Euro zone leaders will hold an emergency summit on Monday.
If the presentation made by the Commission to the chief ministers is followed in letter and spirit, central sector and sponsored schemes will no longer be the domain of central ministries alone.
The former RBI deputy governor talked about the prospects of an economic revival, reforms in IMF, etc.
The finance ministry has put out a revised draft in public domain.
'On the tax front, most of the Budget proposals are sensible'.
Ambassador Venu Rajamony, who served as press secretary to President Pranab Mukherjee during his tenure, salutes the statesman and political legend, who passed into the ages on Monday.
South and South-West Asia could witness an economic growth of 5.3 per cent in 2015, which will be a four-year high.
Xi Jinping has accumulated great power, but he faces trials that are just as great, says Claude Smadja.
'Providing funds and autonomy to a few institutions that may not have the intent to excel must not become a case of trying to feed those who are not hungry and starving those who are famished,' says Jitendra Kumar Das, Director, FORE School of Management, New Delhi.
The Finance Commission has substantially increased the allocation of funds to panchayats, but a large part of it is apportioned by state governments.
The Modi government's array of economic policy has been impressive.
'Four years into his tenure and Modi still has no idea what is wrong with the agriculture sector!'
England, who have won both the one-day and Twenty20 series against Sri Lanka, play a two-day practice match in Colombo before heading to Galle which hosts the first of the three Test matches from November 6.
Without some firmer pledge of debt relief, neither Greece nor the IMF is likely to accept a deal
There is much work to be done to design a good GST.
'Slowing down of the economy was mainly due to the demonetisation shock...' 'If you cut off the oxygen supply to a patient in the ICU and the patient dies, the patient does not come alive again when you restore the oxygen supply.'
Even if they score administratively, state governments ruled by the party suffer from an inability to communicate positively, say observers.
The full transcript of the exclusive interview with Prime Minister Narendra Modi.
The government has taken a number of steps to address the situation faced by farmers.
There are a couple of proposals, however, whose goals are not easily achievable.
The tall claims that the state administration, particularly Modi's highly charged PR machinery has created to hardsell the state, and in turn Modi himself, are not reinforced by the numbers
A reformed Planning Commission should reflect the diversity of Indian debate.
'We have set out a timetable to reduce income tax rates for all incomes below Rs 50 lakh, and to progressively eliminate the surcharges on income above Rs 50 lakh, by 2024.' The Budget speech past CII president Naushad Forbes wants to hear.
While some CMs suggested reopening economic activity in phases, others pitched for the extension of the coronavirus lockdown, but with a carefully crafted exit strategy
If oil prices rise, the government would face an uncomfortable political decision.
It is time to take a few macroeconomic risks to kick start the growth.
There is a link between objectives and commitments.
'No one needs to lose sleep if a person with better operational credentials supersedes lesser endowed peers,' says Group Captain Murli Menon (retd).
The new numbers did not apparently pass consistency checks with production, inputs, or movements in the National Stock Exchange.
The second-longest serving chairman introduced quite a few measures for the primary market and implemented a new corporate governance framework.
However, he refrained from speaking on Mexican immigrants and also declined to repeat his frequent promise to force Mexico to pay for the wall.
'Today you have 30 to 40 per cent of bureaucrats who are not parrots of the government, but what happens if you change the system?' 'If implemented, this can disrupt the system, which will have more adverse consequences than demonetisation.'
Shaken by Justice RM Lodha committee's recommended reforms of its governance structure, the Board of Control for Cricket in India has decided to call a Special General Meeting (SGM) within the next two weeks to discuss the implications of the report.
Poor land-use planning, indiscriminate approvals of building plans and the absence of disaster-risk assessment in urban design have resulted in what experts term concentrated concretization, predisposing cities to disaster risks
'Being authoritative is one thing -- Nehru was that -- but being authoritarian is quite another -- the current prime minister is clearly one.'
Indian economy about to take-off
Modi government has taken some interesting policy decisions in the 100 days since the time he met President Pranab Mukherjee to present his claim as Prime Minister of the world's largest democracy, says Tanmaya Nanda.
'Whoever whispered in his ears that go for demonetisation, misled him completely' and the PM lacked the sagacity to know that it would not work, Yashwant Sinha tells Archis Mohan.
Jaitley's team presents a quintessential mix of foreign-educated, intellectual technocrats and seasoned bureaucrats
Wolfgang Schauble has done right by the Euro zone, but the Greeks believe that doesn't necessarily mean he has done right by them.