If receipts from disinvestment, tax buoyancy and black money scheme offset shortfall in spectrum sale, higher expenditure due to pay commission's recommendations and capital expenditure, then the government would be able to meet the target of controlling fiscal deficit at 3.5 per cent of GDP this financial year.
The approval was announced by Environment Minister Greg Hunt, who said "after undertaking a thorough assessment and consideration under national environment law, I have approved the Carmichael Coal Mine and Rail Infrastructure project, subject to 36 strict conditions".
'While the GST is structured to be an all-encompassing tax and to create a vastly expanded digital network of recorded transactions, no one knows how traders long used to avoiding taxes will apply their ingenuity,' says T N Ninan.
Indian cricket, it seems, pays overwhelming obeisance to a vapid, old adage: The more it changes, the more it remains the same.
A European-led boycott of FIFA or the World Cup is unrealistic.
Recent IMF forecast said China's growth is expected to slow down.
The NITI Aayog's views are in contrast to the National Health Policy.
'If Chandrayaan 1 had a launch with GSLV, we need not have an orbiter for Chandrayaan 2.' 'We could have gone straight round the moon and landed on the moon.'
From FY18, Ind-AS will be mandatory for all listed entities, barring those listed on the SME platform.
The fund allocated for pulses buffer is more than 40% of entire farm ministry's 2016-17 budget.
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.
Finance minister Arun Jaitley has delivered a Arun Jaitley delivered a bold, far sighted budget
To begin, the Budget has no doubt attempted to address uncertainty.
Confronting a slowdown in growth, China says it will only increase its defence budget by 7.6% this year, against the anticipated rise of between 20% and 30%. 'It is difficult to explain the reduction in the Chinese defence budget,' says Claude Arpi. 'Is there a hidden budget? Possibly!'
Rediff.com reproduces this 2014 interview with Tim Kaine where in he discusses the new opportunities to foster Indo-US trade and the improvement in ties.
Shreekant Sambrani is confident that today's adversity will make the country emerge even stronger
Some of the readings from athletes' blood tests leaked by a whistleblower for a report exposing suspected doping were so extreme they were 'downright dangerous', one of the experts cited in the report.
'Islamic State has declared that the liberation of Islamic Xinjiang from China is an objective. Beijing may well find that Pakistan is unable to assist in any meaningful way,' says China expert Jayadeva Ranade.
The chaos on its stock markets, a fierce battle between the old and new guard in the Communist Party and the restive border provinces of Tibet and Xinjiang forebode tough times ahead for China, says Claude Arpi.
'We should hope and pray that the PM's sentiment is not held ransom by machinations and craftiness of a few junior babus who throw in an imaginary impediment at every welfare measure and snigger and giggle at the sidelines every time a soldier is ill at ease,' says Major Navdeep Singh on the one rank one pension debate.
'There is a Jack Warner or two in every Caribbean parliament today.'
One person was killed and eight others injured when a series of home-made bombs packed with ball bearings exploded in front of a provincial office of the ruling Chinese Communist Party, two days ahead of the party's key meeting to finalise political and economic reforms.
'If, as appears to be the case, India is on way to 'mending fences' with China, and China is equally desirous to 'reset' the relationship, this could be a self-reflexive moment in India's positioning vis-a-vis not just the Dalai Lama, but also the Tibetan issue and China as a whole,' points out China expert Alka Acharya.
Indian economy about to take-off
Finance Minister Arun Jaitley has said that the states were free to announce farm loan waivers if they had the fiscal space and that there would be no shortfall this year in divestment and non-tax revenues.
GIFT is a financial centre almost entirely devoid of bankers and, indeed, of people.
Transport Minister Nitin Gadkari puts them out of the ambit of Motor Vehicles Act; experts say some regulation, licensing and driver training will be necessary
'The rate of interest from the EPF is still attractive compared to the rates on fixed deposits, National Savings Scheme, Public Provident Fund...'
In putting the country's economy back on the rails, it is best that Narendra Modi and Arun Jaitley draw on grass-roots feedback and their own practical sense and native wisdom without allowing themselves to be sucked into the quicksand of economic punditry, says B S Raghavan.
'We have to find a way out of this confrontational politics.'
More lucrative routinely prescribed drugs are at higher risk of failing quality standards
'A veiled secret of India's defence and strategic culture is the lack of a serious interest in them by the political class. The Indian National Defence University would fill this void,' feels Lieutenant General Anil Chait (retd).
Manish Sabharwal is chairman of TeamLease, which has helped hire 1.4 million sales and customer service reps and logistics employees such as couriers for companies across India since it was founded in 2002.
From the Aadhaar verdict to #MeToo's arrival in the country to the entry into the Sabarimala temple -- India had a newsworthy 2018. As we step into 2019, these are the top moments from the year gone by.
A Texas company will submit a report by June on whether a company controlled by RIL 'stole' natural gas from the wells where ONGC is contracted to operate in the KG basin, as alleged by ONGC.
'Both reflect prejudice and short-sightedness peculiar to Mr Modi's way of thinking.'
Sensex in green in afternoon trade.
Enormous debt isn't the only thing afflicting Air India. Its work culture is an equal culprit in its downfall.
'Intrusions by PLA troops in the Ladakh sector are more in number than elsewhere and this region is now likely to remain an area of enhanced Chinese interest,' warns China expert Jayadeva Ranade.
