Defence Minister Parrikar was in favour of granting OROP to ex-servicemen but pressure was exerted on him by his cabinet colleagues on the issue, Ram Jethmalani claimed.
Any correction in Indian equities is an opportunity for investors to put in money for the long term
The country saw two straight years of deficient monsoons.
Excise exemptions may be whittled in Budget to offset higher govt salaries, pensions
'I want to leave behind the bank stronger and better than when I took over.'
Limited IT staff may compel them to focus on big fish than small depositors.
Yogi Adityanath on Monday completed 100 days in office as Uttar Pradesh chief minister but it was a low-key anniversary with no big event to showcase the achievements of the government.
The markets gained nearly 7 per cent in the 4 trading sessions of March.
'On December 5, the government called unions for pre-Budget consultations.' '12 trade unions were called and the time allotted was one hour which means 5 minutes for each union.' 'We were asked to present our views in about four minutes.' 'That itself is a reflection of how serious the government is about workers' demands.'
Among the private banking majors ICICI Bank and HDFC Bank were down 0.2%-0.5% each.
The EPS camp believes that the BJP was already arm-twisting the AIADMK into conceding more seats in the 2024 Lok Sabha elections 'than they deserve' observes N Sathiya Moorthy.
There are some 20-odd schemes with this default provision, or something close to it.
Lower inflation, FCNR(B) outflows likely to influence central bank decision
''Even without major reforms, with a business as usual scenario, and with current inflation trends, we should be clocking around 11 to 12 per cent nominal growth.' 'That is not happening and is a source of worry,' Rathin Roy tells Arup Roychoudhury.
With the Sensex again nearing 28,000 points, investors can make good returns with a one-two year horizon.
The derivatives expiry on Thursday is also expected to add to the volatility.
Allowing it to lapse leaves you unprotected and can, in some cases, cause loss of premiums paid, experts tell Sanjay Kumar Singh.
The military continues to battle difficult circumstances in Kashmir. Let's not add to their woes by spreading half-baked stories, factually incorrect posts and inaccurate articles.
Every demand of the armed forces remains essentially anchored to 1964 and its fulfilment or otherwise largely a function of money availability
RJD president Lalu Prasad on Thursday said Railway Budget has cheated people as it has nothing to offer.
As for structural reform, there are signs if one looks hard enough.
Economic reforms seem to be on a slow train, while good old fiscal populism is alive and flourishing.
The RSS chief's comment that if war broke out, the military would not be ready for at least six to seven months is correct as it faces a shortfall in training and alertness and an even greater lack of funds for defence preparedness, notes Ajai Shukla.
There are many collateral advantages of taking the tough decision.
The sops sanctioned by J Jayalalithaa on her first day in office could cost the exchequer up to Rs 8,000 crore annually.
The Modi government has not lived up to the muscularity the prime minister promised while campaigning, says Ajai Shukla
High fiscal deficits raise inflation which hits the lowest income and salaried classes.
India as a large country should have inter-modal connectivity, which will help us make travel easier, safer and seamless. That is how you will also gain. You will gain more money, make more revenues, says Praful Patel.
Structural changes to government finances could be focus of the Union Budget, says Mihir S Sharma.
'Making the railways better is a different type of a challenge.'
Excerpts from a speech on the Supplementary Demands for Grants, December 15.
A government that confuses PowerPoints for policy is delaying structural change too much.
With a middle class still so small and no apparent leaps in productivity on the farm or in manufacturing on the horizon, India faces its own age of diminished expectations.
One Rank One Pension (OROP) will have a significant impact on the country's fiscal bill and the overall cost will be around Rs 16,000 crore.
While the farmers are not getting remunerative prices for their produce, at the same time they are forced to pay high prices for items they consume.
Unimaginative increments, persistent refusal of funds have turned the military into an underfed child scared to ask for a full meal.
'Too much energy these three years has been invested in turning the party into an election-winning machine.' 'To recover its mojo, the Modi government needs a more impressive set of economic figures to flaunt,' says Shekhar Gupta.
Urban markets account for the major share of total revenues.
Summary of sports events and persons who made news on Tuesday
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