While Ambani, 66, drew nil salary from the company since the 2020-21 fiscal year, other executive directors including his cousins Nikhil and Hital are paid a salary, perquisites, allowances and commission. His three children - twins Akash and Isha (both 31) and Anant (28 years) - will get only a sitting fee and a commission on the profit earned by the firm.
Now, the commission will be between zero per cent to 0.5 per cent.
If Modi wants to leave a real legacy, breaking India's strategic triangulation would be the real gift, notes Shekhar Gupta.
Embarrassed by the debate on whether its suggestion that a human being can live on Rs 32 a day in urban India, the Plan panel has said those who are not really poor should be excluded from being enumerated as being poor.
The 14-member delegation of the Apex Body Leh and Kargil Democratic Alliance met the high-powered committee for Ladakh headed by Minister of State for Home Affairs Nityanand Rai.
The electoral battle in Varanasi, according to locals and political experts, is not about whether the PM will win for a third successive occasion, but if he will increase his share of the votes polled and his win margin.
The pilot scheme to develop satellite towns around seven mega cities will spill over to the 12th Plan period (2013 to 2018), as against the original deadline of April 2012.
The Planning Commission on Wednesday said that Rs 50,000-crore (Rs 500 billion) Infra Debt Fund for financing infrastructure projects will become operational by beginning of next fiscal.
'All my wealth I earned in the US. It is all money earned transparently. I have paid all taxes.'
The committee is expected to submit its report soon.
Russia's unprecedented rapprochement with North Korea has raised concerns about the re-emergence of a Russia-China-North Korea alliance which could increase the probability of conflict on the Korean Peninsula, explains Dr Rajaram Panda.
Renowned economist Arjun Sengupta and Congress Economic Affairs Secretary Jairam Ramesh are among the front-runners for the post of Deputy Chairman, Planning Commission, which fell vacant following the resignation of K C Pant.
Prime Minister Manmohan Singh will preside over a full Planning Commission meeting on September 1 for the mid-term appraisal of the Eleventh Five-Year Plan period (2007-12).
When Vineet Mittal first got into solar power, sometime around 2009, and was planting solar panels in Gujarat, renewable energy looked like a sector ripe for startups. Renewables were clearly the future of energy, and the big boys - Mukesh Ambani's Reliance, Adani Group, and the Tatas - were focusing much more on coal and petroleum. Little did Mittal know that things were going to change drastically.
A maximum of 92,000 personnel of CAPFs are likely to be deployed in politically volatile West Bengal, where elections will be held in seven phases, followed by 63,500 personnel in militancy-hit Jammu and Kashmir, where polling will be held in five phases.
Officials said as part of the reorganisation in the Commission, a move is afoot to strengthen the PEO with new roles, powers and jurisdiction.
The Planning Commission has favoured sustained efforts to hike public investment to achieve the desired 8 per cent economic growth for which the Centre could consider relaxing fiscal discipline.
'This Lok Sabha election is more of a trial for GenAI content.'
Farmers will march towards Delhi on Tuesday after a meeting with two Union ministers over their demands, including legal guarantee to minimum support price (MSP) for crops, remained inconclusive.
In the first such initiative, the Bharatiya Janata Party has invited the ruling and Opposition parties from around the world to witness the Lok Sabha elections in India first-hand.
Montek Singh Ahluwalia, Deputy Chairman of the Planning Commission made a presentation in which he pointed out the detailed process through which these targets were finalised and the high level of ambition they represent.
Besides, the economic growth in the January-March quarter last fiscal was at nine-year low of 5.3 per cent.
Manavjit set to be disqualified from Olympic Qualifiers after his gun stock fails test
A team of three Union ministers will hold talks on Monday with a delegation of farmer leaders, who are planning to march towards Delhi to press for their demands.
a nation should ensure that people are compensated adequately for their work by paying the minimum wage.
The government on Thursday said it would open up to 20 IIITs across the country in partnership with the industry, for which a sum of Rs 100 crore (Rs 1 billion) has been approved. Planning Commission member secretary Rajeeva Ratna Shah said the National Development Council (NDC) has approved setting up of the new IIITs, which will be co-funded by industry associations and other business houses.
The chief minister said certain steps by the government, including the introduction of an electric vehicle policy in 2020 and 24-hour electricity supply, had led to an 18.6 per cent decline in air pollution levels in the last four years.
The Planning Commission is considering a hike in public sector investment in the farm sector to 4 per cent of agricultural gross domestic product towards the end of the 11th Plan (2007-12).
The 10th Five-Year Plan, which ended on March 31, has come close to achieving the growth targets set at the outset of the Plan by the Planning Commission.
The MTA will now be placed before the National Development Council, highest policy making body in the country headed by Prime Minister Manmohan Singh.
An expert committee headed by Planning Commission member Narendra Jadhav is giving finishing touches to the proposals.
The CEOs, sources said, also discussed the steps to raise domestic production of coal.
The varsity will send a proposal in this regard to the University Grants Commission and the ministry of education.
However, 10 per cent economic growth rate does not seem feasible, Planning Commission Deputy Chairman Montek Singh Ahluwalia told reporters here, a day before full Plan panel is to meet under the chairmanship of Prime Minister Manmohan Singh.
High profile economist Montek Singh Ahluwalia on Monday assumed charge as the deputy chairman of Planning Commission.
The attorney general's office filed the case on Sunday, the same day when clashes broke out in the House between pro-government MPs and opposition lawmakers following differences over the approval of four members of his cabinet.
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