After 24 months of slowdown beginning in January 2018 before the pandemic and then 18 months of collapse since January 2020, we have become the world's worst performing economy, observes Aakar Patel.
The rupee's recent decline is sharp, yes, he says, but the tale would be scary if India was like the Asian crisis countries of 1997-98, or even Argentina in 2001, when large amounts of debt was denominated in foreign currency. According to him, India's percentage of external debt to GDP was around 20
PAC summons RBI Governor Urjit Patel, Finance Secretary Ashok Lavasa and Economic Affairs Secretary Shaktikanta Das.
United States Secretary of State John Kerry, heading a high-powered delegation of his cabinet colleagues and top military commanders, today left for India as part of his 10-day seven nation Asia trip.
The only possible solution to the Kashmir issue between India and Pakistan is to create a situation where the "lines while in existence" become "irrelevant", Jammu and Kashmir Chief Minister Omar Abdullah said in an interview published on Sunday.
Members in the Lok Sabha on Thursday expressed grave concern over hate crimes against Indians in the United States, with opposition parties questioning Prime Minister Narendra Modi's "silence" on the matter and the government saying it was being "viewed seriously".
Launching a fresh attack on Prime Minister Narendra Modi, the Shiv Sena today said he is leaving his work in Delhi to hold rallies in Maharashtra.
Finance Minister P T R Palanivel Thiagarajan has proclaimed his determination to set Tamil Nadu's fiscal house in order in five years, and Friday will show how he plans to go about it when he rises to present the Stalin government's maiden budget, says N Sathiya Moorthy.
'1984 is important as it is the beginning of the State making war against its citizens in India.' 'Since then, we had the government of the day organising riots or genocide by attacking certain people.'
He has also convened the first meeting of the extended CWC on July 22 to chalk out the party's future strategy.
'The Congress wants to deprive Modi another term in 2024 and for that they are ready to make any sacrifice.'
We bring you some of the best pictures from across the nation in the last one week.
Congratulating Rahul Gandhi on his elevation, she said personal attacks on her son have made him fearless and voiced confidence that the young leadership will infuse new vigour in the party.
In recent years India-Japan relations have acquired rich economic content and strategic intents. Although the bilateral trade at $18 billion between the two countries is not very impressive and leaves much to be desired, the economic engagement between the two countries is both qualitatively and quantitatively noteworthy. India-Japan defence cooperation, however, has generated a lot interest among the strategic community in the context of rise of China. There has been a lot of speculation about India-Japan strategic partnership to hedge China, says Rup Narayan Das.
By keeping the Sanatana Dharma row alive and adding the Ayodhya temple consecration scheduled for January 22 and adding the free darshan promise from four polled states to the entire country, the BJP may have a self-fulfilling concoction, predicts N Sathiya Moorthy.
A quick scan of prime ministerial speeches at the PBD going back to 2009, another election year, reveals no political utterances by either Modi or his predecessor, Dr Manmohan Singh.
The names of Meenakshi Natarajan, considered close to party Vice President Rahul Gandhi, and Oscar Fernandes are being mentioned in Congress circles for a possible berth in the Union council of ministers.
Tailang was under treatment for brain cancer since 2014 and breathed his last at his East Delhi residence in Mayur Vihar.
The Chinese inference is that if the Chinese visa is embossed on an Indian passport, held by Indian citizens from Arunachal Pradesh, it may be tantamount to recognising Indian sovereignty over Arunachal Pradesh, states Rup Narayan Das.
Prime Minister Narendra Modi's address to a joint meeting of the United States Congress will be an opportunity to energise efforts to improve bilateral ties, top American lawmakers from across the political divide have said.
'Rahul Gandhi has shown that he can field questions on the fly -- something the frontrunner in this election has failed to do in the last five years -- but does it mean he can survive another bout with a primed-up ArGo?' asks Saisuresh Sivaswamy.
The message for 2024 is that the man on the street is not going to be euphoric if the G-20 crowns Modi as king-emperor for 2023, or if India sends its first man to space just ahead of the Lok Sabha polls. Even a 'temple consecration' in Ayodhya, or a Uniform Civil Code, or both of them together, may not have enough electoral purchase if fuel and commodity prices are not rolled back, and money-in-the-pocket does not fatten, points out N Sathiya Moorthy.
Pakistani troops violated ceasefire on Saturday by targeting Indian posts along the Line of Control in Poonch district with rocket projectile grenades and heavy machine guns this morning leading to heavy firing exchanges.
Taking a jibe at Yashwant Sinha, the finance minister said that he doesn't have luxury of being former finance minister.
Accusing the Bharatiya Janata Party's prime ministerial candidate Narendra Modi of "lecturing" as if he was the "cleanest of them all", Congress President Sonia Gandhi today advised him to read history again to know about the party's contribution in transforming the country since Independence from a poor state to a progressive nation.
The government on Thursday insisted in the Lok Sabha that it had never claimed that all the black money stashed abroad would be brought back within 100 days even as the opposition continued to target it over the issue.
Marking the culmination of the 67th Republic Day celebrations, the military on Friday held the beating retreat ceremony at Vijay Chowk in Delhi with patriotic fervour.
'People, who are objecting to the movie now, should have objected in 2014 when the book came out. But nobody did.'
'The idea of subversive activities is so vague that it could include making fun of the government, being critical of the government.'
The Congress requested the President to remind the central government of its 'raj dharma', Singh said.
Stepping up his offensive, Congress vice president Rahul Gandhi on Thursday hit out at BJP's ideological mentor, Rashtriya Swayamsevak Sangh saying its belief was "murdering" individuality and that thought process is now running the country in which only one man knows everything from farmers to clothes.
A day after he saw Sachin's 200th Test match at Wankhede, Congress vice president Rahul Gandhi is learnt to have pushed the Bharat Ratna for Sachin Tendulkar with an eye on the youth vote.
Most encouraging thing is savings and investment rates are high.
Dhanteras, the prime minister said, has become even more special.
'Since Modi is walking a tightrope between two worlds -- one of the saffron brotherhood and the other of the proposed smart cities and bullet trains -- it is understandable why he is averse to scrutiny lest he loses his balance by tilting too heavily on one side or the other. But, why has Sonia Gandhi acquired the reputation of a sphinx,' asks Amulya Ganguli.
D K Sarraf replaces Vasudeva, who turned 60 on Tuesday and is due to superannuate on Friday.
The Congress on Monday deferred the election to the post of party president till the COVID-19 situation improves and decided to set up a group to assess losses in the recent assembly polls, with party chief Sonia Gandhi saying it has to put its house in order by facing reality and drawing lessons from the 'serious setbacks'.
The opposition party vowed to hit the streets against the "Modi-made inflation" and run a people's movement over price rise.
Was the defence minister kept in the dark with the PMO directly dealing with the then defence secretary in the matter of General V K Singh's birth date? Was the trust deficit between the government and the then army chief so wide that instead of communicating directly with General Singh and the defence minister, the PMO and other arms of the government were depending on half-baked inputs from the Intelligence Bureau?
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