'This is not a Sanjay Baru or Natwar Singh type of book. It's not a memoir. It's not a book to reveal conversations, real or imaginary. This is not a book to position myself at the centre of the world.' Jairam Ramesh on his stint as environment minister.
Over 20 political parties, except the Biju Janata Dal and the Communist Party of India-Marxist-led Left Front, took part in the massive rally.
The derivatives expiry on Thursday is also expected to add to the volatility.
Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy
Instead of a consumption stimulus the government must address the NPA issue with a war footing and invest in infrastructure, affordable housing and exports, says Sanjeev Nayyar.
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.
A brief report card on Modi's ministers.
Finance Minister Arun Jaitley should not drop the ball on continuing the battle against black money and move towards digital transactions to reduce the preponderance of cash in the economy, says A K Bhattacharya.
However, he refrained from speaking on Mexican immigrants and also declined to repeat his frequent promise to force Mexico to pay for the wall.
There is much work to be done to design a good GST.
The RSS chief's comment that if war broke out, the military would not be ready for at least six to seven months is correct as it faces a shortfall in training and alertness and an even greater lack of funds for defence preparedness, notes Ajai Shukla.
In a recent lecture, RBI governor Raghuram Rajan dished out some frank advice -- don't get into 'jugaad', instead try for the long haul. Only that will sustain in the long-run.
Pranjul Bhandari, Chief India Economist, HSBC, speaks about a range of issues ranging from inflation, to how Goods and Services Tax and land acquisition bills can help India hit double digit growth, and her impressions about economic growth in the last one year after Narendra Modi took over as India's Prime Minister.
China is spending billions of dollars to improve infrastructure in Tibet and other parts of its border with India. Claude Arpi explains why New Delhi can't afford to ignore Beijing's plans.
In his massive election rallies, Prime Minister Narendra Modi often caught voters fancy promising that each individual would get Rs 15-20 lakh in his bank account if he came to power.
'Tax dodging through tax havens is one of the ways multinational corporations and the super-rich in India are using to evade taxes.'
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.
Terrorism and Afghanistan were the focus points of Prime Minister Narendra Modi's talks with Uzbek President Islam Karimov on his first visit to Central Asia.
Tragic as it is, the submarine accident is more tactical in nature and it is the deeper strategic malaise across the board -- political, economic, security, judiciary, bureaucracy and even the media -- that has led to this dark mood of gloom and despondency, says Commodore (retd) C Uday Bhaskar.
'The new generation voter is hyper-nationalistic, but it isn't essentially illiberal.' 'They will find the rants of Adityanath as laughable as Irfan Habib's. They will also find the BJP's polarising approach to vote-gathering unacceptable if it fails to deliver jobs and growth,' says Shekhar Gupta.
'Without doubt, Narasimha Rao confronted huge challenges. Yet, in the very brief period I saw him at the closest of quarters, I have to say that he was simply magnificent. A lifetime of circumspection gave way to courage.'
Minister of State for Minority Affairs Mukhtar Abbas Ansari believes a national debate on a Uniform Civil Code is a must. 'The need of the hour is to debate this issue at length in order to create a consensus,' Ansari tells Rediff.com, adding, 'Such a debate must take place at the grassroot level. We must understand all the divergent viewpoints before any draft can be prepared.'
'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.
11th-hour debt restructuring programme offered no concessions to creditors
Ajit Balakrishnan recalls some lessons from the last time people talked of 'convergence' -- the mid-1990s.
The government has provided a long-term vision.
'Today you have 30 to 40 per cent of bureaucrats who are not parrots of the government, but what happens if you change the system?' 'If implemented, this can disrupt the system, which will have more adverse consequences than demonetisation.'
Gandhi attacked Modi and the BJP while latching on to the bribery allegation made by Narendra Patel, an activist of the Hardik Patel-led Patidar Anamat Andolan Samiti.
A homoeopathic state of mind pervades our thinking in governance and infrastructure-building. Do it in small, harmless doses, but nothing bitter, sharp, or bloody, says Shekhar Gupta.
'Healthcare is so expensive that while it saves lives, it destroys more lives socially and financially.' 'While the poor gets wiped out, a middle-class man goes to a corporate hospital and after the treatment, he ends up below the poverty line.' 'Generally, hospitals would like to have patients who need procedures and operations.' 'They are not so fond of palliative care.' 'How much can be made from one hour of counselling? And how much can be made from one hour of an operation?'
The 30-share Sensex ended down 215 points at 27,011.
At least a dozen officers from Gujarat are handling key assignments in various important central positions
Friendlier government policies, greater demand and better supply of coal have fuelled investor interest.
Finance minister Arun Jaitley has delivered a Arun Jaitley delivered a bold, far sighted budget
Younger party leaders are livid with the Murli Manohar Joshi-headed manifesto drafting committee for not taking their suggestions, reports Archis Mohan.
The government must justify why we need to buy foreign reactors when we have developed up to 700 MWe unit-size pressurised heavy water reactors, a design which can be easily extended to 900 to 1000 MWe unit size. Why can't the 'Make in India' philosophy apply to indigenous nuclear reactors, more than 18 of which have been designed, built, and being operated by Indian engineers, asks Dr A Gopalakrishnan.
Manmohan Singh, reveals the former President, was keen that either P Chidambaram or Montek Singh Ahluwalia be the finance minister.
Once these banks start showing losses, they will not be able to pay dividends to the government nor pay taxes, which will further aggravate the situation for the government as its return on investment as an investor would be very negligible for the next few years, says M V Subramanian.
'The corporate sector says by 2022 they will create 300 million jobs.' 'In the last 70 years we didn't do it, how will we do it in 5 years?' 'Only agriculture can bail out the economy. Unfortunately, it is not being looked into.'
Implementing the Food Ordinance is the bigger challenge and there are many provisions of the National Food Security Bill which need to be expanded and strengthened.