Indications are that Reddy will take charge as RBI Governor after the annual meeting of the IMF slated in late September.\n\n
India is committed to repay its high interest debt earlier than scheduled and has already paid over $3 billion, Finance Minister Jaswant Singh told the Lok Sabha on Friday.
Less than 4 days after announcing Rs 609 crore aid for cane growers of states having a state advised price regime, the Centre on Monday decided to come out with a comprehensive package which will include the non-SAP states as well.
India's total external debt stood at $101.97 billion as on September last year, Lok Sabha was informed on Friday.
At least 11 states accounting for two-third of the country's trade and industrial output are ready to introduce value-added tax from June
India, the world's largest edible oil importer, on Wednesday slashed customs duty on RBD Palm oil to 70 per cent from 85 per cent but traders here said it is unlikely to have any significant impact on imports.
The Lok Sabha approved the Union Budget for 2003-04 with some minor changes on Wednesday.\n\n\n\n
Only eight out of 16 states, which have agreed to implement Value-Added Tax from June 1, have passed legislations on the issue so far, Finance Minister Jaswant Singh said in Lok Sabha on Friday.
Government on Monday indicated the one-by-six scheme for assessing income tax will be looked into to include wireless in local loop-based mobile phones.
Finance Minister Jaswant Singh on Friday announced in his Budget speech that two separate companies would be formed to raise the airports in Delhi and Mumbai to international standards.
Standard deduction of 40% or Rs 30,000 whichever is less for salary till Rs 5 lakh, above Rs 5 lakh, 20,000.
Concerned with the inadequate availability of credit to the small-scale sector, Minister of Small Scale Industries C P Thakur on Thursday said he will soon take up the issue with finance ministry and the Reserve Bank of India.
No inflationary pressure in near future: Jalan
Vijay Kelkar, advisor to the finance minister, on Friday submitted the final reports on direct and indirect taxes to Finance Minister Jaswant Singh.
'The attacks made clear to all the Gulf States that Pakistan was the nursery and sanctuary of extremist violence and that this violence threatened all the countries in the region.'
There was no immediate reaction from the PSPL on the inclusion of Shivpal Singh Yadav's name in the SP's list of campaigners.
The internal debt of the government has increased from Rs 459,000 crore in 1998-99 to an estimated Rs 1.15 million crore in 2003-04, Lok Sabha was informed on Friday.
Budget speeches have been replete with incomprehensible and even hilarious statements, says Rathin Roy.
However, Chief Minister Vasundhara Raje and her five cabinet colleagues have won their respective constituencies.
The Bharatiya Janata Party is likely to announce the names of its candidates for over 150 Lok Sabha seats on Thursday.
Jeremy shared an interesting story behind the tattoo he wears on his left arm.
Special judge M K Nagpal said that a prima facie case was made out against the accused for framing of charge against him for the commission of various offences punishable under the Indian Penal Code (IPC).
SP chief Akhilesh Yadav and MP Ramgopal Yadav accompanied 44-year-old Dimple during the filing of nomination papers at the District Magistrate's office in Mainpuri.
As the Lok Sabha debates a no-confidence motion brought against the Narendra Modi government by the opposition, the 28th such motion to be admitted in the Lower House, data compiled by a think tank shows all previous ones have either been defeated or remained inconclusive.
Raking up the snoopgate scandal allegedly involving Narendra Modi, the Congress on Monday wondered if women of the country would like to have a person like Modi in their households, who is known for his "anti-women attitude".
P B Chandra finds out if the 'Modi wave' is sweeping the desert state as party workers have been claiming since the Bharatiya Janata Party's thumping victory in the assembly polls last year.
The Samajwadi Party on Thursday announced Dimple Yadav as its candidate for Mainpuri parliamentary seat, which fell vacant after the death of party founder Mulayam Singh Yadav.
No confidence motions have been moved in the Lok Sabha 27 times in the past, and all of them have either been defeated or remained inconclusive, data compiled by a think tank shows.
Shivpal Yadav is campaigning for Akhilesh Yadav's wife Dimple Yadav in Mainpuri seat, which fell vacant due to the death of Mulayam Singh Yadav.
Rajasthan Chief Minister Ashok Gehlot, state Bharatiya Janata Party chief Vasundhara Raje and Pradesh Congress Committee president Chandrabhan were among 861 candidates who filed their nomination papers for the Assembly elections on Monday.