It is expected that the finance ministry will be handled for some time by Prime Minister Manmohan Singh.
'The Congress saw Rahul as the natural leader of the party and wanted him to take a larger role'
Indian governments enjoy brief periods of autonomy before politics take over.
If the government could create a convincing case for capping gas cylinder numbers, there is no reason why the government cannot build a solid case, using similar methods, for a further increase in diesel price.
Thanks to policy paralysis at the Centre, we are doing exactly the opposite of what the doctor prescribed, writes M R Venkatesh.
According to the Manpower employment outlook survey, they are downshifting from the vigorous hiring pace seen over the past two years, with just 27 per cent employers optimistic about strengthening their staffs, says a survey.
'If the Singh government was characterised by policy paralysis, this one is afflicted by hyperactivism, sans a roadmap,' says Yogendra Yadav.
India's political leadership needs to demonstrate persuasively that economic reforms are on track
The government has to make up its mind. Mere articulation of a desire to take tough measures is not enough. It needs to implement those measures and prevent the adverse consequences of a higher fiscal deficit.
Nath, who is leading the Indian delegation at the annual World Economic Forum meeting in Davos, also said that even the US or Europe would not have seen as many reforms that happened in India.
BJP insisted political and economic correctives by the government would be required to come out of this crisis.
Mumbai's realty sector will protest against an alleged decision deficit and policy paralysis in both the state and central governments besides various pertinent agencies.
The scandals that came to light in 2012 made ministers and bureaucrats wary of taking any decision. They feared that they might get embroiled in controversies later on. This, however, seems to be changing.
Amid a growing number of industry leaders expressing anguish over policy paralysis, top banker Chanda Kochhar has said that people are talking more about challenges while taking the positives for granted.
When he speaks of them, it is either in denial or to highlight successes that are only part of a larger story that is worrisome in its totality, observes T N Ninan.
Is the India story over? This, apparently, is a common question that foreign investors ask government officials representing India at international conferences.
"There is no place for Hindus in the world except India," sources said quoting Bhagawat.
Every year Indians consume about 22 million tonnes of lentils
Heads of the leading business chambers -- Ficci and Assocham -- on Monday said the industry has 'equal responsibility' along with the government to pull the economy out of slowdown without always 'cribbing about policy paralysis'.
Listen to what Taher Badshah, Sr. Fund Manager & Co Head - Equities, Motilal Oswal Asset Management, has to say.
The government has hiked diesel price by Rs 5 per litre, effective midnight tonight.
The initial speculation over who is likely to down shutters seems to have given way to a resigned acceptance that all the players are determined to stay in the game.
A combative Congress President Sonia Gandhi on Monday made a scathing attack on the opposition and civil society for levelling "baseless" allegations against the prime minister and the party, saying it was part of a conspiracy and told partymen to fight back.
By politicising and communalising the investigation process into terror-incidents like the 2006 Malegaon blasts case, the government will be further vitiating the relationship between the two communities and paving the way for more acts of terrorism in future, feels senior analyst B Raman.
The industry ministry has circulated a draft Cabinet note for allowing foreign direct investment in multi-brand retail, a move which will allay industry's concern over policy paralysis.
Finance Minister pegs 2011-12 growth at 8.6 per cent, expects inflation to fall to 6-7 per cent by end of the financial year.
India will sit in the 15-nation United Nations Security Council (UNSC) for the 2021-22 term as a non-permanent member - the eighth time that the country has had a seat on the powerful horseshoe table.
Hundreds of children in Bihar's east Champaran district bordering Nepal, have been found suffering from Acute Flaccid Paralysis due to malnutrition, officials said on Thursday.
China's leaders are responding to the growth slowdown, but risk losing their strategic direction.
Balrampur Superintendent of Police Dev Ranjan Verma, quoting the victim's family, said the woman, who worked with a private firm, returned home in a serious condition on Tuesday. The girl looked dazed and had an intravascular cannula, medically known as Vigo and used for administering injection or other fluids in the body, inserted in her hands. She was rushed to a nearby hospital, but died on the way, said the SP.
Differing with Prime Minister Manmohan Singh, who feels the corporate sector has been harsh in blaming the government, leading players in India Inc say a policy paralysis in the government and its inability to push reforms have indeed led to an economic slowdown and Singh's criticism is not justified.
Confined to wheelchair due to paralysis, Deepa Malik, who found a place in the Limca Book of Records for the third time recently for becoming the first paraplegic woman to reach world's highest motorable road, has set her eyes on a medal in the upcoming London Paralympics.
While the bigger burden of increase in revenue collection would fall upon the indirect taxes, on the direct taxes there could be rationalization & simplification.
Hungry for deals, Godrej Properties plans to treble the number of project launches in the current financial year, from five launches in FY2012 to 15 in FY2013.
The fear of another scam pushed the government into a rather long period of so-called 'policy paralysis'. To play it safe, the price of spectrum in all subsequent auctions was benchmarked to the high 3G rates, says Surajeet Das Gupta.
In bad times, the first thing impacted is the decision-making process.
Asif Ali Zardari, currently being treated for heart complications in Dubai, will need several weeks to be fit and resume his duties, one of his close aides said on, while acknowledging that "immense pressure" on the Pakistan President could be the reason for his condition.
Of the 106 announcements in this year's Budget, 64 were carried out in the first half.
Imagine a world in which a human only thinks, and a robot cooks the whole meal.
Delay in approvals and bureaucratic stonewalling create hurdles; experts fear return of licence raj.
