The Indian government is set to accelerate reforms, including measures to enhance foreign direct investment, speed up divestment, and boost asset monetisation, to maintain economic growth despite rising fuel and fertiliser import costs driven by the West Asia crisis.
India's Central government is likely to see its fertiliser subsidy bill double to a record 3.4 trillion in FY27, up from the Budget estimate of 1.7 trillion, due to surging global fertiliser prices exacerbated by the West Asia war. This significant increase, coupled with revenue losses from excise duty cuts for oil-marketing companies, is straining the government's fiscal space, though capital expenditure plans remain unchanged.
The winter session of Parliament is set to begin with the government prioritizing its reforms agenda, including a bill to open the civil nuclear sector to private players. The opposition is expected to raise concerns about electoral roll revisions and air pollution.
Leaders of the opposition INDIA bloc met in New Delhi on Monday and decided to write to the chief justice of India on the Special Intesive Revision exercise and "vote loot", besides demanding the immediate resignation of Union Education Minister Dharmendra Pradhan over the NEET-CBSE row.
Setting the stage for confrontation in Parliament, an all-party meeting called in New Delhi on the eve of the monsoon session on Monday ended in a deadlock over controversies related to the Lalit Modi and Vyapam scam even as Prime Minister Narendra Modi offered to discuss all issues. The government ruled out any resignations.
Amid cross-voting from both ruling and Opposition ranks, the Bharatiya Janata Party-led Mahayuti on Monday swept 16 of the 17 Maharashtra Legislative Council seats from local authorities' constituencies even as Nashik delivered a surprise defeat to the governing bloc.
Watch all the happens in the two Houses of Parliament LIVE on Rediff.com
An inquiry committee investigating allegations against Justice Yashwant Varma, concerning unaccounted cash found at his residence, has submitted its report to the Lok Sabha Speaker. The report will be presented to both Houses of Parliament during the Monsoon Session.
'Those under pressure from the BJP and the police, or due to court cases, the ED, CBI, CID, local police officers, or the STF, I request that you make your decision before July 21.'
Congress President Rahul Gandhi on Monday wrote to Prime Minister Narendra Modi.
A heavy agenda including the ordinance on the Food Security Bill awaits the Monsoon session of Parliament beginning on Monday amid expectations that the short sitting will be more businesslike and smooth as compared to the din and dust in the last few sessions.
Sonia Gandhi criticises the government's proposed delimitation, claiming it's a politically motivated move to delay the caste census and gain an unfair advantage, rather than genuinely promoting women's reservation.
India is set to amend its National Anti-Doping Act to criminalise the trafficking and distribution of prohibited substances to athletes, with potential jail terms for suppliers, including medical practitioners who knowingly prescribe banned drugs. The amendments are open for public feedback until June 18 and are expected to be tabled in the monsoon session of Parliament.
The session will have 20 working days for now.
Ideology is dead; long live the numbers game that is being played with the sole intention of securing a two-third majority in the Lok Sabha for the NDA, observes Nilanjan Mukhopadhyay.
The Nationalist Citizens Party of India (NCPI) has named Jyotiprakash Chatterji as its new president, a development that follows the merger of a Trinamool Congress (TMC) rebel Lok Sabha faction with the party. This announcement by Kakoli Ghosh Dastidar, a key figure in the dissident camp, comes amidst speculation about the party's leadership after its founder stepped down. However, details about Chatterji and the party's internal workings remain unclear, with some existing members expressing unawareness of the change.
An all party-meeting to discuss legislative business in Parliament's monsoon session on Thursday saw a fierce debate on the issue of Telangana with the Bharatiya Janata Party demanding that a bill be brought on it in this session and some other parties fearing repercussions of the decision in other states.
The National Anti-Doping Act will be modified to criminalise trafficking and distribution of prohibited substances to athletes, with jail terms of up to five years for suppliers.
Parliament on Wednesday saw a washout as the Opposition aggressively pressed for ouster of Sushma Swaraj, Vasundhara Raje and Shivraj Singh Chouhan, rejecting the government's offer for a debate.
The calculated playing up of confidence by Amit Shah and his team obviously means that the BJP has a strong counter-strategy in place to turn the tables on the Congress before the monsoon session is over, reports Sheela Bhatt/Rediff.com.
The opposition has been demanding a debate on Operation Sindoor -- the strike on terror sites in Pakistan by the Indian armed forces in response to the terrorist attack in Pahalgam on April 22.
Parliament may witness another stormy day in both Houses.
Parliament may witness another stormy day in both Houses.
Parliament may witness another stormy day in both Houses.
Parliament may witness another stormy day in both Houses.
Justifying the United Progressive Aliance government's decision to bring the food security bill through an ordinance, Union Food Minister K V Thomas on Thursday said the Centre is confident that it will be ratified in the monsoon session of Parliament commencing on August 5.
Watch all the happens in the two Houses of Parliament LIVE on Rediff.com
Maharashtra Agriculture Minister Manikrao Kokate is under fire after a video surfaced allegedly showing him playing rummy on his phone during a legislative session. The opposition accuses the government of being insensitive to farmers' issues.
Singling out the Congress as the only opponent to the GST, the government hopes to pass the bill after the altered numbers in the Upper House, reports Archis Mohan.
Indian paint majors, including Asian Paints, Berger Paints, and Kansai Nerolac, reported better-than-expected performance in Q4FY26, driven by steady demand, improved product mix, and strategic price hikes. The sector is also benefiting from reduced competitive intensity as new players also increase prices, narrowing the gap with incumbents.
The BJP and the Opposition have engaged in a war of words over the implementation of the women's reservation bill, which aims to reserve seats for women in legislatures. The bill was defeated in the Lower House, leading to accusations and counter-accusations between the parties.
The Lok Sabha rejected a resolution seeking the removal of Om Birla as Speaker by a voice vote amidst opposition protests and demands for an apology from Home Minister Amit Shah.
At the customary meeting ahead of the session beginning Monday, the opposition raised various issues, including voter roll revision in Bihar, the Pahalgam terror attack and Trump's 'ceasefire' claims.
Speculation is growing that former Indian cricket captain Mohammad Azharuddin may be inducted into the Telangana Cabinet. The Telangana PCC President neither confirmed nor denied the possibility. If inducted, Azharuddin would be the first minority minister in the current cabinet.
Even if there is an early agreement on a cessation of hostilities in West Asia, the price shock will not go away easily, points out A K Bhattacharya.
Maharashtra minister Manikrao Kokate was stripped of his portfolios after being convicted in a 1995 cheating and forgery case. His ministries have been reassigned to Deputy Chief Minister Ajit Pawar. Kokate has been admitted to Lilavati Hospital after complaining of chest pain.
Prime Minister Narendra Modi will initiate the debate on the 150th anniversary of Vande Mataram in Lok Sabha on Monday, which is expected to bring to light several important and previously unknown facets about the national song.
Prime Minister Narendra Modi on Monday said Parliament's Monsoon session is like a 'Vijay Utsav' as the Indian armed forces achieved their objectives under Operation Sindoor 100 per cent, and expressed confidence that the MPs will articulate this sentiment in one voice.
Confirming the development, Leader of Opposition in the legislative council Ambadas Danve of the Shiv Sena-Uddhav Balasaheb Thackeray said the boycott is a mark of protest against a "dishonest government".
The move came after a Hindutva organization, Shiv Pratisthan, sent a memorandum to the Sangli collectorate demanding that Islampur's name be changed to Ishwarpur.
