Five-weeks were a reasonably long time for the new finance minister to come out with a few big-bang reforms. The BJP was returned with an absolute majority; with allies, the NDA further improved its strength in the Lok Sabha. In the Rajya Sabha also the party is heading towards the
The representation of the southern states in the Union cabinet is meagre. This is related to the poor performance of the BJP in the south, save Karnataka. Of the 130 seats, the BJP drew a blank in Andhra, Kerala, Puducherry and Tamil Nadu.
Four cabinet berths have been provided for Karnataka.
For 15 years, during 1999-2014, DMK was a vital constituent of the Central government. The considerable number of MPs - 12 in 1999, 16 in 2014 and 18 in 2009 in the Lok Sabha - won for the prominent party places in the Central cabinet. Murasoli Maran as Commerce and
So the battle lines have been drawn for the Lok Sabha elections. The NDA led by BJP has lost a few prized members, notably the Telugu Desam Party and the PDP of Jammu & Kashmir. There were also dissensions on the part of a few regional parties. The BJP, after
Two of the crown jewels of IE, S V Mony and N K Thingalaya, died on 25 January. The day was auspicious, Bahula Panchami when the great composer Thyagaraja became immortal 172 years ago. These stalwarts had several sterling qualities of the great saint, of humility, devotion and passion for
We have had a fascinating experience in coming out with this issue. Over the last three months, as Team IE visited several parts of Tamil Nadu meeting political leaders, champion administrators, business honchos and academia dons, we realised how rich, vibrant and diversified a state we are. A very silent
It was quite abrupt and newsy: the appointment of Shaktikanta Das as Governor, Reserve Bank of India. Remember his hyperactive pronouncements in the tumultuous days following demonetisation? Das was everywhere: in the news televisions, press meets and news conferences. With his suave and assured pronouncements he was the face of
The Reserve Bank of India has its job cut out. The primary functions of the Central Bank as set out in its Preamble are:
• To regulate the issue of Bank notes and keeping of reserves with a view to securing monetary stability in India;
• To operate the currency and credit
The ghost of Bofors is severely haunting the Gandhi family. Even 30 years after Rajiv Gandhi concluding this deal, the issue of bribes taken has not died down. The Indian predeliction of not to let bygones be bygones is so glaringly visible in every aspect of Indian polity.
With Modi winning the
India depends on imports for meeting its petroleum product needs to the extent of 80 per cent. With global oil producers limiting production, with Iran, a large producer facing US sanctions, prices of crude oil and hence of petroproducts, have been registering increases and these impact domestic prices. There has