There is much work to be done to design a good GST.
The shift was sudden, quite unlike Shukla's departure from North Block, which had been anticipated for some months even before Singh''s first Budget.
India's real risk is not that crony populism would fail, but that it would succeed, consolidating a path that is fundamentally a trap, both in terms of social inequalities and long-term growth, says Michael Walton.
The options include involving jewellers as collection centres, addressing of issues that banks have been facing and using domestically available gold for giving metal loans to jewellers for domestic sales.
The government is moving ahead slowly but steadily.
Jaitley said the Congress party which ruled the country for decades is out of sync with the ground realities and aspirations of India as it exists now.
I am not a fool to say that everything is well, said Karnataka Home Minister G Parameshwara on a clean chit to the rights advocacy group.
Even if the same party returns to power, what is important to debate is that having introduced an entitlement, how challenging it is to reverse such decisions, says Mukesh Butani.
Implementation of GST is expected to increase the gross domestic product of the country.
'Only when China treats India as an equal can we consider them real friends.'
Former India captain Sourav Ganguly will take over as the 39th BCCI president on Wednesday, but he will have a curtailed tenure of around nine months as he would need to demit office by the end of July, next year as per the provisions of new constitutions, which makes 'Cooling Off' period mandatory after six years in office.
The momentum created by the landslide victory of the ruling party should be utilised to carry forward reforms in the legal field, says M J Antony.
The Gomti Riverfront Development project, the Agra-Lucknow Expressway, the Jai Prakash Narayan International Centre and the efforts towards the beautification of Old Lucknow are some of Akhilesh Yadav's initiatives that are the subject of investigation.
The direct tax collections are likely to fall short of the revised Budget target by Rs 650 billion and, in fact, were Rs 150 billion lower than the original estimate for the fiscal
The government of Maharashtra has decided to acquire the 2,050 sq ft three-storey house in London where Dr Babasaheb Ambedkar once lived.
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.
The top court said former Supreme Court judge A K Patnaik will oversee the CVC inquiry.
Here's everything you need to know about the Goods and Services Tax Bill.
The AIIMS administration has initiated an internal inquiry to look into the cause of the fire and further strengthen preventive measure.
Finance ministry's drive is meant to meet fiscal deficit target and improve overall efficiency in government spending.
'Breaking down silos and ensuring a more integrated governance process is just as important to performance.' 'It has been a major priority in the last six years, especially in national security,' External Affairs Minister Dr Subrahmanyam Jaishankar points out when delivering the Sardar Patel Memorial Lecture-2020: India and the Post-Covid World.
Jaitley's team presents a quintessential mix of foreign-educated, intellectual technocrats and seasoned bureaucrats
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.
'What made him different was that he was not a banker at all by temperament.' 'He was a businessman, a typical lalaji at that.' 'He had to win at any cost.'
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.
For India to be atmanirbhar, domestic manufacturers cannot remain merely assemblers of imported parts. Manufacturing in India cannot survive on support of imports forever.
Market watchers believe that the change in guidelines fly in the face of some of the recent initiatives taken by the government, such as easing norms for foreign portfolio investors.
While efforts are being mounted on a war footing to arrest its spread, COVID-19 will impact economic activity in India directly through domestic lockdown. The second-round effects, it said, would operate through a severe slowdown in global trade and growth.
On the other hand, 16 or half of all states and Union Territories account for only 3 per cent of all exports.
Russia asks World Athletics to postpone decision on possible expulsion.
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.
Govt tells PSBs to integrate banking systems, rotate staff as a policy
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.
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.
If imputed inflation for April and May is used, then you have inflation of over 6 per cent for two consecutive quarters, which is a worrying signal for the RBI.
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.
The Panama verdict will decide how Pakistan handles its leadership problems.
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.
