The Cabinet Committee on Economic Affairs may this week decide to price all domestically produced natural gas as per a formula suggested by a panel headed by Prime Minister's economic advisor C Rangarajan.
'If the government starts playing favourites, if the government acts in a manner which is not transparent, then natural resources which belong to not just you and me, but future generations, they fritter away. The anger against corruption, the anger against India's natural resources being looted is a consequence of the fact that within society there is a huge amount of turmoil and discontentment. Why should an Empowered Group Of Ministers or the Cabinet Committee on Economic Affairs decide the administered price of gas?' asks Paranjoy Guha Thakurta in this exclusive interview with Rediff.com's Sheela Bhatt.
The S&P BSE Sensex dropped 1 points to end at 26,396 and the Nifty50 slipped 2 points to end at 8,109.
The agriculture sector is likely to grow in the range of 5.2-5.7 per cent in 2013-14, nearly three times more than the last year as good monsoon has raised the prospects of bumper harvest, a CACP discussion paper said.
Noting that farmers are suffering due to problems in the food supply chain, Congress Vice President Rahul Gandhi on Monday said there is a need for ensuring better compensation for the farmers against their produce.
Budget is widely seen as a test of Prime Minister Narendra Modi.
In her letter to Congress President Sonia Gandhi three days ago, Kidwai said she was relinquishing charge as party general secretary and Mahila Congress chief as he felt that Rahul Gandhi should be given the necessary space to bring in younger leaders of his choice
He has the ability to instantly go to the heart of issues and deconstruct them.
Companies to hold rates in Delhi until new government is formed.
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The Modi government's response to infiltration at the India-Pakistan border, Kumar Vishwas told Google staff, was weak, adding that there had been 19 infiltration attempts and ceasefire violations by Pakistan since the new government took charge.
Prime Minister Narendra Modi to include only those who perform well as parliamentarians.
As many as 75 million households that do not have access to banking services will be covered and at least one bank account opened for each household, against the earlier proposal of two.
RIL produced a total of 13.58 mmscmd of gas from Dhirubhai-1 and 3 gas fields and MA oil and gas field in the KG-DWN-98/3 or KG-D6 block in Bay of Bengal in the first week of February, which rose to 13.63 mmscmd in the following week.
Vice President Hamid Ansari on Monday embarked on a five-day visit to Morocco and Tunisia as part of efforts to build on diplomatic gains from the India-Africa Summit and lay platform for a future partnership.
The reported controversial remarks of President Pranab Mukherjee on Bofors issue to a Swedish daily have no bearing on his upcoming tour of Sweden, the first State visit, beginning on May 31, External Affairs Ministry said in New Delhi on Thursday.
A government that confuses PowerPoints for policy is delaying structural change too much.
India is experiencing jobless growth and skepticism abounding that the country may not be able to cash in on its demographic bonus
Quattrocchi lived in India for several years as the representative of an Italian firm, Snam Progetti, in the 1980s. He was close to the Gandhi family and in 1999 was named one of the accused in the case regarding the Rs 64-crore pay-off for the supply of 155 mm Howitzer guns made by Bofors, for which a controversial deal was signed in 1986 when Rajiv Gandhi was the prime minister.
'Lending to Mr Mallya was the bankers' season ticket to corridors of power and glamour. Borrowing from them was like a favour Mallya did to them,' says Shekhar Gupta.
The average land given to the rural landless is small and falling, from 0.95 acres in 2002 to 0.88 acres in 2015 - a 7.4 per cent drop over 13 years-and a slowdown is evident in the process of taking land away from rich landlords, the RTI data reveal.
'The previous (Congress) government at least did not veto provisions of the cattle laws.' 'The BJP is actively weakening the provisions.' 'The BJP government tried to export goats from Nagpur for slaughter to the Middle East.' 'The whole country was aghast and offended. We are a country of Ahimsa.' 'The BJP has incentivised the butcher industry so meat export has gone up, live animal export has gone up, leather export is on the rise, smuggling has gone up.'
Almost half the overall projects costing at least Rs 150 crore (Rs 1.5 billion) are facing a time lag as on March 31. Of 558 projects, 272 were running late when FY13 came to an end, official data showed.
The prime minister made the reference about the functioning of the Parliament against the backdrop of the virtual washout of its Monsoon session over various issues.
The commission asks for notification to be deferred; RIL's KG-D6 pricing issue may return to Cabinet
Ten months after new Sebi norms set in, some senior directors still hold more board seats than allowed.
FM should avoid proposals such as to tax financial transactions and fringe benefits
Despite crude comfort, heavy spending cuts needed to offset Rs 80k-cr revenue shortfall
A raise in the I-T exemption limit has been sought by many.
Against a turbulent and uncertain background, Budget 2017-18 hewed a steady, forward-looking course, says Shankar Acharya, former chief economic adviser to the government.
In the run-up to the Union Budget, expected to be presented on July 10, this paints a grim picture for Finance Minister Arun Jaitley.
Jaitley's team presents a quintessential mix of foreign-educated, intellectual technocrats and seasoned bureaucrats
Weak monsoon forecast rekindled fears of higher inflation.
IDS-2 and raids to uncover black money stash keep receipts flowing
National Demorcatic Alliance ministry's list of assets is fairly wide -- from land and property to vehicles and, for quite a few, guns. Nivedita Mookerji reports
Water from as many as 78,508 rural habitations is contaminated by arsenic, fluoride, iron or nitrate, finds out Chaitanya Mallapur/IndiaSpend.com.
India could gain four times over by winding up dysfunctional subsidies.
Budget should raise revenues & reduce spending to increase capital expenditure.
Budget was a mild disappointment. Yet, the bull run continues.
India's fiscal deficit trends are a bit like an alcoholic trying, unsuccessfully, to reform. Virtue does not last for too long, says Shankar Acharya.
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The trade deficit makes up an important part of the current account deficit, which had touched an all-time high of 4.8 per cent in 2012-13.
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