As soon as Speaker Sumitra Mahajan took up the Question Hour, members from these parties trooped into the Well holding placards.
If the protected growth in GST revenue is reduced to 10 per cent, the Centre would save more than Rs 25,000 crore in 2020-21 if none of the states show any revenue growth. This would nearly amount to 0.1 per cent of the gross fiscal deficit and help the government in avoiding fiscal slippage to some extent in subsequent years.
As the Centre pushes reforms in the power sector, especially for the beleaguered electricity distribution segment, several states, especially those ruled by Opposition parties, are clamouring against it. Maharashtra, West Bengal, Tamil Nadu, and Kerela have voiced their reservations against the proposed amendments to the Electricity Act, 2003. The irony is the states opposing the amendments on the ground of threat of privatisation already have private partnerships in power supply. The proposed Bill was slated to be placed on the floor of Parliament in the Monsoon session. But it still awaits Cabinet approval amid several states complaining that they have been not consulted on the issue.
Rubbishing the Bharatiya Janata Party's charge that his father was "running away" from contest, Karti Chidambaram, son of Union Finance Minister P Chidambaram, on Friday said the saffron party has no locus standi to make such a comment.
The session of Rajya Sabha came to an end on Friday after passing 12 bills and wasting 19 hours due to disruptions over various issues like imposition of President's rule in Uttarakhand and AgustaWestland helicopter deal controversy.
India's strategy to beat Colombo port is flawed as there are likely to be too many domestic ports competing among themselves instead of targeting the competition, says Michael Pinto.
Amid the opposition UDF's sloganeering against him, Kerala Governor Arif Mohammed Khan on Friday delivered the customary address to the assembly with the policy document outlining the Left government's administrative achievements and criticising the Centre for allegedly pushing the state to financial constraints by reducing its resource allocations.
Ola founder and chief executive officer (CEO) Bhavish Aggarwal will step back from day-to-day operations to focus more on engineering functions, team building, and products, apart from focusing on long-term strategic projects, such as two-wheelers, cars, and innovations in quick commerce and international expansion. "I'll be spending more time with all engineering functions, team building, and on products," said Aggarwal in an internal note, adding, "I'll also be increasing my focus on our longer-term strategic projects, including new two-wheeler products, our car project, innovations in quick commerce, electrifying ride-hailing, our cell research and development (R&D), international expansion, building our Pune technology (tech) centre, and Futurefoundry UK." To drive scale, speed, and quality, Aggarwal said he is expanding Ola Group's chief financial officer (CFO) G R Arun Kumar's role to help him steer 'day-to-day operations' across the group.
'The government can increase import duty on gold by 1 per cent, instead of imposing excise duty.'
What will a split in the AIADMK mean for Tamil Nadu?
The Karnataka government is also expected to follow suit and withdraw its decision to raise the variable DA.
On December 26, 2004, a devastating tsunami took a huge toll on life in Tamil Nadu. A decade later, here's a look at the changes it has brought
Shashank Manohar is all set to once again become the Board of Control for Cricket in India president with the ruling Anurag Thakur faction as well as Sharad Pawar group projecting him as the consensus candidate for the post left vacant by Jagmohan Dalmiya's demise.
With his strong views on Bharatiya economics, his appointment to the RBI board may well presage interesting times, says Archis Mohan.
Its obsession for growth, chasing corporate clients and giving up its original mandate of meeting the needs of local trade and businesses. A quarter of its loan book has gone bad. That's an error of business strategy, points out Tamal Bandyopadhyay.
Trying to guess Subramanian Swamy's motives or next step has been a rather difficult exercise for decades, says Archis Mohan
The state has extended its full support, provided its revenues are protected.
His career as a bureaucrat has been somewhat colourless, which suggests his current elevation is simply a matter of being at the right place at the right time.
"She is completely aware of what is happening. Asks and demands what she wants and I believe and everybody, even she, is looking forward when she will go home and take back the reigns," said Apollo Hospitals Chairman Pratap C Reddy.
