The bank guarantee, which will be equivalent to the incremental revenue that RIL will get from the new gas price, will be encashed if it is proved that the company hoarded gas or deliberately suppressed production at the main D1&D3 fields in the eastern offshore KG-D6 block since 2010-11.
Here's everything you need to know about the Goods and Services Tax Bill.
The finance ministry has put out a revised draft in public domain.
Delivering the key mote address at the Citi's Investor Summit, Jaitley hoped that as a professional organisation the Reserve Bank will take 'the best decision'.
'Given the current fear that the government is going to appoint judges who were in line with its ideology, there should be full disclosure in Parliament about the details of every judge appointee,' Indira Jaising -- the first woman to be appointed additional solicitor general of India -- tells Geetanjali Krishna.
Years of wait before DTC, GST are rolled out
Dr Manmohan Singh's role in the sordid saga of the Coal Allocation Scam was always Delhi's worst-kept secret; calls for his interrogation will mushroom after he was named by P C Parakh, says T V R Shenoy.
A barrier-free market -- coupled with removal of controls, licensing system, intermediaries and state-imposed levies on farm commodities -- will benefit both sellers and buyers.
There are also views within a section of the party that a turnaround in Uttar Pradesh is possible only if either of the Gandhis -- Priyanka or Rahul -- takes the lead in the state polls.
'The government's proposal to store citizens' data including Aadhaar data under its Digital India initiative on cloud is violative of the citizens' human rights because the cloud is admittedly beyond India's jurisdiction.'
Every demand of the armed forces remains essentially anchored to 1964 and its fulfilment or otherwise largely a function of money availability
In its efforts to make listed firms more responsible towards investors, Sebi may announce new insider trading norms as early as next week.
'This government wants to keep control of everything in its hands.' 'If they have their stooges sitting on the National Medical Commission, they will do only the government's bidding.' 'Imagine a scary situation where people who have no knowledge about medicine sit on a commission that will take decisions on matters related to medical education, doctors and medical ethics.'
It's time we remembered the fundamental: water cycle and life cycle are one.
Both Messrs Imran Khan and Tahirul Qadri claim to march independently, but most of Pakistan believes they are marching to the Army's tune
By refusing permission for the proposed ship-breaking facility, India can send a categorical message to the foreign ship owning countries that they should keep their own waste and recycle
The government plans to rationalise trade margins for many other medical devices, besides stents and knee implants.
Employers' refusal to recognise TUs has caused industrial tiffs.
The IMG meeting will be convened shortly.
Nine young men killed in police firing last August have become symbols of oppression of the tribals of Manipur.
'I would personally like to see Rahul Gandhi continue as party president.' 'I genuinely believe he has far more to offer to the party still, particularly in leading us in these challenging times that we find ourselves in.'
For banks to cut loan rates, the cost of deposits needs to come down, and there is no sign of that happening.
'In being dismissive of Naveen, his colleagues showed incredible naivety.' 'On the few occasions that he put his foot down, the overconfident party leaders, who believed they were using him and not the other way around, failed to read the signs of what was to come.'
Ministers in the Narendra Modi government have been busy making presentations on their 100 days of work. But what these presentations do not mention is that decisions by ministers have been few, with plenty of papers and files moving to the Prime Minister's Office, which is increasingly emerging as a centralised clearance point, even for routine and ordinary issues. Though policy paralysis was a term used freely for the United Progressive Alliance regime, questions are now being raised about pending decisions across ministries and whether at least some ministers have turned redundant.
While the government's new Central Monitoring System looks extremely impressive on the technological front and could be a vital tool to fight terrorism, there are several questions regarding the privacy aspect that are being raised. Vicky Nanjappa reports
Taking a cue from the prevailing public mood against the political class, the Congress leadership -- Sonia Gandhi and Rahul Gandhi -- are said to have clinched the argument in favour of deferring the amendment to the Right to Information Act which seeks to keep political parties out of the ambit of the transparency law.
'Why is the RSS trying to destroy the indigenous culture of Assam and its language?' 'If these migrants settle in Assam, they will overwhelm the 47 per cent of people who speak Assamese.'
To prevent exploitation of women, especially those in rural and tribal areas, the government has prohibited foreigners from commissioning surrogacy in the country and has drafted this comprehensive legislation.
B S Prakash takes a tongue-in-cheek look at what India's neighbours think about the proposal of a SAARC satellite.
Contentious issues such as the construction of a Ram Temple in Ayodhya, abrogation of Art 370 giving special status to Jammu and Kashmir and enactment of Uniform Civil Code have been included in the Bharatiya Janata Party's election manifesto with the party making promises on them.
In a television interview, Union minister Jairam Ramesh claimed that a state of UP's size was ungovernable
'Only on two occasions has the RSS thrown itself completely on the side of the BJP.' 'In 1977 in the wake of the Emergency. And in 2014 with Modi.' 'Now, I've been told that this is not going to happen in 2019.'
This Budget plans for an increase to 10.3% of GDP from 9.9%.
By revising the India-Bangladesh land boundary agreement, the NDA is going for short-term gains and losing the long-term perspective, says Gautam Sen.
'In his 2014 election campaign, Mr Modi had boasted that he would apply the Gujarat model to the rest of India. We just have to ensure he doesn't start with Parliament,' says Shashi Tharoor in this fascinating excerpt from his new book, The Paradoxical Prime Minister: Narendra Modi And His India.
Modi today needs BJP CMs and non-party regional leaders to win votes and build alliances, but he will over-rule them and treat them like dirt once they have served their electoral purpose. Make no mistake: Modi is incurably authoritarian and will brook no dissent -- so long as the RSS is on board, says Praful Bidwai.
Prime Minister Narendra Modi has done the seemingly impossible by finalising the long-pending Land Boundary Agreement ahead of his Bangladesh visit, writes Prakash Bhandari.
The Congress and the Bharatiya Janata Party-led National Democratic Alliance were ranged against each other both inside and outside the Parliament on the opening day of the budget session on Monday.
India pacer Shantakumaran Sreesanth and his Rajasthan Royals team mate Ankeet Chavan and Ajit Chandila were on Sunday cleared of charges by a Delhi court in the spot-fixing and betting scandal in the sixth edition of the Indian Premier League in 2013. A flashback of the events that unfolded in the episode.
'This is not a small change, it's a BIG change. People wanted to hear the voice of their PM. They can do so now. This is a big parivartan.'
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