'It was the Mughals who first established standard units of measurement and maintained offices of meticulous record keepers and auditors, departing from the more haphazard methods of earlier regimes.' 'By the end of the 16th century, their revenue and judicial administrations exhibited an obsessive preoccupation with order, the efficient management of time, and a spirit of rational self-control -- all of them characteristics of early modernity,' point out Sheldon Pollock and Benjamin Ellman.
'It has a natural inclination to foster as much competition among civilian politicians as possible.'
Modi has plenty of opportunities to test out his strategy. Chinese President Xi Jinping and Australian Prime Minister Tony Abbott will visit India this month, and Modi will fly to Washington towards the end of September for a summit with US President Barack Obama.
'The past year has yielded extraordinary results in the strategic, commercial, and people-to-people components of the India-United States partnership, US Ambassador to India Richard Rahul Verma tells Aziz Haniffa/Rediff.com in an exclusive interview.
The Supreme Court on Wednesday said that the money likely to be arranged by Sahara Group from overseas to raise Rs 10,000 crore (Rs 100 billion) for the release of its jailed chief Subrato Roy would come into the country only after necessary clearances by RBI.
A mix of industrialists and businessmen, who have inherited riches or rose from humble backgrounds and even endured boom and bust cycles, the top five MPs are illustrative of how the political stock of the wealthy is increasing rapidly.
In the near term, the key driver will still be the government's fiscal spending.
Almost half of that market is in India's villages.
CLP saw early that the pollution caused by China's rush for industrial growth would lead inevitably to demands for cleaner electricity.
Top 5 losers include Infosys, TCS, ITC, M&M and HUL.
Modi's'Make in India' drive launched last September included laying out a model of "port-led" development that would support industrial growth.
'We have to make doing business in India easier.'
A Collection of Services Trade Statistics Act is being thought of.
Curbing the federal deficit is the government's absolute priority on February 28.
The policy statement by the RBI governor is also expected to be upbeat.
Defence Minister Manohar Parrikar immediately ordered the navy chief to personally inquire into what this meant for India's maritime security.
Questioning the bullet train in view of the investment needed in Indian Railways is similar to saying that India needed to invest in primary education rather than in IITs, says Shreekant Sambrani.
But experts say downside limited, pockets of opportunities for investors
'I feel more like a chess player, thinking for long hours how to make the next move," Telecom Secretary Aruna Sundararajan tells Surajeet Das Gupta.
Subhash K Jha remembers conversations with the legendary actor who the world lost on Friday.
Investors turn their attention to export-driven sectors.
The United States has lifted most of its sanctions against Iran after a UN watchdog reported that Tehran had complied with a nuclear weapons deal.
The optimism in global markets could help India as the rebound in GDP is expected to continue and get more broad-based.
The Modi PMO is like none other: It is staffed by people who are so low profile that the only dominant personality is the Prime Minister's.
Contract finally given for Rs 2,400-cr project, with GIFT City-like features
Indian officialdom enjoys well over a week of Sundays every month
'Secretiveness and the element of surprise in announcing decisions marks the Modi style of diplomacy. From being a voluble politician, he became a reticent statesman... But the diplomatic dance is performed on thin ice and his adroitness is still to be proved,' says Ambassador T P Sreenivasan.
The time is nigh for India to ensure that investment by its former citizens is encouraged by protecting their rights, says C B Patel.
In the year since UPA went out, the GDP has grown a mere 0.5 per cent, but this government claims a healthy GDP growth of 7.4 per cent allowing it to ecstatically claim outpacing China, says Mohan Guruswamy.
'Devyani -- she is a public servant and her personal life has already received far too much attention -- and her ambitious father now need to retreat to the background so that wiser diplomatic heads restore sanity to India-US relations as India prepares for parliamentary elections,' says Ambassador K C Singh.
'Making the railways better is a different type of a challenge.'
In the second and final part of this interview, energy and coal industry expert Sunjoy Joshi tells Sheela Bhatt/Rediff.com that we need to take a comprehensive view of the entire energy sector and how piecemeal reform won't take us very far.
The automobile segment is our preferred area, and old favourites such as Tata Motors, Bajaj and Maruti Suzuki continue to entice us.
This Budget signals a shift from a hand-out to a hand-up economy.
Transport Minister Nitin Gadkari puts them out of the ambit of Motor Vehicles Act; experts say some regulation, licensing and driver training will be necessary
Unless the judges factor in the ungovernability of technologies and their beneficial owners, present and future Presidents, prime ministers, judges, legislators and officials handling sensitive assignments may become redundant with reference to their age-old roles for securing 'national resources and assets', warns Dr Gopal Krishna.
Prashant Lingam and Aruna Kappagantula are changing the way houses are being built in India.
'Biometric Aadhaar-based surveillance is not only about violation of privacy, but also about the treasure hunt for unprecedented financial surveillance and economic intelligence in the economic history of mankind,' asks Gopal Krishna.
Moving ahead with their new mantra -- Chalein Saath Saath: Forward Together We Go -- Prime Minister Narendra Modi and United States President Barack Obama on Tuesday vowed to deepen cooperation in every sector for the benefit of global stability and people's livelihoods over the next ten years.