Investor confidence has evaporated amid fears over the rising cost of funding India's gaping current account deficit, prompting New Delhi to delay plans to raise much-needed funds through partial privatisations, finance ministry sources said.
The much-delayed insurance bill and the goods and services tax bill are among the 39 bills that are expected to come up during the month-long Winter Session of Parliament beginning next week.
In a speech, Jaitley said that while he expected to hit targeted levels for direct taxes, reaching the goal for indirect taxes would be a "challenge".
The power ministry is planning to start a second version of UDAY, aimed only at reducing the losses of discoms and improving the quality of power supply.
Subramanian said a five per cent growth rate is "remotely not enough" for India to grow and provide the jobs for the expanding labour force.
On Monday, a journalist sat through a closed-door meeting between Goyal and state power ministers, in the guise of an event manager.
CBI has also named unknown officials of the union environment ministry in the PE.
Parliamentary standing committee on labour, led by Biju Janata Dal MP Bhartruhari Mahtab, has said in its report that it is unjustifiable for owners to pay workers' wages during natural calamities.
Reliance Industries has sought environment ministry approval for a $13 billion upgrade to its Jamnagar complex, including a 400,000 barrels per day (bpd) refinery.
PlanCom makes presentation with secretaries of key ministries in tow.
When the Centre tries to encroach upon the subjects that are under the prerogative of the state, or where the centre tries to evade from any responsibility guaranteed to a state through a constitutional provision/obligation, it poses a threat to federalism.
About 53 million homes in the country are yet to get electricity and many industries depend on diesel generation sets to meet their requirements.
Sector-wise, banking, IT, pharma and realty indices drove the market momentum.
The 80-odd projects completed till now are already valued at Rs 14,000 crore.
The minister without portfolio is recovering well after his kidney transplant and has started walking in his hospital room.
Union Home Secretary Anil Goswami is to preside over a meeting in the North Block on Thursday with seven secretaries to discuss about the formation of Telangana.
Power projects which have made good progress in land acquisition are likely to be accorded top priority for gas allocation.
Growing foreign travel is one sign of the radical change in rising India's vacation dynamic.
Talking about the Tablighi Jamaat congregation, Agarwal said, "If the Tablighi Jamaat incident had not taken place and we compare the rate of doubling -- that is in how many days the cases have doubled, we will see that currently it is 4.1 days (including Jamaat cases) and if the incident had not taken place and additional cases had not come then the doubling rate would have been 7.4 days."
Contrary to the popular belief that the IAS cadres manage the country - they are actually required to manage politicians, most of whom do not pass any sort of muster, says T C A Srinivasa-Raghavan.
The eight core industries -- fertilisers, cement, steel, electricity, crude oil, coal, petroleum refinery products and natural gas -- have a combined weight of about 38 per cent in the Index of Industrial Production.
Freight earnings accounted for 65 per cent of IR's total earnings of Rs 144,167 crore (Rs 1,441.67 billion) in 2013-14.
The record contraction in the growth rate of eight core sectors will have its impact on IIP.
Sluggish infrastructure sector growth would also have impact on IIP as these segments account for about 41 per cent of the total factory output.
Piyush Goyal is leading a delegation to deliberate with Australia.
Ministries such as road transport and heavy industries are learnt to have objected to NITI Aayog's attempts to become an implementing body for the EV programme.
Even as the government prepared the ground for a fruitful session by reaching out to main opposition BJP on the Land Acquisition Bill, new disclosures in the media might play a spoiler for it.
The Supreme Court judgement will hopefully ensure that those in power and authority will hesitate before allotting precious natural resources that belong to each and every citizen of the country in an arbitrary and corrupt manner, says Paranjoy Guha Thakurta.
E-auction or e-tendering moves the process of bidding for government contracts completely online, removing most manual procedures and, therefore, creating an accountability trail.
Jaitley, 66, has become 'very weak' as his health has deteriorated over the past few weeks, sources said, adding that he has developed some throat condition as well that prevents him from speaking for long.
Adopting villages for electrification and introducing corporate-style induction programmes in ministries were some of the ideas thrown up when Power and Coal Minister Piyush Goyal got celebrity author Chetan Bhagat to speak to his staff.
The crackdown in the corporate espionage case led to the arrest of another person on Monday.
Bureaucrats heading disinvestment and financial services usually don't get appointed as finance secretary.
The Finance Ministry is considering a proposal to rope in professionals from the private sector for appointment of chairman and CEO-cum-managing director in state-owned financial institutions as it looks for talent from a wider pool of applicants.
Montek Singh Ahluwalia, Deputy Chairman of the Planning Commission made a presentation in which he pointed out the detailed process through which these targets were finalised and the high level of ambition they represent.
This is Jaitley's first overseas visit since his kidney ailment was confirmed in April last year.
'There is merit in appointing people with ability and energy, then leaving them to do the job.' 'The Modi government would have had a better record if it had stuck to this formula from the beginning,' argues T N Ninan.
Terming investment in infrastructure "quintessential" to boost growth, the Economic Survey on Friday said post unlocking of the economy, infra sectors are poised for growth and construction of roads is expected to return to the high pace attained before COVID-19. The infrastructure sector will be the key to overall economic growth and macroeconomic stability, the Survey said emphasising that the year after the crisis (2021-22) will require sustained and calibrated measures to facilitate the process of economic recovery and enable the economy to get back on its long-term growth trajectory. "Basic infrastructure facilities in the country provide the foundation of growth. In the absence of adequate infrastructure, the economy operates at a suboptimal level and remains distant from its potential and frontier growth trajectory.
Delhi recorded an air quality index of 315 at 11:10 am. The last time the air quality hit such a poor level was in February.
