"I tell all my guys in the office to see this as running a marathon. The front runners are a million times our size. In a marathon, you don't run in front of the pack; you stay in the back and wait for your turn, otherwise you'll run out of steam."

The Maldives has an open economy with a narrow export base but high dependence on imports for most of its economic activities. As a result, foreign merchandise trade normally records a large deficit.

The mining scam had first rocked Karnataka and now Goa. While the mess in Karnataka is well known, the scenario in Goa is no different. The Central Empowered Committee in its interim report on illegal mining in Goa has found various illegalities in its detailed report, a copy of which is with Rediff.com.

Possible higher dividend, capital gains taxes weigh.

'So far as FDI is concerned, there are some things one says -- particularly if one is in election mode -- that may or may not be truly reflective of what is eventually going to happen,' says economist Bibek Debroy.

After 800 odd years of Islamic and British rule, the Indian elite and intellectuals are copybook examples of the Fanon phenomenon: Living, breathing purveyors of a sordid ideology, says Jay Bhattacharjee

Had DLF not given Vadra the Rs 50 crore advance, he would not have had the money to go on a land-buying spree

The Board of Directors of Citigroup on Monday announced that Vikram Pandit has stepped down as the Company's Chief Executive Officer and as a member of the Board, effective immediately.

The northeastern states can take advantage of the liberalisation that is taking place in Myanmar only if New Delhi starts looking at the region as an important starting point of India's 'Look East' policy, notes Nitin Gokhale

Piqued by the number of states opting to ban the production, sale and marketing of gutkha, a group of manufacturers under the aegis of the Smokeless Tobacco Association have issued print ads saying it is unfair to ban their products when the tobacco content in these is lower than that in cigarettes.

Country's scientific community may be at the cusp of securing a Nobel in the physical sciences, says Devijyot Ghoshal

California Attorney General Kamala Harris' close friendship with the president, gives her a prime time slot on the second day of the Democratic National Convention in Charlotte, North Carolina; in her remarks she bemoans the foreclosure contagion and recalls how proud her mom was when she bought her home. Aziz Haniffa reports

Lalu Yadav's s successors have discarded his shrewd pricing strategy and Indian Railways has tamely slipped back into its old shabby ways, says Sonali Ranade

The US-based discus thrower is one of the best medal prospects; he is the first Indian to win a Diamond League medal. Having participated in Beijing four years back, Gowda has experience of the big stage and has trained exceptionally hard.

Markets erased early morning gains towards the end of the day and ended flat. The Sensex dropped to a low of 17,182 after trading in a range bound fashion for most part of the day. The BSE benchmark index ended down 19 points at 17,214. Nifty ended down eight points at 5,227.

What can be said with certainty is that the changes that are necessary to the present mode of living will not be possible without the aid of religion or something like it, says Sonali Ranade

What can be said with certainty is that the changes that are necessary to the present mode of living will not be possible without the aid of religion or something like it, says Sonali Ranade

A global water report promotes privatisation narrative which could be disastrous for India and the world, says Gopal Krishna.

If Bihar is clocking much higher growth than Gujarat, and Nitish Kumar enjoys the confidence of Hidus and Muslims alike, does it not make Nitish Kumar a much better contender for Prime Ministership than Narendra Modi, asks Shivam Vij

If Bihar is clocking much higher growth than Gujarat, and Nitish Kumar enjoys the confidence of Hidus and Muslims alike, does it not make Nitish Kumar a much better contender for Prime Ministership than Narendra Modi, asks Shivam Vij

Rediff.com brings you a combined update of the effect of Thursday's Bharat bandh, called by the National Democratic Alliance, Left parties and Samajwadi Party to protest against the latest hike in petrol prices, from various parts of the country.

The report further pointed out that the current rupee volatility will be 'less damaging than in 1991, when low reserves and a widening current account deficit prompted India's last balance of payment crisis'.

Mittal confirmed ArcelorMittal's partnership with ONGC not over, even as there are few projects they are discussing.

Growing American exports to China will help boost the US economic recovery.

In an hour-long chat on rediff.com on Monday, chartered accountant and Income Tax expert Chetan A Gandhi offered some valuable tips.

The methods being used by the government to window-dress the fiscal deficit will fool no one, least of all foreign investors or bodies like the IMF, warns Sonali Ranade

President Pratibha Patil on Monday addressed Parliament for the last time as President when she flagged off the Budget session. Here's the text of her speech

Increase of FDI ceiling in Insurance Industry to 49 per cent. Raising the cap will provide enough incentive to foreign companies to invest in Indian insurance sector. This will create required capital in the industry and help the sector expand much faster.

Faulty procurement, rising farm inputs push debt-ridden farmers into desperation leading to suicides

Nancy Powell, being the quintessential diplomat, and attempting to be as circumspect as possible, replied, "Iran and India have a long tradition of trade across energy and other fields. It is one that is clearly a part of our sanctions regime, that we are hoping to see it significantly reduced."

Uttar Pradesh Chief Minister Mayawati has assets worth a whopping Rs 87.27 crore, according to the National Election Watch, which has analysed the affidavits filed by the chief ministers of the five poll-bound states.

India on Wednesday said that mere "cosmetic changes" to the United Nations Security Council will not improve its effectiveness, asking its five permanent members to realise that the reform of the powerful body, including its expansion, is necessary to reflect contemporary realities.

The text of the address by Prime Minister Manmohan Singh at the People`s Majlis (parliament) in Maldives

The transcript of Prime Minister Manmohan Singh's speech at the Governors' Conference at the Rashtrapati Bhawan on Sunday

In this freewheeling interview with rediff.com's Priyanka, IC Gandhi says that appellants must understand that law describes 'information' as something which 'exists', and only those can be given out.

With the rupee showing a freefall and hitting a 28-month low against the dollar, India Inc has yet another headache.

In all, 26 sittings over 39 days. That is how long the Lok Sabha and Rajya Sabha were to have sat to complete government legislative and other business when Parliament met for the monsoon session on August 1.

Lok Satta party president Dr Jayaprakash Narayan may have his differences with Anna Hazare over the Lokpal Bill, but he salutes the Gandhian's efforts to bring the youth and the middle class to the forefront of the anti-corruption movement. Sheela Bhatt reports

Reforms in the supply-chain system can help India tackle the demand-supply mismatch in essential food items.

In a chat with Get Ahead readers, A M Kannan, Director -- Admissions and Financial Aid at the ISB -- answered queries related to the admission process at the Indian School of Business. Here is the unedited chat transcript