Policy discussions now should urgently focus on the road map for serious economic and institutional reforms to put India on a sustained high growth trajectory like the Chinese economy, says Jayanta Roy.
Shifting to a PPP model could repeat the errors of the past
'Like 2014, 2017 was also Modi's election.' 'Every voter you met, apart from those who are BJP cadres, everybody said they would vote for Modi, not the BJP.' 'The one and only factor is the Modi juggernaut. He is the one who turned the tide.' 'The wave which he created in 2014, and to maintain it for three years, is a huge task in itself.'
The government on Friday lowered its economic growth forecast.
All evidence suggests that the US Federal Reserve will raise interest rates soon.
She faced intense and protracted struggle to eventually head the AIADMK.
'Modi's investment in the relationship with Washington is the biggest deliverable of this visit. He means business and that's fantastic!'
The new law will apply to all establishments employing 10 or more people and the entitlement will be for only up to first two children.
Pushback to Modi govt's policy pronouncements has already started, it now has a very small window of opportunity to bring in reforms.
'Biometric Aadhaar-based surveillance is not only about violation of privacy, but also about the treasure hunt for unprecedented financial surveillance and economic intelligence in the economic history of mankind,' asks Gopal Krishna.
Expectations were probably too high from Narendra Modi.
Any transaction where the value of Indian assets exceeds 50% of the FTC would attract taxes in India.
The 'Make in India' vision cannot survive in the long-term without concrete measures to build a concurrent 'Create in India' movement.
The government has provided a long-term vision.
IMF attributes the slower growth rate to supply-side bottlenecks.
FY16 GDP growth was seen at 7.5%, against 8.1-8.5% earlier.
'Have you seen foreign cigarette packets? They only have words warning us about the use of tobacco. While ours have pictures already covering 40 per cent area. I am just saying wait for our study before increasing it.' 'I repeat that I am aware that gutka and tobacco are harmful. Awareness is what we need. We are creating awareness. We are doing it on radio and television.' BJP MP Dilip Gandhi, who says there is no study in India that links tobacco use with cancer and has stayed the increase in size of pictorial warnings on cigarette packets, speaks to A Ganesh Nadar/Rediff.com
He said land is required for rural roads, irrigation, electrification.
At a time when the Congress is considering an electoral understanding with the BSP in the 2014 polls, Rahul Gandhi's critical remarks about Mayawati has left party leaders confused. Anita Katyal reports
'It is important to improve the quality of spending.'
As the BJP snaps at its heels, can the Communists stay relevant in the electoral game?
Dr Shanti Gandhi, a great-grandson of Mahatma Gandhi, is seeking a second term in the Kansas House of Representatives from the 52nd District.
The president also said that there should be no room in the country for the "intolerant Indian" as this nation has been a bastion of free though, speech and expression since ancient times.
'The Budget has maintained fiscal prudence while announcing a number of steps to boost growth, particularly in infrastructure and rural sectors.'
What is required from government is intellectual framework.
The ongoing violence in the valley is driving students to excel, but it is also making them angry, discovers Ritwik Sharma.
In 2015-16, reforms will take hold, growth in GDP, will accelerate, and government processes and statutory clearances will speed up
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India's share of 2015 emerging market allocations will be driven by FII perceptions on likely growth and reform.
Aimed at creating a single tax for goods and services across the country, government on Friday introduced the long-pending GST Bill in the Lok Sabha for roll-out of the new regime from April 2016 subsuming various levies like entry tax and octroi.
The Centre had set up a Commission under former Reserve Bank of India Governor Bimal Jalan to suggest steps to rationalise subsidy and help the government in effectively bringing down the fiscal deficit.
In its essence, GST is a national level system of value added taxation of goods and services, says Shankar Acharya.
If the Opposition is bent upon shouting its own agenda on a deaf ruling dispensation, then it becomes binding upon the chair to ensure that the parliamentary affairs aren't reduced to a farce.
Similarities between NDA and UPA on some key policy issues are now becoming too stark to be ignored, says A K Bhattacharya.
'The role of Parliament is to hold the government of the day, whichever party is in power, accountable for its actions, policies.' 'The amount we are wasting on Parliament is a very miniscule amount. But the cost of delay in policy-making is huge and that affects the entire nation.'
Former President A P J Abdul Kalam kindly answered rediff.com's questions for an exclusive interview.
Because of India's weak fiscal position, the plethora of debt-burdened infrastructure companies and the poor asset quality of public sector banks, economic growth in 2015-16 may be limited to about six per cent, say Shankar Acharya.
A day after a poll drubbing, United States President Barack Obama struck a defiant tone saying he is ready to work with Republicans but could bypass Congress on issues like immigration reforms that would allow 11 million illegal immigrants, including 2.4 lakh Indians, to stay in the country.
The flow of economic news suggests that "good days" are not here as yet.
After one year in power, Prime Minister Narendra Modi is pretty much on the back foot, even if he continues to display bravado in his public pronouncements. He knows within his heart that he has wasted a lot of his political capital without getting much in return, says M K Venu.
The Modi administration has been unable to initiate key reforms.
