Upon implementation of the 7th Pay Commission the expected yearly burden on the central exchequer will be more than Rs 100,000 crore. Central government employees will get on an average a 24 per cent pay hike. Still, the unions aren't happy.
A programme that endeavours to graduate the poorest people could have seminal implications for Prime Minister Narendra Modi's government.
The Modi government has handled inflation far better than any government in the past two decades. Both the stock market and currency indices have begun to show confidence in the economy, despite the mounting global headwinds of trade.
The defence sector is seeing renewed interest by Indian corporates, says Jyoti Mukul
This alliance is for personal survival, not ideology-based support. This alliance is for power, not for the people. This alliance is for personal ambitions, not people's aspirations," the PM charged.
The BJP president further said that Andhra Pradesh has always been on the agenda of national development and Prime Minister Narendra Modi has left no stone unturned to ensure its growth and prosperity.
GST will make it easier for governments to spend more, says T C A Srinivasa Raghavan.
'The prime minister did not think that COVID-19 was a serious challenge as late as March 20.'
This Budget signals a shift from a hand-out to a hand-up economy.
The Budget touches a few highs and lows as far as personal finance is concerned, and one needs to be aware of them in order to optimise on one's investment plans.
Experts have started giving comments on provisions that the govt must make in Budget 2016-17.
The decline is attributed to lower salary growth and a rise in households' financial liabilities.
'The Opposition has no option but to make it an 'All versus One' fight to even think about winning.'
More people will be literate, on the Internet, linked to the national identification scheme and likely to receive electricity, especially from alternative-energy sources.
The protection of individual security and privacy is critical to building safe online systems, say Mitchell Baker and Ankit Gadgil.
'Think about this: A widow of a jawan is drawing only Rs 3,500. If OROP is implemented, she will get additional Rs 1,500. These poor girls are young and have no source of income; they are trying their best to just make ends meet. It is the pain of these situations that has driven me to this.' 'We don't want to put pressure on the government -- that's not our intention. We have full faith in our prime minister. We are asking for a meeting with him, and when we get that, we are sure he will not only give us what we are asking for, but 10 per cent extra.' Major General Satbir Singh, who headed the OROP agitation at Jantar Mantar, speaks out.
Over lunch, Finance Minister Arun Jaitley breaks down his Budget. Sheela Bhatt/Rediff.com reports.
Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.
Only national service can save the nation, and not politics: Modi
Jaitley increased the excise duty on most tobacco products by 10-15 per cent.
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.
A profile of Rajasthan chief minister Ashok Gehlot.
From Singapore to Almora, Abhishant Pant has survived without cash, and he wants to continue in that state all his life.
From being the hand-picked choice of Sonia Gandhi as Andhra Pradesh chief minister to sitting on a dharna in Delhi against division of the state, Nallari Kiran Kumar Reddy has turned from a Congress regional leader to a disgruntled rebel in his nearly 39-month tumultuous tenure.
A Narendra Modi administration would believe more in decentralisation than would a Rahul Gandhi administration, says Arvind Panagariya.
A review of key pronouncements he made in his first Independence Day Speech on August 15, 2014.
As Prime Minister Narendra Modi is set to deliver his third Independence Day speech on August 15, he is inviting ideas from citizens on issues he should speak on
The official twists and turns have raised questions on the government's credibility and its ability to pull the nation out of the demonetisation quagmire. To keep up with the new rules, the government has issued an updated FAQ on demonetisation.
Why did such a 'socially conscientious' people adapt to cash-for-votes and the like, as fish to water? N Sathiya Moorthy offers an explanation.
The Congress, desperate to make a comeback in Gujarat, which has been ruled by the Bharatiya Janata Party for over 20 years, has tried to reach out to various sections of society in its blueprint unveiled.
The assessment of PMJDY should be done within the context of the programme.
Andhra Pradesh now comes third in ease of doing business.
Presenting a report card of two years of the Modi government, BJP chief Amit Shah credited the party for giving a "decisive" government.
All is not well with Telengana and its Chief Minister K Chandrasekhar Rao
If new goals have emerged, this is the time to make fresh investments.
The government has taken a number of steps to address the situation faced by farmers.
Air India must tighten costs to comes out of the red or it wil perish in no time, says experts.
Each 'adarsh village' should have piped drinking water, connectivity to the main road, electricity supply to all households, library, telecom and broadband connectivity including CCTVs in public areas. Emphasis will also be on e-governance, says Sheela Bhatt/Rediff.com.
NDA government has shunned populism.
Room for rise of up to 2 percentage points, move to help meet higher expenditure need in FY17
