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Business/Economy |
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Rupee breaches 55 barrier against dollar -
Times of India
Continuing its downward drift, the rupee crossed a new all-time closing low of 55 against the dollar, settling at 55.04. The trend persisted in the absence of any major flows despite intervention by the Reserve Bank of India. Dealers said that given the current inclination, the currency could slide to 56 to 57 levels. However, any depreciation beyond this level could trigger panic and lead to a currency crisis, which would force the central bank to come out with concerted efforts to support the rupee.
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Rs 28,000-crore IAF order up for grabs -
Ajai Shukla, Business Standard
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Foreign chains get leeway on back-end investments -
Nivedita Mookerji & Nayanima Basu, Business Standard
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Foreign airlines may soon get nod to fly Airbus A380 into India -
Tarun Shukla, Mint
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Murdoch’s Game Theory -
Anushree Chandran, Financial Express
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The end of social democracy -
Manas Chakravarty, Mint
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Who creates jobs? -
Economist
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Credit squeeze shackles exports -
Anil Sasi, Indian Express
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MCA agonised over fraud probe as cheat funds ran riot -
Ashish Sinha & Rishi Raj, Financial Express
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Reforms get stuck in FDI versus FII fight -
Anandita Singh Mankotia & Dilasha Seth, Economic Times
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Indian-American scientists help pharma cos stay ahead in export race -
Lalatendu Mishra, Hindu
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Indian to head world’s top liquor company -
Boby Kurian & Reeba Zachariah, Times of India
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The how & why of Railway Board posts -
Avishek G Dastidar, Indian Express
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10 reasons why Amartya Sen is wrong about food security bill -
Vivek Kaul, FirstPost
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Farming as a value chain -
Surinder Sud, Business Standard
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Happy trade tidings for India? -
Biswajit Dhar, Mint
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The biggest retailer in Uttar Pradesh -
Vidhi Choudhary, Mint
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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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Verbatim |
 The UPA 2 government was conceived in corruption – and never really recovered from that taint. Right from the day the election results came in, the back-channel negotiations began for the reappointment of A Raja as Telecom Minister to advance the interests of certain telecom majors (in return for illegal gratification). It was an enterprise which set the stage for India’s biggest corruption scandal and virtually set the political tone for the rest of the four years. As subsequent exposes have established, Manmohan Singh and other key Ministers knew full well that mischief was afoot, but pointedly looked the other way. That was the beginning of the slide, and the UPA government in general – and Manmohan Singh in particular – was mortally wounded from that episode. But rather than press ahead with remedial action, the government slid further into the cesspool of corruption.
Venky Vembu |
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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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