There is an acute imbalance of power between the various organs of the State, including the executive, the legislature, the judiciary, and the ultimate sovereign -- the people, argues R Jagannathan.

Here's what could be ahead for India: A $10-trillion economy by 2030-32, a Sensex at 1,00,000 by 2025, monthly GST revenues at Rs 2 trillion by 2024-25, 100 new unicorns by 2025, and poverty below 5 per cent by 2030, predicts R Jagannathan.

While payments banks surely lose money, their operating ratios were looking better in 2017-18 compared to the year before. This implies that as customer volumes start picking up, the business models may perk up too, says R Jagannathan.

The use of RBI capital to strengthen public sector banks will have many positive implications for the economy -- and a few manageable downsides, points out R Jagannathan.

'This may be good news for Rahul Gandhi, for no matter how Modi performs, there will always be some degree of dissatisfaction with his performance among large sections of voters,' says R Jagannathan.

The judgment in the 2G case is a huge, huge, indictment of the criminal investigation and justice system, says R Jagannathan.

The narrow win in Gujarat can be contributed to Prime Minister Narendra Modi with his no-holds-barred approach and party president Amit Shah who plays to win and knows that there are rules to be followed when suited and broken when needed.

BJP's overwhelming win in UP shows that 2014 was no fluke, says R Jagannathan.