The group of ministers on telecom will hold its first meeting on Thursday to resolve the contentious issues in the sector, including the prolonged fight between the cellular and basic operators over WLL mobile services.
The government on Thursday ruled out any cut in interest rates on Employees' Provident Fund this fiscal from the present 9.5 per cent, but said it would be reviewed only next fiscal based on the surplus position, Labour Minister Sahib Singh Verma
The implementation of conditional access system in Delhi has been deferred till after the assembly elections, Information and Broadcasting Minister Ravi Shankar Prasad said on Monday.
Industry chambers on Monday said though the stock markets dipped heavily, the fundamentals of the economy would remain unaffected and there was no need for panic following the two bomb explosions in Mumbai.
In a surprise move, Telugu film star and BJP Mahila Morcha vice-president Vijayashanti said she had rejected the party's offer for nomination.
A Bill to give effect to the policy of corporatisation and demutualisation of stock exchanges is in the pipeline, Finance Minister Jaswant Singh informed the Rajya Sabha on Tuesday.
The government will move fast towards a more liberal forex regime in the backdrop of a record foreign exchange reserves of 68 billion dollar and fresh inflow of $500 million a week, Finance Minister Jaswant Singh said.
Samajwadi Party chief Mulayam Singh Yadav refused to offer any comment when asked what was his perception about the UNPA's meetings with the leaders of various political parties.
If life has become a little less taxing, thank the reform measures initiated by Finance Minister Jaswant Singh in tax administration.
Office of Profit: BJP against diluting spirit of statute
Several leaders arrived at the former PM's residence and remembered his contribution to the country.
Members of Parliament (MPs) across the political spectrum have written to the Prime Minister's Office (PMO) and the Central Vigilance Commission (CVC), seeking a probe into a stake sale deal between Jet Airways (India) Ltd and Gulf-based carrier Etihad Airways.
The government on Friday cleared 21 foreign direct investment proposals envisaging Rs 35.55 crore (Rs 355.5 million) investment, including Rs 27 crore (Rs 270 million) proposal by Advanced Mineral Asia Pte.
"Advani, Fernandes and Yeshwant Sinha are trying to target me to make scorpene deal an election issue."
Bharatiya Janata Party chief M Venkaiah Naidu and Union Finance Minister Jaswant Singh were also present at the prime minister's Race Course Road residence when the discussion took place.
The government on Tuesday cleared 23 foreign direct investment proposals worth Rs 63.41 crore (Rs 634 million).
Parliament on Tuesday completed the three-stage Budget exercise with Rajya Sabha returning the Finance Bill, 2003 after Finance Minister Jaswant Singh promised to move towards simplified 'Green Channel Tax System' based on trust.\n\n\n\n
This followed an angry outburst of the former Madhya Pradesh chief minister at a party meeting that was being telecast live on television.
His name for the post was proposed by outgoing BJP chief Venkaiah Naidu and seconded by the Leader of Opposition in the Rajya Sabha, Jaswant Singh.
They met to finalise the resolution to be adopted at the conclave and decide on a new team.
The government said on Tuesday that the total default of public sector undertakings towards their workers stood at Rs 2082 crore (Rs 20.82 billion) and it was taking steps for redressing the grievances of the employees.\n\n\n\n
Proposals of Principal Financial Group, South African Breweries, AB Electrolux and Caterpillar Inc were among the 52 foreign direct investment cases totalling Rs 321 crore (Rs 3.21 billion) approved by the government on Thursday.
Jairam Ramesh, said Finance Minister Jaswant's Singh's maiden endeavour had failed to address the problem of deceleration of economic growth, which had not risen beyond five per cent during the last five years.
The Naresh Chandra Committee has observed that the physical strength of the Department has not kept pace with the increased strength of companies in India
Institute of Chartered Accountants of India has suggested a four-tier income tax structure for individuals, abolition of surcharge, a 30 per cent corporate tax and a scheme for taxing agriculture income by putting it in the Union List.\n\n\n\n
Parliamentary Affairs Minister Ghulam Nabi Azad said Khan emerged as the consensus candidate following talks with the leaders of all parties, including those part of the opposition National Democratic Alliance.
