'Now, we have a minimum pension of Rs 1,000 annually.'
'An expanding army, rising salaries due to the 7th pay commission, and raised pensions due to OROP are consuming money at the cost of badly needed bulletproof jackets, rifles, artillery, submarines, warships and fighter aircraft,' notes Ajai Shukla.
Equity-linked savings scheme, PPF and Sukanya Samriddhi Yojana are recommended instruments.
The announcement comes on the first anniversary of the project.
'We should hope and pray that the PM's sentiment is not held ransom by machinations and craftiness of a few junior babus who throw in an imaginary impediment at every welfare measure and snigger and giggle at the sidelines every time a soldier is ill at ease,' says Major Navdeep Singh on the one rank one pension debate.
A Nedumudi Venu character was happiest when moving his head to a piece of music with his eyes closed; or, when inventing off of a note that a co-actor had left unfinished; or, when reciting a poem by Kavalam Narayana Panicker where a hymn about nature descends into a musing about cheating, depression and death, feels Sreehari Nair.
Elections in four assembly seats, Nasirabad in Ajmer, Kota South and Weir in Bharatpur and Surajgarh in Jhunjhunu, are scheduled for Saturday. Results will be declared three days later on September 16
'One of the ways to do that is to ensure that NBFCs have got liquidity.' 'If we don't do that, this mood of gloom will continue.' NBFCs need to be provided with liquidity if they have to start lending.
Prime Minister Manmohan Singh on Friday urged market regulator Securities and Exchange Board of India to ensure that the interests of the investors are fully protected.
Air India must tighten costs to comes out of the red or it wil perish in no time, says experts.
It was supposed to be a panacea against corruption, leakage and a magic wand for financial inclusion. But everywhere you look are people who enrolled, only to fall through the cracks again.
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It would be fair to say that markets are coming to the end of a down-cycle and are at the cusp of the next up-cycle.
Yoga sessions will be organized for central government employees and their dependents by the 'Grih Kalyan Kendra', a welfare society working under the aegis of the Centre.
SBI has been reeling under a mountain of bad loans for the past few years as the key sectors in the economy are faltering.
The Congress for its part urged Modi not to politicise the armed forces.
Not only were Urjit and Rajan outsiders, they also hired laterally, bypassing the existing talent, especially in the field of economics
The sudden exit of Yogesh Agarwal as the chairman of the Pension Fund Regulatory and Development Authority, or PFRDA, has once again brought the relationship between financial sector regulators and the finance ministry into sharp focus.
'Should the two armies clash in a conventional battlefield, the advantage will pass more and more to the Indians as the battle progresses,' says Brigadier S K Chatterji (retd).
Taxpayers can claim a deduction on tuition fees for a maximum of two children.
The defence minister clearly asserted that there will be no budgetary constraints to enhance the capability of the Army and meeting its other requirements.
Finance Minister Nirmala Sitharaman on Monday presented the Budget for 2021-22 in the Lok Sabha that is expected to provide relief to the pandemic-hit common man as well as focus more on driving economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours, As India emerges from the COVID-19 crisis, the ninth Budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
SBI said it provided credit to Orbital ATK Inc as part of a syndicated deal with other banks.
Prime Minister Narendra Modi is addressing the nation for the seventh time from the ramparts of the Red Fort on Independence Day on Saturday and it will be his second speech of the second term in office.
The cap of Rs 10,000 on daily withdrawal has also been removed.
Venkaiah Naidu said Aadhaar will not be made mandatory till the entire population gets such cards or UID numbers.
The key gain from using Aadhaar will be a drastic cut in impersonation and fictitious identities, thereby plugging a major loophole through which a lot of leakage in subsidy payment takes place.
Rajiv Chandrashekhar, Rajya Sabha MP, explains that the argument that other government servants are eligible for OROP is incorrect and the comparison is laughable.
Closing banks and restricting the flow of capital can build pressure for a solution as finances get squeezed.
The 21st meeting of FSDC comes against the backdrop of the economy hitting a six-year low growth rate of 5 per cent in the first quarter of 2019-20. Even some of the macroeconomic data for the second quarter does not portray an encouraging picture of the economy.
The telecom and banking departments along with the railways accounted for the maximum number of public grievances among the various arms of the government in the last three years.
'The government and the RBI have been playing a very good part in terms of inflation management.'
The Modi government has not lived up to the muscularity the prime minister promised while campaigning, says Ajai Shukla
The Budget will 'further reignite our growth engine, signalling the dawn of a prosperous future.'
Less than 24 hours after Detroit filed the largest municipal bankruptcy in US history, the two men behind the historic action -- Michigan Governor Rick Snyder and Detroit Emergency Manager Kevyn Orr -- defended the move in an interview with Reuters.
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.
'People do not want a 'maha milavat' (highly adulterated) government of those who assembled in Kolkata.'
Much as you try to like this film, you end up feeling sad as the Ungli turns limp, says Prasanna D Zore.
The Financial Stability and Development Council meeting on Tuesday started with an air of tension in the room. An official present described the participants' body language as "tetchy". However, once presentations and discussions begun, the mood considerably eased.
'They want (the ownership and management of PSU banks) to pass into the hands of a private sector entity.' 'Ownership of these banks will go from the public sector to private sector.'
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