Finance ministry's drive is meant to meet fiscal deficit target and improve overall efficiency in government spending.
We must see New Delhi's position as a signal of competition to the Chinese grand design for the 21st century world, says Nitin Pai.
On the other hand, 16 or half of all states and Union Territories account for only 3 per cent of all exports.
Bharti Airtel and Vodafone Idea have communicated to the telecom department that they will not pay AGR dues of Rs 88,624 crore, the deadline for which ended on Thursday, and will wait for the outcome of modification petition listed for hearing before the Supreme Court next week, according to official sources. Reliance Jio on Thursday paid Rs 195 crore to the telecom department to clear all adjusted gross revenue dues accounted till January 31, 2020, according to an official source.
Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark.
Law Minister H R Bhardwaj told delegates that the Centre also plans to introduce a bill in Parliament to set up mobile rural courts known as 'Gram Nyayalayas' to make justice available at doorsteps to people in villages.
'Education is disconnected from social reality and does not even attempt to solve the real problems of our country,' observe Peehu Pardeshi and Sandeep Pandey.
Jaitley's team presents a quintessential mix of foreign-educated, intellectual technocrats and seasoned bureaucrats
Govt tells PSBs to integrate banking systems, rotate staff as a policy
Nurses in government hospitals across the country on Saturday called off their indefinite strike after reaching a compromise with the Centre, in a major relief for Delhi and some other cities battling rising cases of dengue and chikungunya.
Olympic officials have showered praise on South Korea's Winter Games organisers for staging a successful event against the odds, but they have also left it with a warning: don't leave any white elephants behind.
India is expected to sign Double Taxation Avoidance Treaties with more countries as part of measures to ensure smoother international trade, a senior finance ministry official said on Wednesday.
IS-Khorasan was sanctioned for its links with Al Qaeda and involvement in several deadly attacks in Afghanistan and Pakistan that killed over 150 people.
The Panama verdict will decide how Pakistan handles its leadership problems.
Round-tipping creates the opportunity for exporters to source funds at a much cheaper cost, which they divert to some other business.
While digitisation and automation have made internal processes more efficient, front-end products are being enhanced digitally through robotics, artificial intelligence and botchats.
In a further escalation of the confrontation between the Congress and the government, the opposition party claimed that a committee constituted by the Delhi government has found 'gross financial irregularities' in the DDCA during that period.
Also on the anvil is abolition of distinction between Plan and non-Plan expenditure and replacing it with capital and revenue expenditure
A kidney transplant can improve the quality and longevity of life, says Shruti Tapiawala.
'The Modi government must create conditions to integrate millions into the rural economy as many migrants are certainly not going to return to live an undignified life,' notes Ramesh Menon.
Unlike the 2012 manifesto, the BJP has chosen not to make any extravagant promises.
Saudi Arabia's deep pockets and a strong financial system could help the country to ride out a low-price environment in order to protect its market share.
As 32 states and Union Territories imposed complete lockdown till March 31, the Centre asked them to clamp curfew wherever necessary in the wake of people defying lockdown orders.
Decreasing the height of Shivaji's statue to make Sardar Patel's statue look taller is 'narrow and distorted mindset', the Sena said in an editorial in party mouthpiece Saamana.
There was a massive 24% decline in India's gems and jewelry exports to $2,321 million for September 2018 as against $3,053.38 million in the same period last year.
Gaurav Mehta, one of 100 'Young Global Leaders', is tapping entrepreneurs inside rural Indians.
Insurance coverage for deposits in non-banking finance companies is unlikely to be provided as Reserve Bank of India has expressed reservations over the move.
A final call will be taken by Congress president Sonia Gandhi on Thursday.
The finance minister defended the change in the tax rates.
Court documents show that the Kerala government, whose case was treated as the 'lead case' among all the petitions filed against Adani, made four allegations to convince the court to cancel the contract for the Thiruvanathapuram airport. The state's legal team couldn't substantiate most of these allegations with documentary proof and its self-defeating arguments in court failed to convince the judges to cancel the contract given to Adani. The battle for the Thiruvananthapuram airport between the Communist-led Kerala government, the Adani group and the Modi government over the past year hasn't had a dull moment since the proceedings began. Claims of a smoking gun turned out to be a damp squib, says Sai Manish.
The culture of these firms is alien to the Indian financial system. Distressed assets funds are known for their ruthless recovery ethics. Slicing and dicing a company and selling it on a piecemeal basis is their usual practice. This is something Indian banks are finding a little uncomfortable.
By Thursday, 830 confirmed cases of pneumonia, caused by the novel coronavirus (2019-nCoV), had been reported in 29 provincial-level regions in the country.
The proposed exchange is likely to be almost as big as Mumbai's Bharat Diamond Bourse, now said to be fully occupied.
Decades apart, but the drama linked to the two appears similar, says Nivedita Mookerji.
International Monetary Fund on Friday warned the Centre of high fiscal deficit that could come in the way of sustaining high growth in the economy, which clocked 8.4 per cent rise in the second quarter of 2003-04.
The Centre has asked the state governments to nominate cities and towns for inclusion under Smart Cities Mission as the first stage of the competition has started.
India to hold one-to-one meetings with global counterparts to trace blackmoney.
The Supreme Court had ruled in Vodafone's favour in 2012.