This will, of course, go a long way in meeting the promised fiscal deficit target of 3.6 per cent of GDP in 2015-16.
China's malfunctioning stock markets remained semi-frozen.
The broader markets, however, outperformed the benchmark indices -- BSE Midcap and Smallcap indices ended up 0.6%-1%.
'There is much scope for ingenuity and inventiveness, and the stakes are very high.'
The post-crisis debate on capital account management focuses on matching instruments with vulnerabilities.
A total of 89 seats -- out of 182 -- spanning the Saurashtra and south Gujarat regions, are up for grabs in the first phase with 977 candidates in the fray, including Chief Minister Vijay Rupani.
'There is need to invent another enemy.' 'If you can add Maoists to Muslims, the tukde-tukde thread will tie in nicely.' 'You might even have a 'nation in grave danger' story by the summer of 2019,' notes Shekhar Gupta.
'There has to be an 18-month transition.' 'But if the government had some prior knowledge that the high value notes were being used for an imminent terrorist activity in the country, then we have to accept the step.'
This Budget signals a shift from a hand-out to a hand-up economy.
The proposals appeared so far apart that success seemed higly unlikely
EU authorities made a last-minute offer to salvage a bailout deal that could keep Greece in the euro as the clock ticked down on Tuesday, with Germany warning that time had run out to extend vital credit lines to Athens.
In a historic ruling, the US Supreme Court on Friday legalised same sex marriage, holding that gay people can get married in all 50 states of the country.
Measures may include tax slab and rate revisions for individuals, companies.
'None of our critics have spoken about JNU's positive contributions. Instead, we are being labelled anti-national. A whole host of BJP leaders are products of JNU including Nirmala Sitharaman.'
"Until now, the Congress was completely against the current government. Now they have also joined hands overnight. This goes to show how honest their intentions are," he added, taking a swing at the alliance.
It may not have a bold design but it addresses the needs for comfortable and affordable commuting.
Ashish Narsale asks if you will be able to hold this bezel-less flagship phone on the road or juggle it in a train, like you do with other phones, or share memory-heavy 4k videos?
Data spanning the years 1951 to 2014 show that temperature and pressure conditions at specific locations in the Arctic region during the pre-monsoon period correlate with the Indian summer monsoon rainfall, points out Charu Bahri.
India needs to tread cautiously on the growth path.
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India's share of 2015 emerging market allocations will be driven by FII perceptions on likely growth and reform.
Biometric authentication is based on the unscientific and questionable assumption that there are parts of human body that does not age, wither and decay with the passage of time.
11th-hour debt restructuring programme offered no concessions to creditors
Kiran Bedi tells Amberish K Diwanji reasons for her optimism about change in the political sysatem.
'I had to convince myself that I was steely enough to operate on a cold-blooded killer.' 'For all my medical experience, this was something I had never done!' 'If something happened to Charles, I knew my fate was sealed for me.' 'I would be called Doctor Death until I breathed my last.' 'Success was my only hope of escaping that fate.' A fascinating excerpt from heart surgeon Dr Raamesh Koirala's Charles Sobhraj, Inside The Heart Of The Bikini Killer.
'The past year has yielded extraordinary results in the strategic, commercial, and people-to-people components of the India-United States partnership, US Ambassador to India Richard Rahul Verma tells Aziz Haniffa/Rediff.com in an exclusive interview.
The NHAI says non-availability of funds from private developers and financial institutions is also responsible for major delays.
BJP President Amit Shah -- arguably the second most powerful politician in the nation -- granted a rare television interview to the Network 18 group of news channels. Rediff.com's Rajesh Alva checks out what the BJP boss said in this word cloud assessment of the interview.
South African Olympic and Paralympic track star Oscar Pistorius was sentenced to five years in prison by Judge Thokozile Masipe, closing one of the most sensational trials in South African history and one that may yet fuel controversy about race and money in its justice system.
Why Dalit leaders cross over to the BJP
So concluded a day in court that saw a woman accused of murder don a fresh role of heroine of the moment. Even Bollywood couldn't have come up with such a curious twist.
"The poor will not suffer disproportionately due to bouts of sharp inflation, and the middle class will not see its savings eroded," Raghuram Rajan said.
'People are beaten at the slightest provocation, paraded completely naked and then tortured. Did you know the number of prison deaths is the highest in Maharashtra? The one year I was in jail, 98 prisoners died.' 'The judges did warn the jail authorities, but they didn't care. They even violated the high court's order regarding my treatment. One judge asked my lawyer: "Can I go and implement my orders there?"' Professor G N Saibaba, who is 90 per cent handicapped, speaks of his ordeal in a Nagpur jail after being arrested for protesting against the Centre's anti-Naxal and anti-Adivasi campaign.
'We are rushing to 'develop' without carefully valuing natural areas.' 'With careful land use planning and scientific zonation at least 5 to 10 per cent of the country's land can be secured for tigers and other such species, and another 5 to 15 per cent kept under low-impact uses to support biodiversity that can coexist with human uses.'
Once these banks start showing losses, they will not be able to pay dividends to the government nor pay taxes, which will further aggravate the situation for the government as its return on investment as an investor would be very negligible for the next few years, says M V Subramanian.
Sandeep Shanbhag, a chartered accountant and director of Wonderland Consultants, a tax and financial advisory firm, discussed the impact of Budget proposals in a chat with Rediff.com's readers.
'Today is our independence day. Udta Punjab is not just a film anymore. It is a movement and one that has ended in the victory of democracy.'
'We have about Rs 4 lakh crore debt on a state budget of about Rs 1.5 lakh crore.' 'We are in a debt two-and-a-half times our annual budget,' says the banker who would have been Tamil Nadu's finance minister had the DMK won.
Excerpts from Prime Minister Narendra Modi's speech at the Combined Commanders Conference on board the INS Vikramaditya at sea, off the coast of Kochi.
Opposition on Monday picked holes in various government decisions like demonetisation and surgical strikes as well as allocation of funds for MNREGA, agriculture sector and Scheduled Castes, saying it has failed on all fronts despite which it is trying to "fool" the people.
It's just not stocks and mutual funds that help you make good profits in the long run, says Sharath Komarraju, author of 'Money Wise' which, he says, is 'Aam Aadmi's guide to wealth and Financial Freedom'.
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