There is also a lobby within the bureaucracy that wants to see Rajan's influence curtailed
'...and instead do 20 minutes for someone else for a week, what an impact that will be...' says Maharaj Damodardas
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.
He endorsed transparency and financial stability in addition to issues related to inclusive growth and development, write Puran Singh and Nupur Pavan Bang.
Optimism about a stable govt at the Centre, a demand revival and falling oil prices buoyed the markets.
'You cannot judge a government within a month. Give us five years' time.' 'At times, strict economic decisions have to be made for the good of the poor in the long run.' Dharmendra Pradhan, one of the Modi government's stars, speaks exclusively to Sheela Bhatt/Rediff.com about why the government is forced to roll out 'bitter medicine.'
Finance Minister P Chidambaram, while addressing the Carnegie Endowment for International Peace on "Recapturing India's Growth Momentum" in Washington on Thursday, said that the leading think tank need not launch an initiative to explore how India will vote in 2014, declaring that the Indian polity will vote the Congress back into power.
'50% of students lose out because of lack of English language skills.' 'Only 15% to 20% have the functional skills companies are looking for.'
Prime Minister Narendra Modi and Home Minister Amit Shah will soon get around to reworking their organisational set-up and administrative priorities to regain lost ground in the wake of the Delhi electoral debacle, but there's third course available to them as well. That is to introduce the presidential form of government, which prime ministers Indira Gandhi and A B Vajpayee flirted with before abandoning it. Will Modi go further than them? N Sathiya Moorthy analyses the scenario.
Rally restricted to big stocks; FIIs have hit investment caps in many large companies.
'Let me talk about young Indian startups with their hearts in the right place and how they are proving that innovations that represent 'affordable excellence' -- breaking the myth that 'affordability' and 'excellence' cannot go together -- is indeed possible!' says Dr R A Mashelkar, the eminent scientist, in this fascinating feature.
'Against the backdrop of difficult administrative, political and economic problems, Imran's temperament and staying power will be the subject of intense expectation and public scrutiny,' says Rana Banerji, who headed the Pakistan Desk at the Research and Analysis Wing, India's external intelligence agency.
'If it works, something good can come out of this tragedy for the common public good,' say Dr Prasad Gadgil and Dr Kunal Basu.
President Xi Jinping's visit may put relations between India and China on a new trajectory
But it scores high on firm dynamics - which is partly accidental, as it benefits from high labour turnover.
Prime Minister Narendra Modi said India and the United Kingdom are economically made for each other.
Three way split of AIADMK has slowed decision-making, prompting industry to look outside the state, says T E Narasimhan.
Decline in the rupee coupled with a slide in the crude oil prices have dented the sentiments.
The Budget sets out a comprehensive vision.
'Balakot and Pulwama will definitely help the BJP, but it will still not help them to create a 2014 like situation or go beyond that.'
Former India cricket captain Bishen Singh Bedi said the appointment "defies all logic".
Bengaluru dominates Karnataka's economy and its infrastructure mess compounds the problems, with policies lagging need and expectations.
'We need to put aside our anxieties about the Budget for now and possibly for long, and carry on as best as we can,' advises Shreekant Sambrani.
'A change of government will bring about a lot of changes because everything is frozen for the last two years. So, the frozen energies of India will be released.' Swadeshi Jagran Manch convenor Swaminathan Gurumurthy discusses the Modi phenomenon with Shobha Warrier/Rediff.com
Income-tax data released by FinMin after 15 years
In a few years from now, India will be looking at an entirely different type of military adversary across the borders, in our waters, in the air, in space and in our communication networks, says Nitin Pai.
The broader markets, however, outperformed the benchmark indices -- BSE Midcap and Smallcap indices ended up 0.6%-1%.
Some experts, however, see a silver lining in the fall and said the volatility has come down sharply and that bodes well for the Indian currency
'Will 'Make in India' be able to harness the demographic dividend so it does not become a disaster?' 'Will 'Digital India' live up to the lofty promises the government and private sector made as part of its recent launch?'
Kiran Mazumdar-Shaw points out how the adoption of information and communication technologies can provide India with a very effective health care tool.
'When he first came to office, my belief is that the PM's reading of the landscape was that, with a vanquished Congress and fragmented Opposition, he was looking at least at two terms in office. This reading perhaps allows for a more cautious, gradual approach.' 'It was only a matter of time before the government was forced to come face-to-face with a serious corruption scandal. This is not a commentary on the BJP, but a statement about India's political economy.' 'There is growing concern about the government's commitment to freedom of expression, religious tolerance, and an independent civil society. Thus far, the positive movement on strategic and economic matters has crowded out these concerns, but they are lingering beneath the surface.'
While China is bigger and feels mightier at the moment, Beijing's rulers would be well advised not to be tempted to provoke India, for that would only trigger a chain reaction around the world that would not serve anyone's interests, says Sanjaya Baru.
Modi's visit to some developed countries such as the US, Japan, China and Australia were sprinkled with humongous investment figures. But do we have the wherewithal to absorb such big investments?
'India and China have to make concrete progress with regard to the border issue, addressing the trade deficit, and facilitating people-to-people interactions. This has to happen in the next two, three years.' China expert Tansen Sen tells Sheela Bhatt/Rediff.com how India and China can take their relations to the next level.
Most experts said indices would open higher on Monday and rally might sustain for a few sessions
President Pranab Mukherjee on Monday addressed the first joint sitting of Parliament as mandatorily required under the Constitution after the general elections. The address is the political, economic and foreign policy road map of the Narendra Modi government and covers virtually all crucial areas.
This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India.
At scaling back Tehran's nuclear programme and relieving the Islamic Republic from the sanctions
Claude Arpi, who spent 10 days in the Land of the Dragon, tells us how Bhutan is different from the rest of the world.
Claude Arpi, who spent 10 days in the Land of the Dragon, tells us how Bhutan is different from the rest of the world.
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