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Business/Economy |
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India bows to US pressure, cuts Iran oil import by 11% -
Sanjay Dutta & Sachin Parashar, ToI
Indian state-run refiners will import 11% less oil from Iran, the government told Parliament on Tuesday, a day when a US emissary arrived in a bid to wean New Delhi away from Teheran's fuel. "The target fixed for import of crude oil from Iran for 2012-13 is approximately 15.5 million tonne," minister of state for petroleum R P N Singh told the Upper House in a written reply. He said Indian refiners imported 18.5 million tonne crude from Iran in 2010-11 and 17.44 million tonne in 2011-12. India imports 80% of its oil requirement and about 12% of this comes from Iran. But refiners have been tying up alternative supplies ever since the RBI scrapped a regional arrangement in December, 2010, that made it difficult to route payments for Iranian oil.
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Rating the ‘raters’ -
Ramnath Pradeep, Business Line
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Madhya Pradesh goes the Gujarat way for power -
Jyoti Mukul, Business Standard
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Crossholding in same telecom circle may go -
Surajeet Das Gupta & Aditi Phadnis, Business Standard
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The argumentative economists -
Mihir S Sharma, Business Standard
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How the Indian economy is losing competitiveness -
Niranjan Rajadhyaksha, Mint
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Private universities: Creating another entry barrier -
TV Mohandas Pai, FE
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Procurement plunge casts shadow over food Bill -
Sandip Das, Financial Express
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Drug pricing order hits few, helps many -
Financial Express
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After telecom licences and coal blocks, will bank licences be the next cash cow for the UPA? -
Mythili Bhusnurmath, Economic Times
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National Pension System subscribers earn double digit return in 2012-13 -
ET
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HSBC signals 14,000 job cuts in $3-bn savings plan -
Business Standard
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Empty malls reflect the hollowness of India story -
Ravi Teja Sharma & Vijaya Rathore, Economic Times
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Manufacturing: Getting to the 25% mark -
Nirvikar Singh, Financial Express
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Oil price collusion would be a Libor-scale scandal -
Kevin Allison, Business Standard
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Global firms bet on India's spending power -
Business Standard
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Perils of an ad hoc forex policy -
TB Kapali, Business Line
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Corus, Ranbaxy & the curse: Deals that happen in auction like atmosphere always go bad -
Brian Carvalho, Economic Times
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Dholera’s Rs70,000-crore cure for investment famine -
Sunil Jain, Financial Express
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The Internet destroyed the middle class -
Scott Timberg, Salon
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Tax evasion: Why did Sibal extend undue favours to Voda, asks AAP -
Danish Raza, FirstPost
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No buyers for FDI in multi-brand retail -
Arvind Singhal, Business Standard
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Inflation back in RBI's comfort zone -
Business Standard
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The food mountain: security or a liability? -
Renu Kohli, Mint
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Growth vs inflation control -
Ashima Goyal, Business Line
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That man from Rio -
Sanjaya Baru, Indian Express
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Verbatim |
 Nothing epitomises Congress's oligarchic culture, hinging on a power cabal that centres in a ‘High Command', than disgraced former Union Minister for Law and Justice Ashwani Kumar's parting statement in his own defence while demitting office. “Whatever the PM and the party High Command thought fit, as a loyal foot soldier, I have done, and I am proud of the fact that I have been a loyal foot soldier of the party”. There is no word about his loyalty to the nation, which, for patriotic Indians, should have precedence over party, Prime Minister and high command. But not in the Congress's scheme of things, which, in the final reckoning, is a matter of perpetuating the Nehru-Gandhi family's hegemony.
Anuradha Dutt |
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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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