Of the 40 CEOs polled from across the country, 60 per cent identified a fractured electoral mandate as a bigger risk than trade wars, volatile oil prices, and inflation.
Owing to Finance Minister Nirmala Sitharaman being new to her role, a number of crucial announcements in the Budget bore Garg's imprint, especially the decision to borrow in overseas markets, reduce the fiscal deficit as a percentage of gross domestic product, and resort to off-Budget borrowing to meet that target, says Arup Roychoudury.
Rules for market infrastructure institutions such as stock exchanges, clearing corporations, and depositories have come under review by Sebi after five years.
T C A Srinivasa-Raghavan recalls a tussle between the government and RBI when Rajiv Gandhi was prime minister and how it was resolved.
A staunch defender of demonetisation, it would be interesting to see how he handles the government's increasing demand for more cash from the RBI, and letting some weak banks get out of prompt corrective action.
A report submitted by the consortium of seven Indian Institutes of Technology on way to rejuvenate the Ganga river is at heart of Prime Minister Narendra Modi's ambitious plan to restore the glory of the river.
Economists who get too close to prime ministers eventually come to grief after their boss is defeated
'From where prime ministers sit, it makes no difference at all who occupies the governor's post.' 'Literally anyone with a decent education or work experience can be appointed to the job, which is basically a managerial one with little room for manoeuvre,' says T C A Srinivasa-Raghavan.
This gains importance in the backdrop of speculation on a second term for Raghuram Rajan.
'Tilting at the Government in English in front of India may make him feel like Joan of Arc, but without a feel for Bharat he will merely be Don Quixote,' says S Muraleedharan, former managing director, BNP Paribas.
'...Unless we muck up our policies.' 'We have to become a modernised economy.' 'Our institutions should be stronger. And that is most important.' 'The rule of law should prevail and contracts should be enforced.' 'Above all, we have to recognise the importance of globalisation.' 'It is in our favour at this stage. We should grow and become globally competitive.'
Rajan, as expected, furthered his predecessors' agenda and continued with the same resolution to make India's financial system safer, and direct the economy towards further liberalisation
Time to pack your bags and pamper the wanderlust in you.
Modi's NDA is good enough to give a psychological boost to the once 'untouchable' BJP and Modi but if the NDA doesn't get a majority on its own, then walking the last mile will be the greatest challenge of this election for Modi, says Sheela Bhatt/Rediff.com
Jyoti Punwani examines the relevance of the Sairat, the hit Marathi film everyone is talking about, in today's times.
Ananth Mahadevan takes on the audience.
