D K Sarraf replaces Vasudeva, who turned 60 on Tuesday and is due to superannuate on Friday.
Nitin Gadkari has seven portfolios, but does not seem weighed down at all by the many things on his plate. The minister is brimming with ideas...
'A change of government will bring about a lot of changes because everything is frozen for the last two years. So, the frozen energies of India will be released.' Swadeshi Jagran Manch convenor Swaminathan Gurumurthy discusses the Modi phenomenon with Shobha Warrier/Rediff.com
Paris attacks took the centre stage at the G20 Summit on Sunday with Prime Minister Narendra Modi calling for a united global effort to combat terrorism as world leaders joined a clarion call to eliminate ISIS network.
Union Budget had projected the fiscal deficit at Rs 5.56 lakh crore.
Nifty snaps 10-day winning streak
E-vyapar.com to help small businesses manage inventory & accounts online.
The Budget chose to stick to an ambitious disinvestment programme for 2016-17.
Xi Jinping has accumulated great power, but he faces trials that are just as great, says Claude Smadja.
Arun Jaitley had a tough fiscal hill to climb.
"Each soldier was my brother in arms.' 'We fought together and achieved glory for India.' 'We fought on with only one thing in the mind -- that that this is a national battle and we must not let the Pakistanis get the better of us,' says Major General Shamsher Singh, who was awarded the Mahavir Chakra for fighting in one of the bloodiest battles the Indian Army has ever waged.
I-T dept investigating black money angle; FM hints against bailout for bourse's investors.
Here's a round up of some information the nation learnt from Parliament on Tuesday.
Manipur needs an integrated politico, military, socio-economic approach, says Sanjeev Nayyar.
'The BJP suddenly seems vulnerable. This is not entirely surprising. In the past too, governments and leaders who won a thumping Lok Sabha majority lost popularity in a matter of months... The by-polls results shows that a degree of disenchantment with the Modi government is setting in,' says Praful Bidwai.
The government has taken a number of steps to address the situation faced by farmers.
'... for two reasons: the poor quality of education, and the low rate of female participation in the labour force.' 'Unless something is done quickly to remedy these problems, India will just have a large population of low-skill, low-wage, males trying and failing to feed their families adequately.'
'The corporate sector says by 2022 they will create 300 million jobs.' 'In the last 70 years we didn't do it, how will we do it in 5 years?' 'Only agriculture can bail out the economy. Unfortunately, it is not being looked into.'
Duty cut on raw material imports are not likely.
India has one thing that China has - the potential to be of interest as a huge market in its own right.
As Ashraf Ghani and Abdullah Abdullah form a joint government after contesting the presidential election against each other, Prakash Bhandari reports from Kabul on the problems facing the new, US-brokered arrangement.
'It is in the interest of both sides that the visit of the US President is seen as being successful. Both sides have invested considerable political capital in it. This rapid exchange of visits and the decisions taken have to be justified, beyond the symbolism, which is no doubt important in itself. This opportunity to impart a fresh momentum to ties should not be missed,' says former foreign secretary Kanwal Sibal.
This was India's time; with a strong central bank governor and a new decisive government, anything was possible.
'The numbers have been scaled down for the Trinamool Congress. Today, the upper number of victories seems to be 30, with 25 seats being the realistic option. The Trinamool Congress may still be the largest non-BJP, non-Congress party in the next Lok Sabha, but it may not make it to the Cabinet table, leave alone sit in the top chair,' says T V R Shenoy.
M R Venkatesh, chartered accountant turned political commentator tells Shobha Warrier/Rediff.com that Modi's war is not against the opposition parties or the Congress but against the bureaucracy and the establishment.
Roadshows will be held in Singapore, Hong Kong, London, New York and Boston, NTPC gained close to 1%.
A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.
The compulsions of domestic politics notwithstanding, India and Bangladesh script a new story in bilateral relations, say Nayanima Basu and Aditi Phadnis
Now, the world over, policymakers are dusting off their copies of Keynes' classic, The General Theory of Employment, Interest and Money, and figuring out whether there are any answers there to our own challenges of growing our economies.
India still has to go a long way to implement reforms in various sectors.
The Enforcement Directorate has managed to sniff out over Rs 9,000 crore as suspected haul from money laundering in a decade, but it has yet to link those against anyone successfully in a court.
You know how, given the right lighting and the right positioning, you can project huge dramatic shadows onto a screen with nothing more than a couple of wiggling fingers? The India show we take around the world, and around India at election time, is a bit like that.
'The Cauvery river has become excessively politicised by all political parties.' 'They see a vote bank in an emotive issue of this kind.'
'India's economy is growing faster compared to the developed economies of the world.' 'More importantly, it is growing faster compared to most of the developing economies.' 'The monsoon is not the only thing that drives the rural economy and certainly not the national economy.' 'It is too simplistic to reduce everything to the monsoon.'
Several states that imposed prohibition in the past lifted it once revenue loss began to pinch
With an aggressive Opposition and unyielding government, important legislation could be the biggest casualty, as details of the helicopter contract surface.
'To consider BRICS anything more than a temporary club with some common interests would be folly. The goal should be to induce others (Japan, ASEAN, South Africa) to align with us -- a non-threatening, democratic nation, rather than with malevolent China or waning America. For us to consider aligning with either China or the US would be absurd. India is just too big to be a sidekick,' says Rajeev Srinivasan.
Clean energy cess to hike cost for power sector.
Common people expect the government to be aggressive and opt for growth related measures in the upcoming Budget.
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