Business/Economy
'GM' need not be a dirty word - Pioneer
The popular backlash to genetically modified crops ignores the fact that the ability to add value to agricultural produce is part of our economic history. Not adopting agricultural biotechnology, and risking food shortages in the near future, is an unsustainable proposition.
Obama visit to bring Make In India tidings - Biswajit Choudhury, IANS
New Delhi, Jan 21 - Happening like a quick follow-up to Prime Minister Narendra Modi's November US visit that secured its corporate commitments of $41 billion in India, President Barack Obama's visit later this week is expected to result in major announcements on the Make In India front, informed sources said.
Teaching through a Digital India - Rohit Aggarwal, Pioneer
The Narendra Modi Government’s Rs100 crore commitment towards establishing Live Virtual Classrooms and Massive Online Open Courses is a testament to the potential that the concept holds. At a time when the Prime Minister’s call for ‘Make in India’ is resonating across the globe, LVCs presents the country with the opportunity to invite students from abroad to ‘study in India’ via the internet.
3G spectrum: Telecom panel ignores Trai, sets high base price - Shauvik Ghosh, Mint
The Telecom Commission, the nation’s top telecom policy decision-making body, has set Rs.3,705 crore as the minimum price for a megahertz (MHz) of 3G spectrum for the proposed February auction, rejecting the recommendations of the telecom regulator to keep it lower as the government seeks to raise additional revenue to meet its budget deficit target.
For the farmers - Indian Express
The Centre is reportedly considering decontrol of urea over a period of three years, at the end of which retail prices would be totally market-determined, with farmers getting a fixed per-bag subsidy to be credited directly to their bank accounts. If this happens, it will probably be the most politically challenging economic reform the Narendra Modi government undertakes.
Our banks should come together overseas - S Ravi, Business Line
Even as bankers are busy debating various models for bank consolidation in India, the time has come for Indian banks operating in some of the developed markets, especially in the UK, to realign their structure, business model and resolution planning in overseas territories.
India-US CEO forum to set agenda for economic ties - Amiti Sen, Business Line
Top CEOs from India and the US, including the Tata Group’s Cyrus Mistry, Reliance Industries’ Mukesh Ambani and Honeywell’s David Cote, are scheduled to meet on January 26 during US President Barack Obama’s official visit to New Delhi. Together they will set the economic agenda for bilateral cooperation.
Bloated Maharaja goes on strict diet - Mail Today
With the new government mounting pressure on the Air India (AI) management to turnaround the loss-making airline, the national carrier has decided to go in for urgent cost-cutting. The AI management has announced a 10-per cent cut in allowances for its staff for travel and telephone bills, abolition of posts from non-operational areas and scrapping of flights on chronic loss-making routes.
Can white knight Ajay Singh save the airline? - Pioneer
With SpiceJet's original promoter Ajay Singh returning to the helm of affairs at the beleaguered airline and taking over management control, there is hope that the low-cost air service will not fold up. Mr Singh has acquired a 53 per cent stake in the cash-strapped airline from the Maran family, and subject to the deal's approval by the Government, SpiceJet may just get a fresh lease of life.
Cyber attack, a looming business - KP Shashidharan, Pioneer
Research estimates that in 2015, there would be more havoc-creating cyber terrorism. It is important to adopt adequate measures for timely detection, deterrence and preventive inspection to protect all vulnerable key devices. As we get more and more addicted to the information highway, Internet and mobile apps, cyber threat and security issues loom significantly.
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