The earlier attempt by the authorities in Dhaka that Islamist militancy had not established a presence in Bangladesh will now have to be given up.
In March, Tata Steel announced its intention to sell the entire 10.5 million-tonne UK assets.
Prime Minister Narendra Modi defended Mr Rajan, but it would be debated why he took so long to dub criticisms like those against the RBI governor as improper.
'This has to be seen in the context not only of the legacy we inherited, but also of global economic weakness.'
'If after inheriting the very bad situation we have reached this level despite consecutive years of drought and no growth in the world economy, it is no accident.' 'It is a result of the sound macro economic policies followed by this government.' 'We have eschewed populism and stuck to a path of fiscal prudence.'
India has not made the giant leap that was needed.
An early choice will also allow Mr Rajan to do some hand-holding.
The recent revelations come six years after another round of tapes stole the limelight.
While Raghuram Rajan's departure under these circumstances is a pity, it would be wrong to conclude that the RBI or the economy cannot do without him.
Fiscal federalism should not be sacrificed at the altar of GST.
Mr Swamy has written letters to the Prime Minister's Office asking for Mr Rajan's services to be terminated.
India has not been able to compete with countries such as Bangladesh and Vietnam.
Sales of Apple's smartphones in China have suffered a setback.
Every class of passenger travel, except three-tier AC, loses money.
Bihar expects transfers from the Centre to grow 28 per cent in 2016-17.
What came to the rescue of the IIP numbers in February were mining and electricity.
The vehicle will not be available until end-2017, or later.
It is unlikely that the RBI will drop rates until the inflation rate drops below five per cent.
The tragedy comes at a particularly sensitive juncture.
E-waste accounts for 70 per cent of Indian landfills.
