Jaitley also hinted that these very economic realities could decide whether the government sticks to a fiscal consolidation roadmap or not.
The Pension Fund Regulatory and Development Authority Bill, 2011, provides for market based returns and wide coverage based on several investment options in the pension sector with an aim to building confidence in the subscribers.
'Similarly, he is against Dalits forgetting that the only way to get rid of poverty is to empower poor people.'
Resolution to the bad loans problem has to be incremental, and the RBI has to ensure NPAs are not swept under the carpet, HDFC chairman Deepak Parekh tells Joydeep Ghosh.
'Mamata is synonymous with Bengal, its culture, language, traditions.'
With a sole mandate of inflation targeting, RBI wears many hats.
PSUs will get direct allotment.
Once the scheme is implemented 70-80 per cent of the freight would move along national highways as against the current 40 per cent, says Highways Minister Nitin Gadkari.
The United States embassy's pollution monitor recorded 'hazardous' air quality with the index scoring an alarming 878, which the mission considers 'beyond its air quality index' (AQI), which ends at 500.
Govt reconstitutes body, says will not interfere in senior PSB appointments
BJP gives only 7 per cent instead of promised 33 per cent representation to women in its national executive
The government's step to curtail fiscal deficit is helping the central bank's monetary policy, Rajan said.
The bill seeks to ensure health-care, treatment and rehabilitation of persons with mental illness "in a manner that does not intrude on their rights and dignity."
Chidambaram and his son Karti Chidambaram were named in the chargesheet filed by the CBI in the case on July 19.
The national capital woke up on Tuesday morning to 'severe' air quality under a blanket of thick haze, as pollution levels breached the permissible standards by multiple times.
'What if Kim is alive as the latest reappearance suggests, but unable to rule?' 'Will his sister be installed as the leader to continue with the Kims's hereditary dynasty that began with the present ruler's grandfather?' asks Dr Rajaram Panda.
'There is tension between the zones all the time.'
The government also ruled out having a re-look at the present reservation system.
'No one institution can cleanse it: Not the courts, government or activists.' 'And least of all the Indian Police Service,' argues Shekhar Gupta.
In a system as centralised as the one introduced by the new government are there enough safeguards or safety valves, asks A K Bhattacharya.
New Delhi bureaucrats, accustomed to leisurely lunches, golf in the afternoon and long weekends, have been shaken out of their somnolence, say authors. Fear and suspicion hang heavy over the red-sands.
At the retreat, PSBs had suggested the government cut its stake in these entities to less than 51 per cent over a period of time and empower the boards of individual banks.
The court had earlier barred publication of photos of leaders in government advertisements except those of the President, PM and the CJI.
The second-longest serving chairman introduced quite a few measures for the primary market and implemented a new corporate governance framework.
Brigadier Gurmeet Kanwal (retd) lists why India must not do away with AFSPA, but ensure enough transparency to avoid confrontation with human rights.
The GST Council's agenda includes trimming the number of items in the 28 per cent slab by 75 per cent, easier compliance for assessees and small taxpayers, and a presentation on bringing real estate under GST.
It is up to the government to take a decision on this before it starts auctioning.
Many bankers say the move will have a serious impact on the chain of command of nationalised banks and that it would only enable the government to dish out favours to a few of their own men.
Promising Central Bureau of Investigation probe into mining, chit fund and other scams in Odisha, Congress on Friday said it would review all MoUs signed by BJD government in the state in last 10 years, provide pucca houses to landless and allowance to unemployed youths if voted to power.
The finance ministry has put out a revised draft in public domain.
'Speaking this year from the ramparts of the Red Fort, he excelled himself in content, diction and delivery -- all extemporaneously flowing, replete with felicitous expressions and captivating word play. 'The only other Indian prime minister with whom he stands comparison is Jawaharlal Nehru who too shunned prepared speeches and established instant rapport with his audiences,' says B S Raghavan.
India does not have a unified regulatory regime to counter Ponzi, or pyramid, schemes whose operators typically grab new deposits to meet their promise of guaranteed returns to existing savers, point out Manoj Kumar and Mayank Bhardwaj.
The centre's promise of a new deal for the states is a welcome development.
Why did the Chinese military take over the lab in Wuhan in end January? Did something go wrong? Claude Arpi glances at the mystery surrounding the origin of the coronavirus.
The Opposition said that the government was 'bull-dozing'.
There are unprecedented political implications of identification based on 'biological attributes of an individual', such as employed by Aadhaar, warns Gopal Krishna.
Employers' refusal to recognise TUs has caused industrial tiffs.
Bankers seem to be pleased with the government for keeping its promise of not interfering in operational matters, but are apprehensive about the intense scrutiny of their functioning.
The finance ministry is not only keen to split the roles of CMD, but also wants to appoint them for a fixed tenure of five years.
Ahead of the assembly elections next year, the BJP has been wallowing in a welter of ideas that has resurrected the debate on populism versus pragmatism, as it has to pander to two important but incompatible constituencies, of the freebie consuming masses and Bengaluru's heavy hitters craving for even roads, pristine lakes and unbroken power supply, reports Radhika Ramaseshan.