'What is forgotten but is actually as important for a society's long run success is morality.' 'Morals and trust are the nuts and bolts of an economy.' 'Without those you can get short run success, but not long-run development.'
'If Indians are to be truly protected, Parliament must review and address these dangerous provisions before they become law.'
'One by one we are seeing these private banks taking people's money and mismanaging it.' 'In the last 30 years, 30 private banks have collapsed.' 'Nationalise all banks so that people's money is safe.'
Pvt sector holds back, waits for key reforms
Rajan also said the outlook for agriculture is subdued, in view of both rabi and kharif prospects being hit by monsoon vagaries.
Computer emergency response teams will be strengthened with ethical hackers who will respond to cyberattacks.
'We are training people to learn AI, machine learning, robotics; it is just new programmes that teach them new things and the raw material, the people, are eager to learn.'
'It could take 12 months or more for hiring to get back on track.' 'New opportunities would come up and there will be demand for skillsets that can help dealing with the current situation.'
Traditionally, financial institutions have operated risk functions in silos. However, the nature of unknown threats today requires industry participants to work together, says Vikram Limaye.
'While the farmers are reeling under a huge debt burden, crop loss due to locust attacks and erratic rainfall, the state is also facing a COVID-19 challenge.' 'In this situation, you have Congress and BJP MLAs trying to outwit each other in a game of thrones'
Go beyond the curriculum. Talk to experts. Build your network, says Dr NV Raghavendra.
'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.
The retrospective tax decision reversing the January 2012 Supreme Court verdict in the Vodafone case has often been cited as the reason for foreign investors losing confidence in India as an investment destination.
'If the government has not listened to scientists, it must.' 'It's obvious that this is a science-driven campaign (fight), a science-driven situation.' 'We cannot afford to ignore the science.'
Nearly 31 million Indians are unemployed and looking for jobs. While economic growth has been humming along, the pace of job creation has been poor. A revealing excerpt from Dev Kar's India: Still A Shackled Giant.
'The Modi government is about privatising profits and nationalising losses.'
More people felt optimistic about their economic condition in November than in the same month a year ago, says Mahesh Vyas.
The government claims the existing safeguards under the law are adequate, lawful, towards a legitimate purpose and provide for a "proportionate interference" in citizens' right to privacy, reports Nitin Sethi.
It's high time we now turn the popular question on its head -- when there is no growth in jobs for several years, how can the real GDP grow at 7 per cent per annum, says Mahesh Vyas.
Rising unemployment rate reflects a rise in the labour participation rate, which in India's case has been worryingly low.
Those who have been handed the pink slip shouldn't make too many loan queries, advises Raj Khosla.
India is currently under the 21-day lockdown since March 25, with only essential services exempted to contain the fast-spreading virus.
Brands such as Gap, Primark and C&A which source some of their garments from Tamil Nadu say they do regular audits to ensure their suppliers comply with their codes of conduct.
The commitment by Japan to invest $35 billion or 3.5 trillion YEN is for infrastructure sector over five years.
If everyone had decent meaningful jobs, the rally maidans would be largely empty and, save for the Akhara babas and curious foreigners and the devout senior citizens, not very many would spare time for the Kumbh Mela, says Mahesh Vyas.
In a pre-budget meeting with Finance Minister Arun Jaitley, the experts suggested timely implementation of the BJP's election manifesto promises to fix higher support prices. They also favoured a Kissan TV channel, an efficient procurement policy, priority for farm mechanisation and the linking of rivers.
Power transmission infrastructure in 18 major cities could be potentially hacked.
If the chemistry between Modi and Xi Jinping goes well, it will herald a new future not just for the region but for the world, says Tarun Vijay.
The Union Budget seems to have elicited a starkly opposite view from rural India compared to urbanites, says Mahesh Vyas.
Smart cities must be very well equipped with technology and security systems alike.
'The variables to watch include the monsoon, resolution of NBFC liquidity issues, GST collections, and NPA resolution.'
'The significance and timing of the PM's start of the campaign journey from Silchar is a clear message that the Barak valley is a priority in his scheme of things,' notes Subimal Bhattacharjee.
Given the rapid changes in the Indian labour market, there is an urgent need to have current, accurate and publicly available data through regular, dynamic and comprehensive surveys. Indeed, this was the intention behind constituting the NITI Aayog Task Force on Improving Employment Data. The attempts by the government to "improve" labour data has actually made it worse, say Rosa Abraham, Janaki Shibu & Rajendran Narayanan.
Can 3 crore out of the 8.9 crore young male population of the nine states set off on a pilgrimage that extends for about a month? If yes, then what can we infer regarding the state of the young working population in these states, asks Mahesh Vyas.
This whirlwind of activity only confirms that rushing around creating an impression of pompous busy-ness is not the same thing as solving problems, argues Mitali Saran.
A key hindrance to a faster turnaround of these banks is the slow progress in the resolution of legacy bad loans and the need to build up provisions against those assets.
Hopefully, the small recovery in the labour force and employment seen in the September-December 2017 wave will gather momentum in the coming waves, says Mahesh Vyas.The challenge, says Mahesh Vyas, is to find the corresponding jobs for these aspirants.
The independent institute advising the PM on jobs seems to have missed the point that the challenge is to create net additional jobs, says Mahesh Vyas.
The markets regulator made it easier for banks to acquire control in listed companies.
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