Sustained rural poverty can't be eradicated without capacity building.
The reform priorities are clear: enhance savings, improve productivity. Just 25 basis points of moving interest rate up or down would not boost investment: Former RBI Governor Y V Reddy.
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.
Voting will be held on Thursday in bypolls to seven assembly seats in six states -- a contest symbolic of the fierce turf war between the Bharatiya Janata Party and regional parties.
Responding to a complaint by Right to Information activist Saket Gokhale, the commission said it has found no violation of the provisions of the model code in the issue.
He also alleged that the Bharatiya Janata Party wanted to create a Delhi-like situation in Puducherry and take power away from an elected government.
Finance Minister Nirmala Sitharaman on Monday presented the Budget for 2021-22 in the Lok Sabha that is expected to provide relief to the pandemic-hit common man as well as focus more on driving economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours, 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.
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.
'We will not compromise on it. We will not make any deferred payments or cuts.'
India on Wednesday hit out at Pakistan and the OIC for raising the Kashmir issue at the UN Human Rights Commission and said the grouping has 'helplessly' allowed itself to be held 'hostage' by Islamabad.
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.
Experts say the party is undoing what it achieved through MNREGA by targeting beneficiaries
The Rajya Sabha on Wednesday approved the biggest tax reform since Independence.
Kejriwal alleged that for the last few months, the interference of the lieutenant governor in the elected government's working has increased day by day.
Strange souls see a research report on an Indian conglomerate as part of a vast conspiracy to Keep India Down. There is only one possible response to this: Grow up. Nobody in the West cares enough about India or Adani to put all the effort into creating a giant conspiracy that links together BBC documentaries and short-sellers, points out Mihir S Sharma.
'This country today is demonstrating to the world the true meaning of federalism, the true meaning of working in partnership between the central government and the state governments.'
'... the government provides adequate cash and kind support for the poorest of the poor for survival... ...conditional cash and skilling support for the economically poor to raise their incomes to adequate levels... ...and make functional arrangements for providing unemployment allowance to the vulnerable poor during disasters like the present one.'
The finance minister has labelled about 65 per cent of the fuel excise revenue as cess, including the restructured road and infrastructure cess
'Persisting with the inequalities, indeed seeing them get worse, is no one's prescription for national unity,' notes T N Ninan.
If you opt for a term-life cover, buy separate policies to cover the loan for all the co-borrowers in a home loan for a sum assured equal to the home loan amount.
'For the common man, the economic conditions are not going to get better.'
To help the country emerge as a true welfare State, political parties must put the country's interests first before strategising to win elections and short-term goals, argues Ramesh Menon.
After the 2019 election, one thing is sure: GST will see a number of changes, explains Indivjal Dhasmana.
'As his close associate Som Pal told me, "Mandal was never V P Singh's brainchild. It was a Janata Party commitment he inherited".' 'He would have done it anyway at some point, but the specific timing of his decision was dictated entirely by political exigency -- his government was threatened.' 'It also turned out to be a game changer in Indian politics.'
GSTN said those who do not want to give their Aadhaar numbers would have to undergo physical verification.
Will appeasement, rising unemployment and her dictatorial style become major obstacles in her path? asks Payal Singh Mohanka.
The chairman of the JSW Group of companies, Sajjan Jindal, whose stake in the group is valued at $14.5 billion (Rs 1.1 trillion), is betting $4.5 billion of his personal fortune in the firm's bid for Ambuja Cements. According to bankers, Jindal's contribution will be a combination of share sale and debts raised by pledging the stake of the target entities with private equities. The JSW Group chairman has offered $7 billion for Ambuja Cements, including $2.5 billion of investments from private equities, the Financial Times reported on Tuesday.
A total of Rs 39.67 crore has been allocated to the Lokpal for the next fiscal, according to Union Budget 2021-22 presented by Finance Minister Nirmala Sitharaman.
'There is merit in keeping the central bank's balance sheet strong if the government's fiscal balance sheet is weak.'
The Ministry of External Affairs (MEA) on March 17 had announced that State Bank of India (SBI) would extend a term loan of $1 billion to Sri Lanka, fully guaranteed by the Indian government, and this was part of India's financial aid to the troubled island nation. Ministry of External Affairs (MEA) spokesperson Arindam Bagchi was quoted saying by news agency PTI that the loan would be used for importing food, medicines, and other essential items. "India has always stood with the people of Sri Lanka and we will continue to extend all possible support at this juncture.
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.
A total of 2,355 complaints (including format and non-format) were received through online/offline and email during 2020-21.
Singapore-based fashion technology startup Zilingo on Friday said it has sacked Indian-origin co-founder and CEO Ankiti Bose following an independent forensic audit into complaints of serious financial irregularities. On March 31, Bose was placed under suspension following complaints of alleged discrepancies in the company accounts. "Following an investigation led by an independent forensics firm that was commissioned to look into complaints of serious financial irregularities, the company has decided to terminate Ankiti Bose's employment with cause, and reserves the right to pursue appropriate legal action," Zilingo said in a statement.
As many as 449 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns totalling more than Rs 4.29 lakh crore, according to a report. The ministry of statistics and programme implementation monitors infrastructure projects worth Rs 150 crore and above. Of the 1,736 such projects, 449 reported cost overruns and 547 were delayed.
The finance minister said the economy had been slowing.
The Telangana Group of Ministers on Friday reviewed the progress made by the Andhra Pradesh government with regards to the bifurcation of the state on various fronts.
YSR Congress chief Jagan Mohan Reddy has written to leaders of various parties seeking their support for the motion.
The Law Commission had said that the BCCI should be brought under the RTI Act, noting that it falls under the definition of a public authority which has received substantial financing from the government.
The term of the last chairman of the pension regulator, Yogesh Agarwal, was cut short by the finance ministry in November.
Lavasa would soon be joining the Asian Development Bank as vice president
