Opposition MPs in India's Rajya Sabha raised concerns about US President Donald Trump's tariff threats, demanding the government clarify its response and engage in discussions with opposition parties. Leaders like P Chidambaram and Sagarika Ghose warned of potential economic repercussions, including depressed exports, lower FDI, and a significant tariff burden. The debate also touched on other issues such as the government's economic policies, demonetization, and the impact of GST on common citizens.
'Each state is unique, but when it comes to finance, the fundamentals cannot be different.'
This is the first time that the 73-year-old former finance and home minister is being grilled by the ED in this case.
India needs another shot of difficult reform, of the kind only possible at gunpoint. Mr Trump holds that gun to our heads now. A drastic reduction in tariff protection, other elements of sarkari wet-nursing will force entrepreneurial India to become competitive again, argues Shekhar Gupta.
Senior Congress leader and former Union finance minister P Chidambaram has joined the popular micro-blogging site Twitter and says he is on board for sharing serious views.
The Delhi high court on Wednesday stayed the trial court proceedings against senior Congress leader P Chidambaram in the Aircel-Maxis case lodged by the Enforcement Directorate.
Tamil Nadu is set to protest against the National Education Policy (NEP) on February 18, with the ruling DMK and its allies announcing a demonstration. The state government has been at odds with the Centre over the implementation of the NEP and the three-language formula proposed in the policy. Union Education Minister Dharmendra Pradhan dismissed the state's opposition as "politics" and asserted that the Centre is committed to implementing the NEP across the country. The DMK, however, accused the Centre of encroaching on the state's rights and using the office of the Governor to push the NEP.
Sitharaman, India's first full-time woman Finance Minister, broke away from the colonial tradition of carrying a Budget briefcase in July 2019, opting instead for a traditional 'bahi-khata', to carry the Union Budget papers.
The director of the Indian Institute of Technology (IIT) Madras, V Kamakoti, has sparked controversy after making a remark about the "medicinal value" of cow urine, or "gomutra." Kamakoti, while speaking at an event celebrating Maatu Pongal (a festival dedicated to cows and bulls), cited an anecdote about a sanyasi who was cured of a fever by consuming gomutra. He also claimed that gomutra has "anti-bacterial, anti-fungal, and digestive properties." The remark has been widely condemned by rationalist organizations, political leaders, and medical professionals who have criticized Kamakoti's statements as "pseudoscience" and "regressive." The controversy highlights the ongoing debate in India around traditional beliefs and scientific evidence.
Dr Manmohan Singh's mortal remains were consigned to the flames at the Nigambodh Ghat in New Delhi on Saturday, December 28, 2024 amid the chanting of religious hymns.
How Kamal Nath left the Opposition leaders stumped... Why Montek Singh is avoiding the poverty line... Mamata Banerjee's newest enemy. All this, and more, in this week's Dilli Gupshup.
How Kamal Nath left the Opposition leaders stumped... Why Montek Singh is avoiding the poverty line... Mamata Banerjee's newest enemy. All this, and more, in this week's Dilli Gupshup.
The Congress leader was first arrested by the CBI on August 21.
'If the BJP detoxifies the nuclear liability law, it will bring economic, environmental and, most of all, strategic benefits.' 'Let's keep our fingers crossed and hope that this Budget promise is met soon -- ideally, before Mr Modi heads to his first meeting with Trump 2.0,' observes Shekhar Gupta.
This will be the first full-year Budget of the BJP-led National Democratic Alliance government since it came to power for a third consecutive term in July last year.
India's opposition parties have sharply criticized the Union Budget, calling it inadequate to address the country's economic woes and accusing the BJP-led government of using it to woo voters in Bihar and Delhi ahead of upcoming elections. Leaders from the Congress, TMC, DMK, SP, and CPI(M) voiced their disapproval, highlighting concerns over inflation, unemployment, and the lack of substantial measures to support the agricultural sector and the poor. They also criticized the tax cuts for the middle class as insufficient and coming too late after years of high taxes and rising prices.
'...still have lost the 2014 Lok Sabha polls but could have won 140 seats.'
'Your relationship with your child is changing every single day, ditto your relationship with your parents.'
Home Minister P Chidambaram addressed chief ministers on internal security.
