All four players – Bharti, Vodafone, Reliance Jio and BSNL – may actually look at each other to take the lead in raising prices. It is unlikely that anyone will make the first move as that may prove to be a costly mistake.
By tying up as a junior partner to both the Shiv Sena and the NCP in Maharashtra, in a state where the Congress has ruled for 50 years since its formation in 1960, the grand old party has virtually shot itself in the foot in the crucial state.
Justifying continuity of 2G due to lack of digital literacy in rural areas, too does not bode well. Women in rural area can handle even touch phones smartly; if they can’t, their children will teach them.
The recommendations of a review panel must be implemented quickly for ensuring competitive markets
The government has excluded some industries from the 15percent tax bracket for new manufacturing companies. Then, it went a step further and made it worse.
If India had the same female labour participation rates as most other countries, the unemployment rate would be far higher
Indian foreign policy is changing and will continue to evolve not only because the global environment is changing more rapidly than ever, but also because India is changing.
The BJP is now seen as an opportunist party, which has compromised on its anti-corruption plank. The Shiv Sena has emerged as the David to the BJP's Goliath. Sharad Pawar and his NCP are back in power, and for the Congress, this has been an unexpected bonus.
Real wages have been contracting from March this year.
Directed lending will ultimately lead to a NPA pile-up and demands for forbearance. The taxpayer will end up footing the bill.
The only question is: Will the growth number be jaw-droppingly bad?
It is reassuring to see that when politicians have forsaken the people, the courts in India, including the Supreme Court, have taken up the cudgels.
There are lessons to be learnt from historical financial crises. These top lenders almost fit the bill
Countering domestic private demand slowdown and a weak sentiment is crucial. Otherwise, even a modest economic recovery could take longer
The odds are stacked against Paytm. In every business segment, Paytm founder Vijay Shekhar Sharma is fighting against multiple, focussed players and with cash burning capacity. Sustenance is becoming a question, forget leadership in its markets.
If the conduct of Indian foreign policy in the past seven decades shows us anything, it is that it has seldom relied on creative thinking from outside the four walls of the government.
Of the 15 seats for which by-elections would be held on December 5, the BJP would need to win six seats excluding the prop from JD(S). The dice is indeed loaded in favour of the BJP retaining power in the assembly, also given the desire of legislators not to precipitate mid-term polls in the state.
The market touching new highs is more of an optical illusion
Has the tax cut rally run its course?
It would be prudent to assume that the November 27 floor test in the Maharashtra assembly is just one among the many parts of the ongoing political theatre in the state. Whatever be the result, the show is far from over.
The proficiency self-assessment test instituted by the MCA is unlikely to provide any meaningful solution to board strengthening. There is no denying that boards in India need training but understanding technical subjects will not help directors in taking the right decision.
Phased manufacturing programme needs to be overhauled to fulfil the Make in India dream
The BJP is in power in 13 of India’s states and leads coalition governments in at least six other states, but this record is chequered by the methods it used to grab or retain power.
Issues such as the NRC have to be handled with extreme care
Falling palm oil prices afforded FMCG companies the luxury of driving soap sales through discounts. That may not last for long