PSU divestment, LIC IPO, fiscal deficit: Budget 2021 marks a clear change in the Modi government's stance from fiscal conservatism to growth orientation.
However, the growth during the next financial year would be higher at 8.1 per cent in case of a second wave of the coronavirus and bit slower at 7.9 per cent if the virus recedes and remains under control.
India needs to spread irrigation and do so against a backdrop of rising water scarcity and depleting groundwater resources
Vice Chairman Harivansh regretted that 78 hours of business were lost due to disruptions and that the House functioned for only 27 hours.
India has flattened its Covid-19 graph and 146 districts have reported no new case of the viral disease in the last seven days, 18 in 14 days, six in 21 days and 21 districts in the last 28 days, Union Health Minister Harsh Vardhan said on Thursday.
BC Tripathi, who helms India's largest natural gas marketer and transporter -- GAIL, discusses last-mile connectivity to homes with Jyoti Mukul and Shine Jacob.
23 trains have been partially cancelled and five short terminated till September 26 as protesters blocked rail tracks at various places, including Amritsar, Ferozepur, Sangrur, Barnala, Mansa and Nabha.
Dollar debt and higher import cost might impact earnings by up to 30%.
There are several welcome standalone reforms, but these do not add up to a coherent strategy to achieve a $5 trillion economy or secure Aatmanirbharta, observes Rathin Roy.
The government's subsidy bill on food, fertiliser and petroleum, among others, will fall by about Rs 18,000 crore (Rs 180 billion) at Rs 1,11,275 crore (Rs 1112.75 billion) this fiscal, mainly due to sharp reduction in the urea dole outs.
Imports too tumbled by 58.65 per cent to $17.12 billion in April from $41.4 billion in the same month last year, according to the data by the commerce and industry ministry.
In its manifesto for the 2014 Lok Sabha elections, the Bharatiya Janata Party (BJP) had criticised the Congress-led UPA regime for "policy and decision paralysis".
Free provision of food, cash transfers, and jobs in villages see enhanced flow of funds despite a precipitous fall in revenue. Till May, defence spend was nearly 30 per cent less than the previous year.
Gates, who is also co-chair in the Bill & Melinda Gates Foundation, further said since the issue of climate change is "complicated", different interventions are required to be taken including developing new variety of seeds and their distribution to farmers.
Growth was primarily pushed by a jump in steel and electricity generation, apart from a sustained rise in natural gas output.
BKS and BMS leaders have told the BJP leadership that it is staring at a build-up of anti-government propaganda in the run-up to polls in five states.
India invited fresh bids on Tuesday for a stake of 51 per cent in state-run Fertilisers and Chemicals Travancore Ltd.
The Survey lists some of the challenges that might impede India's progress.
The Supreme Court on Thursday sought response from the Centre on the issue of citizenship of child born in the country out of surrogacy in which biological parents are foreign nationals but birth mother is Indian.
'It has caused our cook no little mirth that the sahib next door -- who heads a factory with several hundred, or thousand, workers -- can be spotted doing jharoo-pocha,' observes Kishore Singh.
'This confrontation could have been avoided by a less arrogant administration that initially listened, used whatever negotiating skills they had and tried to be more credible,' observes Ramesh Menon.
Anil Ambani met Cabinet Secretary K M Chandrasekhar, Expenditure Secretary Sanjiv Misra and Fertiliser Secretary J Sreedhara Sarma to drum support against RIL's proposed pricing formula for natural gas from KG-D6 block off the east coast.
A third of FMCG sales and half of motorcycle sales come from the hinterlands
Without directly referring to the farmers' agitation, which entered the 17th day on Saturday, Modi said agriculture reforms as part of government efforts are aimed at removing roadblocks, and the new laws will also bring in technology and investment in the sector.
As per reports, the ATO raised the tax bill after Pankaj Oswal transferred his shares in Burrup Fertiliser, a company started by him, to his wife in 2007.
Their success stories will inspire you too.
Although assembly election are 16 months away, it makes sense to let his party know he's very much in the running for the job he's currently holding.
Coal and steel were only two sectors that saw some growth.
Oil sank to the lowest level in a month after shedding all of its gains from the US-Iran clash as traders waited to see whether any further hostilities will disrupt exports from the East Asia.
India's plan to double gas prices from April threatens to hit government efforts to cut its fiscal deficit.
In the last one week several companies have had to face the hurdle of making a distinction between what's essential and what's not. To help them the government has now clarified that grocery would include hygiene products such as hand wash, soaps, disinfectants, body wash, shampoo, surface cleaners, detergents, tissue paper, toothpaste, oral care, sanitary pads, diapers, chargers and battery cells, etc.
The list mostly contains PSUs which were up for sale in the last fiscal.
With crude oil prices nearing $100 a barrel, Prime Minister Manmohan Singh on Thursday expressed concern over mounting subsidies in petroleum as also food and fertiliser sectors, with discounts exceeding Rs 1,00,000 crore (Rs 1,000 billion) this year. The prime minister asked his Cabinet colleagues and the Planning Commission to "reflect what these mean for our development options and what development options these subsidies are shutting out".
Among the panels announced on Thursday is the Appointments Committee of Cabinet (ACC) to be headed by the prime minister with Shah as the other member.
ONGC and RIL bill their consumers like fertiliser plants and power stations in US dollar.
Mayawati said the "chaiwala" prime minister has now turned "chowkidar" and this shows the "change" India witnessed under this government.
The OilMin is likely to announce the price for next six months soon.
Last week, RIL and urea companies failed to settle the key terms of gas supply from April 1 upon expiry of the five-year contracts that priced gas from the eastern offshore KG-D6 fields at $4.205 per million British thermal units.
