Global liquidity expected to continue amid ECB stimulus
'The new government will have to contend with slowing economic growth, weak private investment, anaemic exports and vulnerable external imbalances, a stressed financial system, mounting fiscal pressures (including high government debt-to-GDP ratios) and an exceptionally bad employment situation,' says Shankar Acharya, former chief economic adviser to the Government of India.
Kamakshi Paatti, a sprightly nonagenarian, has the Chennai civic corporation on its toes.
Recent statistics show that the situation is no different across the country with several hospitals lacking the infrastructure to manage a breakout of a blaze.
"The Army has been deployed without informing the state government. This is unprecedented and a very serious matter," she claimed.
Declining interest rates, a near-normal monsoon leading to higher rural incomes and pay hikes for central government employees are key triggers, says Dev Chatterjee.
'This has to be seen in the context not only of the legacy we inherited, but also of global economic weakness.'
'If after inheriting the very bad situation we have reached this level despite consecutive years of drought and no growth in the world economy, it is no accident.' 'It is a result of the sound macro economic policies followed by this government.' 'We have eschewed populism and stuck to a path of fiscal prudence.'
Modi has taken a slew of measures to attract investment, but he has yet to initiate steps that could help repair corporate balance sheets.
With India lagging behind on several human development indices including healthcare and education, the Union government's decision to up the spending on these sectors is a step in the right direction. However, much more needs to be done in the way of increasing accountability and arresting corruption if headway is to be made on these fronts, says Devanik Saha.
Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy
Here's a round up of some information the nation learnt from Parliament on Tuesday.
The fruits of election boycotts are harvested not only by the separatists but also by beneficiaries across the democratic divide, points out Mohammad Sayeed Malik.
India on Thursday pitched for unleashing the "collective strength" of the South Asian Association for Regional Cooperation as External Affairs Minister Sushma Swaraj underlined the need for a South Asian Economic Union with greater connectivity and forward movement on pending agreements on rail and motor vehicles.
The government on Friday lowered its economic growth forecast.
The Enforcement Directorate has managed to sniff out over Rs 9,000 crore as suspected haul from money laundering in a decade, but it has yet to link those against anyone successfully in a court.
13 out of the world's 20 most polluted cities are in India. Most shockingly, the latest Central Pollution Control Board statistics reveal that the pollution levels in Gwalior, Raipur and even little known Kashipur are higher than that of Delhi which means we have some of the most polluted zones in the world.
Prime Minister Narendra Modi will retain DoPT, Atomic Energy as well as all important policy issues and portfolios not allocated.
The recent study suggested that nearly 35 per cent of the cases were stillborn, 29 per cent were born alive and 36 per cent were born before the period of viability.
A day after the Prime Minister's Office sought to counter the perception that Manmohan Singh has been "weak" in his tenure, senior Bharatiya Janata Party leader Arun Jaitley on Saturday took potshots at him.
The GST Council, that includes representatives of all states, will meet again on November 3-4 to decide on the tax rates
'I am an old man. 64 years... Never used influence.' 'I am not a politician or a criminal. What influence?' 'Retired. I could not protect myself even (from fabricated charges)?' 'Have no money now either.' 'I don't want to die in custody in disrepute.'
While the IMD had forecast a 'normal' monsoon for the entire season, Skymet stated that rain this year would be 'below normal', report Sanjeeb Mukherjee and Sahil Makkar.
Will Arundhati Bhattacharya be the RBI's first woman governor? Or will Urjit Patel succeed Raghuram Rajanas RBI governor when his term ends on September 4?
Prime Minister Narendra Modi continues to ride high with rock star gigs abroad and no challengers within or outside the party at home. With international oil prices dipping to unforeseen lows and inflation declining sharply, a perked-up economy provides the perfect backdrop as he strides the national and international stage.
'It is an ambush, and no IEDs were used, which means it is more tactical, more technical and more intelligent.'
India's snooping programme is officially underway and multiple agencies will use internet surveillance system Netra and National Cyber Coordination Centre to keep a tab on suspicious activities on the internet, says Vicky Nanjappa.
India is experiencing jobless growth and skepticism abounding that the country may not be able to cash in on its demographic bonus
'There appears to be in the Indian polity a link between being Single and being of prime ministerial timber. It is a trend, a preponderance -- not a statistical verity,' says Dr Shashi K Pande.
Rediff.com gives you a look at newbies in the Council of Ministers
If the high security notes introduced in 2015 were kept in the system, the pain due to demonetisation can be ameliorated to a certain extent. But unfortunately, such thought process have no place in the hasty demonetisation decision.
The NITI Aayog's views are in contrast to the National Health Policy.
'The Opposition has no option but to make it an 'All versus One' fight to even think about winning.'
There is speculation that China released the White Paper on Tibet in a hurry after a Spanish court agreed to hear charges of genocide against former Chinese president Hu Jintao. Ajai Shukla reports
The winners of the 60th annual World Press Photo Contest have been announced. The winning shot was taken by Turkish Associated Press photographer called Burhan Ozbilici, with an image he has simply titled An Assassination in Turkey. Showing Mevlut Mert Altintas shouting after shooting Andrei Karlov, the Russian ambassador to Turkey, at an art gallery in Ankara, Turkey, on December 19 2016.
Despite criticism of a lack of transparency and communication from the Modi-led government, BJP leaders point to "good beginnings" on several fronts to defend its performance. Sheela Bhatt/Rediff.com reports.
Aadhaar-related schemes and the Aadhaar Act exist on the assumption that Right to Privacy is not a Fundamental Right.
'What we are going to see is a large number of white collar jobs getting lost.' 'Job loss can drive people to depression, drugs, alcoholism and even suicide as there is no one to turn to when they are down.' 'There is no in-between now -- things go from a luxurious lifestyle to no lifestyle.'
The Pampore attack 'has the stamp of LeT written all over it.'
'They are exactly like the so-called fidayeen of the 1999-2003 phase, when J&K witnessed a surge in suicide attacks on various important garrisons,' says Lieutenant General Syed Ata Hasnain (retd), who served as the General Officer Commanding 15 Corps in Kashmir.
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