A total of 1,203 candidates, including 109 women, are contesting for the 140 assembly seats in which a total of 2.61 crore voters are eligible to exercise their franchise.
The PNB fiasco falls into a family line that involves non-fund limits - read contingent liabilities which are off-books. Harshad Mehta did it with bankers' receipts in 1992. Ketan Parekh exploited the ignorance of bankers who did not know the difference between a cheque and a pay-order. And the RBI blinked when it failed to insist the SWIFT platform be linked to the core banking solution. Raghu Mohan & Abhijit Lele trace the banking mess that was just waiting to happen.
The Bharatiya Janata Party on Wednesday accused the Congress of misuse and manipulation of the CBI to target it in the Ishrat Jahan encounter case, which it termed as a "political conspiracy".
The agency has registered a case against Roy, his wife Radhika and RRPR Holdings for allegedly causing losses of Rs 48 crore to ICICI Bank, CBI sources said.
Stating that the Third Front has no policy or commitment, senior Bharatiya Janata Party leader M Venkaiah Naidu on Wednesday termed the 'alternative' combination of parties as a "parking slot."
The BJP scripted history by opening its account in the state assembly.
In January Amit Shah launched the 'Bhag Mamata Bhag' programme in West Bengal. On Monday Prime Minister Narendra Modi rolled out the red carpet for Chief Minister Mamata Banerjee. What changed in two months?
The chief minister skipped meals and remained awake the entire night on a makeshift dais along with some senior ministers and party members.
Elections in Gujarat, Himachal Pradesh, Karnataka, Chhattisgarh, Madhya Pradesh and Rajasthan will see the BJP and Congress in direct contest.
IIM-B, professor R Vaidyanathan talks to Shobha Warrier about black money, Mudra Bank and Jaitley's Budget.
In private, AIADMK spokespersons say that the raid on Chief Secretary P Ramamohana Rao might be aimed at weakening the AIADMK, and demotivating the party from selecting/electing Jayalalithaa's confidante, Sasikala Natarajan, as her successor -- first as party head then possibly in the government, says N Sathiya Moorthy.
Two lessons from the closure of the Barak investigation: be careful with investigations, and buy from the US or Russia through transparent protocols. Premvir Das examines
Over 20 political parties, except the Biju Janata Dal and the Communist Party of India-Marxist-led Left Front, took part in the massive rally.
Mihir S Sharma outlines why this year's Union Budget does not respond to the needs of India's economy, or attempt to frame the economy's future.
Having made farmer suicides a campaign issue, Modi and the BJP should have no complaints in now having to live with it, says Aakar Patel.
The year threw up quite a few shockers, some rather rude one. Below are Rediff.com's 12 picks that made us sit back and think, 'Did that really happen?'
'A master politician who excelled in the politics of intrigue, Subash Ghisingh kept winning election after election, sending a clear message to the state and central governments that he remained the undisputed king of the Darjeeling hills.'
'A plausible American tactic,' Rajeev Srinivasan suspects, 'would be to try and prevent the BJP and Modi from coming to power by splitting the anti-Congress vote using the AAP, and in case that fails, to follow up with a Plan B to make India ungovernable, to create mass conflict through their agents.'
Veteran Communist Part of India-Marxist leader Mohammed Salim in an interview with Rediff.com's Indrani Roy speaks about volatile atmosphere in Bengal this election season, the prospects of the Left and more. Edited excerpts:
Hein Kiessling has the kind of access in Pakistan that journalists (and spies) would die for, says Kanika Datta.
The issue of lynchings resonated in the Rajya Sabha; while in the Lok Sabha, the Opposition accused the government of not being sensitive towards farmers' issues.
Maharashtra Chief Minister Prithviraj Chavan makes a gallant attempt to deflect accusations against the United Progressive Alliance's record in his freewheeling conversation with Business Standard's Aditi Phadnis over lunch.
'He has terror charges against him. And for an army officer, it's just terrible.'
The Indian Army and more recently the Indian Navy have already set up dedicated intelligence branches. It is surprising indeed that the IAF, where real time and timely intelligence is most vital for effective and safe prosecution of the air war, has still not done so itself, says Group Capt (retd) P I Muralidharan.
Faced with the crisis of governance, the UPA's desperate strategy appears to be to communalise the polity and change the electoral agenda, says Arun Jaitley
'The path to a resolution of the ethnic conflict is likely to be complicated and controversial with the majority Sinhalese community, and will become less likely if delayed.' 'It will certainly give Rajapaksa fresh political oxygen with which to revive himself and rally the opposition.'
With only one day left, the Winter session of Parliament is on the verge of a washout as it failed to transact any business again on Thursday.
'How come with Nehru at the helm, India missed so many buses? He had such unchallenged power that he could have taken the country in any direction he wanted. The sad conclusion is inescapable that Nehru let things drift in true Hamletian ambivalence,' says B S Raghavan.
'Modi's more than dozen interviews are helping him fine-tune the rough edges of his campaign. He is trying to influence floating voters, undecided voters, non-committal and caste-neutral voters into deciding whether to go for the Lotus or not. These could have been Congress voters, but its divided house, torn between the old guard and Rahul Gandhi, seems to have got completely confused.' Rediff.com's Sheela Bhatt lists what the Congress did wrong to find itself in such a sorry mess today.
'India is no longer the India of the '70s and the '80s.' 'It's a large country with the fastest growing economy.' 'In working with India, you just can't go and humiliate the nation publicly.' USIBC President Mukesh Aghi tells Aziz Haniffa/Rediff.com about how he advises American companies to do business with India, what he thinks of Modi's government and the way forward for the India-US relationship.
'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.