'If you do quick back-of-the-envelope calculation, someone earning Rs 10 lakh can get a benefit of anywhere between Rs 35,000 and Rs 45,000, even if s/he is availing exemptions.' 'A large proportion of people do not avail full exemptions as they don't have money to invest in those schemes.'
Chinese President Xi Jinping has stressed the need for the recruitment of new talent to support the rapid modernisation of the armed forces and win future wars amid reports that the military has committed more resources to enrol 3 lakh personnel for frontline positions.
The 42-year-old Acharya's appointment for a three-year tenure was cleared by the Appointments Committee of the Cabinet.
While the meetings on Friday were preliminary discussions, it is learnt that sectors like tourism; hospitality; aviation; micro, small and medium enterprises (MSMEs); and livestock have sought deferring loan repayments and temporary tax holidays in specific cases to help them tide over the steep fall in economic activity.
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.
Economists at the University of Warwick, carried out a number of experiments to test the idea that happy employees work harder.
A time has thus come when state encouragement for rural students led to empowerment of the socio-economically marginalised sections of the population. It included women. Today, with greater exposure and consequent enlightenment, it has gone beyond 'empowerment' to become 'entitlement', says N Sathiya Moorthy.
The finance ministry has ruled out the proposal for the appointment of a chief operating officer (COO) of the rank of deputy governor in the Reserve Bank of India (RBI), as the government feels no interim arrangements should be made for such high-profile appointments.
'We need to see more Indian Americans and people of colour hold elected office and serve in executive roles.'
'Unless we get the health and economic situations right at the same time, we will not recover.'
'The politics of Goa is moving around a sole entity, which is land.'
A report details the campaign conducted by a China-linked threat activity group RedEcho targeting the Indian power sector.
Obama said every country, every democracy in particular, has tussles over the budget.
The initiative is being called lateral recruitment to senior positions in the government.
Free provision of food, cash transfers, and jobs in villages see enhanced flow of funds despite a precipitous fall in revenue. Till May, defence spend was nearly 30 per cent less than the previous year.
The 26-year-old scholar was on Monday expelled by AMU following reports that he may have joined the terror group after his photograph, showing him with an AK-47 rifle, appeared in social media.
Dr Rajiv Shah, the senior-most Indian American in the Barack Obama administration, has been nominated as the administrator of the United States Agency for International Development -- the country's top foreign assistance programme.In nominating Shah, Obama said, "The mission of USAID is to advance America's interests by strengthening our relationships abroad. Rajiv brings fresh ideas and the dedication and impressive background necessary to help guide USAID."
Vajpayee had always felt that India must act with conviction and panache. He decided that, irrespective of the attendant risks, he would undertake what many felt was a precarious course. A fascinating excerpt from N K Singh's Portraits Of Power: Half A Century Of Being At Ringside on Atalji's 96th birthday, December 25.
'ISRO facilities are very expensive and any damage caused by these start-ups can create havoc to our space programme.'
President of Public Health Foundation of India, Professor K Srinath Reddy said that India may see COVID-19 cases peaking as early as in two months if there are strong public health measures and people take all precautions like wearing face masks and maintaining physical distance.
Recent studies in China and Europe observed that the infection might relapse in those people who have already recovered from earlier phases.
The failure of India's sole H-bomb is the latest in the Department of Atomic Energy and Bhabha Atomic Research Centre's long history of being economical with the truth.
The 'Make in India' vision cannot survive in the long-term without concrete measures to build a concurrent 'Create in India' movement.
Yoga sessions will be organized for central government employees and their dependents by the 'Grih Kalyan Kendra', a welfare society working under the aegis of the Centre.
Delhi's power circles can expect a surprise when a not-so-known officer is appointed to head the CBI.
It will be interesting to see whether India-China border tensions figure during the deliberations of PLA deputies to the NPC and CPPCC, notes Jayadeva Ranade, the distinguished China expert and retired RA&W officer.
The Reserve Bank of India's latest data indicate that spending per card is rising steadily - something that consumers should worry about
What does Nobel Laureate Abhijit Banerjee thinks about India's education sector?
The average rate of COVID-19 vaccination in the country has been 10.8 million per week. At that rate, it will take India till December 2024 to complete two billion doses.
Daily wagers are running out of resources, including ration and cash, and the state governments might not be able to sustain their needs for a longer period of time, given the lockdown has already been extended until May 3.
Kris Kolluri, a former New Jersey senior government official, was recently appointed the new chief executive officer of the Rowan University/Rutgers-Camden board of governors.
On Dr Homi J Bhabha's 110th birth anniversary, Dr K S Parthasarathy shares some personal memories of the legendary nuclear scientist.
The global economic recession has now started affecting the US farming community, and can wipe off one-third of farmers' income and render 45,000 of them jobless in 2009, a government agency has said.
While Rs 37,461.01 crore has been allocated for higher education, Rs 56,386.63 crore has been earmarked for school education.
Prez says that India has not assured the United States that it will provide 'equitable and reasonable access to its markets'.
'The solution is to enable a graceful transfer of the deposit and funding 'franchise' from capital-deficient firms to capital-surplus firms.' 'This will expand credit intermediation, bring down its costs, and put the financial sector on a definite path of recovery,' argues former RBI deputy governor Viral Acharya.
When Prime Minister Narendra Modi recently extended a Rs 8,000-crore (Rs 80 billion) central support for building roads in Jammu & Kashmir, Union Cabinet's approval for the big-ticket announcement came in barely 48 hours.
Though it is often said that Indian Railways is the largest employer in the world, but it seems it is not
'India-China economic ties are likely to take a hit in the wake of the new situation, but that also provides India with a new opportunity to strengthen its manufacturing base,' points out Dr Rajaram Panda.
The war of words between Donald Trump and his Democratic rival Hillary Clinton on Wednesday reached a new high with the presumptive Republican presidential nominee calling her a "world-class liar" while she hit back describing him as "self-proclaimed king of death" for his rhetoric, economic policies.
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