The Central Bureau of Investigation had called Karti for questioning on Thursday in connection with the foreign investment clearance given in the Aircel-Maxis deal in 2006 when his father Chidambaram was the finance minister.
'During his stint as prime minister, he got 270 million people out of poverty.' 'This, according to the World Bank, is the fastest compression of poverty anywhere in the world.' Arvind Mayaram, the former finance secretary, recalls his encounters with Dr Manmohan Singh.
In Mr Chidambaram's third stint as finance minister, which lasted till his government was voted out in May this year, he had a fairly pressing crisis to deal with.
'Suddenly we had a new comprehension of affairs, which reminded that the luxury of politics floated atop a foundation by economics.' 'Along with this, finance ministers became crucial in molding the perception and reputation of Union Cabinets.' 'Governments couldn't afford a wrong person in that portfolio,' asserts Shyam G Menon.
Home Minister P Chidambaram talks about the Naxal menace, Kasab's death sentence, the role of Hindu right-wing organisations in orchestrating blasts and his impending visit to Pakistan.
Union Home Minister P Chidambaram urged the captains of Indian Confederation of Industries to invest in naxal-affected areas too for the upliftment of the country.
Former Union Finance Minister P Chidambaram on Friday said the Union Budget had been drafted in anticipation of early general elections and the fiscal deficit would move up to 6.2 to 6.3 per cent as against the 5.9 per cent projected in the Budget.
In a recent public appearance, Mr Chidambaram was quite candid in saying that UPA-II misread the signals from its electoral performance in 2009.
With important judgments in the 2G spectrum scam case expected this year, neither the government nor Home Minister P Chidambaram will be able to rest easy.
Curfew was relaxed in three Imphal Valley districts on Tuesday and the suspension on broadband internet lifted with conditions, even as Chief Minister N Biren Singh blamed the Congress for the present crisis in Manipur and NDA MLAs called for a "mass operation" against militants responsible for the killing of six women and children. Peaceful rallies were also staged across the state, with hundreds taking to the streets with empty coffins in Churachandpur district, demanding justice for those killed in a gunfight with the security forces in Jiribam, and members of various civil society organisations bringing out a procession in Imphal West district to protest the reimposition of AFSPA in parts of the state.
Growth, Finance Minister P Chidambaram pointed out while delivering the K Subrahmanyam Memorial Lecture in New Delhi, is the key for greater public welfare and greater security. Sustained high growth, he felt, is the key to become a comprehensive national power.
Congress president Mallikarjun Kharge has called for tough decisions and unity within the party after the Congress suffered electoral defeats in Maharashtra and Haryana. In a meeting with top party leaders, Kharge highlighted the need to strengthen the organization from the grassroots, fix accountability, and address internal bickering. He also urged leaders to remain united and avoid public criticism of each other. The Congress chief expressed concern over the party's performance in state elections despite a strong showing in the Lok Sabha polls earlier this year. He acknowledged the need to learn from the setbacks and improve the party's strategy and communication to counter its rivals' propaganda.
The Congress hit back at Nadda, saying his letter to Mallikarjun Kharge is a "4D exercise - denial, distortion, distraction, and defamation".
As a sentinel of the nation's finances, he failed to prevent the loot of our exchequer
'We are going to need more technical people in government.' 'You can't expect a generalist to understand the complicated world of financial engineering.' 'I regret to say that most of our politicians have no competence to deal with these things. Nor is there a willingness to learn.'
He argued that if inflation is low, stable and moving towards the 4 per cent target, why has the RBI not revised downward the bank rate fixed in June 2023?
'One nation, one election' is not possible under the present Constitution. It requires at least five constitutional amendments'
Sirsa MP Kumari Selja will campaign for the Congress and address a public meeting in Narwana this week, party general secretary Randeep Surjewala said on Monday after the Bharatiya Janata Party targeted the grand old party over alleged infighting amid reports that she was sulking.
Sitaram Yechury strived to have the country's Left movement shed its doctrinaire approach to India's socio-cultural complexities and stitch electoral and social alliances to fight the Sangh Parivar.
'I get enormous pleasure from seeing the uplift of an underprivileged or poor person.' 'I feel elated when I walk on the street and see someone who pushes a handcart talking on a cell phone.' A revealing glimpse from Peter Casey's The Story of Tata: 1968 to 2021.
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