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The political economy experiment of the last four years has been dealt a body blow
For the Narendra Modi-Amit Shah combine, the message is that voters can’t be taken for granted and the electorate cares for issues such as economic growth and jobs
Mallya's extradition is the culmination of significant structural and fundamental changes by the government to prevent willful defaulters from fleeing the country.
Remember that Patel's is not an isolated case. His predecessor Raghuram Rajan had earned the ire of the same government and left because "there was no offer on the table."
RBI faces a Hobson’s choice: diluting the rules or granting more exemptions could be a loss of face; allowing Kotak to get away will leave it facing charges of favouritism.
It is imperative that India grants UK consular access to Michel, else we will be going Pakistan’s way, in Islamabad not granting India access to Kulbhushan Jadhav. We can’t do the same with the UK
While the deficit on account of petroleum, oil and lubricants (POL) went up by 58 percent from a year ago, the deficit on account of non-POL products rose by 50 percent
We have to turn to Subramanian’s columns to glean clues about his macro-economic thinking
Post the December 11 results, one person who will be watched keenly and wooed by both the BJP and the Congress, over the next few months, will be Bahujan Samaj Party (BSP) chief Mayawati
Global growth is still strong, but business confidence is the lowest it has been in two years
Raj Thackeray’s December 2 address to North Indians in Mumbai had echoes of the Shiv Sena’s protest against South Indians in the past. The MNS leader conveniently did not talk about distress migration within Maharashtra.
Tiger had stopped investing in India after it picked a series of duds but it has been the earliest big backer of India’s Internet story.
As oil prices soften, there are fears that job creation in the Middle East will decline, and India could lose some workers there.
To make the voter insecure, K Chandrashekar Rao cautioned that if the grand alliance came to power, N Chandarababu Naidu would rule Telangana from Amaravati, Andhra Pradesh’s new capital
The declining influence of OPEC could be a game changer for oil importing countries like India
Both anecdotal evidence and survey data indicates that the Congress’ advantage in Rajasthan may not extend to the Lok Sabha elections due to the Modi factor.
Indian markets have reacted to the fall in US market that are facing multiple headwinds. Indian markets have their own set of issues to deal with apart from external factors
For the TRS, it’s a do-or-die battle. If K Chandrashekar Rao wins a second term, he consolidates his position in India’s newest state. If booted out of power, KCR will have little political turf left
According to Ambedkar, the education system must be built on the synergy between academia, industry and market. He was also against the communists and frequent labour strikes
In 2013, though Modi and other BJP leaders campaigned in Rajasthan, the assembly poll victory undoubtedly belonged to Raje. This time it will be different
RBI’s consumer confidence survey finds people are even more pessimistic about current conditions in the economy than they were in March 2014
While the stance and rate action was expected, what was unexpected was the clear communication from both the Governor and the deputy Governor on liquidity measures and future rate stance.
The decision to maintain rates is consistent with what the monetary policy committee has been doing so far since the move to the flexible inflation-targeting framework.
Though there are reports of the BJP narrowing the gap with the Congress in the last leg, it is unlikely to make much of a difference to the final tally
Market reforms and not loan waivers is the only way to help poor farmers, the weakest link in the food chain, to stand on its feet
