The Bill could be introduced in Lok Sabha very soon.
'Are all roads in India privatised? Are governments not playing a role in airports or ports? If they (private players) want to set up lines for a specific requirement, I see no reason to object. It will expand the opportunity and passengers will also benefit.'
Against a turbulent and uncertain background, Budget 2017-18 hewed a steady, forward-looking course, says Shankar Acharya, former chief economic adviser to the government.
India's new policy commission has received a makeover and a dream team has been formed to head the Think Tank, NITI Aayog.
He made a reference to the clash between Indian and Chinese troops in Ladakh's Galwan Valley in June this year. "What our jawans can do, what the country can do, the world has seen in Ladakh," he said.
Describing north-east as the "gateway" to south-east asia, Prime Minister Narendra Modi on Friday said his government has been pro-actively pursuing the 'Act-East Policy'
The actual expenditure will only be marginally higher and hence, the multiplier effect will be muted.
The Congress and the Left parties might move court to challenge LS speaker's ruling on Aadhaar as money Bill.
Both the Houses of Parliament were adjourned without transacting any business on Tuesday, with senior leaders attributing the adjournments to a diktat from Gandhinagar where Narendra Modi has come in the firing line from multiple quarters along with his key aide and confidante Amit Shah, and the Congress has taken the opportunity to ask for the Gujarat chief minister's resignation.
The minister said that the priority for him will be "rolling out all stuck highway projects that include many of the IL&FS projects within 100 days".
Liquidity issues post the crisis at DHFL, progress of monsoon, rupee trajectory at the domestic level and oil prices are some factors that will keep markets choppy, analysts say.
Quite a few large- and mid-cap stocks are yet to recover from the note ban, pharma, banking and rural demand-based industries among laggards.
Boost to dairy sector will generate jobs
The state government has declared a holiday on Wednesday and Thursday for all private institutions, offices, non-essential services within Outer Ring Road here in view of rains.
Agricultural incomes can be taxed without hurting farmers, as a substantial section - the small and marginal ones - will remain outside the tax net simply because their incomes are likely to be below the basic exemption limit of Rs 250,000 per annum that is extended to all taxpayers in India, finds out Ishan Bakshi.
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.
Here's a recap of events that occurred in India in the past 24 hours.
Over lunch, Finance Minister Arun Jaitley breaks down his Budget. Sheela Bhatt/Rediff.com reports.
'At least 6,000 people attended a meal at Shahabuddin's residence in a feast to celebrate his bail. As if the community has no other priorities of channelising such funds for better purposes!,' says Mohammad Sajjad.
A task force will speed up the recalibration of 200,000 ATMs so these can dispense the new Rs 2,000 notes.
Opposition-ruled states of Kerala, Karnataka, and Tamil Nadu opposing the Bill as they fear losing some of their powers
It is likely the government will divide the country into different zones during the proposed extended period of lockdown and might permit a few services to function in safe zones.
'Prices are rock, bottom, developers are ready to negotiate and banks are keen to lend.'
Economist Arvind Panagariya is the vice-chairman of NITI Aayog, while economist Bibek Debroy and scientist V K Saraswat are the two full-time members of the Aayog.
"Our government does not delay decisions. We neither nurse problems nor keep them pending," Modi said.
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.
Finance Minister Arun Jaitley said Sebi would develop new products in the commodity derivatives space apart from taking steps to deepen the corporate bond market.
'We think FY18 will end with a 10 to 12 per cent earnings growth, but FY19 will see a recovery to over 15 per cent.'
"I congratulate the people of Kochi on the proud moment," the PM said.
The marketplace was simply not conducive to the extension and evolution of broadband networks, particularly for less dense rural markets, so connectivity and services suffered.
The global economy is fragile now. It continues to face both long-term and short-term issues.
The Aam Aadmi Party-led Delhi government on Sunday completed 100 days in office, a period marked by its ongoing bitter tussle with the Lt Governor, a split in the party and implementation of a slew of its electoral promises, including slashing power tariff by 50 per cent and providing free water of up to 20,000 litres per month.
If the Modi government's approach to economic policy making is any indication, expectations of a sudden spurt in economic reforms after the assembly election results appear to be grossly misplaced.
In her letter to Congress President Sonia Gandhi three days ago, Kidwai said she was relinquishing charge as party general secretary and Mahila Congress chief as he felt that Rahul Gandhi should be given the necessary space to bring in younger leaders of his choice
The winners for the year 2019 are from fields as diverse as agriculture, sports, handicrafts, afforestation and wildlife conservation, armed forces and education.
The Goa Investment Promotion and Facilitation Board, the BJP's brainchild, has been able to create only 1,500 jobs
The second part of our series on Prime Minister Narendra Modi's ministers with a criminal record.
500 cities will be developed under AMRUT scheme.
Bihar to get roads worth Rs 50,000 crore.
These consistent performers are expected to maintain momentum.
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