'He selects certain portfolios that he has personal interest in, and he does not give them to a senior leader. The responsibility is given to a junior minister who then directly reports to Modi or to the small team of bureaucrats working with Modi.' 'I noticed this first in Gujarat where Modi worked mainly with two ministers, Saurabh Patel and Amit Shah,' says Aakar Patel.
The Rashtrapati Bhavan has come out with a communiqu announcing distribution of portfolios of the ministers sworn-in on Monday in Prime Minister Narendra Modi's council of ministers:
Rising oil prices and diminishing cash pile to limit capacity in 2018-19
A plea of the UK-based Vedanta group company to export its share of crude oil from Barmer oil field in Rajasthan was on Tuesday rejected by the Delhi high court on the ground that domestic crude cannot be exported till India attained "self sufficiency".
Markets ended in red, index heavyweights drag.
Reforms under the Modi government will maintain a slow and tentative pace, constantly wary of political opposition. It may not be reform by stealth, but it is reform on the quiet, says A K Bhattacharya.
Not only the BJP but key bureaucrats are also known to have hinted to the top leadership of the need to expand the Cabinet.
I look forward to many years of success and friendship, working together to solve not only our problems, but world problems and problems of great danger and security, says President Trump in Beijing.
The staggered increase in kerosene rate may not have the same impact of freeing up the fuel price as for diesel.
'The mismatch between valuations and fundamentals is startling,' warns Devangshu Datta
'We have the more difficult reforms to do such as the reduction of subsidy, the insurance and pension sector reform, eliminating bureaucratic red tape and implementing Goods and Services Tax'
It also expressed confidence that the cleaning operation will be finished in a couple of days.
The low global crude prices have helped narrow the current account deficit to just 0.2 per cent of GDP in the previous January-March quarter.
Biennial elections are being held for 58 Rajya Sabha seats across several states and by-poll for one in Kerala.
Import duty on PVC, at 7.5%, is far lower than that prevailing in comparable economies.
'The days when less government, more governance were spoken of are well and truly behind us.' 'More government, it is now believed, means more governance,' says Saisuresh Sivaswamy.
Budget forces last minute change in finance minister's plans.
The 30-share Sensex gained 321 points to end at 26,430 and the 50-share Nifty surged 100 points to end at 7,879.
The uptick in prices ranging from steel to wheat could benefit lots of commodity-based companies -- from State-owned SAIL to the agro exporters.
Aam Aadmi Party leader Arvind Kejriwal and his party feel that they have a fighting chance in Bangalore. The crowd that gathered for his road show comprised both supporters and curious onlookers.
US, China and Japan have no quotas for women and have had the lowest increase in female directors.
Given that India will get a huge part of its oil supplies from Iran through its government-owned oil PSUs, any unwelcome shocks in global crude rates could be absorbed well enough.
Not only do you need an effective and independent regulator, you also need competition to flourish.
Relations between an elected government of Delhi and the LG can never be cordial: It is just the way the relationship is structured.
Pharma shares extended losses after the government's ban on combination drugs.
Nifty, which has struggled around 8550-8560 levels managed to blast past this resistance and close above the psychological mark of 8600.
'The large scale and widespread shrinking of the labour force in November, the peaking of unemployment in October and the fall in lead indicators in October and November point towards a worsening of the slowdown of the Indian economy in the third quarter of 2019-20,' says Mahesh Vyas.
The govt auditor also indicts DGH and management committee of D1 and D3 fields
'There exists a 'brotherhood' of sorts for a very long time and corrupt dealers and corrupt OMC officials are in it together,' Ashwani Attrish, founder, Empowering Petroleum Dealers Foundation, tells Sudhir Bisht, a veteran of the petroleum industry.
Uproar over the killing of five Indian soldiers on the Line of Control in Jammu and Kashmir by Pakistani troops on Tuesday led to adjournment of Parliament until noon.
The president-elect has vast public, social, and political experience which will help him better to discharge his duty as the First Citizen of India.
Full list of the rejigged Union Council of Ministers
Many believe that marketing budgets could be a hurdle.
She, however, preferred not to use the word 'Rohingya' and said 'we have urged that the situation be handled with restraint, keeping in mind the welfare of the population'.
'We aren't so unreasonable as to demand that he should have fully reversed Indira Gandhi's worst economic legacy, bank nationalisation.' 'But he could have made a beginning by selling off the two most stressed small public sector banks, and then announced that each year for the next 10, one government bank with the most messed-up balance sheet will be sold.' 'It would have electrified the markets, shocked his other banks into better behaviour, and marked his name among the great reformers,' argues Shekhar Gupta.
The Centre is against giving any shock in the first year of the rollout by bringing in new services.
'Yeh dil maange more' seems to be mantra for over two dozen former chief ministers of various states who are contesting upcoming Lok Sabha elections on different party tickets.
The Vedanta group on Wednesday confirmed putting in a preliminary expression of interest (EoI) for buying the government's stake in Bharat Petroleum Corp Ltd (BPCL).
On a day Narendra Modi attacked the United Progressive Alliance government for its "mis-governance", Congress chief Sonia Gandhi hit back accusing the Bharatiya Janata Party of hatching conspiracies before elections and misleading people in its hunger for power.
Petroleum and Natural Gas Minister Dharmendra Pradhan speaks to Sheela Bhatt/Rediff.com.
