In ominous signs that the slowdown may be deep, the auto sector is facing its worst crisis in two decades with reports suggesting thousands of job losses in the automobile and ancillary industry, real estate sector has huge unsold inventory, while fast-moving consumer goods (FMCG) companies have reported a decline in volume growth.
Patel resigned from his post on Monday with immediate effect, citing "personal reasons", setting of a major crisis in India's politico-economic sphere.
he also said that the implementation of GST was not an 'unfixable' problem.
"We need to learn to respect universities as places where ideas are debated"
Some strong communities in India have started protesting to press for reservations because they are not finding jobs, he said.
An AAP leader, who did not wish to be identified, said the party will not field any of its leaders for the three Rajya Sabha seats from Delhi that will fall vacant early next year.
Rajan, whose three year term as Reserve Bank Governor ended on September 4, 2016, is considered a candidate for his "contributions illuminating the dimensions of decisions in corporate finance"
DFS, which monitors state-run banks, has created "sameness" among them and governs them "without responsibility", he said.
He further added that the RBI's concern that costs of demonetisation will outweigh benefits was conveyed to the government
"I have seen it from both sides, from ministry side as well as the Governor side. You (an RBI Governor) have always been tested. And you have to establish clear parameters -- what you are willing to do and what you are not willing to do"
"This notion that, we at every corner, we have to say we are the best and there is no body else like us. Well that is not true, first."
There were rumours surrounding whether Rajan had been on-board with the policy that caused close to 86 percent of the country’s currency to be withdrawn
Inflation has come down only because of good luck stemming from low energy prices.
Raghuram Rajan, the two Chauhans and India's slide back into irrelevance
The Reserve Bank governor on the fight against inflation.
Raghuram Rajan's message to RBI staff which puts all speculations about his second term as RBI Governor to rest
A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.PTI Photo
Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.PTI Photo
A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.PTI Photo
Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.PTI Photo/ Shahbaz Khan
The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.PTI Photo/ Shahbaz Khan
He would take his colour, brushes and canvas outside to paint and talk with his love. He would stand close to the window and paint, keeping an eye on his muse.
They say the violin mimics the human sound. In his case, it was that of love, of longing. He didn’t know any other way of loving.
Younger people do not have much progressive beliefs; a 2017 survey found that one-third of young people opposed inter-caste marriage.
The pandemic has made it clear that virtual learning is here to stay. In the West, the big question is whether it will dilute the quality of the college experience and education. In India, which grapples with digital divide, the question remains whether this will reach most people at all.
Even after two years of the Covid-19 pandemic, many 'informed' individuals in India continue to deny the virus with unscientific claims and unfounded data. The latest? Omicron will end the pandemic.
Across Asia there are deeply entrenched obstacles to a mode of higher education that is liberal in multiple senses – disciplinary and epistemological but also social and political.
The two incidents in the recent past, one in Mon district of Nagaland and the other at Lakhimpur Kheri in Uttar Pradesh, undermined the core principles democracy and federalism.