Parekh says drafting new I-T law is hindered by the lack of experience.
'We have not seen even during Vajpayee's time what Modi and the BJP has adopted now.'
Government employees enjoy a pay revision every five years, unlike once in every 10 years for central government employees, and draw relatively higher salary.
The April-June quarter GDP slipped to 7 per cent from 7.5 per cent.
The 3 per cent target would now to reached a year later.
Finance Minister Arun Jaitley said the government will safeguard interests of soldiers retiring at an early age through higher pensions.
Daily turnover down by a third in December compared to previous months.
The public agitation launched for the demand of OROP on June 6 completes 100 days.
Wednesday's hawkish and essentially courageous decision underscores that Governor Urjit Patel will largely represent continuity, rather than a break, with the policies and approach of his predecessor, says Richard Iley.
'You have to do good work and also do good politics.' 'I think that part was missing, communication was an issue, but we have bridged that gap.'
Trade union leaders claimed that the strike would be even bigger than the one last year as the number of striking workers is expected to swell to 18 crore
According to the proposed agreement, Japan will provide financial assistance to the tune of 81 per cent of the project cost as soft loan.
India moving in right direction on GST, says Panagariya.
For India, it is business as usual with the government muddling along.
Siddaramaiah announces free LGP gas, universal health scheme in budget
Good news soon on the long-standing demand of ex-servicemen, promises Manohar Parrikar
'The only credible explanation for the niggardly approach to defence expenditure must be that the government does not expect a war.' 'But wars can happen when you don't expect them, and re-arming at the last minute is not possible,' says T N Ninan.
Market regulator, the Securities and Exchange Board of India, has set out five broad categories for mutual fund schemes, including equity, debt and hybrid funds that will benefit investors, says Ashley Coutinho
The long-pending 'One Rank One Pension' (OROP) scheme for ex-servicemen is likely to be rolled out ahead of the assembly polls in Bihar later this year, top government sources indicated on Tuesday.
The agency has predicted that monsoon will also be a major factor.
The Pay Commission's award will provide a windfall that can be used to both spend and invest wisely.
The government was exploring options to secure higher dividend payment from state-run companies.
'My appeal to ex-servicemen,' says Colonel Anil A Athale (retd), 'is please do not demean yourself and bring our izzat down to the levels of militant trade unionism of the banks or airline variety! Please accept a reasonable compromise and fight your battle with the 7th Pay Commission!'
Rahul was leading a candle light march organised by the Delhi Congress unit from Jantar Mantar to India Gate when police personnel restrained him
Strong festive demand in October helped carmakers register a seven-per cent volume growth in the domestic market, even as the largest player, Maruti Suzuki, reported low single-digit growth.
Defence Minister Manohar Parrikar on Wednesday indicated that the post of Chief of Defence Staff could be a reality soon, a day after Prime Minister Narendra Modi marked defence reforms as a priority and stressed that "jointness at the top" was a need long overdue.
Experts prefer domestic consumption-driven plays and defensives such as information technology and pharmaceuticals
Raha said the force has the power to punish its enemy, but a decision on using it in an offensive role will have to be taken by the government.
With the PMO itself spearheading a re-evaluation, the Director General of Defence Accounts has been asked to justify its earlier contention that the 'slab based' system would benefit a larger number of disabled veterans -- something the army flatly denies, reports Ajai Shukla.
A group of ex-servicemen on Monday announced that they will boycott all official functions, including ongoing 50th anniversary celebrations of the victory in 1965 war, in protest against delay over implementation of "One Rank One Pension" by the government.
Analysts expect the central bank to remain watchful of inflation.
There are a couple of proposals, however, whose goals are not easily achievable.
Analysts expect inflation to peak in the first half of 2016-17 and moderate, thereafter, on the back of positive impact of monsoons
'The travesty of recent Indian strategic thought is it emerges not from our brains, but from whatever part of the anatomy that secretes the prickliest hormones,' says Shekhar Gupta.
Trade unions said Jaitley's minimum wage announcement is completely inadequate
Lavasa will replace Rajan Watal, who retires on Saturday, even as the budgetary process is yet to be finally completed.
There are many collateral advantages of taking the tough decision.
Another veteran Havildar Saheb Singh (retired) took his place and began the fast-unto-death.
'The BJP portrays a make believe world.' 'The Tripura victory is being seen by some as a result of bahubal and money power -- but that would be a very simplistic explanation.' 'Money and muscle power can play a role up to a point, but the BJP's victory is remarkable because it replaced a party that was in power for 25 years.'
Will the government now push to move away from what Mr Rajan has been doing in the last few years?
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