Economic growth in the last two years has stayed above seven per cent.
'The classic thing we need as a country is the virtuous cycle where you have robust demand which leads to more capital spending which in turn leads to more job creation and more money in the hands of people.'
The Pradhan Mantri Jan Dhan Yojana scheme will help eradicate poverty and curb corruption at the grassroot level, industry said.
'Economic issues do not matter during elections; it is the emotional connect that helps swing votes.'
Experts said the rules will help curb market manipulation and money laundering, which could take place during the transfer of shares between residents and NRIs.
P Chidambaram accused the BJP of making a u-turn on bills like GST after having stalled them during the UPA regime.
Congress leader Rahul Gandhi appeared before the Enforcement Directorate (ED) on Wednesday for the third consecutive day of questioning in the National Herald money laundering case, with the agency seeking answers on decisions taken with regard to the media organisation and its owner Young Indian.
Mr Modi must now work to win over the governor as a friend and learn to influence people credibly.
Modi sarkar will have to undertake reforms to prove its mettle.
The court said had the prosecution witnesses not turned hostile, the outcome of the trial would have been different.
The government's initial promise and energy seems to have dissipated.
'It doesn't really matter ultimately what individual commentators say or write about Modi. So long as he continues the BJP's march towards greater vote share, a bigger geographic spread and a crushing of the Congress, he is a success,' says Aakar Patel.
The solicitor general said that the PM CARES Fund is a 'voluntary fund'. "It is a public trust. It is a body where you can make voluntary contributions and no budgetary allocations to the NDRF or SDRF are being touched. What has to be spent will be spent," the law officer said.
The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.
Modi is optimistic that the reforms will be passed soon.
Most expect the Budget to be path-breaking.
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.
Whether it is for disaster relief or a personal cause, some online platforms help you raise funds for a fee.
'Transparency is us watching the government and not the government watching us'
'The finance minister and the government have met the immediate challenge. The wine this time is new and also in a new bottle, which, though not full, is less than half empty.'
So far, there seems to be limited debate about their activities in India, where virtually all FAANG companies have teamed up in different ways with India's most powerful businessman, observes T N Ninan.
Going the direct subsidy route, the prices of kerosene and LPG will go up in the market, but the extent of rise will not be as high as when the subsidy is given to everyone.
NDA's energy plan powered UP win, but it's not a winner yet. Centre has claimed to have saved money by targeted coverage but critics say the system is not yet foolproof.
'Allegations of Reliance benefitting by thousands of crores is a figment of imagination, promoted by vested interests'
The finance ministry website that lists the total disinvestment revenues to be mobilised during the current year already shows that no receipts are expected from strategic sales in the current year.
We are entering a period of turbulence, but you can profit off that volatility.
Currently, the enforcement officers are making seizures of assets directly and indirectly connected to offenders, including jewelers Nirav Modi and Mehul Choksi in the Punjab National Bank fraud and Vijay Mallya in the Rs 9,000-crore IDBI loan case.
'The prime minister did not think that COVID-19 was a serious challenge as late as March 20.'
It is time to take a few macroeconomic risks to kick start the growth.
The deadline of March 31 has been postponed till the apex court delivers its final judgment.
As India gets ready to roll out one of the largest vaccine programmes, billionaire Mukesh Ambani on Tuesday said his group is working with authorities to provide technology tools and backbone for mass inoculation against COVID-19. Ambani's telecom venture Jio was rolled out four years back, offering free voice calling and dirt-cheap data. Today, Jio is India's largest telecom operator with over 400 million users, each connected to the internet. At a Facebook event, Ambani said the government's digital push kept the country running even during the pandemic and is now helping in the rollout of one of the largest vaccination programmes.
India has a unique window of opportunity to effectuate long-lasting structural change in its banking sector, says Riju Agrawal.
Roopam Asthana, CEO and whole-time director, Liberty General Insurance Ltd, answers your queries on HEALTH and AUTO insurance.
A senior company executive said the company waited for seven years for the verdict and its shareholders needed to know when it would be concluded.
After helping the government in policymaking since October 2014, Chief Economic Adviser Arvind Subramanian is returning to academics and will be teaching at Harvard Kennedy School on a visiting position. In an interview to Dilasha Seth and Somesh Jha, he says the ease of doing business agenda needs to move forward and India must try to integrate with the global value chains. Edited excerpts.
As an applicant, you must understand there is a difference between getting an offer letter from a university and receiving a study visa, explains Ajay Sharma, president, and founder, Abhinav Immigration Services.
Blockchain's promise: Dramatically speeding up transactions, explains Ajit Balakrishnan.
'Individual beneficiary desirous of availing the benefits under the scheme (PMUY) is hereby required to furnish proof of possession of Aadhaar number or undergo Aadhaar authentication,' said a gazette notification issued by the ministry of petroleum and natural gas.
Whether you give stocks held for more/less than a year, benefits are nominal; donating cash is better.
From coming up with the correct list of beneficiaries to finding enough people to work as Ayushman Mitras to generating awareness about the scheme - many things need to fall in place before it can be successfully launched in a few days.
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