Weather forecasts have notoriously large error margins.
Equity-linked savings scheme, PPF and Sukanya Samriddhi Yojana are recommended instruments.
The loss in Bihar has forced a change in NDA's market positioning, says Shekhar Gupta.
Chief Economic Advisor Arvind Subramanian's interview.
Finance minister attempts a clean-up job, keeps projected expenditure growth low.
Finance Minister Arun Jaitley presented the Union Budget.
Politically, it will not be easy for Modi to take hard decisions such as raising fuel prices in the first budget, given the risk of higher inflation.
Companies are sending representatives to Bihar, UP, Jharkhand and Odisha to persuade workers to join them.
Prime Minister Narendra Modi's idea of cooperative federalism is expected to be on display in the 2015-16 Budget.
'It is less polarising than Hindutva.'
The threshold limit for deduction of tax at source has been raised for unusual income such as winnings from horse race, commission
Seven months down the line, not much progress has been made, except that the scheme is still being fine-tuned.
'This crisis is going to be much bigger than anything we've experienced and anything we do will not be enough but my aim is to help, it might not be enough in some cases but I have to try'
'The entire value of LIC is created by its shareholders because after the initial invest net of Rs 5 crores in 1956, the government has not given any additional capital to the LIC.' 'If the corporation has expanded and emerged as the biggest financial institution in the country, it is only because of the policyholders.'
Universal basic income or social security? Economist Nitin Desai feels we need a blueprint for universal health care and pensions to help the vulnerable section.
India is experiencing jobless growth and skepticism abounding that the country may not be able to cash in on its demographic bonus
The idea of retirement planning with a pension plan assures regular income to the policyholder in the form of pension or annuity.
For women's hockey in the country, this result may well turn out to be a watershed moment.
Boosted by handsome royalty from oil facilities at Barmer, the Rajasthan government has spent nearly Rs 30,000 crore on various social welfare schemes in the last four-and-a-half years. Chief Minister Ashok Gehlot tells Business Standard's Mayank Mishra that the state's better performance on various socio-economic indices is a result of that. The excerpts:
News of all that's transpired on and off the football field.
While most experts suggest the government loosen its purse strings and not worry about the fiscal deficit in a pandemic impacted year, it will be a tightrope walk for the government to increase spending without going overboard.
'Whatever Modi had promised us on OROP has not been delivered. He lied to us'
In a video issued by the Health Ministry, Dr Randeep Guleria, Director of the All India Institute of Medical Sciences (AIIMS) answered commonly asked questions regarding the dosage of the vaccine saying that two doses of the vaccine will have to be taken 28 days apart and protective levels of antibodies generally would develop two weeks after the second dose.
'There is too much news about film stars. There is too much fawning over wealth and power. There is a grey area between seriousness and triviality in news reporting now.' 'Mumbai is still a magnet. All the politicians have property in Mumbai. Politicians are the biggest racketeers here.' Olga Tellis, the legendary reporter who completed 50 years in journalism, tells A Ganesh Nadar/Rediff.com about her life and experiences.
The centre pays only an insulting Rs 200 per pensioner each month at a tight-fisted 0.04 per cent of GDP, among the lowest in the world. Instead, as illustrated by Jean Drze, one option is for NYAY to provide individual rather than household entitlements to all pensioners of at least Rs 1200 per month.
Rahul Gandhi slammed the Modi government, accusing it of being against farmers, labourers, students and the poor.
The IIM-B's 'Karnataka innovation report' has become the basis for the Congress party's election narrative, particularly to distinguish it from the 'Gujarat model of development', reports Archis Mohan.
'Modi as the PM of the country has to take everybody on board and deliver on good governance. That is his responsibility. In that talking alone won't help, he's working.' Commerce Minister Dr Nirmala Sitharaman tells Sheela Bhatt/Rediff.com how the Modi government plans to change India.
'The alliance led by the DMK is starting with 15% votes while the AIADMK is starting from scratch.' 'Minority votes may be crucial'
'What aspect of the air strikes would make it possible for a voter to change her mind?' asks Aakar Patel.
'India is the only country whose economy is strong and growing fast.'
'The chowkidar took away your money by demonetisation and GST. The keys to the banks were handed over to thieves like Anil Ambani'
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
Now that the National Pension Scheme offers more choices than the Employees Provident Fund, is more transparent and also allows to choose the level of allocation to equities as investors like, should one switch to the NPS?
Fiscal discipline has been maintained but toxic assets worth Rs 7 crore are a massive headache
Lunch with BS: Sukhbir Singh Badal, deputy chief minister, Punjab
India's top pistol shooter Heena Sidhu is hoping funds sanctioned to her by the government as part of its TOP scheme for her Olympic preparations are released on time. "Going into the Olympics, I hope that the funds meant for my preparation will be released on time so that my training doesn't suffer. There are lot of paperwork, it's a long process normally. OGQ has been doing a lot too," Sidhu said on the sidelines of an event in New Delhi on Thursday. The current world record holder and former world No. 1 secured an Olympic quota for the country in January after she led from start to claim gold medal in women's 10-m air pistol at the last Asia Olympic Qualifiers for Shooting. Asked about her preparation, she said," I am just following the process. This is not the time to make changes in your game. There will be a test event in Rio in April, and I will get an understanding after that if I need to make any minor adjustments or not. The climate in India and Brazil are similar."
'What is this new PF rule? Complete nonsense!' 'I want my PF money right now and not when I am 58 years old.'
Timely onset of south-west monsoon is crucial for kharif (summer) crops.
There were heightened expectations from Budget 2017 after the impact of note ban on different sections but most remain unfulfilled.
