'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.'
Modi also appealed to farmers not to burn crop residues so as to curb pollution.
The corridor is expected to attract around Rs 1,250 billion investment and create 4,00,000 jobs. It will start from Mysore, pass through Bengaluru in Karnataka, to connect with Chennai, Coimbatore, Salem and Tiruchy in Tamil Nadu.
Nationalisation has served its purpose. It's time to move ahead, keeping majority ownership of the government in a few banks to serve the people, argues Tamal Bandyopadhyay.
As Boris Johnson's "partygate" troubles mount and members of his own Conservative Party demand he step down as the British prime minister, one name is doing the rounds as a frontrunner to take charge -- his Indian-origin chancellor and Downing Street neighbour Rishi Sunak.
'Making the railways better is a different type of a challenge.'
The Union finance ministry has asked field officers of the income tax department to not be adversarial to assessees, and to not send high-pitched demands without a proper basis.
Ujjwala Yojana was launched on May 1, 2016 at Ballia district in Uttar Pradesh and has so far covered 47.3 million consumers in 715 districts
A day after the Union Cabinet paved the way for the government reducing its stakes in Oil and Natural Gas Corporation (ONGC), Coal India Ltd (CIL) and NHPC, the shares of these companies fell 3.4-5.2 per cent on bourses.
Tax incentives to have cascading effect on the capital goods industry.
As many as 37 farmer leaders, including Rakesh Tikait, Yogendra Yadav, Darshan Pal and Gurnam Singh Chaduni, have been named in a first information report in connection with the violence during the tractor parade that left 300 police personnel injured even as two farmer unions on Wednesday withdrew from the agitation against the farm laws.
After 17 tumultuous years, a nationwide Goods and Services Tax (GST) will rollout from midnight of June 30, overhauling India's convoluted indirect taxation system and unifying the $2 trillion economy with 1.3 billion people into a single market.
Giving priority to one's ideology over national interest has harmed the democratic system of the country a lot, Modi said in his address to students after unveiling the statue through video conferencing.
Contrary to the bragging that marked its two-year anniversary, the government's timidity on reform is simply astounding.
A day after his ministry rebuked Twitter for not complying with its orders to take down inflammatory content, Information Technology Minister Ravi Shankar Prasad said social media platforms cannot give differential treatment while handling problems on Capitol Hill and the Red Fort.
The party also expects opposition parties to help its agenda by raising the issue of making the video footage of surgical strikes public.
The Rajya Sabha on Wednesday approved the biggest tax reform since Independence.
Ministers may come and ministers may go but the attitude of the RB remains the same forever, and it is this group that really calls the shots in Indian Railways, says S Pushpavanam.
This is the first time that Gandhi has raised an issue in the 17th Lok Sabha
Sachin P Mampatta goes back in time to recall a deluge that that has passed into lore in Kerala.
Sops for middle class, poor and farmers on cards.
As the government came under attack from the Opposition during the debate on the recent communal riots in the national capital that have claimed over 50 lives, the BJP members alleged that the violence was a pre-planned conspiracy and the home minister and authorities took pro-active steps to control the situation.
'Today when people are fighting to get their salary, you are telling them you will privatise airports!'
All the poor people identified by the Socio Economic and Caste Census 2011 will be eligible for the scheme, officials said, adding that it will be linked to Aadhar but will not be a mandatory condition for availing the benefit.
A key demand is to reduce the dividend distribution tax on listed firms.
Modi accused the TMC of killing the aspirations of the middle-class people in the state and said the ruling party in West Bengal is known for 'triple T -- Trinamool Tolabaji Tax'.
Modi stressed his government has created a 'security cover' to ensure good heath of children and mothers during the past 55 month of his rule.
'Whoever whispered in his ears that go for demonetisation, misled him completely' and the PM lacked the sagacity to know that it would not work, Yashwant Sinha tells Archis Mohan.
'I have no problems with the finance ministry or with state governments treating petrol pump prices as the last resort for meeting their ambitious spending targets with very limited revenue resources.' 'But let's do away with this smokescreen of free pricing of petrol and diesel and go back to administered pricing regime,' says Dr Sudhir Bisht.
Pawan Kumar, organising secretary of the Bharatiya Mazdoor Sangh (BMS) affiliated to the Rashtriya Swayamsevak Sangh (RSS), tells Aditi Phadnis it will join forces with other trade unions if necessary to oppose the Employees' Provident Fund Organisation (EPFO) provisions in the Union Budget.
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.
Smart cities can provide more safety, better management of traffic congestion, a low-carbon environment and better services.
Union Railway Minister Suresh Prabhu aligns priorities, funding and organisation to shape a transformation agenda.
The finance minister hiked the total defence expenditure from Rs 203,672 crore in FY 2013-2014 to Rs 229,000 crore for FY 2014-2015. Though the increase appears substantial, it is insufficient to undertake the military modernisation necessary to meet the emerging threats, feels Brigadier Gurmeet Kanwal (retd).
Rediff.com looks at some prominent leaders in our past who evinced an affection for the words of Shakespeare. An anniversary special.
We are spectators who have no voice and no power to influence the giant changes being imposed on all of us, says Aakar Patel.
India lost around 38.5 thousand hectares of tropical forest in the last decade. Nearly 14 per cent of the country's tree cover! It is one thing for Modi to announce that India will reach a net-zero level of emissions in 2070. But if it is serious, it needs to start today, points out Ramesh Menon.
Reform ideas do not occur overnight and evolve over the years.
"The prime minister's post is very dignified and he should not have made personal attacks, but I did not mind. He does not give answers, but only makes promises which are hollow," Rahul said, addressing an election rally.
The absence of a clear underlying economic ideology in the Budget was quite evident, say experts.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances