It was widely expected that this time around, the government would be less likely to initiate fresh reforms and rather loosen its belt a little to give various segments of the economy, especially the multitudes that truly constitute India, something to smile about, says Sudip Bandyopadhyay.
The BJP president came down heavily on the Opposition saying a shocking change has happened in the country's politics with those against the prime minister resorting to lies and speaking it loudly all the time.
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'India is doing better than when we took office 17 months ago'.
ICICI Bank has 317 branches in hitherto unbanked villages.
'There is no difference between the earlier government and the present government.' 'They are all following the economic policy based on the Chicago School of thought.' 'This school of thought says the government should have very little role in governing the country and the majority of the work should be handed over to the private sector.' 'This has not succeeded in the US.' 'Yet, it is being tried here by people like Arvind Subramaniam, Arvind Panagariya, Urjit Patel and Raghuram Rajan.'
'Villages are much better prepared than towns as far as COVID-19 is concerned.'
'Change is the rule of politics.'
Bureaucrats heading disinvestment and financial services usually don't get appointed as finance secretary.
Cap on bank withdrawals to be reviewed after Dec 30, says finance secy.
Prime Minister Narendra Modi on Tuesday met business leaders to hear their grievances on issues ranging from high capital cost to ease of doing business to certainty on taxation matters, as he interacted for the first time with the Indian industry chambers since taking charge over a year ago.
With a staff crunch, it seems the I-T department would now target only the big fish rather than go after small assessees.
Key questions remain about the operational and financial viability of a completely paperless bank such as India Post, says Mayank Jain.
The most pressing issue facing the financial sector is the rising stock of non-performing assets in the banking system
Prime Minister Modi has said it is their small units that drive the Indian economy.
Payments banks are niche banks which will be allowed to function with several restrictions.
The Prime Minister stressed on achieving financial inclusion.
As Prime Minister Narendra Modi is set to deliver his third Independence Day speech on August 15, he is inviting ideas from citizens on issues he should speak on
Pradhan Mantri Jan Dhan Yojana and Make in India -- are not covered here.
US President Barack Obama on Sunday affirmed his commitment to enhancing India's 'voice and vote' in global financial institutions like IMF.
Prime Minister Narendra Modi has asked the electorate in Jharkhand to give a decisive mandate to Bharatiya Janata Party for a strong and stable government in the state and not opt for a coalition as "thekedars" (contractors) will then enjoy all power.
One of the big takeaways from the recently released data on India's merchandise trade is that gold imports have, once again, skyrocketed.
The government is doubling down on existing 'temporary' restrictions on the import of gold. Some were introduced under the last administration, and had a transitory effect, reducing gold imports through the official channel.
Hitting out at Prime Minister for calling note-ban a 'shuddhi yagna', senior Congress leader Prithviraj Chavan said the move is nothing short of an "uncontrolled forest fire" that has claimed several lives and hit the economy.
Steps taken by the government over the past few months signal a determined effort to reform the subsidy regime.
Prime Minister Narendra Modi will undertake a day-long tour of his Lok Sabha constituency on Friday.
'Two days notice for the Janata Curfew.' 'Two-and-a-half days notice for lighting candles, but a mere four-hour notice for the lockdown without taking state governments into confidence.'
In the last couple of months, the Prime Minister has visited Japan and the US and launched the Make in India campaign to lure foreign investments into manufacturing sector.
The central bank dashed hopes of any steep interest rate reduction.
'We have promised to ensure reduced tax rates.'
To write a criticism of the finance minister's performance without having included the PM's role is deliberate. It is not difficult to see why Jaitley interpreted it as being Sinha's way of sucking up to Modi.
The Governor, who completes one year in RBI on Wednesday, has stabilised the rupee and is getting a fix on inflation.
Sitharaman cancels Myanmar trip at last moment citing launch of Modi's Jan Dhan Yojana.
Modi also dared Rahul to speak in any language for 15 minutes about the achievements of the Siddaramaiah government without referring to a piece of paper.
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The first phase would comprise universal access to banking facilities. Under this, basic bank accounts with zero balance, RuPay debit card and financial literacy, will have to be completed in the next one year, officials said.
Prasad, who referred to the days when the saffron party had won just two seats in the 1984 Lok Sabha polls, slammed the BJP for shying away from declaring its 'face' for state polls.
'Deep pockets have become a prerequisite for contesting elections on a major party symbol in most states.' 'Given the premium parties place on self-financing candidates, once you have accounted for the suspected criminals, dynasts, industrialists, and celebrities, there is not much room for anyone else.'
The prime minister is aware that whatever be its consequences, a new taxation regime cannot be launched closer to the general elections in 2019. Thus, any date after April 2017 for the launch of GST is risky, says A K Bhattacharya.
Finance minister Arun Jaitley has few feathers in his cap for taking serious eff
Modi sarkar took few initiatives to uplift the poor strate of society.
Modi said there was a time when families would celebrate getting gas connections as if they have got home a Mercedes.
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