The problems are being compounded by perceptions that India is ill suited to defend the currency in the near-term.
A government panel on Tuesday proposed raising foreign investment limits in sectors like defence, multi-brand retail and telecommunications, to spur investment in the country and tide over the Current Account Deficit woes.
At least 40% of a product must be manufactured in India for it to qualify for the Indian Designed, Developed and Manufactured category.
The founder of the Republican Hindu Coalition first attracted attention in the US as the "Punjabi tycoon" who was a huge supporter of Narendra Modi in the US. 'He will be best for India. There is no better ally for the US than India in the region,' Shalabh Kumar tells Rediff.com's Vaihayasi Pande Daniel.
Prime Minister Narendra Modi on Friday said his government has carried out major reforms -- including labour reforms and reforms in insurance and defence sectors -- 'in less than 100 days' and stopped reversals Indian economy had been facing.
Despite four disarmament section talks and six strategic dialogues between the two foreign ministries, China's intransigence on recognising Indian nuclear status resulted in no confidence building measures in the nuclear field between the two, says Srikanth Kondapalli.
'We are no longer striving for a strategic partnership. We have arrived at one.'
'Despite frequent high-level interactions there has been little traction on substantive issues between India and France,' says Mohan Guruswamy.
Defence Minister Manohar Parrikar expects to see progress in India-US defence relations at the speed of a year per month.
Prime Minister Narendra Modi's initial weeks in office and the composition of his national security team give a sense of his government's foreign policy and national security priorities, says Harsh V Pant
If it was true that Maharashtra Chief Minister Devendra Fadnavis held up the flight to Newark to ensure that Praveen Singh Pardeshi, the state principal secretary, was on board, he had at least one excuse...
'The RSS doesn't intervene, interfere or try to dominate government policy-making... The responsibility of running the government is entirely in the hands of the BJP.'
'The India-France relationship has been that of the elites of two countries, who appreciate each other's philosophical traditions -- whether it is ancient Indian civilisation and Sanskrit texts or the French tradition of Rene Descartes, Albert Camus, (Jean-Paul) Sartre... This is a drawback. It doesn't create the buzz, the excitement necessary for a relationship. We need more people-to-people contact, especially among students,' says former Ambassador to Paris, Rakesh Sood.
'In the past the US has been reluctant to name Pakistan directly in an US-India joint statement.'
'What should worry India and which needs to be expressed is Russia's simultaneous proximity to both China and Pakistan from a strategic angle. That hasn't happened ever before,' says Lieutenant General Syed Ata Hasnain (retd).
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The nomination of cluster heads for defence, infrastructure and finance business is awaited.
Most top industrialists rate PM's first 100 days in office as 'good', primarily due to his intentions, not concrete policy measures.
Prime Minister Narendra Modi on Tuesday came out strongly against Pakistan for continuing its proxy war of terrorism against India, saying it has lost the strength to fight a conventional war.
The Budget has evoked mixed reactions from Silicon Valley investors.
Vietnam is a key player in India's act east policy under Prime Minister Narendra Modi. From India's perspective, a strategic partnership with Vietnam will only deepen political, economic, and security ties and be a bulwark against China, say Melissa S Hersh and Dr Ajey Lele
Being a pragmatist Modi is not likely to give preference to China over Japan. Both security and economic aspects are likely to shape Modi's decision in terms of engaging the two biggest economies of Asia, says Sana Hashmi.
Accusing the United Progressive Alliance government of "heaping hardships on people," Tamil Nadu Chief Minister J Jayalalithaa flayed its "knee-jerk" reaction of increasing Foreign Direct Investment cap in different sectors and warned that its "insensitivity" towards people will take its toll soon.
'To expect that he has a magic wand to resolve all differences and announce breakthroughs in all issues during his first visit to the US is to be unrealistic,' says Ambassador T P Sreenivasan.
India and Japan are natural partners at sea, and Narendra Modi's recent visit underlined the need to keep the association going
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Modi government has taken some interesting policy decisions in the 100 days since the time he met President Pranab Mukherjee to present his claim as Prime Minister of the world's largest democracy, says Tanmaya Nanda.
Indian Prime Minister Narendra Modi who envisioned Make In India last September was at his eloquent best as he made a fervent plea to global businesses to come Make In India.
An excerpt from Conde Nast India's Make In India magazine.
INS Vikramaditya is not the only thing on Defence Minister AK Anthony's agenda during his current visit to Moscow. Also on the anvil is the Fifth Generation Fighter Aircraft joint development project which, if finalised and signed, could emerge as India's largest joint defence programme costing around 11 billion dollars, reports Nandan Unnikrishnan.
'Under the present Defence Procurement Procedure, it would have been a nightmare, and a long, long one at that, to build 108 Rafales in India. Modi realised this and took the wise decision, though it is a definitive setback for his Make in India scheme.'
'Make in India' will be central to Mr Modi's visit to Europe and Canada. It is difficult to predict what will happen with the Rafale deal, but if it goes through, it will undoubtedly become the 'Mother' of all 'Make in India' projects,' says Claude Arpi.
'People residing in the enclaves have led completely isolated lives. They are stateless, have no official identity proof.' 'It is significant that Modi, Banerjee, Sarkar and Gogoi, despite having different political ideologies, are walking in tandem for the cause of the people residing in the enclaves.' 'If the LBA betters the economy of India and Bangladesh, there will be less turmoil in both these countries.'
The forthcoming budget is an excellent opportunity for the Government to fulfill its promise of high economic growth.
'The armed forces have been given clear indication that they have to give priority to Make in India and indigenisation and dependence on foreign source should be reduced.' 'Almost Rs 90,000 crores contracts have been signed during my tenure. Another almost Rs 70,000 crores are in the pipeline.'
Eminent business journalist and author Tamal Bandyopadhyay discussed Budget with rediff.com readers on Tuesday.
The industry's reactions to the Budget have been mixed.
This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India.
'Those who have seen the functioning of the Modi government in Gujarat know that the issues related to Hindutva and issues of economy and growth function simultaneously.' 'Modi's politics are based on the understanding of the middle-class consumer society which is in pursuit of material aspirations.' Sheela Bhatt/Rediff.com reveals the Modi government's economic and political plans for the year ahead.
The second and final part of former cabinet secretary Naresh Chandra's interview to Sheela Bhatt.
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