More than the traditional Dravidian political rivalry that's now on display, it's boiling down to father-son one-upmanship within the DMK, says N Sathiya Moorthy.
Fortune's third annual 'World's 50 Greatest Leaders' list features men and women from across the globe from the fields of business, government, philanthropy and the arts who are "transforming the world and inspiring others to do the same."
The banking sector's credibility is on thin ice. Unless the government takes strict steps, things could get worse.
The six-member monetary policy committee voted 5:1 for the decision, with only Ravindra Dholakia voting for a 0.25 per cent reduction in rates.
With crude and commodity prices ebbing and the twin deficits under check, the Reserve Bank should have cut the key policy rate to push investments and boost economic growth, India Inc said.
The Urjit Patel committee on monetary policy framework has proposed setting up of a monetary policy committee (MPC) that will be headed by the Reserve Bank of India (RBI) governor and accountable for achieving inflation target set by it.
He is stemming migration to cities and ushering in social change in Uttarakhand.
RBI said inflation in the second half of the current fiscal is projected at 2.7-3.2%. It retained its GDP forecast for the current fiscal at 7.4%
Prime Minister Narendra Modi and Home Minister Amit Shah will soon get around to reworking their organisational set-up and administrative priorities to regain lost ground in the wake of the Delhi electoral debacle, but there's third course available to them as well. That is to introduce the presidential form of government, which prime ministers Indira Gandhi and A B Vajpayee flirted with before abandoning it. Will Modi go further than them? N Sathiya Moorthy analyses the scenario.
The ministers quit their posts in protest against central govt to grant special category status to Andhra Pradesh.
Disagreeing with Reserve Bank's projection on the price situation, former RBI Governor and PM's Economic Advisory Council chairman C Rangarajan said WPI and CPI may not be as high as being projected by the central bank.
RBI has, since January, cut its policy rate four times.
The Reserve Bank of India (RBI) is expected to hold its policy interest rate at 6.75 per cent next week to stifle inflation.
Higher prices of onion and other vegetables and fruits pushed up inflation to 6.46 per cent in September.
The 30-share Sensex ended up 12 points at 28,517 while the 50-share Nifty ended nearly unchanged at 8,660.
Experts have started giving comments on provisions that the govt must make in Budget 2016-17.
Analysts expect the Reserve bank to cut rates in next monetary policy.
A rate cut could stimulate demand and help revive industrial activity, without much risk of sparking off inflation again.
Hyderabad, which would be the joint capital of Telangana and the Andhra region for 10 years, could be modelled after Delhi where law and order is handled by the Centre, Congress leader Digvijay Singh has said.
The RBI governor believes corruption ca be fought by streamlining the system.
Rajan's deputy Khan cautions against early celebration of falling inflation, unhedged forex exposure.
The more competent junior or the outsider with experience in the field should get the higher post.
Currently, the select committee is considering the Bill.
Costlier onion and other vegetables pushed up inflation for the third month in a row to 6.1 per cent in August, making it difficult for the RBI to cut rate in the monetary policy review due later this week.
'It's a dream, but will I give it up? No bloody way,' Umesh Pandey, the former Bangkok Post editor turned Opposition candidate, tells Rahul Jacob.
'The army has been open about its determination to keep the PML-Nawaz out of power at all costs.' 'Both the military and the higher judiciary have indicated a preference for Imran Khan's Pakistan Tehrik e Insaaf,' says Rana Banerji, who headed the Pakistan Desk at the Research and Analysis Wing, India's external intelligence agency.
Colonel Anil Athale (retd) recalls how the Battle of Panipat, 258 years ago, changed the history of India for the next century and half.
Since the demise of former All India Anna Dravida Munnetra Kazhagam supremo and chief minister J Jayalalithaa in December last year, Tamil Nadu's political scenario has witnessed unprecedented drama. Following is the chronology of major events in the southern state's ruling party.
Governor Rajan can be more unambiguously pro-growth.
The ruling party's decision to serve 'disqualification' notice to three party MLAs when polling for four more assembly by-elections are due for May 19 may have been taken to keep the flock together post-results, rather than seek to lose more than already, but it has sent out alarming signals in a state ruled till recently by an Iron Lady, says N Sathiya Moorthy.
This was the near-unanimous replies of 10 market participants.
Does Pranab Mukherjee want to be 'PM' by office, not just by initials? The very prospect, with memories of the Narasimha Rao years scarred into their memories, scares the Nehru-Gandhis, says T V R Shenoy.
From being compared to her 'elder sister' in every which way, to winning an election as a legislator, to awaiting the Supreme Court's verdict, the AIADMK leader has several challenges awaiting her.
Global liquidity expected to continue amid ECB stimulus
BSE Realty index zoomed by almost 7% followed by counters like Metal, Oil & Gas, Auto, Banks, Auto, Healthcare and Power, all surging between 1-5%.
IMF, which has also lowered its global economic growth forecast for 2016 and 2017 by a marginal 0.1 per cent to 3.1 and 3.4 per cent respectively, recommended six 'reform priorities' for India
Ajit Doval is now India's all-powerful security boss. This concentration of power disrupts our layered security system. Will it not weaken whatever remains of the power and authority of the home, defence and finance ministers? asks Shekhar Gupta.
Indian Ambassador to United States S Jaishankar listened to the concerns raised by Indian Americans during his first visit West Coast. He also visited leading corporations like Boeing, Microsoft, Amazon, and Starbucks during his trip. Ritu Jha reports.
Vice President Hamid Ansari on Monday embarked on a five-day visit to Morocco and Tunisia as part of efforts to build on diplomatic gains from the India-Africa Summit and lay platform for a future partnership.
The rupee is likely to strengthen to 60-61 level by this fiscal-end on expectations of improvement in current account deficit (CAD) and higher inflows from overseas investors.
