There appears to be a growing perception among the political class that faster growth will not create jobs fast enough and, therefore, welfare spending needs to be drastically increased, says T T Ram Mohan.
The Budget has unveiled measures that should now pave the way for India to progress from Make in India to 'Innovate in India'.
An Australian couple abandoned a baby boy born via surrogacy in India despite being repeatedly warned that the child could be left stateless.
How will the government's decision to demonetise Rs 500 and Rs 1,000 notes help curb the creation and flow of black money into the Indian economy?
The SIT on black money has widened its probe.
Prime Minister Manmohan Singh will make himself available to the Central Bureau of Investigation in the coal-gate investigation if a formal request is made, Union minister Kamal Nath said on Sunday.
The Board rued that its efforts to resolve the concerns of the founders - who together own about 12.75 per cent stake in Infosys - over the course of a year through a dialogue have not been successful.
The DDCA decided to file a defamation case against Delhi CM Kejriwal and suspended BJP MP Kirti Azad for making "wild and baseless" allegations of corruption against the body.
'The entire government-owned banking system (excluding SBI) is now in the red.' 'But worse is to come,' warns T N Ninan.
Leading sponsors of football's world governing body have demanded independent oversight of FIFA's reform process in an open letter published on Tuesday ahead of a key meeting to finalise proposed reforms at the scandal-plagued organisation.
Diageo gets assurance, Heineken may seek one, too.
ICDS is silent on the prudence aspect of accounting standards.
Setting a new bench mark in transparency in politics, the Central Information Commission has held that political parties are answerable under the Right to Information Act.
The department gets data of high-value transactions under the Annual Information Return.
Qatar Airways might infuse $200 million in debt and equity in SpiceJet.
In a disclosure to the markets, United Spirits has said it is awaiting information from UB Holdings for determining the treatment in the company's accounts of the loan together with applicable interest accrued until March 31, 2014.
The economy could return to 8% growth by the end of 2017-2018, says Arvind Panagariya, vice-chairman NITI Aayog.
'Given the past record, no one will be prosecuted, especially since the beneficiaries comprise the most powerful people in the country. They will pay a fine and be let off.'
Investors also appreciate the role being played by the founders; analysts, too, remain unperturbed.
Poor performance of the banking, oil and exploration industries have impacted corporate tax collections.
The Act envisages that the states and Centre will formulate specific rules for real estate regulation.
Amendments will be tabled in Parliament for approval by Monday or Tuesday.
Loans to wilful defaults are said to be a little over Rs 1 lakh crore.
How the Aadhar card would be linked to income tax return is yet not clear
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Banking as we know it will stand on its head in the next 10 years.
Mallya is a fugitive from justice in India, Attorney General Mukul Rohatgi told the Supreme Court.
After Finance Minister Arun Jaitley moved the amended Finance Bill for consideration by the Lok Sabha, Deepender Hooda (Congress) said this was a "historic" occasion as never in the past had the Rajya Sabha amended the Finance Bill.
In the atmosphere created by the reaction to the PNB fraud and RBI's resolution framework, "don't lend, don't resolve" is bound to become the bankers' new mantra, says T T Ram Mohan.
'Pakistan may have moved back from this devilish plot in 2007, but there is no guarantee it won't be on the drawing boards again,' warns Rajeev Sharma.
Aam Aadmi Party convener Arvind Kejriwal on Monday urged the Chief Election Commissioner V S Sampath to issue clear guidelines to organisations conducting opinion polls as well as the media for ensuring their authenticity so that those indulging in "frivolous activities" do not get away easily.
'One wishes that today's 'take no prisoners' brand of politics would give way to an understanding of the national interest that is shared by both government and Opposition.'
Not just candidates, but their spouses and dependents too have to reveal source of income and assets, observes the apex court.
'I find the RBI edict to the Kotak Mahindra Bank to reduce Uday Kotak's shareholding very unreasonable,' says Sudhir Bisht.
Market regulator also announces measures for mutual funds sector.
Highlighting the divisions, the former French diplomat pointed out that the top European clubs spend millions on players while Papua New Guinea's football federation struggles to pay air fares for its team.
Ganguly is one of the 11 members of the world cricket committee, chaired by Mike Brearley of MCC, which announced the new Laws of Cricket, to be incorporated in the ICC Playing Conditions.
Available evidence suggests that we are on the way to a very costly failure of the current demonetisation scheme, says M R Narayana.
The RBI should provide readily accessible summary information on its website about all corporate debt defaulters and the amounts involved.
Troubles for the beleaguered Chief Minister of Rajasthan Vasundhara Raje mounted on Friday with the disclosure that she was the beneficiary of investments of over Rs 11 crore made by tainted IPL ex-commissioner Lalit Modi in her son's company at a high premium.
Control over PSU banks is what is allowing the government to drive this scheme.
