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Business/Economy |
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Mutual funds give thumbs down to PSUs, cut stake -
Sandeep Singh, IE
Major public sector companies, once treasured for rich natural assets holdings, monopolies in certain businesses and a dominant presence in others, have gone out of favour with domestic mutual funds. Over the past 12 months, mutual funds have significantly pared their holdings in bluechip state-owned undertakings amid concern that the government is increasingly intervening in their business.
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How Bengal’s deposit-taking firms unravelled -
Aniek Paul, Mint
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India's sheikhs appeal -
Bodhisatva Ganguli, Economic Times
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Making Doordarshan work -
Vanita Kohli-Khandekar, Business Standard
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Cobrapost stings SBI, LIC, 21 other banks, insurers -
Business Standard
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SC clears Kudankulam plant, says it’s safe -
Utkarsh Anand, Indian Express
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How railway contractors & industry lobbies manipulate top rail appointments -
Mahendra Singh, Economic Times
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Growth pull, not MGNREGA push -
Ashok Gulati, Indian Express
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The oil and gold booms are over -
Ruchir Sharma, Bloomberg
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Why RBI should give up govt debt management -
Tamal Bandyopadhyay, Mint
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RBI move may deal a blow to gold jewellery business -
Dinesh Unnikrishnan & Joel Rebello, Mint
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India’s most innovative retailers -
Sapna Agarwal, Mint
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Govt's hiring policy rotten, no fix in sight -
Aloke Tikku, Hindustan Times
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IAF funds crunch to hit MMRCA deal -
Manu Pubby, Indian Express
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Whither Bengali enterprise? -
Harish Damodaran, Business Line
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Rangarajan panel's gas pricing formula in limbo -
Animesh Singh, Pioneer
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150% toll collected from unfinished E-way -
Deepak Kumar Jha, Pioneer
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Foreign investors betting big on Indian consumers -
Dev Chatterjee & Reghu Balakrishnan, Business Standard
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Why the India Story is intact -
C Rangarajan, Business Line
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Why Chidu and Subbu still can't see eye-to-eye -
R Jagannathan, Money Control
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The price of regulators' ignorance -
Debashis Basu, Business Standard
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How Vijay Singla rose to riches and ran the show for Pawan Bansal -
FirstPost
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Bribery, the ‘speed money’ that puts brakes on India’s retail growth -
FirstPost
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The app store battle -
V Sridhar & S R Raja, Business Standard
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Gujarat: The sunshine State -
Darshan Desai, Hindu
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India to develop Iranian port Chabahar -
Atul Aneja, Hindu
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Verbatim |
 There was for years an old "social contract" between politicians and business. This provided for complex rules and regulations that made it impossible to do business honestly in many fields. But it was possible to do business dishonestly, through pay-offs . Some called this "efficient corruption" : politicians took money and delivered clearances. However, the anti-corruption mood of the courts, and new fears of getting caught (like Pawan Bansal) have ended "efficient corruption" . Politicians may still take money but not deliver on clearances , what some call "inefficient corruption" that freezes investment and growth. The old social contract has broken down.
Swaminathan SA Aiyar |
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Split with Nitish will only boost BJP in Bihar -
K Balakrishnan, LensOnNews
WITH THE BJP seemingly decided on projecting Narendra Modi as its PM candidate and its close ally Nitish Kumar of JD(U) equally firm in his opposition to the idea, a split in the NDA alliance looks inevitable; most observers think it’s not a question of if, but when. |
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