Prime Minister Narendra Modi on Thursday launched his government's mega scheme ' Pradhan Mantri Jan Dhan Yojana', declaring that it was aimed at eradicating financial untouchability by providing bank accounts to the poor.
Top India players, including Virender Sehwag and Gautam Gambhir, on Sunday, came out strongly in support of Finance Minister and former DDCA President Arun Jaitley, who has been accused of turning a blind eye to financial irregularities during his tenure by AAP.
'Modi has shown political courage by instituting several economic reforms which include demonetisation, ushering in GST, eradication of benami transactions...'
FBT was an unpopular tax and withdrawn before the General Elections in 2009
'The cash part is the lower hanging fruit compared to the other sources.' 'To attack the cash part of black money, I can't think of anything else but demonetisation.'
'What the long term repercussions of the Ayodhya judgment are will unfold in time.' 'And I hope the consequences are not going to be as damaging to us as they were to Pakistan,' says Aakar Patel.
The street-fighter is back and the introspecting, sparingly speaking avatar of Kejriwal has gone on an extended recess. In this grime of heightened Delhi politics, all the good work done by the Delhi government may go down the drain, warns Sudhir Bisht.
Meet to review progress on lending, impact of recent rate cuts and what is being done on NPAs, among other things
'The temptation of governments, to have a finger in the RBI pie will be just too great to resist, unless extensive amendments are carried out in the RBI Act treating it almost as the fourth branch of the government.'
Payments banks are niche banks which will be allowed to function with several restrictions.
Although the first woman to hold the position of chief economist at IMF, it would be wrong to see her appointment through the lens of gender
The chief minister said he has certain compulsions as a politician.
No one expects the government to publicly concede policy mistakes. But it can shed denial; and, stop the point-winning debating style to the formulation of public policy, says Rahul Khullar.
The Congress, which was not a petitioner before the apex court, wants the Rafale deal to be referred to a Joint Parliamentary Committee to go into the price arrived at by the BJP government versus the one negotiated by the previous UPA regime, as also how billionaire Anil Ambani's group with virtually no experience in manufacture of fighter jets was selected as an offset partner for the deal.
'Politicians have always dealt in lies and propaganda.'
'But the scale of the propaganda and the impunity with which it is being unleashed now is stunning,'
The government's critics say that the Prime Minister failed to rein in vicious and unprecedented personal attacks on the central bank chief by the likes of Rajya Sabha MP Subramanian Swamy.
Prime Minister Narendra Modi on range of issues -- from Rafale deal to Ram temple and triple talaq.
Double tax exemption on wages paid to women can encourage companies to hire, retain and compensate women better, argues Nitin Pai.
A total of 851 candidates are in the fray for 93 seats spread across 14 districts in north and central Gujarat, in the final phase of the polls, where 2.22 crore people are eligible to exercise their franchise.
An exercise to rationalise coal linkages which will optimize transport of coal and reduce cost of power is underway.
New body to replace Plan panel might retain 40% of existing staff
Consumers will thank the Modi government for this simple yet revolutionary move, which is long overdue, says Debashis Basu.
'Today you have 30 to 40 per cent of bureaucrats who are not parrots of the government, but what happens if you change the system?' 'If implemented, this can disrupt the system, which will have more adverse consequences than demonetisation.'
'By holding forth on Swadeshi economics, Bhagwat is showing his intent to fight back,' says Shekhar Gupta.
The finance ministry has put out a revised draft in public domain.
The resignation is sure to create more political firestorms for the government as it comes on the eve of the winter session of Parliament where the Opposition has already made it clear to the treasury benches that infringing on the RBI autonomy would be a big talking point for them.
For 80 years, news and views aired on BBC Hindi reached audiences in the remotest parts of the country. For millions of its followers, the signature line -'yeh BBC hai (this is BBC)' -- has been like a morning alarm, and the bulletins a vital link between India and the world. That link, which began when there was no mobile phone or internet, is about to break as the radio service will fall silent after January 31. And for many living in smaller towns and in rural areas, life won't be the same again, writes Nivedita Mookerji.
Given the international practice, it is inexplicable why the government is going with anonymous electoral bonds.
Seeking to give a big push to the Lokpal Bill, Congress vice-president Rahul Gandhi on Saturday appealed to all political parties to support the legislation saying it is a "very very powerful instrument" in the fight against corruption.
A glance back at some of the important ups and down Indian Inc faced in 2018.
Senior officials say the government might come up with an incentive package for the SEZs following the release of Foreign Trade Policy.
If the Modi government is to keep its promise of change, it must bring in fresh faces.
One can expect significant changes at India's banks in ensuing months.
The opposition battled it out with the Centre over farmer issues, the suspension of 6 MPs and the privileges of MPs.
'From where prime ministers sit, it makes no difference at all who occupies the governor's post.' 'Literally anyone with a decent education or work experience can be appointed to the job, which is basically a managerial one with little room for manoeuvre,' says T C A Srinivasa-Raghavan.
The Andhra Pradesh Raj Bhavan sex scandal and the paternity suit a love child filed against Tiwari dogged him in his 80s.
Pulbic banks have no reason to cheer Budget announcement.
The momentum created by the landslide victory of the ruling party should be utilised to carry forward reforms in the legal field, says M J Antony.
Control over PSU banks is what is allowing the government to drive this scheme.
'Post Independence, it is for the first time that people have Rs 500 in their pocket, but the family is sleeping without food.'
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