'You cannot fight a disease as complex as COVID-19 without a carefully calibrated, localised response.'
The cumulative loss of 20 state-run lenders stood at Rs 14,000 crore during Q4
'Mr. Modi has now become 1st PM to have his illegal orders set aside by the SC'
'Modi remains the most popular politician in India; the BJP's organisational and fundraising prowess is considerable; and the Opposition, while newly collaborative, has no leader or clear economic messaging as of yet.'
Use of blockchain technology will ensure that banks will not be blindsided like in the case of the Nirav Modi-Mehul Choksi blowout at PNB, says Raghu Mohan.
The momentum created by the landslide victory of the ruling party should be utilised to carry forward reforms in the legal field, says M J Antony.
The upcoming Budget gives Finance Minister Arun Jaitley a chance to let states boost spending.
The Child Protection Services programme under the Integrated Child Development Services was increased to Rs 1,500 crore from Rs 925 crore.
Justice Gogoi's tenure as judge and as CJI was marked by some controversies and personal allegations but that never came in his way of his judicial work that was reflected in the last few days when benches headed by him delivered some path-breaking judgments.
To the extent that body shopping is replaced by true offshoring, everyone is better off, says Ajay Shah.
The Prime Minister said there is a need to have a relook at the structure of the Planning Commission and give it a new shape.
The government has asked the Indian Banks' Association to make sure that IDBI Bank's wages are on a par with other banks.
There is ample fuel in the computer revolution to do many useful things.
The most pressing issue facing the financial sector is the rising stock of non-performing assets in the banking system
Imran Khan knows Pakistan is holding a strong hand and doesn't have to flaunt it while claiming victory. But Pakistan has learned from the experience of the 1990s -- high risk of going out on a limb, asserts Ambassador M K Bhadrakumar.
The long-term growth perspective or potential for India is one of the highest in the Asia Pacific region.
'The government should refrain from 'adventurism' and 'megalomania'.' 'But this should be true of reckless government action against every Indian, whether or not they are wealthy or have access to the finance minister even when he is in hospital,' says Aakar Patel.
Rahul said that an atmosphere of fear has been prevailed in the country.
What is killing the risk appetite of the bond buyers is the inconsistency in the central bank's approach. It needs to allow the yield to find its own level, gradually. To ensure that, the RBI may adopt a similar approach with which it handles a slipping rupee, asserts Tamal Bandyopadhyay.
Can the newly-minted Jal Shakti ministry bring water to some 19 crore Indian households that have never had taps or heard the sound of flowing water, wonders Vinayak Chatterjee.
'The stimulus message was tagged on to what was meant to be an exhortation to self-reliance, glossing over the near impossibility of merging the immediate requirement of relief for a huge population and a questionable strategy for the future trajectory of a large economy aspiring to superstardom,' points out Shreekant Sambrani.
They can carry huge amounts of data, have a lot of bandwidth, but operate at short ranges, between 200 metres and 2-3 km reports Surajeet Das Gupta
Finance Minister Arun Jaitley said RBI and the government are in continuous dialogue and that relationship will continue.
'By not only decriminalising routine business failures, but by ensuring that institutional lending and corporate rescue frameworks are strengthened via the IBC, the prime minister has ensured there is no room anymore for the proverbial 'reckless, prodigal debtor',' notes Sanju Verma.
Wolfgang Schauble has done right by the Euro zone, but the Greeks believe that doesn't necessarily mean he has done right by them.
The windfall from RBI may be used to trim borrowing, help fund Rs 3.3 lakh crore capex plan, capitalise banks and provide fiscal stimulus to some stressed sectors, experts and economists said.
'The Modi government has been taking credit for improvement in respect of the ease of doing business in India.' 'But when I look at the scams I cannot help feeling that it is too easy to do business with banks in India, if one is a Harshad Mehta, Vijay Mallya or Nirav Modi and their tribe,' says former Union home secretary Madhav Godbole.
Some parties complained to the Election Commission alleging violation of the model code.
The implication of a slowdown in the financial services sector are very different (eg, likely to affect fewer people directly, and even that affecting those at the top of the income distribution) from that of a slowdown in construction, one of the most employment intensive sectors in the Indian economy (that will affect aggregate demand much more).'
Shifting to a PPP model could repeat the errors of the past
Union Finance Minister Arun Jaitley today said demonetisation left Maoists in many parts of India and separatists in Jammu and Kashmir "fund starved".
Decision-making has to be much quicker, the finance minister said.
Multiple organisations of different kinds with overlapping goals would be a dream situation for those who believe in competition and innovation.
AIIMS doctors said the BJP stalwart and former external affairs minister died of a cardiac arrest.
The new body may be headed by the Prime Minister as the chairman position would be ex-officio.
Hopefully, the grey world of central banking in a nation hit by demonetisation, will lighten up with some of his notes soon.
Will Arundhati Bhattacharya be the RBI's first woman governor? Or will Urjit Patel succeed Raghuram Rajanas RBI governor when his term ends on September 4?
India-China relations have always attracted Parliament's attention and there have always been useful and productive and constructive discussions how to engage with China, notes Rup Narayan Das.
Modi govt must bring about reforms to kick-start big-ticket infra projects.
'...Unless we muck up our policies.' 'We have to become a modernised economy.' 'Our institutions should be stronger. And that is most important.' 'The rule of law should prevail and contracts should be enforced.' 'Above all, we have to recognise the importance of globalisation.' 'It is in our favour at this stage. We should grow and become globally competitive.'
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