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Preventive construction is economical, post-disaster management is costly. However, Indian government, bureaucrats, entrepreneurs and political parties never learn, even though natural disasters have been taking place in hundreds without fail.

The desperate attempts by the UPA government to review sectoral caps in foreign direct investment (FDI) had remained a work in progress for far too long ever since its second coming in 2009. But in recent months, such efforts were reinforced by the pronounced slowdown of the economy in the wake of a string of scams and corruption-related issues in the allocation of natural resources—be it spectrum or coal.

India’s large family-promoted and managed public companies had long controlled their enterprises with proxies from the national government or state-owned financial institutions (FIs) while those promoter’s holdings often remained abysmally low, some for historical reasons and others as side-effects of their high cost expansion and modernization works substantially funded by FIs as both equity holders and debt providers.

New Delhi: Following the conclusion of the recent border talks between India and China at the level of special representatives, the Indian Defence Minister AK Antony will be on his way to Beijing on Thursday to further streamline the issue at a delegation level talks with his Chinese counterpart.

New Delhi: After strengthening trade bonds with ASEAN and Pacific countries, India has sought to boost economic relations with the nations in the Indian Ocean rim.

It will take years to roll back the physical, psychological, social, economic and ecological damage wrought by the terrible floods in Uttarakhand, which killed more than 1,000 people. The deeper causes of this epic tragedy were not natural, but manmade. They ensured that cloudbursts and heavy rainfall, which routinely occur in Uttarakhand’s upper hills, turned into a catastrophe.

BHOPAL: Rising factionalism is causing serious concern in both the Madhya Pradesh Bharatiya Janata Party and the Congress – the two main claimants for power in the state.

West Bengal chief minister Mamata Banerjee has finally met her match in the state’s election commissioner, Meera Pandey. The doughty IAS offer has taken on the bullying politician in a legal battle of nerves in which the former has finally emerged victorious. This is not only Mamata’s first setback after two years of success in browbeating her opponents into silence since coming to power, it also holds out disquieting possibilities for her.

New Delhi: After down playing US snooping of phone logs and internet data and denying asylum to Edward Snowden, India launched its first National Cyber Security Policy to protect its own establishments from possible cyber attacks.

Jammu and Kashmir is again in the media headlines for two reasons: Controversy over the demand for revocation of Article 370; and, stepped-up infiltrations and escalated terror violence by Pakistan-based terrorists.