The Pakistani military may shortly give Imran Khan the boot, substituting him with another puppet, predicts Lieutenant General Prakash Katoch (retd).
The government was also faced with problems on its balance of payments. It took steps to conserve declining foreign exchange reserves, and began to regulate the production, supply and distribution of gold. It banned forward trading in the yellow metal in November 1962, and introduced gold bonds as well, reveals the RBI's annual report for the year ending June 1963.
India's near-term growth has improved: IMF
Every country is a free trader when it sees advantage, and a trade warrior when it does not, says T N Ninan.
'This prime minister thinks he knows everything.' 'He has to consult, he has to talk and he has to mobilise the best people, but having seen him function, I have no expectations from him.'
With six airports handed over to the Adani group for 50 years, the government is now all set to hand over another 25 airports to private players in a bid to 'monetise' them. Official figures reveal that since 2017-18, the government has spent and will be spending Rs 14,500 crore on significantly revamping infrastructure at most of these airports before handing them over to private players. The Airports Authority of India (AAI), which operates these airports for the government, has spent billions of rupees in building new terminal buildings, runways, reinforcing taxiways, upgrading aircraft landing systems, radars and a host of other heavy duty and capital intensive infrastructure works.
Agri experts are meeting FinMin ministry officials on Monday to give their inputs on the Budget.
'If done well, the containment measures can help minimise the impact of the epidemic.'
For the urban population, recalibration of ATMs has already started and they will start dispensing the new Rs 2,000 currency notes from Monday or Tuesday.
'The 10% increase in women voters was a determined bloc of voters.' 'They were willing to try this third party, specially because it seemed it had done something in Delhi.'
'We are not yet out of the woods.' 'If India sees the South African or Brazilian type of mutations, our numbers will rapidly rise.'
Deputy CM Manish Sisodia says it's the 'biggest failure of our system'.
'Tens of millions will be working from home for months at a time, which means the smartest brains in business will be focussed on creating more efficient WFH processes,' predicts Devangshu Datta.
Director general, Railway Protection Force (RPF), Arun Kumar has asked general managers of zonal railways to keep vigil to contain the impact of the nationwide strike called by farmer groups against the three agri laws.
Several private hospitals across the country said they have no clarity on procuring COVID-19 vaccines under the new policy announced by Prime Minister Narendra Modi and that it has led to the vaccination being put on hold at their centres.
AAdhar cannot be successful unless there is proper coordination at the helm.
'To re-establish the writ of the State and resume governance, frayed tempers in the streets and in the media need to be calmed.'
Last week, Premier League players had launched the Players Together Fund, which primarily aims to help the NHS.
'What is bank recapitalisation? When the rich take loans and do not return and the government returns that money to the banks.' 'What is restructuring 5:25 scheme? The government says don't return now, just tell us you will return after five years.' 'Why don't we apply these schemes to farmers?' 'I want to increase the power of farmers to blackmail the government as everyone in the country has the power to blackmail.'
'It is sad that Kerala had so many Covid patients which is primarily due to the mismanagement of the Left government.' 'The technical committee was full of CPI-M leaders who happen to have medical degrees with no experience in public health.' 'They were advising the CM and we are paying for those mistakes.'
SVAMITVA is a new government project that primarily aims to demarcate abadi areas that includes inhabitant land, inhabited areas contiguous to abadi and wadis/basties in rural areas, using drone surveying technology.
The central bank's tough new rules spell major changes in the competitive landscape for financial services audits.
India should take 'measured approach' with stimulus packages to deal with COVID-19 by limiting interventions to the provision of food, shelter and basic necessities of life for all; forbearance on payments of outstanding loans; and extra provision of working capital including what will be necessary to cover outstanding wages from lockdown period to enterprises.
The designation seek to deny Dakhil the resources to plan and carry out terrorist attacks.
People spent a sleepless night as a series of aftershocks shook Assam after a strong 6.4 magnitude earthquake caused extensive damage to buildings.
Critics said a 10-plus per cent annual increase in incomes is a tall order, given that between 2002-03 and 2012-13, farm incomes grew yearly by 3.6 per cent.
The central bank can directly print money and finance the government, but it should avoid doing so unless there is absolutely no alternative, former RBI governor D Subbarao on Wednesday said while pointing out that India is 'nowhere' near such a scenario. In an interview with PTI, Subbarao suggested that to deal with the second wave of COVID-19 induced slowdown in the economy, the government can consider Covid bonds as an option to raise borrowing, not in addition to budgeted borrowing, but as a part of that.
Incidents like these are a wake-up call, says School Education Secretary Anil Swarup. 'Today, if a particular problem has been found, technology allows solutions to address it,' he says, suggesting alternatives such as printing and distribution of encrypted question papers on the day of the exam. Swarup wants electronic tracking to keep tab on who has access to and can, therefore, leak papers.
Finance Minister Nirmala Sitharaman on Monday presented the Budget for 2021-22 in the Lok Sabha that is expected to provide relief to the pandemic-hit common man as well as focus more on driving economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours, As India emerges from the COVID-19 crisis, the ninth Budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
Each 'adarsh village' should have piped drinking water, connectivity to the main road, electricity supply to all households, library, telecom and broadband connectivity including CCTVs in public areas. Emphasis will also be on e-governance, says Sheela Bhatt/Rediff.com.
Government doctors were visiting severely affected areas to distribute medicine for the residents to safeguard themselves against diarrhoea and other water-borne infections.
'India need to look beyond the economic prism.' 'China had no qualms in taking the Kashmir issue to the UN Security Council last year -- not once, but thrice -- thus violating Indian sensitivities,' observes China expert Srikanth Kondapalli.
Long-term capital gains tax may be scrapped and the burden of dividend distribution tax could perhaps be shifted from companies to shareholders. Also, the Budget could provide income tax relief for the salaried classes, while proposing tax sops for small, medium and micro enterprises.
'For now, the AAP is the conversation,' Lord Meghnad Desai tells Rediff.com's Sanchari Bhattacharya. 'Everyone is talking about the 'Delhi model'. They have made so much difference. They have changed politics.'
Cipla is among the three Indian companies that signed a non-exclusive licensing agreement with US-based Gilead Sciences to make and distribute the latter's repurposed Ebola drug Remdesivir in 127 countries including India.
'These days, you could give the money to your maid or the person who comes to collect your garbage or your watchman; they are struggling to make ends meet.' 'You could help a friend whose business is at risk due to the lockdown and the struggling economy.' 'Even if you lend money to someone in this crisis, it will be more useful to the economy than parking your money in some government fund,' says Praful Nikam.
'The Modi government is about privatising profits and nationalising losses.'
The implementation of the policy would require public health spending to rise to nearly 2.5 per cent of the gross domestic product, from the present dismal one per cent, with the Centre bearing about 40 per cent of it.
The savings would be better spent and might actually reach the poor, says Rahul Khullar.
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