Veteran banker K V Kamath on Friday said it is "time to be brave" for the government, and it should stretch the fiscal deficit target set in the budget if need be, to push growth. He said benign interest rates of under 8 per cent and abundant liquidity are also necessary to seize what he called as a 25-year growth runway opportunity awaiting the country. The government has targeted to get the fiscal deficit at 6.8 per cent for FY22 in the Budget presented early this year.
Hong Kong is the world's freest economy according to the Index of Economic Freedom 2015.
Pakistan Muslim League-Nawaz (PML-N) president Sharif, 70, and Pakistan Tehreek-i-Insaf (PTI) vice-chairman and former foreign minister Shah Mahmood Qureshi on Sunday filed their nomination papers for the post.
Health Minister Mansukh Mandaviya, Civil Aviation Minister Jyotiraditya Scindia, Railway Minister Ashwini Vaishnaw and other ministers took charge of their respective offices on Thursday, a day after taking oath at a ceremony held in the Darbar Hall of the Rashtrapati Bhavan.
All guns blazing, Modi on Saturday mounted a scathing attack on the Congress over corruption, and asserted it will become "Punjab, Puducherry, Parivar" Congress after its defeat in the Karnataka assembly polls.
The apex court within hours took suo motu notice of it and a five-member bench started hearing the case on Monday.
In the latest draft of the Code on Social Security Bill, 2019, the government has decided to stick to the current thresholds for providing social security benefits to workers by industry.
Despite weaker exports and sluggish domestic demand, China is still on track to overtake the United States.
The Major Ports Authority Bill, 2020 was passed through ballot votes in the Rajya Sabha on Wednesday with 84 votes in its favour and 44 against it. The Lok Sabha had passed the bill on September 23 last year.
Amid the economic crisis, some of the Asian cities hold much promise in terms of growth and prosperity.
The Opposition parties need 172 members in the 342-member house to orchestrate the downfall of Prime Minister Khan.
The youth, Rahul Dev, has been recruited as a General Duty (GD) pilot officer in the Pakistan Air Force (PAF), Daily Pakistan reported. Dev hails from Tharparkar, the largest district in Sindh province, which is the home to a large population of Hindu community, local media reported on Monday.
Pakistan's popular hill station Murree was declared a calamity-hit area on Saturday after at least 21 people, including nine children, froze to death in their vehicles due to unprecedented snowfall and rush of tourists to the picturesque town in Punjab province.
Since January this year, Indian exporters have begun to dread the shipping news. That's because most of it would be about another lot of shipping companies deciding to avoid Indian ports on account of delays.
Pakistan People's Party chief Bilawal Bhutto Zardari has left on a foreign trip and will not be present in the country when it goes to polls on May 11, according to a media report. Bilawal, 24, will not address any rallies or meetings ahead of the general election due to threats to his life, sources in the PPP were quoted as saying in the report.
'If you look at this Budget, except for the Rs 2 increase in petrol and diesel, there is no positive or negative impact from the Budget for the common man.'
The Adanis were the highest bidder for the Ahmedabad, Thiruvananthapuram, Lucknow, Mangaluru and Jaipur airports.
Pakistan Peoples Party chief Bilawal Bhutto Zardari on Monday returned to the country after spending over a week in Dubai but will not lead the party's campaign for the May 11 general election, one of his close aides said.
Pakistan President Asif Ali Zardari embarked on a two-day visit to Dubai on Saturday amidst reports that the trip was aimed at persuading his son, Bilawal Bhutto Zardari, to return to the country and lead the Pakistan People's Party's election campaign.
The Rs 63,000-cr Mumbai-Ahmedabad high-speed corridor and Rs 14,000-cr CSTM-Panvel suburban corridor are two of the largest projects.
Pakistan's National Assembly has passed a government-backed bill that will provide the right of appeal to Indian death-row prisoner Kulbhushan Jadhav, according to a media report.
The move came hours after Khan was removed from office through a no-confidence vote held early Sunday morning, becoming the first premier in the country's history to be sent home after losing the trust of the House.
Sadiq, who was the Speaker of the National Assembly during the PML-N government, made a similar statement earlier on Wednesday in Parliament that Foreign Minister Qureshi had said in an important meeting that if Varthaman was not released, India would attack Pakistan 'at 9 pm that night (sic)' and 'for God's sake we should let him go'.
Former Pakistan Prime Minister Nawaz Sharif on Friday said his PML-N was ready to work jointly with the PPP-led government to address problems confronting the country, including normalization of relations with India. Addressing a gathering in Lahore, Opposition leader Nawaz said the PML-N was prepared to work with the PPP-led government "to change the destiny of Pakistan".
As a fresh confrontation appeared imminent between Pakistan People's Party government and the judiciary, former premier Yousuf Raza Gilani has warned that this time the ruling party will not take any "unconstitutional" move by the Supreme Court against his successor "lying down".
Outgoing President Asif Ali Zardari has said that he is leaving the Presidency as a satisfied man after overseeing the first-ever democratic transition of power in Pakistan and relinquishing Presidential powers to Parliament.
A ministry spokesperson said he wasn't aware of the development.
The election of a new prime minister by Pakistan's National Assembly on Friday will be a three-way contest between Raja Parvez Ashraf of the ruling PPP, Sardar Mehtab Abbasi of the main opposition PML-N and Jamiat Ulema-e-Islam chief Maulana Fazlur Rehman.
India has much paranoia in India about a new 'Terroristan' coming up between Pakistan and a Taliban-ruled Afghanistan. Pakistan has zero ability economically, diplomatically, geostrategically or militarily to create one. If they try, it will be great for India as they will destroy themselves yet again, asserts Shekhar Gupta.
'They are also sitting on huge public sector assets without many returns.'
There are some countries in the world that are really rich.
Move is aimed at bringing private operators to run airports.
A protest march by a UK-based pro-Pakistan group on the Kashmir issue in the heart of London on Sunday fizzled out as barely a few hundred protesters gathered to wave placards and flags.
'The economy needed 3 or 4 major fixes. The major one was, of course, the direct tax structure, but we ended up complicating the existing convoluted tax structure,' says M R Venkatesh, chartered accountant and lawyer.
Pakistan's ruling Pakistan People's Party has begun secret negotiations with Pervez Musharraf's party to isolate its rival Pakistan Muslim League (Nawaz) and to facilitate the former military ruler's possible return to the country, a media report said on Monday.
The main opposition Pakistan People's Party today decided to boycott next week's presidential election, saying it was left with no other option after the Supreme Court ordered the advancing of the poll.
The government has made clear that the Airports Authority of India will closely monitor the cost of airports built through the PPP route.
Petrol costs less than a dollar in the OPEC region.
For PPP projects, clause on consent requirement could be abolished or brought down to 50% of land owners, against the current 70%
Petrol prices in India are amongst the highest in the world.
