In the third reshuffle since coming to power, Prime Minister Modi raised the strength of his Council of Ministers from 73 to 76.
One-time solution for IDBI, IFCI soon: FM
There was no let up in Opposition's protest over the demonetisation issue in the second week of the winter session of Parliament as parties insisted that no discussion on demonetisation would take place till the House mourns the nearly 70 deaths caused by hardships due to the withdrawal of higher denomination currency notes.
The civil services examination will be held as per schedule on August 24, the government declared on Thursday in Parliament, while saying that consultations will be held with various parties and stakeholders on the matter after the current session.
The Joint Parliamentary Committee has squarely blamed the finance ministry and the Securities and Exchange Board of India for last year's multi-crore securities scam.
The Parliamentary Standing Committee on Finance's meeting comes against the backdrop of CBI probing the Saradha scam in which thousands of crores or rupees of gullible investors were allegedly swindled.
'If any party talks too much about Muslims, it will lose.'
The Congress how could the prime minister make such allegations when the defence minister had not stated this in his reply to debates on the controversy in both Rajya Sabha and Lok Sabha last week and sought to know which court was Modi quoting.
Move will be a setback for India which wants information on black money probe based on leaked data
Prime Minister Narendra Modi on Wednesday took stock of the flood situation in Tamil Nadu and discussed it with his cabinet colleagues, including the Home and Finance ministers.
The Income Tax raids on a Karnataka minister on Wednesday had its echo in Parliament where the protesting Congress members disrupted the proceedings
The economy and society have changed 'hugely' over the years, he said.
Among the three Deputy Chief Ministers are Govind Karjol, who has also been given the charge of PWD and Social welfare; Ashwath Narayan the portfolio of Higher Education, IT & BT, Science and Technology; and Laxman Savadi with Transport department.
The interim Budget has attempted to tick all the boxes that could help the Modi government return to power, reports Archis Mohan.
The Karnataka CM with only 37 JD-S MLAs in the assembly is on shaky ground and overly dependent on the Congress for every decision, reports Bibhu Ranjan Mishra.
The additional expenditure includes a payment of Rs 4.38 billion to the Unit Trust of India for meeting a shortfall in its flagship scheme, US-64.
In a strong show of support for Arun Jaitley, Prime Minister Narendra Modi on Tuesday said the finance minister will come through "with flying colours" against charges of corruption levelled against him by the opposition in the same way L K Advani did in the Hawala case.
The Union government on Monday sought Parliament approval for an additional cash outgo of Rs 1,05,613 crore (Rs 1056.13 billion) to meet the extra financial liabilities expected to arise during the ongoing fiscal year.
Finance Minister Arun Jailtey's time table on Budget day.
He also rejected all charges of alleged cheating and siphoning off money by Congress in the matter.
The entire Budget-making exercise will be advanced by 3-4 weeks so as to complete the legislative part of financial business before April 1, the start of a financial year
Rejects proposals by Bank of India, IndusInd, Kotak Mahindra and HDFC.
The Reserve Bank of India has told parliamentarians that it is concerned over the stock market exposure of various non-banking financial companies (NBFCs) promoted by leading banks in the country.
The Lok Sabha will start a discussion on the Budget on Wednesday.
Finance Minister Arun Jaitley accused Congress of setting a wrong precedence for future opposition parties by continuously disrupting Parliament.
The Bill suggests an insolvency regulator.
The prime minister must clear his stand on the Rafale deal after Hollande's remarks, he said.
Kirti Azad, a known detractor of Jaitley, egged on the Congress to seek a time-bound SIT probe.
'People have realised they bought into the prime minister's package and it is empty.'
The EU ambassador to India hoped the principle of equality will be upheld in the CAB. He also said that Pak must take action against terror groups.
Non-compliance, underreporting or misreporting will attract a penalty of 50-200 per cent. The authorities may during assessment even tax assets that are 15-20 years old
In the session which concluded on Wednesday, Speaker Sumitra Mahajan preferred to carry on with the listed business even as protesting Congress members stormed the Well and shouted slogans, many times walking out of the House for the day.
The PM said she made a noteworthy contribution to Delhi's development.
'New Delhi's rulers should be alert to lighting a dangerous tinderbox,' warns Sunil Sethi.
Also on the anvil is abolition of distinction between Plan and non-Plan expenditure and replacing it with capital and revenue expenditure
The Committee headed by senior BJP leader Yashwant Sinha had proposed no tax on income of up to Rs 300,000 per annum; 10 per cent for Rs 300,000-10 lakh (Rs 1 million); 20 per cent, for Rs 10-20 lakh (Rs 1-2 million) and 30 per cent on annual income beyond Rs 20 lakh (Rs 2 million).
'We have set out a timetable to reduce income tax rates for all incomes below Rs 50 lakh, and to progressively eliminate the surcharges on income above Rs 50 lakh, by 2024.' The Budget speech past CII president Naushad Forbes wants to hear.
Five months into office, Prime Minister Narendra Modi will expand and reshuffle his Council of Ministers on Sunday, bringing in new faces and is likely to drop a few.
Congress on Wednesday said that it was open for discussions on the GST Bill on which it has "very genuine concerns".
Apart from Smriti, Ravi Shankar Prasad and Ananth Kumar took over as law and parliamentary affairs ministers respectively.
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