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Business/Economy |
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Single brand retail FDI policy a flop, only one applicant so far -
Financial Express
Slowdown in government’s policy initiatives and the corresponding weak market response is evident from the fact that despite allowing upto 100% foreign direct investment (FDI) in single brand retail, so far only one applicant wants to avail the benefit. Also, no decision has been taken by the government on allowing 49% FDI in Indian carriers by foreign airlines while there is no forward movement on increasing FDI in defence from 26% to 49% or allowing FDI in multi-brand retail.
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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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Saradha-hit govt plans ordinance teeth for Sebi -
Subhomoy Bhattacharjee, Indian Express
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Jet-Etihad deal shows again why Naresh Goyal is the king of the policy jungle -
Javed Sayed, Economic Times
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A strange way to price gas -
M Ramesh, Business Line
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The flesh was weak -
Bhupesh Bhandari, Business Standard
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Posco plods along despite setbacks -
Dillip Satapathy, Business Standard
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Cheat fund: State failed, but so has centre -
Vinay Pandey, ET
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How the Jet-Etihad deal was struck -
PR Sanjai, Mint
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The answer to the CAD lies within -
Sajjid Z Chinoy, Financial Express
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Land lease is an idea whose time has come -
N C Saxena, Business Standard
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India should cut rates, take on Chinese goods: Roubini -
Ruchira Roy & Gayatri Nayak, Economic Times
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Rs 4,000 cr at stake, SEBI asks Bengal to probe five more chit fund companies -
Madhuparna Das, Indian Express
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Etihad picks up 24% stake in Jet Airways for Rs 2,050 cr -
Business Line
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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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