Their number is dwindling, but single-screens believe they have a place in the entertainment space
Nath's resignation brought an end to the 18-day-long political drama which also played out in Haryana, Bengaluru and the national capital.
Assuming office for the sixth time as chief minister, Jayalalithaa began a new chapter in her chequered political career.
Mann stares at a twin-headed monster: Resuscitating the state's debilitated public-sector enterprises and controlling the spiralling debt to keep the state machinery and his poll-fuelled populist schemes running.
Rediff.com's A Ganesh Nadar journeys through villages and towns, districts and cities for a reality check.
The party's research department team, which Rajya Sabha member M V Rajeev Gowda heads, has sifted through the suggestions received in the last five months, and the manifesto is slated to be released later this month, reports Archis Mohan.
The stock market, the Survey felt, had run away from underlying real economy indicators and asked if this indicated rational confidence or irrational exuberance.
The finance minister has labelled about 65 per cent of the fuel excise revenue as cess, including the restructured road and infrastructure cess
Despite the growing clamour from the central government on India turning digital, and banks requesting direct bank account transfer, the state government decided to hand over cheques to the farmers, which can be immediately converted into cash.
Congress leader Rahul Gandhi on Saturday launched a blistering attack on Narendra Modi, slamming him for his roots in the Rashtriya Syawamsevak Sangh "whose ideology killed Mahatma Gandhi" and debunking his claims of development in Gujarat.
Kapoor, 62, and the Wadhawans were arrested by the agency in this case early this year and they are in judicial custody at present.
Incentives like concessional loans and direct farm credit waivers for farmers would boost the sector's growth, it said.
The Congress chief said if his party is elected to power, its government would spend 6 per cent of the GDP on education.
Government think tank Niti Aayog has suggested 100 per cent income tax exemption for donations and provision of working capital loans with lower interest rates for not-for-profit hospitals to strengthen healthcare services in India. In a report titled 'Not-for-Profit Hospital Model in India', the Aayog also pitched for involving high performing hospitals in public private partnership (PPP) models for managing primary health care (PHCs), operations of government facilities and PSU hospitals. "Income-tax exemption could be increased from the current 50 per cent exemption to 100 per cent exemption for philanthropy toward the identified not-for-profit hospitals.
Shahs also said that his party will strive to rid the state of its 'Bimaru' tag as development is the way forward in Indian politics now.
'Initially, most people willingly stood for hours in queues to withdraw cash because they believed that after 50 days, black money would come out, some big men would be punished and perhaps jailed. Again, nothing happened.' 'Now the talk is that small people have been punished while the rich and the powerful have got away.' 'The RSS is not going out of its way to counter the view. Let the BJP explain.'
Scindia alleged that the Congress had betrayed the people of the state with false promises to come to power.
The Congress said arrogance of the BJP has touched its zenith as it turned 'blind' to farm distress.
Valuations are much higher than the consensus earnings expectations warrant and also much too high in historical terms, says Devangshu Datta.
It's been over two months since the flood waters receded, and it would seem with it so has anger against either the state government or the BJP-Sena candidates, reports Archis Mohan.
'Nothing will stop India's top three-four corporates who have become aggressive players in the agri-markets after Modi came to power from acting in concert to drive down at will the prices at which they buy from farmers.' 'These corporate houses have the wherewithal to purchase all the farm produce at low prices and store them for a long period of time.' 'Once the harvest season is over they will sell the same produce at higher prices.'
Gandhi accused BJP of re-inaugurating projects launched by the UPA dispensation.
Amid uncertainties arising out of the second wave of COVID-19, the Reserve Bank on Thursday said that a durable revival of private consumption and investment would be critical for sustaining economic growth post-pandemic. Observing that 2020-21 has left a scar on the economy, RBI in its annual report said, "in the midst of the second wave as 2021-22 commences, pervasive despair is being lifted by cautious optimism built up by vaccination drives." The second wave of the pandemic has prompted revision of growth projections for the current fiscal and the consensus appears to be gravitating towards RBI's forecast of 10.5 per cent, the report added.
The results, while bringing the Congress back to power in this state, also end the rule of the 66-year-old BJP stalwart, who has earned several monikers during his 15-year-long tenure -- Doctor saheb being a trained Ayurvedic medical practitioner, chaur wale baba for his popular rice scheme and the 'Mobile Wale Baba' for giving free smartphones to 50 lakh women and students.
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.
Sanjay Mookim, India equity strategist at Bank of America Merrill Lynch, tells Puneet Wadhwa that this is not a time for investors to dabble in relatively small and illiquid stocks.
"I'm an emotional person, but it is not my helplessness. Did I shed tears at a government programme? As chief minister I have worked towards implementing programmes strongly," he said.
A falling rupee and lower foreign buying in equities are signals investors should watch out for, says Devangshu Datta
Can compassion, common courtesy or an 'emotional connect' win seats in the harsh realpolitik of UP, a state riddled with divisions of caste and religion, and confronted with a seemingly impregnable BSP-SP alliance? asks Sunil Sethi.
Shortly after the Union Budget was announced, political leaders from across the spectrum reacted to it. Here's what some of our leaders said.
Sharad Joshi, president of the newly formed Swatantra Bharat Paksha, tells Business Standard that all the Indian farmer wants is a free access to the market.
Advice to the new finance minister from former RBI governor Raghuram Rajan: 1. Clean up banks by reviving projects that can be revived after restructuring debt. 2. Improve governance and management at public sector banks. 3. De-risk banking by encouraging risk transfers to non-banks and the market. 4. Reduce the number and weight of government mandates for public sector banks, and for banks more generally.
Those who are on the old lending rate regimes and have not moved to MCLR, will be benefited from this reduction.
While rising food inflation is a matter of grave concern for a significant chunk of the population and for policy makers as well, it marks a turnaround in the fortunes of the farmer, reports Sanjeeb Mukherjee.
Several Congress leaders interpreted it as a dig at Prime Minister Modi who is yet to address a single press conference in his 54-month tenure.
'We believe there will be a full shutdown for four weeks and a partial shutdown for eight weeks.' 'Hence, economic activity is unlikely to normalise before the end of May.'
The finance ministry on Wednesday reimposed expenditure curbs on ministries and government departments for July-September quarter. There will be no spending restrictions on the ministries of health, rural development, agriculture, MSME (micro, small and medium enterprises) and railways as part of a two-pronged strategy. "The existing guidelines for expenditure control have been reviewed. "Keeping in view the evolving situation arising out of Covid-19 and anticipated cash position of the government, it is felt essential to regulate Quarterly Expenditure Plan (QEP)/Monthly Expenditure Plan (MEP) of specific ministries/departments for July-September, 2021," the Department of Economic Affairs in the finance ministry said in a notification.
The monetary authority said it was worried on three fronts with regard to inflation as well as the economy.
The best option to reduce farm distress in the state is that when the rains fail, the state -- the central and the state government -- provide a financial cushion for the farmer
