RBI Governor Dr. Urjit Patel Resigns

As I opined in my previous article, the RBI governor Dr. Urjit Patel has today resigned finally after a long tussle with the Narendra Modi government. As I discussed earlier, Modi government is under intense pressure to boost the growth and employment figures in the run-up of its reelection next year. The only way in […]

RBI vs. Government

The RBI vs. Government battle is intensifying. The Narendra Modi government intends to keep pressing demands for the country’s central bank to relax lending curbs and hand over surplus reserves, amounting to whopping 3.6 lakh crore, even if it risks provoking a resignation by the bank’s governor. After the debacle of demonetization and GST, the […]

Rafale Deal and Corruption

The Modi government is embroiled in an alleged corruption case of  Rafale Jet deal with the French government. Opposition parties are now gunning for the resignation of prime minster Narendra Modi. They have accused him of personally influencing and altering the deal, which was originally put in place by the former UPA government, to benefit […]

Narendra Modi and Globalization

India’s Prime Minister Narendra Modi in his latest Davos World Economic Forum speech, which he delivered in Hindi and caused surprise and flurry in delegates who had to reach for their translation headsets quickly, defended globalization and attacked the increasing trend of protectionism around the world, especially in United States under President Donald Trump. Does […]