Traders are waiting for the earnings season to kick off.
Further deterioration of the US-Saudi relationship will have geo-economic and geopolitical effects, says Nitin Pai.
'Pakistan is paying the price for ignoring secularism. In seeking to be ever more Muslim to define its nationhood, it has become a terrorist haven.'
52 world leaders, including Narendra Modi, will attend this week's Nuclear Security Summit in Washington, DC. Obama will meet separately only with the Chinese president.
'If you destroy the assets in Pathankot, you degrade the combat potential of India; you degrade the war potential of India.'
'In the final analysis, all Budgets everywhere are like the schemes hatched by A A Milne's lovable Winnie-the-Pooh.' 'They may be well-intended, but often go awry.' 'Although Pooh and his friends agree that he 'has very little brain', he is occasionally acknowledged to have a clever idea, usually driven by common sense.' 'This Budget at a first glance does not appear to belong to that latter category,' says economist Shreekant Sambrani.
Finance Minister Arun Jaitley has said that the states were free to announce farm loan waivers if they had the fiscal space and that there would be no shortfall this year in divestment and non-tax revenues.
'Those who have seen the functioning of the Modi government in Gujarat know that the issues related to Hindutva and issues of economy and growth function simultaneously.' 'Modi's politics are based on the understanding of the middle-class consumer society which is in pursuit of material aspirations.' Sheela Bhatt/Rediff.com reveals the Modi government's economic and political plans for the year ahead.
About one-third of the world's poor live in India but there are countries where 88 per cent of population is extremely poor.
energy is India's binding supply-side constraint for inclusive growth.
Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.
Prime Minister Narendra Modi on range of issues -- from Rafale deal to Ram temple and triple talaq.
Former FIFA official Jerome Champagne formally announced on Monday that he will stand against incumbent Sepp Blatter in next year's election for president of the world soccer body.
'Unlike Dr Manmohan Singh, who quailed and turned away because the darkness was too frightening, Modi has taken a leap to the other side. He deserves applause for this fearlessness,' says Aditi Phadnis.
Then chief minister Jyoti Basu once told an industrialist that capitalists were class enemies and he should expect no sympathy.
President Pranab Mukherjee talked extensively about the forthcoming Lok Sabha polls and the role of lawmakers during his address to the nation on the eve of Republic Day.
The nomination would put Yellen on course to be the first woman to lead the institution.
As it is a highly liquid asset, central banks can afford to look past its short-term volatility to longer-run average returns.
The Diaspora is no longer a mere remittance economy. It today claims dual loyalty and demands a say in Indian politics, says sociologist Shiv Visvanathan
'Let us not say that Modi has not delivered on anything; he has delivered something and in parts substantially, but he has to also deliver on a large number of his electoral promises.'
'Why would the Communists do this? I have three possible answers: One, they are specifically opposed to the Global Education Meet that the ambassador organised. Two, they are beginning to realise their days are numbered in Kerala. Three, the standard modus operandi of leftists is anarchism because they are not constrained by any codes of ethics. Roughly, the bad, the good, and the ugly,' says Rajeev Srinivasan.
The anger against land acquisition is not only among landowners.
"Crores of Muslim women had always demanded that triple talaq should be banned, as it is also banned in Islamic countries," he said.
If you are not already lost in the zeros this wealth stands at Rs 257 lakh crore or Rs 257 trillion, according to a report unveiled by Karvy Private Wealth for the year 2014.
'Under Narendra Modi's leadership, we will be able to regain our rightful place in the community of nations,' veteran diplomat Hardeep Singh Puri, who joined the BJP on January 2, tells Rediff.com's Sheela Bhatt.
Are we adopting an idea whose time has come and gone? My feeling is, yes, says ex-banker C Joseph Chacko in the fourth article of the series on inflation targeting.
In a clear attempt to allay Russia's apprehensions, Prime Minister Manmohan Singh on Monday said it will remain an "indispensable" partner for India's defence needs even as he underlined that the bilateral ties should adapt to changing times to address challenges.
2,470 BJP workers from across the country would spend a year visiting polling booths, while another 1,441 workers would spend six months and 378,000 workers will spend 15 days to reach out to party cadres and ensure better polling management in areas outside their home districts.
Even US equities are now back to end-2014 levels.
As and when the GST comes in, Budget projections will have to be unbundled and revised. In fact, the pragmatic decision would be to present another Budget! This makes the passage of the Finance Bill with its multiple unrelated amendments seem even more dubious, says Devangshu Datta.
Link between oil exploration and markets can be used by India to great advantage.
Four major political takeaways from Narendra Modi's much-anticipated trip to China
'We are passing through a very historical moment. The UP election next year and the Lok Sabha election of 2019 will decide the course of India.' 'Maybe the unlettered will save India again because they have inherited a different India and a different idea of India,' says eminent social scientist Achyut Yagnik.
Very few old-style RSS workers-turned-leaders have survived Narendra Modi's political ambush in state politics. Harin Pathak's end closes the chapter for Modi who started his post-2002 riots journey with a new mix of profit-centric development and middle class-pleasing commerce, technology-driven communication with voters, and an unspoken Hindutva that speaks only through posturings and symbols. Rediff.com's Sheela Bhatt reveals the real reasons for the Modi-Pathak rupture.
''I am not going to force anyone to watch movies. If they want to, they can come and watch.' 'I want to give them the choice that everyone has in the rest of the country.'
Noting that oil prices had gone down after the BJP-led government came to power in May 2014, before they went up, Prasad said it is a problem whose solution is not in its hands.
Duvvuri Subbarao recounts how his tensions with P Chidambaram and Pranab Mukherjee, then finance ministers, over monetary policy spilled over into other issues in the central bank in this excerpt from Who Moved My Interest Rate?, his memoir of his term as Reserve Bank of India governor.