Finance ministry maintains that all KYC requirements will be followed.
'If the 'ideology' is just Hindutva, meaning cattle slaughter, temple issue, love jihad, joined with random acts on the side of economics and foreign policy, then we are in deeper trouble than we think,' says Aakar Patel.
It has registered 2,000-plus money laundering cases and about 12,000 forex violation ones in the 14 years since it was established. Yet, its probes have resulted in no more than 13 convictions from nine cases of money laundering since 2005.
'It is entirely possible that Sonia Gandhi wants her son to be prime minister.' 'If so, it is game, set and match to the BJP,' says T C A Srinivasa-Raghavan.
The technical report of the NSSO has generated controversy following its observation that as much as 36 per cent units forming part of MCA-21 database, used in computing GDP, could not be either identifiable or traceable in the field.
The leaders alleged that those who had no contribution in the freedom struggle wanted to spread fear 'in the name of nationalism', suppress the voice of people and were questioning the legacy of Congress.
The court allowed Karti to carry spectacles and medicines as per prescription subject to examination and approval by the jail doctor, but denied his request to carry toiletries, books, clothes and home food.
Economists have cautioned that any deferment of the government's fiscal goals would prove counter-productive and raise the interest payment burden.
'The finance minister has told the BJP's core voters we are hearing you and we are sensitive to your aspirations.'
Modi said the Goods and Services Tax has within one year of its launch led to over 70 per cent jump in indirect taxpayer base, demolished check-posts and merged 17 taxes and 23 cesses into one single tax.
Vodafone's long-pending tax dispute with the government might be heading for a resolution, with the finance ministry considering changing the Income-Tax Act's retrospective amendment and taxing indirect transfer of assets prospectively from 2012, the year the law was clarified.
Politically, it will not be easy for Modi to take hard decisions such as raising fuel prices in the first budget, given the risk of higher inflation.
The Congress on Tuesday sought to make more trouble for the government on Lalitgate issue, putting forth six demands including making public minutes of a meeting it claimed External Affairs Minister Sushma Swaraj had with United Kingdom High Commissioner James Bevan in which she had favoured grant of travel documents to Lalit Modi.
The Union minister said it is "not fair" on Congress's part to set conditions for the passage of the GST bill and if the said clauses were so crucial, the UPA could have brought these in the original bill when it was in power.
'No sovereign guarantee, no bank guarantee, no escrow account, yet a huge amount was paid as advance'
Tributes poured in as news came in of the death of the 10-time Lok Sabha MP who had joined the Communist Party of India-Marxist in 1968. Chatterjee was speaker of the Lok Sabha from 2004 to 2009.
By castigating the reforms themselves because of the remediable and reversible defaults here and there in carrying them out, Yashwant Sinha is throwing out the baby along with the bath water, says B S Raghavan.
Department of financial services secretary Sanjay Malhotra held a meeting with heads of PSBs, insurance companies and financial institutions for identifying ways to support Agniveers on completion of their tenure of duty.
Negotiations near deadlock, as states oppose Constitution Amendment Bill.
'Karti Chidambaram may be the beginning of a larger can of worms that the government has waited thus far to pop open,' says Vikram Johri.
'If there is anyone who is a victim of vendetta politics, it is me.'
RBI may also be open to injecting liquidity through open market purchases of bonds but is resisting relaxing capital buffers for banks.
The Parthasarathy Shome committee gives its second reform report to finance ministry.
Political funding of elections has led to the rise in black money in the economy.
It raises three major questions - the incentive compatibility issue, the fairness issue and fiscal challenge, said Panagariya.
The CPI-M leader also demanded the setting up of a House Committee to examine the latest developments in various central universities.
Congress president Rahul Gandhi on Sunday chaired his first meeting of the newly constituted Congress Working Committee two days after the no-confidence motion in Lok Sabha which the Opposition lost.
Congressmen are watching carefully how Rahul positions himself and manage the grand old party, reports Aditi Phadnis.
Congress Vice President Rahul Gandhi on Wednesday hit out at Prime Minister Narendra Modi for his raincoat jibe at former prime minister Manmohan Singh saying the event was "saddening and shameful".
Governments make budgets to retain and consolidate their hold on power, not to please opponents or economists. They do so by trying to gratify as many as possible without causing harm to the others, says Shreekant Sambrani.
In a relief toD leader Bikram Singh Majithia, the Supreme Court Monday directed the Punjab police not to arrest him till February 23 in a drugs case so he can undertake electioneering
'There is no senior bureaucracy functioning now; these people only obey.' 'This is only a command and control kind of governance.'
With an aggressive Opposition and unyielding government, important legislation could be the biggest casualty, as details of the helicopter contract surface.
The former CM of the state also lashed out at the state government saying the Peoples Democratic Party-Bharatiya Janata Party ruling alliance was a failure.
Defence Ministry says the report is being verified, maintaining that neither Indian nor French government had any say in the decision.
It is possible that the final Budget architecture may be at variance with the comments.
Opposition parties on Monday asked Prime Minister Narendra Modi to explain on the issue of the help provided by External Affairs Minister Sushma Swaraj to scam-tainted former IPL chief Lalit Modi and also sought her resignation in the matter.
All India Anna Dravida Munnetra Kazhagam supremo Jayalalithaa's electioneering using helicopter to criss-cross Tamil Nadu has become a poll plank for opposition parties in the state as the campaign gathers momentum.
For the Congress to be taken seriously, it has to convince those around it that it could actually double its Lok Sabha seat share from the existing 52, and vote-share by a third more from the stagnating 20 per cent in 2014 and 2019, points out N Sathiya Moorthy.
