While the capital spending is being maintained at 3.1 per cent of the GDP, a little more would have boosted economic growth even further, suggests Rajiv Memani.
Plagued by differences, a meeting of Members of Parliament of the Janata Dal-United on Monday failed to take a common stand on the Women's Reservation Bill, but a majority of the party MPs in the upper House are set to vote in favour of the Bill.
The liquidity will move into deficit after advance tax payments and GST outflows. It will rebound in October because of government spending.
He asserted that the AAP cared for the people of Delhi and that's why they announced financial assistance for the Resident Welfare Associations to help people ensure better security in their neighbourhood by hiring private security guards.
A Green Card, known officially as a permanent resident card, is a document issued to immigrants as evidence that the bearer has been granted the privilege of residing permanently in the US.
The contentious anti-conversion bill was cleared by the Karnataka Cabinet on Monday and it is most likely to be tabled in the legislative Assembly on December 21, official sources said.
A bench of Chief Justice DY Chandrachud and Justices PS Narasimha and JB Pardiwala was told by solicitor general Tushar Mehta that he had some discussion with the governor on the issue and would make a statement on the next date of hearing.
The government's initiative to migrate SEZ data from NSDL software to ICEGATE system for streamlined reporting of import data caused double counting of gold imports, resulting in inflated figures and the issue has now been largely rectified, government sources said. The downward revision has provided the actual picture of trade deficit (difference between imports and exports), which was earlier looking very high. The deficit for November will now be revised downwards from $37.84 billion to about $32.8 billion. Similarly, there will be a revision in overall import numbers as well.
Ramesh said the current limit of 50 percent is not explicitly mandated by the Constitution, but has been decided through various Supreme Court decisions.
Yet another effort to reach a consensus on the Women's Reservation Bill failed to make any progress with two major political parties staying away from an all-party meeting here today and others opposed to the measure sticking to their guns.
'Reena stayed in the next building. We fell in love but had to meet secretly because her parents didn't approve of me.' 'I would always be afraid that her parents would get her married off to somebody else.'
The Samajwadi Party said not a single male would be elected to the Lok Sabha ten years after the Women's Reservation Bill came into force and advocated a quota for the fair sex within political parties. "Once the bill comes into force, not a single male would be elected to the Lok Sabha after ten years as elected women would not leave their seats, nor will the political parties be in a position to replace them," Samajwadi Party president Mulayam Singh Yadav said .
The government said on Friday that the controversial Women's Reservation Bill would be brought for consideration in the Lok Sabha in the Monsoon Session of Parliament -- a move apparently aimed at dividing opposition unity.
The number of cyberfraud cases has skyrocketed from 2,677 in 1999-2000 to 29,082 in FY24 -- more than a 10-fold increase. The RBI pegs digital payment frauds at Rs 1,457 crore in FY24, up more than five times in a year. It's not just the number of frauds. What's alarming is the growing sophistication of the fraudsters, exposing the vulnerabilities within the financial system, observes Tamal Bandyopadhyay.
Faced with a challenge to his traditional Other Backward Class-Muslim vote base from the ruling National Democratic Alliance in poll-bound Bihar, Rashtriya Janata Dal chief Lalu Prasad appears to be making inclusion of caste in census and opposition to women's reservation bill his major planks to woo the electorate.Strongly pitching for incorporating caste in census, he said opposing it could spark a 'mass agitation'.
"Though we welcome the amendments to Succession Act, passing of Domestic Violence Act, women quota in NREG Act and the announcement of extension of maternity leave to six months, we are critical of the failure of the UPA government to introduce the bill on 33 per cent reservations of seats to women in Parliament and state assemblies," the resolution, adopted on the penultimate day of the ongoing 20th Congress of the CPI, noted.
IT major Wipro on Friday posted a 4.6 per cent year-on-year rise in its consolidated net profit for the June quarter at Rs 3,003.2 crore. The Q1 FY25 revenue of the Bengaluru-headquartered firm, however, fell 3.8 per cent to Rs 21,963.8 crore.
'If you are not prudent, you may exceed your budget, and if it happens too often, you may end up in debt.'
At the state level, Pawar appealed to Maharashtra Chief Minister Eknath Shinde to convene an all-party meeting to discuss the quota dispute.
'I don't believe there is an international conspiracy to swamp tribals in India or in Jharkhand.'
