One of the demands is that export duty should be rolled back in view of industry promising to hold the price line. A decision will be taken soon," Steel Minister Ram Vilas Paswan told reporters. The industry has also promised to restrict export at the existing level and the government is monitoring the situation closely, the minister said, adding that "we are satisfied with the industry's action."
Finance Minister P Chidambaram's budget announcement to cut the excise duty on drugs from 16 per cent to 8 per cent received a loud applause from many corners. However, the common man is yet to see its impact as there are many loose ends to be tied up and loopholes to be plugged before drug prices show any downward trend.
The effort was aimed at bringing greater cohesion in the alliance ahead of the assembly polls in three states, including Bihar.
Manmohan Singh and almost all his Cabinet colleagues were among those who drove to her 10, Janpath residence in New Delhi to wish her.
The government on Tuesday said the steps taken by the national pharmaceutical pricing authority for enforcement of prices fixed by it had resulted in recovery of an overcharged amount of Rs 80.08 crore (Rs 800.8 million) till October this year.
The BJP is seeking to make an issue out of Kanchi Shankaracharya's arrest and Jharkhand Mukthi Morcha chief Shibu Soren's reinduction into the Union Cabinet.
A day after Minister for Steel, Chemicals and Fertiliser Ram Vilas Paswan told Parliament that steel prices would come down by Rs 500 a tonne on account of the 2 percentage point reduction in Cenvat, makers of flat and long products quietly raised prices by Rs 1,500 to Rs 3,000 a tonne on March 4.
Ram Vilas Paswan's LJP is accusing Laloo Prasad Yadav's RJD of 'sabotaging' the prospects of its candidates in the Lok Sabha polls.
One of the politically sensitive issues on which the United Progressive Alliance government will have to decide soon is the subsidy increase on phosphatic fertilisers by up to Rs 1,000 crore (Rs 10 billion) to keep a check on domestic prices.
Fertiliser ministry officials on Monday briefed the new minister Ram Vilas Paswan about the pending decision on increasing subsidy on phosphatic fertilisers by upto Rs 1,000 crore (Rs 10 billion) to keep a check on domestic prices.
Please promise, especially those millions who trust you with their hard-earned money, never to let your voting preferences determine your actions on the markets. The most appalling and scary phenomenon was fund houses and brokerages going out on election yatras and writing copious reports promising more than 300 for the BJP. That was your wish as voters. Your investors are paying for it now, points out Shekhar Gupta.
Two Rajya Sabha MPs from Gujarat -- BJP president Amit Shah, now Home Minister, and Smriti Irani, who has got the women and child development ministry -- have won the Lok Sabha polls, thus creating two vacancies in the Upper House of Parliament from the state.
India's total fertiliser subsidy burden in the current financial year is more than double the budgetry allocation of Rs 24,500 crore (Rs 245 billion) as announced in the Budget.
This came amid the buzz of an imminent reshuffle in the Union Cabinet.
'The present timing suggests it was done under some political influence,'says Supreme Court lawyer Prasant Bhushan.
Steel Authority of India Ltd, the country's largest steelmaker, will invest a massive Rs 100,000 crore for expanding capacity to 40 million tonnes by 2020, Steel Minister Ram Vilas Paswan announced in New Delhi on Friday.
It aims at slashing the average market prices from 10 to 30 per cent for low-end brands and from 30 to 60 per cent for high-end ones.
The government does not intend to introduce a mechanism to control the prices of steel and iron ore as they are deregulated and are governed by market forces, the Lok Sabha was informed on Monday.
The former MP is alleged to have murdered CPM legislator Ajit Sarkar in Purnea.
Former Bihar Chief Minister and senior Janata Dal-United leader Ram Sundar Das died in Patna on Friday due to age-related problems. He was 95.
The grand old party, which had gone to polls in February this year in alliances with RJD and LJP contesting 84 seats, could secure just ten and finish second in as many, polling a meagre five per cent of votes.
Once rolled out, theaterisation will be the biggest military reform in the country. It will see the creation of unified theatre commands within the 1.7 million-strong Indian armed forces.
Bihar Chief Minister Nitish Kumar's Janata Dal-United on Friday made a fresh plea to the Narendra Modi government at the Centre for an immediate review of the Agnipath scheme, and assure protesting youngsters that their future will not be adversely affected by the new recruitment policy in the armed forces.
The petition sought setting aside speaker's June 14 circular showing the name of Paras as leader of Jan Lokshakti Party in the Lok Sabha.
Signalling both change and continuity, India's new government, headed by Prime Minister Narendra Modi for a third consecutive term, got into work gear on Tuesday with cabinet ministers and ministers of state filing into their respective offices to assume charge.
'In Bihar, the Dalits are not a consolidated socio-political constituency,' says Mohammad Sajjad.
Three million tonnes of buffer stock, where the government bears the interest and insurance cost, was announced by the Centre only for a year and that period is ending in June.
UP's representation in the government could diminish, given the BJP's decreased seat count in that state.
Kumar, whose NDA-allied Janata Dal-United has won 12 of the 40 Lok Sabha seats in Bihar, has emerged as a key player in government formation
There have been media reports that the LJP was unhappy over the return of the Hindustani Awam Morcha-Secular into the National Democratic Alliance fold and contempleting fielding candidates against JD-U nominees.
Besides, the department has sought an explanation from officials concerned for the collapse of bridges in East Champaran on June 23 and in Madhubani on June 26.
"Lalu ji had madhur sambandh (cordial relations) with my father and political mentor Ram Vilas Paswan. I thank him for lending credence to my leadership. But, my current priority is the ongoing state-wide Ashirwad Yatra", Chirag told reporters in Patna.
'If people don't see you, they might be hesitant, but once they see you, they are confident that this is the person they will vote for,' says political debutant Shambhavi Choudhury, 25, alumnus of the Lady Sriram College and the Delhi School of Economics.
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