India needs a place where all regulators could gather and function as in a war room.
This was India's time; with a strong central bank governor and a new decisive government, anything was possible.
'Misplaced national priorities have brought the economy to a cul-de-sac,' says Ambassador M K Bhadrakumar.
'By the 2019 Lok Sabha elections, they moved back to the BJP almost totally and later their backing helped us win the local body elections.'
An official announcement to this effect would be made next week. The vice-chairman would be of Cabinet rank.
In the near term, the key driver will still be the government's fiscal spending.
'Modi has sowed the seeds of a transformational change.' 'For the sake of the nation and our children I hope he succeeds.'
Lack of political consensus on economic reforms a key concern.
Senior Congress leaders Venugopal, Ajay Maken and Ashok Gehlot had on Wednesday took stock of the preparations for the Chintan Shivir.
While three of the top five FPIs - Capital, Government of Singapore, and Vanguard - have seen their investment value more than triple, India's benchmark indices have risen just 70%.
'We first need to acknowledge the truth.' 'We are trying to diminish the problem and say, everything is okay and green shoots are emerging.' 'Imagine you are a doctor and not getting accurate medical reports, how do you diagnose and treat the illness?' 'We are not dealing with a terminal illness here, we are dealing with BP and cholesterol, which are imminently curable.'
We still have time for this government to take action.
'At a time when the economy is depressed, a pandemic is raging, and the Chinese are making noises on the border, the NRC could be resuscitated.'
'We suggest investors with suitable risk appetite to consider allocating 40-50 per cent in large-caps, 25-30 per cent of funds in quality mid and small-caps and the rest in debt and high yield products.'
Growth in India will pick up from current levels, says LEO Puri, managing mirector, UTI Asset Management Company.
Significantly, for the first time, the FATF put Myanmar in the "high risk jurisdictions subject to a call for action", often referred to as the watchdog's black list.
'Today, moviegoers are in the 13 to 33 age bracket.' 'If people like us have to remain relevant, we have to make movies that cater to them,'
The implementation of their recommendations means that an adequate apparatus to change this is at the disposal of the government.
BRICS has no plans to form a military and political alliance, Russian President Vladimir Putin said on Wednesday, in an apparent effort to allay apprehensions of the West.
'With 1.3 billion consumers, India's market has great potential.'
'The time has come to ask the extent of coercive power the State must arrogate to itself to achieve economic ends,' points out T C A Srinivasa Raghavan.
'The aim of Russian policy is to reform European security, stop NATO expansion and in a more general sense -- set up the new rules of relations between the great powers.' 'From this perspective. the invasion of Ukraine is quite pointless.'
Most Indians expect their personal happiness will improve over the next five years, posing a concrete benchmark against which to measure the future success of Modi govt
Overall, the record of the second term reveals a contradiction between the image and the reality. The image, especially on media and social media, is one of the man at the height of his power, and unstoppable. The reality on governance is someone who has found it difficult to get things implemented and unsure of what to do next, points out Aakar Patel.
'If because of El Nino, the monsoon is affected adversely in the current year, naturally it will affect income projections and consequently Budget numbers.'
'There are two pre-conditions for big reforms. One, a sense of crisis and second, fairly concentrated levers of power.' 'India is growing at 7.5 per cent or something close to that.' 'Our levers of power are decentralised, not just between the Centre and states. Power is dispersed and there is no sense of crisis.'
'You just make the bureaucracy honest and make them function with integrity.' 'Everything will be taken care of after that.' 'But this Mission Karmayogi does not even mention these two words -- honesty and integrity.'
The Congress needs to reorganise itself at the grassroots, infuse younger blood, and have more boots on the ground. Just offering freebies is not the answer anymore. Leadership matters, asserts Ramesh Menon.
The murder of Atiq and his brother and the police encounter with his son have raised many questions about the propriety of how crime is tackled by the Yogi government. But Yogi knows he has the support of the people who are fed up with crime holding the state to ransom for decades, asserts Ramesh Menon.
The Central Committee members on Sunday elected a 25-member Political Bureau which picked the Standing Committee members to govern the country.
The government is by far the largest employer; job security is guaranteed for government employees, and their wages are set through once-in-10-year Pay Commission.
Former New Jersey Governor Chris Christie and a Republican presidential aspirant have called his fellow rival Indian-American Vivek Ramaswamy a guy who sounds like ChatGPT and described him as an "amateur" Barack Obama.
There's an entire gurdwara dedicated to immigration. People present tiny airliner models here in the hope that Waheguru will soon give them a ticket, passport and visa to leave, reveals Shekhar Gupta.
The middle class's long push to force the state to retreat from the economy may be reversing, says Ajit Balakrishnan.
It does not apply to anyone who might come to America illegally in the future. It does not grant citizenship, or the right to stay here permanently, or offer the same benefits that citizens receive, the President said.
The Modi government's array of economic policy has been impressive.
Finance Minister Nirmala Sitharaman on Wednesday raised the personal income tax rebate limit, doled out sops on small savings and announced one of the biggest hikes in capital spending in the past decade as she did a tight rope walk in the Budget between staying fiscally prudent and meeting public expectations in the year before general elections.
'The Russian attack might be a wakeup call for Europe.'
We have a government with an extremely weak economic team advising a PM who hardly pays attention to their thoughts, says Jayanta Roy.
Modi government needs to focus more.
