The Trinamool Congress (TMC) on Sunday alleged that Dinesh Trivedi, who resigned from the Rajya Sabha on Friday, took the 'House for a ride' and was 'allowed' to use the floor of the House for his 'devious political ends'.
The divestment process, however, will not be an easy affair as there are multiple stakeholders, including the employee unions, whose concerns will have to be addressed.
Steps will be taken to attract external commercial borrowing and FDI in the education sector, the finance minister said. Stating that govt will soon introduce new education policy, Sitharaman said online degree courses to students from weaker sections.
With the former prime minister stepping aside on Sunday night saying it was "simply not the right time" for his comeback, the prospect of a Diwali victory for Sunak cannot be ruled out.
The panel may include or seek inputs from former RBI Governor Urjit Patel, former chief economic advisor Arvind Subramanian, Sajjid Chinoy of the PM-EAC, Rathin Roy, among others.
Stressing that the Apna Dal-S stands for social justice, Union minister Anupriya Patel on Monday dissociated her party from "Hindutva and all those issues" and said it is ideologically different from the Bharatiya Janata Party.
The Trinamool Congress MP said he is unable to bear various incidents that are happening in West Bengal.
The major focus of this year's Economic Survey was on pushing economic growth, which has been projected by the Central Statistical Organisation at 5 per cent for this fiscal, sharply lower than the original estimate of 7.6 per cent (+/- 0.25 per cent).
As Boris Johnson's "partygate" troubles mount and members of his own Conservative Party demand he step down as the British prime minister, one name is doing the rounds as a frontrunner to take charge -- his Indian-origin chancellor and Downing Street neighbour Rishi Sunak.
Officers responsible for preparing budgets say their detailed costing projections are mostly ignored. The defence ministry simply takes the previous year's budgetary allocations for each service and adds a small percentage to those.
Expressing the government's commitment to continue with reforms, Finance Minister Nirmala Sitharaman on Thursday assured India Inc that it is ready to do everything required to revive and support economic growth hit by the COVID-19 pandemic. Stressing that there is a need to promote growth as it helps bring down poverty, she however said it would not be at the cost of inflation. RBI has been mandated to keep inflation at 4 per cent, with tolerance level of 2 per cent on either side.
Aadhaar is falling behind on technology, missing out on confidentiality and has gaps in its data archiving policy and preserving confidentiality in delivery of the cards to people, says a report by the Comptroller and Auditor General of India (CAG). The performance report, 'Functioning Of Unique Identification Authority Of India', tabled in Parliament on the last day of the budget session notes, assigning a unique identity to all resident Indians was supposed to be the key feature of Aadhaar. But "There were instances of issue of Aadhaar with the same biometric data to different residents indicating flaws in the de-duplication process and issue of Aadhaar on faulty biometrics and documents". It says close to half a million such records had to be cancelled by the Unique Identification Authority of India up to 2016.
For its development, India needs a movement akin to the freedom movement, Prime Minister Narendra Modi said on Saturday.
In an exclusive column to Rediff.com, CPI-M general secretary Prakash Karat explains what is wrong with the Union Budget 2011-12 that Finance Minister Pranab Mukherjee presented in Parliament on Monday.
In a Twitter post last Friday, the 39-year-old son-in-law of Infosys co-founder Narayana Murthy is seen holding a bag of Yorkshire Tea along with the message: 'Quick Budget prep break making tea for the team. Nothing like a good Yorkshire brew.' It attracted a host of trolls and negative reactions, largely directed against the ruling Conservative Party but also targeted at Yorkshire Tea -- one of the UK's oldest tea brands.
A bill to modify the list of scheduled castes in Tamil Nadu by grouping of seven castes which presently exist as separate castes, was passed by the Lok Sabha on Friday.
Thank you, Mr Prime Minister, for bringing colour to our colourless, drab, despair-ridden lives.
Demonetisation hit informal sector hard and caused job losses which was not addressed by the budget, Moily said.
Index heavyweights Reliance Industries and ITC were the top losers along with ICICI Bank and SBI
The central government on Monday issued a Gazette notification to extend the tenure of defence secretary, home secretary, director of Intelligence Bureau, and secretary of Research and Analysis Wing for a period of two years.
In a first, the Comptroller and Auditor General's (CAG) officers reached out to several ministries in the last week of April as part of a confidence-boosting measure. The meeting brought the CAG officials and those from the ministries across the table to discuss the pain points in their relations. CAG of India Girish Chandra Murmu took this novel step because of growing tensions between those audited and the auditor.
'He has a splendid opportunity to capitalise on the CPEC and turn the economy around decisively, putting Pakistan firmly on a higher growth trajectory.' 'Indeed, under the Imran-Bajwa dispensation, there has been a noticeable whittling down of support to militant groups,' points out Ambassador M K Bhadrakumar.
As Pranab Mukherjee passes away, we remember the man, the politician, the Rashtrapati.
Finance Minister Nirmala Sitharaman cut fuel subsidies while slapping additional fuel taxes on unblended transport fuels in the latest Union Budget. The former will hit the rural poor, households that secured a subsidised LPG connection under the Pradhan Mantri Ujjwala Yojana (PMUY), a programme that was partly instrumental in helping the Bharatiya Janata Party (BJP) win the 2019 general elections. The latter will pretty much hurt the entire population after it kicks in from October. That's what it looks like. Or, perhaps, it's not as it appears to be, at least on the subsidy front.
With an aggressive Opposition and unyielding government, important legislation could be the biggest casualty, as details of the helicopter contract surface.
According to state government sources, not only did the governor insert some corrections, but he also initialled the final draft after those corrections had been made, reveals N Sathiya Moorthy.
Survey likely to be tabled in July by the new government.
Almost all infrastructure ministries continued spending on capex throughout the lockdown, even as the Centre tried to maintain some semblance of economic normalcy.
The event will be significant for the Congress and Trinamool Congress leaderships, cementing the proximity during the winter session of Parliament.
The Finance Ministry said it has followed standard practice and has not violated any Constitutional provision by not showing interest on tax refund as separate expenditure in the Budget.
Taking a swipe at Prime Minister Narendra Modi and RSS chief Mohan Bhagwat, he said, 'We will not allow reservation to be done away with, no matter how much Modi Ji or Mohan Bhagwat dream of it.'
After meeting Shah, Patnaik said he briefed the minister on the current situation in Hauz Qazi area.
Bank strike continued for day-two on Tuesday, led by nine unions of public sector banks (PSBs) in the country, opposing government's policy to privatise the lenders. Customers will be inconvenienced to get services such as cash withdrawals, deposits, cheque clearances, remittance services. Government transactions related to treasury as well as business transactions will also be impacted. United Forum of Bank Unions (UFBU), an umbrella body of nine unions, had given a strike call for March 15 and 16.
Jaitley is now a minister without portfolio in the Narendra Modi government.
'Will Mr Jaitley listen, or is that expecting too much in pre-election season?' asks T N Ninan.
Indian economy about to take-off
The new regulator will be called Civil Aviation Authority that will also administer financial matters.
Supplementary provisions exceeded the original provision by as much as 239,900 per cent in 2014-15.
It is baffling how the PM chose the LCH as an indigenous product to celebrate on Rashtriya Raksha Samarpan Parv, even while his Cabinet holds up manufacturing clearance for 15 LCHs on the grounds that they are not Indian enough.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances