The flawed response to the crisis has fed a us-vs-them mentality in which the banker, the expert, the coastal entrepreneur, the immigrant, the foreigner are all villains. The crisis was not that much of a problem; the response -- the over-reaction, the sovereign debt build-up and the lasting anger -- is the problem, says Mihir S Sharma.
Structural changes to government finances could be focus of the Union Budget, says Mihir S Sharma.
If you are not already lost in the zeros this wealth stands at Rs 257 lakh crore or Rs 257 trillion, according to a report unveiled by Karvy Private Wealth for the year 2014.
From India's fight against COVID-19 to China face-off, Kovind spoke on several issues during the televised address.
Rajan said investments should return after initial investor worries over Brexit.
While the Congress will firm up its strategy once the ruling alliance tables the Bill, initial comments by its leaders have been encouraging.
India could allow global online retailers such as Amazon.com Inc to sell their own products as early as next month, removing restrictions that could boost competition in one of the world's biggest, and most price-sensitive, retail markets.
The renminbi is expected to weaken another 2 per cent in six months.
'Modi must keep his members in check or risk losing domestic and global credibility,' Moody's warned.
Appraising Rediff.com about the meeting, a source close to Dr Singh said Modi sought Dr Singh's advice on the economy and foreign policy. Dr Singh told Modi that he concurs with the Reserve Bank of India's concerns about the Indian economy.
'India is the largest stomping ground in the world for impact investing as we have an extraordinary combination of entrepreneurial drive with huge, absolute demand for all kinds of social services,' IDFC First Bank's chief Rajiv Lall tells Anjuli Bhargava.
Biden, 77, who served as vice president of the US for eight years from January 2009 to January 2017, would deliver his acceptance speech on Thursday.
The US has hailed a power-sharing deal between rival Afghan presidential candidates as a "moment of extraordinary statesmanship" that ended a prolonged dispute threatening to plunge the war-torn nation into further political turmoil and complicate the NATO troops withdrawal.
The trinity of rising stocks, rising yields and rising dollar since Donald Trump's election has already faced a setback.
The party is studying the governance of different countries to present an alternative model of development for India ahead of the 2014 general election, says Akshat Kaushal
For the first time in seven years the prime minister finds himself at his most vulnerable, observes Virendra Kapoor.
The appointment of Yogi Adityanath as UP CM, the revival of the Ram Temple movement, the elevation of a ban on cow slaughter as a national priority, and the targeting of any social behaviour deemed contrary to a set of narrowly prescribed Indian values point to a social regression that contradicts the inclusive and forward-looking impulse that underlies Modi's vision of a modern India.
"There will be some challenges" in the switchover to GST in the short term, Finance Minister Arun Jaitley has warned.
We are spectators who have no voice and no power to influence the giant changes being imposed on all of us, says Aakar Patel.
'According national security and higher defence management empathetic political attention they warrant is critical. Will Prime Minister Modi pick up this gauntlet?' asks C Uday Bhaskar.
Narendra Modi's pay-off from relaxing labour laws would be huge.
Foreign investors have pumped in a staggering Rs 98,802 crore or Rs 988.02 billion.
'If the Indian economy formalises, industrialises, urbanises and develops human capital, 10 lakh youngsters will join the labour force every month in the next 10 years.' 'It's not a bulb that will go off; it is a sunrise.'
Yashwant Sinha explains where the Modi government has gone wrong in its handling of the economy.
In a debacle for Barack Obama and the Democratic Party, Republicans today gained control of the United States Senate and increased its majority in the House of Representatives in a sweeping midterm election win that could complicate the President's final two years in office.
The passage of the Bankruptcy Code could set the stage for other important legislation that may see India undergo more economic change than all governments combined since the reforms implemented by P V Narasimha Rao in 1991-93, says Ben Merton.
The party's most important electoral challenge lies in whether it can meet the aspirations of the youth who were drawn by the promise of gainful work.
'James Crabtree ignores the emergence of a nexus between business and politics going back to the 1920s and talks of it as a new child of 21st century India,' says Shivanand Kanavi.
'Mamata has used minorities only as her vote bank.' 'In her entire election campaign Mamata did not utter a single sentence against the RSS.'
When oil prices are very high, cutting down the subsidy results in sharp increase in oil prices.
While he has plenty of critics at home, Rajan is a favourite among foreign investors and has been credited for bringing inflation under control.
Experts say the market is more bullish on the BJP as it will ensure continuity in policymaking.
Several brokerages lifted their outlooks for the BSE Sensex and companies were queuing to ride the wave of political euphoria
Interestingly, in his entire remarks, Modi never once mentioned regional security, Ambassador M K Bhadrakumar points out.
The next key battle the market will watch out for will be in Congress-ruled Karnataka
One person was killed and eight others injured when a series of home-made bombs packed with ball bearings exploded in front of a provincial office of the ruling Chinese Communist Party, two days ahead of the party's key meeting to finalise political and economic reforms.
If the government does not allow the Opposition a few victories, then it is opening the door to paralysis and an entrenched culture of confrontation.
Following is the full text of Prime Minister Manmohan Singh's speech at the Central Party School in Beijing on Thursday:
Experts say the BSE Sensex could rise to around 32,000 in a year.
Another sobering number is that the total Chinese investment in India in the past 10 years amounts to $400 million.
