Arun Jaitley presented the Union Budget in Parliament on Saturday.
Social activist Anna Hazare said he won't be proceeding with the indefinite fast against the new farm laws and claimed that the Central government has agreed to some of his demands.
Shah said that the people of the country will decide about the principal opposition party to BJP in the 2024 polls and they have not given this label to any party.
The Centre on Friday said that no farmer died due to police action during the year-long protests by farmers.
The government has also proposed to set up a Mission on Low Cost Affordable Housing to be anchored in the National Housing Bank.
It is unclear if he would be renamed the finance minister soon after his return.
Parallel to this, the ruling Telugu Desam has been organising rallies across the state in solidarity with its MPs.
The Sovereign Gold Bonds will be sold through banks, Stock Holding Corporation of India Limited, designated post offices and recognised stock exchanges -- the NSE and BSE.
The octogenarian, who has already announced his retirement from electoral politics, is sought to be put on the pedestal by the governing party's central leaders.
When Nirmala Sitharaman announced her new privatisation policy, there were serious doubts if the move had the BJP's full political backing. All those doubts were dispelled when her initiatives were endorsed by Modi in Parliament, observes A K Bhattacharya.
A question asked in Tamil triggered heated exchanges in Lok Sabha on Wednesday between the Opposition and Treasury benches that spilled over to the issue of ministers giving replies in Hindi.
Ramesh says that since the attitude of the Narendra Modi government is deliberately provocative and confrontational, it should not expect cooperation from the Congress.
The Rajya Sabha on Tuesday passed a bill on protection of rights of transgenders after a motion to refer it to a Select Committee of the Upper House was defeated.
The comments assume significance in view of the charges faced by HSBC
Gandhi was unusually more proactive and practically led the Opposition protest against the rise in the prices of petrol, diesel and LPG cylinders during the Question Hour.
AAP has promised lower electricity bills, free basic water supply.
In between spells of adjournments, the House conducted business for a brief period and passed two Bills -- the Mineral Laws (Amendment) Bill and the Insolvency and Bankruptcy Code (Second Amendment) Bill - amid continuous protests by the Opposition.
Finance Minister Nirmala Sitharaman cut fuel subsidies while slapping additional fuel taxes on unblended transport fuels in the latest Union Budget. The former will hit the rural poor, households that secured a subsidised LPG connection under the Pradhan Mantri Ujjwala Yojana (PMUY), a programme that was partly instrumental in helping the Bharatiya Janata Party (BJP) win the 2019 general elections. The latter will pretty much hurt the entire population after it kicks in from October. That's what it looks like. Or, perhaps, it's not as it appears to be, at least on the subsidy front.
RBI rate cut is a welcome step for all citizens of India as everyone is looking for near-term boost in economy.
"Peeche peeche aana hai (follow right behind)," was the message from Amit Shah to Tamil Nadu Chief Minister Edappadi K Palaniswami and Deputy CM O Panneerselvam, reports R Rajagopalan. There has been no discussion on the portfolios to be allotted, and it has been left to the discretion of the prime minister, reports R Rajagopalan.
Over lunch, Finance Minister Arun Jaitley breaks down his Budget. Sheela Bhatt/Rediff.com reports.
During the debate on the 'Motion of Thanks on the President's Address', Leader of the House Piyush Goyal and Union Finance Minister Nirmala Sitharaman strongly objected to 'insinuations' against the prime minister, who was also present in the House.
'Today arrogance of power has gone to your head. Why are you losing the mandate? We are endorsing all rotten policies of the Congress which is not in our interest. Leakage in drops of water from a pitcher empties it. So is with the mandate'
The Indian economy can contract by 7.7 per cent in current financial year ending on March 31 and the growth could be 11 per cent in the next financial year, according to the Economic Survey tabled in Parliament by Finance Minister Nirmala Sitharaman. The contraction in FY21 is mainly due to coronavirus (Covid-19) pandemic and the visible damage caused by the subsequent countrywide lockdown to contain it. The survey unveiled two days before the Union Budget is broadly in line with forecasts by the Reserve Bank of India (RBI) which has said it expected the country's GDP to contract by 7.5 per cent in the year ending March 31.
The Survey projected growth rate of 7-7.75 per cent for 2016-17 with downside risks due to weak global economic scenario.
Experts, however, said that it is a very nominal benefit to the salaried class.
Banking operations including cheque clearance across the country got affected on Monday as bankers under the aegis of the United Forum of Bank Unions have gone on a nationwide strike to protest against the proposed privatisation of two state-owned lenders.
Unlike the Advance Estimates which missed the impact of demonetisation, CEA's survey is likely to have a better take on Indian economy.
Deposit certificates will also be exempt from capital gains tax.
Finance Minister Arun Jaitley, in his Budget speech on Monday, announced a new dispute resolution mechanism for such companies who are in confrontation with the taxman's action.
MPs from 10 Opposition parties on Thursday wrote a letter to Lok Sabha Speaker Om Birla saying that the situation at Ghazipur border was like that of India-Pakistan border and condition of farmers resembles prisoners in jail.
Trinamool Congress on Saturday removed Mukul Roy, a former confidante of Mamata Banerjee, from the key post of party general secretary.
The Congress and other opposition parties have accused the police of bias and inaction in the Delhi violence.
The provision provided for tax at a concessional rate.
India needs to create buffers for future economic downturns.
The minister also exempted components from taxes to encourage domestic manufacturing of these devices.
'The finance ministry's decision to accept the deficit target of 4.5 per cent in 2025-2026 appears to have emanated from its endorsement of the Finance Commission's view that the Indian economy will continue to remain impacted by the pandemic, adversely undermining its growth potential,' notes A K Bhattacharya.
Gandhi accused the ruling Bharatiya Janata Party of bringing back the idea of a 'king of India' that was 'smashed in 1947" and targeted the PM saying that the 'idea of a king is back.."
Policymakers should consider the challenges of beneficiary identification, distributor opposition and beneficiary financial inclusion.
Demonetisation hit informal sector hard and caused job losses which was not addressed by the budget, Moily said.
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