The argument for a weaker rupee is substantial.
'Raghuram Rajan is a wonderful economist, but he is not a wonderful Indian economist.' 'He doesn't understand India in the granular form.' 'India exists only from Delhi to Nariman Point for him.' 'India is much, much bigger and complex.' 'The new RBI governor shouldn't get ready to open his umbrella when it rains in America'
Reserve Bank of India Deputy Governor Viral Acharya is the eighth economist to quit since the Modi government took office.
'The problems faced by migrants remain the same for the last 20, 30 years -- salaries not being paid properly, exploitation by agents, etc. This is the biggest problem and not what the Saudi government implements now,' migration expert Dr Irudaya Rajan tells Rediff.com's Shobha Warier.
The Governor, who completes one year in RBI on Wednesday, has stabilised the rupee and is getting a fix on inflation.
Subramanian Swamy now wants Arvind Subramanian sacked.
'A concerted attempt is afoot to try and create a new image of an intelligent man who knows what he is talking about and is far from the person that his critics in the media and Opposition have often portrayed him to be,' says Virendra Kapoor.
This will also help test the effectiveness of preventing the entry of Nipah in target cells.
The government has retained Arvind Subramanian as its chief economic advisor, unlike other American professors Dr Raghuram Rajan and Arvind Panagariya, who quit their jobs as RBI governor and NITI deputy chairman respectively.
'I am sure Dr Patra will get the fullest cooperation from the finance minister who needs workhorses, not prima donnas constantly looking to improve their CVs,' says T C A Srinivasa-Raghavan.
'You want a steady, confident, self-assured and highly skilful hand at the till. 'It is a pity that the BJP has decided to deprive itself of such a hand at this politically sensitive time.' 'It is like sacking your surgeon in the middle of your brain surgery,' says S Muralidharan.
RBI is expected to discuss about the impact of GST in its monetary policy.
Rescue teams on Friday used GPS coordinates from aerial drone pictures and cell phones, including the last location of people who lived in the landslides-hit areas of Wayanad to help locate survivors, amidst accelerated search operations after the completion of the 190-foot-long Bailey bridge by the Army.
Will Arundhati Bhattacharya be the RBI's first woman governor? Or will Urjit Patel succeed Raghuram Rajanas RBI governor when his term ends on September 4?
Traditionally, Prime Minister picks the RBI Governor after consultation with the finance minister.
Nowadays, our politics is habituated to sitting on a high pedestal, hobnobbing with world leaders, generating impressions of a superpower and returning to earth for the purpose of winning elections. In contrast, the yatra never left earth, observes Shyam G Menon.
'Too many things happen in India... that is the root of the problem, not Raghuram Rajan'
"I think, this is something that all Indians should be concerned about because strength of our institutions is really important for our growth, sustainable growth and equity in the economy," said Rajan.
As the global economy sways into uncertain territories and domestic prices almost certain to rise, Raghuram Rajan's ideas would have come in handy.
Following up on his barb last week that Rajan should be sent back to Chicago, BJP MP Subramanian Swamy has written a letter to the Prime Minister saying how a person appointed by the UPA government should be continued in the post.
'From where prime ministers sit, it makes no difference at all who occupies the governor's post.' 'Literally anyone with a decent education or work experience can be appointed to the job, which is basically a managerial one with little room for manoeuvre,' says T C A Srinivasa-Raghavan.
Unless Dr Urjit Patel starts clearing the balance sheets of banks, the investment cycle will not start. Unless the clog in the drain is cleared, further lending cannot happen. If further lending doesn't happen, the investment cycle also will not happen, writes M R Venkatesh.
Media reports said the attacker, a Pakistani, had been under Dr Daniel's observation for a urinary disease for several weeks and apparently visited the doctor for a follow-up. He was also said to be upset over the treatment of his ailment
The lack of clarity on who is next in line, when the time comes, as indeed it will one day some day, reflects poorly on the management of the world's largest political party. It scarcely need be said that a squabble between the contenders, Shah and Yogi, is exactly what the doctor ordered for the Opposition, notes Krishna Prasad.
'The prime minister's comment on 'revdi culture' was welcome. But I am disappointed he did not follow up on that.' 'All political parties, including the BJP, have been guilty of this.' 'Now, Modi's guarantees, the Congress's 'nyay' path and both ruling and Opposition parties are vying with each other for freebies in my home state Andhra Pradesh.'
Two Indian-Americans were among seven people selected by the Asian American Heritage Council of New Jersey for its 2008 achievement awards. IT entrepreneur Dr Rajan Vaz will receive the President's Award while Dr Ramesh Pandey, president of the Ayurvedic University, will receive the award reserved for a person from the Indian community. The awards will be presented at a gala banquet scheduled at the Meadowlands Sheraton, East Rutherford.
'When a soldier becomes a king, he better be a king. He should now just forget the past and move beyond continuity. He should catch the potential of India's moment and play a leader's role,' says Vallabh Bhansali of Enam Group.
'It is sad for the country and it is sad for the government of the country too,' says the Nobel Laureate.
Stocks and rupee on Monday took an early morning plunge but soon recouped their losses.
Dr Rajan Natarajan, 51, a leading entrepreneur, has created history in Maryland by becoming the first Indian American to be appointed to a sub-cabinet level position in the state administration. Democratic Maryland Governor Martin O'Malley appointed Natarajan as his deputy secretary of state for policy and external affairs, which is the highest administrative office held by any Indian American far in Maryland's history.
It took three years of collective fiscal profligacy and policy mismanagement to cause this crisis.
A teenage girl, who tried to commit suicide here after the man accused of raping her got bail, succumbed to her injuries on Friday after remaining four days in critical condition, hospital officials said.
'Mr Modi would compliment a Nobel Prize winner, but members of his party or the government would not be restrained from either making unfair comments or criticising him for having offered advice to an Opposition political party,' says A K Bhattacharya.
"I am an academic and I have always made it clear that my ultimate home is in the realm of ideas," Rajan said in a letter to staff.
The IMA feels that there is a dire need for a drastic change in health administration which can be realised by raising a new cadre of administrators, it said in a statement.
Nikalje in his application stated that he had gone to Chembur on November 30 to help pacify the mob and not to incite them as claimed by the police in the FIR against him.
'The Ayush minister (Shripad Yesso Naik) himself was suffering from COVID-19 and got treated in a modern hospital.'
Urjit Patel's reappointment will raise market hopes that Rajan, will also be offered an extension when his tenure ends in September.
'Rahul Gandhi's recent video performances offer little hope - the first fell flat in attacking government 'strategy'; the second showed him in a position unbecoming of a leader,' argues T N Ninan.
Teaching is not only a profession but an art where you discipline students and groom them, former Indian cricket captain Mahendra Singh Dhoni said.
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