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The landmark 1991 budget was Manmohan's trial by fire

Dr Manmohan Singh, the architect of India's economic reforms, had to literally face a trial-by-fire to ensure widespread acceptance of his path-breaking Union Budget of 1991 that saw the nation......

'Dr Singh Didn't Take Orders From Sonia Gandhi'

'Mrs Gandhi had nothing to do in the day-to-day working of Dr Singh's government.''People say Mrs Gandhi's office used to give orders, which is nonsense.' Prithviraj Chavan, who served as a......

UPA put family first during 2008 crisis: Sitharaman

Union Finance Minister Nirmala Sitharaman on Friday tore into United Progressive Alliance accusing it of economic mismanagement during the 2008 global financial crisis, saying the Congress put the......

'As prime minister, I cannot let any Indian go without food'

As the nation mourns the loss of one of its most respected statesmen Manmohan Singh, his former food and agriculture secretary T Nanda Kumar on Friday shared his memories of working with the former......

UK's richest 10% took half of wealth from India during colonialism

The United Kingdom extracted USD 64.82 trillion from India over a century of colonialism between 1765 and 1900 and USD 33.8 trillion of this went to the richest 10 per cent -- enough money to......

Why western bankers are blamed for the financial crisis

After being hailed as Masters of the Universe for the last two decades, western bankers are now being blamed for the global financial crisis and being branded as the ugly face of capitalism.......

After the financial crisis, India has a ray of hope

Continuing US quantitative expansion will make for continued inflows of portfolio investment - which will shore up the stock market and the balance of payments, keeping currency turmoil at bay,......

Raghuram Rajan: Financial crisis prophet to RBI chief?

The man widely expected to be India's next central bank chief favours clipping the autocratic power of the role and giving more say to a monetary policy committee. Raghuram Rajan, who in 2005......