President Pranab Mukherjee on Thursday cautioned that poor cannot wait for long and they need to get succour "here and now", in remarks that come against the backdrop of demonetisation which, he said, may lead to temporary slowdown of economy.
Retired banker P Balagopala Kurup says one of the reasons he favours inflation targeting is that its first priority is to insulate the lesser fortunate citizens from adversity and in the process to ensure that the economy retains its inherent vibrancy and strength.
Nifty50 surged 145 points to close at 8,468 after hitting an intra-day high of 8,475.
However, investors have turned cautious over the likelihood of Britain leaving the European Union.
The failure to reform has meant that there is no buzz about job opportunities, or about urban opportunities enticing young people off the farms. And it is this failure that has contributed to the widespread disappointment that threatens to make the next general elections closer than expected, says Mihir S Sharma.
A provision of Rs 15,000 crore has been made in the budgetary estimate of 2016-17 towards interest subvention.
The bill was taken up for consideration in the Lok Sabha after the Speaker rejected Opposition demands to refer the key reform measure to a parliamentary Standing Committee.
Food prices are also expected to move up due to the poor monsoons.
The Budget has unveiled measures that should now pave the way for India to progress from Make in India to 'Innovate in India'.
The prime minister made the reference about the functioning of the Parliament against the backdrop of the virtual washout of its Monsoon session over various issues.
All evidence suggests that the US Federal Reserve will raise interest rates soon.
Worse still, the cities ranked second, third and fourth for their poor air quality are also in India.
Calling India an indispensable partner for the 21st century, United States Secretary of State John Kerry said on Monday the dynamism and entrepreneurial spirit of this bilateral relationship is needed to solve some of world's greatest challenges.
The 1971 war reaffirmed the importance of inspirational senior leadership in battle and heralded the emergence of a new fighting class amongst officers and men of India's armed forces.
The All India Anna Dravida Munnetra Kazhagam on Monday opposed in Rajya Sabha the government move to put in place a single examination for medical and dental courses through National Eligibility cum Entrance Test
Congress vice-president Rahul Gandhi raised the issue of rising food prices in the Lok Sabha.
The scandal surrounding Lalit Modi serves as a reminder for how similar our mainstream political parties are in resisting institutional reform.
Adamant on External Affairs Minister Sushma Swaraj's resignation, Congress forced three adjournments in pre-lunch session of Rajya Sabha
Did you know that wearing tight ponytails can irritate your scalp and cause hair to fall?
Modi has the ideas for a new, hopeful India, and an idiom in which to sell optimism to voters. But he doesn't yet have the team for it, and soon enough, questions will begin to be asked by an impatient, non-ideological, I-don't-owe-anybody-anything generation of Indian voters, says Shekar Gupta.
Trouble is brewing for government in the monsoon session of Parliament, which is expected to start next month, with the Congress on Monday hinting at stacking up ammunition on issues like failure at the Nuclear Suppliers Group, terror strikes and diatribes of Subramanian Swamy.
'Not only have we rescued 1,700 fishermen but on the morning of November 30, we evacuated 1,044 fishing folk, otherwise the missing numbers would have been much higher.'
What will be the impact on the Euro itself? Will it devalue and to what extent?
As the weeks go by in this trial, it has emerged that Shyamvar Rai is that rare species of driver whose knowledge of distances, directions and routes surprisingly would not even fill the back of a postage stamp.
This analysis is based on the quarterly earnings for 724 companies.
From Dabur to HUL, here are 10 stocks with significant rural exposure in the auto, agri-chemical and fast moving consumer goods sectors, which should see an uptick in sales growth.
India is expected to cut imports by a fifth in the fiscal year.
India must focus on reforms.
Demonetisation will wipe out the likely benefits of a good monsoon this year, says Christopher Wood of CLSA.
A Reuters poll showed only one out of 51 economists had expected a 50 basis points rate cut.
The indirect tax reform Goods and Services Tax is stuck in the Rajya Sabha.
'The strategies outlined in Jaitley's Budget won't create the millions of jobs needed to dispel the despair and cynicism of militant youth in the Red Corridor running from Nepal to Tamil Nadu.'
Patna residents discuss what may happen when the EVMs are unlocked on Sunday morningwith Prasanna D Zore/Rediff.com
Year after year, floods cause mayhem in Bihar but the government is not paying adequate attention to water management.
The PM hailed the armed forces in context of Kargil Vijay Divas and paid tributes to the fallen heroes.
On Wednesday, opposition leaders boycotted Modi's latest attempt to build consensus around the issue.
Low consumer demand, a slide in investments and troubles in the banking sector should prompt the government to recalibrate taxes and expenditure. It is also important to ramp up spending on health care and education, says CII president Sumit Mazumder.
The government is being pushed by Congress president Sonia Gandhi to put the food bill on fast track as the Congress had promised a 'right to food' in its 2009 election manifesto, reports Anita Katyal
Modi sarkar took few initiatives to uplift the poor strate of society.
'Modi's visit is path breaking in the sense that India has come out of the closet and is prepared to deal with Israel openly and in a host of fields, military as well as civilian,' says P R Kumaraswamy, one of India's leading experts on the Middle-East, currently in Israel.
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