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The trend of dynastic succession has been visible in India for quite some time and it has touched an all time high in Madhya Pradesh where assembly elections are due in November this year. Sons and daughters of politicians, who have jumped in the political fray, unlike their parents, are well educated, articulate and dedicated but they lack experience.

New Delhi: India has planned to set up two communication satellites, namely GSAT-15 and 16 at an estimated investment of Rs 1725 crore (Rs 17,250 million).

THIRUVANANTHAPURAM: The Congress High Command has given Kerala Chief Minister Oommen Chandy a wake-up call in the wake of the solar panel scam which has badly dented his government’s image.

Dollar shortage seems to have driven the government at its wits’ end. Otherwise, how could the government leave the task of making its intention public with a senior finance ministry bureaucrat regarding sweeping changes it plans to bring about in foreign equity control in Indian enterprises, all through the automatic route. The master-plan towards a new foreign direct investment (FDI) policy regime prepared by the finance ministry seeks to allow foreign equity up to 74 per cent in almost all areas of industry and trade, including highly sensitive telecommunications, banking, insurance, drugs and pharmaceuticals, multi-brand retailing and defence manufacturing.

New Delhi: The ambitious multi-million Nalanda University project moved another step ahead with the Indian Government authorising its External Affairs Ministry to sign a headquarters agreement with the university authorities.

New Delhi: Adjusting to the cut in the quota for Haj pilgrims from India effected by Saudi Arabia, the India Government has decided to send a total of 136,000 pilgrims to Makkah this year. But there will be no cut in the number of pilgrims selected by the Haj Committee of India (HCOI).

Emerging Market economies including India, which is frantically seeking capital flows to reverse growth downturn and finance current account deficits, are unlikely to see any marked recovery in global FDI and other private capital flows in 2013 and 2014, according to both UNCTAD and the non-governmental Institute of International Finance (IIF).

Natural calamities like floods, drought, earthquake and cyclone are nothing new for us. People are used to dealing with the vagaries of nature. But at times, it is the magnitude of nature’s fury, which worries. We have had the killer cyclone in Andhra Pradesh and Orissa, worst ever earthquake in Gujarat and Latur, flash floods in the Ganges, tsunami in Tamil Nadu, which should have taught a lesson to be prepared for the unexpected.

New Delhi: A noted US scientist and a person of Indian origin has found a solution for ensuring safety of nuclear power plants in India.

New Delhi: Foreign direct investment (FDI) inflows to India dropped by 29% to be at $26 billion in 2012. This is primarily due to slow growth rate and associated risks of high price inflation which eroded investors’ confidence.