A Parliamentary Standing Committee praised the government for the wrestling and boxing facilities at the Sports Authority of India's Sonepat Center but pointed out that "excellence needs to be replicated for other sports disciplines".
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.
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
'She has to get the funds, cut through bureaucratic flab, speed up modernisation, ensure planned acquisitions stick to timelines, make organisational changes and ensure the military is capable of performing the task that it is given,' says Brigadier S K Chatterjee (retd).
In 28 months, Manohar Parrikar as defence minister developed easy relationships with the top brass of the three Services as was rarely ever witnessed before. He threw caution to the winds and managed to pull the forces out of a downward spiral in operational capabilities.
It is time to take a few macroeconomic risks to kick start the growth.
Non-resident individuals (NRIs) have also been allowed to apply for the niche banking licence, provided they plan to return to India.
'This has to be seen in the context not only of the legacy we inherited, but also of global economic weakness.'
'If after inheriting the very bad situation we have reached this level despite consecutive years of drought and no growth in the world economy, it is no accident.' 'It is a result of the sound macro economic policies followed by this government.' 'We have eschewed populism and stuck to a path of fiscal prudence.'
Indian economy about to take-off
The situation in Greece worsened with banks closed for a 2nd week.
Sandeep Shanbhag offers tips on post Budget taxation rates.
Budget might turn out to be neutral for the sector.
'The Congress is unsure of emerging as the single largest party or group on May 16. In such a scenario, they do not wish to accord a loser tag to the young Gandhi... The Congress feels Rahul's projection as a prime ministerial nominee in 2014 would come in the way of the formation of an alternative, non-BJP government...' Rediff.com's Sheela Bhatt explains how the transition of power within the Congress is making the party vulnerable.
Despite criticism of a lack of transparency and communication from the Modi-led government, BJP leaders point to "good beginnings" on several fronts to defend its performance. Sheela Bhatt/Rediff.com reports.
Ten trade unions with a combined membership of 15 crore workers in public and private sector, including banks and insurance companies, are on a nationwide strike to protest against changes in the labour laws.
The official twists and turns have raised questions on the government's credibility and its ability to pull the nation out of the demonetisation quagmire. To keep up with the new rules, the government has issued an updated FAQ on demonetisation.
Few readers will remember the socialist utopia of Indira Gandhi when food queues were the norm even for the middle class and tankers supplied water at odd hours of the night twice a week. Is that what you are trying to return us to, dear Congress, asks Jaideep Prabhu
The public-private partnership model is a compulsion, says the minister.
Income from renting of properties is taxed at a flat rate of 10%.
The government has taken a number of steps to address the situation faced by farmers.
Prime Minister Narendra Modi, who recently completed one year in office, has, in an exclusive interview with Smita Prakash, editor, ANI, said the opposition alleging that his government is a "suit boot ki sarkar" is definitely better and more acceptable than being labelled a "suitcase" (ki sarkar), and satirically added, that after ruling for sixty years, the Congress has suddenly remembered the poor.
The full transcript of the exclusive interview with Prime Minister Narendra Modi.
President Pranab Mukherjee on Monday addressed the first joint sitting of Parliament as mandatorily required under the Constitution after the general elections. The address is the political, economic and foreign policy road map of the Narendra Modi government and covers virtually all crucial areas.
Read the full transcript of President Obama's State of the Union address on Wednesday at the US Capitol in Washington.
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