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.
In 5 years, the AMC has clocked a growth rate of 40% with its AUM up nearly 4 times.
The finance minister defended the change in the tax rates.
'When you forgive a farmer's loans there is this ideological economists lobby which says: 'That's socialism. And that's bad'.' 'But to forgive the loans of big people, so that they will be interested to invest further is capitalism and is good.'
Country's economic growth at 9% requires exports to rise by around 20%, says NSC chairman Pronab Sen
A closer look at the data reveals that a lot of the items are not part of this calculation. The notable ones include buffalo meat, marine exports, raw cotton, and plantation crops such as tea, coffee, rubber, etc.
The special package assistance would be used to augment irrigation structures in drought-prone areas to address the agrarian distress and drinking water crisis.
'Let us also not expect that there will be a clean break with the past, much though the new government might like to think about it. In a functional democracy that is neither feasible nor desirable. But basic change it must be,' says Shreekant Sambrani.
A look at the key decisions taken by the Narendra Modi government in its six months.
'Persisting with the inequalities, indeed seeing them get worse, is no one's prescription for national unity,' notes T N Ninan.
For many years now, India has given the Commonwealth short shrift so its support for the Commonwealth trade initiative signals a renewed interest in the body.
The TDP chief said he tried to speak to Prime Minister Narendra Modi as a 'courtesy' to inform him about the decision to quit but he did not come on line.
The Board of Control for Cricket in India is likely to challenge the Central Information Commission's ruling that the cricket board be brought under the Right to Information act with a top official accusing the Committee of Administrators (COA) of 'wilful negligence' in dealing with the matter.
India is in the midst of its biggest crisis since Independence. It is a national emergency and begs to be dealt with. Politics can wait. Lives need to be saved. We need to vaccinate India at a pace faster than any country in the world, asserts Ramesh Menon.
Bharti Airtel called the prices exorbitant while Vodafone Idea wants the auctions take place in 2020. The auctions need to happen when the infrastructure is ready for the roll out, be it in terms of fiberisation levels, or optimisation of equipment and software etc. Spending a hefty amount on a technology (airwaves) that at present offers limited returns is not going to be a priority for the incumbent telcos.
Earlier, an inter-ministerial group used to take these decisions.
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The cap on FDI in retail has been totally removed, while the limit in insurance sector has been enhanced to 46 per cent.
The party's gamble to go in for early elections paid rich dividends.
Arvind Kejriwal is poised to return to power with a simple majority. Even if the BJP wins 20 to 25 seats, it will be seen as a victory, says R Rajagopalan.
Rajan retained the short-term lending rate at 6.5 and the cash reserve requirement of banks at 4 per cent.
The GDP always has a base year, which defines the composition of the economy in that year. As the composition changes, the base year needs to be revised regularly. Abhishek Waghmare explains how that is done.
At this point of time, the requirement of the economy is obviously more investment, which will create more jobs and increase purchasing power that will sustain a high level of production, says K M Chandrasekhar.
Dr Ashwani Mahajan, all India co-convenor of the Swadesh Jaagran Manch and an associate professor at the Delhi University, discusses the state of the Indian economy in an interview with Rediff.com's Shobha Warrier.
Kiran Vissa, co-convenor of National Alliance for Sustainable Agriculture, said that amendments to the EC Act have nothing to do with farmers' welfare but instead meant to please big players and agriculture companies. This is because small and marginal farmers don't have the storage capacity to attract provisions of the EC Act.
India's real GDP growth is set to exceed 7 per cent for CY-2015.
He said the Congress party might give a surprise or two in the Lok Sabha elections in Uttar Pradesh 'about what the party is capable of doing and to mobilise people'.
'Growth is predicated on the misery of large sections of people.' 'Maybe Hindutva will be used to suppress any such unrest.'
China has been trying to build lobbies of influence and mould public opinion in India since at least 2017, and large sums have been invested in the effort, reveals former RA&W officer Jayadeva Ranade.
As the country readies to go to polls on July 25, one can't deny the role of the military, but there are other factors too.
Domestic and foreign companies pour in a slew of investments in Gujarat.
'At the previous 18th party congress, Xi vowed to protect China's 'core' interests.' 'As a result, India faced a barrage of serious incidents on the borders with China -- at Depsang, Chumar, Pangong Tso and Doklam.' 'New Delhi will watch closely the political signals emanating from Beijing this week,' says China expert Srikanth Kondapalli.
The Australian government has demanded the country's most funded sports rein in gender discrimination for travel arrangements to major events or risk having their support cut.
The booming Chinese economy will register a much slower growth at 8.5 per cent in 2005 compared to 9.1 per cent in 2004 due to a possible slowdown in both investment and exports, the state media reported on Friday.
MCX said it has no exposure to crisis-hit NSEL, which has to settle dues worth Rs 5,600 crore to investors after it suspended trading.
The revived factionalism in the AIADMK, if not curbed now, has the potential to split the party vertically, warns N Sathiya Moorthy.
Amid a spurt in terror attacks in various countries, Prime Minister Narendra Modi on Thursday said terrorism is the "gravest threat" to the world, "equally impacting" India and Mozambique which agreed to strengthen security and defence ties and bolster cooperation in food security.
"Call it a craze, fever or national interest but HSR is our window to the outside world."
Private labels remain big business for e-commerce marketplaces. They comprise almost 15 per cent of the total business of such firms.
