Modi's visit to some developed countries such as the US, Japan, China and Australia were sprinkled with humongous investment figures. But do we have the wherewithal to absorb such big investments?
The Congress party's first list of 194 Lok Sabha candidates released on Saturday night has no major surprises. Anita Katyal reports
'Understand one thing, if you want immediately and magically that things should become cheap, it's not possible. It's a long-term policy.' 'Inflation is linked to the storage system and with the production system. Whenever production rises, prices go lower. So if we store when the prices are low and release them when prices rise, prices can be maintained.' 'The problem is that in our country fruits and vegetables worth Rs 110,000 crore go to waste as they rot. And grains worth Rs 85,000 crore rot. So the storage system is another big reason for inflation.' Union Transport Minister Nitin Gadkari in an exclusive interaction with Sheela Bhatt/Rediff.com
Single window clearances for realty must.
'Modi as the PM of the country has to take everybody on board and deliver on good governance. That is his responsibility. In that talking alone won't help, he's working.' Commerce Minister Dr Nirmala Sitharaman tells Sheela Bhatt/Rediff.com how the Modi government plans to change India.
At least 155 people have lost their lives and over 80 lakh people affected in fresh floods due to excessive rains in worst-affected Gujarat, Rajasthan, West Bengal and Odisha.
High fiscal deficits raise inflation which hits the lowest income and salaried classes.
'Modi has entered blunderland as he does not understand the army. He has actually meddled with the army, which is much more damaging than the ignorance of Sonia Gandhi and Manmohan Singh.' 'People had an impression that the BJP was different. Now it has been made very, very, plain that it is not.' 'Look at the contrast in the behaviour of the prime minister. When they burnt buses in Gujarat for an unjust demand, the prime minister addressed them in Gujarati while the army veterans were on relay hunger strike for the 74th day on that day, but no word on this from the PM.'
Banerjee has fulfilled two key electoral promises: Ridding Lalgarh of Naxals and bringing peace to Darjeeling
Despite various political leaders, including Haryana Chief Minister Manohar Lal Khattar appealing protesting Jats to maintain calm and peace, the incidents of violence and arson continued during the night in various parts of the state, crippling the normal life in worst affected places like Rohtak, Jind, Bhiwani, Jhajjar, Sonipat, Hisar.
On display was India's military might and cultural diversity.
'A law firm checked credentials of Karan Ajit Judge and Nouam'
Lok Sabha Speaker Sumitra Mahajan came down heavily on Congress leaders for "persistently and willfully obstructing the House" and suspended them for 5 days. The members who have been punished include a president's son, ex-chief ministers' sons and an ex-CM's grandson. Rediff.com brings you the complete list.
'Earlier compensation was less, but we have increased compensation four fold. As a result, farmers want to give up their land.' 'Infrastructure projects will create 50 lakh jobs. If today we are building 14 km of road per day, by next March, we hope to take it up to 30 km. My own hope is we can take it to 100 km per day.' 'The government's ambitious Sagarmala project aims to develop port infrastructure along the country's 7,500 km coastline. The project includes modernisation of our ports and islands, setting up of coastal economic zones, new major ports and fish harbours.'
FM should avoid proposals such as to tax financial transactions and fringe benefits
Deutsche Bank India CEO has grand plans for the region.
Can Jaitley's team hope to garner 17% more on personal income tax?
With the arrest of the film censor board's CEO on charges of demanding bribes to clear films, the regulatory role of the panel is in focus once again
The public-private partnership model is a compulsion, says the minister.
'Those days, none of the leaders thought of amassing wealth.' 'All of them wanted to sacrifice their all for the country.' 'There are many who didn't have any money, but sacrificed their lives for the country.' 'There are many who spent their own money and worked for the country.' 'There are many more about whom we do not even know what they had done; they did everything so silently and selflessly.'
Let Bihar be damned under its contradictions of having gone 'dry' and then having been submerged under flood, which is a recurrent phenomena? After all it is a godforsaken land, having lost its promises of overcoming its problems, says Mohammad Sajjad.
The decision of the Union Cabinet based on the Group of Ministers recommendations only creates an illusion by removing the political executive and creating a proxy institution instead, says Arun Jaitley
The decision of the Union Cabinet based on the Group of Ministers recommendations only creates an illusion by removing the political executive and creating a proxy institution instead, says Arun Jaitley
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).
The Modi government's array of economic policy has been impressive.
'We need to put aside our anxieties about the Budget for now and possibly for long, and carry on as best as we can,' advises Shreekant Sambrani.
Prime Minister Narendra Modi, who recently completed one year in office, has, in an exclusive interview with Smita Prakash, editor, ANI, said the opposition alleging that his government is a "suit boot ki sarkar" is definitely better and more acceptable than being labelled a "suitcase" (ki sarkar), and satirically added, that after ruling for sixty years, the Congress has suddenly remembered the poor.
In the near term, the key driver will still be the government's fiscal spending.
'India's policy makers need to pull their heads out of the sand and recognize the reality that Pakistan has supported and sponsored terrorism on Indian soil for more than three decades; a national counter-terrorism strategy must be evolved in the fullest consciousness of this fact, and of the continued hostility of the Pakistani nation-State to the very idea of India.'
Tax incentives to have cascading effect on the capital goods industry.
'This has to be seen in the context not only of the legacy we inherited, but also of global economic weakness.'
'If after inheriting the very bad situation we have reached this level despite consecutive years of drought and no growth in the world economy, it is no accident.' 'It is a result of the sound macro economic policies followed by this government.' 'We have eschewed populism and stuck to a path of fiscal prudence.'
'Consider this image of today's youth in Bihar -- armed with a bike, a smartphone and possibly some illegal arms too, imbibing incessant stream of images from the Internet and television.' 'Some of them would turn into gau bhakts, some would listen with interest the exploits of Salafism, dig deep into the Internet to come out with images which cry vociferously that their respective religions are in danger.'
Indian economy about to take-off
'These ISIS terrorists want to smash Western civilisation, smash India. For the time being though, their main target would be the US and Europe.'
Anti-nuclear activist S P Udayakumar, who has been called a threat to the economic security of India by the Intelligence Bureau, speaks to A Ganesh Nadar.
President Pranab Mukherjee on Monday addressed the first joint sitting of Parliament as mandatorily required under the Constitution after the general elections. The address is the political, economic and foreign policy road map of the Narendra Modi government and covers virtually all crucial areas.
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