ECONOMY & NATION


Moneylife Digital Team 28 May 2014
According to CRISIL while food retailers' losses will mount by about 30%, peaking in 2017 when at least half of the 10 players would break even    Large-scale expansions have caused Indian food retailers an accumulated loss of Rs13,000 crore in last fiscal, says ratings agency CRISIL...

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Moneylife Digital Team 27 May 2014
The Delhi HC advised Kejriwal, who has been lodged in Tihar Jail, to furnish a bail bond in the criminal defamation complaint filed against him   Aan Admi Party (AAP) founder Arvind Kejriwal on Tuesday accepted the suggestion from Delhi High Court to furnish personal bond to get bail...

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Moneylife Digital Team 27 May 2014
Based on a case filed in Kurnool, the Andhra Pradesh police took the CEO of Amway India into custody from the company headquarters at Gurgaon     William Scott Pinckney, chairman and chief executive (CEO) of Amway India has been again arrested by police. This time, he is arrested...

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Moneylife Digital Team 27 May 2014
Rajnath-Home, Sushma-External Affairs, Jaitley-Finance, Corporate Affairs and Defence, Gadkari-Road Transport and Highways, DV Sadananda Gowda-Railways are some of the prominent ministers in Narendra Modi government   As expected, Bharatiya Janata Party (BJP) president Rajnath Singh...

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PMOIndia twitter handle goof up shows cannot do social media by Remote Control   A social media presence, especially on twitter, is considered essential for political success these days. It started with Barak Obama making history in America and has only been strengthened by Narendra...

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Moneylife Digital Team 26 May 2014
The Narendra Modi government will have 23 cabinet ministers, 10 MoS with independent charge and 11 ministers of state   Bharatiya Janata Party (BJP) leader Narendra Modi on Monday sworn in as the new prime minister of India. His ministry includes 23 cabinet ministers, 10 ministers of...

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So the problems are over and Europe is on the road to recovery. Right? Well, maybe not. European sovereign debt is so large that they have to grow to keep their debt stable or impose even harsher austerity measures   Things looked bad. Yields of Spanish and Italian bonds were soaring....

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Moneylife Digital Team 24 May 2014
While Ilmi said that the party has lost its way and is being guided by a crony clique that takes impulsive decisions, Capt Gopinath criticised party chief Kejriwal for 'shoot and scoot' politics   Arvind Kejriwal-led Aam Aadmi Party (AAP) received a jolt on Saturday when two of the...

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The mammoth task of restructuring Coal India has to be done on a war footing, starting with making its subsidiaries totally independent profit centres   The new government takes over official control after the swearing in ceremony on 26th May, when the portfolios will be announced and...

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Moneylife Digital Team 23 May 2014
Arvind Kejriwal’s jail stay was extended till 6th June as he remained adamant on not furnishing bail bond in a criminal defamation case filed against him by BJP leader Nitin Gadkari   A Delhi Court extended custody of Aam Aadmi Party (AAP) chief Arvind Kejriwal till 6th June after he...

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Moneylife Digital Team 23 May 2014
The average asset value declared by 165 re-elected MPs from the 2014 Lok Sabha shows a rise of 137%. Shatrughan Sinha tops the list with declared assets of Rs131 crore that jumped over eight times since 2009   Common people or voters do several things to become rich, however, most of...

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Commander (Retd) PG Bhat 23 May 2014
In Tamil Nadu's 25 out of 27 constituencies, whose details are available, only three to six candidates have scored more votes than NOTA or none of the above option   Electors can reject all the candidates by pressing a button marked 'None of the Above' (NOTA) in Electronic Voting...

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Moneylife Digital Team 23 May 2014
CERT-In, the Indian cyber security sleuths, have blocked many portals related with QNet, including QNetIndia.in and QNet.net used by the MLM operator for all of its transactions   The Computer Emergency Response Team India (CERT-In) has blocked several websites of QNet, the...

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Moneylife Digital Team 21 May 2014
The Magistrate, in her three-page order, also observed that the procedure of courts cannot be 'thrown to the winds' at the whims and fancies of the litigants   Aam Aadmi Party (AAP) leader and former chief minister of Delhi Arvind Kejriwal was on Wednesday arrested and sent to Tihar...

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Moneylife Digital Team 21 May 2014
Anandiben Patel was seen as a natural heir to Narendra Modi as she headed the group of ministers running day-to-day affairs in Gujarat during his hectic Lok Sabha election campaign   Following the resignation of Narendra Modi, the prime minister-designate, Anandiben Patel would take...

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Moneylife Digital Team 21 May 2014
Sun Pharmaceutical, Ranbaxy Laboratories and Daiichi Sankyo approached the Supreme Court seeking its direction to vacate interim order of the Andhra Pradesh High Court, which had stayed the merger   The Supreme Court on Wednesday asked the Andhra Pradesh High Court, which had passed...

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No top level changes in RBI are needed. Strong economic measures by the Modi government would automatically limit RBI's role to monetary policy    The Narendra Modi-led National Democratic Alliance (NDA) is going to form the new government shortly. For a country, trapped in never...

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Moneylife Digital Team 20 May 2014
@PMOIndia, the Twitter handle used by Dr Manmohan Singh, has now become clean like a new one. The old official Twitter handle of Dr Singh is now renamed as @PMOIndiaArchive   The official Twitter handle of Dr Manmohan Singh, the outgoing Prime Minister, @PMOIndia has become clean as...

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Strengthening the industrial base, reducing redtape and a focus on infrastructure should be the top focus areas   There is a sense of euphoria all around. And this is not at all ill-founded. After around 30 years, we have a government in power, which has absolute majority. A...

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The Narendra Modi government has to undo a lot of mess that is being left behind, correct those that can be mended and introduce those that they promised to perform in their manifestos   The unfinished story of a huge burden now shifts to the new Indian government.  The Narendra Modi...

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