Available evidence suggests that we are on the way to a very costly failure of the current demonetisation scheme, says M R Narayana.
In the second and concluding part of his interview, Gurumurthy outlines the two areas he believes the government should focus on.
'Modi is likely to make more announcements to win or retain popularity, and put himself at the centre of things even more than now,' says T N Ninan.
Following is the Facebook post of Finance Minister Arun Jaitley on one-year of the BJP-led NDA government.
'After Vajpayee-Advani, Modi-Shah is the second best in India.'
While naysayers say the economy is on a downward spiral, optimists point out that India has experienced a shift of gears in the realm of policies, thanks to several initiatives of the Narendra Modi government, says Ashok K Lahiri.
A classic example of a leader who has chosen to risk everything for his vision.
'This is a watershed election in Indian politics.' 'For the first time, we are moving away from identity politics to aspirational politics.'
'Life will not improve overnight; it will happen in a gradual manner.'
'Rahul is only making a pathetic public spectacle of his lack of judgment and good sense by hallucinating that somehow, the Congress, or whatever political combine is cobbled together, will displace the BJP at the coming Lok Sabha election by constantly harping on the Rafale deal,' argues retired civil servant B S Raghavan.
One can expect significant changes at India's banks in ensuing months.
While some CMs suggested reopening economic activity in phases, others pitched for the extension of the coronavirus lockdown, but with a carefully crafted exit strategy
In 2014-2015 the I-T department put up 669 cases for prosecution. The charges stuck in only 34 cases: Just 5%. It was no exceptional year -- the story broadly follows the script every year.
'Because of the government's step, the people are now going to splurge on consumption.' 'If you ask me, would growth be 8% for 2017-2018, I would say 7.5% because of the demonetisation move would not be very significant.'
P Chidambaram accused the BJP of making a u-turn on bills like GST after having stalled them during the UPA regime.
'Voters did not turn up in large numbers in Bangalore.' 'If more voters of Bangalore had come to vote, we would definitely have reached the magic figure.'
The govt has a lot more to do then just open bank accounts for the poor in the Jan Dhan scheme.
Economic growth in the last two years has stayed above seven per cent.
India's rising GDP may have propelled the middle class to become richer, buy new cars, travel around the world and build assets, but it further pushed the economically disadvantaged and poor into poverty and drudgery, says Devanik Saha.
'We are completely engaged in fighting poverty; alas, our neighbour Pakistan seems only engaged in fighting us.'
India's cities must switch over to piped gas leaving LPG cylinders.
'We are in touch independently with leading players, and they are denying it as well.' 'The Indian digital footprint is rising, creating new opportunities.'
The top two in the government and in the Bharatiya Janata Party, Prime Minister Narendra Modi and party President Amit Shah, respectively, spent the day trying to hard sell not just the contentious land Bill but also how the Modi government stood for the welfare of farmers.
Accusing the erstwhile Congress governments of pursuing "vote bank politics", PM Modi reached out to the numerically significant Nishad community in Uttar Pradesh
The challenge ahead for central and state governments remains enormous.
The BJP president demanded that Rahul apologise for his stand on the JNU issue, saying support to anti-national forces in the name of the Left's progressive ideology is not acceptable.
At its peak five years ago, it was a lifeline for 5.5 crore, or one in every three rural homes
Report card of the Narendra Modi-led central government for the first six months, on the basis of ratings by top CEOs, under key parameters.
The Bharatiya Janata Party's hot saffronite swami is yoga teacher Ramdev.
Mihir S Sharma outlines why this year's Union Budget does not respond to the needs of India's economy, or attempt to frame the economy's future.
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Of the 11 licence holders, only eight remain in the fray as concerns about profitability and rising competition are making them think twice before jumping in.
The new Insurance Bill will boost investment in the sector
FIXES BY THE GOVERNMENT: Energy price fixed, tax issues linger.
The government's initial promise and energy seems to have dissipated.
N Sundaresha Subramanian digs deeper into what Catalyst, an Indo-US project, brings to the payments ecosystem.
Aadhaar now has legal backing but it still faces challenges of privacy and data sharing
Not declaring the black money under the scheme now, but showing it as income in the tax return form would lead to a total levy of 77.25 per cent in taxes and penalty. In case the disclosure is not made either using the scheme or in return, a further 10 per cent penalty on tax will be levied followed by prosecution.
The concept of gold as an asset capable of getting anytime money is evaporating.
Swaraj emphasised that the UN must accept it needs fundamental reform.
Low consumer demand, a slide in investments and troubles in the banking sector should prompt the government to recalibrate taxes and expenditure. It is also important to ramp up spending on health care and education, says CII president Sumit Mazumder.
