A private member resolution seeking that the government implement the recommendations of the Sachar Committee report and other reports that have discussed the educational and social backwardness of Muslims and enact a legislation for the prevention of atrocities against minorities was moved in the Rajya Sabha on Friday.
The biggest headwind to the consumption story in FY23 is a sharp decline in government subsidies on food, fertiliser and fuel, and overall decline in revenue expenditure net of interest payments. This, analysts say, will adversely impact purchasing power of households at the lower end of the income pyramid, translating into lower spending on consumer goods and services.
'Ours is a disaster movie with no big stars, songs or commercial ingredients.' 'Yet, it is Malayalam cinema's highest grosser.'
On his 50th birthday on May 25, Sukanya Verma celebrates the man and his movies.
There is a total disconnect between the vast majority of Indians and their elected rulers and their minions in the executive and judiciary, says Sudip Mazumdar.
A raise in the I-T exemption limit has been sought by many.
I watched from my balcony and found that during the next eight hours up to 5.30 pm, not one prospective voter was seen to go to the Congress table, notes Rashme Sehgal. The rush was all around the BJP table.
Jim Rogers' decision not to invest now is not India-specific, but has to do with the problems relating to how the major global economies are shaping up.
'They (the ransomware attackers) are not after any VVIP data.' 'Had that been the case, they would have quietly installed a different malware.'
'... I didn't have an Instagram account!' 'I was told that the actor who's being considered in my place has a lot of followers, and that will help the producers.'
'I do not want to get into the number game. This time, the BJP will get unprecedented seats and vote percentage in Gujarat.'
There is a kind of audacious large-scale experimentation which is admirable, even if the novelty and potential of the idea are not fully realised, notes Deepa Gahlot.
'Karenge aur kaam, sir. Zindagi bahut choti hai, ideas bahut sare hain.'
Opposition members in the Lok Sabha on Monday blamed the Bharatiya Janata Party-led central government's policies for the price rise and accused it of ignoring the plight of common people, saying kitchens will soon "see a lockdown" if the Centre does not take corrective measures.
The most essential and necessary things should be on top of the list and others which we can do without should be avoided, says Nandini Anandkumar.
In an interview with Shobha Warrier/Rediff.com, he talks about the economic policies of the Narendra Modi government and whether achche din is really coming.
'Once you become a mother you can win the big wars at work and you can win the big wars in your life. 'But, sometimes, you lose the small battles at home and lose the small battles with your children.'
FY22 will be the year to rebuild with the IMF projecting output growth at 11.5 per cent, economic survey at 11.0 per cent and the RBI's Monetary Policy Committee at 10.5 per cent.
It's not as easy to know how the funds were deployed and gauge the impact.
Despite strong AUM growth, MFs lag behind other popular investment avenues. MFs received only 6 per cent of total household savings in 2021-2022.
Don't forget to make your pick for the newsmaker of 2015.
Indian-American Neera Tanden, who has been nominated as the director of the Office of Management and Budget by US president-elect Joe Biden, on Tuesday shared the inspiring story of her mother who immigrated to the US from India.
'The question often being asked is whether the demand for petrol and diesel is price inelastic?' asks Arun Balakrishnan, former chairman and managing director, Hindustan Petroleum.
India's real estate industry staged a rebound from 2020's downturn, with housing sales seen rising by over 50 per cent. The performance, though short of pre-COVID levels, has property developers hoping for stronger gains in the New Year and the beginning of a long upcycle. A strong foundation has been laid this year for revival in the Indian real estate sector, which is projected to reach $1 trillion mark by 2030 from $200 billion in the pre-pandemic year.
Expressing his satisfaction over the government's move to slash fiscal deficit target, Das said it will help improve investment by the private sector as crowding out impact will be less.
'Modi looks to be an effective, result-oriented, purposeful leader, focused on bringing greatness and glory to the nation.'
'
So it is best for his critics to give up their sniping and supplement his efforts,' asserts B S Raghavan, the distinguished civil servant who served three prime ministers.
Lok Sabha passed the Finance Bill, after approving more than two dozen official amendments, by voice vote, thus completing the Budgetary exercise for 2019-20 in the Lower House.
The pandemic has forced us to reflect and re-evaluate our old habits and perceptions, says Anamika Sengupta.
'I would want people to have food on their tables and their wages to rise.' 'Will that happen or not is the question that we need to ask and answer.'
Here's how you can ensure you have enough in your kitty and be in command of your finances.
India is back on the diplomatic table pushing oil producing countries to raise production in a bid to cool down runaway oil prices. Brent crude oil prices traded above $90 a barrel, on Thursday, for the first time since 2014. Brent is the most popular marker for crude oil trade. It is used as a benchmark for two-thirds of the world's internationally traded crude oil.
Shah said that the people of the country will decide about the principal opposition party to BJP in the 2024 polls and they have not given this label to any party.
If international crude oil prices zoom past the current level of about $90 per barrel and move towards $100 and beyond, middle-class consumers are not going to keep quiet about their discomfort, points out Arun Balakrishnan, former chairman and managing director, Hindustan Petroleum.
In a live chat on rediff.com on Wednesday, July 16, 4 pm, Feroze Azeez, will offer some valuable suggestions on investments.
Indian students planning to study abroad this year have to pay higher fee, fund their quarantine stay and also compete for on campus work opportunities.
'It does not look like unemployment is a priority for the government.' 'If there was one external factor which could have made an impact on low investment and low jobs, it was the Budget and it has not made any difference.' '2020 is going to be a difficult and challenging year.'
Rahul Gandhi on took a dig at PM Modi saying his government's praise of the UPA's flagship scheme MGNREGA is a "shining example" of Modi's "political wisdom".
'I told myself, I will be 23 next year. Why can't I be a billionaire too?'
Indian economy about to take-off
The government and the farmers must come back to the negotiating table with only the interest of the country in mind, suggests Vivek Gumaste.
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