Angry Congress members staged a walkout during Modi's address.
Chief Economic Advisor Arvind Subramanian's interview.
Sanjay Mathur, managing director and head of economics research for Asia Pacific (ex-Japan), Royal Bank of Scotland, tells Business Standard that in the emerging market pack, India needs to learn lessons from Korea and Taiwan, which have managed their economic situations well.
Chidambaram promises to maintain fiscal discipline; admits inflation is an issue.
In putting the country's economy back on the rails, it is best that Narendra Modi and Arun Jaitley draw on grass-roots feedback and their own practical sense and native wisdom without allowing themselves to be sucked into the quicksand of economic punditry, says B S Raghavan.
This is a terrible situation for a growing economy to be in, and the central bank would be expected to act to correct the situation.
Jaitley has made it a habit of giving soundbytes to the media like his predecessors on why RBI should cut interest rates
