In the first half of the fiscal year, government had borrowed Rs 3.44 lakh crore.
Bureau has registered just one product so far despite 1,500 applications.
Days after the Cabinet approved doubling of natural gas price from April next year, the Finance Ministry has written to Oil Ministry suggesting setting of a ceiling or an upper limit for the rates.
Indian tax laws offer start-ups ways to save taxes.
Unimaginative increments, persistent refusal of funds have turned the military into an underfed child scared to ask for a full meal.
FM says government policies aim to contain inflation, spur growth.
The government on Monday proposed income tax benefits for people making payments through credit or debit cards and doing away with transaction charges on purchase of petrol, gas and rail tickets with plastic money.
If money allocations, investment commitments are a sign of better things to come, the state can be optimistic.
According to BJP strategists, PMJAY and the PM Ujjwala Yojana will form the nucleus of the Modi government's re-election campaign.
A revival in investment is likely to be a key near-term initiative.
Company plans to raise the contribution of Indian private sector to its revenue from about 15% to about 50% in two-three years.
Poor performance of the banking, oil and exploration industries have impacted corporate tax collections.
'The Indian economy has been subsidised by the poor.'
There is no clarity yet on how an estimated 10.9 million new jobs would be created every year.
Only Rs 16,050 crore out of the Rs 15.44 lakh crore of the old high denomination notes have not returned.
Indian economy about to take-off
The BJP's manifesto for UP elections promised many things. But, given the state's precarious financial position, fulfilling these promises is likely to prove tricky, says Ishan Bakshi.
The industry employs about 10 million workforce.
It is time to take a few macroeconomic risks to kick start the growth.
In its essence, GST is a national level system of value added taxation of goods and services, says Shankar Acharya.
In a bid to bring Pakistan's powerful Inter Services Intelligence under civilian control, the Senate has recommended an effective role of Parliament in monitoring it while giving the spy agency power to arrest and detain.
The plan of UID/Aadhaar-based surveillance does not end with the collection of fingerprints and iris scan, it goes quite beyond it and poses a lethal threat to the idea of India, says Gopal Krishna.
Charging NGOs like Greenpeace with violating Indian laws, the RSS on Sunday called US as "the global police of democracy" and questioned its defence of the two organisations.
'While GST and demonetisation are likely to cause disruption for longer than the market currently expects, they can have meaningful positive impact over the medium-term.'
Currently women are allowed in a number of select areas including in medical, legal, educational, signals and engineering wings of the army.
Indian ranks fifth in the world according to a report that ranks the strength of 20 countries according to weaponry, including tanks, aircraft, helicopters and submarines.
'The Naga Hills region, Nagaland and Manipur, have had the most uncaring and corrupt state governments with little to show on the ground despite the nation's highest per capita development expenditure,' says Mohan Guruswamy.
The Left unions want concrete action and not just 'assurances'.
A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.
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The agency has kept its FY15 growth forecast unchanged at 5.6 per cent.
With rest of the world showing no signs of growth and headwinds ahead for US growth, chances are that we might continue to see central banks pumping money into their economies
The fund allocated for pulses buffer is more than 40% of entire farm ministry's 2016-17 budget.
There are tell-tale signs of a slide in the quality of Budgets presented by the current administration, says Parthasarathi Shome.
Duvvuri Subbarao recounts how his tensions with P Chidambaram and Pranab Mukherjee, then finance ministers, over monetary policy spilled over into other issues in the central bank in this excerpt from Who Moved My Interest Rate?, his memoir of his term as Reserve Bank of India governor.
In a maiden initiative, the Election Commission has introduced e-filing of affidavits by candidates for the forthcoming Lok Sabha and assembly polls.
In a few years from now, India will be looking at an entirely different type of military adversary across the borders, in our waters, in the air, in space and in our communication networks, says Nitin Pai.
Whilst substantive public allocations have been made in the infrastructure sector, this strategy is plateauing due to the fiscal deficit constraint, capacity limitation of statal implementing agencies, the declining ability of PSUs, and the precarious situation of the Railways' operating ratio. It is, thus, high time to get the policy compass to point at rejuvenating private sector investments in infrastructure, says Vinayak Chatterjee.
Aadhaar, an ambitious initiative of the previous government, has been used to initiate mandatory attendance for government officials, prisoner identification and by linking it to passports, mobile SIM cards and provident fund accounts.
'EVMs are absolutely credible, they are robust.' 'It's only a calculator with certain instructions. And the sim card inside an EVM is burnt and cannot be reprogrammed.' 'Besides, the machines are circulated among various states. No machine is allowed to remain in one state after an election.' 'By far, it is one of the finest innovations India should be proud of.'
Budget is a populist one, wil lbeneift common people
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