'Who Does Not Want To Be Prime Minister?'

'We are going to need more technical people in government.''You can't expect a generalist to understand the complicated world of financial engineering.''I regret to say that most of our politicians......

US-India: A Chicken And Egg Situation

Delhi's appeasement strategy may now translate as more mega arms deals with the US, generating substantial business and job creation in the American economy.Make no mistake, Americans will use it......

Rediff's Wave Rider Retires!

After steering the Rediff mothership for close to 29 years, Ajit Balakrishnan, founder, chairman and CEO, did what few businessmen in this country do -- R-E-T-I-R-E. On August 2, 2024, we were......

Can We Fight China With Such A Budget?

India has allocated Rs 1.72 trillion, or 27.67 per cent of the total defence budget to cater to modernisation of the country's arsenal. Modern militaries spend up to 50 to 60 per cent of their......

Despite CRR cut, liquidity deficit in banking system crosses Rs 2 trillion

The liquidity deficit in the banking system crossed Rs 2 trillion again on Monday, despite the second instalment of cash reserve ratio (CRR) reduction coming into effect from December 28.......

RBI Forex Intervention Hits Highest In 17 Years

In response to the panic triggered by Trump's trade policies, the RBI net sold approximately $43 billion in the second half of FY25 to curb volatility, as the rupee plunged to a low of 87.95 per......

What Are New RBI Governor's Challenges?

'Challenge is basically near-term growth as the outlook has turned a bit adverse.' IMAGE: Finance Minister Nirmala Sitharaman with Revenue Secretary Sanjay Malhotra during the 54th GST Council......

Tighter norms, rising compliance failures driving scrutiny for startups

Anmol Singh Jaggi and Puneet Singh Jaggi, once hailed as rising stars in India’s clean energy sector, are now facing serious regulatory action. Illustration: Dominic Xavier/Rediff.com The......