Finance Minister Nirmala Sitharaman on Friday hiked tax on petrol and diesel, raised import duty on gold, levied additional surcharge on super rich and brought a tax on high value cash withdrawals as she sought to spur growth with reduction in corporate tax and sops to housing sector, startups and electric vehicles.
Jhunjhunwala passed away early on Sunday morning due to a cardiac arrest, a source in his newly set up airline said.
As a percentage of the military budget, the navy's share has fallen from 19 per cent in 2010-2011 to just 15.5 per cent this year. With the Indian Navy's annual budget declining steadily, security planners are reluctant to green light crucial projects, discovers Ajai Shukla.
It should be noted that the CPC allocation is provisional.
Prime Minister Narendra Modi on Saturday exhorted farmers to adopt natural farming saying it will help not only save water but also produce better crops, and invited them to join a mega programme on it on December 16 as it would prove beneficial for them.
'2020 will show whether India's troubled domestic economic and political house reveals a mismatch in their strategic association or whether closer strategic ties are yet possible,' says Anita Inder Singh.
'Let's get a woman to be the antagonist, who really throws me around and hammers the s**t out of me. That would be fun.'
Will it be home or defence for Amit Shah?
There were speculations that the venue for the mega event may be shifted.
Time and cost overruns are endemic to most Indian warship building projects. A central reason is the Indian Navy's operational assessment that it is better to get a warship late and ov
The report authored by Ashley Tellis, the top American expert on India and South Asia, states that the IAF's fighter force is weaker than numbers suggest.
The government on Friday sought Parliament's nod for an additional Rs 54,000-crore spending mainly to meet its obligation towards GST compensation to states and defence-related expenditure. Minister of State for Finance Anurag Thakur presented the second and final batch of supplementary demands for grants in the Lok Sabha.
Defence minister claims MoD 'alive and kicking' after 'getting the weeds out'.
He praised the PLA's combat readiness.
India's cumbersome arms procurement procedures and a plodding Ministry of Defence bureaucracy have long been blamed for shortfalls in combat capability. Now there is another, more worrying, reason - a growing crisis of funds, magnified by the lack of tri-service coordination.
There is no direct impact of the Russia-Ukraine crisis on India in terms of bilateral trade but a surge in oil prices poses considerable risk to the economy, an analyst report said on Friday. International oil prices which have surged past $100 per barrel "pose risks to external stability and currency movement," a Bank of Baroda Economics Research report said. Russia has launched military operations against Ukraine, stoking fears of significant disruption in the region, including loss of life. The West is ramping up financial sanctions against Russia and support for Ukraine.
Almost all infrastructure ministries continued spending on capex throughout the lockdown, even as the Centre tried to maintain some semblance of economic normalcy.
'Aggressively stepping up vaccinations will constitute the most enduring stimulus of all in the coming quarters,' observes Sajjid Z Chinoy, Chief India Economist at J P Morgan.
The song, called 'Battle Declaration' focusing on winning wars, was posted on the People's Liberation Army daily's website last Thursday. It is the first PLA-made hip-hop video, the state media reported on Tuesday.
As a mark of respect for the Central Reserve Police Force (CRPF) personnel who lost their lives in the Pulwama terrorist attack, the Indian team sported special Army caps during the third ODI against Australia in Ranchi on Friday.
Shah said that the people of the country will decide about the principal opposition party to BJP in the 2024 polls and they have not given this label to any party.
Sunak joins fellow Indian-origin candidate Suella Braverman, the UK Attorney General who is among the early Tory MPs to announce her plan to contest.
The health and family welfare ministry spent 70 per cent of its allocation till October. The ministry may need additional funds for the vaccination drive which is expected to be kicked off from January.
Dr Bhabha and Dr Sarabhai didn't feel guilty for their ambitions; it was for those 'mad scientists' that India is a powerhouse -- both at the atomic level and in the vastness of space, observes Kumar Abishek.
In the lead up to this week Indo-US Strategic Dialogue, for which United States Secretary of State, John Kerry, will be coming to Delhi, the Indo-US defence engagement is even more intense than usual.
Jaitley said the government has been able to improve its budgeted expenditure.
Not all change is good, but this one is, applauds Shekhar Gupta.
Since jobs will remain scarce for the foreseeable future, an unemployment allowance should be the next big social-security initiative, suggests T N Ninan.
'In a serious fiscal situation like this, an ostrich-like focus on annual budgeting, event management and defensive rhetoric will only make matters worse,' warns Rathin Roy.
The main sectors that receive the maximum foreign inflows include services, computer software and hardware, telecommunications, trading, construction, automobile, and power.
US President Barack Obama has appointed a woman for the second topmost post in the Department of Defence.
New Delhi has a chance to rid itself of its image as the bully in the subcontinent by helping a neighbour tackle problems that India, for once, has no role in creating. It should grab the opportunity with both hands, suggests Aditi Phadnis.
In 28 months, Manohar Parrikar as defence minister developed easy relationships with the top brass of the three Services as was rarely ever witnessed before. He threw caution to the winds and managed to pull the forces out of a downward spiral in operational capabilities.
'More than 1,000 schools and colleges have been identified in border and coastal districts where NCC will be introduced.'
'China would want to take a tougher stance against India forming those strategic partnerships and prevent Quad from becoming a military alliance.'
'The standing committee on defence was flagging what the services had said.' 'As a soldier, General Khanduri might have felt that it was his duty to point this out in the greater good of India,' points out Aditi Phadnis.
Parliamentary Affairs Minister Pralhad Joshi on Friday met Congress parliamentary party chief Sonia Gandhi, seeking her party's cooperation for smooth functioning of the Parliament session beginning June 17.
'The hardliners in Delhi are in for a big disappointment,' predicts Ambassador M K Bhadrakumar.
To resist external pressure, it could use India's inherent assets and try and make democracy stronger by giving more space to human rights and minority rights, advises Aakar Patel.
'Though the prime minister has talked somewhat needlessly of pilot projects and the real stuff to come, India cannot be sure of a clean victory in any full-fledged conflict -- even if there is reason to engage in such,' points out T N Ninan.
