'We have the more difficult reforms to do such as the reduction of subsidy, the insurance and pension sector reform, eliminating bureaucratic red tape and implementing Goods and Services Tax'
Kotak Mahindra Bank and Vedanta were the top Nifty gainers.
'Our intentions are clear. If I keep all the acquired land under the ownership of the government, why do you raise questions about my intentions?' 'One achievement of my ministry would be the gas pricing policy. Two, we made a delivery mechanism (for domestic LPG) which is the largest in the world. We are crediting money to the poor directly. It is the biggest structure of direct subsidy transfer.' 'It is very easy to work with Modi. He gives everyone a chance in decision-making. I have become a minister for the very first time, but if we want to raise any issues in the Cabinet, we have full freedom to do so.' The second and final part of Union Oil Minister Dharmendra Pradhan's exclusive interview with Sheela Bhatt/Rediff.com.
'People do not want a 'maha milavat' (highly adulterated) government of those who assembled in Kolkata.'
While inaugurating the projects, Modi said highways construction has reached 27-km a day from mere 12-km a day during the Congress regime.
'...because the party is based on the Constitution.'
Oil Minister M Veerappa Moily has suggested pricking the ballooning oil bill with everything from a street theatre campaign encouraging lower fuel use, to shutting fuel stations, to increasing imports from Iran.
He may not have been declared Bharatiya Janata Party's prime ministerial candidate just yet but Gujarat Chief Minister Narendra Modi on Wednesday seemed to have already donned the mantle when he said the nation would be comparing his speech with that of Prime Minister on Independence Day on Thursday.
The Congress president alleged that the Bharatiya Janata Party deceived people and siphoned off hard-earned money of farmers, poor, small businessmen to fill the pockets of the country's 15-20 big industrialists.
The government shouldn't hide behind the veil of making a domestic giant out of the HPC-ONGC deal, rather it should just say it needs cash from this divestment exercise, says Sudhir Bisht.
West Bengal Chief Minister Mamata Banerjee on Monday termed the hike in rail fares as "unprecedented and anti-people" and demanded its roll back in the interest of common people.
Finance Minister Arun Jaitley said the inflation index would determine the nominal growth figure, and it is better to set modest targets and outperform them.
Overall, the Survey warned that unless shifts in the vision of development were articulated and embraced, the Indian economy would lose the chance to move to a high-growth trajectory.
Benchmark share indices ended at record closing highs, amid a volatile trading session on Monday, with IT majors leading the gains.
Slamming the critics who 'started questioning his work' even when he had not seen his office properly, Modi said his government's programmes are mostly for the benefit of farmers and poor people, besides ending the role of middlemen, including in jobs.
