'Modi is likely to make more announcements to win or retain popularity, and put himself at the centre of things even more than now,' says T N Ninan.Illustrations: Uttam Ghosh/Rediff.com Exactly mid-way through his five-year term, Narendra Modi has changed gears, and possibly direction. Till November, his was an administration seemingly determined to follow a path of sustained incrementalism -- a steady flow of small steps whose cumulative impact would be transformative. Or so it was ... Rediff.com, 1 month ago
Bhargavi Zaveri and Radhika Pandey explain how complexities of foreign exchange rules are used by India Inc to dispute contractual obligations. Foreign Exchange Management Act, 1999 or FEMA, the current law governing all foreign exchange transactions with Indian residents, creates artificial distortions between identical economic transactions and allows excessive discretion resulting in ad hoc administration. Two ongoing litigations involving foreign investors underscore this need.Rediff.com, 1 month ago
PM extended some old schemes and finally said yes to one that was legally mandated for past 2 years, reveal Nitin Sethi and Karan Choudhury. Prime Minister Narendra Modi made a slew of announcements in his speech on December 31. Business Standard did a status and fact check on some of the key schemes announced and how they link up to existing schemes of the National Democratic Alliance government and its achievements against each of them. Maternity benefits 'We are introducing a nation-wide ...Rediff.com, 1 month ago
In what may boost health services for poor and economically weaker sections, the state government has decided to upgrade the District Wenlock Hospital as a regional hospital, providing super speciality services in four years down the line. Announcing this to ...Deccan Herald, 2 months ago
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