This means taxpayers might continue to enjoy exemption on maturity of their investments
Prime Minister Narendra Modi announced its imminent replacement in his Independence Day address, but the new name, structure and key personnel became known only a week ago.
In remarks that could fuel a fresh controversy, senior Congress leader Kamal Nath on Sunday said that Lok Sabha Speaker Sumitra Mahajan's decision on the issue of Leader of Opposition in Lower House could be "flavoured" by the Bharatiya Janata Party and Narendra Modi.
After his retirement, Sachin Tendulkar, Rediff.com's Harish Kotian discovers, has become more outspoken about cricketing issues.
Relaxation in KYC guidelines has helped meet the target but this could lead to money laundering and financial malfeasance, it is feared.
Clinical India notched up another resounding win to humble a hapless Sri Lankan side by six wickets and clinch the five-match series in the third One-Day International in Hyderabad.
Russian President Vladimir Putin on Wednesday warned America and its allies against one-sided intervention in Syria, even as US said it not only risks losing friends but also credibility at the world stage if no military action is taken against the Bashar al-Assad regime.
Governor's rule was imposed in Jammu and Kashmir on Friday after political parties failed to muster the requisite number in the 87-member assembly for staking claim to form the government.
Rediff.com's Love Guru has answers to all your relationship problems.
Now that Arnab Goswami is signing off from the Times Group, his cacophony and his shrill sermons will be missed. So will be the fish market. Thank God for that because for me the fish had started to stink, says Sudhir Bisht.
Almost everyone in Gorakhpur has a story about an Adityanath intervention that helped push through a piece of work that would've been otherwise impossible.
'The Congress, all these decades, worked on a slow Hindi-isation and Indianisation of Arunachal tribes. The RSS wants rapid Hinduisation,' says Shekhar Gupta.
From small retailers' experiences with e-wallets to digital transaction numbers post demonetisation, Geetanjali Krishna and Karan Choudhury find out where the truth lies.
Generations of Indian Americans have had Arthur first note their feats and recount it to the world. And that is why so many desis across America have been saddened by his passing.
If borrowers don't have access to a bank's credit facility, it could make sense to use peer-to-peer systems.
The prime minister made the reference about the functioning of the Parliament against the backdrop of the virtual washout of its Monsoon session over various issues.
The last batch of post-riot refugees are stuck between the government and camp patrons who have gone from being benefactors to opportunists, says Sreenivasan Jain
'The past year has yielded extraordinary results in the strategic, commercial, and people-to-people components of the India-United States partnership, US Ambassador to India Richard Rahul Verma tells Aziz Haniffa/Rediff.com in an exclusive interview.
He was ready even to take on Germany's collective guilt over the Holocaust
'The corporate sector says by 2022 they will create 300 million jobs.' 'In the last 70 years we didn't do it, how will we do it in 5 years?' 'Only agriculture can bail out the economy. Unfortunately, it is not being looked into.'
Shifting to a PPP model could repeat the errors of the past
'Ravi Shastri told me he would go miles, and pay, to enjoy Vishy make 20 than to watch someone scoring an inelegant, laborious, 200.'
One can expect that the formation of Telangana will have more positives than negatives. The 'Telangana effect' has already prompted demands for a separate Vidarbha and break up of Uttar Pradesh. This needs to be considered seriously as this can only lead to deepening governance, says Colonel (retd) Anil Athale.
The underlying tone of a call for separate Mumbai city is always seen as a class war and a linguistic war, says Neeta Kolhatkar
Article 370 is an anachronistic decree that has outlived its utility, militates against India's sovereignty, and discriminates against both Indians and Kashmiris by mutually excluding each other from syncretic growth. It is redundant, can be debated and constitutionally discarded, says Vivek Gumaste.
'The BCCI is -- and always has been, across successive dispensations -- allergic to criticism.' 'It has used the 'control' it enshrines in its name to destroy anyone who has dared to point fingers at its functioning,' says Prem Panicker, the distinguished cricket writer.
Deployment of THAAD in South Korea could unfold a new cataclysm in the Korean Peninsula with unwelcome prospects.
It isn't Rajan ignoring money as much as it is Bernanke ignoring capital and exchange rates.
'There is perfect coordination between them,' Vice-President Hamid Ansari said when Rediff.com asked what differences he had noted between Raul Castro and his elder brother. 'Commandante (Fidel Castro) remains the undisputed leader of the revolution.'
Rediff.com's Prasanna D Zore and Uttam Ghosh/Rediff.com travelled 650 km in Chhattisgarh's Sukma and Bijapur districts to report on the situation that exists 11 days after the Burkapal ambush, where 25 CRPF troops were killed by the Maoists.
From Narendra Modi's victory in 2014 to the Nitish-Lalu triumph in 2015 and delivering Assam to the BJP in 2016, young and very professional strategists have startled politicians and the media.
With the Indian Space Research Organisation set to launch the Mars Mission on November 5, Chairman K Radhakrishnan, in an interview with Praveen Bose, talks about the complexities, the challenges and the benefits of the Rs 450-crore mission.
By throwing food at poverty that is result of faulty economics and lack of jobs, one is only trying to suicidal path.
The automobile segment is our preferred area, and old favourites such as Tata Motors, Bajaj and Maruti Suzuki continue to entice us.
Young, ambitious workforce learns skill degrees come with no guarantees.
Forty years after the declaration of Emergency by Indira Gandhi, the Sunanda K Datta-Ray recalls life when civil rights were suspended and press censorship was in force
'The overall stress on asset quality is indeed coming down.'
Biden said, "One of the reasons why President Obama called our relations with India, quote, "a defining partnership of the century ahead" is that India is increasingly looking east as a force for security and growth in Southeast Asia and beyond."
'Decisions on nuclear power have so far been taken by a small select group, primarily interested in profiteering from their actions, stating 'secrecy' as necessary from the national security point.' 'This argument is false, because we are dealing with the 'civilian' nuclear power sector, which is open even to the IAEA,' says Dr A Gopalakrishnan, former chairman of the Atomic Energy Regulatory Board.
'Until India fully absorbs the fundamentals of international relations, it will continue to get evil for good,' says Brahma Chellaney.