India still has to go a long way to implement reforms in various sectors.
The 'Missing link in India's Act East Policy', as India's former foreign secretary Shyam Saran calls it, needs to be filled sooner rather than later, says Dr Rahul Mishra.
Although this may not be music to Raghuram Rajan and Viral Acharya's ears, the real reason in my estimation for their quitting is expatriate over-sensitivity, intolerance or arrogance, argues B S Raghavan, the distinguished civil servant.
Gold demand in India -- one of most avid purchasers -- is interwoven with culture, tradition, the desire for beauty and the desire for financial protection.
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.
China's Navy wants to join hands with India to maintain security of the Indian Ocean
Soon after the BJP lost the 2004 election, the stockmarkets went into unprecedented free fall. Then SEBI Chairman G N Bajpai reveals how his firm handling of the situation restored confidence and soon the markets were back to doing what they do best -- make money. A revealing excerpt from his book, A Game Changer's Memoir.
The government's total debt increased by 2.6 per cent to over Rs 46 lakh crore in the third quarter ended December, compared to the previous three months of the current financial year.
'The UPA's claim of growth at 9.5 percent was absolute nonsense and a fraudulent claim because the country did not grow; it was only statistical growth.' 'I do believe that when there is a determined leader who wants to bring a desired change, the system will begin acting. Today, people think there is policy paralysis, but there is functional paralysis also.' 'When things start moving, people will invest. Many companies are holding cash, many people are not investing. Nobody is making any move. Everybody is waiting for the elections to get over.' Economist and Swadeshi Jagran Manch convenor Swaminathan Gurumurthy in conversation with Shobha Warrier/Rediff.com
External Affairs Minister Sushma Swaraj on Thursday called on Bangladeshi Prime Minister Sheikh Hasina and discussed key bilateral issues.
'China was a relationship from which Mr Modi had expected the most it seems.' 'It showed in a string of summits, and somewhat breathless celebration of Xi Jinping.' 'It was hasty and simplistic,' observes Shekhar Gupta.
The global economy is fragile now. It continues to face both long-term and short-term issues.
Russian firms expand their footprint in India. And take bigger steps to do business with India's private sector.
Amid imminent phasing out of the fiscal stimulus by US Federal Reserve, Prime Minister Manmohan Singh on Wednesday called for an "orderly exit" from unconventional monetary policies being pursued by the developed world for the last few years to avoid damaging growth prospects of the developing world.
Arvind Subramanian talks about US and China's power play and where India figures in these dynamics.
'It is unrealistic to expect that security dilemmas and strategic distrust to disappear or even diminish any time soon,' says Rup Narayan Das.
Multinational companies operating in India will soon have to disclose details of their operations at the country of residence and their revenue income to the Income Tax authorities.
India on Monday got the backing of Switzerland in its bid to become a member of the Nuclear Suppliers Group.
Russia has over the past three years provided four Mi-35M combat and cargo helicopters to Pakistan and the militaries of the two countries also held joint drills codenamed 'Friendship'.
'We are facing the most critical military situation with China in the last 50 years.'
The survey, conducted by non-profit organisation Catalyst in 2013, covers 5,977 companies in 44 countries and draws on work done by GMR Ratings.
'Swachh Bharat Cess imposed last year should be made broad-based.' 'Budget should be predominantly economy/ business-oriented and problem-solving rather than political consideration-based.'
Gold is currently trading at Rs 25,200 for 10 grams.
Congress charged the NDA government with giving the neighbouring country an opportunity to wriggle out of a dialogue on terror.
Payments banks are niche banks which will be allowed to function with several restrictions.
North Korea warns the US that it will soon 'suffer the greatest pain it ever experienced in its history'. Rajaram Panda looks at the latest twist in the North Korean crisis.
On Wednesday, FIIs sold shares worth Rs 1,573 crore.
Reacting to market specific developments, the domestic unit touched a low of 66.74 in intra-day trade before concluding at 66.65.
Ahead of Sushma Swaraj's visit, Myanmarese soldiers take over Indian territory.
By revising the India-Bangladesh land boundary agreement, the NDA is going for short-term gains and losing the long-term perspective, says Gautam Sen.
PAN could be used by the probe agencies.
The international operations of Air India seem to be the main attraction for IndiGo, which has also flagged concerns about some foreign overseas airlines being allowed "disproportionate access" to the Indian market.
The Nifty50 slipped 33 points to close the session at 8,509 after hitting an intra-day high of 8,587.
Being a pragmatist Modi is not likely to give preference to China over Japan. Both security and economic aspects are likely to shape Modi's decision in terms of engaging the two biggest economies of Asia, says Sana Hashmi.
Now, the NDAA needs to be passed by the Senate before it can be sent to the White House for the US President Donald Trump to sign into law.
'Relations between India and Japan are robust and devoid of either shadow of history or any irritant.' 'In fact, there is plenty of warmth and goodwill earned over history. There are no negatives but only opportunities,' notes Dr Rajaram Panda.
PM Modi and his Japanese counterpart are likely to sign several agreements, including on civil nuclear cooperation. Both leaders are also likely to discuss defence cooperation, including joint maritime exercises between Japan, India and the United States.
The 2 countries signed 15 agreements including one on defence cooperation after Prime Minister Narendra Modi held 'productive discussions' with President Joko Widodo.
The MoU was signed by New York Consul Geneal Dnyaneshwar Mulay on behalf of the ICCR and Richard L Edwards, executive vice president for Academic Affairs and interim Chancellor, Rutgers University to initiate this academic partnership.
'It is strange that a country like India, which had gone through crisis after crisis resulting from militancy, insurgency and terrorist attacks, should still be practising ad hocism in managing its security imperatives,' says B S Raghavan, the distinguished civil servant and former member of the Joint Intelligence Council.
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