It is a curious situation. On one hand, the government limits supply of gas

Reliance power-owned Sasan Power may have tied up Rs 14,550 crore of rupee loans from a clutch of banks led by the State Bank of India (SBI) to achieve financial closure of the 4,000- MW ultra mega power project (UMPP) at Sasan in Madhya Pradesh, but the company is already scouting for foreign funds to replace at least 50 per cent of the debt at the earliest.

The renewable energy industry is built on dreams. One of the fondest of these dreams is to produce a renewable hydrocarbon fuel, so that we can continue driving our cars without feeling any guilt. It is a dream that fuels several hundred companies globally, a large number of them in the US.

The briefcase that acting Finance Minister Pranab Mukherjee carried to Parliament on 16 February must have felt incredibly light: all he had to do was present only a vote-on-account budget for the next three months, rather than a full year

Governments present budgets to show they are financially responsible. Our government presents them to show its financial irresponsibility. It had told Parliament a year ago that it proposed to spend Rs 7,51,000 crore. A year later, Pranab Mukherjee said it would end up spending Rs 9,01,000 crore

Dato

Having excluded union territory-turned states Delhi and Goa from the overall state competitiveness rankings, it was impossible to ignore the National Capital Territory (NCT) Delhi or rather the bigger whole that is the National Capital Region. The NCR is unique because of the intensity of population and its huge purchasing power as well as the agglomeration of businesses.

What do multinational companies such as Nokia, Hyundai, Ford, Samsung, Caparo and Adidas have in common in India?

Maharashtra has proved to be the slow but steady winner. On the surface a proverbial tortoise without any flashy attributes, the state has performed as well as a long-haul horse in a gruelling race. The study of the Institute for Competitiveness has adjudged Maharashtra to be the No. 1 state in overall business competitiveness.

Competitiveness at the regional level is as paramount as at global or national levels. The nation has to work as a summated function in satisfying the dictums of success and gauge the anatomical significance of the individual parts in the survival of the aggregated whole.