'We all wanted a strong Centre with a decisive mandate from the people, to allow them to take bold decisions.'
Arun Jaitley had a tough fiscal hill to climb.
Senior Congress leader Jairam Ramesh puts it succinctly: "Arun Jaitley was every non-BJP person's favourite BJP-ite."
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.
A bill to auction coal mines is also likely to be passed later.
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.
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 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 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.
The Union cabinet on Saturday recommended re-promulgation of the controversial land acquisition ordinance. The land ordinance will be issued for the third time.
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.
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 session will have 20 working days for now.
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.
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.
Years of wait before DTC, GST are rolled out
After Raghuram Rajan leaves, the world for the succeeding RBI governors will be distinctly different.
The year 2014-15 could well go as one of long-pending financial sector reforms, expected to have a lasting impact.
Uncertainty looms over the Insurance Bill as the Congress looks unlikely to support it in the current session of Parliament which is what the Modi government is looking at as a 'gift' to United States President Barrack Obama who comes to India in January. Renu Mittal/Rediff.com reports
Renu Mittal details the roadmap till June 1 when the new administration takes over.
Successors of those who migrated to Pakistan and China during Partition will have no claim over the properties left behind in India, with Parliament on Tuesday passing a bill to amend a 49-year-old law.
'The producer will wear these gold ornaments, but they will not part with Rs 30,000 or Rs 50,000 to pay the writer.'
Jaitley keen to uplift the insurance sector.
The defence ministry has signed off on a national security plan that it cannot fund. Ajai Shukla reports
'Some say I do it for publicity, while others call it a gimmick. But these questions don't trouble me,' says Arjun Ram Meghwal, a two-time Bharatiya Janata Party Member of Parliament from Bikaner. Upasna Pandey reports
All evidence suggests that the US Federal Reserve will raise interest rates soon.
'I had to submit my resignation from the BJP after just two weeks because they were very regressive.' 'There was no space for a free thinking individual.'
President Pranab Mukherjee on Friday gave his assent to Rajasthan's amendment to three laws -- the Factories Act, Industrial Dispute Act and Contract Labour Act.
Any delay in passing the coal bill may cause a crisis in the coal sector which would also affect the power sector.
Mohandas Pai took part in an hour-long chat on rediff.com
There is a case for analysing the fiscal deficit, separately for expenditure and investment.
We sorted through countless photographs taken around the world to come up with the top photos of 2019. Together these images tell the story of the year -- capturing moments of hope and heartbreak, triumph and tragedy.
Markets could slide again owing to conditions in Europe and the US.
The session, which will continue till August 11, is likely to discuss issues like lynching incidents and vigilantism, the Kashmir situation and the border stand-off with China.
The govt will have to clear hurdles to push GST by March 2015.
Ajit Doval is now India's all-powerful security boss. This concentration of power disrupts our layered security system. Will it not weaken whatever remains of the power and authority of the home, defence and finance ministers? asks Shekhar Gupta.
Shifting to a PPP model could repeat the errors of the past
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