Despite its admirable competence and proven track record, the RBI doesn't have the capacity to supervise an economy that's growing so fast and becoming larger by the year, points out T C A Srinivasa Raghavan.
Indian politics has been subject to a roughly 20-year cycle for the last 100 years, says T C A Srinivasa-Raghavan
Old ideas contained in the heads of old economists still dominate. That's not good, asserts T C A Srinivasa Raghavan.
'The majoritarian solution is what the BJP always prefers.' 'But this solution suffers from a major weakness: It ignores subjective preferences which can be important and non-negotiable,' points out T C A Srinivasa-Raghavan.
In a bold initiative, the Centre has allowed the department of posts to invest about Rs 10,000 crore (Rs 100 billion) from its life insurance schemes in the stock markets for better returns.
The department of posts on Friday said it was planning to have a wide area network through the central server technology, to be used by the banking segment of the post office.
To equate the Hindu propensity not to persecute non-Hindus is a sign of mature self-confidence, not weakness as the rabid insist, asserts T C A Srinivasa Raghavan.
'The Modi government, like the Singh one, has run into what is called a perfect storm, where everything that can go wrong does so at the same time,' points out T C A Srinivasa-Raghavan.
Narendra Modi's real legacy will be if he can redesign the IAS and the concept of an all-India service, argues T C A Srinivasa Raghavan.
'All regulatory agencies must be made Constitutional bodies like the Election Commission, the Supreme Court, and the CAG.' 'That way they will become independent of the minister,' recommends T C A Srinivasa-Raghavan.
A single application and a plethora of services for passenger cars - that is what myTVS, a brand that operates under Ki Mobility Solutions and is part of the TVS family, is set to bring to customers, in a bid to disrupt the concept of "super apps" in India. Starting July 15, myTVS will launch its connected car platform or super app called myTVS Life360 for aftermarket passenger cars. Through it, customers will be able to avail themselves of a range of services like maintenance, diagnostics, roadside assistance, accessories, payments, insurance, and so on.
When it comes to running between the wickets -- which is exactly what an FM and a governor do -- Jadeja always defers to Dhoni's larger judgement of the situation and the needs of the team, observes T C A Srinivasa-Raghavan.
His about-turn in the farm laws proves that he sees everything in just one dimension: Politics. That helps sometimes. But not always, observes T C A Srinivasa-Raghavan.
It will bear fruit in the next five years, which is why FDI is so strong. The foreigners clearly know what Indians don't, asserts T C A Srinivasa-Raghavan.
'These people jump up and down, excitedly waving their arms about to catch the attention of one political party or the other.' 'This mutant can be very dangerous,' observes T C A Srinivasa-Raghavan.
The problem lies in the fact that those in charge of telling the government's side of the story lack the three things that matter most, namely, the ability to comprehend, communication skills, and the tricks needed for good articulation, observes T C A Srinivasa-Raghavan.
The prime minister should trifurcate the IAS, recommends T C A Srinivasa-Raghavan.
'All selectors must be sufficiently thick-skinned and prepared to take criticism.' T C A Srinivasa Raghavan checks out Ravi Shastri's first book.
No new ideas, please, we are Indian. Seventeen years into the 21st century, we are still fixated by the ideas of the 20th century.
That's why he is now finally focusing on the two things that alone can help: Fiscal expansion -- from December onwards -- and supply management via amended laws and rules that affect business, notes T C A Srinivasa-Raghavan
The unconventional music of the Nobel Laureate might have nothing connecting Indians to it, but there is a reason he has a following here, notes T C A Srinivasa Raghavan.
The dilemma is that if farming is to be efficient, farmers will be worse off -- and if farmers are to be better off farming will be worse off, reveals T C A Srinivasa-Raghavan.
'He can at least invite them for tea in small groups once a month on Sundays.' 'If nothing else, he will have the pleasure of ruining their weekend,' suggests T C A Srinivasa Raghavan.
10 per cent for those who earn up to Rs 30 lakh a year and 25 per cent for those who earn more, suggests T C A Srinivasa-Raghavan.
'The time has come to ask the extent of coercive power the State must arrogate to itself to achieve economic ends,' points out T C A Srinivasa Raghavan.
Contempt should be restricted to the disobedience of orders and rulings. Any failure to obey the court in a dispute that doesn't involve it should alone invite contempt proceedings, observes T C A Srinivasa-Raghavan.
India has no option but to shut China out, notes T C A Srinivasa-Raghavan.
'Mr Modi has a huge opportunity before him.' 'Whether he grabs it the way Mrs Gandhi did in 1969 or squanders it as he did in 2014 will determine his economic legacy,' notes T C A Srinivasa-Raghavan.
'Why do we make finance ministers go into contortions, to tell us that near 6% is 3.5%?' 'Why not encourage more open and full accounting so that the country knows the real picture,' asks T N Ninan.
Had he not been a student, admirer and follower of Amartya Sen, T C A Srinivasa-Raghavan feels it might have been a Padma Bhushan.
'The next general election is four years away. That's enough time to recover -- provided the government stops spending and taxing so much,' says T C A Srinivasa-Raghavan.
Foreign institutional investors pulled out Rs 86.66 crore (Rs 866.6 million) from local stocks on Monday, as per provisional BSE data.
'The most important thing to do is to stop taxing citizens so brutally,' recommends T C A Srinivasa-Raghavan.
'It is not the country's interests alone that lead to all this secrecy.' 'More usually, the reason is the threat from political rivals: What will they do if they find out?', notes T C A Srinivasa Raghavan.
Good intentions are best left to political parties, governments and religious establishments, suggests T C A Srinivasa-Raghavan.
States could then stop complaining about the Centre and fashion their own economic destinies, says T C A Srinivasa Raghavan.
'I am sure Dr Patra will get the fullest cooperation from the finance minister who needs workhorses, not prima donnas constantly looking to improve their CVs,' says T C A Srinivasa-Raghavan.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances