The banks argue since the scale of credits is unforeseen, they will have to bear an unknown cost of servicing these accounts.
'She really doesn't care if she is called heartless.' 'For her, the job needs to be done. That's all that matters.'
'The issue is not whether the farm laws are beneficial for the farmers or not.' 'The farmers have taken a stand that they do not want these laws.' 'Why do you want to thrust these laws down their throat?'
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.
Pranab Mukherjee's stewardship of the economy will stand out as much for the manner in which he managed controversies as for creating quite a few of them, says A K Bhattacharya.
The three-member committee of experts, which has recommended a substantial hike in the salary and allowances of Delhi MLAs, on Wednesday justified their proposal saying it was a product of "careful and thorough" examination and will not make city legislators the highest paid in the country.
'The CBI should be bifurcated and the CBI's charter should be restricted to anti-corruption cases.'
'The investigation of major criminal cases having national and international implications, and national crimes spread over more than one state may be entrusted to a new national crime bureau,' recommends Dr Madhav Godbole, the former home secretary.
'We feel there is definitely something murky in the system.' 'Will anyone believe that Nirav Modi will go to a branch and bribe a low-level officer?' 'Just look at the people with whom he had moved around.'
Both have been robustly muscular leaders who began as immensely charismatic politicians conveying an impression that they were makers of history, raring to go. Both have been hyperactive on the world stage. But in the final analysis, Abe is departing on a sombre note, unceremoniously and apologetically, observes Ambassador M K Bhadrakumar.
The Centre needs to have dialogue with the Opposition instead of letting politics come in the way; it needs to stoop to conquer, says Aditi Phadnis.
Likely to be merged with Union Budget from FY18
The United Progressive Alliance government's efforts to rein in the judiciary may come unstuck as its ambitious bill scrapping the collegium system of appointing judges to the Supreme Court and high courts as the Bharatiya Janata Party is unlikely to allow the passage in the ongoing Parliament session.
Economic reforms seem to be on a slow train, while good old fiscal populism is alive and flourishing.
The party said that the Delhi cricket body had become a den of corruption during Jaitley's 13-year rule.
As CAG found Reliance Industries was being favoured in gas exploration deal to the government's detriment, former Prime Minister Manmohan Singh told the then top auditor Vinod Rai that audit should not hurt the private sector and RIL was one of the biggest and most respected.
'Some in the Congress believe the party should, somewhat brazenly, claim the cause of fighting corruption as its own. But the Congress's idea of fighting corruption is nothing but tinkering with laws, it lacks the stomach to take on the corrupt,' feels T V R Shenoy.
Finance firms in these SEZs likely to get tax breaks.
The productivity of the Lok Sabha was 91.58 per cent while that of Rajya Sabha was 56.29 per cent.
There is a great need to introduce a transparent process to select information commissioners, who are expected to oversee transparency, says former Central Information Commissioner Shailesh Gandhi.
The government will take necessary action on lobbying by Walmart to enter India if US authorities come out with "something tangible" on this matter, but a probe here could not substantiate allegations against the global retail giant, Corporate Affairs Minister Sachin Pilot says.
BJP on Thursday alleged the government is trying to spread disinformation that the opposition had initially supported the bill on convicted lawmakers but did a volte face later and insisted that it has been against the move from the beginning.
Vishwajit Rane purportedly can be heard saying that during a Goa cabinet meeting last week Parrikar stated he had an entire file and all documents relating to the Rafale deal lying in his bedroom, Surjewala claimed, playing the conversation for the media outside Parliament.
Jaitley said the government had earmarked Rs 25,000 crore (Rs 250 billion) for recapitalisation.
'Whatever the BJP tries to do, they will not be able to make a big mark in Kerala.'
This historic Vishaka judgement brought the issue of sexual harassment in the workplace into the mainstream discourse says Kanika Dutta.
Chaos in Parliament threw a spanner in the government's efforts to revive the economy and kick-start reforms.
The imapsse continues over issues like bank scams and special status demand for Andhra Pradesh.
Congress Member of Parliament and party spokesperson Sushmita Dev tells Kavita Chowdhury that party Vice-President Rahul Gandhi's "new kind of politics" has revitalised the party, lifting it from the gloom of the 2014 general elections.
The move would help the PM Modi shape a women-centric narrative.
Insolvency professionals feel the bankruptcy code will deter defaulters, but NPAs will not cease unless banks are sensitised on credit appraisal and experts are hired by banks to inspect what is happening with their loans.
Congress leaders have hit out at the BJP governments at the Centre and in Karnataka, questioning its timing.
The leadership styles of the two Gandhis being different, the party appears to be pulling in different ways. While Sonia Gandhi, the longest-serving Congress president, seems more predisposed to holding the government accountable on issues of probity, the younger Gandhi is more keen on taking up battles that ensure immediate victories.
P Chidambaram accused the BJP of making a u-turn on bills like GST after having stalled them during the UPA regime.
'If Urjit Patel had resigned after the five-state elections results people would have taken a different view. So this was the right time for him to resign.' 'He rightly resigned as he felt the differences with the government were not getting settled.'
Accusing the United Progressive Alliance government of "heaping hardships on people," Tamil Nadu Chief Minister J Jayalalithaa flayed its "knee-jerk" reaction of increasing Foreign Direct Investment cap in different sectors and warned that its "insensitivity" towards people will take its toll soon.
'The critics are getting carried away.' 'The challenge for the RBI is not any erosion of autonomy caused by demonetisation.' 'It's the whole attempt to reduce the RBI's stature and role that has been under way,' says T T Ram Mohan.
Will RBI chief have the final say, in the form of a veto
Economists expect Modi to announce big-bang reforms.
P Chidambaram said that the fiscal deficit target for 2013-14 will be met and the current account deficit will be contained below $40 billion.
The man who led this journey is 50-year-old Kalanithi Maran, chairman and managing director of the Sun Group.
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