The currency market won't care for our moans, groans, cries and sighs. The rupee will find its own level, explains Tamal Bandyopadhyay.
But an unimpressed finance minister plays King Canute.
India's Next Top Model winner Danielle Canute shares her winning story with Rediff.com contributor Rajul Hegde.
What is killing the risk appetite of the bond buyers is the inconsistency in the central bank's approach. It needs to allow the yield to find its own level, gradually. To ensure that, the RBI may adopt a similar approach with which it handles a slipping rupee, asserts Tamal Bandyopadhyay.
'Our first great challenge is to create 12 million new jobs each year, to make the demographic dividend an economic dividend.' 'We are nowhere near that,' points out Mohan Guruswamy.
Kanika Datta explains why the Modi sarkar is gunning for non-profit organisations
'I see you as a man who has split the nation into two. Vajpayee or even Advani would hold it together. One senses you cannot do this. To heal, to apologise, and to glue together a nation seems beyond you,' Shiv Visvanathan tells the BJP's prime ministerial candidate.
'How many people have been skilled up and thus able to escape from needing to be in NREGA? The true success of NREGA would lie in its irrelevance -- that is, people no longer need it as a crutch.' 'NREGA should enable them to climb out of poverty and stand on their feet.' 'But this is expressly forbidden by NREGA rules. Skill development, which is what India needs more than anything else, appears to be outside the purview of NREGA,' points out Rajeev Srinivasan.
