The Union government could target a fiscal deficit of 5.8-6 per cent of nominal GDP for 2023-24, and it should continue its capital expenditure push and look to simplify the personal income tax regime, economists recommended Finance Minister Nirmala Sitharaman and her team during their pre-Budget interaction on Monday. Starting last week, Sitharaman had eight pre-Budget consultations this time. More than 110 invitees representing seven stakeholder groups participated in these meetings, the finance ministry said in a statement. The stakeholder groups included representatives and experts from agriculture and agro-processing industry; industry, infrastructure & climate change; financial sector and capital markets; services and trade; social sector; trade unions and labour organisations; and economists.
In his address to the high-level UN General Assembly session, Jaishankar said those who politicise the UNSC 1267 Sanctions regime, sometimes even to the extent of defending proclaimed terrorists, do so at their own peril.
The credit guarantee cover under the scheme would be both transaction-based (for single eligible borrowers) and umbrella-based (for a group of eligible borrowers).
SC hands back AIFF's day-to-day management to federation's administration
The United States Soccer Federation temporarily displayed Iran's national flag on social media without the emblem of the Islamic Republic as a show of solidarity with protesters in Iran ahead of the two teams' World Cup clash on Tuesday.
The armed forces said on Tuesday that "credible" information on the Agnipath scheme recently has dispelled misinformation about the initiative and asserted that youngsters preparing to become soldiers have returned to physical activities at several places.
'A concerted attempt is afoot to try and create a new image of an intelligent man who knows what he is talking about and is far from the person that his critics in the media and Opposition have often portrayed him to be,' says Virendra Kapoor.
Kamila Valieva failed a drug test for a banned substance before the Games.
The 22-year-old leg-spinner said on social media that he was not consulted by the ACB, who earlier named an 18-member squad and two reserve players for the tournament in the United Arab Emirates and Oman.
A bench of Justices D Y Chandrachud, Surya Kant, and P S Narasimha said that it is posting for October first week hearing on the appeal of Gyanvapi mosque committee's plea against the Allahabad high court order upholding the appointment of court commissioner to survey the site.
There was a huge uproar in the Commonwealth Games gold medal match after Australia cricketer Tahlia McGrath was allowed to play the T20 final against India on Sunday despite testing positive for COVID-19.
NATO Secretary General Jens Stoltenberg on Tuesday extended condolences to Polish President Andrzej Duda after the explosion in the east of the country, adding that the alliance is 'monitoring the situation'.
There is, between Rao's tenure as PM and the current Modi regime, a powerful resonance of how transition can be managed. Rao's tenure saw many scams -- one where he was supposedly approached by Harshad Mehta with a bribe for making the securities scam go away. The Opposition insisted on a JPC. Despite knowing a JPC report would undermine him politically, Rao agreed to one, saying he had 'nothing to hide'.
The idea of three capitals has not been abandoned, even as the state lurches from financial crisis to crisis.
Tharoor, among the group of 23 leaders who had written to party chief Sonia Gandhi in 2020 seeking large-scale reforms, said 'reformists' at the end of the day wanted a more consultative process where a wide variety of voices would be heard and taken into account before decisions were made.
Former NSE managing director (MD) and chief executive officer (CEO) Chitra Ramkrishna and group operating officer and her advisor Anand Subramanian ran a 'money-making scheme' during their stint at the National Stock Exchange (NSE), markets regulator Securities and Exchange Board of India (Sebi) has alleged. The order passed by Sebi dated February 11 highlights frequent increase in the compensation package of without proper appraisal, documentation or file notings, and the involvement of the human resource (HR) head or the nomination and remuneration committee. Furthermore, the order talks about Subramanian being directed to "withdraw and surrender" to the unknown person a gross amount per month as "gratitude".
Masoodi said all the participants are against giving voting rights to non-locals as "it will be tantamount to the disenfranchisement of the local voters."
The Delhi University Academic Council on Tuesday dropped a celebrated short story by the renowned Bengali writer Mahasweta Devi from the BA (Hons) English course.
