CRONY CAPITALISM
Rahul Gandhi enjoyed power without responsibility till now: Anurag Thakur in Lok Sabha
While congratulating Rahul Gandhi on becoming the Leader of Opposition, Anurag Thakur said the Congress leader now has power with responsibility and "absentee landlordism will not work". For the last many years, Gandhi was enjoying power without responsibility, Thakur said and asserted that it was an "agnipariksha" for the Congress leader now.
BJP in charge, focus on polls: Seven takeaways from PM Modi's largest council of ministers
Modi 3.0 Cabinet 2024: Narendra Modi was sworn in as Prime Minister for a third term, forming a 72-member coalition government with ease. Despite lacking a majority, BJP retains key ministries. Allies prioritized state funds over cabinet posts, while former CMs bring experience. Absence of Muslim ministers and the presence of billionaires and Hindu groups signal Modi's continuing strategies.
Not beating about the bush-type, don
The former US president, Donald Trump, recently proposed that if top US oil executives gave him $1 billion for his re-election campaign, he would repeal Joe Biden's environmental regulations and prevent new ones. This proposal was made in a moderate openness of a private function, rather than insinuations or winks. Trump's hyper-frank deals and appeals are seen as a perverse virtue in politics, as moral bars are often lowered to near the ankles.
Timing of Kejriwal's arrest is not right; you could have done it after elections, says Telangana CM Revanth Reddy
Revanth Reddy, the Chief Minister of Telangana and a Congress leader, discusses various political issues ahead of the Lok Sabha elections in an interview. He criticizes the timing of the arrest of Arvind Kejriwal, alleging it as politically motivated. Reddy also comments on the arrest of Kavitha and the electoral bond issue, accusing the BJP and BRS of using arrests for political gain.
'Textbook case of crony capitalism' and potential threat to national security: Cong on Adani ports
Ramesh asserted that this is not only a "textbook case of crony capitalism" but a potential threat to national security. "Since PM Modi and his pet agencies can't be expected to investigate this, we reiterate our call for a JPC to look into all aspects of the Adani MegaScam," he said.
Dharavi project gift from Maharashtra govt to Modi's crony Adani: Congress
Congress general secretary Jairam Ramesh alleged that changes were made to tender conditions to ensure Adani Group was the only feasible winner. The project had originally been awarded to a different bidder, he said.
- Go To Page 1
Congress slams LPG price hike; declares stir against 'crony capitalism'
The price of cooking gas was hiked by ₹50 per cylinder, the first increase in eight months, days after polling in Meghalaya and Nagaland ended. Congress chief Mallikarjun Kharge alleged the price of LPG cylinder has been raised by ₹50 and commercial gas by ₹350 during high inflation. "The public asks how to make Holi dishes now. How long will the order of loot continue?" he said in a tweet.
Australia has lessons for Narendra Modi's asset recycling plan
While New Delhi aims to replicate the fundraising success overseas, it also needs to heed the Australian Competition and Consumer Commission Chairman Rod Sims’s warning last month: Privatize to increase the efficiency of the economy, or don’t privatize at all.
Indian private sector wealth creators need a mindset change: Krishnamurthy Subramanian
"Crony capitalism and profiteering is not consistent with ethical wealth creation. This is a mindset change required in the private sector," Subramanian said, with a specific reference to the huge gap in private sector and public sector healthcare cost.
Stay away from crony lending, focus on high quality loans: CEA Subramanian
Observing that Indian banking sector since the early 1990s faced the problem of poor quality lending especially on large loans, Subramanian said, loans were not given to most creditworthy borrowers but to crony capitalists, leading to high distress.
MSMEs 'betrayed' in 'crony-centric' budget: Rahul Gandhi
In his first reaction to the budget on Monday, Gandhi had alleged that the Narendra Modi government plans to handover the country's assets to crony capitalists.
Chidambaram expresses concern over crony capitalism, says nation needs not just 5 but 500 biz houses
Giving his advice to the government for the revival of economy, the former finance minister said there is an immediate set of things that has to be done, including significant cash transfers must be made to bottom one-third of the population.
Kanhaiya Kumar joins Left parties stir against agri bills
Kanhaiya Kumar, a former JNU students union president, appealed to people from all walks of life to lend their support to the movement launched by the farmers.
Cyclicals to outperform and action to move to midcaps next year
Get ready for quite a few changes over the next several months, says Ridham Desai.
Prices have come back a long way but there’s hardly any euphoria
It pays to be optimistic when everyone is in panic and in any adversity, only optimism will take you forward, says Madhu Kela.
What is driving earnings growth for corporate India?
Prashant Jain explains why he expects a fairly broad-based earnings growth going forward.
This is the slog over, Budget must deliver growth: Nilesh Shah
In DDT, if taxation burden shifts from corporates to shareholders, the companies which are paying higher dividends will definitely get re-rated. Nilesh Shah, MD, Kotak AMC.
View: How the Modi govt can sell stake in PSUs one step at a time
The intention can be announced today, and a time-bound divestment should be carried out in the open markets.
Raghuram Rajan ko gussa kyu aata hai (with apologies to Pinto)?
Rajan stands in stark contrast with exemplary restraint shown by professional central bankers.
Govt's 'crony capitalism' causing economic crisis: Sitaram Yechury
Addressing an election rally in Dahanu segment of Maharashtra's Palghar district, he said the BJP and Shiv Sena need to be defeated to save the country and its citizens.
India's fundamentals are totally intact: Amitabh Kant, Niti Aayog
India has made itself a very complex place to do business over the years, says Amitabh Kant.
Against crony capitalism, not corporates: Rahul Gandhi
Not in favour of Aadhaar’s use for surveillance; discussions needed on reservations in private sector; will not force decisions without consultations.
Government wrote off Rs 5.5 lakh cr loans of its 'blue-eyed' boys, worst example of crony capitalism: Congress
Citing a news report, Congress spokesperson Abhishek Manu Singhvi accused the government of "favouritism".
View: India's crony capitalism claims another victim
SC verdict is a blow to RBI, which has been trying to tackle one of the world’s worst bad debt problems.
PM Modi hits out at 'family' at War Memorial event
The PM said all investigations in alleged defence scams — like the Bofors and the AgustaWestland — led to one “family”.
Mamata Banerjee is today's Rani Jhansi, won't kowtow to Centre: TMC
TMC leader Dinesh Trivedi drew a parallel between the central government and the pre-independence British regime alleging that both have used threats and intimidation to quell opposition.
ET Awards 2018: ‘Loot and Scoot’ model damaged banks, says Vice-President Venkaiah Naidu
“Freebies are not a solution. It is important to improve living conditions, create opportunities, reach the unreached, fund the unfunded and recognise the unrecognised — that is the way forward,” Naidu said during his keynote address at the Economic Times Awards for Corporate Excellence.
Load More