The government cannot afford to have an industry which has been bleeding for the last four or five years. There is just too much riding on it. Sunil Jain, Editor, Financial Express, feels this panel view will be rejected by the Telecom Commission when it meets on Thursday.
In an interview to CNBC-TV18, Sunil Jain, Managing Editor, The Financial Express spoke about Food Security Bill ordinance.
Monday's cabinet rejig is being viewd as a reshuffle which has not been driven by any big idea , but just the necessity to accommodate a few individuals ahead of elections. Also that the Congress party has now realised its future lies in the party organisation and not in the government.
A poll by CNN-IBN reveals the complete loss of trust of urban India in the government. More than half of those polled feel that Manmohan Singh should not continue as PM and a majority felt that corruption, rising prices and safety are prime concerns for the country.
Focusing on the troubled legacy for taxation from the previous budget, CNBC-TV18's special show Taxing Times, brings on the discussion board key issues like general anti-avoidance rule (GAAR) with a panel of eminent experts.
Ajay Bahl, founder, AZB & Partners and Sunil Jain, opinion editor, The Financial Express discuss about FDI in multi-brand retail and the legislative process around the passing of the Bill.
By: Sunil Jain, JSA
After an angry prime minister lashed out at India Inc for merely adding fuel to the fire against the government, the finance minister today also chided industry for its attitude!
It's been a long winding road for UPA Chairperson Sonia Gandhi. Her dream of providing food security to the poor saw the light of day today. While the objective is laudable, given India's current fiscal predicament, questions have arisen over its huge financial implications.
Moneycontrol.com initiative, Know Your Investment, helps investors to take a prudent call on their investments.
The Indian telecom sector is widely acknowledged as a poster child of the Indian reform story that started 20 years back and has led to some spectacular gains. But the success story has unraveled. Today the sector is in the midst of an unprecedented crisis like never before. Joining me today to discuss this is a panel of experts and lawyers.
Sunil Jain, Editor – Opinion at Financial Express solicits that the biggest takeaway for India Inc is the removal of Jairam Ramesh from environment ministry, who has been involved in several controversies for holding up major industrial projects that many considered as critical to India's economic development.
"We will work as a team; I want to leave a mark before I leave this bank," was Mohan Tanksale’s message to his colleagues at Central Bank of India immediately after taking charge as chairman and managing director of the bank.
Shares of Reliance Industries (RIL) fell nearly 1% or Rs 9 to Rs 1017 in the morning trade after the oil regulator Directorate General of Hydrocarbon (DGH) said that RIL KG-D6 output might not touch 80 mmscmd by April 2012. According to agency reports, RIL 's current output from KG-D6 is at 52-53 mscmd.
Ahead of Reserve Bank of India's mid-quarter policy review on Thursday, interest rate sensitive sectors like banking and realty have taken a big hit owing to the fear of a rate hike. However, the road is unlikey to be that much bumpy for the auto sector.