Large and small businesses alike have delivered low-key performances.
If crude prices have increased, retail petro product prices should go up.
Public resources are scarce and need to be used well.
Competition promotes innovation in the business model, creating sustainable value.
India must be seen to be continuing on the path of reducing tariff and non-tariff barriers, if it is to fulfil its ambitions to export to the rest of the world.
The challenge will be to force the officials of his government to own this vision.
Trade enhancement is not about lowering tariff barriers, but dismantling such regulatory barriers.
TCS has done better than Infosys in sequential and yearly revenue growth so far this financial year.
If providing a stimulus to growth is the objective now, that would be best served by moving rates as quickly as possible to the bottom.
If the pattern over the last three months is going to continue, the likelihood is that both indices will register inflation rates close to current levels over the next few months.
The implementation of the policy would require public health spending to rise to nearly 2.5 per cent of the gross domestic product, from the present dismal one per cent, with the Centre bearing about 40 per cent of it.
The prime minister's economic advisory council was disbanded early on, and not reconstituted.
India has an appalling record on industrial safety.
Rate cuts are unlikely to be aggressive, in our view.
The idea of modernising railway stations under a PPP arrangement was aired several years ago by the then railway minister, Lalu Prasad, who visualised attracting Rs 15,000 crore (Rs 150 billion) investment in 22 stations.
Raghuram Rajan explains the rationale for his policy stance and other issues.
Credible fiscal consolidation has been a consistent pre-condition to easing the monetary policy stance as far as the RBI is concerned.
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If India does not wish to continually violate the WTO rules, it must also continue to push the WTO to either revisit the reference point of 1986-88 prices for calculating subsidies and pitch it at a recent period, or raise the ceiling on subsidies to enable countries like India to stay within the envisaged cap.
Some cars that are emblematic of India's automobile industry will no longer come off the assembly lines after this year.
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