'The slide in growth has arisen primarily because we have an NBFC crisis on top of a banking crisis,' points out T T Ram Mohan.
Two crucial bills, forming part of NDA government's reforms agenda, got approval of Parliament within minutes today after a number of non-NDA parties backed the legislations in Rajya Sabha where the ruling coalition is short in numbers.
Chaos in Parliament threw a spanner in the government's efforts to revive the economy and kick-start reforms.
The 15th Lok Sabha will go down in the history as the most disrupted in Independent India so far including the pepper spray incident which marked a new low in parliamentary conduct.
Some 12,000 torch bearers will carry the flame for the first Olympic Games held in South America. In Brasilia, they will include a refugee from the Syrian civil war, 12-year-old Hanan Daqqah, who arrived in Brazil with her family in 2015.
The Covid pandemic has left a question mark on how the central government manages its staff.
It would increase economic growth for years to come.
Ambassador Venu Rajamony, who served as press secretary to President Pranab Mukherjee during his tenure, salutes the statesman and political legend, who passed into the ages on Monday.
On an annual basis, we'll seek out solutions to Indian Railways' most critical problems through 'innovation challenge': Suresh Prabhu
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
On the eve of the budget session of Parliament, the government on Sunday reached out to the opposition
The recent revelations come six years after another round of tapes stole the limelight.
Dandekar is a former Iowa legislator representing the Marion area in the Iowa House of Representatives from 2003 to 2009 and in the Iowa Senate from 2009 to 2011.
Kerala has seen one of the worst floods in its history during this monsoon. From August 8 to 20, nearly 223 people have lost their lives, 33 are missing and around 1.2 million individuals from 3,02,441 families are in 3,941 relief camps. Initial losses are estimated to be around Rs 200 billion (Rs 20,000 crore). With the rescue measures in its last leg, the Kerala government is looking at raising funds to rebuild the state. In an interaction with Gireesh Babu and T E Narasimhan, Kerala Finance Minister T M Thomas Isaac says he has a three-pronged strategy to raise funds. Edited Excerpts.
It is time to pack up, sir! Please resign and save some honour of the Lok Sabha, an anguished Sheela Bhatt reports from the Lok Sabha press gallery after watching the shameful goings on over the tabling of the Telangana Bill.
All efforts of Trump's party to repeal the healthcare of his predecessor has failed so far, mainly due to the opposition of some of his own Senators.
The Lok Sabha speaker and the secretariat found themselves embroiled in an angry dispute on Tuesday as members of the Trinamool Congress party and Telugu Desam Party clashed over the contentious Room no 5 on the first floor of Parliament House.
Sachin P Mampatta goes back in time to recall a deluge that that has passed into lore in Kerala.
The Maharashtra assembly on Wednesday revoked the suspension of the five legislators who had allegedly assaulted a policeman on the assembly premises in March this year.
'We all wanted a strong Centre with a decisive mandate from the people, to allow them to take bold decisions.'
Senior Congress leader Jairam Ramesh puts it succinctly: "Arun Jaitley was every non-BJP person's favourite BJP-ite."
The opposition Congress could muster only 16 votes against the government with one of its legislators absenting from the crucial floor test.
Reserve Bank of India Governor Shaktikanta Das tells Anup Roy, Raghu Mohan and Niraj Bhatt that it is time for banks to lower interest rates and start lending to cash-starved finance companies after due credit appraisal and proper risk assessment.
Ramesh says that since the attitude of the Narendra Modi government is deliberately provocative and confrontational, it should not expect cooperation from the Congress.
Arun Jaitley had a tough fiscal hill to climb.
Rahul is going about the restructuring of the Congress leadership in a gradual, deliberate fashion: No sudden jerks, no abrupt moves. So while seniors like Janardan Dwivedi were edged out, Ahmed Patel has been retained.
The chief minister's decision came on a day when two top Bharatiya Janata Party leaders returned the gifts given to them by the Education Department amid indications that others may follow suit.
A bill to auction coal mines is also likely to be passed later.
The rapprochement could open the door to an anti-saffron alliance for the 2019 general elections, reports Archis Mohan.
"Every action we take will be designed to ensure our military is ready to fight today and in the future," Mattis said on Friday in a message to department of defense soon after he was being sworn in as head of the Pentagon by Vice President Mike Pence at the White House.
All eyes will be on the All India Anna Dravida Munnetra Kazhagam, Biju Janata Dal and the Sena itself to see which way they vote.
The government on Monday slammed Congress leader Kamal Nath for his remarks that Lok Sabha Speaker Sumitra Mahajan's decision on the issue of grant of Leader of Opposition status could be "flavoured" by BJP, saying it is "unfortunate" as the Speaker is above party lines.
The workers' union has accepted the '10-step' pay hike to be granted to them by way of an interim measure by the civic transport undertaking's management.
Duvvuri Subbarao recounts how his tensions with P Chidambaram and Pranab Mukherjee, then finance ministers, over monetary policy spilled over into other issues in the central bank in this excerpt from Who Moved My Interest Rate?, his memoir of his term as Reserve Bank of India governor.
The Union cabinet on Saturday recommended re-promulgation of the controversial land acquisition ordinance. The land ordinance will be issued for the third time.
The session will have 20 working days for now.
Congress president Sonia Gandhi and vice-president Rahul Gandhi will lead a march to Rashtrapati Bhavan to appeal to President Pranab Mukherjee to use his constitutional powers to end the "atmosphere of intolerance".
'The producer will wear these gold ornaments, but they will not part with Rs 30,000 or Rs 50,000 to pay the writer.'
With President Pranab Mukherjee voicing his objection to the 'ordinance route', senior ministers met here on Tuesday to discuss how to ensure that the ordinances issued recently are followed up with legislative action in the upcoming budget session in February.
After Raghuram Rajan leaves, the world for the succeeding RBI governors will be distinctly different.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances