Rapid growth poses new challenges for MCX
The commodities exchange has achieved much in a short span. But its dependence on precious metals has also risen: gold and silver accounted for 49 per cent of the MCX's turnover in 2007 which rose to 63.7 per cent by 2011.Why India is crucial for Toyota
India contributed less than one per cent of Toyota's revenues last year, but it is crucial to the carmaker's plans for the Asia-Pacific region.Cash transfer programme: Old diet, new recipe
Perhaps a mix of both cash transfers and the traditional PDS would be the best solution. As Tamil Nadu and Chhattisgarh have shown, PDS is not beyond repair and can function efficiently if there is the will to make it work.Late night flowers, gift delivery business gaining popularity in India
Deliveries at the stroke of the midnight hour are a still more recent phenomenon, barely a decade old. But they are rapidly growing in popularity. There are both trials - and the rewards - of taking gifts to people's doorsteps late at night.As MCX-SX pads up for action, Jignesh Shah faces a big test
The man who controls more than a quarter of all assets traded in India eyes even greater dominance.Poor monsson may not hit economy, but will stoke food inflation
The monsoon in June was 29 per cent below its 50-year average for the month. The full impact of inadequate rainfall will only be visible over the next few months but analysts are already pointing out that the monsoon's importance has diminished.Business Today-C fore Business Confidence Survey abounds in pessimism
Stagflation concerns mount as businesses struggle with rising input costs and slowing growth.Delhi Airport Express: Reliance Infrastructure eyeing exit route?
It was an urban infrastructure showpiece for the country until recently, but the sudden suspension of services has turned the Delhi Airport Metro Express into an expensive eyesore.More reforms needed to boost growth in mutual fund industry
The mutual fund industry has witnessed several reforms in the last two decades. These have helped it expand. But lately, reforms have focused more on investor protection than on taking a balanced view of the institution.Grey areas remain in newly introduced service tax regime
Days before stepping down as finance minister to become the UPA's Presidential candidate, Pranab Mukherjee paved the way for introduction of a new service tax regime in India, which is expected to swell the government coffers by Rs 27,000 crore.The prime minister is an astute and experienced politician who undoubtedly recognises the challenges facing the economy. He appears emboldened with his new duties as finance minister, willing to tackle some of the tough issues. The next couple of months will be crucial for him.India's growth should not be judged on a quarterly basis: Moily
In a candid chat, the corporate affairs minister says he is confident that some important reforms, such as the much-awaited new Companies Bill, will soon see the light of the day.Big challenges still lies ahead in eradicating poverty
While poverty levels are falling, developing regions lag far behind on most human development indicators, says the United Nation's The Millennium Development Goals Report, 2012.On Record/Time labels Manmohan Singh an 'underachiever'
The common man of the country has been saying this for a long time that he (the PM) has practically no achievement to his credit...The legacy of Manmohan Singh is [making] India suffer and insecure, Ravi Shankar Prasad, BJP spokesperson, to wire agencies.Roundup: Events of the fortnight
In a tough year, TCS reported results in line with estimates, with profit after tax rising 14.6 per cent from the last quarter to Rs 3,318 crore, and reaffirming its position as India's top IT company.Scientists have broken fresh ground in their quest to unearth the basic building blocks of the universe with the discovery of the Higgs boson - known as the 'God particle'.