'We have about Rs 4 lakh crore debt on a state budget of about Rs 1.5 lakh crore.' 'We are in a debt two-and-a-half times our annual budget,' says the banker who would have been Tamil Nadu's finance minister had the DMK won.
The first-time contestant from the Dravida Munnetra Kazhagam is a fourth-generation, following in the footsteps of his grandfather, P T Rajan, and his father, P T R Palaivel Rajan, both legends in Madurai.
'I am suspicious of the Democratic Party in the US; two, that I fear that Obama is all style and no substance; and three, that I believe his war-cry of 'change!' is no more than election rhetoric, because there is no way anybody is going to turn the battleship that is America except very, very slowly.'
Any attempt to defang Islamic State must first cut off its main sources of funding, especially its revenue from oil sales, extortion and crime, ransom payments, and support from foreign donors. This will also be need to be backed up by efficient forces on the ground.
Americans never connected India with technology in the old days, now they are seeing it and going, 'Oh wow! India. . . who knew,!' says Kanchana Thamodaran.
By weakening Sharif, the corps commanders could have a final say in important matters like relations with India, dealing with Taliban militants, interacting with Americans and once again achieving strategic depth in post-NATO Afghanistan. Which is why they may be behind the unrest in Pakistan led by Imran Khan and Dr Tahirul Qadri, says Shahzad Raza.
'After Rajan is back in India, our resident dons are almost down. I won't say that they are out. So, now the obvious question is about Dawood, and the present government, I think, is more than willing to address that issue.' 'I think the political system made this kind of people; the corporate world made this kind of people. I have mentioned in my book that even the banks were using these outlaws to get their money back.'
An in-depth look at the H-1B skilled worker visa to America. What quetions will you be asked? What if your job requires travel? What does the future hold for H-1Bs? Read on
As part of Prime Minister Manmohan Singh's State visit to the United States on November 24, India and the US are planning to announce the convening of an India-US Education Council on the lines of the US-India Business Council, Human Resource Minister Kapil Sibal has disclosed.
'They don't always agree with our governments, their teachers or their parents, but it is the conviction of their ideas, and their determination to share them with the world that, I believe, is one of the greatest sources of hope for our planet.' 'The colonisation of space, understanding the very building blocks of matter and the universe, utilising our understanding of the human genome to conquer disease -- these are the tasks waiting for a fellowship of minds to realise new triumphs in our collective destiny.'
'It was only relatively recently that Subhash Kapoor was able to secure the sources in India, Afghanistan and Cambodia, that allowed him to get the really highest level objects, and that helped propel him in recent years up the ranks.'
Dr Ami Bera, California physician, who according to conventional wisdom is the only Indian American congressional candidate this time around among all of the community's aspirants who has a good chance of winning, received a major boost when former President Bill Clinton publicly endorsed him in a public rally at the University of California.
Spruce up your CV and seek professional advise, says Prof RSS Mani of ITM Group of Institutions.
Rajeev Srinivasan on whether social media can lead to lasting change, or whether it is merely a flash in the pan.
The Detroit bailout isn't about saving the U.S. auto industry, it's about Democrats and Republicans jockeying for power.
In the second and final part of his column, Col Anil Athale says the fight between forces of Indian nationalism and Macaulayism aided and abetted by West is going to be long, hard and dirty. The outcome will decide whether India becomes a superpower or continues to wallow in the swamp of underdevelopment.
Overseas education consultant NNS Chandra has answers to all your queries related to pursuing an education abroad.
The administration and America Inc have invested in Narendra Modi's power to transform India. Aziz Haniffa/Rediff.com reports from Washington, DC.
Rajeev Srinivasan on how EVM problems are much bigger than technology or politics.
Happy at the clear mandate given by voters to the BJP-led NDA, India Inc on Friday exuded confidence that Narendra Modi will initiate bold and decisive policy reforms to promote economic growth.
In an online chat with readers, overseas consultant NNS Chandra offers career advice.
While chips have become ubiquitous, Moore's Law has remained a self-fulfilling prophecy even half a century later. Not bad for an industry where the time scale is not measured in decades and centuries, but in annual quarters, says Shivanand Kanavi.
Wishful thinking often masquerades as assessment. Iran should not be different. Driven by short term gains, India is rolling out red carpet welcome to Ahmadinejad.
Two influential US Senators have renewed the campaign against the biggest users of H-1B visa workers in the US, including Indian heavyweights Infosys, Wipro, Satyam and Tata Consultancy Services. They fired off a missive to these companies asking how they employed professional and skilled workers, majority of whom hail from India.
The prime minister's advisor offers proof that the government of working -- behind the scenes.
Fair, who is a senior Fellow with the Counterterrorism Centre at West Point, said all of Pakistan's strategic and security threat perceptions have always centered around India and all of the military aid and weapons systems it has received from the US has been to beef up its arsenal vis-a-vis New Delhi.
Aggregate domestic R&D spend in India has never exceeded 1 per cent of GDP, and over 80 per cent of Indian firms spend nothing on research.
A special episode of the Prime Minister's radio broadcast Mann ki Baat featuring US President Barack Obama and Prime Minister Narendra Modi was aired on Tuesday night. The 35-minute special broadcast of 'Mann Ki Baat', which marked the rapport between Modi and Obama, touched on issues ranging from public health and personal inspirations of the two leaders, both of whom have come up from simple beginnings to assume to top positions of the respective countries. What follows is a transcript of the Mann ki Baat episode.
In his penultimate State of the Union address, Barack Obama said that the economy is improving.
'It is in the interest of both sides that the visit of the US President is seen as being successful. Both sides have invested considerable political capital in it. This rapid exchange of visits and the decisions taken have to be justified, beyond the symbolism, which is no doubt important in itself. This opportunity to impart a fresh momentum to ties should not be missed,' says former foreign secretary Kanwal Sibal.
A former US student describes life in America. He talks about cost of living and communicating with professors.
Business leaders tell Congress that to attract and retain the best minds, the U.S. must keep the doors open to immigrants
The year 2014 is coming to an end. It was the year of conflict, the year of strife. Year 2014 will be remembered for several reasons -- the rise and threat of the Islamic State, the downing of two Malayasia Airlines aircraft and the sudden and effective way of using hastags on social media to generate a buzz about the event. After all, who can forget #theicebucket challenge and the phenomenon it grew into. Read on as we bring you an overview of international news and events of 2014.
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