Budget planners for now have been told to prepare with the assumption that GST will apply from April 1.
Authorities on Saturday continued to dig up currency to the tune of lakhs of rupees, including in new notes, across the country.
P P Chaudhary the newly-appointed minister of state for corporate affairs, is monitoring and coordinating actions against shell companies.
Taking advantage of a Russian offer to sell its crude oil cheap and bear the cost of insurance and transportation, India may import as much as 2 million tonnes (mt), or roughly 15 million barrels of crude, from the sanctioned nation in 2022, Business Standard has learnt. This comes after reports that Indian Oil Corporation (IOC) bought 3 million barrels of Russian Urals from trader Vitol for May delivery. This will be on cost, insurance and freight (CIF) model, where the seller incurs the costs and pays the freight, including insurance charges.
Jet Airways made a stand-alone profit of Rs 87.5 crore (Rs 875 million).
Most Asian markets were trading weak on Monday.
Gandhi said that while the prime minster was armed with his "government, police, army, governments in Gujarat, Uttar Pradesh, Madhya Pradesh, Chhattisgarh", he had truth on his side "and we need nothing other than truth".
This Budget plans for an increase to 10.3% of GDP from 9.9%.
'Prices are rock, bottom, developers are ready to negotiate and banks are keen to lend.'
Gold schemes are offering attractive returns to investors.
The 80-year-old anti-corruption crusader, whose previous agitation propelled many leaders, including Delhi Chief Minister Arvind Kejriwal, to the national limelight has decided that those who wish to associate with him now will have to swear in an affidavit that they will not join politics in future.
Prime Minister Narendra Modi, who recently completed one year in office, has, in an exclusive interview with Smita Prakash, editor, ANI, said the opposition alleging that his government is a "suit boot ki sarkar" is definitely better and more acceptable than being labelled a "suitcase" (ki sarkar), and satirically added, that after ruling for sixty years, the Congress has suddenly remembered the poor.
Kumar's comments at the party's national executive meeting came amid a strain in his ties with the Bharatiya Janata Party and appears to be a message to his ally, some of whose leaders have been linked to alleged communal tensions and violence in the state.
He said that the government was willing to listen to the complaints and suggestions different parties have over the execution of the demonetisation move.
'The voter thinks that the State is not going to impartially deliver services, provide justice, basic law and order, social insurance -- so as a voter it's very rational that I may choose a criminal who will help me navigate the State.' 'A weak State allows a criminal politician to be the person who provides that guarantee to mediate whatever problem the citizen has with the State.'
DTH viewers subscribing to the Tata Sky platform may not be able to watch the channels from the Zee TV bouquet after July 28. The reason is that Tata Sky has an outstanding bill of Rs 9 crore (Rs 90 million).
"Opposition is not allowing me to speak in Lok Sabha, so, I have decided to speak in 'jan sabha'," says Prime Minister Narendra Modi.
Demonetisation impact, earnings growth, central bank policies will get attention.
Breaking his silence over the demonetisation issue, RBI Governor Urjit Patel on Sunday said the central bank is monitoring the situation on a daily basis and taking all necessary actions to "ease the genuine pain of citizens" with a clear intent to normalise the things as early as possible.
'Their vote bank has shifted to the BJP; the Congress is yet to realise it.'
Indian economy about to take-off
Delhi Chief Minister Arvind Kejriwal and his Bihar counterpart Nitish Kumr on Thursday jointly attacked the Centre calling it "anti-poor and anti-farmer" and asserted that the people will give it a "befitting reply".
Accusing the ruling Bharatiya Janata Party of having "reaped benefits" of communal polarisation in the Lok Sabha elections, the Congress on Wednesday said the government should now focus on good governance and deliver on promises.
'The SJM has requested the government to bring a change in the law which will ensure MSP as the floor price for all farmers below which nobody should buy anything from them.'
Reiterating his 'suit-boot ki sarkar' jibe, Congress Vice President Rahul Gandhi on Saturday dubbed Prime Minister Narendra Modi as a feku (a brag).
Criticising various provisions in the proposed GST regime, Moily said it will be a "technological nightmare" and the anti-profiteering provisions in it are "far too draconian."
Anna said he would travel across the nation to "awaken" people on the issue and it will culminate into a protest at the Ramlila Maidan on October 2.
'This is not a small change, it's a BIG change. People wanted to hear the voice of their PM. They can do so now. This is a big parivartan.'
As the House took up the debate on Motion of Thanks on the President's Address, the Bharatiya Janata Party launched a frontal attack on opposition parties specially the Congress for their stance against the CAA, saying they were trying to divide the nation.
The government is beefing up enforcement against tax cheats in real estate sector, says Panagariya
In Mumbai, police seized Rs 1.40 crore from three persons in new Rs 2,000 notes.
Narendra Modi government is working for 'making India' whereas the Congress is working for 'breaking India'.
Biju Janata Dal members had staged a walk-out while NDA ally Shiv Sena did not participate in the voting.
When corruption eats into the vitals of a nation, the State structures decompose and collapse. And when the leadership loses respect of the people, the war is lost, asserts Ambassador M K Bhadrakumar, who played a stellar role in beginning India's systemic dealings in Afghanistan in 1994.
Seeking to wriggle out of the FATF's grey list, Pakistan has imposed tough financial sanctions on 88 banned terror groups and their leaders, including Hafiz Saeed, Masood Azhar and Dawood Ibrahim, by ordering the seizure of all of their properties and freezing of bank accounts, a media report said.
Individual tax-payers could get notices in case of a loan or a cash gift from a relative.
RBI on Monday conducted an unprecedented level of liquidity infusion to the tune of Rs 3.3 lakh crore, in which banks bid for as much as Rs 4.5 lakh crore. The central bank said it would conduct a liquidity infusion auction of Rs 1 lakh crore on Tuesday as well, to help banks tide over the liquidity crisis.
The full transcript of the exclusive interview with Prime Minister Narendra Modi.
Anti-racism protests across the United States, the funeral procession of George Floyd in Houston, a defaced statue of King Leopold II in Brussels, unlocking of restrictions in Mumbai and much more. Scroll for the top moments from the week gone by.
The year 2014 was one of the most challenging years for India. For two consecutive years our GDP growth was sub 5 per cent. Employment generation had declined, the revenue buoyancy was low and the country had become investment starved.