"Wait for the monetary policy" - RBI Governor Raghuram Rajan, when asked what message he would like to give to his successor.
RBI Governor Raghuram Rajan
Team BT
Delhi,
Jul 23, 2016,
Updated Jul 27, 2016, 9:40 AM IST
Rs 76,685 crore owed by 8,167 wilful defaulters. Finance Minister Arun Jaitley also told the Rajya Sabha that FIRs against 1,724 have already been filed in 2015/16.
Sidhuism: Not Just for Laughs
Navjot Singh Sidhu
The drama surrounding cricketer-turned-politician Navjot Singh Sidhu's resignation from the RS and the BJP, amid indications of him joining his former bte noir Arvind Kejriwal's AAP six months before the Punjab polls, had some within the Indian polity worried, while others enjoyed the show from the sidelines. But the jury is still out on his next move. Thoko Taali.
Prabhu's Prayer
Minister for Railways Suresh Prabhu
Minister for Railways Suresh Prabhu has written to Finance Minister Arun Jaitley seeking an end to the 92-year-old practice of presenting a separate railways budget by merging it with the Union Budget. Niti Aayog member Bibek Debroy had said the move would depoliticise the loss-making unit and make the railways commercially viable in the long run. Some would, however, say, Sab Maya Hai.
"Wait for the monetary policy"
- RBI Governor Raghuram Rajan, when asked what message he would like to give to his successor.
"India is an under-perfor-mer...with the level of political institutions it has compared to others, it should support higher growth"
Chief Economic Advisor Arvind Subramanian
- Chief Economic Advisor Arvind Subramanian told a gathering at the sidelines of an event.
Blow Cold, Blow Hot
Tony Fernandes, Group CEO of AirAsia Berhad, said it is hard to run businesses in India because of the "protectionist policies" and "vested interests". But, he was quick to praise PM Modi for the reforms push in aviation.
Gadkari Woos Tesla
Transport Minister Nitin Gadkari
Transport Minister Nitin Gadkari has offered US automotive company Tesla various sops, including land parcel, to make India its Asia manufacturing hub and form joint ventures with Indian companies to promote pollution-free road transportation in India.
Power-Parked Women
India's first industrial park exclusively for women entrepreneurs was inaugurated in Uttarakhand's Sitarganj district. It will be spread over 200 acres and is expected to attract women entrepreneurs and start-ups.