Breaking his silence after nine years, Vijay Mallya said he may return to India if assured a fair trial.
The landmark India-US civil nuclear deal of 2008, brokered during Manmohan Singh's tenure as Prime Minister, is seen as a crowning achievement in his foreign policy legacy. The agreement ended India's nuclear isolation, fostered a strategic partnership with the US, and opened doors to advanced technologies and defense cooperation. This historic deal also laid the groundwork for India's engagement with the global nuclear community.
'...still have lost the 2014 Lok Sabha polls but could have won 140 seats.'
What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.
Pranab's earlier fear of Sonia relying too heavily on a coterie due to her lack of experience turned out to be unfounded. As per Pranab, Sonia had her close advisers but she did not follow anyone's advice blindly. A fascinating excerpt from Sharmistha Mukherjee's Pranab, My Father: A Daughter Remembers.
'There was trust, but perhaps there was also this apprehension that given the supreme post of prime minister, Sonia Gandhi felt her authority may be a challenged.'
Food production in the current fiscal is likely to go down as sowing will be 20 per cent lower due to the weak monsoon, Finance Minister Pranab Mukherjee said on Tuesday. Also, 161 districts have been declared drought-prone, he added.
By asking Finance Minister Pranab Mukherjee to move the resolution authorising the Congress president to select the party's presidential nominee, Sonia Gandhi has strengthened her political position. Sheela Bhatt analyses
'The politics that is now being played in Punjab doesn't contribute towards peace and tranquillity.'
Finance Minister Pranab Mukherjee on Thursday expressed concern over rising food inflation, saying it is perilously near double digits.
Finance Minister Pranab Mukherjee may be right in pushing for FDI in retail because reports have been pouring in, indicating that the economic downturn in India and abroad will worsen in coming weeks. Sheela Bhatt examines the politics behind the government's decision.
On the eve of the winter session of the Parliament, which commenced on Tuesday, Finance Minister Pranab Mukherjee invited Bharatiya Janata Party President Nitin Gadkari for lunch. Mukherjee's overture was clearly to pacify the irate Opposition and ensure the smooth functioning of Parliament. But will the Congress's strategy save the winter session?
Politics over its critical reports on scams echoed in the 150th anniversary celebrations of the Comptroller and Auditor General on Wednesday when Bharatiya Janata Party leader and Public Accounts Committee Chairman Murli Manohar Joshi praised Finance Minister Pranab Mukherjee for defending both the CAG and the PAC when they came under attack.
Dubbing the statements of Union ministers Pranab Mukherjee and P Chidambaram on the controversial 2G note as "comical", Bharatiya Janata Party on Thursday said the issue was not one of settling bruised egoes but of fixing responsibility for loss of "lakhs of crores" of revenue in spectrum allocation.
Finance Minister Pranab Mukherjee presented the Union Budget for 2012-13 on Friday.
How could a President, seen as a political time-server, have manoeuvred things to a stage where he could strike fear into the heart of a prime minister who, only two-and-a-half years before, had been elected with the largest majority in history?
Finance Minister Pranab Mukherjee on Friday asked banks and financial institutions, which have exposure to companies involved in the multi-crore rupee housing finance racket, to ensure that investor money is safe.
Finance Minister Pranab Mukherjee on Friday said it would be unfair on the part of the Left Front government to blame the Centre if it failed to pay salaries to its employees April onwards. Quoting from a local daily, which reported that payment of salary for state government employees would become uncertain from April, Mukherjee said, "If it comes to such a pass, then the state government may say that Finance Minister Pranab Mukherjee is not giving funds," he said.
Do you have a funny or harrowing experience to share about your rendezvous with pesky telemarketers? Simply write in to us at getahead@rediff.co.in with the subject 'You are not alone Pranab da' and we'll publish the best stories right here on rediff.com!
Union Finance Minister Pranab Mukherjee appealed to Anna Hazare to end his hunger strike, which entered the fourth day, and join the informal committee to make an effective Lokpal Bill.
Finance Minister Pranab Mukherjee on Monday said the hike in prices of petroleum products will have some inflationary impact in the short-term but price pressures will moderate from the middle of July.
Scotching speculation about External Affairs Minister Pranab Mukherjee's unscheduled visit to the country, Sri Lanka on Thursday said there was nothing 'secret' about it, which was aimed at further strengthening bilateral relations and to support efforts against terrorism."There seems to be many theories emanating about Indian Foreign Minister Pranab Mukherjee's visit. There is nothing sensational. It was a normal visit," a senior Sri Lankan minister told reporters.
Finance Minister Pranab Mukherjee on Monday said he has noted reports about reservations Swiss banks have in sharing client details with India, but did not say what course of action the government would take.
India and the US may ink the landmark nuclear deal as early as Friday after President George W Bush signs into law the legislation on the initiative. The signing of the HR7081, the approval legislation for the US-India civilian nuclear agreement, into law by Bush on Wednesday will be followed by formal inking of the accord by the two countries, which will be done by Secretary of State Condoleezza Rice and Minister for External Affairs Pranab Mukherjee.
'If they do not have this minimum self-respect, I can only feel sympathy for them. I was quoting President Bush about the Hyde Act, the Leader of the Opposition was quoting the under secretary of the US administration. What can I do?' External Affairs Minister Pranab Mukherjee on the NSG waiver, the Chinese stand and the domestic opposition to the nuclear deal.
Finance Minister Pranab Mukherjee presented the Budget for 2009-10 on July 6. Following is the Budget Speech of Finance Minister Pranab Mukherjee:
Facebook-owned messaging platform said Indian journalists and human right activists were among those globally spied upon by unnamed entities using an Israeli sypware Pegasus.
Budget 2012 announced by honourable finance minister Pranab Mukherjee will have impact on individuals also: salaried individual as well as self-employed. In this write-up we have tried to summarise various amendments which would have impact on them.
Amidst the flurry of political activities in Delhi over selection of the Presidential nominee, Union Finance Minister Pranab Mukherjee, whose name has been reported to be Congress' first choice as candidate, on Thursday telephoned former West Bengal chief minister Buddhadeb Bhattacharjee.
Prime Minister Manmohan Singh hailed the Union Budget 2009-10, which was presented by Finance Minister Pranab Mukherjee on the floor of the Parliament on Monday.
Mukherjee presented the Union Budget in the Parliament on Friday.
India's economy is poised to grow by 7.5 per cent this fiscal and will top 8.5 per cent in the next fiscal on the back of a strong industrial recovery, Finance Minister Pranab Mukherjee on Wednesday.
Informing the Parliament about this, Finance Minister Pranab Mukherjee, however, said the panic button should not be pressed.
The finance minister said this while presenting the Union Budget 2009-2010 at the Lok Sabha on Monday.
Top Congress leaders on Thursday held consultations with party chief Sonia Gandhi on the Telangana issue.
At least a dozen Union ministers, including Prime Minister Manmohan Singh and Finance Minister Pranab Mukherjee, are abroad and some more are slated to be off to attend international conferences in the coming days.
India has had 28 finance ministers since independence.
Under the Budget being presented by Finance Minister Pranab Mukherjee, the Plan expenditure for both the Centre and the states will go up by Rs 61,000 crore (Rs 610 billion) over the Interim Budget.
Pranab Mukherjee, who will be on a five-day visit to US from September 21, will address the 8th Annual India Investment Forum Meeting.
The announcement of the Assembly election schedule in five states between January 30 and March 3 has raised the possibility of rescheduling of the Budget for 2012-13 this year.
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