The RBI governor has to convert the zero-sum game with the government from a non-cooperative one -- which his two predecessors had made it -- to a cooperative one, explains T C A Srinivasa Raghavan.
A look at the red carpet.
October is being raved about!
The removal of Central Bureau of Investigation Director Ranjit Sinha by the Supreme Court from 2G scam case has prompted the agency's former chiefs to term it as a 'bad dream' which they would like to forget.
'Rahul is only making a pathetic public spectacle of his lack of judgment and good sense by hallucinating that somehow, the Congress, or whatever political combine is cobbled together, will displace the BJP at the coming Lok Sabha election by constantly harping on the Rafale deal,' argues retired civil servant B S Raghavan.
Even Subramanian Swamy, who says he is an ardent supporter of the prime minister, has been taking proxy pot shots at him.' 'At the ground level too, there is resentment from workers and local leaders who have perhaps not got whatever they may have wanted,' notes T C A Srinivasa-Raghavan.
'Given the disdain Trump has shown for our community's values and experiences, it is disappointing that a handful of wealthy, conservative donors invited him to address their friends last weekend,' say Mira Patel and Gautam Raghavan.
Raja Sen can't wait to see Raman Raghav 2.0.
12,000: Number of people Flipkart plans to hire in FY15.
Hindi cinema witnessed unique facets of womanhood, her complexities and morality this year.
'It stands to reason that if a CM is hospitalised for long durations, and is perceived to be not fully functional, that it is the governor's Constitutional duty to ascertain by diligent efforts and arrive at a dispassionate conclusion about the CM being physically fit and mentally alert to discharge his/her Constitutional obligations,' says B S Raghavan, the distinguished civil servant.
The Pakistani mother of 15-year-old Ramzan on Monday declined India's offer of assistance to her in travelling to the country to identify her son.
'Has the time come to devise Version 2 of ad hoc T-bills?' 'In return, the government must agree to privatise all but five or six banks.' 'If something like this is not done, we will have governments going on the rampage, with increasing frequency,' says T C A Srinivasa Raghavan.
External Affairs Minister Sushma Swaraj said, "Geeta will be back in India. We have located her family. She will be handed over to them only after the DNA test."
Apple Inc has asked suppliers to manufacture between 70 million and 80 million of its two forthcoming large-screen iPhones by the end of the year, its largest initial production run of iPhones, the Wall Street Journal reported, citing people familiar with the matter.
First phase of online video's growth is over. Netflix, Amazon developing new content ecosystem.
T C A Srinivasa-Raghavan recalls a tussle between the government and RBI when Rajiv Gandhi was prime minister and how it was resolved.
'The Constitution must reflect the reality of mature states because otherwise it is the Centre that will become irrelevant,' says T C A Srinivasa-Raghavan.
You just cannot let an institution go adrift and never reporting to any other institution and never submitting itself to any monitoring review or evaluation with regard to its functioning and particularly with regards to an institution which has dominion over the lives and liberties of citizens. That kind of total abdication of government responsibility with regard to that kind of an institution will be dangerous to democracy itself, to the people, Bahukutumbi Raghavan tells Sheela Bhatt
Friends and colleagues pay rich tributes to the "charming, approachable, and very accessible" Indian Constitution scholar Granville 'Red' Austin.
However, her son Tanveer Jafri said there was definitely 'some sense of closure' at the convictions but it would have to be seen why some of the accused were not convicted.
'The meanness of the board statement apart, it nowhere answers the most fundamental and damaging aspects of the deteriorating work culture among top company executives to which Narayana Murthy had been repeatedly drawing attention,' says B S Raghavan, the distinguished civil servant.
The time is ripe to accede to the founders' plea to declassify them as promoters.
The Supreme Court asked the Justice Mudgal Committee whether it is willing to further probe Srinivasan and 12 others, including some prominent cricketers, in the IPL spot-fixing and betting scandal.
'Even when he moves beyond his traditional repertoire, he sticks to a template that does not take him too far from the viewer's gentler emotions,' notes Vikram Johri.
'China is where the action is, and from where new ideas ('String of Pearls', 'One Belt, One Road') emanate.' 'The Belt-and-Road initiative alone is unmatched in its sweeping dimensions,' says B S Raghavan.
'Breaking out of the corner into which China has painted itself would be a feat.' 'Whether Xi is able to pull it off will be known in the coming days,' says B S Raghavan, the distinguished civil servant and member of the Joint Intelligence Committee at the time of China's invasion of India.
'When you ask one of the established industrialists to execute a large project it is exactly the same as your not asking your neighbourhood dhaba-owner to cater at your daughter's wedding dinner which will be attended by a thousand guests,' notes T C A Srinivasa-Raghavan.
'Modi has lost a great opportunity to show himself to be a leader, mentor and path-setter, capable of rising above narrow party interests,', says B S Raghavan, the distringuished civil servant.
'There are different ways in which some are lucky through their lives. My great boon has been serendipity,' says Subir Roy.
'Vajpayee would not have approved either of the way the BJP now functions or of the thoughts that it entertains in its mind,' says T C A Srinivasa-Raghavan.
'Even though he knew full well that the manipulation went against the facts as he knew them, Pillai nonchalantly contented himself with stating that since the file came from the minister himself, he just passed it on as it was,' says B S Raghavan.
'In macroeconomic policy, timing is all, and by leaving things too late, Mr Modi may have made around 50 seats in the Lok Sabha highly vulnerable,' says T C A Srinivasa Raghavan.
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