M V Subramanian says there is an imperative need for collective responsibility to tackle inflation, prices and availability of essential commodities, and not rely on inflation targeting alone.
Banks get bonds boost to raise funds for core sector; up to Rs 50 lakh of home loans in metros and Rs 40 lakh in other cities not to have CRR, SLR requirements
Manmohan Singh, reveals the former President, was keen that either P Chidambaram or Montek Singh Ahluwalia be the finance minister.
One thing is certain: Demonetisation has broken the back of terror funding, says Colonel Anil A Athale.
'Demonetisation, is in principal, a mistake, because it involves a theft -- a taking of private property by the State.' 'It is one of those bad Indian ideas that has been tried twice in the past, with two failures for the record books.' 'This cloud over the economy will probably remain as long as Modi is in power.'
Readers tell us how they are managing without cash since November 8.
India's salvation lies in job creation by entrepreneurs, say Manish Sabharwal and Ashok Reddy.
'The reason why we don't have an escalation of war like in 1962 is because in 1962, we didn't have this connectivity.' 'Whereas today, we have lots of incentives to stay stable and connected to China even though we still have that political rivalry.'
'My brave JCO managed to get to the gun, sit on top of the dead man and fired away at the attacking aircraft till they melted away into the darkness.'
HFCs and banks expect a drop in demand for housing loans in the short-term.
Air India buyer has to take over interest-bearing debt of Rs 16,500 crore a large portion of which is aircraft related, meaning they are backed by aircraft value
His finest years came when he served as deputy governor under C Rangarajan.
There are some advantages of a falling rupee.
India's majoritarian regime is now making a dangerously fast-paced move towards theocracy, like its western counterpart did a few decades ago, warns Mohammad Sajjad.
There will be higher charges for bank account-holders.
Gains were led by Tata Motors amid robust sales in June along with select financials.
Tax Guru Anil Rego answers your personal income tax queries
'Nehru's hegemonic politics has been responsible for many ills, which undoubtedly includes Kashmir'
For a few minutes, Nanjappa was on the road pleading for help while passersby looked on in horror. Some filmed his severed body, while others quickly informed the police, who dispatched an ambulance to the scene.
Not only is your privacy stripped stark naked, says Mitali Saran, the system itself is illegal and vulnerable.
Or, what will the Indian policy process allow it to be, says Ajit Balakrishnan.
'Our network somehow saves 3,000 lives every year, but there's so much more to do, as every death due to shortage of blood is easily avoidable.'
Ways on how consumers can maximise benefits.
In an hour-long chat on rediff.com on Thursday, A K Prabhakar, senior VP and Head -- Equity Research (Retail), Anand Rathi Financial Services Ltd, discussed the best stocks to put the investors' money in.
'The news that the once dashing, absolutely handsome, utterly charming Shashi Kapoor is no more makes me feel terribly sad.' Aseem Chhabra, author of Shashi Kapoor: The Householder, the Star, pays rich tribute to the iconic actor.
The Aadhaar Bill passed during Budget session last month, overruling amendments moved in Rajya Sabha.
The observation came in a judgment by which the court quashed criminal charges against bank employee Devidas Ramchandra Tuljapurkar.
'Success will require political skill, not just economic expertise'
The India growth story is still intact, and fall in the Indian stock markets is an imported one and if the government succeeds in legislating the GST and Land Bill, India could yet emerge as a winner believe stock market experts
'If standing in a bank or ATM line is a test of patriotism, why is not a single leader standing in that queue too?'
Besides foreign flows, corporate earnings and US Federal Reserve chief Janet Yellen's testimony to the nation's legislature are also likely to impact investor sentiment.
The focus is on corporate results at one level but global news will also have an impact
Discounts could be luring but onus of due diligence is always on buyer
Markets gained for the second straight session to kick-off the September F&O series on a robust note.
'I can confidently say there will be another financial crisis soon enough, and probably more than one global crisis within the next century, given the increasingly integrated nature of the global economy.'
'Just as the BJP has been harnessing the power of religion for political purposes, Modi needs to harness the power of religious and corporate institutions for poverty alleviation,' says T C A Srinivasa-Raghavan.
'By not even acknowledging China's occupation of Indian territory Modi signalled to Beijing that he was not prepared to used forceful means to vacate the Chinese occupation, and that his government was reconciled to this loss of territory and accepted the fait accompli engineered by the PLA.'
... And sometimes, that's enough, says Sreehari Nair.
Rajan, who has also served as chief economist at the International Monetary Fund (IMF), said he had no idea what statistics are pointing at currently and "a revamp" was needed "to really figure out what India's true growth rate is".
Nandan Nilekani and his wife Rohini are trying to improve education across India.
