Prime minister Manmohan Singh on Saturday broke his silence and defended his role in the coal block allocations. “The prime minister is satisfied that the final decision taken in this regard was entirely appropriate and is based on
In one-day cricket parlance, it was going all according to the script for the Congress: a big-ticket announcement to get on with the initial overs ahead of a much-discussed election, a bit of procrastination to amble by during the slow middle over
You know your age has passed the halfway house and it is all downhill from now on when: * People tell you to take it easy, slow down, you are not getting any younger, lean back a bit – and you hate them for saying it. Everyone
Reserve Bank of India governor Raghuram Rajan, on Saturday, launched the revamped real time gross settlement (RTGS) system to facilitate real-time settlements of payments online. The governor is hopeful that the new system would enhance efficiency
A future historian of Indian business may well mark the current phase – the first decade of the century, or the time of UPA-II regime – as a critical juncture when old-fashioned corporate houses finally decided to put their respectabil
Across the world, every year 60mn young girls become brides before they are old enough to understand marriage and related responsibilities. Of this disturbingly large number, 1/3rd are from India. While we&
That bureaucrats face political pressure has been acknolwedged by none other than president Pranab Mukherjee. Adressing IAS officers at Lal Bahadur Shastri National Academy of Administration (LBSNAA) at Mussorrie today he said civil servants shoul
The industry chamber, CII, has expressed concern over action against respected and reputed individuals by CBI. It said that it should be ensured that atmosphere of fear is not created. Reacting strongly to the case being registered by the
Hong Kong and Shanghai Banking Corporation (HSBC) which announced the shutting down of its retail broking and depository business in India has given customers a notice period till December to transfer securities lying in their de-mat accounts to o
Following the passage of the new Companies Act, the securities and exchange board of India (Sebi) is looking to incorporate its provisions in the Sebi Act so as to enhance the corporate governance practices in listed companies. According
As the government mandates sale of LPG cylinders at market prices across the country in a phased manner, it has put the responsibility of availing cash subsidy on consumers. A consumer will have to provide her Aadhaar number to oil marketing compa
Survey is flavour of the season, and everyone’s doing it, I am told by news channels and newspapers. Being the copycat I decided to copy-paste the idea and do a survey of my own. The survey sample included everyone from my neighbourhood, bar
Giving a glimpse of his to-do list if he becomes the prime minister, Gujarat chief minister and BJP’s prime ministerial candidate Narendta Modi has said he wants to see Indian cities free of manual scavenging by 2019, the 150th birth anniver
Sonia Ghat, the pseudo memorial for the AICC president Sonia Gandhi built in protest against the Telangana decision, is becoming the cause for a major tussle between Congress and the Telugu Desham Party (TDP) in the temple town of Tirupati.
The Air India board has approved the sale of five Boeing 777-200 LRs to Abu Dhabi-based Etihad Airways. The transaction is likely to fetch around $350 million (Rs 2,100 crore) to the airline. The proposal will now require clearance from the union
Bharat Sanchar Nigam Ltd (BSNL) will soon invite bids from private players for managing its IT network. The public sector undertaking is finalising the tender estimated to be worth $700 million spread over 10 years. The selected partner will take
Phailin might have turned out to be tamer than the 1999 ‘super cyclone’ and the Odisha government is, rightly, collecting kudos for its commendable evacuation effort and keeping the casualties minimum, but chief minister Naveen Patnaik
The coal secretary from 2006 to 2009, HC Gupta, begins his deposition before the Central Bureau of Investigation (CBI) on Thursday. TKA Nair, the prime minster’s erstwhile principal secretary and now his advisor, is expected to be probed as
Communist Party of India (CPI) national secretary D Raja has urged prime minister Manmohan Singh to not privatise Air India and the airports at Chennai and Kolkata. In his letter to the prime minister, Raja said, "Such proposals conve
If the Met department says it’s going to be a bright sunny day, make sure you carry an umbrella. Or so went the jibe against the Indian Meteorology Department (IMD), often ridiculed for its wrong weather predictions. Not any more.
