'Manmohan Singh knows very little of the Indian economy'

'The UPA's claim of growth at 9.5 percent was absolute nonsense and a fraudulent claim because the country did not grow; it was only statistical growth.' 'I do believe that when there is a......

President's address to the Parliament

Following is the trascriptof President Pratibha Patil's address to the joint sittingof Parliament on Thursday.Honourable Members, I convey my good wishes to you and to all our people. On behalf of......

Lessons for SAARC from the European Union

A friend working for the European Commission recently showed me an amusing picture taken during a meeting in Brussels. In the early hours of the morning after an intense night of parleys, two of......

Sitharaman bets big on infra spending to take highway to growth

Finance Minister Nirmala Sitharaman on Tuesday unveiled a bigger, Rs 39.45 lakh crore Budget, with higher spending on highways to affordable housing with a view to fire up the key engines of the......

How foreign portfolio investors view the 'India story'

IT, FMCG and manufacturing sectors are less attractive to foreign portfolio investors, discovers Subhomoy Bhattacharjee. Illustration: Uttam Ghosh/Rediff.com Long before the pandemic, foreign......

Centre's divestment plan: A stress test for zombie steel plants

With the government looking to divest loss-making steel assets, significant interest from secondary players is most likely this time apart from the anticipated list of large integrated primary......

Here's how the Budget affects some key sectors

From real estate to metals, what Sitharaman's Budget has in store. Illustration: Dominic Xavier/Rediff.com Real Estate & Infrastructure What was expected? Extension of sunset date for obtaining......