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The power of a nation is directly related to the revenues it realises from its citizens. But India loses a gargantuan Rs 5.8 lakh crore, as the IT department drags its feet over recovering uncollected taxes in time or holding up files in appeal cases, says Mohan Guruswamy.
Thousands of defence personnel are working overtime to rescue lakhs of people still stranded in the floods in Jammu and Kashmir.
Minister of State for Shipping Pon Radhakrishnan said the vessel had more than 32,000 tonne of oil and has been emptied.
Prime Minister Narendra Modi on Wednesday "strongly disapproved" incidents of vandalism of statues in certain parts of the country and spoke to Home Minister Rajnath Singh on the matter.
'Understand one thing, if you want immediately and magically that things should become cheap, it's not possible. It's a long-term policy.' 'Inflation is linked to the storage system and with the production system. Whenever production rises, prices go lower. So if we store when the prices are low and release them when prices rise, prices can be maintained.' 'The problem is that in our country fruits and vegetables worth Rs 110,000 crore go to waste as they rot. And grains worth Rs 85,000 crore rot. So the storage system is another big reason for inflation.' Union Transport Minister Nitin Gadkari in an exclusive interaction with Sheela Bhatt/Rediff.com
For some inexplicable reason, the army prefers to use Russian armour; Arjun is deployed in only two of its 63 armoured regiments.
With an aim of boosting manufacturing and exports amid sharp fall in the rupee, the government has decided to take a slew of steps, including enhancing steel production capacity to 300 million tonnes and raising textile exports by 30 per cent this year.
The challenges authorities face in cleaning Ganga and other holy rivers in Varanasi.
Of the five towns planned, work is progressing in two, Dasve and Mogao.
In a Q&A with Doordarshan, Jaitley discusses how he chose the areas on which he would spend more.
India is experiencing jobless growth and skepticism abounding that the country may not be able to cash in on its demographic bonus
Creating many more half-decent jobs for the 10 million plus new entrants to the labour force each year must surely constitute the primary development challenge for India today.
The GST has been a great achievement, but it does suffer from weaknesses, says Chief Economic Adviser Arvind Subramanian.
'While economic ties are making incremental progress, it is in the security and strategic domains that the India-Japan synergy is more compelling,' says Dr Rajaram Panda.
Volkswagen AG said a scandal over falsified US. vehicle emission tests could affect 11 million of its cars around the globe.
Late on Monday, Volkswagen's U.S. chief Michael Horn said the company had "totally screwed up" and promised to make amends.
An airport in Noida could lead to higher user fees and diversion of traffic from Delhi, which has huge unused capacity.
Scheduled to be completed in 2016, the 4.94 km rail-cum-road bridge, India's longest bridge, will come up across the mighty Brahmaputra at Bogibeel in Assam. It is not only expected to be a lifeline for the Northeast, but will also strengthen the country's security.
'India does not wish to remain silent in improving its strategic space so that its leverage to counter China's expansionist designs is maintained, besides enabling it to play a responsible role from a position of strength for peace and stability in Asia,' points out Dr Rajaram Panda.
The kind of people Narendra Modi has chosen, the decisions he has taken and the rail and central budgets suggests that he is treading carefully in New Delhi. There is less of innovation and more of continuity, so far. He is not ready to rock the boat and start from scratch, says Sheela Bhatt.
New Delhi and Beijing are the only two regional capitals that have commented on US President Donald Trump's speech on August 21 outlining the way forward in Afghanistan. The Indian foreign ministry statement was effusive in praise, while the Chinese statement has been one of cautious and guarded hope. Delhi has identified itself with Trump's Afghan strategy, whereas the Chinese stance is calibrated -- observant and objective, keeping a distance, says Ambassador M K Bhadrakumar.
She needs to find innovative ways to at least match the growth during Gehlot's rule.
Jaitley has managed the difficult feat of sticking to the fiscal correction.
With the Maharashtra government doling out pieces of the lush green Aarey forest to various utilities, the tribals living in it for generations are feeling increasingly insecure. Hepzi Anthony reports.
By revising the India-Bangladesh land boundary agreement, the NDA is going for short-term gains and losing the long-term perspective, says Gautam Sen.
According to the draft, in the northeastern states the threshold is at Rs 500,000.
N Sundaresha Subramanian, Karan Choudhury and Shreya Jai report on the sorry condition of homebuyers who invested in Jaypee Infratech and the Amrapali group's Noida-based projects.
Let Bihar be damned under its contradictions of having gone 'dry' and then having been submerged under flood, which is a recurrent phenomena? After all it is a godforsaken land, having lost its promises of overcoming its problems, says Mohammad Sajjad.
'Judging by the conduct of two governors of Kerala and one governor from Kerala, Congressmen treated Raj Bhavan as a transition point before taking a flight back into active politics.'
Once called India's garden city, this upper middle-class residential area in Bangalore has India's most toxic air, says Devanik Saha, IndiaSpend.com.
For the first time in our economic history a government has thought about more than 50 per cent of our economic activity instead of the five per cent represented by the Sensex companies, observes IIM-B professor R Vaidyanathan.
Indian economy about to take-off
'The government must understand that the Indian Railways is like a Kamdhenu cow. It can look after your GDP, it can look after the health of the nation. But the Kamdhenu cow also needs nourishment.' 'You have not at all looked after the Indian Railways, you have ill treated the Indian Railways, you have mistreated the Indian Railways and you have given the Indian Railways step motherly treatment.' 'I don't think this government has understood the Indian Railways.'
Here's everything you need to know about the Goods and Services Tax Bill.
The industry's reactions to the Budget have been mixed.
Maharashtra Finance Minister Sudhir Mungantiwar speaks to Prasanna Zore/Rediff.com.
President Pranab Mukherjee on Monday addressed the first joint sitting of Parliament as mandatorily required under the Constitution after the general elections. The address is the political, economic and foreign policy road map of the Narendra Modi government and covers virtually all crucial areas.
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