Upfront

Upfront

$85 billion what the Indian government expects to fetch after the Union Cabinet approved the base price for the country's largest spectrum auction to date

Subramaniam Swamy [Photo: Ajay Thakuri]
Team BT
  • Delhi,
  • Jun 25, 2016,
  • Updated Jun 29, 2016, 12:42 PM IST

"Who said to US Cong on 13/3/13 the US should act against India to defend US pharmaceuticals interests? Arvind Subramanian MoF !! Sack him!!!"

- Subramanian Swamy, tweets targeting Chief Economic Adviser Arvind Subramanian, after ensuring RBI Governor Raghuram Rajan's exit

"Opening up sectors like retail, defence and pharma to FDI and by relaxing norms is 'betrayal' to people of the country"

- Ashwani Mahajan, National Co-convener of RSS-affiliate body, Swadeshi Jagran Manch, on the Centre's decision to relax FDI norms in nine sectors

India in Top 10

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Flash in a PAN

To cripple and check the activities of wilful tax defaulters, the Income Tax department has decided to block their PAN, get their LPG subsidies cancelled and take measures to ensure they do not get loans - hitting them where it hurts most!

Wal-SMart

E-commerce giant Wal-Mart sold its Chinese online grocery store, but bought a 5 per cent stake in the country's no. 2 e-commerce firm and Alibaba rival, JD.com Inc, for $1.5 billion. The US company is also shutting down some of its 400-plus underperforming brick-and-mortar stores in China

Pay Scale Tilts Towards China

India might have pipped China as the fastest growing economy, but only 16 per cent of the Chinese are not satisfied with their salaries compared to 28 per cent Indians, says the Michael Page Job Confidence index survey

Read more!
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