The resignation is sure to create more political firestorms for the government as it comes on the eve of the winter session of Parliament where the Opposition has already made it clear to the treasury benches that infringing on the RBI autonomy would be a big talking point for them.
The prime minister sees himself as the "vikas purush". But realising his government's agenda for development requires not just a more efficient administration but also a credible implementation plan, says Nitin Desai.
'Modi wants to reverse everything Nehru did, but is shy of touching his daughter's most unwise policies.' 'There is no example of this more stark than bank nationalisation,' says Shekhar Gupta.
The 64-year-old Planning Commission, a vestige of the socialist era, will soon become history.
Union Railway Minister Suresh Prabhu aligns priorities, funding and organisation to shape a transformation agenda.
Despite all of the PM's many strengths, it is increasingly clear that he does not necessarily have a coherent and clear worldview on matters of macro policy.
Of the total 53,334 cases of frauds reported during 2008-09 and 2018-19 fiscal years, involving a whopping Rs 2.05 lakh crore, a highest of 6,811 cases were reported by the ICICI Bank.
RBI has cited at least 10 areas where it has no control over PSBs.
World trade has been growing slower than world GDP since 2012.
"Call it a craze, fever or national interest but HSR is our window to the outside world."
'The BJP has latched on to the idea of nationalism, but the nationalism they advocate is not nationalism as we have understood it since the time of the freedom movement.' 'This is not secular nationalism, it is Hindu nationalism.' 'It is a form of nationalism that is exclusionary and it tends to conflate national interest with the government.' 'So, if you disagree with the government, for example, on surgical strikes or demonetisation, you are anti-national or holder of black money.'
Entities reluctant to get into new segment till settlement and margin issues are addressed
The Congress, desperate to make a comeback in Gujarat, which has been ruled by the Bharatiya Janata Party for over 20 years, has tried to reach out to various sections of society in its blueprint unveiled.
The Tata empire turns 150 this year. R Gopalakrishnan, former director, Tata Sons Ltd, imagines a conversation among the group's founder Jamsetji, his son Dorabji, his successor, Nowroji Saklatwala, and his successor, J R D Tata.
Private sector firms need to be re-engaged for better infra planning.
Has the Modi government ensured that the MEA keeps abreast of the times, asks Ambassador Vivek Katju.
The three main regulators have different approaches to grievance redressal and different standards to stop harmful from coming pitched at the consumer.
While the number of active COVID-19 cases stood at 7,409, as many as 764 people have been cured and discharged, and one had migrated, it said. Of the total 273 deaths, Maharashtra tops the tally with 127 fatalities, followed by Madhya Pradesh at 36, Gujarat at 22 and Delhi at 19.
Reddy has worked to reform the economy.
The opposition battled it out with the Centre over farmer issues, the suspension of 6 MPs and the privileges of MPs.
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.
Younger party leaders are livid with the Murli Manohar Joshi-headed manifesto drafting committee for not taking their suggestions, reports Archis Mohan.
'The Budget has maintained fiscal prudence while announcing a number of steps to boost growth, particularly in infrastructure and rural sectors.'
Initiated move to privatise Air India, but reports on poverty and cast census remained unfinished
James Comey called for a national moment of reflection, in which everybody, regardless of partisan views, to evaluate the President and to consider whether he presents a threat to America itself.
After launching a book on experiences of Naidu during his first year as vice president of India and chairman of Rajya Sabha, Modi said he always provides visionary leadership whenever he gets a responsibility.
About 48.5 million shares, or 20 per cent of the shares on offer, are reserved for retail investors
There is a need to have a 'CEO for Mumbai' in order to realise the ambition of making it a global financial centre.
We must see New Delhi's position as a signal of competition to the Chinese grand design for the 21st century world, says Nitin Pai.
India's growth, he said, remains resilient with low inflation, fiscal prudence and low current account deficit, talking about robust structural reform measures.
The United States has requested India for "provisional arrest" of Congress leader and Rajya Sabha member K V P Ramachandra Rao after he was indicted by an American court in an alleged international racketeering conspiracy involving bribes of USD 18.5 million (Rs 111.629 cr) for allowing mining of Titanium minerals in Andhra Pradesh.
'The TDP walking out of the NDA is a victory for the YSRCP.' 'The YSRCP wanted it to happen so that it would help them in coming elections.'
The finance minister is "reasonably confident" that when it comes to the crunch, "it would be extremely difficult even for the Congress party to take a contrarian view" on the GST Bill.
'It's a matter of great pride that no student of Army Goodwill Schools has ever joined terrorism.'
'In plain simple English, these practices amount to a looting of our country's future by some in the business community, in cahoots with some lenders,' says RBI Governor Dr Urjit R Patel.
One hopes that the government will act on the Kelkar panel recommendations.
Lenders can now review a borrower account within 30 days of default. Earlier, the banks had to start resolution within one day of default.
Finance ministry maintains that all KYC requirements will be followed.
The IIM-B's 'Karnataka innovation report' has become the basis for the Congress party's election narrative, particularly to distinguish it from the 'Gujarat model of development', reports Archis Mohan.
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