FIXES BY THE GOVERNMENT: Energy price fixed, tax issues linger.
Having made farmer suicides a campaign issue, Modi and the BJP should have no complaints in now having to live with it, says Aakar Patel.
PM Modi on Friday pitched for a BJP govt in UP to promote politics of development but skipped any mention of the raging controversy surrounding Dalits.
Indian farmers practise an agro-silvo-pastoral system and that livestock is a crucial part of their economy. Taking away the meat would demonetise their assets. It would kill their income, says Sunita Narain.
From FY18, Ind-AS will be mandatory for all listed entities, barring those listed on the SME platform.
'The current crisis is one of incomes, driven by poor job growth, agrarian distress and poor investment sentiment,' notes Harsh Pati Singhania, director, JK Organisation.
After Finance Minister Arun Jaitley presented his fifth straight budget in the Lok Sabha, Bharatiya Janata Party members and ministers from the Cabinet reacted positively to the Budget. Here are some of the reactions.
The time is ripe for a merger of eight fund houses indirectly owned and controlled by the central government, says N Sundaresha Subramanian.
'We can't have the best of both worlds -- large, efficient, world class government-owned banks, doing social banking and making profits. 'Why not set them free from the shackles of such obligations and run them as business units?' says Tamal Bandyopadhyay.
Modi also announced Rs 2 lakh aid to the kin of those who died in the deluge.
Budget 2018 bears imprints of a government unsure of second term with clear majority, says Shekhar Gupta.
In the first part of an exclusive interview with Sheela Bhatt/Rediff.com on the eve of the first year of the Narendra Modi-led NDA government, BJP President Amit Shah talks about the government's achievements and the controversy over the land ordinance.
Legal hitches appear to have cropped up in the plans to set up two new reactors in the Kudankulam Nuclear Power Project and a commercial agreement on it is unlikely to be signed at the Annual Summit between Prime Minister Manmohan Singh and Russian President Vladimir Putin in Moscow on Monday.
An ex gratia of Rs 2 lakh will be given per person to the next of kin of those killed in the floods.
'As the growth momentum reverses benefiting from re-monetisation, it will be accompanied by a rise in inflation.'
'When I met the prime minister on November 15 there was no RBI report with the prime minister as to why this was done.' 'When I asked the PMO officer about this, he said the RBI did not bring this to the PM and did it independently.' 'When I asked how could the RBI ban DCCBs from accepting deposits from farmers in old notes when the government gazette released on November 9 allowed them to do so, this officer told me that not even senior PMO officials had any idea about this RBI ban.'
'We need to put aside our anxieties about the Budget for now and possibly for long, and carry on as best as we can,' advises Shreekant Sambrani.
Banning meat is cruel demonetisation. It is stealing from the poor, nothing less, writes Sunita Narain.
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As on Monday, the prices of many vegetables had fallen as much as 50% compared with those a month before, due to increased supply, following the arrival of winter crops in the markets.
The manifesto, on the lines of the party's promise in Delhi in 2015, also says the AAP government will set up Aam Aadmi canteens at sub-division and district levels where one time meal will be available for Rs 5, and reduce the power tariff to half for usages up to 400 unit.
'One of the biggest issues the Indian economy faces right now is of job creation...' 'The nexus between growth and employment has to be closed...' 'In the absence of a manufacturing expansion, the alternative is to have the service sector as the driver of both GDP as well as employment growth.'
Successor Anandiben Patel isn't having an easy time, with a protest movement by her own community and new challenges in keeping the mandate
The Financial Stability and Development Council meeting on Tuesday started with an air of tension in the room. An official present described the participants' body language as "tetchy". However, once presentations and discussions begun, the mood considerably eased.
Lower inflation, FCNR(B) outflows likely to influence central bank decision
The central government's deposits with the RBI had fallen to just Rs 100 crore as of June 8.
The finance minister also termed Kanhaiya Kumar's speech, delivered following his release on bail, a "victory for us", saying he had gone to jail for raising anti-India slogans but came back to speak amid slogans of 'Jai Hind' and hoisting of the tricolour.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
Livelihoods and lives are being destroyed in the name of building a 'better' India, writes Congress leader Sachin Pilot, in an exclusive column for Rediff.com.
The results for the bypolls in Uttar Pradesh, Madhya Pradesh, Karnataka, Bihar, Telangana, Maharashtra, Punjab and Tripura were announced on Tuesday.
In spite of Budget's rural focus, the government has consistently stumbled in agriculture, says Shreekant Sambrani.
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In 2008-09, the economy grew at 6.7 per cent despite poor farm sector growth of 0.4 per cent.
In a first, Prime Minister Narendra Modi on Wednesday met the secretaries of all the government departments collectively and asked them to directly get in touch with him to resolve issues and expedite decision-making.
The RBI is expected to cut rates in next policy.
Mind/life coach, NLP trainer and Mental Health Guru Anu Krishna encourages you to talk about your problems and offers solutions.
Despite his ministers on shaky ground, Chouhan -- at the helm for three consecutive terms -- is holding the fort. He is being aided by a capable team for public relations and the RSS, which has deployed its workers to bolster the BJP's campaign, reports Sandeep Kumar.
Governor Rajan can be more unambiguously pro-growth.
'When you come through the hassles and struggles of business life, your mind is wired differently.' 'You are more connected to reality,' Akali Dal MP Naresh Gujral tells Rahul Jacob and Archis Mohan
Economy to grow by 7.2-7.5 per cent in second half of current fiscal, says FM.
'Rahul Gandhi accuses the Modi government of being in thrall to corporate fat cats at the expense of farmers and other common folk. But the facts do not bear out this argument, as Indian farmers are relatively better off compared to the really wretched of the earth, the unfortunate landless, often itinerant, labourer. And since Rahul's ancestors are the ones who failed them, it is a little disingenuous of him to ignore them in his rhetorical flourishes,' says Rajeev Srinivasan.
The 30-share Sensex ended down 556 points at 27,886 and the 50-share Nifty ended down 158 points at 8,444.
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