With certain quarters demanding privatisation of public sector banks in the aftermath of the alleged fraud at Punjab National Bank (PNB), Economic Advisory Council to the Prime Minister chairman Bibek Debroy tells Sanjeeb Mukherjee, Ishan Bakshi and Indivjal Dhasmana that reducing government equity even to zero would not mean giving up of government control over these banks.
Unlike Ratan Tata's philosophy, Mistry cared about short-term gains. This is a Diwali gift for many
Noting that oil prices had gone down after the BJP-led government came to power in May 2014, before they went up, Prasad said it is a problem whose solution is not in its hands.
'This is a long haul, god knows where it will end.' 'So it is best to conserve all the funds right now for fighting the COVID-19 pandemic.'
Prime Minister Narendra Modi, who recently completed one year in office, has, in an exclusive interview with Smita Prakash, editor, ANI, said the opposition alleging that his government is a "suit boot ki sarkar" is definitely better and more acceptable than being labelled a "suitcase" (ki sarkar), and satirically added, that after ruling for sixty years, the Congress has suddenly remembered the poor.
Congress leader Kantilal Bhuria, who wrested the Ratlam Lok Sabha seat in Madhya Pradesh from the BJP recently, speaks to Prasanna D Zore.
The Budget provides a reassuring message about Prime Minister Narendra Modi staying the course.
Modi said the country needs to increase domestic output of energy.
He said by paying a penalty, those having undisclosed money can free themselves from various kinds of burden.
The Met department forecast heavy to very heavy showers in north coastal Tamil Nadu till Saturday.
Petroleum and Natural Gas Minister Dharmendra Pradhan speaks to Sheela Bhatt/Rediff.com.
Here's the full text of President Ram Nath Kovind's address on the eve of 70th Republic Day of India.
Cabinet secretary calls meeting to review the impact of inflation on essential commodities.
There is no foodgrain shortage in the country as our total storage capacity is more than 81 million tonnes, while the public distribution system requirement is 61 million tonnes, says Ram Vilas Paswan.
Since 2000, India has had three serious droughts.
As the Aam Aadmi Party goes through an internal power struggle, senior leader H S Phoolka dismisses the goings-on as normal birth pangs of a political party. Upasna Pandey reports for Rediff.com
Nationalism, Hindutva, and war on corruption, not growth, will define Modi's politics until 2019.
And no, the commercial sporting leagues didn't cause the drought, says Shekhar Gupta.
'Modi has kept some loopholes in case they lose, saying it was not his election.' 'The fight will be Modi of 2014 vs Modi of 2019.' 'The BJP has realised that keeping the temple issue alive is more important than building the temple itself in terms of votes.'
Demonetisation hit informal sector hard and caused job losses which was not addressed by the budget, Moily said.
Increase in taxes on luxury cars will not have any effect on the demand
BJP's total silence on Delhi statehood is intriguing.
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The year 2014 was one of the most challenging years for India. For two consecutive years our GDP growth was sub 5 per cent. Employment generation had declined, the revenue buoyancy was low and the country had become investment starved.
Some of the World Bank's suggestions to hold back the predicted tide of fresh poverty appear to run counter to the economic policies of Narendra Modi's government
The killer heat wave brought the nationwide toll to 2,338 even as some places like Delhi got respite on Monday.
Heading to Kanyakumari? You won't regret a visit to the Thirparappu waterfalls.
'My election slogan will be 'kaam bolta hai.' 'Those who have lined up outside the banks will also line up on voting day and vote against the BJP.'
Banks to be permitted to raise long-term funds for lending to infrastructure sector with minimum regulatory pre-emption such as CRR, SLR and Priority Sector Lending.
GM is already in our food chain for years. The approval for indigenous GM mustard should put fake fear-mongering to rest, says Shekhar Gupta
Budget speeches have been replete with incomprehensible and even hilarious statements, says Rathin Roy.
Party chief spokesperson Randeep Surjewala said it will introspect on the reasons for the loss in Uttar Pradesh and Uttarakhand and will re-dedicate itself to strengthening the party and being the watchdog of people.
The battle for Maihar in the upcoming bypolls is crucial for the Congress as well as the BJP.
In a marathon address to the nation from the ramparts of the Red Fort, Prime Minister Narendra Modi on Saturday underlined India's unity and diversity and the progress of his 15-month-old government's policies.
Finance Minister Arun Jaitley said that it is imperative to maintain high growth rates.
'Who would want to be the man nominally in charge of driving the economy when your boss orders you to swerve it into a ditch of unknown depth?'
'Demonetisation demonstrates that this government is simply too amateurish in terms of economic policy-making to properly address India's deep, deep problems,' argues Mihir S Sharma.
Following is the Facebook post of Finance Minister Arun Jaitley on one-year of the BJP-led NDA government.
The Budget has unveiled measures that should now pave the way for India to progress from Make in India to 'Innovate in India'.
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
'What we see here is puppetry. The string is with the BJP.' 'All the puppets here are dancing to the direction the BJP pulls the strings.'
