Right from the early days of liberalisation, there have been political controversies surrounding several cases that landed on the FIPB table and which, in turn, have often led to court battles.
"There are problems with regard to the inadequacy of testing facilities and without more aggressive facilities of testing, we are not going to conquer this menace," Manmohan Singh said.
Green signal from Jaitley; CVC okays Hemant Contractor for head of PFRDA
A sovereign bond float continued to be among the range of options to address the current account deficit (CAD), Finance Minister P Chidambaram said on Tuesday, even as former Finance Minister Yashwant Sinha asked him to tell Parliament the Centre would not countenance that measure.
Even if a company does not invest, it will improve liquidity of banks.
Going by the number of changes Mr Jaitley's next Budget is likely to see, he will go down in the history of Budget-making as the finance minister who ushered in the largest number of changes in a single Budget, says A K Bhattacharya.
The vice president met Leader of the party in Lok Sabha Mallikarjun Kharge, P Chidambaram and Deputy Leader of the party in Rajya Sabha Anand Sharma, among others and discussed various points regarding the key tax reform legislation.
The finance ministry's letter was unfortunate, but it is also true there is no transparency in how rates are fixed and the spread is also too high.\n
The new numbers show India's economic growth rate averaged 6.7 per cent during the Congress-led United Progressive Alliance regime as compared to 7.3 per cent under the present government. Previous numbers had put the average growth rate during the 10-year UPA rule at 7.75 per cent.
Representatives of the British telecom company on Friday met senior finance ministry officials, in search of an amicable solution.
The deputy chief minister and senior Bharatiya Janata Party leader Sushil Kumar Modi on Tuesday said the Central government was unlikely to deliver special status to Bihar before the general elections.
National Security Advisor M K Narayanan on Thursday briefed the Union Cabinet about the latest developments in the investigations in the Jaipur bomb blasts. Finance Minister P Chidambaram briefed the media after the Cabinet meeting, which was headed by Prime Minister Dr Manmohan Singh. Chidambaram did not give any details about Narayanan's briefing. The former chief of the Intelligence Bureau reportedly briefed the Cabinet about the modus operandi adopted by the terrorists.
There will be some populist announcements in Budget.
A special court on Thursday acquitted all accused in the 2G spectrum allocation scam cases. The scam relates to the granting of 2G spectrum licence allocations in 2007-08 which caused, according to a report by the Comptroller and Auditor General of India, a loss of Rs 1.76 lakh crore. Here is a detailed timeline of how the case came to light and how it has progressed over the years:
Some decades ago, nearly 90 per cent of Nattukottai Chettiars were entrepreneurs; this has dropped to 15 per cent. The community plans to reverse the numbers through know-how, family support, funding and networking.
The title Inquiry Authority as against Commission had been used since that was the expression used in Section 11 of the Act to Parliament.
Karti and Mukerjea were brought face-to-face and questioned by the CBI team for about four hours.
'For a responsible person like him to utter such nonsense is shameful.' 'He is not fit to be a director on the RBI central board.'
Chidambaram said he feels that Dassault 'is laughing all the way to the bank', as the NDA government gave a 'gift'.
The country is all set for the second round of elections on April 18 in the ongoing seven-phase Lok Sabha polls that will elect 543 members to the lower house of Parliament. Going to polls in the second phase will be 95 seats in 12 states and one Union Territory. Here is a look at some of the big names contesting in phase two of Lok Sabha elections.
The Planning Commission was better than the Niti Aayog as it used to take up the issues of the states with the ministries concerned.
The R S Pathak Inquiry Authority report, which has indicted former external affairs minister Natwar Singh and his son Jagat in the Iraqi oil scam, was tabled in both the Houses of Parliament on Monday.
'People have realised they bought into the prime minister's package and it is empty.'
Sources at the NSE as well as the President's office rejected media reports that Kovind's pulling out of the event had to do with reasons other than his packed itinerary this week.
Jaitley said the raids have been carried out only after identifying a substantial reason.
In a scathing attack on the Opposition for stalling Parliament over demonetisation, Prime Minister Narendra Modi on Thursday alleged they were trying to "rescue the corrupt" like Pakistan gives cover fire to terrorists to cross border and said the note ban will expose the kala dhan (black money) as well as 'kale mann' (ill-intentions) of many.
The 15-member committee has also recommended the imposition of a goods and service tax on financial services, and creation of a currency spot market and rupee-settled exchange traded currency derivatives market.
In a politically-significant move, Prime Minister Narendra Modi has reconstituted a government committee on commemoration of the 125th birth anniversary of Jawaharlal Nehru which will be headed by him, replacing his predecessor Manmohan Singh.
The Congress on Friday termed the National Investigation Agecy's decision to drop all charges against Sadhvi Pragya Thakur was a vindication of the disclosure made by former special public prosecutor.
Twenty-six entities, including the Tatas, Aditya Birla Group, Anil Ambani-led Reliance Capital and Religare, apart from India Post, applied. Videocon Group, later on withdrew its application.
Former MP and a member of the BJP's National Executive Kirit Somaya on Monday alleged that overvaluation of initial public offers (IPOs), over-speculation and faulty settlement mechanism were behind Monday's stock market crash.
Declining urgent hearing, the top court observed that judges have more cases 'than they can handle'.
Finance Minister Arun Jaitley is unlikely to heed economists' suggestion that an inheritance tax be introduced in Budget 201415 as an additional revenue stream.
Finance Minister Arun Jaitley is unlikely to heed economists' suggestion that an inheritance tax be introduced in Budget 201415 as an additional revenue stream.
Wondering why the government was "celebrating" the first anniversary of the note ban on November 8, Gandhi said, "I don't know what is there to celebrate."
Suzuki Motor Company chief Osamu Suzuki on Thursday called on Finance Minister P Chidambaram, within a week of the government deciding to sell 8 per cent of its equity in Maruti Udyog Ltd.