The decision by SP, with 21 members in Lok Sabha, and RJD with four will, however, have no impact on the stability of the UPA government. The SP and the RJD were outside supporters of the government.
Jarange is a strident critic of the senior BJP leader and has routinely accused him of being the main obstacle in the Maratha community's quest for reservations.
Consensus continued to elude the Women's Reservation Bill which is unlikely to see the light of the day during the current session of Parliament.
In a historic transition, the Parliament moved into a swanky new complex on Tuesday, with Prime Minister Narendra Modi urging MPs to forget all past bitterness and start a new chapter and the introduction of the women's reservation bill taking centre stage.
The Biju Janata Dal on Tuesday opposed the no-confidence motion against the government on the Manipur violence, saying what happened in the state is due to "legacy issues" running back several decades.
Social changes take a "little time" and sometimes it is easier to bring a law but difficult to persuade society to change with it, the Supreme Court observed on Thursday while deliberating upon the issue relating to the dissolution of marriages.
The Parliament on Tuesday unanimously passed the bill to restore the power of states and union territories to prepare and maintain their own list of socially and educationally backward classes (SEBCs).
Amid protests by Opposition members seeking a debate on price rise, the Lok Sabha on Friday passed the Indian Antarctic Bill, 2022, which seeks to extend the application of domestic laws to research stations set up by India in the Antarctic region.
UPA managers say cooling of tempers, passage of Budget are bigger priorities.
The Supreme Court on Thursday struck down the 10.5 per cent reservation provided to Vanniyars, a Most Backward Community (MBC) in Tamil Nadu, in government jobs and admission to educational institutions.
Apparently addressing concerns that it was encroaching into parliamentary territory, the Supreme Court has said the report of the Parliamentary Standing Committee on the OBC reservation bill will be placed before it after it is tabled in the House.
'When our daughters, wrestlers Sakshi Malik and Vignesh Phogat, were protesting at the Jantar Mantar, the police kicked them with their shoes.'
The firebrand OBC leader, who is clearly keen on projecting her status as a backward caste leader, is seeking quotas within the legislation and a thorough discussion in the party on the issue before formulating its stand
The Supreme Court on Tuesday reserved its verdict on a batch of pleas challenging the validity of the 103rd Constitution amendment providing 10 per cent reservation to economically weaker sections (EWS) persons in admissions and government jobs.
Manmohan Singh represented the finest aspects of India, asserts Aakar Patel.
The Lok Sabha on Tuesday passed the Constitution amendment bill to restore the power of states to make their own OBC lists after a thaw in the logjam as Opposition parties backed the legislation but demanded the removal of the 50 per cent cap on reservation, with many of them also calling for a caste-based census.
Better protection for depositors and investors was one of the chief considerations in Union Finance Minister Nirmala Sitharaman introducing, on Friday, the Banking Laws (Amendment) Bill, 2024, in the Lok Sabha to amend four pieces of legislation. This amendment is also to improve audit quality in public-sector banks (PSBs), offer consistency in reporting by banks to the Reserve Bank of India (RBI), and provide for an increase in the tenure of directors in cooperative banks.
In a major decision, the RBI on Friday announced that UPI payment limit to hospitals and educational institutions will be raised to Rs 5 lakh from Rs 1 lakh at present and hiked the cap for e-mandates for recurring payments to Rs 1 lakh. Unveiling the December bi-monthly monetary policy, Reserve Bank Governor Shaktikanta Das said the limit for various categories of Unified Payments Interface (UPI) transactions has been reviewed from time to time. "It is now proposed to enhance the UPI transaction limit for payment to hospitals and educational institutions from Rs 1 lakh to Rs 5 lakh per transaction," he said.
The dramatic moves of Donald Trump, which have shaken up the global order, dominated the discussion. A sense of bewilderment prevailed, but there was also expectation that President Trump would settle down to a more traditional style of governance after a time of shock and awe, observes Ambassador T P Sreenivasan, an attendee at literary festivals in Calicut, Jaipur, Kochi, Sharjah and Thiruvanathapuram.
The Rashtriya Janata Dal, a key ally in the United Progressive Alliance, on Wednesday strongly opposed the Women's Reservation Bill in its present form. The party did not rule out withdrawing support from the Congress-led coalition at the Centre if its demand for quota within quota, for Dalit and minorities in the legislation, was not conceded. RJD's rigid stand might throw a spanner in the efforts of the UPA to ensure passage of the Bill in the Monsoon Session of Parliament.
