The friction with the political class is not only about interest rates and monetary policy. While the government often spoke freely about its discomfiture, the RBI had to be careful even in its response to the government as any loose statement would affect the markets.
We must see New Delhi's position as a signal of competition to the Chinese grand design for the 21st century world, says Nitin Pai.
Today, it is modish to be part of a yoga class, to post stories on Instagram while striking an impressively complex asana in a bralette and crop-top paired with neon yoga pants, to bond over green tea and yoga bars after a strenuous session at the studio and have subscriptions to yoga studios, not ashrams, says Manavi Kapur.
Public resources are scarce and need to be used well.
'Modi's decision to hold out an olive branch to Sharif within 48 hours of the 'surgical strikes' has been a timely move as it helps tensions to 'de-escalate',' says Ambassador M K Bhadrakumar.
Gold has pushed lower as a result of Chinese selling.
The finance ministry has put out a revised draft in public domain.
Sidestepping Chinese opposition, United States President Barack Obama will meet the Dalai Lama at the White House on Wednesday, a move likely to infuriate China which considers the exiled Tibetan spiritual leader as a separatist.
India's main security concern now is an assertive China, which does not acknowledge its status as a global player, and not the increasingly decrepit state of Pakistan, according to an American think-tank.
LGBT citizens also enjoy the right to privacy, right to equality and above all, right to life, like any other citizen, writes Sharad Sharma.
'Embedded with the divisive regime, they administer heavy doses of the opium of religion and nationalism day in and day out,' observes Mohammad Sajjad.
At least six affiliated state units, including Rajasthan Cricket Association (RCA), have sought an emergent working committee meeting of the Board of Control for Cricket in India on Sunday to discuss matters related to the Supreme Court case regarding the IPL spot-fixing and betting scandal.
Duvvuri Subbarao recounts how his tensions with P Chidambaram and Pranab Mukherjee, then finance ministers, over monetary policy spilled over into other issues in the central bank in this excerpt from Who Moved My Interest Rate?, his memoir of his term as Reserve Bank of India governor.
'There are so many dimensions to history that we need to attend to: We need more space for local and regional histories; we need to delve into the histories of particular communities; we need to emphasise gender history and environmental history.' 'We need to think about India's history beyond India's current borders.'
'This army has lost Pakistan's territory, ideology, financial and intellectual capital, ruined its institutions, democracy, the respect for its passport and, like it or not, reduced its status to a globally acknowledged university of jihad,' says Shekhar Gupta.
The Indian economy was on an impressive growth path through the first decade of this century till it was brought to an abrupt halt by the policy inertia during UPA2 and the Modi government's inability to restore economic and financial momentum. Fascinating glimpses of what went wrong from Puja Mehra's must-read book The Lost Decade: How India's Growth Story Devolved Into Growth Without A Story.
Modi is optimistic that the reforms will be passed soon.
The fight over FYUP is between a highly controversial decision taken during the United Progressive Alliance rule and how the National Democratic Alliance government perceives it and how it is determined to resolve it in its own way, reports Sheela Bhatt.
A Supreme Court judge has clashed with the Chief Justice of India over holding of a three-day long judges conference during the holy period for Christians as the meet began on Friday in New Delhi to deliberate on problems facing judiciary.
'If credit is not available, people will postpone buying. That's what has happened.'
As the global economy sways into uncertain territories and domestic prices almost certain to rise, Raghuram Rajan's ideas would have come in handy.
The Reserve Bank of India has formulated strategic polices to enhance growth in banking sector.
'Poor home work, and a subsequent loss of nerve.' 'This sums up the Modi government's current travails, the stall in key sectors, fading momentum, irritability,' points out Shekhar Gupta.
The middle class's long push to force the state to retreat from the economy may be reversing, says Ajit Balakrishnan.
'The problem here is not that one community's deity has suddenly become another community's meal.' 'Hindus and Muslims have been peacefully coexisting with their cows for centuries now.' 'The problem here is that a section of Indians has been suddenly made to realise that it makes great political sense to degrade each one of the 170 million Muslims to a potential cow-killer, lynch a few of them to keep the heat on, polarise and win elections.'
'I would say it is not going to be days and weeks. It is going to be months and years, over which we would make an assessment on the decisions taken by the Parliament at this point of time. 'We are in for a long haul is what I would say.' It was a very diverse India, which was coming together, politically, in a very cohesive, democratically-resilient way." Professor Navnita Behera examines the wisdom of the exit of Article 370 in Jammu and Kashmir.
Upasna Pandey/ Rediff.com spoke with senior professors and students who pointed out the inherent flaws in the existing sexual harassment grievance redressal mechanism at the institution and university level.
'Growth is predicated on the misery of large sections of people.' 'Maybe Hindutva will be used to suppress any such unrest.'
'This novel format of diplomacy -- the informal summit -- will not only facilitate bilateral communication and reduce miscalculations at the very top level of the two governments, but possibly open the space for China and India to speak in one voice on various issues of mutual concern,' note Feng Renjie and Ding Kun Lei
'If Indira Gandhi's Emergency proved anything at all, it established that India would be governed, to the extent it can be governed, democratically or not at all,' says Inder Malhotra.
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Beating of war drums, would further accord primacy to the army in Pakistan. A better approach would be to continue the talks for normalisation of trade relations, while giving the Indian forces autonomy to strike at militant camps across the LoC, says Alok Bansal
'There is gradual rise in the number of nations viewing Pakistan as the nursery of global terror.'
'When there is no middle ground possible between the government and the governor, the governor has to go.'
Physical security for women, the first step towards getting them into factories and offices, is all but absent in most Indian cities, notes Kanika Datta.
'The Insolvency and Bankruptcy Code is neither beneficial to banks nor helpful for the borrower.' 'Genuine people who are caught in economic stagnation will lose everything and thousands will lose jobs.'
'China's deep involvement in the stability and economic and political success of Pakistan actually produces some elements of congruence with India's core interest in a stable and productive relationship with Pakistan.' 'It is not far-fetched for us to pursue that congruence and with ingenuity work out with China a formula that also satisfies our formal position on PoK,' argues Ambassador Kishan S Rana.
Raghuram Rajan rejected the argument that inflation has come down largely because of "good luck" stemming from low oil prices.
'There is core BJP support on the Hindutva line. It will continue.' 'Along with that, the BJP is ready to play the OBCs trifurcation card to its benefit.' 'If you see the post-Kairana result, the BJP spokespersons and IT cell have already begun talking about Hindu unity against Muslim unity, Ram vs Allah.'
Fencing the border between Myanmar and Nagaland is expected to adversely affect the Naga tribals. Gautam Sen, an expert on Nagaland, explains why the Indian government needs a more comprehensive and long-term perspective on this issue and why it must take local tribal sensitivities and customs into account.
The best way for the railways to become more professional will be to get corporatised.
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