'Any entrepreneur who wants to create companies on blockchain will have to move outside India.' 'A ban will also wipe out the entire asset investing class that has built up in India.'
Undoubtedly, the Modi government's biggest challenge is to generate jobs for the 1 million Indians joining the work force every month. So, has 'achche din' arrived for all those young Indians eager to find jobs?
Deprecating Prime Minister Narendera Modi's attacks abroad on previous governments, former Jammu and Kashmir Chief Minister Omar Abdullah on Sunday saw it as a part of "that whole thing of about me, myself and I alone".
'It will take a long time for people's memory to be misled by a prime minister who is so arrogant and who refuses to acknowledge his own faults.'
The Modi leadership could lose Election 2024 if a communal flare-up becomes cause for all-round catastrophe, warns N Sathiya Moorthy.
Information technology, not manufacturing or infrastructure, should be the focus of the government while implementing initiatives such as Make in India and Start Up India.
The Congress leader said there is no clear-cut vision for the country going forward.
'The BJP has bent. Pakistan has not changed a single thing. It is the BJP and its supporters who have changed. And this is a very good thing,' says Aakar Patel.
If 'development' and jobs and such things are less important to many than identity, then the BJP can dominate the discourse by stressing the largest marker of identity, which is religious nationalism, observes Aakar Patel.
Non-resident Indians (NRIs) are very positive about India
India's $121 billion troubled debt pile, over $100 billion of which is on the books of state-owned banks, has come under close scrutiny from prosecutors, the media and politicians
'People shouldn't be made to pay a bigger price for being eco-friendly.'
Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.
The government, he said, has implemented 'bold reforms'.
'You have to be a total anti-national bozo to shut down the Nokia plant in Sriperumbudur, which was the first large manufacturing plant for mobile phones in India.' 'Why was the unit shut down? Because of somebody's ego.'
The BJP's prime ministerial candidate Narendra Modi will need to break several records to emerge victorious in the next Lok Sabha elections. Mayank Mishra reports.
While Prime Minister Modi grapples with serious matters of State so very successfully, may I urge that he focus just a bit of attention on the economy, says Manoj Mohanka.
'Where they lose, you never ask why they failed there, like in Bihar and Punjab.' 'You are stuck on the UP victory, thinking they have the mandate to rule for all times to come.' 'The BJP has 282 MPs, but can I honestly say that the BJP is the party for everyone?'
Prime Minister Narendra Modi on Thursday launched his government's mega scheme ' Pradhan Mantri Jan Dhan Yojana', declaring that it was aimed at eradicating financial untouchability by providing bank accounts to the poor.
The seasonally adjusted Nikkei India Services Business Activity Index fell to 50.2 in May, from 51.0 in April, pointing to the slowest growth rate in the current 12-month stretch of expansion.
Curbing the federal deficit is the government's absolute priority on February 28.
Gandhi said there's a lot of space for cooperation between the United States and India in the creation of jobs and in the education sector.
All laws have been modified to omit the domicile clause for property rights in the valley. This effectively means that anyone with enough money to spend can now technically buy property there, writes Sai Manish.
Where do the four members of the Supreme Court appointed panel to interface with farmers stand on the Modi government's farm laws?
Nobody is clear what 'minimum government maximum governance' means.
India is also likely to push for a Free Trade Agreement with the Eurasian Economic Zone and is sharing details of the study it conducted in this regard.
The prime minister's August 15 address was undoubtedly inspirational and outlined important economic and social objectives, such as making India a global hub for manufacturing, ensuring bank accounts for all poor families, major thrusts in sanitation and cleanliness, and a radical restructuring of the Planning Commission.
SEZs account for just about a third of India's merchandise exports (and roughly the same proportion of services exports). Yet, the notion of creating global manufacturing centres of the kind that propelled China to superpowerdom retains a durable appeal within the Indian policy-making establishment, notes Kanika Datta.
The background work of creating a suitable digital architecture of a website also remains unfinished as it has been a challenge to shortlist technology partners.
Rediff.com reproduces this 2014 interview with Tim Kaine where in he discusses the new opportunities to foster Indo-US trade and the improvement in ties.
'Modi cannot content himself anymore with merely indulging in Congress bashing and referring to the Gujarat 'miracle'. He'll have to show that his party is as clean and as innovative as the AAP. And this is impossible because AAP is new and the BJP is now old: the people have tried it already. What they have not tried already is Modi, and this is what may make the difference,' says the respected political scientist Christophe Jaffrelot.
Raghuram Rajan's exit reminds Syed Firdaus Ashraf of Kafka's The Trial.
'Look at the number of billionaires, the number of new billionaires in India.' 'Adani and Ambani are not the only ones.' 'What's wrong with people making money as long as it benefits us?'
'When the government wants to sell these assets, even if one set of assets gets caught in any quagmire, the whole process will fail.' 'The entire world is watching us.'
Since 2014, India has left its moorings as a pluralist, modern, secular State because that is how the BJP wants it to be, notes Aakar Patel.
'Alas, in this scheme there is nothing to stop the black money flows of the future.' 'On the contrary Modi has sown the seeds of more, through the issue of Rs 2,000 notes.' 'But have you heard one politician decrying this aspect of the scheme?' 'They must be secretly rejoicing that while Modi is taking away their past, he has not shut the door on their future,' says banker S Muralidharan.
Rahul Gandhi's absence has shocked political circles who say it is unthinkable for a political party to not have its vice-president present in Parliament to stand up and raise his voice against the government's more than a dozen controversial policies in its less than nine-month rule.
Global investor and author Jim Rogers, who recently sold his India investments, talks about his disappointment with Prime Minister Narendra Modi's economic reforms, why he is betting big on the US dollar and the Chinese Renminbi and what will bring him back to India some day.
It is time to reset expectations as government will move with alacrity on social policy, not on economic reforms.
'There will be political opposition, and this monetisation will require continued political will.'
