Chief Economic Advisor Arvind Subramanian's interview.
Don't get carried away by the initial success of an idea. You must be open to change, be ready to tweak or make a strategic shift, if the market demands that you do it.
'As the first leaders of their respective countries born after Indian Independence and the Chinese Liberation, Modi and Xi would be expected to have the ability to overcome the traditional mindsets and the hierarchical nature of their official/bureaucratic establishments,' say Alka Acharya and Jabin T Jacob.
'The government must understand that the Indian Railways is like a Kamdhenu cow. It can look after your GDP, it can look after the health of the nation. But the Kamdhenu cow also needs nourishment.' 'You have not at all looked after the Indian Railways, you have ill treated the Indian Railways, you have mistreated the Indian Railways and you have given the Indian Railways step motherly treatment.' 'I don't think this government has understood the Indian Railways.'
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.
On the occasion of Chinese New Year, we bring you a look at what 2015, the Year of the Sheep has in store for you!
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