27/07/2014
By Ratul Puri
The current Government has to enact a fine balancing act in order to manage the Revenue gap, deal with Subsidies valued around Rs. 2,46,000 crore, restarting the GDP growth and more importantly providing uninterrupted 24X7 power supply to the country.
The fiscal deficit of about Rs 2,408.37 billion ($40.05 billion), or 45.6 percent of the full-year target, almost 5 percent GDP along with subsidies are critical aspects that hinder the private inves ..
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Exempt power producers from payment of MAT - The Economic Times
In order to create and sustain a robust growth, India needs to address the shortfall in its infrastructure facilities and clear the log jammed projects.
06/12/2013
"Giant for justice" said by Nelson Mandela "JOHANNESBURG: South African anti-apartheid hero Nelson Mandela died aged 95 at his Johannesburg home on Thursday after a prolonged lung infection, plunging his nation and the world into mourning for a man hailed by global leaders as a moral giant.
Although Mandela had been frail and ailing for nearly a year, Zuma's announcement late on Thursday of the death of the former president and Nobel Peace Prize laureate shook South Africa.
Tributes began flooding in almost immediately for a man who was an iconic global symbol of struggle against injustice and of racial reconciliation.
US President Barack Obama said the world had lost "one of the most influential, courageous and profoundly good human beings that any of us will share time with on this earth".
PM Manmohan Singh said, "A giant among men has passed away. This is as much India's loss as South Africa's. He was a true Gandhian. His life and work will remain a source of eternal inspiration for generations to come. I join all those who are praying for his soul."
British Prime Minister David Cameron called Mandela "a hero of our time" and said "a great light has gone out in the world".
Ordinary South Africans were in shock. "It feels like it's my father who has died. He was such a good man, who had good values the nation could look up to. He was a role model unlike our leaders of today," said Annah Khokhozela, 37, a nanny, speaking in Johannesburg"
06/12/2013
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