The former finance minister also criticised Prime Minister Narendra Modi over the words he chose to attack his predecessor Manmohan Singh, saying he should remember that the Chair he sat on was used by Pandit Jawaharlal Nehru and even Atal Bihari Vajpayee and hence he should use right language.
New government will have to mobilise money to complete pending irrigation, infra projects
The prime minister sees himself as the "vikas purush". But realising his government's agenda for development requires not just a more efficient administration but also a credible implementation plan, says Nitin Desai.
The fiscal deficit of the Centre remains a worry, running at over 6.5 per cent of GDP in April-September 2014, mainly because of revenue shortfalls from exaggerated projections in the government's July Budget and despite the relief on subsidies from lower oil prices.
Launching a scathing attack on Prime Minister Narendra Modi, Opposition parties on Wednesday alleged that selective leak of information on demonetisation of 500 and 1000 rupee notes to 'friends of BJP' and demanded making public the names of those who had bought gold and foreign exchange of over Rs 1 crore since April.
With India lagging behind on several human development indices including healthcare and education, the Union government's decision to up the spending on these sectors is a step in the right direction. However, much more needs to be done in the way of increasing accountability and arresting corruption if headway is to be made on these fronts, says Devanik Saha.
Total subsidy bill could come down to around Rs 2 trillion.
'Unlike Japan and China, the US has a long relationship with India. He is going there to fly the Indian flag in a gesture of friendship. This is a journey like none other, meant to signal that the two democracies are in a defining relationship of the 21st century.'
Subramanian Swamy stole the BJP thunder in Tamil Nadu by meeting DMDK's Vijaykanth in Chennai, and his efforts seem to have paid off, at least in the interim, says N Sathiya Moorthy.
The Modi government's array of economic policy has been impressive.
CBI prosecutor K K Goel opposed the application saying it was "dragging the trial" and noted that Anil Ambani too had filed a similar plea earlier.
It's time the government accepts that Digital India is too distant.
Another important early decision of Birla was to get into the wireless telephony business in association with AT&T and another revered Indian business house, the Tatas.
'Who would have thought that Brexit would take place or Donald Trump would become US president or Kim Jong-un's madness could bring the prospect of nuclear war over Asia?' 'It is the time of the unexpected; the French elections should perhaps be seen in this perspective,' says Claude Arpi.
Bharatiya Janata Party leader Narendra Modi on Thursday chose a global NRI meet to hit out at Prime Minister Manmohan Singh who had said that "we are set for better times".
'She dwarfs every known politician of recent times with her imperious aura, iron will, tremendous drive, dauntless pursuit of goals she set before herself, ability to capture the people's imagination and unshakeable grip over her party and government,' says B S Raghavan, the distinguished civil servant.
'2017-2018 will be one of the best years for the country.' 'The wheel has finally started moving in the right direction. It should pick up momentum in the next 8 to 9 months to have a positive impact on the economy'
'With folded hands, on humanitarian grounds, if she can get temporary bail on medical grounds so she can get treatment.' 'If she dies, the whole trial gets derailed.'
The decision to pursue further education in a particular university requires careful considerations.
The Finance Minsiter says country requires 'a larger opening out in more sectors, stability of policy and tax regime'
Belgian-born Rich, whose trading group eventually became the global commodities powerhouse Glencore Xstrata, died in hospital from a stroke.
All mankind looks for good news on a daily basis. It is only a natural human desire. Corporate managements, government spokespersons, political loyalists, merchants and salespersons, all work overtime to create good news. And governments, too, keep trying this with inane pronouncements all the time, says Raj Liberhan.
Senior Bharatiya Janata Party leader Arun Jaitley on Thursday claimed that a strong anti-incumbency mood, similar to 1977 and 1989, was prevailing in India and that leadership potential will dictate the outcome of the general elections in 2014.
'You want a steady, confident, self-assured and highly skilful hand at the till. 'It is a pity that the BJP has decided to deprive itself of such a hand at this politically sensitive time.' 'It is like sacking your surgeon in the middle of your brain surgery,' says S Muralidharan.
The AgustaWestland issue was fiercely debated in the Rajya Sabha on Wednesday with members of the Bharatiya Janata Party and Congress blaming each other.
Shyamvar Pinturam Rai and Pradeep Waghmare. Both erstwhile employees of Peter and Indrani Mukerjea. In the witness stand on Monday, Waghmare came across as a cheerful, straightforward man who is attempting to clamber his way towards prosperity. In the witness stand on Friday, Rai shed his customary jauntiness and broke down weeping, begging forgiveness from CBI Special Judge Jayendra Chandrasen Jagdale.
Gujarat is a flourshing state but its business model is not so well accepted at national level.
India's enemies be warned: The Rafale deal will bring a sea change in India's defence preparedness.
'In this country of 1.2 billion, there may be a few Indians who might dislike Muslims and wish them ill. But the vast majority of Indians remain secular, no matter how grave Hindu-Muslim tensions,' says Amberish Kathewad Diwanji.
Now, the world over, policymakers are dusting off their copies of Keynes' classic, The General Theory of Employment, Interest and Money, and figuring out whether there are any answers there to our own challenges of growing our economies.
The Supreme Court on Thursday asked the CBI to go ahead with its probe in the Aircel-Maxis deal without waiting for necessary sanction against an official "holding high position" in connection with irregularities in the case arising out of 2G scam.
After ten minutes no one could keep track of the legal team's questions on the geography of the route Sandeep Patil took on his Pulsar Bajaj motorcycle, on the morning of April 25, 2012. Not the judge. Or the onlookers. Least of all Patil.
Mr Rahul Gandhi himself has given seven different prices in different speeches with regard to the Rafale, that is the 2007 offer.
So let's stop focusing the Modi agenda on India Inc and the capital markets, and let's start focusing on the Modi development agenda for the average Indian.
A common factor that binds all these men is greed.
'The BJP has latched on to the idea of nationalism, but the nationalism they advocate is not nationalism as we have understood it since the time of the freedom movement.' 'This is not secular nationalism, it is Hindu nationalism.' 'It is a form of nationalism that is exclusionary and it tends to conflate national interest with the government.' 'So, if you disagree with the government, for example, on surgical strikes or demonetisation, you are anti-national or holder of black money.'
The Congress is hopeful that the new messiah of the middle classes will cut into the BJP's votes in urban India, thus damaging the chances of the saffron party and its prime ministerial candidate Narendra Modi, believes Renu Mittal
Govt is keen to push reforms in the insurance sector.
'I am doing all this for the students of Kerala, and when they come and hit me, it is very frustrating.' 'My regret is that something that could set off for the future has been thwarted.' 'We have not changed the syllabus for decades, we have not accepted norms in education and technology is hardly used. Today's students are studying what I studied decades ago.'
Rediff.com's Sheela Bhatt, who is accompanying Prime Minister Manmohan Singh on his trips to Russia and China, notes that Moscow and New Delhi work together professionally and via a shared common approach on crucial issues.
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