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'As the Budget has taken some measures to spur growth, similar action from the MPC may be expected.'
As Modi spoke, two Cabinet ministers sat behind him as did senior diplomats and civil servants. National Security Adviser Ajit K Doval -- a regular attendee alongside Modi at such international gatherings -- was intriguingly seated behind the Cabinet ministers and the PM's principal secretary.
'Growth, liquidity and deposit mobilisation are likely to be discussed during the interaction.'
Finance Minister Nirmala Sitharaman on Saturday announced the government's plan to transform India into a large logistics organisation with 1.5 lakh rural post offices.
With its age-old fascination for education, southern states have done better than the North. Start-ups, IT hubs, and industry majors setting up shop have changed the face of the South. Nearly 79% of global offices set up by international conglomerates in India are in the South. Almost 46% of tech unicorns are from the South. The GDP per person in the South is 4.2 times higher than the North. None of these indicators can be ignored by any central government, whatever the political compulsions, notes Ramesh Menon.
Disapproving of Janata Dal-United's remarks against Narendra Modi, the Bharatiya Janata Party on Sunday firmly stood behind the Gujarat chief minister saying no "unfounded inferences" should be drawn against him
'If it doesn't, it will continue with measures to infuse liquidity, signalling a new cycle,' predicts Tamal Bandyopadhyay.
Finance Minister Nirmala Sitharaman on Tuesday nudged the fintech industry to break the distance barrier and have more engagements with the government and its agencies to enhance trust. Sitharaman was replying to a question by Kris Gopalakrishnan, chairman, Global Fintech Fest (GFF) 2022 advisory board, who wanted to know how to ensure trust among industry, regulators, and the government. "I don't want to sound cliche, but distance brings distrust. "So, cut the distance down, have greater engagement with the government," the minister said.
Bharatiya Janata Party on Sunday demanded that Prime Minister Manmohan Singh and the then finance minister, when the 2G Spectrum allocation was made, P Chidambaram, give "proper reply" to former Telecom Minister A Raja's claim that the issue of sale of equity by spectrum licencees was discussed with them.
Alleging that the Congress lacks the political will to carve out a separate Telangana, the Bharatiya Janata Party on Sunday demanded that the full content of the Srikrishna Committee report on formation of the state be made public.
Bharatiya Janata Party spokesperson Nirmala Sitaraman called the Jammu & Kashmir interlocutors' report being published on a website just 36 hours after the conclusion of the budget session of Parliament as UPA II's "backdoor exposure" of a sensitive report.
Popular YouTuber and social media influencer Elvish Yadav is making his presence felt inside the Bigg Boss OTT house.
In the wake of the controversy created by Bharaiya Janata Party leader Sushma Swaraj's statement on Reddy brothers, the party on Sunday said there was no rift over the issue in the party.
The convict offered to marry the victim on the day the quantum of his sentence was to be decided.
The real requirement for the finance minister's explanatory speech is to explain the measures taken in the Budget to influence inflation and growth not just through the announcement of a deficit goal, but more broadly through the impact on money supply, consumer demand, foreign trade and investment, explains Nitin Desai.
'Alongside economic growth and the Asian century, stress has become an Asian caravan.' 'But stress doesn't arrive in one's country as invitation to taste exhaustion. It comes dressed as a challenge.' 'Its evangelists ask: Are you man enough to shoulder stress?' points out Shyam G Menon.
Months after exiting the decades-long association with the Congress party, Azad said that he was not against its policy of secularism, but its weak party system.
'The move to remove indexation benefits on LTCGs presently available for property, gold, and other unlisted assets may have a negative impact as it directly impacts real estate investors.'
'The Air Force rules the skies.' Wing Commander K Dinesh (retd) recounts an encounter at Mumbai airport.
To involve workers in various social campaigns initiated by Prime Minister Narendra Modi, Bharatiya Janata Party president Amit Shah has formed nine separate committees of senior leaders.
The Budget Session of Parliament will commence on Monday and is scheduled to conclude on April 8 wherein the first part of the session will extend up to February 11, said the Lok Sabha Secretariat on Sunday.
Interlinking of rivers, retrieval of Katchatheevu island and inclusion of fishermen in the Scheduled Tribes list are also listed in the memorandum.
The government proposes to reduce the time taken to register a business from 27 days to one day.
Despite its admirable competence and proven track record, the RBI doesn't have the capacity to supervise an economy that's growing so fast and becoming larger by the year, points out T C A Srinivasa Raghavan.
ITC buys two-thirds of tobacco from Andhra Pradesh and the remaining one-third from Karnataka for its cigarette manufacturing division
Chidambaram mocked her with a tongue-in-cheek tweet.
Direct contacts between Obama and Prime Minister Narendra Modi this month helped to end a deadlock that had prevented the WTO from implementing a $1 trillion package of reforms.
Ever since its inception in 1996, Bengaluru has been playing host to Asia's biggest air show.
Modi and Shah have finalised names for the Rashtrapati's post, which the BJP boss has discussed with the RSS chief.
The Bharatiya Janata Party on Friday attacked the United Progressive Alliance government at the Centre and accused Prime Minister Manmohan Singh of neglecting and using Assam, which he has been representing since 1991, for his "political advantages".
'Be it Shivraj Singh Chouhan or Raman Singh or Vasundhara Raje --- all of them would have won as it is. These are all leaders who would have won on their own. But the victory margins have been enriched by Modiji's campaign.'
Minister of State for Commerce and Finance Nirmala Sitaraman, in Mumbai to address election rallies, took time out to talk about the economy, foreign investment and trade facilitation.
'This fund will enable micro-donations as a result of which a large number of people will be able to contribute with smallest of denominations,' a statement said. People can visit www.pmindia.gov.in to make contributions using credit and debit cards, UPI, net banking and RTGS or NEFT, it said.
Probably 35 bps. There could be even an encore in February 2023 to take the policy rate to 6.5% before the financial year ends, predicts Tamal Bandyopadhyay.
Nirmala Sitharaman's messaging was clear when she presented a well-balanced Budget with an eye on state elections in nine states followed by a general election next year, observes Ramesh Menon.
To help the country emerge as a true welfare State, political parties must put the country's interests first before strategising to win elections and short-term goals, argues Ramesh Menon.
While there is no change in the strength of the Modi-led CCPA over its two tenures, what has changed is its profile.
'China's military is expected to deploy full throttle its new equipment including J-20 stealth fighters, drones, medium range missile systems, surveillance and others to continue to put psychological pressure on India,' warns Srikanth Kondapalli, Professor in Chinese Studies, JNU.
'Without reviving employment, consumer confidence will not go up.'
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