The bank, however, maintained that the incremental benefit from the MCLR based lending rates introduced in April 2016 as an alternative to the earlier system of base rate, was positive.
The proposals before the ministry is to hike the tax exemption limit from the existing Rs 250,000 per annum to at least Rs 300,000 if not 500,000.
Pakistan's batting great Javed Miandad is not happy with the present ranking system of the International Cricket Council even though the team has just become the number one ranked side. Miandad said while he was happy that Pakistan, despite the many problems it was facing as a cricket nation, had topped the test ranking table, the ICC needed to come out with a better system. "The present system is not satisfactory as there is not a proper system to rank a team on the matches it plays on home and away basis," he told PTI.
'No Budget has so far has addressed the issue of the government's abysmal productivity of capital spending, improving which will be the big game changer. 'But, the government's tight lock on businesses, banks, education, and even essential services like transportation and large parts of infrastructure and healthcare is destroying capital year after year,' points out Debashis Basu.
The Indian fans could get a glimpse of the immensely talented Shubman Gill in the senior team jersey if he is chosen to replace Virat Kohli for Thursday's fourth ODI against New Zealand.
'The current budgetary practice of shifting expenditures off-balance sheet in order to be seen to be meeting fiscal targets should be discontinued; additional fiscal stimulus would be imprudent; individual income tax rates should not be cut; GST rates should not be raised now,' advise Arvind Subramanian and Josh Felman.
Opening batsman Aaron Finch marked his return to the Australia side with a defiant century in the third One-Day International against India but the thrill was tempered by another loss for Steve Smith's struggling side.
Given its price, the Asus ZenBook 3 isn't for everyone. But if you want an ultraportable packed with features, don't mind carrying along adapters and don't want a MacBook, this one's a no-brainer, says Abhik Sen.
Should India retain the winning combination for Thursday's ODI against Australia?
Rahul Gandhi, who is scheduled to again visit poll-bound Gujarat from Saturday, said the government can't break the back of small and medium businesses, crush the informal sector and destroy millions of jobs.
The situation in the Valley is tense as the fresh order directing the zonal SPs to provide the list of mosques here and its management committees has added to speculation about some major decision in the offing regarding Jammu and Kashmir's special status.
'I have no problems with the finance ministry or with state governments treating petrol pump prices as the last resort for meeting their ambitious spending targets with very limited revenue resources.' 'But let's do away with this smokescreen of free pricing of petrol and diesel and go back to administered pricing regime,' says Dr Sudhir Bisht.
Manchester United football team manager Louis van Gaal has admitted that he might have changed the club's formation too much in his first 11 Premier League games in charge of the Old Trafford outfit, but insists that he retains a 'clear vision' for the team.
'We are in the reverse gear and we are not there anywhere compared to the rest of the world'
Maruti Udyog Ltd, India's largest carmaker, unveiled on Thursday a new-look Zen, without tinkering with the price, to take on competition posed by Hyundai's Santro and Tata Motors' Indica.
Stating that a weak fiscal position continues to constrain India's sovereign ratings, Fitch said the next government's medium-term fiscal policy will be of particular importance from a rating perspective.
'The government's projections for 2019-2020 will be disappointing big time.'
Whether Rahul likes it or not, he will be judged by what he does to put the party back on its feet, says Colonel R Hariharan (retd).
'If India has to emerge as the world's laboratory and a global innovation hub, the minds of our youngsters must get an opportunity to flourish.'
The statistics of a stunning campaign tell an astonishing tale of how Leicester have turned the clock back by shunning possession and glorying in the long ball to a pacey striker, while spurning rotation in favour of a settled, almost self-selecting side
Thus far in 2017-18, FIIs and MFs have invested Rs 198.91 billion and Rs 1,119.49 billion in the Indian equity markets. Of this, around Rs 152.46 billion has come in January alone.
England assistant coach Paul Farbrace has asked his top batsmen to take a cue from Indian skipper Virat Kohli and show guts and gumption in the third Test in Nottingham.
World Cup winning off-spinner Harbhajan Singh has admitted that he owes his success to the golden generation of Indian cricketers and said he was lucky to play under the likes of Sachin Tendulkar, Sourav Ganguly, VVS Laxman, Rahul Dravid and Anil Kumble.
All that's transpired on and off the cricket pitch on Wednesday.
Jaitley said inflation has been under control for long and is likely to remain so on the back of good monsoon and unlikely spike in oil prices.
Reserve Bank is scheduled to announce its bi-monthly monetary policy on August 3.
India's track record of over-promising and under-delivering also leaves plenty of room for doubt.
South African great AB de Villiers believes India 'have a very good chance' of beating Australia in the upcoming away series notwithstanding their recent losses overseas.
'I'd like to thank the ACA for negotiating on behalf of the players and I'm excited that we can all start working together again to continue to grow our great game'
The controversial 5/20 rule required an airline to have five years of domestic operations and 20 aircraft in its fleet to be able to fly abroad.
The apex court said banning entry of women to Kerala's Sabrimala temple is gender discrimination and the practice violates rights of Hindu women.
'Marriage is a practical solution in terms of bureaucracy, but it's not a real validation of whether your relationship is successful or not.'
Out-of-favour India opener Gautam Gambhir feels spinners will decide the fate of the upcoming three-match Test series between India and New Zealand, starting in Kanpur on September 22.
The state government last week announced the schedule for holding elections to local bodies and panchayats in the state.
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