Contrary to the popular belief that the IAS cadres manage the country - they are actually required to manage politicians, most of whom do not pass any sort of muster, says T C A Srinivasa-Raghavan.
The introduction of GST would constitute India's biggest reform.
The Reserve Bank of India (RBI) is likely to keep monetary policy steady in June despite sluggish economic activity as inflation remains elevated, a Reuters poll showed on Wednesday.
RBI's tricky strategy to ease market's pre-Fed jitters.
A mix of industrialists and businessmen, who have inherited riches or rose from humble backgrounds and even endured boom and bust cycles, the top five MPs are illustrative of how the political stock of the wealthy is increasing rapidly.
Manufacture will soon be stopped at Bangalore and Tumkur in Karnataka and Ranibagh in Uttarakhand.
Reserve Bank of India Governor Shaktikanta Das tells Anup Roy, Raghu Mohan and Niraj Bhatt that it is time for banks to lower interest rates and start lending to cash-starved finance companies after due credit appraisal and proper risk assessment.
In India we have to be careful not to copy any level of dependence on the financial sector and infatuation with the get-rich-quick syndrome, says Jaimini Bhagwati.
With a sole mandate of inflation targeting, RBI wears many hats.
Companies think they are too big to bow before regulators.
Indian economy about to take-off
Case relates to alleged irregularities in '08 sanction to MCX-SX; Shah grilled in NSEL case.
Sensex firm on favourable GDP numbers for FY16.
Rajan, as expected, furthered his predecessors' agenda and continued with the same resolution to make India's financial system safer, and direct the economy towards further liberalisation
Unions, which are protesting against FDI in the banking sector, are pressing for various demands.
Global liquidity expected to continue amid ECB stimulus
'Tilting at the Government in English in front of India may make him feel like Joan of Arc, but without a feel for Bharat he will merely be Don Quixote,' says S Muraleedharan, former managing director, BNP Paribas.
Sensex sinks into red at close on growth concerns.
Stability in currency markets was only restored from September.
India's fourth largest software services firm HCL Technologies on Thursday reported a 53.7 per cent jump in its consolidated net profit to Rs 1,834 crore (Rs 18.34 billion) for the fourth quarter ended June 30, 2014.
It's crucial for Modi to make India an easier place to do business.
Budget might turn out to be neutral for the sector.
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If we can come up with ways of sharing property rights on the internet, why not do something similar in urban spaces, asks Ajit Balakrishnan.
'Raghuram Rajan is a wonderful economist, but he is not a wonderful Indian economist.' 'He doesn't understand India in the granular form.' 'India exists only from Delhi to Nariman Point for him.' 'India is much, much bigger and complex.' 'The new RBI governor shouldn't get ready to open his umbrella when it rains in America'
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The toxic brew of fiscal populism, crony capitalism and bad economic management has ensured the collapse of economic growth, industrial stagnation, stubbornly high consumer inflation, declining savings and investment, shrinking employment opportunities, and a dangerously vulnerable external financing situation.
Investors with stalled projects and mounting bad debt will refinance their loans.
India's banks are propping up too many weak producers.
Content marketing is perhaps part of the tectonic shift that is under way in media with the advent of the web, says Ajit Balakrishnan.
Laggards yet, a number of smaller PSBs in the category have balance sheets which do not give much comfort.
Laggards yet, a number of smaller PSBs in the category have balance sheets which do not give much comfort.
The central bank is of the view that rise in external debt a concern but rating outlook revision reassuring.
The 1995 judgment in the Union of India vs Cricket Association of Bengal case emphasised that free speech is essential for a successful democracy and citizens must have a plurality of views and a range of opinions on all public issues, says M J Antony.
Taking away free healthcare facilities, as recommended by the Aayog, would place a huge burden on the people, especially in rural areas, says Devanik Saha.
He added that the risks can increase if the Chinese slowdown gathers more speed.
Arvind Subramanian talks about US and China's power play and where India figures in these dynamics.
The S&P BSE Sensex plunged 301 points to close at 25,490 and the Nifty50 fell 86 points to end at 7,815.
Arun Jaitley had proposed to set up a Public Debt and Management Agency.
It will be difficult for the Indian equity to outperform overall growth to the extent bullish observers expect.
Move comes after the country's monetary authority tightened credit norms
The 30-share Sensex ended up 165 points at 29,044 and the 50-share Nifty gained 54 points to close at 8,834.
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