While inaugurating the projects, Modi said highways construction has reached 27-km a day from mere 12-km a day during the Congress regime.
Law Minister Ravishankar Prasad tells Rediff.com that the government have decided to repeal 36 obsolete laws immediately, but many more will be added to this list in the coming months. The minister also informs that this exercise was undertaken on the instructions of Prime Minister Narendra Modi who had flagged the issue soon after he took charge. Rediff.com contributor Anita Katyal reports.
With his strong views on Bharatiya economics, his appointment to the RBI board may well presage interesting times, says Archis Mohan.
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.
Under constant attack from his political opponents, the public and the media, he is said to have withdrawn into a shell, says Anita Katyal
'Modi and Abe are working seriously for India-Japan bonhomie to grow stronger.' 'It is a win-win situation for both countries and the future look promising,' says Rajaram Panda, the Indian Council for Cultural Relations India Chair Visiting Professor at Reitaku University, Japan.
'We are rushing to 'develop' without carefully valuing natural areas.' 'With careful land use planning and scientific zonation at least 5 to 10 per cent of the country's land can be secured for tigers and other such species, and another 5 to 15 per cent kept under low-impact uses to support biodiversity that can coexist with human uses.'
Beyond the barbed wire and watchtowers, though, lies a story that casts more than a little doubt on whether this dream will ever be realised. Praveen Swami reports.
Markets could slide again owing to conditions in Europe and the US.
Congress Member of Parliament and party spokesperson Sushmita Dev tells Kavita Chowdhury that party Vice-President Rahul Gandhi's "new kind of politics" has revitalised the party, lifting it from the gloom of the 2014 general elections.
Has the army confronted China, equipping itself with emergency purchases that have been largely paid for by pensioners, asks Ajai Shukla.
'Notwithstanding the realisation among the Indian leadership to build up its navy for the force's expanding role, the Indian Navy was allocated only 15% of the interim defence budget presented in Parliament in February 2019.' 'The outlay for the navy's capital acquisition is not even adequate to meet its committed liabilities,' points out Brigadier S K Chatterji (retd).
Defence projects worth a whopping Rs 80,000 crore were on Saturday cleared by the government which decided that six submarines will be made indigenously and over 8,000 Israeli anti-tank guided missiles and 12 upgraded Dornier surveillance aircraft will be purchased.
Advice to the new finance minister from former RBI governor Raghuram Rajan: 1. Clean up banks by reviving projects that can be revived after restructuring debt. 2. Improve governance and management at public sector banks. 3. De-risk banking by encouraging risk transfers to non-banks and the market. 4. Reduce the number and weight of government mandates for public sector banks, and for banks more generally.
The government is following a path where it will not be irresponsible or profligate with public money but will intervene in the interest of the poor
Tax Guru Anil Rego answers your personal income tax queries.
With buyers playing safe, projects such as Delhi-Gurgaon Expressway find it difficult to get new concessionaires
Unlike RIL, the Adani group has not yet brought in any big stakeholders to refinance debt or expand.
Govt is keen to push reforms in the insurance sector.
Budget proposals have set four goals to transform Indian Railways.
'I feel more like a chess player, thinking for long hours how to make the next move," Telecom Secretary Aruna Sundararajan tells Surajeet Das Gupta.
Projects about to be completed include the first rail connectivity projects in Meghalaya and Arunachal Pradesh, along with crucial gauge conversion between Rangpara and North Lakhimpur, which would connect Arunachal Pradesh to the rest of the country.
At least 12 labourers were in the under-construction building and all of them are feared trapped, Chief Fire Officer Arun Kumar Singh said.
Maharashtra Finance Minister Sudhir Mungantiwar speaks to Prasanna Zore/Rediff.com.
The scam has offered Lalu Prasad an opportunity to point fingers at Nitish Kumar and Sushil Kumar Modi.
Activist Yogendra Yadav, who was detained on Monday night from a farmer protest at Jantar Mantar in New Delhi, was dragged by police officers as he tried to interact with the media.
The group companies now lead the market capitalisation league table in sectors such as ports, power generation, gas distribution and transmission, and power transmission and distribution, ahead of incumbents in both public and private sector. This has Gautam Adani family the second wealthiest in business in India.
At the end of 2018-19, the Tata group had a consolidated debt of Rs 2.77 trillion. Tatas not only plan to avoid big-ticket acquisitions for now, the group's main focus will be on improving key metrics and reduce debt, say Shally Seth Mohile & Dev Chatterjee.
Congress gets into the opposition groove but still has miles to go, says Saroj Nagi.
FIXES BY THE GOVERNMENT: Energy price fixed, tax issues linger.
The new Congress president is building a core team of youngsters while waiting for his mother's coterie to retire, reports R Rajagopalan.
The ball is now in the Reserve Bank of India's court to lift up demand, says Ajay S Shriram.
The Trinamool government, which cashed in on the Nandigram protests in West Bengal politics, has not yet given the Central Bureau of Investigation the sanction to prosecute five police officers involved in the 2007 police firing which killed 14 villagers.
The industry status will help the sector access bank lending at average interest rates
Budget was a mild disappointment. Yet, the bull run continues.
The trouble is largest FDI projects in India have had a tragic history.
Industrialist Pawan Ruia's (think Dunlop and Jessop) arrest this month for cheating and criminal breach of trust marked a new low, but the tide had been turning against him for a while now. Ishita Ayan Dutt & Avishek Rakshit report.
Total FDI from China in India so far is about $1.24 billion
'Their air force is no match to ours!'
Based on the evidence at hand, Modi's goal of scripting a broader, lasting upturn appears some way off, says Rajesh Kumar Singh.