Rajan strongly defends RBI's decision to hold the key rates in the absence of any new data points.
Recently, The World Bank has come up with the latest figures on the wealthiest countries in the world.
After recognising its adverse health effects, the govt has now dismissed its own lab reports to conclude that the evidence against plastic is insufficient.
News media takes a beating from the economy, advertisers and the rupee. To stay afloat, publishers are reacting by folding up businesses and axing staff.
What is required from government is intellectual framework.
Chennai Super Kings and Rajasthan Royals were suspended from the Indian Premier League for two years for betting activities of their key officials, Gurunath Meiyappan and Raj Kundra, during the 2013 season of cash-rich Twenty20 cricket tournament.
The Reserve Bank of india is likely to tell state-run United Bank of India (UBI), which has seen erosion of capital due to bad loans and higher provisioning to implement prompt corrective action.
Boost to dairy sector will generate jobs
'The 'Off-with-Rajan's-head' brigade bases its arguments on mistaken beliefs, erroneous causalities, and even downright prejudice.'
Depression is not a sickness, it's a disease.
There are few lapses in the healthy insurance proposals.
Mercedes Benz, BMW and Audi have sharply increased their sourcing from India.
'T20 isn't the killer. The T20 format is good for the game.' 'The majority of international cricketers still value Test cricket.'
The Insurance penetration in India is very low at 3.9 per cent.
There are unprecedented political implications of identification based on 'biological attributes of an individual', such as employed by Aadhaar, warns Gopal Krishna.
'The corporate sector says by 2022 they will create 300 million jobs.' 'In the last 70 years we didn't do it, how will we do it in 5 years?' 'Only agriculture can bail out the economy. Unfortunately, it is not being looked into.'
Transcript of Nikhil Pahwa's chat with Rediff readers.
Once these banks start showing losses, they will not be able to pay dividends to the government nor pay taxes, which will further aggravate the situation for the government as its return on investment as an investor would be very negligible for the next few years, says M V Subramanian.
'We eat first, they later; we sit on chairs and they on the floor; we call them by their names and they address us by titles,' writes Tripti Lahiri, author of Maid in India.
The new equation between 'Namo' and 'Barack' may well 'convert a good start into lasting progress.'
The euphoria of Ab Ki Baar Modi Sarkar will fade quickly if the Modi government does not raise its game, and focus significant monetary resources and managerial skills on making India's infrastructure truly world-class, says Ram Kelkar.
The author meets the brains behind Unocoin, the first Indian Bitcoin exchange and merchant processor in India to have raised international funding.
India's nuclear establishment is continuing its march of folly at the expense of safety in the false belief that atomic power is the energy of the future. It's not. Nuclear power is in relentless global decline, says Praful Bidwai.
In the near term, two key factors are the outcome of the monsoon season in respect to cropping yields; and the correction in the crude oil price.
Five inspiring women who travelled thousands of miles to Hyderabad recently to grow their business and skills share their tales of global entrepreneurship. Vaihayasi Pande Daniel listened in.
The Modi government's array of economic policy has been impressive.
Economist Dale W Jorgenson declares that India is doing "very, very well" and forecasts that India might continue to outrun world economies, including China over the next many years.
The decision marks first successful policy intervention.
The biological weapons convention is a non-starter in spite of the efforts of many states in the world for the last five decades mainly because the US is not ready to accept the 'verification protocol' which could allow the formation of some official mechanism for inspections, says Ajay Lele.
'AAP's real value must be measured not by the number of Lok Sabha seats it wins in the election -- which may not exceed 10 or 15 -- and not even by the number of votes it takes from the BJP, but by its ability to deflate Modi's superhuman '56-inch chest' image and the charisma so assiduously manufactured around him by the corporate-controlled media.'
Here's your weekly dose of weird, true and funny news from around the world.
Just as Billa-Ranga had become symbols of everything that was wrong with the system many years ago, Nestle is now portrayed as the wickedest of the wicked. Every known food crime in India is now attributed to Nestle including deliberately increasing the level of lead in their noodles, as well as deliberately destroying the health of millions. That's not only unfair, it's downright idiotic, says Rajeev Srinivasan.
'J&K continues to have the highest concentration of military personnel anywhere in the world and the alienation of the Kashmiri has increased in the last ten years than ever before.'
The history of the Cauvery and Mullaperiyar cases has shown how helpless the constitutional processes and judicial verdicts have been in enforcing the law of the land in inter-state and state-Centre disputes, says N Sathiya Moorthy.
'China made it evident that neither the swing-ride at Ahmedabad nor the red carpet at New Delhi worked, by timing its muscle-flexing in Ladakh to coincide with Xi's visit.'
The blockchain, the public ledger that tracks every bitcoin transaction, is changing commerce as we know it, says Devangshu Datta.
Sunil Bharti Mittal, bottom, left, says he is fond of Bill Gates' famous quote: "Success is a lousy teacher." Back from a long foreign business trip, the founder-chairman of Bharti Enterprises talks to Malini Bhupta and Kiran Rathee about the challenges posed by Reliance Jio and how he is determined to come out on top once again. Mittal says , today, Airtel is as ready as Jio in pure-play 4G operations.
'Counter terrorism does not appear to be good guys fighting the bad ones; it is about people being picked up, detained and charged with crimes they did not commit.'
We're behaving like frogs in warm water. We swim around untroubled, cooled by our faith in Indian liberal democracy. We are blind to the bubbles popping around us, the bubbles warning of fundamental changes, says Mihir S Sharma.
The Election Commission must ensure that soldiers, paramilitary forces and railway employees who work outside their home states are given proper avenues to cast their votes, says Colonel Anil A Athale (retd).
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