Former finance minister P Chidambaram on Friday rejected Finance Minister Arun Jaitley's contention in Lok Sabha that UPA government left behind double digit inflation.
'Sebi had no problem with derivatives until trading exploded after Covid.' 'But now, having built a dangerous road, from which different entities, mainly governments, are extracting a heavy toll, Sebi is concerned that people are driving on it in much greater numbers,' explains Debashis Basu.
Addressing the members of the House, Singh said agriculture is a state subject but the Centre ignored it. "I find it very strange what the government of India wants to do," he said.
Decrying the hike in diesel prices as "unjustified" action, Tamil Nadu Chief Minister J Jayalalithaa on Tuesday demanded its roll back and withdrawal of powers granted to oil companies to regulate fuel prices.
Sixty-eight people have died due to varied reasons while protesting against the Centre's farm laws at the state borders with Delhi, Haryana Home Minister Anil Vij told the Assembly in Chandigarh on Monday.
Amid the ongoing protest against the new farm laws, Bharatiya Kisan Union (BKU) leader Rakesh Tikait on Sunday asked the farmers to keep their tractors ready stating that they may have to reach the national capital anytime.
Lockdown in Amravati city in Maharashtra was extended for a week on Saturday in view of the coronavirus situation, while restrictions were also imposed for the weekend in Nagpur, Buldhana and Yavatmal.
The petrol pump dealers, led by Federation of All Maharashtra Petrol Dealers, maintained that they would keep the 'dry' outlets open since its members are 'unable to purchase fuel for want of money.'
Union home secretary Ajay Bhalla issued an order excluding the non-essential items from sale by the e-commerce companies from the consolidated revised guidelines, which listed the exemption given to the services and people from the purview of the lockdown.
Twenty one states which have switched over to Value-Added Tax on Tuesday agreed to adopt uniform rates for industrial input, capital goods and essential commodities like medicines, salt, bread and PDS items.
Finance Minister P Chidambaram faced a near empty house as the entire opposition led by BJP staged a walkout which was followed by Left allies, SP and coalition partner RJD.
Finance Minister P Chidambaram on Tuesday said inflation would be kept below five per cent and government would ensure that there was no shortage of essential commodities like sugar and pulses to check price spiral.
The prime minister must get a consensus from his allies to set up a transparent process to channelise the billions of dollars into bettering India's infrastructure.
Transportation of essential commodities like milk, gas cylinders and medicine within the state has been exempted from the strike.
The All India Motor Transport Congress, which is heading the ongoing truckers' strike, has threatened to intensify their stir.
Under attack from allies over spiralling prices, Prime Minister Manmohan Singh said on Friday his government will further bring down the inflation to five per cent in the next couple of months.
Promising to keep prices down ahead of the festival season, the government on Friday said it would ensure adequate supply of essential commodities and take more fiscal and monetary steps to contain inflation
Amid spiralling prices of essential commodities in the country, the government is planning to revamp the method for measuring inflation with the help of World Bank's technical assistance.
Union Home Minister Amit Shah on Thursday had a meeting with Delhi Police Commissioner S N Shrivastava, ahead of the 'chakka jam' announced by farmer unions protesting against the three agri laws at Delhi's borders, sources said.
Congress leader Priyanka Gandhi Vadra on Thursday said that the family members of Navreet Singh, who died in an accident during the farmers' tractor rally in the national capital on Republic Day want a judicial inquiry into farmer's death.
The surge in inflation is a major cause of concern even for giants like the United States and China and rich nations like Britain and Singapore.
Agriculture Minister Radha Mohan Singh said whenever BJP came to power, prices of essential commodities saw a fall.
With the prices touching a two-year high, CEOs of leading companies expect a cut in corporate tax and measures to boost the capital markets in the Budget 2007-08 to be presented on February 28.
Curfew was relaxed for two hours, to allow people to buy essential commodities.
A farmer union leader alleged that the National Investigation Agency is filing cases against those who are part of the protest or supporting it.
The Bharatiya Janata Party MLAs staged a walkout ahead of the voice vote.
With inflation closing in on the 5 per cent mark, Finance Minister P Chidambaram on Friday said the government was trying to keep the price line below that level in the current fiscal.
No untoward incident was reported on Monday during a 90-minute relaxation in curfew in Viramgam town of Ahmedabad district, where three persons were killed and 40 injured in communal clashes on Sunday.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
Though essential commodities such as milk, vegetables and grains have been exempted from the strike, its prices are spiralling and are set to increase.
'The government has adopted the policy of talking big in front of the media but in reality, nothing much has changed'
"It is certainly affected. As you know the border is closed. The customers are coming in lesser number than before and so is the supply of goods into the market. There is a lack of supply and also a lack of buyers," vegetable wholesaler, Sumer Singh Saini told ANI when asked whether the business in the market is affected due to the agitation.
What dos and don'ts should people in Maharashtra follow with the state government notifying The Epidemic Diseases Act, 1897 lockdown orders?
He also said that most of the farmers were "satisfied" with the steps taken by the central government, and added that their interests were "safe and secure" in its hands.
