BJP president Rajnath Singh has said that if the party comes to power in the next general election, its foreign policy wouldn't be much different from that of the Congress government. Aziz Haniffa in Washington
The Indian economy grew by 4.7 per cent in the April-June quarter last year and the growth rate was also 4.7 per cent for full 2013-14.
P V Narasimha Rao's grandson rued that the Congress has not "acknowledged" his contribution, but debunked suggestions that the former PM had a frosty relationship with Sonia Gandhi.
'The expectation was that Modi would become even bolder in his approach, and after only four months into his second term, we are starting to see evidence of this.'
The venom and contemptuous sarcasm evident on the army's tweet on the Yeti and my reply has something to do with the intrinsic hatred that a section of the media nurses against the right wing, says Tarun Vijay.
Western businesses and diplomats in Delhi privately say Modi's reputation as a man of action has been hurt by setbacks on economic reform.
While GST and insolvency laws are among the major achievements of the Modi government, the list of failures include demonetisation, toxic banks, manufacturing hiccups and most prominently bizarre job creation figures. Mihir S Sharma takes a look at the four years of Modi government.
'The new government will have to contend with slowing economic growth, weak private investment, anaemic exports and vulnerable external imbalances, a stressed financial system, mounting fiscal pressures (including high government debt-to-GDP ratios) and an exceptionally bad employment situation,' says Shankar Acharya, former chief economic adviser to the Government of India.
One of the most pronounced features of people who shrilly demand change is that unless it comes in precisely the way they want it, they either say there has been no change, or that it is the wrong change. The Modi government, which is being accused of both things, provides an excellent and latest example of this.
As per a PMO statement, Modi told the investors that "he believes in a fair, predictable and consistent tax system
'In the Mahabharat, when faced by an enemy, Yudhishtir, the eldest Pandav, had quipped that 'When it comes to external enemies, we are 105, (100 Kauravs and 5 Pandavs)'.' 'It is time modern politicians heed this ancient wisdom,' says Colonel Anil A Athale (retd).
While the Congress will firm up its strategy once the ruling alliance tables the Bill, initial comments by its leaders have been encouraging.
Indian stock market investors are laughing all the way to the bank with the total market value of domestic listed companies soaring to a record $1.5 trillion on a day when the benchmark BSE Sensex ended at a new closing high of 25,396.46.
'Modi didn't face such belligerence in his home state. Moreover, as the prime minister, he can no longer resort to his earlier ploy of describing every attack on himself as an attack on Gujarat. Instead, he has to rebut the charges with calm logic,' says Amulya Ganguli.
Yechury has dropped enough hints that a fight is in the offing at the Hyderabad conclave in April, where any member may move an amendment to the draft on the party's electoral line. Archis Mohan reports.
The Shanghai Composite Index eased 0.2 percent in subdued trading on Wednesday morning.
PM Modi also called for a strong action plan for combating extremism.
Indian businesses have emerged as being the most optimistic about the economy for 2015, with 98 per cent suggesting they are positive about the policies of the new government, way above the global average of 35 per cent, says a report by Grant Thornton.
Increased selling of the dollar by banks and exporters amid sustained foreign capital inflows supported the rupee.
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The worst performing Asian currency of the year so far hit a new life low of 61.80 rupees per dollar on Tuesday, breezing past a previous low of 61.21 hit on July 8. Central bank intervention helped the rupee recover, but by Wednesday it was sliding once again, to stand around 61.41 by 1.30 p.m.
Prime Minister Manmohan Singh, who leaves office this week, was tonight given a warm farewell dinner by Congress President Sonia Gandhi which was attended by a galaxy of party leaders and Union ministers.
The prime minister said India has always played a constructive role in the world and that Gandhi's philosophy of non-violence can counter extremism and radicalisation.
The HSBC India Manufacturing Purchasing Managers' Index, a measure of factory production, stood at 51.3 in April, unchanged from 51.3 in March, amid moderate expansion of incoming new business orders.
Congress leader Jairam Ramesh interacts with readers on Rediff Chat as he discusses the period that changed India's history, forever.
Once the impact of all policy changes made by the new Indian government and investments in key areas is felt, the country will see significant growth.
At first look, the reader would be aghast at the similarities in the DMK and AIADMK's manifestos, wondering if the same hand had drafted both. Yet, when it comes to drinking water and irrigation supplies, both parties are equally silent on the subject -- as if summer did not exist, as didn't water scarcity, says N Sathiya Moorthy.
Making a brief intervention during Question Hour in Lok Sabha, the Prime Minister said government was planning to involve knowledgeable people and those who can provide new ideas to redefine and restructure the Planning Commission.
China's malfunctioning stock markets remained semi-frozen.
Though the outcome of the general elections will offer a short-term boost to the market, a sustained rally will be determined by the economic data, according to a JP Morgan Asset Management report.
The party is set to rule the state for the sixth term.
The government needs to take positive action to reaffirm that story.
'With this amendment, permanent employees will cease to exist.' 'The government should give a human touch and human face to labour reforms.' 'Ideas like survival of the fittest, might is right, etc, are rules of the jungle.' 'They cannot give new terms like hire and fire to jungle law.'
It is time for Mr Modi to be a little more reasonable and rational.
The Bill will come up for discussion in the upcoming winter session of the Parliament.
The banks says that valuations are reasonable.
We are spectators who have no voice and no power to influence the giant changes being imposed on all of us, says Aakar Patel.
Benchmark 10-year bond yields hit a 13-month peak as bond traders priced in more aggressive monetary easing next year.
Between now and the general elections (likely in May 2019) there are 12 assembly polls, which analysts say, in a way will also be interpreted as a referendum on the Modi-led government's key reforms
GST Bill needs a two-thirds majority in each House.
The 70-year-old was the only contender in the election.
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