While Manmohan Singh had to deal with high oil prices, inflation and trade deficit, Narendra Modi is lucky as major threats have receded, says T N Ninan.
Recent defaults have made a section of traders contemplate moving towards promissory notes.
'We are against Alibaba investing in Paytm.' 'We are against the concessions given to Paytm.' 'In fact, we want Paytm to close down because of its alliance with Alibaba.'
'In the final analysis, all Budgets everywhere are like the schemes hatched by A A Milne's lovable Winnie-the-Pooh.' 'They may be well-intended, but often go awry.' 'Although Pooh and his friends agree that he 'has very little brain', he is occasionally acknowledged to have a clever idea, usually driven by common sense.' 'This Budget at a first glance does not appear to belong to that latter category,' says economist Shreekant Sambrani.
Sanjeev Nayyar travels across India from Barmer to Arunachal to Mahabalipuram, and comes back humbled and impressed with the women he interacted with through his journey.
In an emotional response to Prime Minister Narendra Modi's jibes at her Italian origins, Sonia Gandhi on Monday said India is her home and "it is here that my ashes will mingle with my loved ones".
FM he did not come down hard on Rajan to cut rates
We remain at the mercy of the global economic climate.
India's macroeconomic situation has benefited from oil prices' decline.
Never one to mince words, Rajan will walk away with a mixed legacy
Minister of State for Petroleum and Natural Gas with independent charge Dharmendra Pradhan on the controversy over the government's use of Hindi in the social media and how the government is going ahead to execute its plans to honour the 60-month mandate it has been given.
Many investment options once seen as safe havens are presently out of sync
Technically speaking, US equities have seen net losses since January. India is strongly influenced by US trends.
For equity investors, the risk-to-reward ratio is worsening.
The sugar industry clamouring for control and intervention should set the alarm bells ringing in the corridors of power.
'Modi as the PM of the country has to take everybody on board and deliver on good governance. That is his responsibility. In that talking alone won't help, he's working.' Commerce Minister Dr Nirmala Sitharaman tells Sheela Bhatt/Rediff.com how the Modi government plans to change India.
The latest results suggest Tata Steel Europe may have lost pricing power, though production and turnover are up.
"The poor will not suffer disproportionately due to bouts of sharp inflation, and the middle class will not see its savings eroded," Raghuram Rajan said.
The principal challenge for Rajan's successor is to work with the Bank Board Bureau and the finance ministry to complete these processes of banking reform.
The 30-share Sensex jumped 729 points to end at 28,076 and the 50-share Nifty soared 217 points to end at 8,494.
'Rahul Gandhi accuses the Modi government of being in thrall to corporate fat cats at the expense of farmers and other common folk. But the facts do not bear out this argument, as Indian farmers are relatively better off compared to the really wretched of the earth, the unfortunate landless, often itinerant, labourer. And since Rahul's ancestors are the ones who failed them, it is a little disingenuous of him to ignore them in his rhetorical flourishes,' says Rajeev Srinivasan.
The chaos on its stock markets, a fierce battle between the old and new guard in the Communist Party and the restive border provinces of Tibet and Xinjiang forebode tough times ahead for China, says Claude Arpi.
Should the party expand to Punjab, Bihar and other places, or should it consolidate its gains in Delhi? This was one of the questions before the party when it split sometime back. An answer is yet to emerge.
Shankar Acharya gives ten predictions on key politico-economic developments in the world and ten for India.
The new series claims GDP grew at seven per cent between April and June 2015, while gross value added (GVA) grew at 7.1 per cent.
'If there is any industry that is unfit for modern corporate form it is the diamond trade.' 'But no one was asking the right questions.' 'The music was playing and so the game was on,' says S Murlidharan, former MD, BNP Paribas.
'As China rises and India grows to reclaim their earlier positions on the world stage as two of the largest economies and most important countries, there will indeed be some contention between these two powers.' 'There will also be plenty of space and room for cooperation amongst the two of us.' 'As our economic size increases to match the fact that we are the two most populous nations on earth, it will be all the more important for us to keep the interests of our peoples as well as those of the rest of the world in mind.' 'We shall have to grow together rather than as separate and disparate entities,' points out Ambassador Gautam Bambawale -- who served as India's ambassador to China -- in the 7th annual lecture of the Indian Association of Foreign Affairs Correspondents on March 1, 2019.
A senior political commentator has said that Tamil Nadu Chief Minister Jayalalitha is the modern 'Mahishasur Mardini' who has taken birth to trounce the Congress in Tamil Nadu.
Many things are going unnoticed by India watchers.
As many as 3,268 title deeds in Sebi's possession would undergo scrutiny and be prepared for sale.
RBI governor Raghuram Rajan has slashed rated by 50 bps.
The new push is being driven primarily by over 170,000 villages where household income is over Rs 1 lakh a year.
'You cannot treat workers like beggars.'
India' can't succeed unless it is made easier for people to do business.
India may be at the fag end of a downcycle that has lasted over 7 years
India's share of 2015 emerging market allocations will be driven by FII perceptions on likely growth and reform.
'People are trying to save money because of uncertainty and insecurity.'
A cross-section of people from Tamil Nadu speak of their expectations from Narendra Modi.
Faced with sluggish economic growth and dwindling exports, China on Wednesday devalued its currency for the second consecutive day.
It is by now quite clear that in all likelihood the US Federal Reserve will hike interest rates in its next meeting in mid-December.