Recounting the tussle between the RBI and the government over the former's reserves which happened 32 years ago in 1986
It is a peculiar older brother, younger brother relationship in which a soft word from the older brother is all that is needed to persuade the latter
It might be a good idea to remind the Governors of Montagu Norman's view that the relationship between the government and the central bank should be that of a 'Hindoo marriage'
Ensuring attendance is important but the govt must not curb voices from the teaching community that are critical of the govt
It is, instead, a set of rules created over a long period of time to give effect to a set of values that evolve gradually to enable control
The PM's indecisiveness in certain matters has made critics allege that he has lost control
You wonder why anyone bothers to write short stories that publishers will not promote and readers will not buy
At the ground level, too, there is resentment from workers and local leaders, who have perhaps not got whatever they may have wanted
If the new board at IL&FS needs some advice, it should talk to Mr Thapar
So the talk is about how many fewer than 272 seats the BJP will win in 2019. The worst-case scenario is a loss of 130-odd seats
The Modi govt placed a one-way bet on low oil prices and lost its grip on the economy as they rose
I think people like Mrs Braun's books because they instinctively recognise something that is done well. The other is a much subtler one
When two parties are identical, why bother to vote for either?
One is that India has agreed to pay substantially more than warranted. The other is that there has been crony capitalism at work in the Indian manufacture part of it.
Judging only by cash that came back to banks is a politically attractive way of simplifying things, but, as in case of bank nationalisation, there are dimensions that will become apparent with time