Two successive reports, one by Percy Mistry in 2007 and the other by Raghuram Rajan in 2008 had provided the RBI and the finance ministry with blueprints of what to do next. Both reports, unfortunately, was put on ice. The global meltdown saved the RBI. It also saved the finance ministry from having to work on the two reports.
As the dust finally settles on the outcome of the Lok Sabha elections 2019 and Bharatiya Janata Party along with its NDA allies emerges as the clear winner, here is a list of who won in each of the 7 phases of elections.
Ahead of the visit of an all-party delegation to Jammu and Kashmir, political parties on Saturday pitched for holding dialogue with "all stakeholders", including Hurriyat, to douse the unrest and banning the use of pellet guns by security forces.
Government employees in 13 districts of coastal Andhra and Rayalaseema launched an indefinite strike on Tuesday protesting the proposed bifurcation of Andhra Pradesh.
Rajnath Singh led the delegation of 26 MPs from 20 parties which stayed overnight in Srinagar before stopping over in Jammu this afternoon.
'Tilting at the Government in English in front of India may make him feel like Joan of Arc, but without a feel for Bharat he will merely be Don Quixote,' says S Muraleedharan, former managing director, BNP Paribas.
'There is one weapon in the government's armoury which impacts the independence of the judiciary, and which has not been affected by the collegium system.' 'It is post-retirement employment with the government. 'This is because some judges -- but not all -- are offered post-retirement employment by the government, and it has often been feared that judges close to retirement might decide cases so as to please the government in order to get a favourable post-retirement position,' says Abhinav Chandrachud.