Under current laws, a company cannot sell mines but only transfer leases when it is acquired by another firm.
The NDA government will be following the footsteps of its predecessor, the UPA, which had introduced the concept of "loan mela" to boost credit by directing banks to lend to people through public meetings.
The Congress feels there was no articulation of a bold vision of a statement of intent in the Budget, no articulation of a direction in which the economy has to go, and it lacks imagination. Renu Mittal reports.
Congress leader Rahul Gandhi alleged that Modi's move was aimed at helping a few of his 'crony capitalist friends' and had 'destroyed' the Indian economy, prompting a strong response from the BJP which said the exercise was an 'attack' on corruption and black money that were rampant during the 'lost decade' of the Congress-led United Progressive Alliance government.
Modi also accused the Congress and the Communist Party of India-Marxist of covering each other's corruption.
Economy improving but long way to full recovery, says FSDC.
The swearing in of the new members will begin on Thursday and continue on Friday, when the Lok Sabha speaker will be elected. Rediff.com contributor Renu Mittal reports
Rahul Gandhi stressed the importance of an electoral understanding in UP if the BJP is to be defeated in the Lok Sabha polls.
Kumar had sought central university status for it in keeping with public sentiments.
Even two-and-a-half years after the National Democratic Alliance came to power, people remember the previous United Progressive Alliance regime for corruption, Finance Minister Arun Jaitley said on Thursday, asserting that demonetisation would go a long way in curbing black money.
The Congress is seeking to give a strong political message to the nation from the land of Mahatma Gandhi and Sardar Patel, with the party leadership holding the prayer meeting at Sabarmati Gandhi Ashram in Ahmedabad, followed by the CWC meet at Sardar Vallabhbhai Patel national memorial in the state.
The debacle that pollsters faced in the Bihar assembly elections is in part being blamed on the small sample size and lack of advancement in field surveys, says Sahil Makkar
The fight over FYUP is between a highly controversial decision taken during the United Progressive Alliance rule and how the National Democratic Alliance government perceives it and how it is determined to resolve it in its own way, reports Sheela Bhatt.
The impact from NELM on the Indian pharmaceutical sector is estimated to be around Rs 6,000 crore.
Congress had a reason to smile as it was able to emerge as the single largest party in Meghalaya, but failed to secure a majority.
Congress president Sonia Gandhi has convened a meeting of the party's strategy group on September 8, the sources said. Opposition leaders are keen that various like-minded parties should work closely with each other to take on the government in Parliament.
This is the first time that Nagaland is witnessing the victory of so many political parties in the state assembly elections. LJP (Ram Vilas) and RPI (Athawale) are newbies in the state politics.
He also expressed doubts about fairness in a Central Bureau of Investigation probe into alleged corruption in the DDCA.
The 58-year-old leader will expand his council of ministers after the trust vote on Friday which he is expected to win without any hiccups.
Parrikar also took a dig at Congress president Sonia Gandhi, saying translation from Italian was not easy 'at least for the ruling side. May not be a difficult task for the Opposition'.
The ceremony will be held at the Rashtrapati Bhavan.
Data shows that the PM's overseas travel bill reduced from Rs 140.14 crore to Rs 87.16 crore in the second year; data for third year is not available yet.
However, the AICC general secretary Jairam Ramesh said the SC committee has limited terms of reference and 'cannot bring out the deep nexus between' the prime minister and the billionaire businessman.
Bharatiya Janata Party leader Arun Jailtey on Tuesday defended the Vajpayee government's releasing the three most wanted terrorists in return for the safety of passengers of the Indian Airlines plane hijacked to Kandahar in 1999, saying the lives of all Indians were "more precious" than the release of the terrorists.
According the latest CNN-IBN-CSDS-Lokniti post poll survey, the National Democratic Alliance is projected to win 274 to 286 seats, and the Bharatiya Janata Party is projected to win 230 to 242 seats on its own, it best ever poll tally.
Insisting that Vijay Mallya was not given even "a rupee benefit" under the Modi government, Finance Minister Arun Jaitley on Thursday said that loans were reportedly given to the businessman during the previous United Progressive Alliance rule through intervention of the North Block, a reference to the finance ministry.
This could be the reason why Prime Minister Narendra Modi mentioned tomato, onion, and potato as his government's 'TOP' priority, in an election rally on February 5 in poll-bound Karnataka.
The govt will have to clear hurdles to push GST by March 2015.
The Congress on Thursday dared Narendra Modi to an open debate on his governance model in Gujarat, while rubbishing his attack on the United Progressive Alliance over the economic slowdown.
In a grand ceremony with overtones of a United States presidential inauguration, heads of state and government, India Inc honchos, opposition leaders, Bharatiya Janata Party members and showbiz stars rubbed shoulders as they watched President Ram Nath Kovind administer the oath of office to India's 58 new ministers.
Jaitley said it is no surprise that Dr Manmohan Singh is unhappy as 'maximum black money was generated' under his rule.
For the BJP, Telangana is a sunrise state in the South, while Karnataka is a southern success despite the ups and downs.
The scandal surrounding Lalit Modi serves as a reminder for how similar our mainstream political parties are in resisting institutional reform.
The four officials were asked questions related to the UPA government's '20:80' gold import scheme, which was cleared by Chidambaram on May 13, 2014, barely three days before the counting of votes of the general election
'Just think about it. She's a prosecutor, he's a convicted felon. I love that juxtaposition.' 'She's a woman, and she's black and South Asian. He's a white guy who grew up with enormous [wealth].' 'She grew up in a very average, lower middle class/middle class kind of setting with a single mother.'
Amid speculation over the fate of alliance between the Janata Dal-United and Rashtriya Janata Dal ahead of the crucial Bihar polls, JD-U President Sharad Yadav on Thursday insisted that both the parties will fight the assembly polls in the state together in alliance with the Congress to challenge a resurgent Bharatiya Janata Party.
'The finance minister has messed up the economy.'
Congress President Sonia Gandhi on Monday wrote to Prime Minister Narendra Modi flagging the "distressing rise" in incidents of Dalit atrocities.
Stepping up their attack on Rahul Gandhi for his 'democracy under brutal attack' remark in the United Kingdom, Bharatiya Janata Party leaders, including Union ministers, on Thursday demanded an apology from the Congress leader insisting that he was 'not above Parliament'.
The BJP accused the Congress leader of playing politics in the matter.
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