The most immediate challenge for growth is the disruption of the global economy brought about by the Ukraine war and related sanctions, the Covid shutdowns in China and the rising tide of inflation, points out Nitin Desai.
Over 100 workers of the MSRTC had staged the protest outside 'Silver Oak', Pawar's bungalow on Pedder Road in south Mumbai on Friday afternoon, catching the police unawares.
The controversial report of the JPC, which gave a clean chit to Prime Minister Manmohan Singh in the 2G spectrum scam saying he was "misled" by the then Telecom Minister A Raja, was on Monday tabled in Lok Sabha amid pandemonium.
Finance Minister Nirmala Sitharaman is scheduled to meet heads of public sector banks (PSBs) next week to review performance of the lenders and progress made by them to support the economy battered by the COVID-19 pandemic. Banks would be urged to sanction loans for productive sectors to accelerate revival of the economy, sources said. According to sources, the two-day meeting would commence on November 17 and undertake a comprehensive review of various segments, progress in government schemes including Aatmanirbhar Bharat Abhiyan.
Dearness Allowance for central government employees has been hiked to 31 per cent of the basic pay from 28 per cent with effect from July 1, 2021, the Finance Ministry said. In an office memorandum, the Department of Expenditure, under the Finance Ministry, said the term 'basic pay' means the pay drawn as per the 7th pay commission matrix and does not include any other type of pay like special pay, etc. "....the Dearness Allowance payable to central government employees shall be enhanced from the existing rate of 28 per cent to 31 per cent of the basic pay with effect from July 1, 2021," said the office memorandum dated October 25.
Maharashtra deputy Chief Minister Devendra Fadnavis, who also holds the energy portfolio, held a meeting with trade union representatives and later said the government had no intention to privatise state-run power utilities.
Actor-turned-politician and sitting MP Locket Chatterjee has been fielded from Chunchura and another MP Nishit Parmanik from Dinhata. Also, a number of film personalities have been nominated as candidates in the high-stakes battle for West Bengal.
Manchester United is one of the most famous names in world soccer but is currently in crisis
Funeral and cycles allowances have been retained and revised.
Rajasthan Chief Minister Ashok Gehlot and some of his cabinet colleagues, including Shanti Dhariwal, figure in the list of 63 Congress candidates for the forthcoming assembly polls, announced by the All India Congress Committee.
Being mandatory, these recommendations will have to be immediately built into the Budget for 2015-16.
Speaking to reporters, Sitharaman, a senior BJP leader, said, "It is a manifesto announcement. A party can announce what it wants to do when it comes to power. That is exactly what is announced. Health is a state subject. It is perfectly in order."
A bench comprising Chief Justice of India DY Chandrachud and Justice PS Narasimha said the petitions raise three separate issues and hence, the need to hear them separately.
The government on Monday announced a one-time Rs 10,000 interest-free festival advance to all its officers and employees as part of plans to increase consumer spending to spur demand in the economy.
The special package assistance would be used to augment irrigation structures in drought-prone areas to address the agrarian distress and drinking water crisis.
The judge said the prosecution failed to prove that the accused were members of a terrorist organisation.
"Reaching an international agreement on how large digital companies are taxed has been a priority for the chancellor since he took office," said a spokesperson for his UK treasury office. "The chancellor's consistent position has been that it matters where tax is paid, and any agreement must ensure digital businesses pay tax in the UK that reflects their economic activities. That is what our taxpayers would expect and is the right thing," the spokesperson said.
The former BJP corporator was named by a villager in a police complaint made three days before the January 1, 2018 violence at Bhima Koregaon. Yet, the police did not include his name in the FIR.
The clash took place outside the Kali Mata temple when members of an outfit that calls itself "Shiv Sena (Bal Thackeray)" began a Khalistan Murdabad march.
On the Sensex chart, Bajaj Finance, HUL, RIL, ONGC and HDFC emerged as the top gainers.
States' demand for 5 years and Constitutional provision ruled out
"The FATF plenary decided continuation of Pakistan in 'Grey List' till its next meeting to be held in October," an official privy to the development told PTI.
The PDP led by former chief minister Mehbooba Mufti has decided to stay away from the delimitation process, saying the body lacks 'constitutional and legal mandate' and is part of the overall process of political disempowerment of people of Jammu and Kashmir.
'Looking at the speed at which changes were made post the Franklin Templeton issue, we are awaiting more stricter norms in the months to come.'
Testimony presented before the Bhima Korgaon Commission over the last two months reveals the background to the violence that broke out on January 1, 2018.
Union ministers Nirmala Sitharaman and Piyush Goyal, Randeep Surjewala and Jairam Ramesh of the Congress and Shiv Sena's Sanjay Raut were among the 16 candidates elected to the Rajya Sabha from four states where polling was held on Friday after tussle over cross voting and alleged breach of election rules delayed the counting by around eight hours in Maharashtra and Haryana.
As India emerges from the COVID-19 crisis, the ninth budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
India opened up its economy to the private sector in 1991.
The DMK leadership may now have to deal with a demand for more seats from its Congress ally in the Lok Sabha polls, predicts N Sathiya Moorthy.
'We will not compromise on it. We will not make any deferred payments or cuts.'
BJP's reversals in rural Gujarat has prompted many policy watchers to predict that the Budget would have incentives for the agriculture sector and the rural economy.
Every twist and turn in KMC's civil service career is attributed to serendipity, an aptitude for making desirable discoveries by accident. He plays down his capabilities, which took him to the top of the civil service as the Cabinet Secretary or his misfortune in losing a daughter in her prime and suggests that his career was indeed serendipitous, observes Ambassador T P Sreenivasan.
"The very fact that Pandit Jawaharlal Nehru believed that democracy has made revolution superfluous after independence and how it meant the complete opposite of a bloodless change," it said.
The BJP's relations with some alliance partners, including its oldest ally the Shiv Sena, Nitish Kumar's Janata Dal-United, Akali Dal and Rashtriya Lok Samta Party of Union minister Upendra Kushwaha, have been somewhat tense, and Shah's comments are being seen as an attempt to smooth their ruffled feathers.
GSTN said those who do not want to give their Aadhaar numbers would have to undergo physical verification.
Sitharaman also said the government is also working on a national language translation initiative.
'There is merit in keeping the central bank's balance sheet strong if the government's fiscal balance sheet is weak.'
The finance minister has labelled about 65 per cent of the fuel excise revenue as cess, including the restructured road and infrastructure cess
Finance Minister Arun Jaitley more than halved the central government's financial support.
Maharashtra is the BRS' first target.
