Parliament on Monday approved the Industrial Development Bank of India Repeal Bill to enable its conversion into a universal bank
Yale University has issued a statement saying that Human Resource Development Minister Smriti Irani attended a weeklong programme and received a certificate from the university last year, along with several other lawmakers from India. George Joseph/Rediff.com reports from New York
The proposed bill seeks to raise FDI cap in the sector to 49% from the present 26.5%
The Congress has reasons to enjoy the BJP's discomfiture. After all, the Insurance Bill was introduced by the UPA government in 2008 but was constantly blocked by the BJP on some pretext or the other which was then in the Opposition.
Major portfolios like home, finance and education were on Tuesday allocated to People's Democratic Party ministers by Jammu and Kashmir Chief Minister Mufti Mohammed Sayeed who will himself hold the charge of home ministry.
The finance minister is "reasonably confident" that when it comes to the crunch, "it would be extremely difficult even for the Congress party to take a contrarian view" on the GST Bill.
No mention of cab aggregators in GST bills
Modi said this government will offer all 'sahyog' to Kovind.
While India allows 100 per cent FDI in a large number of the sectors, there is a ceiling on foreign investment in sensitive segments like multi-brand retail, insurance, defence and telecom.
The government on Wednesday rejected in the Lok Sabha the demand for setting up of a joint parliamentary committee into the collapse of Global Trust Bank
The sports tournament for MPs was conducted in New Delhi.
Congress members also vociferously pressed for a discussion on the Comptroller and Auditor General report.
The Congress party should project its prime ministerial candidate for the general elections next year, Finance Minister P Chidambaram said on Monday.
Modi had campaigned with promises of jobs, infrastructure and development.
The parliamentary standing committee on finance on Thursday approved the repeal of IDBI Act, paving the way for conversion of Industrial Development Bank of India into a bank.
State finance ministers' panel to decide on latest attempt at harmonising of views on Constitution amendment.
Saket was among the nine members of Legislative Assembly who rebelled against the Harish Rawat government.
'The debate, by being mostly in Hindi, lost much of its educative relevance to the southern states.' 'All the prime minister's debating skills and oratorical prowess went over the heads of the South Indian audience,' points out B S Raghavan, the distinguished civil servant.
Catch all the action from the Monsoon session of Parliament, LIVE
The Outstanding Parliamentary Awards for the years 2000, 2001 and 2002 have been given Arjun Singh Jaswant Singh and Manmohan Singh respectively.
Despite the monsoon session of Parliament being a near washout so far, the government hopes to resolve the impasse at an all-party meeting on Monday to pave the way for discussion on issues raised by the Opposition, Parliamentary Affairs Minister Venkaiah Naidu said.
Insurance coverage for deposits in non-banking finance companies is unlikely to be provided as Reserve Bank of India has expressed reservations over the move.
External Affairs Minister Sushma Swaraj briefed them about the operation that destroyed Jaish-e-Mohammed's terror training camp in Balakot in Khyber Pakhtunkhwa province of Pakistan.
Hitting back at Rahul Gandhi, Government on Wednesday dared him to give proof in Parliament on his allegations against the government and PMO on National Herald issue.
The government on Tuesday came in for sharp criticism on the divestment issue with a parliamentary committee asking it to come forward with a comprehensive policy document on the matter.
'If Urjit Patel had resigned after the five-state elections results people would have taken a different view. So this was the right time for him to resign.' 'He rightly resigned as he felt the differences with the government were not getting settled.'
Bankers back the new bankruptcy code, which would impose debt deadlines on failed firms and foresees up to five years in jail for debtors who conceal property or defraud creditors
Congress has repeatedly alleged a "scam" in the purchase of Rafale fighter jets claiming the cost per aircraft in 2012 was agreed at Rs 526.10 crore while the one signed by the Modi government costs 7.5 billion (Rs 1,670.70 crore per aircraft).
Rejecting the Opposition demand for a JPC probe into demat share scam, the Government Tuesday said SEBI was examining the matter and strictest possible action would be taken against those involved in the irregularities.
'There is no difference between the earlier government and the present government.' 'They are all following the economic policy based on the Chicago School of thought.' 'This school of thought says the government should have very little role in governing the country and the majority of the work should be handed over to the private sector.' 'This has not succeeded in the US.' 'Yet, it is being tried here by people like Arvind Subramaniam, Arvind Panagariya, Urjit Patel and Raghuram Rajan.'
'The AMs are a different beast and reflect the political play within the government.' 'Prime Minister Modi does not need to assuage any interest group to take the final call on any decision that belongs rightfully to the Cabinet,' points out Subhomoy Bhattacharjee.
Government and Securities and Exchange Board of India have taken a number of measures to further enhance the efficiency and safety of the markets and ensure investor protection, Finance Minister Jaswant Singh said in Lok Sabha on Friday.
A Parliamentary committee has asked Reserve Bank of India to direct banks to channelise more funds to industry and other sectors instead of investing excessively in risk-free government papers.\n\n\n\n
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