It claimed the officials were involved in 'espionage, subversion and supporting terrorist activities in Balochistan and Sindh'.
Those behind recapitalisation are neither aware nor do they care. After all, they have no skin in this game. And the Lok Sabha elections are round the corner. That's what they care about, points out Debashis Basu.
Anil Kumar Sinha, a 1979-batch Indian Police Service officer, on Wednesday took over the reins of the Central Bureau of Investigation at a time when the agency is facing criticism from courts over its handling of probe in coal allocation and 2G scams.
FinMin finally sacked executive directors K V Brahmaji Rao and Sanjiv Sharan on January 18. The bank's board, however, had felt they had no criminal intent and it was a case of 'casual oversight'
Chidambaram said it was a 'despicable slur' on the six secretaries of the government.
'This has to be seen in the context not only of the legacy we inherited, but also of global economic weakness.'
'If after inheriting the very bad situation we have reached this level despite consecutive years of drought and no growth in the world economy, it is no accident.' 'It is a result of the sound macro economic policies followed by this government.' 'We have eschewed populism and stuck to a path of fiscal prudence.'
Notwithstanding the hype created by Bharatiya Janata Party about Narendra Modi, its ally Shiv Sena on Friday did not appear to be enthused about projecting him as National Democratic Alliance's prime ministerial candidate in the next Lok Sabha polls.
The passage of the Bankruptcy Code could set the stage for other important legislation that may see India undergo more economic change than all governments combined since the reforms implemented by P V Narasimha Rao in 1991-93, says Ben Merton.
'Here, after all, was a fine specimen of intelligence in the field that Adam Smith gave formal structure. And successful RR surely was as RBI chief.'
Taking serious note of the rampant corruption in the implementation of the Mahatma Gandhi National Rural Employment Guarantee Act in Uttar Pradesh, the Lucknow bench of Allahabad high court on Friday ordered a Central Bureau of Investogation probe into the alleged large scale financial bungling brought to its notice through a public interest litigation, moved by local journalist Sachchidanand Gupta .
"We know that the Communists do not respect the Indian history, culture and spirituality but nobody imagined they would have such hatred," Modi said.
'Most likely scenario is Modi comes back with either a much smaller majority and no majority at all and a coalition.' 'Very hard to imagine him doing better than he did last time.' 'He will then be a weaker prime minister,' the author of The Billionaire Raj tells Rediff.com's Vaihayasi Pande Daniel.
Indonesia is not even counted as a next-door neighbour of India, though the southern-most tip of India is less than a hundred miles away from the northern-most tip of Indonesia. Bringing Indonesia back in the mainstream of the Indian strategic calculus is a step long overdue, says Dr Rahul Mishra.
Getting out of the zero-rate armchair was overdue, and many in the market will be glad it has finally happened
Economy improving but long way to full recovery, says FSDC.
In mounting trouble for former Maharashtra PWD minister Chhagan Bhujbal, the Enforcement Directorate on Wednesday registered two Economic Case Information Reports against him and others under the provisions of Prevention of Money Laundering Act.
Most employment surveys suffer from drawbacks such as limited data coverage, infrequent data collection, and time lag
'Our government has created 10 million jobs when the Indian unemployment rate is at a 45-year high.'
More than 40% of the companies surveyed showed job contraction in FY18, says a report by CARE Ratings
'It is the moment where compassion and empathy must supersede our identity, politics, or our ambitions.'
As many as 4,291 farmers in Maharashtra killed themselves in 2015 topping the list of states with the highest number of suicides in the farm sector followed by Karnataka (1,559), Telangana (1,400), Madhya Pradesh (1,290), Chhattisgarh (954), and Andhra Pradesh (916).
Chidambaram and his son Karti Chidambaram were named in the chargesheet filed by the CBI in the case on July 19.
'The Vladivostok visit marks a subtle reversal of trend discernible in the revival of India-Russia relations pioneered by Modi during the past couple of years,' says Ambassador M K Bhadrakumar.
A special Central Bureau of Investigation court on Tuesday dismissed plea of YSR Congress chief Y S Jaganmohan Reddy seeking exemption from personal appearance during the hearings in a case of alleged quid-pro-quo investments involving his companies, in which he is the prime accused.
Growth in China's consumer inflation slowed than market expectation to 1.6 per cent in September, the lowest since January 2010, according to the official data released on Wednesday.
'Since each chief single-mindedly pursues his service's interests in the competition for turf and in core matters such as budget share. The CDS, therefore, must act as an "honest broker" whose decisions serve the broader national purpose, rather than narrow service interests,' says Ajai Shukla.
Several Congress leaders interpreted it as a dig at Prime Minister Modi who is yet to address a single press conference in his 54-month tenure.
Trade has grown steadily since 2004, before flattening out in the past couple of years.
New Delhi also has the dubious distinction of topping the NCRB list in cases of murder, kidnapping and abduction, juveniles in conflict and economic offences.
The final hearing in the case at the London magistrate's court to extradite Mallya to India is scheduled later this month.
Trump's apparent confirmation that he is under probe for obstruction of justice by special counsel appointed to probe alleged Russian meddling in the 2016 presidential polls came a day after a Washington Post report pointed to such an investigation.
'The Kashmiri identity and its unique blend of Sufi Islam, its culture and language can best survive in a plural and secular India.' 'Neither independence nor merger with Pakistan can achieve that objective.' 'Peace will return to Kashmir only when Kashmiris realise this, else they will be part of the 1,000- year war,' says Colonel Anil A Athale (retd).
The sources said the matter should have been referred to the Cabinet Committee on Economic Affairs as foreign investments above Rs 600 crore (Rs 6 billion) can only be cleared by Cabinet Committee on Economic Affairs headed by the Prime Minister.
Recalibrating data of past years using 2011-12 as the base year instead of 2004-05, the Central Statistics Office estimated that India's GDP grew by 8.5% in the financial year 2010-11 and not at 10.3% as previously estimated.
The meeting was attended by Home Minister Rajnath Singh, Finance Minister Arun Jaitley and chief ministers with the exception of West Bengal Chief Minister Mamata Banerjee and J&K Chief Minister Omar Abdullah.
6 locations in New Delhi and 2 in Mumbai were raided.
Take advantage of the reduced interest rates offered by banks and the tax benefits to make it a lucrative deal
Modi in his address to the BRICS Leaders Meeting in Hangzhou said "terrorists in South Asia or any where for that matter do not own banks or weapons factories". "Clearly someone funds and arms them and BRICS must intensify joint efforts not just to fight terror but to coordinate actions to isolate those who are supporters and sponsors of terror," he said, without naming Pakistan which is a close ally of China.
This is the second time the former finance minister has got relief from arrest.
Apart from cotton, copper, petroleum and industrial machinery, India does not export much to China. This means that India buys six times the merchandise it sells to China, points out Abhishek Waghmare.
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