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The Reserve bank of India has delivered another “more of the same” credit policy. It has increased repo rate in the light of inflationary trends, particularly in view of the anticipated impact of pass-through of exchange rate depreciation of the last couple of months and also the prospective corrections in oil prices by the government.

There is some truth in the Congress’s belief that the next general election will not be between it and the BJP, but between the no-longer Grand Old Party and the RSS. After all, it was the Nagpur patriarchs who ‘persuaded’ the BJP leaders to shelve their reservations about Narendra Modi and nominate him as the prime ministerial candidate.

Once again, the diminishing credibility of the police force in West Bengal has come to the fore, following the arrest of an important Maoist leader by Bihar police from Kolkata.

THIRUVANANTHAPURAM: With the Lok Sabha elections only a few months away, the Kerala BJP seems to be riding high on confidence. Is the party’s optimism justified? A closer look at the State BJP politics is in order to find an answer.

Governor Dr Raghuram Rajan will unfold RBI’s Second Quarter Review and Monetary Policy on October 29, in a setting - both global and domestic - which has, even if momentarily, turned positive for furthering currency stabilisation and economic revival in the second half of fiscal 2014. He would build on this improving environment without letting guard on the less comforting inflationary pressures.

Systematic stifling of young leaders in the Congress party has, in the course of time, made the party leaderless at the district and state levels. The leadership at the centre grew stronger but at the state and lower levels, it became rudderless. The Congress system, particularly from the time of Indira Gandhi onwards, discouraged strong state leaders from emerging and replacing the old guards. The result was that there is now a vacuum at the state level and it is difficult to find a leader of stature to lead the party in elections.

New Delhi: The Indian Air Force has launched its 3G Cellular Network named AFCEL (Air Force Cellular) on Friday to link warriors across the country.

New Delhi: The Vice President of India Hamid Ansari embarked on a programme to conquer the last frontier in Indian diplomacy.

BHOPAL: Scams after scams are virtually chasing the Madhya Pradesh chief minister Shivraj Singh Chouhan, who also happens to be star campaigner of the BJP in the state. After the Bachelor in Dental surgery (BDS) and Pre-medical test (PMT) scams, has emerged a scam in the Open School Board of the State, which conducts High School exams for distance education candidates. The government is also in the dock for the mining scam. The Supreme Court has, recently ordered the closure of more than 100 mines after finding serious irregularities in their allotment.

Bizarre it may sound, but the end result of the prime minister’s autumn tour of the United States, Russia and China could mean a huge business bonanza for the three countries, running into tens of billions dollars, with defence, nuclear and telecommunications equipment figuring on top of India’s expensive purchase list. The civil nuclear deals with the US and Russia could totally cost the country close to US$ 30 billion. India has also agreed to offer a piece of its land to China presumably on long lease to help China build an exclusive industrial park for its enterprises in expectation of unspecified Chinese foreign direct investments (FDI) to the country.