'If credit is not available, people will postpone buying. That's what has happened.'
'What is forgotten but is actually as important for a society's long run success is morality.' 'Morals and trust are the nuts and bolts of an economy.' 'Without those you can get short run success, but not long-run development.'
Pushed by Congress vice president Rahul Gandhi, the government looks set to shortly bring ordinances on two anti-corruption bills along with three other legislations which could not be passed during the just-concluded Parliament session.
'We need to have the courage to take a rational look at known facts and act accordingly,' advises Mohan Guruswamy.
Developers had been urging dual usage of their SEZ land since the beginning of global financial recession in 2008.
'India's march towards being a $5 trillion economy continues, notwithstanding momentary setbacks.' 'India is at an inflexion point and most economists believe this growth super-cycle will extend for over four decades.'
'Most of those involved in these honour killings are the people who belong to the class that feels left out.' 'The high development index in a way is perpetuating conditions that result in social tension.' 'The only solution to the problem is politicise inter-caste marriages.'
Delhi was just one riot. Add Bengal, Assam, Uttar Pradesh and you can count a few scores dead. It could, regrettably, be just the beginning of a very long, dark phase for India, notes Shekhar Gupta.
We are all 'Chasing the Monsoon', notes Ajit Balakishnan.
Clauses on land return, action against officials diluted
Long-term funding was a requirement for infrastructure projects, and asset-liability mismatch in the banking system, impacts the access to finance for infrastructure projects. One of the key challenges would, however, be to get private sector back into investing.
'In the Middle Ages, when Muslims were around 15 per cent of the population of the world, they accounted, according to one estimate, for 90 per cent of scientific advancements.' 'And today, when Muslims are around 22 per cent of the population of the world, their share in scientific writings is less than 1 per cent!' point out Ziya Us Salam and M Aslam Parvaiz.
'During his visit to Vietnam on September 3 -- the first visit by an Indian prime minister in 15 years -- Modi will notice the widespread anti-China sentiment in that country.'
General Naravane's UAE and Saudi Arabia visits communicate India's long awaited arrival in the domain of integrated foreign policy where the diplomatic and the military domains both complement each other much more substantially, observes Lieutenant General Syed Ata Hasnain (retd).
Or, what will the Indian policy process allow it to be, says Ajit Balakrishnan.
'...but from those who control the narrative.' Powerful nations have mastered this art of narrative building. Those nations who aspire to become global powers must do so, observes Shanthie Mariet D'Souza.
'Success will require political skill, not just economic expertise'
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.
While dynastic politics may have receded in the Lok Sabha, it is alive and kicking in states
'In 2014, he was a relatively unknown quantity, and benefited from the apparent difference that he brought to national politics.'
'We have here the world's largest economy and dominant superpower thrashing about as it wrestles with its own decline.' 'It has become everything that China was supposed to be: A threat to the world order, and as a country that is not playing by the rules on trade, on climate change, international commitments and nuclear deals,' says T N Ninan.
'50% of students lose out because of lack of English language skills.' 'Only 15% to 20% have the functional skills companies are looking for.'
The Child Protection Services programme under the Integrated Child Development Services was increased to Rs 1,500 crore from Rs 925 crore.
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.
'Initially, Gift City was just another real estate project, but all that changed with Modi moving to New Delhi,' notes Tamal Bandyopadhyay.
The ripples from November 8 may be seen in next year's state budgets.
Since 2000-01, the Indian economy has shown the tendency of being unable to absorb all domestic savings as investments.
'We must compartmentalise issues, ensuring that one disagreement does not sour everything,' advises Ambassador Kishan S Rana.
To mark his 50th death anniversary, rediff.com has launched a special series to evaluate Jawaharlal Nehru's legacy.
From India's fight against COVID-19 to China face-off, Kovind spoke on several issues during the televised address.
Rediff.com does a quick checklist on what the two manifestos have to say on hot-button issues of the day.
India is in the midst of its biggest crisis since Independence. It is a national emergency and begs to be dealt with. Politics can wait. Lives need to be saved. We need to vaccinate India at a pace faster than any country in the world, asserts Ramesh Menon.
'The BJP is not the party it was 10 years ago. It has changed. It is emerging like the Congress.' 'Sometimes, I feel the BJP has taken the Congress' space.' 'Its politics is also resembling the Congress.'
Commercial banks are also expected to be soft on loan repayments and restructure the loans, if not write them off.
The idea is to make unexceptionable broad promises so as to have the maximum freedom to devise policies if and when the opportunity arises, says Subir Roy.
We are much better placed than in 2013 with our overall fundamentals much stronger - higher foreign exchange reserves, a more favourable growth-inflation mix and an institutional framework for targeting inflation, says B Prasanna.
Here's the full text of President Ram Nath Kovind's address to the nation on the eve of 72nd Republic Day.
The National Democratic Alliance won 64 seats.
'Tehran,' Foreign Minister Zarif said, 'had expected the Modi government to be "more resilient" in the face of Washington's bullying,' notes Ambassador M K Bhadrakumar.
'We cannot be naughty and expect the government to do good!' 'We have to behave ourselves and then we can expect the government to support us.' 'If we are able to protect ourselves well, then we should not be having deaths.' 'Unfortunately, people have gotten into this super scary event participation (mode) -- birthday parties, large gatherings.' 'Among the people who have attended those, 80 to 90 per cent of them have come down with COVID-19.'