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 has been taking credit for improvement in respect of the ease of doing business in India.' 'But when I look at the scams I cannot help feeling that it is too easy to do business with banks in India, if one is a Harshad Mehta, Vijay Mallya or Nirav Modi and their tribe,' says former Union home secretary Madhav Godbole.
DEA officials to push for this at a meeting with FM Jaitley.
Despite their promised and announced reduction in power prices, the Arvind Kejriwal-led Delhi government may want keep the issue on the burner for sometime longer, since none of the concerned players are ready to give an inch, and seem raring for a fight, says Upasna Pandey
The Centre has to bear the maximum burden of borrowing NSSF loans to the tune of Rs 1 lakh crore.
The resentment against the government has increased.
The Supreme Court has dismissed the appeal of ACC Cement, ruling that if a product is manufactured by one firm and sold by another with the latter's brand name, that sale would attract sales tax, not the first transaction.
Rahul Gandhi has taken a break from his ongoing 'Navsarjan Yatra' in Gujarat to meet the families of victims of the explosion.
The Finance Ministry is of the opinion that Vodafone might drag its tax dispute to court.
From educating people about the internet, connecting far-flung areas with a high-speed net, promoting entrepreneurship, building start-up incubators, women empowerment, to even running a voter registration campaign, cybersecurity and counter-terrorism, Facebook and Google have done it all for the government.
'Clearly, the depositors of cooperative banks need the maximum protection.'
A Delhi University alumnus with an MBA in finance and a doctorate, Vaish started his career as a banker in 1984, became an academician a few years later and joined the capital market in 1998.
There are some 20-odd schemes with this default provision, or something close to it.
'You cannot fight a disease as complex as COVID-19 without a carefully calibrated, localised response.'
The 30-share Sensex ended down 30.30 points at 28,161.72 and the 50-share Nifty dipped 7.95 points at 8,543.
With a sole mandate of inflation targeting, RBI wears many hats.
Landmark judgments follow new CJI's assumption of office.
The finance ministry and several agencies under it such as the Securities and Exchange Board of India (Sebi) and the Enforcement Directorate (ED), which are investigating the affairs of Sahara India Parivar, are worried about its exposure to National Spot Exchange Ltd (NSEL) products.
Vodafone, according to sources, in its response to the Finance Ministry's offer for conciliation, had expressed keenness to settle the long-pending capital gains tax dispute.
Kotak Mahindra Bank has decided to buy a 15 per cent stake in Multi Commodity Exchange (MCX) for Rs 459 crore from Financial Technologies India (FTIL).
'The RBI is not releasing Rs 2,000 notes for the last 10 days; probably they have stopped printing it.'
The upcoming Budget gives Finance Minister Arun Jaitley a chance to let states boost spending.
If the impact of the Greece crisis spreads across Europe and parts of the world which are more interconnected than ever before, India cannot hope to be insulated, says Paranjoy Guha Thakurta.
Road developers hoping for early relief from the government will have to wait longer.
The Supreme Court on Thursday termed as a "serious issue" a plea seeking initiation of removal process of former Chief Justice of India K G Balakrishnan from the post of National Human Rights Commission chairman for his alleged "misbehaviour" and purchase of benami properties.
The Indian regulator played key role in uncovering the identity of two Indian men who floated the scheme
The system envisaged under the FRDI Bill, if implemented properly, would help improve the efficiency of capital allocation without harming consumers, and without risking the stability of financial firms, says Ajay Shah.
The S&P BSE Sensex dropped 1 points to end at 26,396 and the Nifty50 slipped 2 points to end at 8,109.
A good monsoon could rein in food inflation. Largely good corporate results mean better days are ahead. Nifty may reach record levels, points out Devangshu Datta.
'The hour is very late, and the choice between triumph and tragedy knocks at our door,' says Ajay Shah.
Commodity futures market's dream run came to a halt in 2013 as a Rs 5,600 crore scam in Jignesh Shah-led spot exchange NSEL and imposition of transaction tax on non-farm items hampered the growth of business, with turnover estimated to dip by 30 per cent to Rs 125 lakh crore.
A summary of sports events and sports persons, who made news on Monday
E-vyapar.com to help small businesses manage inventory & accounts online.
Against National Democratic Alliance's 75 million target, United Progressive Alliance added 61 million in 2013-14.
The Rs 89 crore question before Tamil Nadu now is what shape a central intervention would take, and if there would be any role whatsoever for acting governor, Ch Vidyasagar Rao, in it, says N Sathiya Moorthy.
Auto stocks led the rally with Tata Motors, Hero MotoCorp and Maruti Suzuki leading the gains.
Rajan said expecting the government to provide all solutions wasn't right.
Brokers have only kept guarantees for which they have open positions.
Investor forum wants govt to take over exchange, raises doubts on claims of matching stocks; NSEL says default by brokers to be dealt with legally.
'The reason the protests are not happening in Mumbai, Bangalore, Chennai, Hyderabad, Gurgaon and Noida is that there are options available to the youth in those cities. And many people can access this sort of job because most of them are armed with English, integrating them into the global economy. This is something not available to most youth in Gujarat (the government schools do not teach English till Class 5),' says Aakar Patel.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances