Amendments would be required in the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 for privatisation, sources said.
Prime Minister Narendra Modi on Friday said Finance Minister Nirmala Sitharaman had to give four-five mini-budgets in the form of packages in 2020 and expressed confidence that the upcoming Budget would also be seen as part of that series. In his remarks to the media before the commencement of Parliament's Budget Session, Modi said the first session of this decade commences on Friday and emphasised that this decade is very important for the bright future of India.
The CrPC (Identification) Bill empowers the police to obtain physical and biological samples of convicts and those accused of crimes while the DMC (Amendment) Bill, 2022 seeks to unify the three civic bodies in the national capital.
Responding to a question on Rahul Gandhi suggesting that China and Pakistan are closer due to the policies of Prime Minister Narendra Modi-led central government, US State Department Spokesperson Ned Price in a press briefing said, "I will leave it to the Pakistanis and the PRC to speak to their relationship. I certainly would not - would not endorse those remarks."
The Rajya Sabha was adjourned twice while the opposition parties staged a walkout in Lok Sabha on Tuesday, voicing their protest against the increase in the prices of petrol, diesel and cooking gas LPG.
Modi asked the party MPs to fight against dynasty politics as it is dangerous for democracy,
Narvekar, who polled 164 votes, defeated Uddhav Thackeray-led Shiv Sena candidate Rajan Salvi who got 107 votes.
The speaker rejected the adjournment motion moved by the TDP and sought to take up regular business, which the Opposition did not allow.
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The bill seeks to provide legal sanction to the police to take physical and biological samples of convicts as well as persons accused of crimes.
Kejriwal's remarks came after the Delhi State Election Commission sought the advice of legal experts on if it can still hold polls for the three municipal corporations here following a communication from the Centre for their unification.
A question asked in Tamil triggered heated exchanges in Lok Sabha on Wednesday between the Opposition and Treasury benches that spilled over to the issue of ministers giving replies in Hindi.
Around 25 BJP MLAs led by Leader of Opposition Suvendu Adhikari then walked out of the assembly, claiming that several party legislators were roughed up by TMC MLAs inside the House.
'Why should Khargeji work against the Gandhis for the sake of proving his independence?'
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During his address in the Delhi assembly, Kejriwal also accused Prime Minister Narendra Modi of using the movie for political gains.
Chairman M Venkaiah Naidu read out an obituary reference after which MPs stood as a mark of respect to the memory of the departed.
Chief Minister Arvind Kejriwal on Wednesday said his government has been following 10 principles, inspired by the concept of "Ram Rajya", to serve the people in Delhi.
After Rahul Gandhi gave 'permission' to another MP to speak while he was speaking, the Speaker said, "Who are you to give this permission? You can't give permission, that's my right."
The new Parliament building, whose foundation was laid in December 2020 by Prime Minister Narendra Modi, is being constructed in its vicinity and the work is expected to be completed before the Winter Session.
The opposition also made it clear that they have taken over the state-wide protest against SilverLine and would continue the agitation till the government withdraws from the initiative which they termed as "destructive" for the southern state.
Tax consultants and chartered accountants have started receiving a flurry of calls from their clients - both corporate and individuals - seeking clarity over changes in the reassessment regime made during the recently concluded Budget Session of Parliament. Tax experts apprehend the amendments may lead to the income-tax (I-T) department sending out more notices. The new provisions, effective from April 1, have extended the scope for tax sleuths to reopen the past assessments.
Rajya Sabha Chairman Venkaiah Naidu on Friday met with some opposition leaders and ministers and urged both sides to further discuss their views on the suspension of 12 members of the House in the wake of the Opposition's demand for its revocation.
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On the third day of Budget session, Lok Sabha will elect a new Speaker.
Speaker Om Birla then announced that the suspension stands revoked with immediate effect.
Nepal's decision to ban the import of non-essential items amid depleting forex reserves may hit Indian exports. The country's central bank - Nepal Rastra Bank - last week instructed commercial banks not to open letters of credit (LCs) for importing non-essential items. This is to prevent further decline of the country's foreign exchange reserves. However, it has not issued any formal communication yet.
The resolution is likely to be passed on the very first day of the session, government sources said. The opposition BJP has said the government's move to bring the resolution will be strongly opposed.
Past data shows that in 20 Budget sessions, the market has ended with gains only on eight occasions.
While Birla did not specify the financial implications of the move, sources said the Lok Sabha Secretariat can annually save more than Rs 8 crore with the subsidy coming to an end.
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The former Union home minister claimed that the provisions in the bill can be misused as the police can arrest and take fingerprints and DNA samples of even those who are taking part in political rallies.
Finance Minister Nirmala Sitharaman will kick start the customary pre-Budget consultation exercise with stakeholders from Wednesday by holding the first such meeting with experts of agriculture and agro-processing industry. She will be seeking inputs from various stakeholders, including industry bodies, farmer organisations and economists for reviving consumption and boosting growth hit by the COVID-19 pandemic. The growth this year is expected to be in the double-digit during the current fiscal.
Faced with criticism for her latest Budget not doing enough for the poor, Finance Minister Nirmala Sitharaman on Friday mocked Congress leader Rahul Gandhi's 2013 comment of poverty being a state of mind, and asked if this is the poverty she was supposed to address.
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This will be the second all-party meeting called by the government to discuss the COVID-19 situation since the outbreak of the pandemic.
Shah said that the people of the country will decide about the principal opposition party to BJP in the 2024 polls and they have not given this label to any party.
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