RBI policy surely cannot impact agflation, in any case.
The net worth of India's billionaire community has soared 12-fold in 15 years - enough to eliminate absolute poverty twice over in the country, where income inequality is also on the rise, according to the IMF.
The US government, that invested $49.5 billion in the Detroit automaker to save thousands of jobs at the height of the financial crisis five years ago, lost about $10 billion, Treasury Secretary Jacob Lew said on Monday.
At a time when major economies have increased spending, India will have to do the same.
President Barack Obama has said the US has "risen from recession" and has got better prospects of economic growth.
Media has gone beyond its traditional boundaries.
Globalisation with small government has not been a successful pairing.
Unbroken's first half might seem a little vexing but the second one is where the actors' performances really shine through, says Paloma Sharma.
Financial globalisation - or ultra globalisation - has done more harm than good to the majority of economies, say Anshuman Gupta & Karunakar Jha.
Top bankers have hailed the contributions of the outgoing Reserve Bank Governor Duvuuri Subbarao saying he did his best during a tenure that was marked by difficult times for the economy.
'What Trump and Kim have demonstrated is that leaders need not remain prisoners of the status quo and they can, by showing the necessary will and courage, break out of the hang-ups and constrictions of the past and carve out a new pathway for themselves,' says B S Raghavan.
B S Raghavan, a Chennai-based retired bureaucrat, lists here ten things that the Narendra Modi government is doing wrong.
A glimpse into the flamboyant life of Hugh Hefner.
'The time has come to incorporate Indian sociology into economic policy.' 'The first step in that direction would be to listen to economists trained in India and not just the US and the UK, argues T C A Srinivasa-Raghavan.
'An isolationist US and a disintegrating European Union will create a power vacuum that only China is in a position to fill -- a conclusion that is uncomfortable but unavoidable,' says Nitin Desai.
A big hit to China's growth or to Europe's financial system could certainly tip the global economy.
Nothing, according to Deepak Lal. He argues that the contemporary attempts to control immigration in the US and UK are not nativist.
'Make no mistake, depriving water deliberately to a nation of 190 million people is a repugnant idea.' 'The world community won't forgive us.'
The banking, oil and metal sectors were the top sectoral losers on the BSE, while IT stocks rendered support at lower levels.
The smallest of the Indian Motorcycle line-up comes packin' with a 1000cc V-twin, but how is it to ride? Benjamin Gracias took the Sixty out for a spin.
Such a move, Obama argued would attract larger foreign direct investment to the US.
Despite the headwinds both on the domestic and global fronts, Ramesh S Damani, member, BSE and a prominent investor, says India will weather a global trade war better than a lot of other Asian countries.
If the impact of the Greece crisis spreads across Europe and parts of the world which are more interconnected than ever before, India cannot hope to be insulated, says Paranjoy Guha Thakurta.
Some investors had speculated that the US central bank might put its plans on hold given the jitters overseas.
India has a long way to go to catch up with Thailand let alone the US.
Identifying Islamic State terrorists as uniquely brutal, United States President Barack Obama has announced that the country will lead a broad coalition to roll back the threat posed by Abu Bakr al-Baghdadi and his militia.
Given the relative rates of gross domestic product growth, the differential will increase.
'Today the Chinese think they can slap India, and there will be no consequences.' 'They must be made to feel the consequences through any and all means,' says Rajeev Srinivasan.
Instead of targeting global imbalances per se, the narrative must change to the structure and direction of such asymmetries.
We take a look at Time magazines top world leaders.
'The entire system acted as cheerleaders to Vijay Mallya. The RBI failed, the banks failed, the auditors of the banks and Mallya failed.'
'The original dream of people like Faiz was that Pakistan would be something different from the old India: Progressive, forward looking, democratic (if not socialist), tolerant, diverse and pluralistic.' 'I don't think anyone foresaw the catastrophe that Partition was to become.'
Based on the GDP numbers and the remarkable stability of the taka Bangladesh's Prime Minister, Sheikh Hasina, is a better manager than our 'economist prime minister',' says TVR Shenoy.
'What hurts people most is dynastic impulses and corruption under a family-ruled Congress party -- and Nehru has borne the brunt of it... I cannot be blinded by how the Nehru family has functioned but just as Gandhi can't be judged by his descendents, why should Nehru?' asks political scientist Ashutosh Varshney.
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