Over four dozen representatives from various mass organisations were called for the two-day process in Kanpur, reports Siddharth Kalhans
While former Committee of Administrators head Vinod Rai's recently published book gives an insight into the Anil Kumble-Virat Kohli drama and Ravi Shastri's eventual appointment as Head Coach, the book also contains a sprinkling of factual errors.
Chief Justice of India Uday Umesh Lalit Thursday said media reports claiming that a Supreme Court bench has criticised the new system of listing of cases are 'not correct' and all judges of the apex court are on the same page.
Justice Rastogi asks Mehta if he thinks that in the absence of law, whatever appointments are being made in a process are appropriate.
The government and farmer unions have held 11 rounds of talks so far, the last being on January 22, to break the deadlock and end the farmers' protest. Talks have not resumed following widespread violence during a tractor rally by protesting farmers on January 26.
Banks do extensive investigation before declaring an account fraud; they owe it to us as they deal with our money. Why would they try to fix an innocent borrower? asks Tamal Bandyopadhyay.
Uttarakhand minister Satpal Maharaj said an inquiry will be conducted to find out how multi-storey buildings were allowed to be constructed in Joshimath which has been sinking for at least 20 years.
'Modi had not discussed demonetization with me prior to his announcement on 8 November 2016. 'I learnt of it along with the rest of the country. 'I was not surprised when he did not discuss the issue with me prior to making the public announcement. 'It fitted in with his style of making dramatic announcements.' A fascinating excerpt from Pranab Mukherjee's The Presidential Years: 2012-2017.
'All of us tend to believe that they are so well paid, why should we bother about their payments.' 'But who all are well paid? Only a handful, maybe 3-4 of them, who go in for endorsements and things.' 'The others are struggling, playing Ranji Trophy and other matches, so that compensation we made it market-oriented.'
There have been speculations since some time about a rift between the TMC and Prashant Kishor's I-PAC.
The Biden administration has reaffirmed its commitment to support India's permanent membership in a reformed UN Security Council and New Delhi's entry to the Nuclear Suppliers' Group.
The third phase of the construction of the Ram temple began at Ramjanmabhoomi in Ayodhya on January 24 with the laying of the granite stones for the plinth.
'We repent our decision today as we feel we betrayed our (Congress) party, while the DAP betrayed us'
Shettar alleged that he had been humiliated by the BJP by denying him a ticket and that party is today in the control of "very few people."
Meghalaya Chief Minister Conrad K Sangma said on Wednesday that he along with Assam CM Himanta Biswa Sarma will meet Union home minister Amit Shah to submit the recommendation of the two Northeastern states for resolving the boundary dispute in six areas.
As many as 34 new drugs were added to and 26 dropped from an updated list of essential medicines on Tuesday, with the government saying this will reduce "patients' out-of-pocket expenditure". The National List of Essential Medicines (NLEM 2022) has 384 drugs, up from 376 in 2015. "Drafting this list is a lengthy process, and around 350 experts from across India have held over 140 consultation meetings to draft the NLEM 2022," Union Health Minister Mansukh Mandaviya said.
CoA files contempt petition against Praful Patel, pleads to bar him from football-related activities.
Believe it or not, the regulator is even stretching its arm to identify stressed borrowers and gauge the 'distance to default' as a measure of a particular bank's fragility, reveals Tamal Bandyopadhyay.
The difference between what the banks play in the US and India is not that of soccer and football but rugby and football. SVB also has a unique character. But when risks are mispriced, the fallout could be very similar, points out Tamal Bandyopadhyay.
In Chanda's defence, one can always say, why would the Videocon Group take care of her husband as a quid pro quo to get a loan? After all, the group has taken money from the entire banking industry and ICICI Bank's share in the pie is not even 10 per cent. So, if it had a quid pro quo with Chanda to get the money, it must have had similar arrangements with other banks, too. If this is not the case, one must accept that it had got money from all banks, including ICICI, without any under-the-table conditions, points out Tamal Bandyopadhyay.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances