The challenge from the principal opposition, the Congress, comes after four years of unchallenged domination of the BJP - both at the centre and majority of state assemblies.
Two names doing the rounds are that of Hasmukh Adhia, who retired as finance secretary on November 30 this year, and former economic affairs secretary Shaktikanta Das who retired earlier.
Political parties have begun their warm up exercises for the next Lok Sabha elections even as they await the results of the polls to five regional assemblies. The opposition is expected to make it difficult for the Narendra Modi government to push through its legislative agenda during the winter session beginning Tuesday.
Every election sees multiple exit polls fuelled by a combination of television rating dynamics and psephology. One such effort panned out last Friday for the assembly elections in the five states of Chhattisgarh, Madhya Pradesh, Rajasthan, Telangana and Mizoram.
Nearly three decades ago, Dipten Dey, my classmate from Delhi’s Raisina Bengali School, worked as a personal assistant of Mamata Banerjee. She was a rising politician, a handful of pockmarked Communist leaders in Kolkata described her as “a troublesome youngster."
He has donned many hats in life. From being a cricketer to sitting in the commentary box out-speaking Geoffrey Boycott, to becoming a television personality, to wearing khadi in hispolitical innings – he has done it all.
The Election Commission, manned by retired bureaucrats, has often exercised unchallenged authority for long durations in the garb of holding polls in multiple phases spread over several weeks. The polling for the current round began on November 12 and would end on December 7, with results on December 11.
The double dhamaka of 20 % cheaper fuel and 5 per cent appreciation in rupee changes the macro variable of current account deficit. In absolute terms this could mean a 5 billion dollar gain. That’s Rs 35,000 crore in rupee terms.
A rising stock market this week could be feeding off ground level reports that claim the Bharatiya Janata Party is making a tentative recovery in the campaign for the Rajasthan assembly.