At current estimates, it will cost close to Rs 100,000 crore; who knows what the final cost would be since most mega projects suffer from cost overruns

Letters: Put needs of people first

Business Standard

Export-oriented exemptions can be abolished for direct taxes but not so for indirect taxes because that is for zero-rating of exports

Letters: Calibrating exemptions

Even as thousands of unmanned railway crossings often lead to accidents, our obsession with accelerating speed to benefit a privileged few exposes a pro-rich bias in public policy

Letters: Misplaced priority

On Sunday, President Pranab Mukherjee attended a function in Kolkata to celebrate the 125th birth anniversary of the country's first prime minister, Jawaharlal Nehru

Bad mix-up

Suresh Prabhu, Railways

Interview with Union minister for railways

We will create infrastructure where it serves a purpose: Suresh Prabhu

Sonia and Rahul Gandhi

Business Standard spoke to senior criminal lawyers Rebecca M John and K T S Tulsi to find out the legal intricacies of the National Herald case

A 'very weak case' but on Dec 19, Gandhis can be arrested

Image via Shutterstock

Backlog burden on lower courts

India's lower courts, burdened by about 25 million pending cases, need at least 12 years to clear the backlog

Expect many traffic jams in Delhi as the Congress party does what its quickly becoming best known for: disruption

Sonia, Rahul to defend charges of fraud in court

StatsGuru: How the fall in commodity prices have affected economies worldwide

As Table 1 shows, the price of oil has dropped below $40 a barrel - capping a long slide down from $115 a barrel in June last year.

Click on graphic

Business Standard analyses one family's finances and suggests a way forward

Case study

Apple iPhone

Yet, next year does hold some excitement, with various innovations planned

Phones that'll blow you away next year

Data Tracker: Rich, fit and healthy

What do Indian consumers aspire for? To get fit, stay healthy, spend time with the family and make a lot of money

With reference to Sunanda K Datta-Ray's column, "An extravagant thank you" (December 12), the Ahmedabad-Mumbai bullet train project at a cost of Rs 98,000 crore is not a viable one

Letters: Bullet trains not viable

With reference to the report, "Govt to abolish Plan, non-Plan expenditure classifications" (December 9), demand and supply of commodities fluctuate depending on product quality and market price in defiance of centralised budgeting. Hence, various segments of the economy incur unforeseen expenditure to ensure survival in a highly competitive environment. Product quality needs to be frequently reviewed as technological innovations are more frequent.This is the age of the consumer. Accordingly, income inflow will be along unplanned lines and market movement cannot be controlled by a uniform central planning strategy. Instead, states are better placed to manage resources as growth is more localised. This feature prevails in all segments of the economy - from the rural segment to retail trade and small, medium or large-scale industries. Accounting procedures have to be more simplified keeping in mind this feature.C Gopinath Nair, BengaluruLetters can be mailed, faxed or e-mailed to:The Edit

Letters: Simplify accounting

Anjuli Bhargava's piece, "Reformer, heal thyself" (December 11), is aptly titled and brings out the underlying issues in the draft aviation policy announced by the government

Letters: Lapses evident now

Congress has said the central government is practising "vendetta politics" and that the National Herald case against party president Sonia Gandhi and her son and deputy Rahul Gandhi is part of a conspiracy

Another booklet

With Prime Minister Narendra Modi meeting Pakistani cricketer-turned-politician Imran Khan

United opposition

Railway Minister Suresh Prabhu believes in plain speaking

No discount

Bullet train hopes

Stopping climate change will need political will

A non-binding agreement

Statspeak: Most annoying internet habits of Indians

As India's use of internet and social media expands exponentially, so does the rise of annoying internet habits

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