Tamil Nadu's latest budget offers path-breaking initiatives and major boost for social infrastructure, which other state governments are sure to follow in the coming years, predicts N Sathiya Moorthy.
In an affidavit filed by Union finance ministry on behalf of the Union of India, it said that the relief to all borrowers in respect of compounding of interest during the period of moratorium would be admissible to the categories specified irrespective of whether the borrowers had availed the moratorium or not.
This is in addition to 43 countries which received approval last year.
Moving ahead with the economic reforms, the Cabinet tonight cleared the long-delayed proposal for raising FDI limit in defence to 49 per cent and fully opened up the railway infrastructure segment, like high-speed trains, for foreign investment.
Australian authorities scrambled on Sunday to file a legal defence of their decision to bar entry to tennis world number one Novak Djokovic over his COVID-19 vaccination status, as the Serbian superstar spent his fourth day in immigration detention.
The expansion was the first by Sarma since he assumed chief ministership of the state about 13 months ago.
Manmohan Singh, reveals the former President, was keen that either P Chidambaram or Montek Singh Ahluwalia be the finance minister.
"Grassroots democracy must get precedence than any other considerations, including security," the functionary said.
Stalin has given due respect to seniority in the pecking order, but has also taken into consideration the demands of individual ministries and the suitability of individuals, observes N Sathiya Moorthy.
Meanwhile, Union Home Minister Rajnath Singh said the state governments have been asked to identify Rohingya refugees in their regions and collect their biometric details.
The Bharatiya Janata Party on Thursday scoffed at reports that it was trying to lure MLAs of other parties to form government in Delhi, saying the party has never indulged in horse-trading and will not do so in future.
The broader NSE Nifty also settled lower by 23.10 points, or 0.19 per cent, at 11,922.80.
To capitalise on the proposed changes in the Budget and the information on black money available with the government, the government is revitalising the economic intelligence council (EIC) headed by finance minister Pranab Mukherjee.
India does not have a unified regulatory regime to counter Ponzi, or pyramid, schemes whose operators typically grab new deposits to meet their promise of guaranteed returns to existing savers, point out Manoj Kumar and Mayank Bhardwaj.
It was also suggested that an all-party delegation should visit Kashmir to assess the situation but the government did not make commitments regarding any of their demands.
Finance Minister Pranab Mukherjee is cutting short his visit to Washington and rushing to New York to meet Prime Minister Manmohan Singh, amid a storm back home over his ministry's note to the prime ministers on the 2G scam.
Kumaraswamy also ruled out any differences among JD-S MLAs over cabinet berths and allocation of portfolios.
'It is a package for a new self-reliant India.'
The long-time Congress leader and seven-time parliamentarian had tested positive for COVID-19 at the time of his admission and was being treated for a lung infection.
Amidst an uproar over creation of Telangana, the government on Monday told Parliament that a Cabinet note is being prepared to go into substantive and procedural issues concerning formation of the new state.
Roland Folger has told the ministries concerned that they are cutting India off from the rest of the world by making it a highly protected market, the Mercedes Benz India CEO & MD tells Ajay Modi.
Uttar Pradesh Chief Minister Akhilesh Yadav on Sunday kept the bulk of ministries, including the key Home and Finance, with him.
The Assam government has set up an eight-member committee to prepare a framework for implementation of all clauses of the 36-year-old Assam Accord, especially the Clause-6 report prepared by a central panel pertaining to protecting the cultural, social and linguistic identity and heritage of the indigenous people, officials said on Saturday.
'You cannot fight a disease as complex as COVID-19 without a carefully calibrated, localised response.'
Is it a divine, sacrosanct university, a holy cow, prohibiting human intervention?
The home minister will also discuss cross border terrorism in Jammu and Kashmir and growing activities of ISIS in the country and its neighbourhood.
A task force will speed up the recalibration of 200,000 ATMs so these can dispense the new Rs 2,000 notes.
Recent investigations into the telecom spectrum and coal scams have made bureaucrats very wary of taking decisions.
'Both reflect prejudice and short-sightedness peculiar to Mr Modi's way of thinking.'
There are no regulations governing virtual currencies in India and the RBI has not given any licence to any entity/company to operate such currencies.
The Supreme Court asked the Centre and the RBI on Monday to place on record the K V Kamath committee recommendations on debt restructuring in view of Covid-19 related stress on various sectors as well as the notifications and circulars issued so far on loan moratorium.
"There is a need to apply balm to the wounds of Kashmiri people," she said.
In order to implement big ticket ideas which are likely to come via the Budget of 2015, Modi needs better political talent around him, says Sheela Bhatt/Rediff.com.
The former finance minister's only child was arrested at Chennai airport.
With the Budget Session starting on stormy note due to disruptions by Opposition on the issue of price rise and rail fare hike, the Parliamentary Affairs Minister said the government was ready to discuss all issues including price rise but under appropriate rules.
The Opposition in the Pakistan Punjab assembly on Tuesday staged a walkout to protest against Saeed's detention.
Sinha, a former finance minister, hogged the limelight and started trending high on social media on Wednesday morning, after he criticised his own government for sinking the economy, in an article he penned for The Indian Express.
Some of the disclosures in the ITR form, under review at present, increases procedural hassles for expats
The new system will allow all government employees to mark their attendance from any central government department, by entering a six-digit unique number, besides finger prints or iris scan.
Congress President Sonia Gandhi had a meeting with Prime Minister Manmohan Singh on Wednesday. The meeting comes amid speculation in party circles that an expansion-cum-reshuffle of the Union Cabinet could be carried out soon.
