From social engineering to bearing the cost of COVID-19 treatment to financial reconstruction of Tamil Nadu's debt the debutant chief minister is emerging as a leader with a difference, says Shjne Jacob
In the Upper House of Parliament, Chairman M Venkaiah Naidu did not allow adjournment notices moved by opposition members on the issue of price rise, prompting members of the Congress, the Trinamool Congress, the Left parties, the Dravida Munnetra Kazhagam, the Aam Aadmi Party, the Nationalist Congress Party, the Rashtriya Janata Dal and the Shiv Sena to create an uproar.
'I do not want to get into the number game. This time, the BJP will get unprecedented seats and vote percentage in Gujarat.'
The continued rise in interest is a pressure on fiscal, but it is not an easy way out unless the government cuts back on populist measures and sticks to fiscal prudence as laid out in the FRBM, which the government missed for the second consecutive year.
The review stresses on creating conditions for growth that is employment-friendly.
Declining vegetable prices brought down the retail inflation to a 15-month low of 4.59 per cent in December and within the comfort zone of the Reserve Bank, government data showed on Tuesday. It is for the first time during the current fiscal that the Consumer Price Index (CPI) based inflation print is below 6 per cent or in the RBI's target range of 2 to 6 per cent. The central bank factors in the CPI-based inflation while arriving at its monetary policy. The inflation in December 2020 came down from 6.93 per cent in November, mainly on account of 10.41 per cent decline in vegetable prices over the year-ago period.
He said the answer to the Congress' current challenges lies in a combination of effective leadership and organisational reforms.
FinMin officials say an announcement could be made in the Budget.
While an import duty is ruled out, a small excise duty on jewellery manufacturing can be on the cards.
The governance reforms, as an official put it, would bring in measures to track the performance of the executive-rank employees of the banks, intensively.
Ahead of the first meeting of the top decision-making body in nearly eight months, finance ministers of eight states ruled by non-Bharatiya Janata Party and like-minded parties -- Rajasthan, Punjab, Chhattisgarh, Tamil Nadu, Maharashtra, Jharkhand, Kerala and West Bengal -- have devised a joint strategy to press for a zero tax rate on Covid essentials, sources said.
India's new policy commission has received a makeover and a dream team has been formed to head the Think Tank, NITI Aayog.
'MFs have a combined exposure of Rs 3.2 lakh crore to NBFCs, out of which Rs 1.1 lakh crore matures by September 2019.'
Congress leader Adhir Ranjan Chowdhury raised the Karnataka issue and accused the ruling party of 'poaching' its MLAs in the state.
What is killing the risk appetite of the bond buyers is the inconsistency in the central bank's approach. It needs to allow the yield to find its own level, gradually. To ensure that, the RBI may adopt a similar approach with which it handles a slipping rupee, asserts Tamal Bandyopadhyay.
Shah also mocked the Congress vice-president for "going to a bank in a Rs-4 crore car to exchange Rs 4,000".
Army chief General M M Naravane on Tuesday hoped for an amicable resolution of the military standoff with China in Ladakh through talks based on 'mutual and equal security' even as he said India will have to be prepared to deal with a 'two-front' threat scenario due to the potent and collusive threat from China and Pakistan.
With Narayan Rane, the BJP looks to expand its footprint in Mumbai and Konkan. But a perceived self-goal by him may have galvanised the restive Shiv Sena cadre and voters to coalesce around their party. Dhaval Kulkarni reports
To say capital gains from stocks are effortless shows little understanding of the treacherous investing terrain, says Debashis Basu.
These schemes are expected to perform in the next 2-3 years.
Nagaland Governor Ashwani Kumar resigned on Wednesday, becoming the third person occupying the gubernatorial post to put in his papers since the National Democratic Alliance government prodded some of the Governors, appointed during United Progressive Alliance rule, to quit.
The larger amount of black money either goes into domestic real estate or bullion, or is round-tripped back into India anyway.
When Prime Minister Narendra Modi recently extended a Rs 8,000-crore (Rs 80 billion) central support for building roads in Jammu & Kashmir, Union Cabinet's approval for the big-ticket announcement came in barely 48 hours.
The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.
Y V Reddy argues that while the merits of the proposal to hold simultaneous elections to Parliament and all state assemblies appear self-evident, the reality might be very different.
Amid the din in which BJP and Congress members tried to shove each other and some members banged the door leading to the secretary general's desk, Birla adjourned the House for the day.
RIL said it had launched 'an internal probe' into its staff's detention.
These plans aren't likely to put substantial cash in your hands.
The change in labelling, which is seen as a part of government's effort to push generic drugs, will come into effect from September 13.
It also pledged to give interest free crop loan of up to Rs 3 lakh to farmers.
The oxygen shortage was inevitable to an extent given the tsunami of Covid cases, but the problem is the lack of even basic preparation by both the Centre and states, notes Shyamal Majumdar.
'Where is the spirit of Team India?' asks Chandrababu Naidu.
Experts advise investors to buy at lower levels in the next few months and sell at the higher end of their range in the second half, reports Rajesh Bhayani.
'The package is for the distressed farmers who are committing suicide due to the severe drought,' Nitin Gadkari tells Arup Roy Choudhury and Sanjeeb Mukherjee.
India must break out of this strategic triangulation between China and Pakistan. We need to settle our issues with one of the two, notes Shekhar Gupta.
The focus is on tapping all resources, even foreign agencies.
This permission was given some time late last month, before the Reserve Bank of India (RBI) on March 31 issued the indicative borrowing calendar for the states for April-June and the one for the Centre for April-September.
If you have answers to these, you need not worry about Britain's exit from the European Union, Raghuram Rajan's exit from the Reserve Bank of India or Narendra Modi's chances of re-election in 2019; your financial future will be safe, says P V Subramanyam
Read the full transcript of President Obama's State of the Union address on Wednesday at the US Capitol in Washington.
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