Economy improving but long way to full recovery, says FSDC.
'You cannot treat workers like beggars.'
After missing several deadlines, only 11 states could introduce the plan
Finance Minister Nirmala Sitharaman will present her sixth straight Budget ahead of the Parliamentary elections, matching the record of former Prime Minister Morarji Desai. Sitharaman in her pre-election Budget, which technically is a vote on account and popularly termed an interim Budget, will seek Parliament's nod for a grant in advance to meet the central government's essential expenditure for the first four months of the new fiscal year that starts in April. A new government elected after the April/May general elections will present the full Budget, likely in July.
Trading would be conducted during normal hours.
Hours after being suspended from the BJP, Lok Sabha MP and former cricketer Kirti Azad slammed the party's move, stating that he was punished for speaking the truth.
The government, he said, will leave no stone unturned to bring to justice anyone indulging in financial irregularities.
The Budget will obviously be crucial. But US President Donald Trump may have even more of an influence than Finance Minister Arun Jaitley when it comes to sentiment, argues Devangshu Datta.
The guidelines for strategic disinvestment were issued on Monday itself when Finance Minister Arun Jaitley presented the Union Budget for 2016-17.
Defence minister Rajnath Singh virtually conducted the final breakthrough blast of the Sela tunnel in Arunachal Pradesh and flagged of a 20,000-km-long motorcycle expedition of the BRO on Thursday.
Rediff.com's Shailajanand Mishra discovers that the Sensex has fallen 12 times on the 20 Budget Days since this century began.
The battle on creating jobs is virtually lost. If the battle for achieving higher growth too is lost, then its political consequences could become difficult to manage, says A K Bhattacharya.
Jaitley has managed the difficult feat of sticking to the fiscal correction.
The two main factions in Karnataka's Congress party -- one led by Siddaramaiah and the other by D K Shivakumar -- are both contenders for the chief ministership. Both groups have fought hard to get their choice of MLAs the party ticket, notes Aditi Phadnis.
All's fair in politics? The Bihar CM stroke a controversy by visiting a tantrik.
Public sector banks' cumulative profit crossed the Rs 1 lakh crore-mark in the financial year ended March 2023, with market leader State Bank of India (SBI) accounting for nearly half of the total earnings. From posting a total net loss of Rs 85,390 crore in 2017-18, the Public Sector Banks (PSBs) have come a long way as their profit touched Rs 1,04,649 crore in 2022-23, according to an analysis of their financial results. These 12 PSBs witnessed 57 per cent increase in total profit compared to Rs 66,539.98 crore earned in 2021-22.
The finance minister continues to be backed by the same policy team in charting out the broad strategy as in the few earlier Budgets.
India is one of biggest producers and exporters of agri commodities.
The statutory status will provide a legal foundation to Aadhaar.
The Finance Minister, however, left the current income tax slabs unchanged.
Finance Minister Arun Jaitley on Monday did not change tax slabs but offered a relief of Rs 3,000 to the salaried with income below Rs 5 lakh per year.
DoP has 25,000 departmental post offices and 1,30,000 rural post offices across the country.
Employees and workers will meet on November 27 to protest against the recommendations
Sources later said differences between the two parties have been resolved.
'Mr. Modi has now become 1st PM to have his illegal orders set aside by the SC'
As part of the National Democratic Alliance government's media blitzkrieg to highlight achievements made during its one-year rule, three Union ministers will participate in a 'talkathon' session today during which they will answer questions posted on Twitter.
Kejriwal claimed that the action amounts to 'unjustified interference' as the inquiry is 'perfectly' legal and Union minister Arun Jaitley should cooperate with the inquiry commission and stop 'misusing' the LG office.
BJP sources indicated that swearing-in ceremony could take place on May 30.
The government has retained Arvind Subramanian as its chief economic advisor, unlike other American professors Dr Raghuram Rajan and Arvind Panagariya, who quit their jobs as RBI governor and NITI deputy chairman respectively.
"A solution has been put on the table. It is for Andhra Pradesh to decide whether they want the resources or they want to make an issue (out of it)," he said.
Raking up the issue of 1984 riots, Bharatiya Janata Party leader Arun Jaitley on Monday alleged that those guilty for the "state sponsored" violence still remain unpunished.
India has already become 7th largest economy of the world, he said, adding that it is expected to become 5th largest economy soon.
The Sensex closed the day at 28,141, up 486 points, while Nifty50 settled at 8,716, up 155 points.
Kiran Bedi, who recently joined the Bharatiya Janata Party, said she had tried several times to talk to Anna Hazare over the phone but was not able to do so as the anti- corruption crusader was either "sleeping or taking rest".
Jaitley said note ban has compelled people to deposit money into bank accounts.
Kirron Kher, actress-turned-politician, recounts how it was Jaitley who made her contest the elections from Chandigarh. Speaking to Rediff.com's Savera R Someshwar, the Chandigarh MP talks of the BJP stalwart's generosity and how he was the focal point of any place he was at.
The Modi government and political parties on Monday roundly criticised Pakistan for the beheading of two Indian soldiers in Jammu and Kashmir.
Swaraj tore into the Congress, saying it had helped Bofors accused Ottavio Quattrocchi and Bhopal gas leak accused Warren Anderson flee from India.
With just eight days left for the winter session, Jaitley and Parliamentary Affairs Minster M Venkaiah Naidu held consultations with Leader of Opposition in Rajya Sabha Ghulam Nabi Azad and Deputy Leader Anand Sharma.
AAP leader Sanjay Singh said Kumar, who serves as Delhi Chief Minister Arvind Kejriwal's principal secretary, has a clean service record that spans over 27 years, in which allegations of corruption were never made against him.
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