After Sonia Gandhi's re-election as the party president today, the Congress is likely to take a decision on Kadapa MP Y S Jagan Mohan Reddy's suspension on disciplinary grounds.
Peeved at Pakistan's contention that the dossier on the Mumbai attacks was not evidence, India on Wednesday said it reflects Islamabad's continuing pattern of evasiveness and reinforces doubts about that country's willingness to cooperate in tackling terrorism.
Putting aside its winter fiasco, Parliament is all set for a smooth budget session from Monday with government telling the Opposition that an announcement on the constitution of a Joint Parliamentary Committee into the 2G spectrum will be made on Tuesday.
The government banks on the support of the Bharatiya Janata Party to push the Insurance and LIC Bills in the next Parliament session, but it seems to have adopted different tactics on the Goods and Services Tax (GST) Bill.
A day after the Reserve Bank raised its key interest rates to check inflation, Finance Minister Pranab Mukherjee on Wednesday indicated it may not be the last increase for now.
While accepting that there are challenges before the Indian economy arising out of domestic and global factors, the Finance Minister said he did not believe in despondency.
With people reposing faith in the UPA and voting for stability, this is the government's chance to fulfill its promises, ensure growth and development of the country, check runaway prices, and offer succour to the aam aadmi.
India's economy grew 8.8 percent year-on-year in the June quarter, the strongest performance in more than two years, powered by robust manufacturing growth.
Bowing to demands by several political parties, government on Tuesday said it has decided to include caste in census and the formality of endorsing it is expected at the next Cabinet meeting.
Finance Minister Pranab Mukherjee on Saturday exuded confidence the economy would soon break the double-digit growth barrier and said the stimulus measures will not be fully withdrawn until a robust recovery is achieved.
Defending Trinamool Congress chief Mamata Banerjee, Union Finance Minister Pranab Mukherjee said on Sunday that he found "nothing wrong" in the key United Progressive Alliance ally's statement that the killing of top Maoist leader Azad was not correct.
Finance Minister Pranab Mukherjee, while presenting the Union Budget in Lok Sabha on Friday, announced grant of project import status to 'Monorail projects for urban transport' at a concessional basic duty of 5 per cent.
The Economic Intelligence Unit (EIU), on Friday said that the Union Budget presented by Finance Minister, Pranab Mukherjee, would allow the government to start exiting from its earlier-announced stimulus measures in a calibrated manner.
The government plans to set up a commission to reform the financial sector laws and institute an independent evaluation office among others, to bring about more transparency and public accountability.
Finance Minister Pranab Mukherjee said this while presenting the Union Budget for 2010-11 in the Parliament on Friday.
Finance Minister Pranab Mukherjee said this while presenting the Union Budget for 2010-11 in the Parliament on Friday.
The announcement was made by Finance Minister Pranab Mukherjee in his Budget speech.
Finance Minister Pranab Mukherjee will soon give the green signal to the payment of 9.5 per cent interest rate on provident fund deposits during 2010-11, a senior government official said on Tuesday.
He wondered what poor farmers could be getting as there is a huge gap of Rs 6 to 7 per kg in mandi (wholesale) and retail prices.
The commission in its report, tabled in Parliament, recommended increase in share of states to 32 per cent of central tax proceeds from the current 30.5 per cent.
Railway Minister Mamata Banerjee, a strong votary of dialogue with Maoists and has sought a halt to joint security operations against them, had a meeting with Prime Minister Manmohan Singh in New Delhi on Wednesday.
"If this declining trend continues, I do hope it will have a moderating influence on the price front," Mukherjee told reporters in New Delhi.
The ailing carrier was facing a net cumulative loss of Rs 20,320 crore.
Rejecting Pakistan's contentions, External Affairs Minister Pranab Mukherjee said on Tuesday that there had been no escalation of tensions on the part of India and that its military movements were routine winter exercises.
The stimulus packages should continue for another year or at least till October 31, he said, pointing out that the economy is yet to achieve the pre-crisis level of nine per cent.
The Cabinet Committee on Security today took stock of the situation arising out of the Pune bomb blast and is understood to have discussed issues related to the upcoming foreign secretary-level talks with Pakistan.
Finance minister Pranab Mukherjee, is also believed to be in favour of decontrolling auto fuel prices to limit the government's subsidy outgo but a decision is unlikely in the next 7-10 days as United Progressive Alliance managers build political consensus on the issue, an oil ministry official said.
The five-day event, scheduled from July 18 to 22 at Kochi, Kerala, will be attended by Finance Minister Pranab Mukherjee, who will make the opening address on July 19, an official statement said.
Public-sector oil retailers are projected to lose Rs 45,571 crore on selling petrol, diesel, domestic LPG and kerosene below cost.
Tells finance ministry to allow companies a five-year timeframe
The Bharatiya Janata Party-led opposition walked out of the Lok Sabha on Thursday afternoon, specifically protesting on the issue of Balochistan and the delinking of terror from the composite dialogue process.
Finance Minister Pranab Mukherjee has said there may be 30 per cent gap in infrastructure funding requirement, targetted at Rs 41 trillion, in the 12th Five Year Plan (2012-2017).
Finance Minister Pranab Mukherjee's meeting with BJP top brass L K Advani, Leader of Opposition in Lok Sabha Sushma Swaraj, her counterpart in Rajya Sabha Arun Jaitley on Tuesday ended on a positive note with both sides reaching a consensus on most issues in the draft bill.The Parliamentary Standing Committee finalised its report on Nuclear Liability Bill. The Compensation cap raised from Rs 500 crore to Rs 1,500 crore.
India will prefer to voluntarily surrender the grant it receives from United Kingdom if the British government decided on cutting it, Finance Minister Pranab Mukherjee told Rajya Sabha on Tuesday.
Slowly, Rahul Gandhi is becoming more pro-active and taking a great deal of interest in matters of governance and key programmes of the United Progressive Alliance government. On Thursday, Rahul called on Union Finance Minister Pranab Mukherjee at his residence (the first time he paid such a visit) with a Budget wish-list.
There is no end to rising food prices in India.
Food inflation soared to 17.05 per cent for the week ended January 22, rising for the second straight week, on the back of costlier vegetables, fruits and milk.
Attributing the fall in stock markets in the past few days to selling by FIIs, Finance Minister Pranab Mukherjee asserted on Wednesday that the fundamentals are strong and the economy will clock 8.5 per cent growth in the current financial year.
Has President Pratibha Patil become an embarrassment to the United Progressive Alliance government? The answer is in the affirmative, if judged by reports emanating from the highest corridors of power.
Sources said both Mukherjee and Deora were in favour of Rs 2-3 a litre hike in petrol and diesel prices and Rs 25 per cylinder increase in LPG rates.
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