'Friday's parliamentary confrontation obviously was a precursor, or a trailer, to use a pop culture reference, to the real show awaiting the nation,' says Saisuresh Sivaswamy.
The Centre on Thursday hoped that "some political solution" would emerge paving the way for formation of a popular government in Delhi as political parties questioned the delay in this regard and said it was hurting infrastructure in the national capital.
Parliament on Tuesday approved the long-awaited fiscal responsibility legislation after Finance Minister Jaswant Singh promised there would be no lowering of developmental expenditure.
SEZs account for just about a third of India's merchandise exports (and roughly the same proportion of services exports). Yet, the notion of creating global manufacturing centres of the kind that propelled China to superpowerdom retains a durable appeal within the Indian policy-making establishment, notes Kanika Datta.
AIADMK MLAs were on Wednesday suspended till Friday by Tamil Nadu Assembly Speaker R Avudaiyappan after they were evicted from the House en masse for creating rumpus over remarks made by a ruling DMK member.
On the revenue front, the finance ministry was expecting higher proceeds from non-tax revenue.
'The estimates of tax forgone on this item run into hundreds of billions.' 'And there is neither fairness nor rationality to support continuing with this tax holiday for just one class of investors, those who put their money in shares,' says T N Ninan.
Nothing is going to dramatically open up on May 3. There will be too many ifs and buts and terms and conditions and guidelines in leading one's life in various zones, reveals Sheela Bhatt.
In an important decision ahead of the assembly polls, the Maharashtra government on Monday announced closure of 44 toll plazas, a move that comes in the backdrop of protests over levy of road tax in the state.
The amendments will also allow the NIA to probe cyber crimes and cases of human trafficking.
Bad loans of PSBs are at Rs 20 trillion. Most of it is, I sense, due to corruption and behest lending. Nobody pays a price for this charade. Not the promoters, the bankers, RBI officials, finance ministry bureaucrats or politicians, points out Debashis Basu.
'The rise of Naxalism is a reflection of the need for our development initiatives to reach the grass roots, especially in our most backward tribal districts.'
Opposition parties on Monday slammed the government for ignoring the interests of farmers and said funds allocated in the General Budget for agriculture ministry were not sufficient.
The government will retain 51 per cent stake in all public sector units, finance secretary Ashok Chawla said. The government has proposed to mop up Rs 1,100 crore (Rs 11 billion) this fiscal from divestment of stake in PSUs.
Union Budget 2010-11 seeks to impose service tax on the services rendered by the hospitals where the payment is made to them by insurance companies and/or the TPAs. How will this affect you?
The Indian Railways lost about 40 per cent of its business due to disturbance including Maoist violence and agitations.
Rajya Sabha took up the discussion on The Farmers' Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020 and The Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill that have already been passed by Lok Sabha.
Senior Congress leader Jairam Ramesh puts it succinctly: "Arun Jaitley was every non-BJP person's favourite BJP-ite."
PM Modi on Sunday called upon states to "speed up capital expenditure and infrastructure creation" to spur economic growth.
Online companies would look forward to an integrated and uniform approach for tax laws and regulatory policies
The sources said consultations with some of the ministries have been undertaken and the state may soon witness the end of governor's rule.
'Is this the only way for India to become a $5 trillion economy?' 'When you have unused foreign exchange here, why borrow more dollars?'
The government has at last commenced important structural reforms.
In this pandemic, why can't we have multiple locations for various disciplines, all of it then merged into a virtual convergence called the Olympics instead of one massive event in one city, asks Shyam G Menon.
He said that such a campaign will hurt the interests of the country.
With only two working days left in the winter session of parliament, the fate of the government's economic reform agenda, particularly the Insurance Bill and the Coal Bill, hangs in balance in view of strong opposition by some parties.
Finance Minister Pranab Mukherjee on Monday announced a slew of concessions, including a 1 per cent interest subsidy for lower and middle income housing loans, and exempted road repair and maintenance services from the ambit of service tax.
The opposition BJP today sought to brand Uttar Pradesh Chief Minister Mayawati as a "new-age Shahjahan" apparently over spending of a huge amount of money over setting up of parks and memorials in the state.
Amid ballooning fiscal deficit, the government on Tuesday categorically said that it has 'no intention' to monetise its debt, which implies that it will not directly borrow from the Reserve Bank of India. As fiscal deficit is projected to be at 6.8 per cent of gross domestic product this fiscal and the government has pegged its market borrowings at around Rs 4 lakh crore (Rs 4 trillion) for 2009-10.
FY14 economic growth rate pegged at 4.8-5.3%, WPI inflation set to rise
Facing opposition criticism over alleged inaction by the Delhi police during the violence last month, Shah appreciated the police for not allowing the riots to spiral.
'If you consider only demonetisation and GST as my government's work, it will be a big injustice to me.'
The navy wants to spend Rs 40,000 crore on INS Vishal, a choice the army and air force oppose. This is as much about turf as about funding. explains Ajai Shukla.
India should be wary of Pakistan, Yashwant Sinha, senior leader of the Bharatiya Janata Party, tells Aasha Khosa.
BJP member Ananth Kumar was debating Mamata Banerjee's promise to upgrade 309 stations as 'model' ones, of which 137 were in West Bengal. Intervening, Lalu Prasad Yadav said, "World-class station banana to ek soch hai. Yeh banna to hai nahi. Aap pareshan kyon ho rahe hain? In this connection, he said during his tenure also he had proposed to upgrade Patna station which never happened.
Motilal Oswal, chairman and managing director, Motilal Oswal Financial Services, tells Puneet Wadhwa that with Moody's upgrading India's sovereign rating and earnings growth coming back, the country will remain a hot destination for foreign investors.
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
As the government came under attack from the Opposition during the debate on the recent communal riots in the national capital that have claimed over 50 lives, the BJP members alleged that the violence was a pre-planned conspiracy and the home minister and authorities took pro-active steps to control the situation.
All eyes will be on the All India Anna Dravida Munnetra Kazhagam, Biju Janata Dal and the Sena itself to see which way they vote.
It would also be the last policy of Rajan