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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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Saradha: Define the scam correctly first -
Pratip Kar, Business Standard
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Why India should reward honest, rich taxpayers -
Charan Singh, Economic Times
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CBI alleges ‘illegalities' in allocation, accuses coal min of non-cooperation -
Utkarsh Anand, Financial Express
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Dealing with digital dividend -
RRN Prasad, Indian Express
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India losing competitiveness -
Niranjan Rajadhyaksha, Mint
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Rajan urges approval of insurance Bill -
Asit Ranjan Mishra, Mint
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India may grow at 6.1% this fiscal: World Bank -
Remya Nair, Mint
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Is SMS Dead? -
Rohit Bansal, Pioneer
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The curious case of 5,984 Kalawatis in Sahara list -
Appu Esthose Suresh, Indian Express
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Will Unilever's offer to raise stake in HUL mark the start of the end of equity culture? -
Shaji Vikaraman, Economic Times
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Chit funds’ affairs with sports, films face probe -
Ashish Sinha, Financial Express
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A hydel boom runs dry -
M Rajshekhar, Economic Times
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Failing the urbanization test -
Elizabeth Roche, Liz Mathew & Shamsheer Yousaf, Mint
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839 FM channels to come up in 294 small cities -
Himanshi Dhawan & Nitin Sethi, Times of India
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China's rebalancing act -
Ila Patnaik, Indian Express
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Seeking coal comfort -
Ashok Malik, Times of India
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Govt's anti-black money dept left toothless -
pradeep thakur, Times of India
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India Inc short on sales, long on profits -
Krishna Kant, Business Standard
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Imports from Pak touch $500-m mark for 1st time -
Kirtika Suneja, Financial Express
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India seeks to benefit from Afghanistan reconstruction -
Huma Siddiqui, Financial Express
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In the ‘pharmacy of the world’ -
PT Jyothi datta, Business Line
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Fate of key economic Bills hangs in the balance -
Shishir Sinha, Business Line
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Cos with captive coal mines may be allowed to produce & sell surplus -
Subhash Narayan, Arun S, Financial Express
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IMD forecasts normal monsoon at 98% of long period average -
P Sunderarajan, Hindu
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'History-sheeters, shady builders running channels' -
Times of India
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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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