The comments come at a time when the Supreme Court-constituted Special Investigation Team has detected funds worth about Rs 4,479 crore (Rs 44.79 billion) held by Indians in a Swiss branch of HSBC bank, while unaccounted wealth totalling Rs 14,958 crore (Rs 149.58 billion) have been traced within home.
the GDP estimates incorporate new source data and modified compilation techniques
However, the realty players will have to pursue their long-pending demands with the state government for abolition of the Urban Land Ceiling Act, speedy approvals to expedite redevelopment of Maharashtra Housing and Area Development Authority buildings, development of cluster development, rental and affordable housing.
Cash-rich Central Public Sector Enterprises (CPSEs) have to either invest their surplus funds or give it to someone for investment purpose, Finance Minister P Chidambaram has said.
The Ministry of Home Affairs amended its guidelines on October 12 to include the chairman, managing director or chief executive officer of each public sector bank on the list of authorities who can issue requests for opening look-out circulars against whom an FIR is yet to be filed.
BJP says it is sticking to the 'Agenda of Alliance'.
A trailblazer in Indian tennis, Sania Mirza revealed that as a child, she was once asked to stop playing as "no one would marry" her if her complexion turned "dark" due to the rigours of an outdoor sport.
We may now be experiencing the darker side of the massive monetary stimulus of past years, said Rajan.
As per the bank sources, senior-most MDs -- A Krishna kumar and Hemant Contractor -- are part of the committee.
The sample size of 8,100 farmers across 19 states has not changed in the last three decades, and the methodology of the sample survey too remains unchanged
India is trying to push a national goods and services tax (GST) through parliament that would replace a myriad of state sales taxes and shake-up government revenue.
Attacked by detractors within the party of praising Prime Minister Narendra Modi, Congress MP Shashi Tharoor on Friday accused Modi of maintaining "silence" on his ministers' comments on controversial issues and conversion campaign by groups like Vishwa Hindu Parishad.
The government is scrambling to contain the fiscal deficit at 4.1 per cent of GDP in the fiscal year ending March
'This announcement is big foolishness.' 'The government has no idea of economics. They are just announcing what comes to their mind.' 'Let them implement what they have announced and just see what will happen in two years.'
Notwithstanding Andhra Pradesh assembly's rejection of Telangana bill, a Group of Ministers on Tuesday cleared the draft legislation to be placed before the Union Cabinet on Thursday to pave the way for its tabling in Parliament.
Son's offer to supply free power after 25 years is based on the idea that the cost of running a solar plant would progressively decline while its efficiency would increase.
The Supreme Court-appointed SIT on Friday called for effective norms to curb betting in cricket and a stronger set of norms for P-Notes, while also making a case for bringing donations to educational and religious bodies under tax net.
She is of the view that businesses are the only functioning entities around the world as they are creating jobs as well as engines of efficiency.
Current forms of economic growth are widening disparities, leaving hundreds of millions of people to live in poverty, says Rajni Bakshi.
Short-term capital gains tax of 30% is likely to be levied if bitcoin is held for less than three years and 20% if held for longer than 36 months.
The two Indian cities were chosen among 331 applications from cities around the world for 100RC network, pioneered by the Rockefeller Foundation, New York.
Blind spots of the company were two-fold - managing cash flow and investments to upgrade technology and continue research and development.
With just eight days left for the winter session, Jaitley and Parliamentary Affairs Minster M Venkaiah Naidu held consultations with Leader of Opposition in Rajya Sabha Ghulam Nabi Azad and Deputy Leader Anand Sharma.
'The key factor, to my mind, is happiness.' 'If either party, for whatever reason, is not in it, they should have the choice to walk away as painlessly as possible,' points out Vasu Primlani.
Cong leaders speak in two voices but final stand may be decided at a meeting headed by Rahul Gandhi next week
A combination of farm loan debt waivers by state governments and the implementation of the pay commission award could entail some fiscal slippages and pose a risk to inflation
Minority Affairs Minister Najma Heptulla has rejected the contention that Muslims are feeling insecure under the Bharatiya Janata Party-led regime and said the community has felt alienated since Independence because of the policies of successive Congress governments.
We dance on every small achievement and forget the long-term objectives: Ajit Gulabchand, MD, Hindustan Construction Company.
News of all that's transpired on and off the football field.
The government will release the Index of Industrial Production for July 2015 on Friday, September 11, 2015.
The Congress has reasons to enjoy the BJP's discomfiture. After all, the Insurance Bill was introduced by the UPA government in 2008 but was constantly blocked by the BJP on some pretext or the other which was then in the Opposition.
Now, the NDAA needs to be passed by the Senate before it can be sent to the White House for the US President Donald Trump to sign into law.
The Modi govt is keen to replace the Planning Commission with a more powerful body.
The captain was held responsible for the ship running aground, killing 32 people.
Several speakers noted that Budget carried the weight of expectations.
The community is planning to welcome Modi at every possible location where he could be available during his three-day stay.
Earlier, a high-level Environment Ministry panel -- the Expert Appraisal Committee for Building Construction, Coastal Regulation Zone, Infrastructure Development and Miscellaneous projects -- had recommended the project.
A day after deciding to nearly double natural gas prices to $8, Finance Minister P Chidambaram on Friday hinted that power and fertiliser units may get gas at subsidised rates to keep electricity and urea costs down.
Making a brief intervention during Question Hour in Lok Sabha, the Prime Minister said government was planning to involve knowledgeable people and those who can provide new ideas to redefine and restructure the Planning Commission.