For the Congress to be taken seriously, it has to convince those around it that it could actually double its Lok Sabha seat share from the existing 52, and vote-share by a third more from the stagnating 20 per cent in 2014 and 2019, points out N Sathiya Moorthy.
While the Centre is criticised for not cutting excise duty on petroleum products, it is the states which gain more from the rise in their prices
'This is purely a brand sale. It includes the Ambassador with its variants. Peugeot is likely to relaunch the brand with multiple variants.'
The bill provides for severe punishment ranging from 1 year to 10 years and pecuniary fines ranging from Rs 2 lakh to Rs 50 crore to act as deterrent.
About 85% of complaints received were related to investments of less than Rs 10,000 each.
Stalin owes his victory this time, like in 2019, to the hate-campaign of the local Hindutva forces, which kept haranguing him, and even his dead father, notes N Sathiya Moorthy.
The PM said she made a noteworthy contribution to Delhi's development.
Prabhu asks Indian Railways to save Rs 5,000 cr on energy bill.
The oil sector has been quite lucky for the Modi government. It has often provided an opportunity to the government to mend its finances, notes A K Bhattacharya.
'When you enter our secretariat, you are insulting us.' 'It is the seat of government of the state of Tamil Nadu,'
It is rare for Cabinet ministers to tick off state-owned companies publicly, yet that was what then petroleum and natural gas minister Dharmendra Pradhan did for ONGC. Speaking at an event on June 29, Pradhan said he has asked India's premier exploration company to find fresh oil acreages fast. "Do it yourself through some joint venture (or) through a new business model. But the government cannot permit you to hold resources for an indefinite time." The reason for this stricture is India's rising dependence on imported oil and gas. Or, to put it another way, falling domestic production (see chart: "Crude truth"), especially from ONGC, which faces a simple problem.
Among key stocks, Tata Motors, Hero MotoCorp, L&T, Wipro, ICICI Bank, Dr Reddy's Labs and ICICI Bank, all up between 1%-3%
If the interest rate on bank deposits is linked to any external benchmark, it would jeopardise the banks' fund-raising ability. Interest rates on small savings schemes are likely to be reduced very shortly, to maintain parity. All these steps would indeed affect retired people, and particularly those dependent on interest income, says Arindam Gupta.
This permission was given some time late last month, before the Reserve Bank of India (RBI) on March 31 issued the indicative borrowing calendar for the states for April-June and the one for the Centre for April-September.
'Modi has lost a great opportunity to show himself to be a leader, mentor and path-setter, capable of rising above narrow party interests,', says B S Raghavan, the distringuished civil servant.
NCP chief Sharad Pawar said his party had anticipated such an action against its leader Malik as he 'speaks openly'.
Fadnavis also dismissed Hegde's claim as 'absolutely wrong' and said nothing of that sort happened.
Finance Minister Nirmala Sitharaman on Monday presented the Budget for 2021-22 in the Lok Sabha that is expected to provide relief to the pandemic-hit common man as well as focus more on driving economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours, As India emerges from the COVID-19 crisis, the ninth Budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
The Centre would need the concurrence of 20 states out of 29 to impose a GST on petroleum
Usually, the chair in the Upper House reads out obituary references before members rise as a mark of respect to the memory of the departed.
'Both the governor and the President enjoy an enormous array of 'grey' powers.' 'All parties criticise these when in the Opposition. But why does no government dismantle them when these parties come to power?' asks Aditi Phadnis.
'It disappoints and saddens me no end that Mahua has allowed herself to be carried away by the Goebbelsian onslaught mounted on the BJP and Narendra Modi by certain vested interests which find themselves exposed and thrown out of the gravy train,' says B S Raghavan, the distinguished civil servant.
Finance Minister Arun Jaitley, who is meeting state finance ministers on Thursday to garner support for the Constitution Amendment Bill for a goods & services tax (GST), is likely to immediately dole out about Rs 13,000 crore (Rs 130 billion) in Central Sales Tax (CST) compensation to states.
The long-time Congress leader and seven-time parliamentarian had tested positive for COVID-19 at the time of his admission and was being treated for a lung infection.
The 41st meeting of the GST Council, to be held via video conferencing, has just one agenda for discussion -- making up for shortfall in states' revenues, sources said.
Reaching a consensus might also get tougher, as already seen with issues like inclusion of natural gas in GST and imposition of a sugar cess, both central proposals being resisted.
Altogether 20,000 Indian nationals have been evacuated from quake-torn Nepal and arrangements were being made to take them to their homes by trains from Raxaul, Petroleum Minister Dharmendra Pradhan said on Tuesday.
Shortly after former Defence Minister George Fernandes died at the age of 88, leaders across the political spectrum paid tribute to the veteran leader. Here is how our leaders reacted to the tragedy.
Earnings growth is expected to accelerate as lingering toxic effects of note ban ease off and GST settles down. However, stock valuations are high and that means market is also overdue for correction, says Devangshu Datta.
Protests by various parties could be seen as they demanded the Prime Minister Narendra Modi rolled back the demonetisation scheme.
'We might have lacked somewhere but our commitment was absolute. We might have made mistakes and fallen short to some extent. We might not have done something but what did you do'
Rejecting criticism of jobless growth, he said if state after state is creating good number of jobs, how can the Centre be creating joblessness?
'Igniting in this country, a false feeding of nationalism combined with religion.' 'They are promoting the religion of the majority people in the country to feed their political agenda.'
'In times of recovery, we may see a rural-urban divide with the urban pockets affected more by COVID-19, but the MFI business model should encourage banks to handhold them in this hour of crisis,' notes Tamal Bandyopadhyay.
There were reports that some Commission officials were against the Rajan panel's suggestion to replace Gadgil- Mukherjee formula with Rajan Committee's Multi Dimensial Index for allocation funds to states.
According to Yashwant Sinha, a national-level pre-poll alliance of all opposition parties should be formed or a nationwide pre-poll alliance of regional parties should be made to defeat the BJP in the general elections.
Slamming the Union budget as 'insipid' and lacking in stimulus for growth, the Congress on Saturday said it does not address the main issue of unemployment and describes the mindset of the government.
Mayawati was outmanoeuvred by the BJP in the race for the Rajya Sabha in Uttar Pradesh just days after she helped the Samajwadi Party snatch two Lok Sbaha seats from the saffron party in bypolls.
'Clearly, the depositors of cooperative banks need the maximum protection.'
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