Defence Budget Can't Beat Inflation!

India spends significantly less on defence than could be expected from a country that faces simultaneous armed threats from two hostile neighbours -- China and Pakistan. IMAGE: An Indian Army......

Star-studded economic panel marks Stalin's break with past

Chief Minister MK Stalin has shown that he is cut from a different cloth when it comes to embracing what is current, modern and absolutely necessary. Thus, even while retaining the spirit and......

Bhopal: The deception by Union Carbide and Dow

There is little hope of any justice in the Bhopal gas leak case. If the tragedy and the shock its finale has created awaken us to work on newer laws on corporate responsibility and accountability,......

Microfinance: A boon for slum-dwellers

Susheelma, an illiterate daily wage worker, and her husband were struggling to make ends meet. She wanted to be self-employed, but banks and money-lenders refused to lend without collateral.......

Zambia copper mine: Vedanta scouts for fundraise options

Anil Agarwal-owned Vedanta Resources (VRL), which has hired Standard Chartered Bank to raise funds for its Konkola copper mine assets, says it is engaging with several potential partners for both......

Time to book profit now; buy when Nifty hits 16,000: BofA Securities

With the Nifty50 just about 3 per cent away from its all-time closing high of 18,812 points, analysts at BofA Securities suggest investors book profit. Illustration: Dominic Xavier/Rediff.com......

Citibank likely to hive off consumer banking business in India

In India, it is not easy to fight it out with the large banks which are nimble-footed and technology-savvy and are continuously innovating on the retail turf with newer products for customer......

Corporates cold to Sebi call for Covid-19 impact

In a circular dated May 20, Sebi had directed the listed companies to evaluate the impact of Covid-19 on their capital and financial resources, profitability, liquidity position, assets, and......