'I admire Jayalalithaa. What drove her to do and achieve what she did?'
Jaitley says govt is open to scrapping 1% additional tax on GST
The PFI is alleged to have been continuously involved in anti-government propaganda and spreading the narrative that Muslims were being persecuted in India.
The Reserve Bank on Wednesday said the amalgamation of Lakshmi Vilas Bank with DBS Bank India will come into force from November 27 and the moratorium imposed on the crisis-ridden lender will be removed on that day. The RBI issued the statement within hours of the Cabinet clearing the Scheme of Amalgamation of Lakshmi Vilas Bank Limited (LVB) with DBS Bank India Limited (DBIL).
Sankar's father Subramanian encouraged him to drop out of the schooling system at an early age and pushed him to play in the upper age groups and senior circuits.
The new online store, which will be launched on September 23, will provide customers with the same premium experience found in Apple Store locations around the world, delivered by online team members who are ready to offer their expertise, Apple said in a statement.
Did men and women of redoubtable experience and public service, upholders of the country's steel frame and paragons of corporate governance, never smell a rat?
The conspiracy theory about Harris started following a Newsweek Op-Ed by Dr John Eastman, who ran in the Republican primary to be California's attorney general in 2010. Trump did not give his opinion on it but acknowledged that he has heard about such claims circulating on social media that Harris is not eligible to be the president of the United States.
It is possibly the first time that a regional party with not even enough numbers to move a no-trust motion has taken the lead, and others are following it. The hints of a no-trust move first came from the YSR Congress, and the ruling TDP could not have stayed on together when the question is another version of 'Telugu atma gouravam' - an issue that fired its founder N T Rama Rao in the 1980s, says N Sathiya Moorthy.
'With the Election Commission wisening up to the practice, which strikes at the very root of electoral democracy, the practitioners of cash for votes have been getting more and more ingenious,' points out Saisuresh Sivaswamy.
With the price of a cylinder touching Rs 800, it's becoming increasingly unaffordable to an already price-sensitive population, threatening to risk one of the most-celebrated campaigns of the Modi regime, reports Twesh Mishra.
In televised remarks after Finance Minister Nirmala Sitharaman presented the budget, Modi said it has many provisions for the agriculture sector, including for making loans easier for farmers.
GST implementation could happen in September itself, with the next meeting of the Union Cabinet likely to take up the matter.
From trucks lined up and waiting in the area to local vendors, the scenes tell a story of livelihoods stalled.
'The approach today is, instead of giving loans to 100 MSMEs, let us give one loan to a big-ticket corporate.' 'And so many of these big fish deceived the banks and the banks are in the doldrums now with high NPAs.'
The bills were passed by voice vote.
Nirmala Sitharaman's elevation not only to full Cabinet minister but also pitchforking her to the elite Cabinet Committee on Security group with the defence portfolio is undoubtedly the biggest takeaway from Sunday's reshuffle, says Rajeev Sharma.
The turnaround of SAIL from several quarters of losses was one of the most challenging experience, said Anil Kumar Chaudhary, the outgoing chairman of the country's largest steel maker. The chairman said he also wants to see SAIL paying back at least 50 per cent of its debt in the near future. Chaudhary who had joined SAIL as a junior manager in 1984 would be superannuating from the top post on December 31, 2020 after serving the company for almost 36 years in various roles.
He said Parliament in the past decades has debated a number of government decisions, which had caused tensions and social conflict, but it was now deadlocked by rival parties over a 'constructive decision' like demonetisation.
He belongs to the dominant Mudukulathor community and has risen from humble origins, having run a tea stall at his home town Periyakulam which is still being operated by his family.
I am not sure if Modi can ever act as a chowkidar, even if he wants to. But he can surely act as a thanedar, by ensuring a fast resolution of corruption cases once they come to light. Exemplary action is easier and will burnish his anti-corruption image, argues Debashis Basu.
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