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Railways, rural infrastructure, urban rejuvenation, solar and transmission and distribution of electricity are the new priorities, says Vinayak Chatterjee.
The government will give a final shape to its proposed flagship scheme on developing '100 smart cities' next month.
Long-term capital gains tax may be scrapped and the burden of dividend distribution tax could perhaps be shifted from companies to shareholders. Also, the Budget could provide income tax relief for the salaried classes, while proposing tax sops for small, medium and micro enterprises.
The Congress, however, said it wanted to see the final print on the wording of the dispute resolution mechanism before committing its support to the Bill
Flight of high-paying banking jobs to other European cities will hurt the prospects of Indian real estate developers and desis in the hospitality business in the UK, says Kunal Bose.
This finance minister has come of age. That's not condescension. It is a praise, says Omkar Goswami.
Congress engaging in a 'false show of jubilation', said Amit Shah.
These have to be passed in this session to meet the September 15 deadline for switching over to the new indirect tax regime, Jaitley said.
Opposition parties in Parliament on Monday vociferously protested the "snooping" on Rahul Gandhi, with the government dismissing their contention saying they were making a "mountain out of what is not even a molehill", leading the Congress to walk out of Rajya Sabha.
Parliament proceedings were washed out for the fifth straight day, as members from parties including the Telugu Desam Party and the All India Anna Dravida Munnetra Kazhagam, continued their protests on various issues.
The Delhi high court called the anti-Sikh riots case "communal frenzy" after the then prime minister Indira Gandhi was assassinated by her bodyguards.
The year 2014-15 could well go as one of long-pending financial sector reforms, expected to have a lasting impact.
Ramesh says that since the attitude of the Narendra Modi government is deliberately provocative and confrontational, it should not expect cooperation from the Congress.
Parliament on Wednesday saw a washout as the Opposition aggressively pressed for ouster of Sushma Swaraj, Vasundhara Raje and Shivraj Singh Chouhan, rejecting the government's offer for a debate.
Prasanna D Zore/Rediff.com reports on the chaos facing taxpayers with the income tax department making changes to ITR 2 and 3 forms just before tax-filing deadline.
Budget fails to cheer realty players.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Both Houses were adjourned multiple times as Opposition members kept on shouting slogans against the PM.
The Enforcement Directorate arrested Yes Bank founder Rana Kapoor under money-laundering charges in Mumbai in the early hours of Sunday, officials said. The banker was held under the provision of the Prevention of Money Laundering Act (PMLA) around 3 am as he was allegedly not cooperating in the probe, they said.
Prime Minister Narendra Modi has been voted as the seventh most popular leader in the world in a new poll topped by US President Barack Obama.
Released on Friday after his detention under the stringent Public Safety Act (PSA) was revoked, former chief minister Farooq Abdullah drove from his residence to nearby Hari Nivas where his son, also a former chief minister, has been held first under preventive custody since February 5 under the PSA. The two warmly embraced.
In the broader market, the S&P BSE Midcap and the S&P BSE Smallcap indices gained 0.5% and 0.4%, respectively.
The Shiv Sena on Monday slammed the Congress for fielding former Union minister P Chidambaram from Maharashtra for the Rajya Sabha poll, saying the party has "damaged itself by foisting him on the state".
Former Finance Minister P Chidambaram is Congress nominee from Maharashtra for the biennial elections to Rajya Sabha while senior leaders Kapil Sibal and Jairam Ramesh have been named from Uttar Pradesh and Karnataka respectively.
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.
Full list of the rejigged Union Council of Ministers
Unlike RIL, the Adani group has not yet brought in any big stakeholders to refinance debt or expand.
Liquidity issues post the crisis at DHFL, progress of monsoon, rupee trajectory at the domestic level and oil prices are some factors that will keep markets choppy, analysts say.
Most borrowers of loans against property pin hopes on future cash flows from their business, but in case of failure to repay the loan, the lender can repossess the property and sell it.
'The dragon is Narendra Modi. While it may be harsh -- a tad -- to say that it was sleeping, it is fair to say that the government's approach in tackling corruption cases was lackadaisical.' 'By choosing corruption as an issue the Opposition has goaded the Treasury benches to return fire -- and the BJP has more potent ammunition,' says T V R Shenoy.
Hitting back at Arvind Kejriwal over the DDCA row, Finance Minister Arun Jaitley on Thursday accused him of spreading "false propaganda", saying he seems to believe in untruth and defamation and delivers a language that borders on hysteria.
The major thrust is towards Technical and Economic Cooperation.
For the wealthy, post-tax returns of debt funds would work out better
The Congress members raised slogans and trooped into the Well of the House, demanding apology of the minister.
The Budget touches a few highs and lows as far as personal finance is concerned, and one needs to be aware of them in order to optimise on one's investment plans.
'We need to look beyond the current approach'.
After the 18-member 'Assam Advisory Committee' suggested the two organisations to form a political party, a source close to the development said the new outfit will be launched within the next 10 days.
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