The Congress leader said a 'storm' was brewing on the economic front that will cause damage and hurt many.
While many promises remain unrealised, power reforms and the creation of tens of millions of new bank accounts have helped Modi maintain his popularity
To believe that the key job of his senior ministers is to ensure that his image be kept intact whatever be the outcome of his policies is to expect too much even of someone as ambitious as Narendra Modi, asserts Rashme Sehgal.
'Modi has given India its 'lost half-decade'. Elect him again and by 2024 it will be a lost decade'
Rural slowdown may delay growth in the economy.
'We tightened our risk frameworks once the Covid crisis started.' 'We are slowly lightening this as we see economic activity pick up, salaries getting restored, and people getting back into jobs.'
This compares poorly to other developed markets as the average wealth of a person in Australia has increased by over 100 per cent and in Canada by over 50 per cent in the same period.
While sales momentum from rural areas may last another three to six months, sales growth in urban areas could stage a comeback by next year's June quarter as people learn to live with the coronavirus and economic activity gradually improves in the cities.
India-Israel relations are at a crossroads. Simply chanting old hackneyed mantras on terrorism, secularism, democracy, et al, won't suffice. There is danger of stagnation setting in, says Ambassador M K Bhadrakumar.
Saddened by the financial hardship being faced by the hockey community amid the COVID-19 pandemic, former India captain Viren Rasquinha has raised Rs 22 lakh to be distributed as one-time benefit among players, coaches and groundsmen working at the grassroots level. The fund has been raised in just one week through a joint initiative of non-profit organisations Olympic Gold Quest, of which Rasquinha is a Director and CEO, and Go Sports Foundation. They named the initiative #LetsStickTogether.
For women's hockey in the country, this result may well turn out to be a watershed moment.
Once the Covid crisis subsides in the state, the NEET exam this year, whether conducted or cancelled, could become an electoral issue next year, along with the BC-MBC reservations issue, especially the 'creamy layer' aspect, says N Sathiya Moorthy.
'We are only amplifying the voice of scientists and experts. We are gathering information by talking to experts and are sharing it. If the government chooses to ignore that, what can we do?'
No country has grown without educating its people. India's shameful lag in primary and secondary education has persisted for several decades, and the crisis in higher education is now threatening a social and political calamity, says Ashoka Mody.
At a pre-Budget meeting, the FM was asked to ensure that NBFCs come out of the liquidity crisis they are facing with the help of RBI. They also spoke about the futility of trying to achieve a 3 per cent fiscal deficit target over the medium term.
'When people feel they are trusted, they invariably do their best, both as individuals and as a collective team.'
Cricket Australia (CA) announced Kevin Roberts' resignation with immediate effect on Tuesday, following months of criticism over his stewardship during the COVID-19 shutdown.
Mental health and life coach Anu Krishna tells you how to take control of your life.
'Political convenience' and 'personal ambition' played a major part in Scindia's decision to the Congress, said a party leader.
Australia captain Steve Smith was delighted with the way his side rebounded from a series defeat to South Africa to sweep Pakistan 3-0 on Saturday but warned their next Test campaign in India would present a challenge on a whole different level.
Amid the crisis has risen an outpouring of empathy from ordinary people across India led by the civil society, who have stepped up to help migrant labourers, domestic helps, construction workers, and small scale workers who were left jobless because of the nationwide lockdown.
At present, Indian indices are under-performing as compared to others and a package from the government can help cover the ground.
Priyanka said the Modi government did not fulfil its promises of providing jobs to crores of people in the country.
We are today carrying out the reconstruction of New Delhi which will cost us Rs 20,000 crore and give the prime minister a new house while crores of people have no means and no money to buy vaccines for their children, observes Aakar Patel.
It does feel like we are close to the end of the rupee's rally, says Jamal Mecklai.
Malaysian authorities have said they would no longer issue permits to companies seeking to bring in foreign workers and asked the employers to hire locals who have lost their jobs due to global financial crisis.
The Tamil Nadu voter may not be in the mood to test new talent, not when the state and the people are going through unprecedented and unanticipated crises, of which coronavirus is only the first. All of it boils down to an election between the ruling AIADMK and the Opposition DMK next year, with small-timers, had-been parties and promised parties left on the sidelines, says N Sathiya Moorthy.
Prof Ananth Narayan, well known financial expert who works as a faculty member at the SP Jain Institute of Management and Research and the RBI's nominee director on the board of Yes Bank, expects a double-digit contraction in India's GDP this fiscal year. In the first of a two-part interview to Shobha Warrier/Rediff.com, Prof Narayan, below, says, "Giving liquidity and loan to cover the cash flow problem is not sufficient because you are essentially increasing the debt of many of these companies. And they might not be able to bear the burden."
A recent study shows that more than 100 million people are excluded from the public distribution system because the central government insists on using 2011 population figures to calculate state-wise PDS coverage, which effectively leaves out 100 million people, reports Sanjeeb Mukherjee.
'Banks have to be braver, willing to take more risks and give confidence to the customer,' observes Joydeep Ghosh.
The BJP hailed teh package, saying it reflected the government's commitment towards creating jobs and stimulating the economy.
Noting there have been instances of "excess" by police and paramilitary personnel against the migrant workers, the court also asked authorities to consider "withdrawal" of criminal cases against some of them for violating social distancing norms.
Khan said Kashmir is the 'core' issue between the two countries and it should be resolved through talks.
Chidambaram said the stimulus package has left several sections like the poor, migrants, farmers, labourers, workers, small shopkeepers and middle class high and dry.
US President-elect Joe Biden will work towards providing a roadmap to American citizenship for nearly 11 million undocumented immigrants, including over 500,000 from India, and will also establish a minimum admission number of 95,000 refugees annually.
The government has only taken a pause and more measures will be announced in the days to come to help sectors hit by the coronavirus outbreak and also to make India 'Atmanirbhar Bharat', Minister of State for Finance Anurag Thakur said. Since the outbreak of the pandemic, the government has taken several steps to mitigate the hardships of the people due to lockdown and support growth, Thakur told PTI in an interview.
Himanshu and Twinkle Kalia spend their days ferrying the ill to hospital, fetching medicines, arranging funerals and sometimes stepping in to perform last rites too.
BJP is hiding behind a GDP number which is being challenged. People are not dazzled by it, but are asking 'where are the jobs?'
The job placement rate for students trained by NIIT in China is over 90 per cent.' A revealing excerpt from Saibal Dasgupta's Running With The Dragon: How India Should Do Business With China.
Former RBI governor Raghuram Rajan, who faced a stinging attack from Finance Minister Nirmala Sitharaman for presiding over the "worst phase" of the Indian banking sector, on Thursday reminded her that two-third of his tenure as the head of the central bank was under the Bharatiya Janata Party government.
