'There is no difference between the earlier government and the present government.' 'They are all following the economic policy based on the Chicago School of thought.' 'This school of thought says the government should have very little role in governing the country and the majority of the work should be handed over to the private sector.' 'This has not succeeded in the US.' 'Yet, it is being tried here by people like Arvind Subramaniam, Arvind Panagariya, Urjit Patel and Raghuram Rajan.'
'India is no longer the India of the '70s and the '80s.' 'It's a large country with the fastest growing economy.' 'In working with India, you just can't go and humiliate the nation publicly.' USIBC President Mukesh Aghi tells Aziz Haniffa/Rediff.com about how he advises American companies to do business with India, what he thinks of Modi's government and the way forward for the India-US relationship.
'For lakhs of people in the flood-afflicted state, battling against the elements is taking a huge toll. This is the time of the year that apples ripen, rice starts being harvested and preparations start in full swing to put aside some of the food stocks for the long winter months ahead. At this moment, though, people there believe if they can succeed in coming out of this calamity in one piece they will have won the war,' says Rashme Sehgal.
India's Leander Paes and Rohan Bopanna crashed out of the Japan Open following a straight set defeat against Ivan Dodig and Marcelo Melo, in Tokyo on Thursday.
A Texas company will submit a report by June on whether a company controlled by RIL 'stole' natural gas from the wells where ONGC is contracted to operate in the KG basin, as alleged by ONGC.