India Inc on Tuesday described Finance Minister Pranab Mukherjee as industry's Sachin Tendulkar saying the veteran leader was steering the economy "with ease of a seasoned player" in difficult times.
Moderating inflation and a likely reversal of tight monetary policy will boost the economic prospects during 2012, said Finance Minister Pranab Mukherjee.
'Politics is a game of public perception and my father felt that by his long disappearances, Rahul Gandhi was losing the battle of perception.'
The sad truth is that the debt-to-GDP ratio will shoot up close to 90 per cent in the coming year, and the fiscal deficit glide path does not promise to reduce it substantially any time soon, predicts Mihir S Sharma.
Hazarika and Deshmukh were given the Bharat Ratna posthumously.
The 84-year-old was admitted to the military hospital around noon on Monday, and had also tested positive for COVID-19 prior to the surgery.
Lamenting that India's higher education institutions are facing problem of quality, President Pranab Mukherjee on Tuesday said the country was far behind China and the United States in terms of innovation and pitched for 'drastic action' to reform the system.
Leader of the Opposition Lal Kishenchand Advani raised the issue of the Chinese envoy's remark.
For India, the ideal inflation rate would be 4-5 per cent although it may be difficult to attain, the minister said while inaugurating the Economic Editors' Conference in New Delhi.
'I want to ask the Congress only one question: What is more important than election management in politics?'
"We are for fight against terrorists and all sorts of terrorism. Therefore, we have no sympathy for any terrorist activity indulged in by any organisation, particularly LTTE (which) is a banned organisation in India," he told media persons. He made the remarks hours before his departure to Sri Lanka, where the government has claimed to have captured Mullaithivu, the last bastion of LTTE.
During the period of state mourning, the national flag will fly at half-mast on all buildings throughout India, where it is flown regularly, and there will be no official entertainment.
'There was trust, but perhaps there was also this apprehension that given the supreme post of prime minister, Sonia Gandhi felt her authority may be a challenged.'
Pranab Mukherjee the President in waiting dodged all questions pertaining to politics and said 'I am no longer a minister'. He was in Bangalore to interact with the Electoral College seeking support for his candidature as President of India.
Finance Minister Pranab Mukherjee on Friday said surging food and fuel prices amid weak global economic growth are adversely impacting GDP growth of the country.
India-China ties have developed rapidly and the exchanges of high-level visits have forcefully promoted bilateral ties and cooperation for mutual benefit, said Pranab Mukherjee. He met his Chinese counterpart Yang Jiechi over the weekend in New York.
For the 2009-10 fiscal, Pranab said, he expects the economy to grow by 7.2 per cent.
As Pranab Mukherjee steps down as President, we remember the man, the politician, the Rashtrapati.
Budget ideas from industry are irresponsible
"We expect Pakistan to do whatever it has committed. We want it to fulfill its promises, fulfill its commitments as a responsible nation of the international community," External Affairs Minister Pranab Mukherjee told media persons, adding, "No responsible nation can escape its commitment."
President Pranab Mukherjee on Monday made a strong case for Bangladesh granting transit and connectivity to India, contending that this can pave the way for greater integration in South and South East Asia.
"Terrorism remains a scourge for our region. If a country cannot keep the assurances that it has given, then it obliges us to consider the entire range of options that exist to protect our interests and people from this menace," External Affairs Minister Pranab Mukherjee said, without naming Islamabad.
The book, which was in the news recently for Pranab Mukherjee's critical comments on the Congress, including his observation that the party lost political focus after his elevation as president, is set to be launched next month by Rupa, which published the two earlier volumes of his memoirs.
India will decide what type of arms and weapons it requires in its defence system.
"In his childhood, my dad and my uncle would hoist National Flag at our ancestral home in village. Since then, he never missed a year to hoist tri-colour on Independence Day. Sharing some memories from last year's celebration at home. I'm sure he'll do the same next year. Jai Hind," the 54-year-old daughter of the former president wrote and shared some old pictures of Mukherjee.
Finance Minister Nirmala Sitharaman is set to create history when she presents her seventh straight Budget on Tuesday for the fiscal 2024-25, surpassing the record of former prime minister Morarji Desai. Sitharaman, who will turn 65 next month, was in 2019 appointed as India's first full-time woman finance minister when Prime Minister Narendra Modi won a decisive second term.
The essential dispute is over China's refusal to acknowledge the McMohan Line as the border between the two nations, and staking claim to large tracts of land as a contiguous part of Tibet.
'I think we will be able able to inspire confidence in the minds of prospective investors,' says Mukherjee.
As security situation in Pakistan continues to deteriorate, India has said developments in the neighbouring country would have a "bearing" on its territory too.
With these three recipients, 48 eminent people have been conferred the award so far.
It was a many splendoured political career, which ended at the presidential palace. But the prime minister's post eluded him, even though it was a position he openly aspired for.
President Pranab Mukherjee on Tuesday night sent a strong message to Bangladesh, rocked by violence, counselling that political differences should be resolved through dialogue and communal peace and harmony maintained.
"Whenever we will be in a postion to share it with Pakistan, it will be done so," External Affairs Minister Pranab Mukherjee told media-persons in New Delhi when asked when India will respond to Pakistan's questions.
'We think we can do anything and everything when we have an overwhelming majority in the legislature. But that should not be the case'
Union Finance Minister Pranab Mukherjee arrived in Washington, DC on Monday to participate in the India-US economic partnership dialogue, during which he is expected to meet US Secretary of State Hillary Clinton.
'The Presidential Years' would be the fourth to be authored by Mukherjee, who passed away on Monday at the R&R hospital at the age of 84.
On the occasion of his 81st birthday, political leaders across parties and other eminent personalities greeted President Pranab Mukherjee.
There was considerable disquiet in the Congress after Mukherjee accepted the invitation of the RSS to address its workers at its headquarters in Nagpur.
With the tablet carefully kept inside a red cover with a golden-coloured national emblem embossed on it instead of the briefcase, Parliament will be her next destination after the call on President Droupadi Murmu at Rashtrapati Bhawan.
As the problem of job losses in the domestic economy continues to grow, Prime Minister Manmohan Singh will again take up the issue of "protectionist policies" by advanced countries during his G-20 tour. The Union government feels that these policies will add to the massive job losses in the country, especially in labour intensive sectors engaged in exports.
