A Bank Investment Company to act as a holding company for state-owned banks would go a long way in minimising government interference and improving governance.
For FY16, MTNL's standalone net loss was over Rs 2,000 crore.
'The government has belied the hope that many harboured of change, efficiency and dismantling old practices as the defence ministry continues to pursue the same well trodden and wasteful path.'
The Enforcement Directorate has managed to sniff out over Rs 9,000 crore as suspected haul from money laundering in a decade, but it has yet to link those against anyone successfully in a court.
Senior bureaucrats say the government has planned a 'feel-good' Budget after the 'pain' of demonetisation.
Prime Minister-designate Narendra Modi can and will downsize the government, and the Union Cabinet could be cut by half its present size, Bharatiya Janata Party leader and former Union minister Arun Shourie reveals as explains what could be the new PM's masterplan ahead of Cabinet formation in an exclusive interview to CNN IBN.
India's existing web of federal and state sales taxes is levied at different stages of the supply chain and often results in double taxation, while forcing trucks to spend nearly a quarter of their road time in border checks or other inspections.
VW is under pressure to identify those responsible, to say how vehicles with illegal software will be fixed.
Triggering angry criticism from the West and even calls to boycott the Sochi games, Russia adopted in June a ban on homosexual "propaganda" among minors, a law denounced by critics as discriminatory and aimed at stifling dissent.
Mr Modi must stop talking, and start writing
The AgustaWestland issue was fiercely debated in the Rajya Sabha on Wednesday with members of the Bharatiya Janata Party and Congress blaming each other.
What should concern the Indian citizen is not the fact that the world's biggest assault rifle purchase was scrapped. What should is the fact that the tender was for a type of rifle that has never been produced, says Nitin Pai.
A moderate GST rate obviates the need for the two-rate structure.
Biometric authentication is based on the unscientific and questionable assumption that there are parts of human body that does not age, wither and decay with the passage of time.
This Budget plans for an increase to 10.3% of GDP from 9.9%.
A Texas company will submit a report by June on whether a company controlled by RIL 'stole' natural gas from the wells where ONGC is contracted to operate in the KG basin, as alleged by ONGC.
Corporate Social Responsibility can become a serious tool for improving the lives of millions in any structural and long term way, writes Rajni Bakshi.
Kirti Azad, a known detractor of Jaitley, egged on the Congress to seek a time-bound SIT probe.
Nearly two decades ago, then defence minister George Fernandes said: 'China has built roads up to the border, while there has been negligence on India's part.' Since Fernandes uttered these brave words, what has been done on the Indian side? The Modi Sarkar is apparently trying, but little has been achieved so far, says Claude Arpi.
Kerala is one state where the Congress may do well in the general election and it where Rahul Gandhi has demonstrated why he is serious about rebuilding his party, says T V R Shenoy.
Indian economy about to take-off
Is Modi trampling upon senior BJP colleagues while taking decisions? How come Team Modi underestimated the political action-reaction when they were upsetting and uprooting the BJP's founding fathers L K Advani and Murli Manohar Joshi in the ticket distribution process?
Concluding the three-part series, Paranjoy Guha Thakurta says that the black money law is likely to fail because of the ineptness of India's investigative and enforcement agencies.
It is hoped that the decision of India's apex court will send a signal to politicians and their cronies from the world of business that the rule of the law does eventually prevail, says Paranjoy Guha Thakurta.
Launching a scathing attack on Prime Minister Narendra Modi, Opposition parties on Wednesday alleged that selective leak of information on demonetisation of 500 and 1000 rupee notes to 'friends of BJP' and demanded making public the names of those who had bought gold and foreign exchange of over Rs 1 crore since April.
Transcript of the political resolution adopted by the Bharatiya Janata Party in its national executive meeting in Panaji, Goa on Sunday.
IIM-B, professor R Vaidyanathan talks to Shobha Warrier about black money, Mudra Bank and Jaitley's Budget.
Once these banks start showing losses, they will not be able to pay dividends to the government nor pay taxes, which will further aggravate the situation for the government as its return on investment as an investor would be very negligible for the next few years, says M V Subramanian.
Here is the full transcript of Congress vice president and Lok Sabha poll campaign chief Rahul Gandhi's first formal TV interview with Times Now Editor-In-Chief Arnab Goswami.
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