Owing to Finance Minister Nirmala Sitharaman being new to her role, a number of crucial announcements in the Budget bore Garg's imprint, especially the decision to borrow in overseas markets, reduce the fiscal deficit as a percentage of gross domestic product, and resort to off-Budget borrowing to meet that target, says Arup Roychoudury.
'If you look at this Budget, except for the Rs 2 increase in petrol and diesel, there is no positive or negative impact from the Budget for the common man.'
Rediff.com takes its readers through the various moods of Raghuram Rajan.
To avoid hiccups, the administration has decided to start functioning as two independent states from May 26 itself.
The probe into Sunday's serial blasts near a political rally addressed by the Bharatiya Janata Party prime ministerial candidate Narendra Modi has been handed over to National Investigation Agency following recommendation from the Bihar government.
First, the Insolvency and Bankruptcy Code, much-lauded as a game changer, needs serious reform. Second, some vital policy choices would need to be made as far as competition law is concerned., says Somasekhar Sundaresan.
The statements of the Mukerjeas were recorded by the Enforcement Directorate, which is probing the money laundering angle in the case, while the CBI had only recorded Indrani's statement before a magistrate as per section 164 of the CrPC, they said.
The ministry, according to sources, held three special drives during June-July for weeding out and indexing of old files and records
The Covid pandemic has left a question mark on how the central government manages its staff.
Finance Minister Arun Jailtey's time table on Budget day.
Close to 202,000 new entities have registered under the GST Network
The COVID-19 tests will be started at every polling station in the containment zones of Delhi in a few days
However, independent economists are not as gung-ho as the finance ministry over the likelihood of deficit target being met this time around, says Indivjal Dhasmana.
Delhi was just one riot. Add Bengal, Assam, Uttar Pradesh and you can count a few scores dead. It could, regrettably, be just the beginning of a very long, dark phase for India, notes Shekhar Gupta.
2018 has been a disappointing and highly volatile year for equity investors.
Chaos in Parliament threw a spanner in the government's efforts to revive the economy and kick-start reforms.
It is possible that the final Budget architecture may be at variance with the comments.
Commuters were hit hard for the second day on Tuesday due to Chief Minister Arvind Kejriwal's dharna in the heart of the capital with authorities shutting down four metro stations and buses being diverted.
Rumours in the bureaucracy on his successor include the names of Sajjid Chinoy of JP Morgan, Rathin Roy of the National Institute of Public Finance and Policy, Neelkanth Mishra of Credit Suisse and the principal economic advisor, Sanjeev Sanyal.
The President has begun studying Constitutional and Presidential precedents in anticipation of a fractured mandate in next year's general election, reveals R Prema.
The Union home ministry said there was 'substantial progress' on the issues in the talks.
RBI governor is seen succeeding International Monetary Fund (IMF) chief executive officer, Christine Lagarde, next year.
On the direction of Prime Minister Narendra Modi, the Union Home Ministry is on a cleanliness drive and, in less than a month, has destroyed nearly 1.5 lakh files that had gathered dust for years.
Here's a recap of events that occurred in India in the past 24 hours.
The foundation stone laying ceremony for the proposed new headquarters of Delhi Police was marred by a controversy when Home Minister Sushilkumar Shinde, the chief guest of the event, skipped the function citing inadequency in the documentation of the project.
Reddy has worked to reform the economy.
As defence minister, Singh's most crucial challenge will be to speed up the long-delayed modernisation of the three services besides ensuring overall coherence in their combat readiness.
Defence Minister Manohar Parrikar on Wednesday said there was no controversy in the sacking of Avinash Chander as Defence Research and Development Organisation chief and it was he who recommended that the position should be held by someone from a "slightly younger generation" and not by someone on contract.
'This pandemic has given him a new platform to perform,' says a member of the government. 'He should feel lucky that he has got an opportunity now to demonstrate to the world his original talent.' 'He needs a visionary script to perform.' Sheela Bhatt reports on the politics of the pandemic.
Foot-tapping music and soulful classical renditions rent the air as Republic Day celebrations culminated with the Beating Retreat ceremony in New Delhi where President Pranab Mukherjee rode the ceremonial buggy down the Raisina Hill on Sunday for the last time during his tenure.
'We are moving away from the Modi promise of less government,' says T N Ninan.
A serious debate in the Rajya Sabha on alleged destruction of files by the Home Ministry on Monday witnessed some lighter moments when a Congress member shared with the House his experiences on "simian trouble" in the corridors of power.
There must be no discrimination on basis of religion, said Home Minister Rajnath Singh.
The principal challenge for Rajan's successor is to work with the Bank Board Bureau and the finance ministry to complete these processes of banking reform.
A decision by P Chidambaram in his last days as finance minister has annoyed the revenue department.
The heartburn is over six sensitive issues
This meeting came in the backdrop of a controversy raked up by some politicians, including those from Bharatiya Janata Party, Communist Party of India and Trinamool Congress, who objected to the sale of 24 per cent of Jet's equity to Etihad at a cost of Rs 2,058 crore, saying it was not in the national interests.
The Special Protection Group, the National Security Guard, the Central Reserve Police Force, the Central Industrial Security Force and the Indo-Tibetan Border Police are ensuring a watertight VIP security cover everyday to politicians campaigning across the country.
He was a leader who enjoyed acceptance from all sections of the BJP and beyond.
