Hopefully, the grey world of central banking in a nation hit by demonetisation, will lighten up with some of his notes soon.
After helping the government in policymaking since October 2014, Chief Economic Adviser Arvind Subramanian is returning to academics and will be teaching at Harvard Kennedy School on a visiting position. In an interview to Dilasha Seth and Somesh Jha, he says the ease of doing business agenda needs to move forward and India must try to integrate with the global value chains. Edited excerpts.
Banning meat is cruel demonetisation. It is stealing from the poor, nothing less, writes Sunita Narain.
'In India, we are paying a price for not managing water as we are not willing to pay the cost for it.'
'Respect nature, working with (it) rather than against it.'
Ideas don't have border controls and visas.
Trump can afford to say that COVID-19 is a 'China virus', but we can't expect Modi to say that aloud while his actions may speak louder, says Rup Narayan Das.
'When economic policies were attacked by people on his own side, he went ahead despite all the criticisms in the coalition, within the party and the Sangh Parivar.'
The government planned to borrow 10-15 per cent of the total borrowing offshore. That works out to at least Rs 71,000 crore, or about $10.4 billion at Friday's exchange rate.
'A bold, progressive step forward,' Kotak Mahindra Bank CEO Uday Kotak said of Nirmala Sitharaman's corporate tax breaks.
The death toll rose to 5,394 after a record single-day spike of 230 fatalities in the 24 hours since Sunday 8 am, the Union Health Ministry said in its morning update. It showed the number of confirmed cases rising by 8,392 to 1,90,535. However, a PTI tally of figures announced by states and union territories, as of 9.35 pm, showed a higher death toll of 5,501.
Some investors warned of a coming British or even global recession as sterling collapsed to hit its lowest since 1985.
Fresh guidelines were issued by the government on Wednesday for enforcing the second phase of the coronavirus lockdown, with the Union home ministry barring all kinds of public transport and prohibiting opening of public places during this period.
The expert noted that in India the pandemic is unlikely to be over in the months to come, and the number of people getting infected will continue to rise.
'A lack of strategic trust and the 'persistent security dilemma' prevails between India and China,' points out Dr Rup Narayan Das.
'Even if the national security framework is to be threat-based, then the division of security threats between Pakistan and China is absurd. The two threats are one.'
On Dr Homi J Bhabha's 110th birth anniversary, Dr K S Parthasarathy shares some personal memories of the legendary nuclear scientist.
This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India.
Special Economic Zones are likely to be central to realising Prime Minister Narendra Modi's ambitious Make in India agenda.
The Congress vice-president's office and staff have been revamped after the party's electoral defeat in 2014
Stock prices is due to valuation expansion
More lucrative routinely prescribed drugs are at higher risk of failing quality standards
Nothing is going to dramatically open up on May 3. There will be too many ifs and buts and terms and conditions and guidelines in leading one's life in various zones, reveals Sheela Bhatt.
The death toll also saw a record single-day increase of over 350 fatalities to move closer to the 8,500-mark, more than one-third of which have been recorded in 11 days since June 1 -- the day that marked the beginning of a phased exit from most restrictions imposed under a nationwide lockdown with effect from March 25.
Not to say that India couldn't have handled the situation better, but on average, it didn't do anywhere near as badly as the naysayers make it out argues Rajeev Srinivasan.
'She must first change the Rules of Business 1961 that makes the defence secretary and not the defence minister responsible for the defence of the country!' says Colonel Anil A Athale (retd.)
If purists are surprised as to why and how people are not demanding prohibition or not talking about past promises, both in the election manifestos five years back and even those made to the courts, the answer lies in how the state has been evolving and changing these past few years, says N Sathiya Moorthy.
Narendra Modi's success at the BRICS summit is the best Diwali gift for India's diplomacy and marks her ascendancy to global leadership, says Tarun Vijay.
The IMF chief listed three key policy areas for women's empowerment as the education, getting a job and having a family.
Rajan, who has been warning against competitive monetary policy easing by central banks, however, said the situation is different in India where RBI still needs to bring down lending rates to spur investments.
The two countries also signed three other agreements -- to enhance aviation links, to jointly work in the area of energy efficiency and promotion of parliamentary cooperation.
Beneath a street lamp in one of Rio de Janeiro's slums, 19-year-old boxer Wanderson de Oliveira does pull-ups from a metal bar outside the Fight for Peace academy while two skinny young boys watch intently. Much of the Complexo da Mar, a teeming neighborhood of 140,000 people near Rio's international airport, remains in the grip of drug gangs despite efforts to break their hold on the city's poor districts ahead of the August Olympic Games. Gang members brandishing automatic weapons inspect vehicles that enter Mar at a checkpoint, watchful for raids by rival crews or the police. Youths with machine guns patrol the streets or loll in plastic chairs at corner bars.
"I do not want India to be an economic superpower. I want India to be a happy country." - JRD Tata
'Modi's recent decisions to improve India-China relations, adjust India's neighbourhood policies and to rebalance India's ties with the major powers are linked to his political agenda.' 'Of course, the good part is that this agenda is also in the national interest,' says Ambassador M K Bhadrakumar.
Most of the American military aid to Islamabad for counterinsurgency has gone into buying equipment to fight India, a former US diplomat has told lawmakers as he described Pakistan as a country which is "on the edge in many ways of being a failed state".
Here's the full text of President Ram Nath Kovind's address to the nation on the eve of 71st Republic Day.
'Give cash assistance of Rs 75 per person per day and an android phone and you will see the economy reviving.'
While long term solution depends on each one of us altering our consumption patterns, the future depends on next generation technologists and entrepreneurs creating business models that naturally reduce the green house gas emissions.
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
India is no longer shying away from playing a role on the regional and international stages and is willing to don a bigger role in regional politics. It is showing traits of a responsible stakeholder in the regional security dynamics, says Dr Rahul Mishra.
