Editors Column
Narendra Modi government’s decision on Wednesday to set up 50 solar parks with 500mw each and double the targeted solar power capacity to 40,000mw in less than three years is a tall order. No matter what the Modi government does, unless all the stakeholders — both domestic and foreign — come along, this may not happen.
Reform, perform and transform’ was the motto with which prime minister Narendra Modi approached governance. In the last two and a half years, change in the way union government works has been palpable. Modi government’s move to open up media, retail and banking space wider to foreign investors is a logical extension of what has been initiated after it was elected to power in May 2014.
As reported by this paper, despite international crude oil prices ruling in a range of $50 to $60, Indian consumers are paying the same prices as they used to pay when crude oil was quoting above $100 in early 2014.
At a time when e-wallets have come to be accepted as the new normal, HDFC chairman Aditya Puri’s contention that digital payment companies have no future is rather interesting. Hefty discounts and unsustainable revenue models adopted by the e-wallet companies have come under scrutiny from Puri and other hard nosed bankers like him.
At a time when e-wallets have come to be accepted as the new normal, HDFC chairman Aditya Puri’s contention that digital payment companies have no future is rather interesting. Hefty discounts and unsustainable revenue models adopted by the e-wallet companies have come under scrutiny from Puri and other hard nosed bankers like him.
Trump or no Trump, budding Indian technology talent is bound to find suitors globally. From taxi aggregator Uber Technologies to Google, top notch US companies have not shied away from offering lucrative placements to raw Indian talent that they propose to hone.
A good monsoon and record output of 271.98 million tonnes of foodgrain and oilseeds expected in this crop year, which ends in June, is a milestone in the country’s farming history. From wheat, rice, pulses, coarse cereals to oilseeds, an exponential surge in output across the farm matrix would be music for prime minister Narendra Modi’s ears, faced as he is with an economic slowdown.
Are we heading for a high inflation and high interest rate regime all over again? What does the 13-month high wholesale price Index (WPI) inflation at 5.25 per cent as against 3.39 per cent previous month and (–) 1.07 per cent same month last year mean? The prancing genie is out of the bottle.
A new chapter in the tumultuous history of Dravidian politics is set to unfold after AIADMK general secretary Sasikala was convicted by a two-judge Supreme Court bench in the 21-year-old disproportionate assets case.
It is not very common to see a regulator defining its agenda for a financial year. But in a recently held board meeting, capital and commodity market regulator, the Securities and Exchange Board of India (Sebi), outlined areas on which it plans to focus in 2017-18.

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