President Pratibha Patil said on Friday the benefits of India's economic growth should reach the grass-root level to build a more equitable and sustainable society.
Vedanta had proposed to buy a 51 per cent stake in Cairn India for $9.6 billion in the middle of last year. The Cabinet Committee on Economic Affairs is expected to take up the issue next week.
'If the political executive doesn't want an independent judiciary, it will be impossible for the judiciary to maintain its independence.'
Investment in infrastructure was necessary for the economy, as power shortages, inadequate transport and poor connectivity affect overall growth performance, as per the Economic Survey 2019-20 tabled in Parliament by Union Finance and Corporate Affairs Minister Nirmala Sitharaman. "To achieve GDP of USD 5 trillion by 2024-25, India needs to spend about USD 1.4 trillion (Rs 100 lakh crore) over these years on infrastructure so that a lack of infrastructure does not become a constraint to growth," it said.
'Who are these people on the streets?' 'They are youth and students who were hoodwinked, bluffed by Modi for the last seven years, with a promise of 2 crore jobs every year.' 'And Mamata sings the same tune.' 'But the youth can see that as long as there is Mamata or Modi, there is no hope.'
The Union ministry of human resource development, headed by Kapil Sibal, has drafted a proposal on educational loans, which entails changes that will increase the accessibility of these loans -- the objective being an equitable distribution.
Pakistan government should consider granting India the 'Most Favoured Nation' status to exploit the huge trade potential as free trade relations with it will enable the country to achieve higher and more equitable GDP growth, an official panel has recommended.
Perhaps this is the first time in the history of the UN that India is part of a consensus in a small group, which is being disowned by a majority of the developing countries. It is no great consolation that we are in the company of three other major developing countries, says TP Sreenivasan
Bukhari, who was elected president of the JKAP, said the party's core agenda would be the restoration of Jammu and Kashmir's statehood and its residents' domicile rights in land and jobs.
'So why didn't the police make it very clear that this is the line of investigation, this is what we are doing.' 'Nobody knows what kind of report was done.' 'Was she checked for (sexual assault)?'
Amid no signs of a breakthrough, Prime Minister Manmohan Singh on Friday said the outcome of the Copenhagen climate summit may fall short of expectations and warned against any dilution of the principles of UNFCCC, particularly of 'common but differentiated' responsibilities.
The minister echoed the consistent message of the Indian delegation as well as other developing countries that the Intended Nationally Determined Contributions of all countries should include elements of adaptation, finance, technology and capacity building.
Pushing for a legally binding substantive outcome at the Copenhagen climate change meet, Prime Minister Manmohan Singh on Saturday said India is willing to sign on to an ambitious global target for emission reduction or limiting temperature increase, if it is accompanied by an equitable burden-sharing paradigm. He denounced attempts by some developed nations to junk the Kyoto Protocol on greenhouse gas emissions.
Moreover, Ravi Narain and Chitra Ramkrishna -- who had served as MD and CEO of the exchange -- have been asked to disgorge 25 per cent of respective salaries drawn during a certain period.
Sri Lankan cricket captain Kumar Sangakkara has urged world cricket chiefs to balance the international calendar via the provision of a more equitable Future Tours Programme.
Teamwork, critical thinking, networking, collaboration and adaptability are among a few soft skills that will enable our students to tackle challenges in life as well as at their workplaces, says Rustom Kerawalla.
'Islamabad is only as big as a Delhi suburb.' 'How can a city with just two five star hotels and only one departure gate at their international airport be compared to Delhi with its sprawling airport?' Ambassador T P Sreenivasan finds the pulse of Pakistan after visiting Islamabad for the first time.
United Progressive Alliance chairperson Sonia Gandhi on Sunday said that while the Congress ensured equitable and uniform development in all areas, the National Democratic Alliance rule was biased against states ruled by her party.
At Copenhagen, attempts to arrive at a fair deal on climate change were deadlocked with countries refusing to budge from their positions on sticky issues like emission cuts. Environment Minister Jairam Ramesh, who is leading the Indian delegation, said the BASIC group -- comprising India, China, South Africa and Brazil -- "is united and we would like to reiterate that we want an equitable and fair agreement to emerge out of the summit".
Negotiations to hammer out an 'equitable and fair' deal on climate change were deadlocked on Wednesday, even as hundreds of climate activists were tear-gassed, beaten up and detained for trying to break into the UN-sponsored Climate Summit in Copenhagen and establish a 'people's assembly', accusing the 193 participating countries of not trying to reach a new deal to combat the menace.
The description of his career by Ambassador Nazareth in his elegant language, judicious choice of details, without ego or malice to anyone, shows that it had its ups and downs, triumphs and tragedies and lucky and unlucky accidents. Ambassador T P Sreenivasan reviews A Ringside Seat to History.
United States' President Barack Obama on Wednesday said that fighting HIV/AIDS in America and around the world will require more than just fighting the virus as he unveiled a new strategy to combat this dreaded disease.
Forex trade can be a very profitable venture. But while the money market movements are small, they can hurt big.
He said that if there are issues that need to be talked about, it is between India and Pakistan.
A discussion paper by the empowered committee of state finance minister released today said taxes levied by the central government like excise, additional excise duty and various surcharges and cesses would be part of the GST.
Malaysia Airports Holdings Berhad is the minority partner with 11 per cent and 10 per cent stakes in the Hyderabad airport and the New Delhi airport respectively.
According to exporters, withdrawal of incentives under GSP would impact India's export worth $5.6 billion to the US.
The Union Cabinet on Thursday night gave the go-ahead for the creation of a 10-district Telangana and outlined the blueprint for carving out the country's 29th state from the current Andhra Pradesh.
What next for #TimesUp after Hollywood's biggest night?
A policy is being framed to give equal fiscal treatment to all fibres so that common man gets clothing at competitive price, Textiles Minister Dayanidhi Maran said in the Rajya Sabha on Wednesday.
Besides seeking vacation of the apex court's interim order, which stayed the electricity tribunal's judgement on May 14, Reliance also sought a direction to Maharashtra Electricity Regulatory Commission to allocate TPC's generating capacity as was done for financial years 2006-07 and 2007-08.
The conference held in New York from June 24 to 30 had agreed on a sweeping action plan to help blunt the impact of the economic downturn, especially for developing counties, but 'in the interest of all nations... to achieve more inclusive, equitable, balanced, development-oriented and sustainable economic development to help overcome poverty and inequality'.
Sikka is considered to be the force behind SAP's analytics platform, HANA that had helped the company strengthen its position in the global market.
Being one of the most ecologically modernized state in the world, Japan heads to Copenhagen with its ambition of green leadership in the post Kyoto regime. Japan has nurtured this ambition through smart diplomatic endeavors, ecological restructuring of policies and technological innovations.
China's per capita GDP is about four times of India's, Raghuram Rajan said.
The Tribunal said the equitable distribution of Mahadayi waters among three states is 'neither necessary nor feasible' at this stage.
The 18 new members were elected by absolute majority through a secret ballot.
Tanti, who acquired Germany's REpower Systems last year, today announced plans to buy Chinese wind energy company Honiton Energy Holdings. The acquisition will be concluded through Colossus Holdings, a Singapore-based holding company of the Tanti group, and Bahrain-based private equity company Arcapita Bank for over $500 million (Rs 2,162 crore), sources said.
While Jet founder Naresh Goyal said he was willing to infuse Rs 700 crore and also pledge all his shares in the company provided he can have at least 25 per cent stake, the airline's foreign partner Etihad Airways insists he must not keep more than a 22 per cent stake.
The accident compensation formula ignores inflation and the rise in life expectancy.
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