This development can strengthen the case for interest rate cut by the RBI.
Sharpening his attack on the Rashtriya Swayamsevak Sangh and Narendra Modi, Congress vice president Rahul Gandhi on Thursday accused them of trying to usurp the legacy of Sardar Vallabhbhai Patel and recalled the Congress stalwart's description of the RSS as "a venomous organisation" which could "finish" the country.
IDS-2 and raids to uncover black money stash keep receipts flowing
The overriding objective of the National Investment and Infrastructure Fund (NIIF) must be adequate economic return, not financial return.
The Land Acquisition Bill, passed by Parliament last month, will either make projects unviable or expensive for large infrastructure or real estate projects.
'The temptation of governments, to have a finger in the RBI pie will be just too great to resist, unless extensive amendments are carried out in the RBI Act treating it almost as the fourth branch of the government.'
In a pre-budget meeting with Finance Minister Arun Jaitley, the experts suggested timely implementation of the BJP's election manifesto promises to fix higher support prices. They also favoured a Kissan TV channel, an efficient procurement policy, priority for farm mechanisation and the linking of rivers.
The Supreme Court on Friday asked the Centre to release funds for MNREGA and to pay compensation to farmers in drought-affected areas.
The public-private partnership model is a compulsion, says the minister.
The Prime Minister tends to keep such decisions close to his chest.
Indian economy about to take-off
'The UPA was the gang that couldn't shoot straight. The NDA is the gang that can't stop shooting. They (the Modi government) are shooting at anybody, everybody, all directions, shooting themselves in the foot.'
'A lot will depend on the first Aayog and the power it derives.'
The MHRD plans to track various performance parameters of government school teachers and students through tablets and smartphones, reports Sahil Makkar.
The parade began after President Ram Nath Kovind conferred the Ashoka Chakra -- India's highest peacetime gallantry award -- to Lance Naik Nazir Ahmad Wani, a militant-turned-soldier who laid down his life fighting a group of terrorists in Shopian in Kashmir in November.
'Consider this image of today's youth in Bihar -- armed with a bike, a smartphone and possibly some illegal arms too, imbibing incessant stream of images from the Internet and television.' 'Some of them would turn into gau bhakts, some would listen with interest the exploits of Salafism, dig deep into the Internet to come out with images which cry vociferously that their respective religions are in danger.'
In the year since Modi cast the spotlight on Pakistan's human rights violations in Balochistan, India has not done much more than raise the issue at the UN a few times.
For the first time the Ford Foundation is placed under a watch.
'Growth is predicated on the misery of large sections of people.' 'Maybe Hindutva will be used to suppress any such unrest.'
Kanika Datta explains why the Modi sarkar is gunning for non-profit organisations
Prime Minister Narendra Modi is in Tanzania where he held talks with Tanzanian President John Pombe Joseph Magufuli.
'Poverty-stricken and drought-affected families in Bundelkhand and Marathawada are selling their children for as little as a few hundred rupees.'
On Sunday, Prime Minister Narendra Modi expanded his Cabinet and inducted 21 new ministers. Of these, 4 - Manohar Parrikar, JP Nadda, Suresh Prabhu and Birender Singh were appointed as Cabinet ministers. Other than this, Modi has inducted 17 other ministers of state. Here's a quick look at them:
Businesses that either take local communities for granted or see them as an obstacle to be 'managed' are skating on thin ice.
'When I met the prime minister on November 15 there was no RBI report with the prime minister as to why this was done.' 'When I asked the PMO officer about this, he said the RBI did not bring this to the PM and did it independently.' 'When I asked how could the RBI ban DCCBs from accepting deposits from farmers in old notes when the government gazette released on November 9 allowed them to do so, this officer told me that not even senior PMO officials had any idea about this RBI ban.'
'Understand one thing, if you want immediately and magically that things should become cheap, it's not possible. It's a long-term policy.' 'Inflation is linked to the storage system and with the production system. Whenever production rises, prices go lower. So if we store when the prices are low and release them when prices rise, prices can be maintained.' 'The problem is that in our country fruits and vegetables worth Rs 110,000 crore go to waste as they rot. And grains worth Rs 85,000 crore rot. So the storage system is another big reason for inflation.' Union Transport Minister Nitin Gadkari in an exclusive interaction with Sheela Bhatt/Rediff.com
'Life will not improve overnight; it will happen in a gradual manner.'
'Where is the analysis that we need to spend at least Rs 4 trillion to keep India safe?'
From educating people about the internet, connecting far-flung areas with a high-speed net, promoting entrepreneurship, building start-up incubators, women empowerment, to even running a voter registration campaign, cybersecurity and counter-terrorism, Facebook and Google have done it all for the government.
Appropriate policies will increase connectivity much more than spectrum auctions, says Shyam Ponappa.
President Pranab Mukherjee on Wednesday gave away Gandhi Peace Prize 2014 to ISRO in recognition of its services in transforming India through the use of space technology.
The Bharatiya Janata Party regime will have to make good on this election slogan to restore state-owned banks to health, says Rajiv Lall.
Creating many more half-decent jobs for the 10 million plus new entrants to the labour force each year must surely constitute the primary development challenge for India today.
Rural Development Minister Jairam Ramesh is coming under increasing fire from his own party colleagues for quite a few reasons, says Anita Katyal
While Raju and Brijesh Saroj have found help from the Uttar Pradesh government as well as the Ministry of Human Resource Development, Zahid Qureshi is struggling to make ends meet.
The State is trying to curb the students movements, therefore, there are suspicions against some of the Subramanian report on education's recommendations, says Mohammad Sajjad.
Make in India has big shortcomings when it comes to natural resources.
ICICI Bank extended yesterday gains, rising 10% in two trading sessions
Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.
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