Taking up the case of Indian IT companies and professionals, Jaitley told Ross about the contribution of highly-skilled Indians in the economic development of the United States and India and stressed that they should continue to do so, which is in the best interest of the two countries, officials said.
'It was unfair to expect him to continue to keep on supplying vaccines without being given a firm commitment or a financial grant of any sort.'
There is much work to be done to design a good GST.
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The rupee is set to breach the Rs 60-a-dollar mark again this week as the Street expects foreign institutional investors to continue pulling out of domestic markets. According to the street, this would result in government bond yields rising.
Finance firms in these SEZs likely to get tax breaks.
Slowdown persists in China. India's GDP estimates for 2015-16 are liable to be pared; projections for 2016-17 are lacklustre.
If the Ladakh episode has ended, this is the time to find the truth about all the aspects of it and inform the nation and the world, the time is here and now, advises Ambassador T P Sreenivasan.
RBI should monitor export credit offtake and how well banks implement its instruction.
Gehlot also alleged that some other Union ministers, including Dharmendra Pradhan, are involved in the "conspiracy" against his government.
The RBI panel has also recommended a government-sponsored 'fund of funds' of Rs 10,000 crore to support the venture capital and private equity firms investing in the MSME sector.
He endorsed transparency and financial stability in addition to issues related to inclusive growth and development, write Puran Singh and Nupur Pavan Bang.
The loan will be utilised in several developmental projects that Nepal wants to undertake. Nayanima Basu reports.
'Look East' policy was first coined by the Narasimha Rao government in the 1990s and has been followed by the successive governments.
The 30-share Sensex ended down 414 points at 25,481 and the 50-share Nifty slipped 119 points at 7,603.
The economic growth fell to a decade low of 5 per cent in 2012-13 fiscal.
The Budget would have been the perfect vehicle to introduce some bold initiatives.
That opportunity has been lost through this Budget, observes Shreekant Sambrani.
India's low passion, very cautious, relationship with Iran of the last 36 years awaits transformation, says Lieutenant General Syed Ata Hasnain (retd). Prime Minister Modi's visit cannot be a negotiating event; it is a symbolic one to strengthen the politico-diplomatic relationship.
TCS, Bajaj Auto, Adani Ports and Cipla were the top gainers on BSE Sensex while Coal India, GAIL, Dr Reddy's and Infosys lost the most on the index.
'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.'
The US foreign and security policy establishment, says Ambassador M K Bhadrakumar, apprehends that Trump may compel them to exorcise the 'unipolar predicament', and bring foreign and security policies to reflect the desires and priorities of the American public.
The RBI is working to nudge large foreign banks with 30 or more branches in India to get incorporated locally.
Ajit Balakrishnan offers a thinking man's guide to the angst of the professions.
Arpi deserves to be complimented for the commitment and hard work that have gone into this production. The frustrations of seeking reliable documentation from the catacombs of the Indian bureaucracy did not deter him from going after the best information available, and the result is one that he can take much satisfaction in. Ambassador Prabhat P Shukla, Member Advisory Council, Vivekananda International Foundation, reviews Claude Arpi's The End of an Era: India Exits Tibet.
Obstacles in development of SEZs will be removed.
'There is no Buddha or Gandhi among countries, existing for the service of others; they all exist for the good of themselves.' 'For each country, its own interests should be paramount, and it is futile and churlish to expect China to be an exception to this rule,' says B S Raghavan, the distinguished civil servant and long-time China-watcher.
Progress on the steps taken by Governor Shaktikanta Das' predecessor Urjit Patel to restore financial system integrity will be a key thing to assess any damage to the institution, Subramanian said.
'We're going to see a defence relationship that really takes off -- now that India is a major defence partner of the US, the sky is the limit for arms sales.' 'The economic partnership will lag behind the security relationship, but the meeting and joint statement give cause to believe that it will progress more robustly than many of us would have expected.'
The focus shall also be on consolidation of public debt and reducing rollover risk through active switch/buyback operations.
The host country has been pressing for a discussion at the 10th G20 Summit on the conflicts in Syria and the worst migrant crisis since World War II.
'We feel there is definitely something murky in the system.' 'Will anyone believe that Nirav Modi will go to a branch and bribe a low-level officer?' 'Just look at the people with whom he had moved around.'
The third and final part of BJP president Amit Shah's interview to Sheela Bhatt/Rediff.com.
Here are 10 global and domestic factors.
'From Doklam to Wuhan and the return of the India-China relationship to its previous equilibrium is indeed a major contribution of President Xi and PM Modi. Without any doubt they deserve the kudos for their sagacity and their wisdom,' says Ambassador Gautam Bambawale, India's envoy to China during the Wuhan summit.
The prime minister also pitched for respecting freedom of navigation against the backdrop of South China sea dispute.
Reserve Bank of India Governor Shaktikanta Das tells Anup Roy, Raghu Mohan and Niraj Bhatt that it is time for banks to lower interest rates and start lending to cash-starved finance companies after due credit appraisal and proper risk assessment.
The previous high in quarterly GDP growth was recorded in the January-March quarter of 2015-16 at 9.3 per cent.
Among the private banking majors ICICI Bank and HDFC Bank were down 0.2%-0.5% each.
The Dravida Munnetra Kazhagam might have been pushed into a corner to come up with a prohibition policy of its own, if only to create the right atmosphere for talking about an Opposition coalition in the state, says N Sathiya Moorthy
RBI will review the monetary policy again on September 29.
