For the first time in our economic history a government has thought about more than 50 per cent of our economic activity instead of the five per cent represented by the Sensex companies, observes IIM-B professor R Vaidyanathan.
On the final day of his two-day visit to India's financial capital, Congres vice president Rahul Gandhi tried to connect with Mumbaikars by raising the issue of high electricity bills en route his padyatra from National College, Bandra to Dharavi, Asia's largest slum colony.
'Chidambaram, lots of people argue not without justification, is all about bluff and bluster without any concrete achievement on the ground. His record in the finance ministry fully endorses that view,' argues Virendra Kapoor.
A glance back at some of the important ups and down Indian Inc faced in 2018.
The Forbes 30 Under 30 list is harder to get into than Stanford or Harvard University. Meet the desis who made the cut this year.
Indian economy about to take-off
The prime minister's August 15 address was undoubtedly inspirational and outlined important economic and social objectives, such as making India a global hub for manufacturing, ensuring bank accounts for all poor families, major thrusts in sanitation and cleanliness, and a radical restructuring of the Planning Commission.
With GDP down by 2 per cent, while 99 per cent of banned notes make way back to the banking system, whom did demonetisation benefit?
'Despite almost $30 billion of funding since 2001, all the US reaps today is unmitigated hostility of a Pakistan emboldened to flaunt its China card.' 'How can the US give credence to any offers from Pakistan, which has trotted out the standard alibi of non-State actors time and again, including dreaded terror outfits being out of State control, Pakistan itself being a victim and so forth?'
Could the Arvind Kejriwal-led AAP become the rallying point of new energies that are getting unleashed all over urban India, in quest for a different kind of politics, to such an extent that he can rein in Narendra Modi? It all depends on how it pans out its politics in the coming weeks, says Neerja Chowdhury.
Contentious issues such as the construction of a Ram Temple in Ayodhya, abrogation of Art 370 giving special status to Jammu and Kashmir and enactment of Uniform Civil Code have been included in the Bharatiya Janata Party's election manifesto with the party making promises on them.
New Delhi and Beijing are the only two regional capitals that have commented on US President Donald Trump's speech on August 21 outlining the way forward in Afghanistan. The Indian foreign ministry statement was effusive in praise, while the Chinese statement has been one of cautious and guarded hope. Delhi has identified itself with Trump's Afghan strategy, whereas the Chinese stance is calibrated -- observant and objective, keeping a distance, says Ambassador M K Bhadrakumar.
'The Modi government's lurch toward America has not brought it any dividends so far. The Western world is simply not in a position to make big investments in India... India needs to take a leap of faith vis-a-vis China.'
Business reacted with caution to the reforms of 1991, and demanded protection from multinationals and imports. Twenty-five years later, traces of that demand can still be found, reports Bhupesh Bhandari.
'Let us also not expect that there will be a clean break with the past, much though the new government might like to think about it. In a functional democracy that is neither feasible nor desirable. But basic change it must be,' says Shreekant Sambrani.
Concluding the three-part series, Paranjoy Guha Thakurta says that the black money law is likely to fail because of the ineptness of India's investigative and enforcement agencies.
The verdict in the right to privacy case is historic and of global significance because it establishes dharma, righteousness and destroys adharma.
The verdict in the right to privacy case is historic and of global significance because it establishes dharma, righteousness and destroys adharma.
The elements are all aligned to make India a global powerhouse, says IMF Managing Director Christine Lagarde.
