The Uttarakhand high court on Tuesday ordered a floor test in the assembly on March 31, giving a new turn to the political events in the state where President's Rule was imposed on Sunday.
The Rajya Sabha on Thursday approved a bill to raise the foreign investment limit in the insurance sector to 74 per cent, with Finance Minister Nirmala Sitharaman saying while control will go to foreign companies, the majority of directors and key management persons will be resident Indians who will be covered by law of the land.
'The government's projections for 2019-2020 will be disappointing big time.'
Rs 28,117.23 crore has been made available so far by the Centre for 30 schemes out of special package of Rs 1.25 lakh crore for the state announced by Prime Minister Narendra Modi.
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is the world's main banking messaging service which links around 11,000 banks and institutions in more than 200 countries, including India.
While speaking of taxation, Sitharaman also quoted Sangam era Tamil classic's Yaanai Pugundha Nilam written by Pisirandhayar in Purananooru.
Mahindra MF, which began operations in July 2016, is currently a bit-player and placed 31 among 42 fund houses, with assets under management of about Rs 4000 crore
Congress members trooped into the Well of the House, raising slogans against the government and Prime Minister Narendra Modi after Leader of the House and Union Finance Minister Arun Jaitley said no discussion other than on proclamation of President's Rule in Uttarakhand can take place.
In her fourth tranche of the economic package, she said commercial mining will be done on revenue sharing mechanism instead of the regime of fixed rupee/tonne.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The finance minister could not take the oath earlier in Parliament due to his ill-health.
Sidhu asserted that he will continue to appear on The Kapil Sharma Show.
To make possible discretionary spending including capex and that on welfare, the government decided to borrow more than planned in FY21 -- Rs 12.7 trillion.
Prime Minister Narendra Modi has started holding interactive sessions with his party MPs at which he wants them to open up. R Rajagopalan/Rediff.com reports on an unusual political exercise.
From note ban result to Delhi's next L-G, a few things to look forward to.
The former union home and finance minister also alleged that the BJP-led National Democratic Alliance government would not have taken the bold decision had Jammu and Kashmir been a "Hindu-dominated" state.
Chidambaram, who was accompanied by police personnel in the police bus, was put in a special cell in the Asia's biggest prison complex as per the orders of the CBI court.
'The fact that housing units worth a whopping Rs 4.5 lakh crore in top seven cities are stuck under various stages of non-completion indicates that there is a dire need to create stress-asset fund which will help bail out lakhs of distressed homebuyers,' says Anuj Puri, Chairman, Anarock Property Consultants, a real estate services company.
The finance minister also said that the merger would not result in any retrenchment but rather improve the benefit of the employees.
Speaker Om Birla he will hold a meeting with leaders of all parties and then take a decision.
It emphasised that agricultural infrastructure needs considerable investments and hence Section 80IA benefits must be extended to all such investments like IT infrastructure, computers, VSAT, solar panels, water harvesting facilities, storage etc.
'Even before the outbreak of the flu, it had become clear that the tax revenue numbers for 2019-2020 were overestimated,' observes A K Bhattacharya.
The President may not have agreed with the government on many occasions. Not once was this ever made public -- though he told off ministers in private.
The Modi government wants to have a smooth relationship with the DMK government.
The Supreme Court's decision to take up the case on Friday without granting him any interim relief, put to rest all the strategies being worked upon.
Budget-makers in North Block are looking to maintain this fiscal status quo, in spite of tax revenues nowhere close to where the government wants and in spite of possible higher expenditure commitments.
Union ministers said Parliament passing over two dozen Bills was evidence of increased productivity of Narendra Modi government 2.0.
The central government has agreed in-principle to Air India employees' main demands. It fears an industrial dissension now could impede the process of privatisation. It has agreed to bear the cost of liquidation loss on account of transfer to the Employees' Provident Fund Organisation (EPFO) from company-owned trusts, inclusion of employees in the central government health scheme (CGHS), and encashment of leaves. The template of the Air India process will be followed for other public sector undertakings up for privatisation at a later date.
The vehicle scrapping policy will offer about 5 per cent rebate to those buying new cars if they junk their old vehicles, Union Minister Nitin Gadkari said in Rajya Sabha on Thursday terming it a "win-win" situation. The voluntary vehicle scrapping policy announced in the Union Budget for 2021-22 provides for fitness test after 20 years for personal vehicles while commercial vehicles would require it after the completion of 15 years. "The 'Voluntary Vehicle-Fleet Modernisation Programme' or 'Vehicle Scrapping Policy' will offer a rebate of about 5 per cent to buyers on new car purchases in lieu of scrapping of the old.
The first Budget of Independent India was presented by R K Shanmukham Chetty on November 26, 1947.
The Union Budget for 2017 is likely to be presented on February 1. An approval for merging the Railway Budget with the General Budget was accorded by Finance Minister Arun Jaitley on Monday.
Overall, small savings have amassed Rs 1.17 trillion from April-September - 26 per cent more than the previous year. But in those six months, the economy lost 24 per cent in the first three months, and is slated to lose 10 per cent in the second quarter.
Jaitley began his speech by saying that today is the auspicious day of Basant Panjami and that "spring is the season of optimism".
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.
Mungantiwar also dismissed rumours that Union minister Nitin Gadkari may be appointed as the state's chief minister.
Finance minister attempts a clean-up job, keeps projected expenditure growth low.
The government should have mentioned clearly the specific structural reforms that were responsible for the deviation from the fiscal deficit target by half a percentage point, says A K Bhattacharya.
The BJP threw a counter punch, claiming that the Gandhi family tried to help Mallya's floundering Kingfisher Airlines in 2011-12.
Sitharaman does away with loans from National Small Savings Fund to Food Corporation of India.
Naidu asked members to keep the prestige and the decorum of the House and said they should feel privileged to be in this House because of the people's trust on them.
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