The best possible move would be for the government to spend the funds on activities like infrastructure development or as it deems fit, says Soumya Kanti Ghosh.
Formidable challenges including funds for the farm loan-waiver, and law and order stare him at his face, with the opposition claiming the misses have outnumbered the hits.
Sukanya Verma's super-filmi week was high on drama.
While RBI is yet to come out with a clear regulatory framework for bitcoins, which have been gaining currency across the world over the past few months, it has issued an advisory cautioning general public against use of bitcoins and other virtual currencies.
Budget is a populist one, wil lbeneift common people
"On the one hand he says I was a 'yachak' (somebody pleading) and on the other hand he accuses me of having arrogance. It's very contradictory. I am willing to plead with the Centre for the cause of Bihar. He is the prime minister and can say whatever he wishes.
'The attempt to make Aadhaar mandatory has now emerged as an act of bullying by government agencies, turning citizens into subjects by making fundamental rights conditional on biometric identification,' says Gopal Krishna.
Sensing defeat, the Samajwadi Party and the Bahujan Samaj Party have launched a new game plan for a fractured mandate in Uttar Pradesh so that they can have bargaining power, Prime Minister Narendra Modi said on Monday.
Investment can only be by prospective dealers.
StanChart India CEO Zarin Daruwala is building a culture of 'celebrating liabilities,' the tough negotiator tells Niraj Bhatt and Anup Roy over lunch.
The 30-share Sensex is up 253 points at 29,263 and the 50-share Nifty has gained 68 points at 8,829.
In the event of a triangular contest the winning party will need about 40 per cent of the votes polled. And it is here that the votes of the numerically smaller communities will come into play.
The party desperately needs another state where, unfettered by the Centre, it can fly its flag.
'The major reason is the reluctance of the Indian citizen, particularly in the middle class, to pay his dues. Only around three per cent of Indians pay any income tax and these are mostly those who are employed, and whose taxes are deducted. I often refer to us as a nation of thieves, who steal from our government,' says Aakar Patel.
Dr C P Joshi, the rising star in the Congress party, explains his strategy for the Rajasthan poll.
'A fresh look is being given to ways of processing, transmission, and delivery.'
'Modi and his team have read the message from the ground.' 'People have started questioning what they have achieved by putting Modi in power.'
Nitish Kumar has failed to curb communal forces and hoodlums across communities. And that is ominous for Bihar's present and future, warns Mohammad Sajjad.
Taking action against promoters of Gillette India for non-compliance to minimum public holding norms, Sebi on Friday ordered freezing all corporate benefits arising out of their stake in the company.
Prime Minister Narendra Modi came under scathing attack from the Grand Secular Alliance on Sunday in poll-bound Bihar with Chief Minister Nitish Kumar, Rashtriya Janata Dal chief Lalu Prasad and Congress President Sonia Gandhi accusing him of "insulting" the state and failing to deliver on any of his promises.
'After his road shows, the people of Varanasi are debating what forced the prime minister to move around in the narrow lanes of Varanasi.' 'If he had taken out one road show, no one would have objected.' 'But what was the need to do it thrice?'
Kashmiri separatist leader Dr Ghulam Nabi Fai was released early from a minimum-security penitentiary, thanks to a surprising motion moved by the prosecution.
What is it about Arohan that puts it in the top league of microfinance institutions in the country?
Let Bihar be damned under its contradictions of having gone 'dry' and then having been submerged under flood, which is a recurrent phenomena? After all it is a godforsaken land, having lost its promises of overcoming its problems, says Mohammad Sajjad.
Hers is a rags-to-riches story for the ages, peppered with risks, determination and strokes of luck.
In 20th edition of his radio programme 'Mann ki Baat', Prime Minister Narendra Modi talked about water conservation, Rio Olympics and other subjects.
'It was not an agreement, this was his proposal and of course it (then) went to the vote at the (FIFA) executive committee'
'I am here to look after people's needs.' 'I am not bothered about who is a Maoist or who is not.'
'Big countries do not agree on every set of issues.' 'Look, one of the differences in the relationship is that when we do not agree, we are sitting down and talking to each other.'
About 5.5 million users are looking for real estate online in India
Indian economy about to take-off
Choose insurance from stable companies that have been in the business for a long time
Jayapur, adopted by the prime minister, is reaping the benefits of his endorsement, causing resentment in villages nearby, says Manavi Kapur.
'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.'
And it's written with tears, blood and unspoken lines.
Markets extended gains led by financials and capital goods shares coupled with a rebound in IT shares.
Amol Shahane remembers the first time he was introduced to St Valentine.
Sri Lanka's signals -- that it is ready for 'joint fishing' initiatives -- and Tamil Nadu fishermen's sticking to commitments have paved the way for a negotiated settlement on a long festering issue, says N Sathiya Moorthy
Nike Inc and some other big international companies face a grilling over their powerful role in Brazilian soccer.
New book claims Amar Singh gave between 20 and 100 per cent of his entire net worth to the Clinton Foundation.