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.
The Congress had won over 400 seats in the 1984 Lok Sabha election after which Rajiv Gandhi became the prime minister.
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".
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.
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.
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'.
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.
On the list of 137 economies, Switzerland is followed by the US and Singapore in second and third places, respectively.
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.
'By demonetising higher denominations of currency notes, we have taken out the vehicle for corruption.' 'But the motive is still there.'
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 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.
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.
'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 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.
World trade has been growing slower than world GDP since 2012.
RBI has cited at least 10 areas where it has no control over PSBs.
"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
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.
'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.'
Private sector firms need to be re-engaged for better infra planning.
What will a split in the AIADMK mean for Tamil Nadu?
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 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 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.
Reddy has worked to reform the economy.
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.
The opposition battled it out with the Centre over farmer issues, the suspension of 6 MPs and the privileges of MPs.
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.'
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.
Initiated move to privatise Air India, but reports on poverty and cast census remained unfinished
There is a need to have a 'CEO for Mumbai' in order to realise the ambition of making it a global financial centre.
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