In this book, Professor Mohanty develops a new interpretation of the ontology and nature of Indian philosophical thinking. Using the original Sanskrit sources, he examines the concepts of consciousness and subjectivity, and the theories of meaning and truth, and explicates the concept of theoretical rationality that underlies the Indian philosophies. The author brings to bear insights from modern Western analytical and phenomenological philosophies, not with a view to instituting direct comparisons but in order to interpret Indian thinking. In doing so, he highlights some very distinctive features of Indian thinking.