime ministerial candidate Narendra Modi take the Congress over its government’s purported kid-glove treatment of terror in the run-up to elections, especially of the variety emanating from Pakistan, the autumn in the calendar ye

Are Manmohan`s Russia, China trips UPA`s diplomatic policy swansong?

As he boarded the flight back to New Delhi after what could be his last foreign trip as the prime minister, Manmohan Singh could well be right if he felt a sense of achievement. Pilloried at home for multiple scams and what the opposition calls �

Capital break-up for PSBs announced, SBI bags biggest share

The government announced on Wednesday the amount of capital to be infused in twenty public sector banks out of the total budgeted figure of Rs 14,000 crore through preferential allotment. The highest capital of Rs 2,000 crore has been given to the

More than mere gloves and caps

A welfare board, better working conditions and fixed working hours were some of the suggestions made by Onkar Sharma, regional labour commissioner in the ministry of labour, to safeguard the rights of the workers in the waste management industry.

JAC a welcome change but there is room for improvement

Change is inevitable, governments change, trends change, one system makes way for another, and it could be for the better or worse. Nevertheless, change is constant and if it is in a positive direction it should be welcomed. Very soon the collegiu

RBI seeks more info from banking licence applicants

Inching a step ahead in the screening of applications for banking licences, the reserve bank of India (RBI) has asked the applicants to submit additional information by next week. It has also approached other regulators including the securities an

Govt expects to raise Rs 4,200 crore through NHPC buyback

The investment bankers are expecting the buyback price of National Hydroelectric Power Corp`s (NHPC) to be set in the range of Rs 30-36 a share, a hefty premium of 52-80% to the current market price. This could help the government raise at least R

Shale gas exploration by ONGC, OIL

The ministry of petroleum and natural gas has finalised policy guidelines on exploration and exploitation of shale gas and oil by state-owned oil companies. Based on this, Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL) would take u

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