Deepak Parekh, chairman of Housing Development Finance Corporation (HDFC), India's largest mortgage lender, says the exuberance in industry about the new government is justified but big ideas articulated by the prime minister need speedy implementation.
What is Narendra Modi like? What is his politics about? What will he do? What are his priorities? Sheela Bhatt/Rediff.com speaks to Swapan Dasgupta to find out more about the man of the moment.
'No PM has said no to anything we have proposed. I am not a politician and I cannot give speeches about things, but a lot of good things have been done in science by previous governments.' 'Under Dr Manmohan Singh, we could do a few important things. I used to meet him once in 6, 8 weeks. He often said, 'Professor Rao, you assume that you have my approval and carry on.' He was shy and decent. He is a real gentleman.' 'Science keeps me going at 80. I feel young.' Professor C N R Rao, the eminent scientist who was honoured with the Bharat Ratna, on the state of science in India.
'Narendra Modi has had very good luck. Firstly, the fall of oil prices. You don't get that very often in your life and you certainly don't get that often when you are in government.' 'Secondly, the fantasy of Indian reforms has led to very strong capital inflows to have made his job much, much easier.' 'You ride the winds in times of fortune and he hasn't done that. At least, not yet.' 'Those winds of fortune which are blowing your way can certainly turn around easily. There are quite a few headwinds coming up. He may well, history will show, have missed the opportunities that existed.'
Mahesh Rangarajan, director of the historic Nehru Memorial Museum and Library in New Delhi, tells Sheela Bhatt how the first prime minister will always remain relevant, and the efforts being made to keep his legacy alive.
Prem Panicker, on the Rediff chat, delves on what went wrong for Team India and what to expect from Sunday's trans-Tasman World Cup final.
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