The Budget session of Parliament concluded on Wednesday with passage of record official business in recent years but the government failed to ensure passage of the controversial Land Acquisition Bill as also key reform measure of GST amid stiff resistance from opposition.
Would it serve India's interest to go to war with China over the Maldives, asks Aditi Phadnis.
The future of the Make in India campaign looks bleak with a generation of ill-educated jobseekers -- and especially dark if they are cannon fodder for caste riots or put behind bars for breaking India, says Sunil Sethi.
The Tribunal adjourned till Monday this matter, which was listed for 'admission' this morning.
Lagadapati Rajagopal, now being referred to as the 'pepper spray member of Parliament', is holding talks with Andhra Pradesh's caretaker Chief Minister Nallari Kiran Kumar Reddy about floating a new political party.
The government on Friday informed the Parliament that Sebi has discovered discrepancies in the claims by the bondholders and the database provided by Sahara Group in the Rs 20,000-crore (Rs 200 billion) investors money refund case.
During a media interaction, Mamata Banerjee voiced her discontent over the Centre's 'stepfatherly' attitude towards Bengal. Banerjee's detractors feel that the agenda that she conveyed to the media is nothing but an eyewash. According to them, 'Mamata and Modi are heading towards an alliance of convenience'. Indrani Roy reports from Kolkata on the agenda and politics of prime minister two-day visit to the state.
PM Modi inaugurates the second phase of Rashtrapati Bhavan museum.
Rahul said the poor, the labourers and the middle class are being sacrificed in the demonetisation 'yajna' for the benefit of the "super-rich families" of the nation.
"When it comes to economic matters, state governments have a far bigger role to play. Whether it is acquiring land for a major project or issuing a licence to a private university, the role of the state government has become very important. MLAs are bound to be natural beneficiaries of this heightened economic activity."
Various twists and turns by govt post-demonetisation prove that it has been tall order for the PM
Amid the raging row over National Herald case, the Congress on Sunday asserted that the allegations and "insinuations" against party leaders Sonia Gandhi and Rahul Gandhi are "deliberately orchestrated", "patently false" and "defamatory" as they have "not received a rupee".
The passage of the Bankruptcy Code could set the stage for other important legislation that may see India undergo more economic change than all governments combined since the reforms implemented by P V Narasimha Rao in 1991-93, says Ben Merton.
India's existing web of federal and state sales taxes is levied at different stages of the supply chain and often results in double taxation, while forcing trucks to spend nearly a quarter of their road time in border checks or other inspections.
Over 100 Opposition members of Parliament led by Congress Chief Sonia Gandhi on Tuesday marched from Parliament to the Rashtrapati Bhawan
Trouble is brewing for the Congress in Haryana with its Gurgaon Lok Sabha Member of Parliament Rao Inderjit Singh making a statement that Congress president Sonia Gandhi's son-in-law Robert Vadra must be punished if he is found guilty of 'sham land deals' in Haryana. Reenu Mittal reports
Still to recover from their electoral rout, defeated Congress members of Parliament and ministers are now faced with the heart-wrenching job of moving out of their official houses, says Rediff.com contributor Anita Katyal
According to market experts, GST Bill, movement of the rupee and uncertain global cues amid expected rate cut by the US Fed will dictate the movement of the markets.
Replying to a debate on Motion of Thanks on the President's Address which was adopted by the House later amid walkout by Congress, he replied point-by-point to the issues raised by the Opposition, including surgical strikes and allocations for Mahatma Gandhi National Rural Employment Guarantee Act, agriculture sector and for Scheduled Castes. Opposition had moved 190 amendments to the Motion which were negated.
Fifty per cent of bank restructured assets were in infrastructure, steel, power and telecom sectors.
Criticising various provisions in the proposed GST regime, Moily said it will be a "technological nightmare" and the anti-profiteering provisions in it are "far too draconian."
'What is holding this government to ransom is the Parivar. It is this group's thought process, ideals and philosophies that course through the veins of India's elected government. And it is this that is holding the government, and through it the country, to ransom.'
The industry's reactions to the Budget have been mixed.
Top 5 losers include Infosys, TCS, ITC, M&M and HUL.
One way to do a reality check on the official numbers will be to develop a desi version of what came to be called the Li index in China.
The Cabinet Committee on Political Affairs will meet on February 4 to decide the Budget session schedule. Venkaiah Naidu says the government is willing to advance the session if the Opposition agrees.
The visit of a high-level delegation of revenue officials from Bangladesh to India-Bangladesh border areas in Dhubri sector in western Assam has triggered sharp protests by political and non-political groups in Assam.
The 30-share Sensex ended down 556 points at 27,886 and the 50-share Nifty ended down 158 points at 8,444.
With tempers rising on intolerance, it will be hard to run House proceedings.
A strong proponent of the GST, Adi Godrej has been saying for five years or more that it will add one per cent to India's gross domestic product (GDP).
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Enforcement agencies will be empowered to confiscate assets
The number of cases being admitted and investigated by the Competition Commission of India has fallen drastically in recent years.
Many members of ministry panel give dissent note on clause; no clarity yet on whether it will apply to existing shares or new ones.
The states have unanimously pitched for sole administrative powers to carry out assessment, scrutiny and enforcement for entities up to an annual turnover of Rs 1.5 crore.
'GST will bring in much needed transparency and higher investments in the coming years and we hope that a few percentage points to India's GDP.'
The GST's significance for the BJP's politics is as important as its implications for the Indian economy, says A K Bhattacharya.
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India's share of 2015 emerging market allocations will be driven by FII perceptions on likely growth and reform.
Investors sought to book profits at attractive valuations after recent run up in last few trading sessions.
'We have the political will to take this to the very end.' 'But what eventually happens depends on the effectiveness, honesty and missionary zeal of the officialdom in the frontline of the battle against corruption,' says S Muralidharan.
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