Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
'The uneducated think of their rights as a gift. This is deeply troubling.' 'If they were educated they could claim what is rightfully theirs.'
He also said GST will take about a year to stabilise.
The Budget has stuck to annual increases in agri credit targets.
India is too diverse to be governed centrally and with a single system. The way forward is for the central government to keep the monopoly of military power and a share of national resources while the provinces must have greater autonomy, recommends Colonel Anil A Athale (retd).
'Even when toasting a true story, say our movies, a superstar is worth more than a real hero,' says Raja Sen.
Move aimed at giving more headroom to foreign investors.
Total income from operations rose 6.55 per cent to Rs 5,361 crore (Rs 53.61 billion) for the reported quarter as compared to Rs 5,031 crore (Rs 50.31 billion) for the same period last year.
BSE Midcap and BSE Smallcap outperformed the frontline indices to gain 0.2% and 0.3%
The S&P BSE Sensex ended up 129 points at 26,843 and the Nifty50 ended up 39 points at 8,220.
The S&P BSE Sensex has gained 149 points to open at 25,802.
The comments need to be submitted to the Competition Commission of India within 15 days, along with supporting documents on how the merger can adversely impact the concerned person or entity, the regulator said, while adding that it would not consider 'unsubstantiated objections' to the deal.
'Every few days, I wake up with a sense of restlessness that time is running out'... 'We have created a due process for stressed assets to resolve, but there is no concrete plan in place for public sector bank balance sheets,' says RBI Deputy Governor Viral Acharya.
Based on a writ petition filed by some individual investors, the High Court while ordering the status quo on Friday, issued notices to SEBI, BSE, NSE, Sun Pharma, Ranbaxy, Daichii Sankyo and Silver Street Developers.
'If these two parties come together, there could be amalgamation of OBC, Dalits and Muslim votes.'
'What is critical today in India is confidence of depositors.' 'If you have these kinds of problems spreading like this, the confidence level of a lot of people in the system gets shaken.'
Investors brace up ahead of the key macrodata- IIP and CPI numbers due to be unveiled tomorrow.
Make yoga your way of life and enjoy the unconditional and uncountable benefits leading to better physical and financial health, says Harjot Singh Narula
S&P BSE Midcap index and S&P BSE Smallcap were down 2% and 1.3% respectively
While the government has claimed significant increase in funds for farm credit, PMKSY and PKVY, facts show a different story.
'For 20 years, successive governments have failed to provide housing for the poor. Here, they were to get 400 sq ft flats for Rs 54,000,' says Prakash Ambedkar who was arrested by the Maharashtra government for getting thousands of people to submit forms for these apartments.
As the Centre faces multiple hurdles, BJP-governed states such as Rajasthan, Madhya Pradesh and Gujarat have swiftly moved in to usher in radical reforms as they aim to take a larger share of the FDI pie.
The merger will result in substantial cost and capex synergies with an estimated net present value of around USD 10 billion after integration costs and spectrum liberalisation payments, with estimated savings of USD 2.1 billion annually from the fourth year of the merger.
Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon
The 90-minute meeting is being seen as an attempt at reconciliation between Shivpal, a Cabinet minister, and Akhilesh after intervention of the latter's father Mulayam.
BSE Metal and Capital Goods indices plunged over 2% followed by counters like Consumer Durables, Auto, Banks and Realty, all falling down between 1-2%.
Auto stocks are weighing on the indices.
Not Out! is a brilliant analysis of the IPL that explains why it alternates between thrill and scandal, says Dhruv Munjal.
Let us see the problem for what it actually is: Illegal Immigration plain and simple, confined to the northeast with a definite communal slant that poses a national security risk and one that needs to be dealt with firmly and promptly by stringent identification (and deportation), says Vivek Gumaste.
Sensex ended strong, Tata Steel, HUL climb higher.
'LIC's proposed investment will come out of what is technically called the 'policyholders funds'.' 'As the name implies, these monies belong to policyholders; that is, you, me and 25 crore others who have taken a total of 30 crore policies from LIC.' 'It is not the government's or LIC's money to play poker with,' says S Muralidharan, former managing director, BNP Paribas.
Audi, currently, holds the crown of 'Numero-uno' luxurious automaker in the country and it is, by no means, ready to drop this prestigious title.
'A CEO is successful if he is able to retain the confidence of his shareholders. And the shareholders of India Inc have backed their prime minister-CEO to the hilt,' says Sudhir Bisht.
With a slew of product releases this time, Apple has made it very difficult for its competitors to survive in the market with its state-of-the-art products and software. It will be interesting to see how competition answers with their upcoming products.
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