Instead of a consumption stimulus the government must address the NPA issue with a war footing and invest in infrastructure, affordable housing and exports, says Sanjeev Nayyar.
Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.
'By not letting bankrupt banks fail, we have discouraged ordinary folk from taking precautions while choosing their bank or at least when they hear bad news about their bank,'says S Muralidharan, former MD, BNP Paribas.
Prime Minister Narendra Modi on Friday told his military commanders that he saw a "rare" possibility of a full scale war but asked them to be ready for "invisible" enemy and challenges which will be "less predictable" in a changing world.
In his fifth address as President, Pranab Mukherjee asked authorities and institutions of the State to adhere to the 'dignity' in discharging their duties.
India is Asia's other bad debt headache.
'We think children are not as smart but that is so unfair.' 24 director Vikram Kumar gets talking about his latest hit.
Without some firmer pledge of debt relief, neither Greece nor the IMF is likely to accept a deal
Is Modi trampling upon senior BJP colleagues while taking decisions? How come Team Modi underestimated the political action-reaction when they were upsetting and uprooting the BJP's founding fathers L K Advani and Murli Manohar Joshi in the ticket distribution process?
You may like it or not but Apple's iPhone 6 and 6 Plus are definitely ahead of other premium smartphones available in the market when it comes to performance, battery life and OS, says Shruti Puri.
'Disturbingly, the dissenting judgment of the Supreme Court has raised doubts whether religion, race, caste, community, language etc can be separated from politics at all. It has rightly underlined that this question should to be addressed by Parliament rather than the Supreme Court,' says Dr Madhav Godbole, the former Union home secretary.
Ameesha Joshi tells Harish Kotian/Rediff.com what made her and Anna Sarkissian devote much of the last 10 years on a movie on women's boxing in India.
'The surge of Saudi nationalism is the last thing Washington wants,' says Ambassador M K Bhadrakumar.
The biggest challenge on policy front is the fight against the perception that a small number of big corporations do cosy deals with the government.
Soldiers fighting the enemy will receive state-of-the-art assault rifles, other soldiers will get 'Make in India' rifles.
'India is the number one IT destination in the world as we have the largest number of IT professionals in the world.'
A report submitted by the consortium of seven Indian Institutes of Technology on way to rejuvenate the Ganga river is at heart of Prime Minister Narendra Modi's ambitious plan to restore the glory of the river.
29 years ago this August, Pakistan's dictator, the general who made jihad part of Pakistani State policy, died in a mysterious air crash. Did the KGB, the then USSR's dreaded espionage agency, assassinate Zia-ul Haq? Was India's RA&W responsible for blowing Zia's military aircraft out of the skies? Was it Zia's many enemies in Pakistan's military? Was it a box of mangoes as Mohammad Hanif speculated in his fascinating novel about Zia's death? Or was the assassin someone else?
29 years ago this August, Pakistan's dictator, the general who made jihad part of Pakistani State policy, died in a mysterious air crash. Did the KGB, the then USSR's dreaded espionage agency, assassinate Zia-ul Haq? Was India's RA&W responsible for blowing Zia's military aircraft out of the skies? Was it Zia's many enemies in Pakistan's military? Was it a box of mangoes as Mohammad Hanif speculated in his fascinating novel about Zia's death? Or was the assassin someone else?
29 years ago this August, Pakistan's dictator, the general who made jihad part of Pakistani State policy, died in a mysterious air crash. Did the KGB, the then USSR's dreaded espionage agency, assassinate Zia-ul Haq? Was India's RA&W responsible for blowing Zia's military aircraft out of the skies? Was it Zia's many enemies in Pakistan's military? Was it a box of mangoes as Mohammad Hanif speculated in his fascinating novel about Zia's death? Or was the assassin someone else?
But he is actively pursuing greenfield steel plants in Karnataka and Jharkhand; ultimately, only one of these might come up.
No more than 62% of farmland acquired for Special Economic Zones has been used for its intended purpose of boosting manufacturing, exports and jobs
The Long Range Surface to Air Missile jointly being developed by India and Israel is an answer to potential threats from Pakistan's anti-ship missile.
Prime Minister Narendra Modi on range of issues -- from Rafale deal to Ram temple and triple talaq.
Kabir Khan tells Patcy N/ Rediff.com what Bajrangi Bhaijaan is all about.
The online world is driven by convenience, simplicity and speed.
The United Progressive Alliance government's efforts to extend a friendly hand to the Sheikh Hasina government in neighbouring Dhaka were thwarted by West Bengal Chief Minister Mamata Banerjee whose party joined hands with the Adom Gana Parishad in the Rajya Sabha on Monday, ensuring that the Constitution Amendment Bill ratifying the Land Boundary Agreement with Bangladesh could not be introduced.
Dr Swarnim Wagle, the official behind Nepal's reconstruction strategy, speaks to Patrick Ward.
Prime Minister Narendra Modi on Thursday address Members of the British Parliament in London where he promised to open more doors of cooperation between the two countries and delved on issues like terrorism and United Nations reforms.
'Modi's promise of change during the election campaign was on the domestic front, but his first year in office focused on foreign policy beyond all expectations,' says Ambassador T P Sreenivasan.
Article 370 is a golden cage that keeps Kashmiris trapped in a stifling environment, deters other Indians from investing in the state perpetuating its economic penury and expressly hinders the understanding of India; all under the false premise of preserving a narrow parochial identity, says Vivek Gumaste.
'Make in India' will be central to Mr Modi's visit to Europe and Canada. It is difficult to predict what will happen with the Rafale deal, but if it goes through, it will undoubtedly become the 'Mother' of all 'Make in India' projects,' says Claude Arpi.
On the first anniversary of the Narendra Modi-led NDA government, Sangh Parivar affiliates say they are annoyed with the ruling dispensation but can't live without it either
Scientists at the India Meteorological Department warn that not only has India turned hotter in the last two decades, but that heat waves are projected to become more intense, have longer durations and greater frequency, thereby resulting in more deaths.
A recent inquiry report by the Geneva-headquartered Office of the High Commissioner for Human Rights has cast serious aspersions on the claims of the Sri Lankan government over alleged war crimes duirng the conflict with the LTTE. Vicky Nanjappa reports.
'The government's proposal to store citizens' data including Aadhaar data under its Digital India initiative on cloud is violative of the citizens' human rights because the cloud is admittedly beyond India's jurisdiction.'
A tussle between the Delhi government and the Lt Governor has left bureaucrats vulnerable to sudden transfers.
'Decisions on nuclear power have so far been taken by a small select group, primarily interested in profiteering from their actions, stating 'secrecy' as necessary from the national security point.' 'This argument is false, because we are dealing with the 'civilian' nuclear power sector, which is open even to the IAEA,' says Dr A Gopalakrishnan, former chairman of the Atomic Energy Regulatory Board.
The India-Afghanistan relationship does not have to be a template of each country's relations with Pakistan, and Delhi will do well to leave it to Ghani to redefine the parameters of Afghanistan's security cooperation with India. A zero-sum mindset can only exacerbate regional tensions, says Ambassador M K Bhadrakumar.
Since many of Modi's urban policies were initiated in Ahmedabad, the city may act as a template to examine what can be expected in a country that is witnessing the biggest migration from rural to urban areas in the world
