'All of Indira Gandhi's bad economic ideas are being strengthened, from nationalised banks to anti-poverty, handout yojanas,' says Shekhar Gupta.
Deadline to submit convincing reform plans is this week.
Banking is a boring business but still the banker should enjoy it as fancy awards and cozy relationships with politicians, Bollywood stars and corporate honchos cannot save them if the job is not done properly. In the concluding part of the series Tamal Bandyopadhyay wonders how long Kochhar would need to wait for her redemption or downfall and atonement.
Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.
'Modi has shown political courage by instituting several economic reforms which include demonetisation, ushering in GST, eradication of benami transactions...'
With the July 1 deadline to apply for bank licence fast approaching, aspirants are scrambling to meet the Reserve Bank of India's (RBI) eligibility criteria to apply.
Given Congressional objections, we have told the Pakistanis that they should put forward national funds for that purpose," US State Department spokesman John Kirby said.
The Congress president had on April 10 claimed that the apex court has made it "clear" that Prime Minister Narendra Modi "committed a theft".
'There is no tried and true recipe for creating Silicon Valleys.' 'Attracting and creating a mass of truly dynamic entrepreneurs is at the core and among the hardest and most necessary ingredients.' 'In the US, close to 60% of the top valued tech companies were started by immigrants who found the start-up climate to be superior to where they came from.' 'India would clearly benefit from attracting back its talented Diaspora, but it also needs to hold onto those entrepreneurs.'
Modi govt must implement few policy measures which it announced in Budget 2015.
China's intended role for AIIB is not so different from the existing Western lenders like the World Bank.
'MFs have a combined exposure of Rs 3.2 lakh crore to NBFCs, out of which Rs 1.1 lakh crore matures by September 2019.'
Addressing a press conference in the nation's capital, he claimed that Verma's removal was an "insult" to the Constitution, the chief justice of India and the leader of the opposition.
Rajan, who has also served as chief economist at the International Monetary Fund (IMF), said he had no idea what statistics are pointing at currently and "a revamp" was needed "to really figure out what India's true growth rate is".
The plan of UID/Aadhaar-based surveillance does not end with the collection of fingerprints and iris scan, it goes quite beyond it and poses a lethal threat to the idea of India, says Gopal Krishna.
'The RBI risks becoming dangerously weakened, as successive governments and finance ministers have misunderstood its role'.
The Congress had won over 400 seats in the 1984 Lok Sabha election after which Rajiv Gandhi became the prime minister.
On the list of 137 economies, Switzerland is followed by the US and Singapore in second and third places, respectively.
While business, humanities and engineering programmes at the undergraduate level start at 10,000 (annually), candidates should make provision of 8,000-12,000 (approx Rs 6 lakh to 10 lakh) towards living expenses annually, says Sushil Sukhwani.
'By demonetising higher denominations of currency notes, we have taken out the vehicle for corruption.' 'But the motive is still there.'
The NSE 50-share Nifty also closed higher by 61.60 points, or 0.59 per cent, at 10,504.80 after shuttling between 10,513 and 10,441.45.
Poor land-use planning, indiscriminate approvals of building plans and the absence of disaster-risk assessment in urban design have resulted in what experts term concentrated concretization, predisposing cities to disaster risks
The 64-year-old Planning Commission, a vestige of the socialist era, will soon become history.
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.
Union Railway Minister Suresh Prabhu aligns priorities, funding and organisation to shape a transformation agenda.
'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.
World trade has been growing slower than world GDP since 2012.
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.
"Call it a craze, fever or national interest but HSR is our window to the outside world."
Entities reluctant to get into new segment till settlement and margin issues are addressed
RBI has cited at least 10 areas where it has no control over PSBs.
Private sector firms need to be re-engaged for better infra planning.
The three main regulators have different approaches to grievance redressal and different standards to stop harmful from coming pitched at the consumer.
Has the Modi government ensured that the MEA keeps abreast of the times, asks Ambassador Vivek Katju.
'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.'
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.
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.
Reddy has worked to reform the economy.
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.
