Budget preparation may be one of India's most secret exercises, but what's not under wraps is that the annual financial statement ranks 17th in a transparency index compiled by an American civil society group.
The federal government uses a fiscal year that begins in October; on that basis, the 2014 fiscal year ended in September saw a deficit of $483 billion, the lowest of Barack Obama's presidency
Tanden, president of the left-leaning think tank Center for American Progress, would have led a key economic post that oversees the production of the President's proposed budget for his agenda if she had been confirmed.
At a time when the role of corporate boards is once again under the scanner, independent directors on the Paytm Payments Bank board have indicated that red flags were raised over regulatory issues but they may have been late in doing so. "As independent directors, we asked questions and monitored responses to the Reserve Bank of India (RBI). Many changes were made on compliances. "Obviously, in retrospect, it was not found to be enough," said one of the independent directors on the condition of anonymity.
You don't prep for 2028 but for 2040, or even 2044. Sustained sporting excellence is based on mass support, grassroots development, and funding - and it is this trifecta India needs to work on, systematically, asserts Prem Panicker.
'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.
This will cost the government Rs 3.1 trillion, about 10 per cent of its annual expenditure, and higher than any other spending item in its Budget.
Budget proposals have set four goals to transform Indian Railways.
'Everybody says 5G and communication is important.' 'Everybody says automation, robotics, human computing interfaces -- people and machines working together -- is the future.' 'Everybody agrees that cybersecurity is something that is here to stay.' 'Everybody agrees that synthetic biology is important.' 'Instead of outlining thinking about industries for tomorrow and the future, let the evolutionary pathway be built in a way that it promotes robust, creative, thinking.'
Jaitley's team presents a quintessential mix of foreign-educated, intellectual technocrats and seasoned bureaucrats
New York Mayor Bill de Blasio has announced the appointment of Nisha Agarwal, one of the leading advocates in the city for the immigrant communities, as commissioner of the Mayor's Office of Immigrant Affairs.
'Both nations have a common problem: A rampaging, jingoistic and hostile China which is making substantial territorial claims. In the long run, Japan and India are going to be the victims of Chinese aggression -- so they might as well hang together to contain China,' argues Rajeev Srinivasan.
The elements are all aligned to make India a global powerhouse, says IMF Managing Director Christine Lagarde.
Read the full transcript of President Obama's State of the Union address on Wednesday at the US Capitol in Washington.
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