The central government, in its typical sledgehammer style, has unleashed the might of its investigative agencies like the Enforcement Directorate against NCP and Shiv Sena leaders.
'My role will be to take her message across the country.'
What is the lure of a government job? The answer is India's worst kept secret: Job security. And among the many government jobs desperately sought after is in the armed forces. Which is why the riots by aspiring armed forces job seekers against the government's Agnipath scheme should not really be surprising, points out Harishchandra.
Since jobs will remain scarce for the foreseeable future, an unemployment allowance should be the next big social-security initiative, suggests T N Ninan.
'The finance minister said, the MSME is the backbone of the economy. My question is, what have you done for the sector?'
Dominic Xavier asks if it is right to blame coronavirus and the lockdown for India's economic decline.
With NEFT, which drives the retail payments value, operationalised on a 24x7x365 basis, the country's payment systems landscape is headed for substantial growth.
'In May 2020-2021, nearly 10 crores (100 million) lost jobs. 'Covid is not the reason for the present crisis. It aggravated the crisis.'
From hitting the 1,000-mark on July 25, 1990 to reaching the 60,000-mark for the first time on Friday, it has been a historic and memorable journey for the benchmark index Sensex. It has taken a little over 31 years for the Sensex to traverse from 1,000 level to the famed 60,000 level now. Over the years, the frontline index has climbed several record levels. The index had reached the 10,000-mark for the first time on February 6, 2006.
Could the gains in terms of widening the tax net, increased digital transactions and detection of higher fake currency notes have been achieved without the huge disruption and output loss that demonetisation caused to the Indian economy, asks A K Bhattacharya.
'We will be voting keeping in mind the brunt we bore because of demonetisation and high GST rate'
The Opposition on Thursday hit out at Prime Minister Narendra Modi saying his note ban decision was "reckless".
'How does one square up the fact that despite the infusion of money at election time there was no price rise?' 'It is time the new government ordered an external audit of the RBI to find out the truth,' says Col Anil Athale.
'How low GDP would have been, we don't know.' 'It raises serious questions because so many indicators are pointing to such a sharp decline and GDP estimates are still showing 4 per cent growth.'
Barring stray references such as the 'dual control' of banks and shifting the goalposts during demonetisation, he is not in a fault-finding mode with the government, notes Tamal Bandyopadhyay.
The NCP minister said while fake notes were seized in other states after demonetisation on November 8 2016, there was not a single such instance in Maharashtra.
Kapoor has told the Enforcement Directorate that he was 'forced' to buy the M F Husain painting from Priyanka Gandhi and the sale proceeds were utilised by the Gandhi family for the medical treatment of Congress president Sonia Gandhi in New York, according to the charge sheet filed by the federal anti-money laundering agency in a special court in Mumbai.
Congress leader Rahul Gandhi on Wednesday slammed the government over the rising price of domestic cooking gas, diesel and petrol, and alleged that an amount of Rs 23 lakh crore has been earned by increasing prices of these commodities in the last seven years.
India's work participation rate is lower than Pakistan and Bangladesh. Are Indians lazy? No, there are no jobs, asserts Aakar Patel.
The slowdown had been brewing since 2016 but was intensified further by several disruptions in the past two years including demonetisation.
Modi said Congress's 'politics begins and ends with one family'.
'When I said the Gandhi family had to step aside, it was because we have consistently seen that the public has not accepted them.'
Senior Congress leader Jairam Ramesh also asked the RBI to make public details of FDI inflows from Cayman islands since demonetisation.
'In the course of my interactions with him, Modi insisted that he does not believe charisma alone can sustain people's trust for long.' 'That is why Modi consistently refers to Mahatma Gandhi to contextualise his politics.' 'He believes in taking his ideas to the masses and getting their acceptance as an index of approval.'
A revealing excerpt from Ajay Singh's The Architect of the New BJP: How Narendra Modi Transformed the Party.
Sushil Chandra will conduct the UP, Punjab, Goa, Manipur, Uttarakhand elections before he retires in May 2022.
'For a responsible person like him to utter such nonsense is shameful.' 'He is not fit to be a director on the RBI central board.'
The Congress president said the PM should apologise for the note ban decision.
The BJP campaign highlighted Yogi's persona as a tough-as-nails leader and an incorruptible man with no nest to feather; Modi's charisma which was turned on full blast in the penultimate phases; Amit Shah's ground work; a well-oiled party organisation, and the RSS's back-up.
In a first, the Comptroller and Auditor General's (CAG) officers reached out to several ministries in the last week of April as part of a confidence-boosting measure. The meeting brought the CAG officials and those from the ministries across the table to discuss the pain points in their relations. CAG of India Girish Chandra Murmu took this novel step because of growing tensions between those audited and the auditor.
'By November 2020, men recovered most of their lost jobs, but women were less fortunate: 49 per cent of the job losses by November were of women.' 'The recovery has benefited all, but it benefited women less than it did men,' notes Mahesh Vyas.
CBDT feels 30% growth in income-tax not feasible.
Union ministers fanned out across the country to highlight the crackdown on black money to mark the first anniversary of demonetisation on Wednesday which the Bharatiya Janata Party celebrated as "Anti Black Money Day" while the Congress-led Opposition observed it as "Black Day" with street protests.
'The Presidential Years' would be the fourth to be authored by Mukherjee, who passed away on Monday at the R&R hospital at the age of 84.
Declaring demonetisation a complete failure may turn out to be hasty, argues economist Ashok K Lahiri.
Post demonetisation, there has been a hike in collection of personal income tax
A handsome victory for the BJP in UP would act as confirmation of its recent political choices. The UP chief minister would be cemented in the popular mind as Mr Modi's chosen heir within the Hindutva fold, and presumably as his successor in New Delhi, observes Mihir S Sharma.
Nobody bothered to articulate the upsides; instead, the four-year tour of duty and denial of life-long pensions got played up.
Job-seekers for government and related opportunities found that their future was at risk, points out Shreekant Sambrani.
We have not suffered such huge price shocks across so many basic commodities, at the same time, in decades. Has the inflationary impact of all this been factored into stock prices as yet, asks Debashis Basu.
The cash crunch following demonetisation and transaction fees that do not cover costs are among the reasons why the sector is struggling.
It may well be possible to defeat Modi. But nobody seems to know how, points out Vir Sanghvi.
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