Whether it took the corona crisis to bring about the transformation, or otherwise, the change ought to be welcome, notes Virendra Kapoor.
Rejecting the charge that the National Democratic Alliance has done a U-turn on disclosure of names of black money holders, Finance Minister Arun Jaitley has said the government will not be pushed into an act of adventurism and jeopardise the chances of getting cooperation of other countries in future.
'The web of transactions is so complex that it requires expertise to understand the strategies involved in each fraud.'
The scheme is aimed at slashing the salary and pension bills of the three services, which have been increasing rapidly.
'Appointed, sponsored and nurtured' by Jayalalithaa, P Rama Mohana Rao is now seen as a man who holds the key to the secrets of ministers and bureaucrats.
The government, Jaitley said, is committed to detecting and preventing generation of black money
Cyber security sleuths have alerted Internet users in the country against phishing attacks from suspect digital signatures which got "unauthorisedly" issued through the state-owned National Informatics Centre.
These start-ups are different from the ones that have made it big in India.
North Block is concerned that when India is trying to attract more investment, putting up restrictions on audit firms could create an avoidable bad advertisement.
Congress charged the entire BJP and the government with "aiding and abetting" Lalit Modi, a fugitive.
The divestment of Bharat Petroleum Corporation (BPCL) may hit a fuel price hurdle, according to officials dealing with the matter. They pointed out that the inconspicuous administered price regime could hamper the prospects for potential buyers of BPCL. A senior oil ministry official said public-sector oil-marketing companies (OMCs) take a hit when they sell petrol, diesel, and liquefied petroleum gas (LPG), three of the most popular petroleum products in the country.
At ATMs, as a step to avoid getting Rs 2,000 notes, people are withdrawing Rs 1,900 in Rs 100 notes and then putting another request for the balance Rs 600, so that they remain within the limit of Rs 2,500 per day of withdrawal.
The Swiss Finance Ministry spokesperson recently confirmed that a meeting is expected in the coming weeks, but did not disclose any further details.
Trashing allegations of illegal snooping against Narendra Modi, the Bharatiya Janata Party on Saturday ruled out the Congress's demand for a rethink on its prime ministerial candidate and claimed that the ruling party's "dirty tricks wing" was behind the controversy.
No longer Bengal's finance minister, Amit Mitra, Mamata's principal chief advisor, will still advise and aid the 'chief minister and finance department on all matters relating to management of state finance', represent the 'state government in national and international events/meetings/committees' and examine 'important proposals/files and policy issues relating to financial matters referred to him for advice/views'.
In a tough action, the Government on Thursday barred Greenpeace India from receiving foreign funds with immediate effect by suspending its licence for six months and froze all its accounts, alleging it has "prejudicially" affected the country's public and economic interests.
This will be the first time since the presentation of independent India's first budget on November 26, 1947, that the documents containing income and expenditure statement of the Union government along with finance bill, detailing new tax and other measures for the new financial year, will not be physically printed.
Not only is your privacy stripped stark naked, says Mitali Saran, the system itself is illegal and vulnerable.
The court also sought the Centre's stand on the petitioner's allegation that Delhi Police, Indian Railways and others have created accounts on social networking sites despite government departments being barred from doing so under the law.
Here are some tips to help you crack the Staff Selection Commission Combined Graduate Level Examination.
Eleven years on, while 80% of scam-hit investors have been fully compensated, more than 50% of the sum is yet to be distributed.
In his massive election rallies, Prime Minister Narendra Modi often caught voters fancy promising that each individual would get Rs 15-20 lakh in his bank account if he came to power.
'The difference between black money in India and the black money out of India is, in India, it is tax evaded money and Indian money outside India is not only tax evaded money, but money which has been taken out of India's capital resources needed for India. So it is not only tax evasion, but treason too.'
'Modi as the PM of the country has to take everybody on board and deliver on good governance. That is his responsibility. In that talking alone won't help, he's working.' Commerce Minister Dr Nirmala Sitharaman tells Sheela Bhatt/Rediff.com how the Modi government plans to change India.
The second and final part of advocate Prashant Bhushan's interview with Sheela Bhatt/Rediff.com. Bhushan is one of the petitioners in the black money case in the Supreme Court
The second and final part of advocate Prashant Bhushan's interview with Sheela Bhatt/Rediff.com. Bhushan is one of the petitioners in the black money case in the Supreme Court
'The government must covertly eliminate the leaders of terrorist organisations abroad so as to eliminate the problem at its roots,' recommends Brigadier Gurmeet Kanwal (retd).
Finance ministry maintains that all KYC requirements will be followed.
'Having learnt her lesson in popular democracy, Jaya would become more populist than the DMK and more so than the imagery that mentor MGR had created in the Tamil voter's mind, both as an individual and as an elected ruler.'
From farmers to cement, steel, logistics, transportation and automobiles, the back-end is struggling to get going due to the liquidity crisis.
Cashi Crisis: Day 9: Aaj ki Taaza Khabar!
'At the back of the courtroom the three accused sat trying to catch the drift and fathom the new, inexplicable turn the case could be taking.' 'And the consequences it might have on their lives.'
Single window clearances for realty must.
The San Francisco-based giant has acquired a Delhi-based company.
A glance back at some of the important ups and down Indian Inc faced in 2018.
It hopes to turn around Ranbaxy within four years of closing the deal by improving efficiency and resolving all regulatory issues
Pranjul Bhandari, Chief India Economist, HSBC, speaks about a range of issues ranging from inflation, to how Goods and Services Tax and land acquisition bills can help India hit double digit growth, and her impressions about economic growth in the last one year after Narendra Modi took over as India's Prime Minister.
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