Regular knock out defeats at global events gives rise to serious questions
He also lashed out at veteran Congress leader Ambika Soni for her statement on the "repercussions of having a Hindu chief minister in Punjab".
'We have to think of the repercussions if public sector banks are privatised and if they go to foreign hands.'
The GST will replace more than a dozen levies central and state levies, including central excise duty, service tax and central sales tax as well as VAT on sale of goods and entry tax, to make movement of goods seamless across 1.3 billion market.
'If we are to be a contributor to the economy, we have to reduce carbon and imports.' 'We will achieve both -- that's our target.'
'... that they should listen to people of the soil of the North East and find a permanent solution to tribal problems.'
International oil prices retreated from an over seven-year high but was still above $100 a barrel and continue to pose threat to India's inflation rate and current account deficit. While there are no supply concerns as the oil route remained open, consumers will feel the pinch when PSU oil firms start passing on the increase in international rates through a revision in petrol and diesel prices, which have been on a pause for over three-and-a-half-months in view of elections in Uttar Pradesh and four other states. The government is "closely monitoring the situation" and will "take appropriate steps as and when required", a top official said. Brent crude oil surged past $105 per barrel on Thursday for the first time since August 2014, following Russia's invasion of Ukraine.
Team combination a worry for India
16 Indian Army divisions face China, 20 face Pakistan and two divisions are reserves. This powerful signal can hardly be missed in China or Pakistan, notes Ajai Shukla.
'They fear their caste privilege will be exposed if there is an OBC caste census.'
Their implementation is expected to create investment owing to improving ease of doing business as well as initiating pro-worker measures.
'My parents had no idea what CA is or how difficult it is to crack the exam.'
If Rahul's yatra makes a political statement from the other side of the aisle and Shah Rukh's success underlines a more relaxed popular mood, Mr Modi and Mr Bhagwat's cues to their followers are coming from another place, observes Shekhar Gupta.
The Indian economy has recovered 'handsomely' from the pandemic-induced disruptions, former Niti Aayog vice chairman Arvind Panagariya said on Tuesday, while expressing hope that the recovery will be sustained and the growth rate of 7 to 8 per cent will be restored. Panagariya suggested that the government must now signal its intention to wind down fiscal deficit by cutting it by half-to-one percentage point in 2022-23. "The Indian economy has recovered handsomely, returning to its pre-COVID GDP... "Only private consumption is still below its pre-COVID-19 level," the eminent economist told PTI in an interview.
The high court directed the Food Safety and Standards Authority of India (FSSAI) to issue a fresh communication to all the authorities concerned stating the obligation to make clear disclosure as to whether the food article is vegetarian or non-vegetarian.
Here are edited excerpts from Dravida Munnetra Kazhagam's Kanimozhi's speech during which she pushed for sending the bill to a Select Committee, arguing that further examination was required to decide whether the age for punitive action should be reduced to 16 years from the current level of 18 years.
A day after the Reserve Bank of India's (RBI's) Monetary Policy Committee hiked the policy repo rate by 50 basis points (bps), several commercial banks, including ICICI Bank and Bank of Baroda, raised their external benchmark-linked loan rates by an equal amount on Thursday. HDFC, the country's largest mortgage lender, too, increased its interest rates on housing loans by another 50 bps. In total, it has raised rates by 85 bps since May 4, when the RBI had increased the repo rate by 40 bps in an off-cycle meeting.
They said this was preliminary voter turnout and the final figure may cross 80 per cent as electoral fate of 301 candidates were locked in EVMs which will be opened on March 10 for counting.
But Trump is about to announce his candidacy for president in 2024. And it is not clear if Florida Governor Ron DeSantis, the present hero of disenchanted Republicans, or Biden, who says he might seek re-election (but will decide in 2023), can checkmate Trump, notes Shreekant Sambrani.
International oil prices surged close to $100 a barrel on Tuesday after Russian President Vladimir Putin sent troops into Ukraine, but petrol and diesel prices in India continue to be on freeze and are expected to rise once assembly elections in states like Uttar Pradesh end. Amid fears of supplies being disrupted because of Russian aggression, the price of futures contract for Brent crude oil with April delivery on London's ICE rose by 4.18 per cent to $99.38 per barrel on Tuesday morning, before paring some gains to settle just above $98. The last time Brent exceeded $99 per barrel was in September 2014. Russia makes up for a third of Europe's natural gas and about 10 per cent of global oil production.
The current draft of the Goods and Services Tax could kill any hope of economic revival - and you should blame the Congress if it rolls over and lets it pass, says Mihir S Sharma.
No major glitches in electronic voting machines were reported and the voting passed off peacefully with high security observed at the 3,360 critical booths in 493 locations where more than 25,000 police personnel, nearly 13,000 home guards and 100 companies of paramilitary forces were deployed, officials said.
Major Ruchi Agarwal is commander of the United Nations Female Engagement Team in the conflict-ridden Democratic Republic of Congo.
Shaktikanta Das is a master of the finest balancing act who listens to all but takes his own decisions, discovers Tamal Bandyopadhyay.
This will have an impact on inflation as everyone in the value chain passes on the costs.
The Budget oration of the finance minister and the confidence with which she delivered it, along with the measures and the recent upsurge in the economy would all contribute to unleashing the storied 'animal spirits' and help the economy run on the growth path quite smoothly. Or so the government hopes, notes Shreekant Sambrani.
The apex court, which had passed an order on May 10 and noted that no reservation for OBCs can be provisioned until the triple test formality is completed 'in all respects' by the state government, permitted the state to notify the reservation pattern local body wise as delineated in the reports of the dedicated commission.
The real battle for NEET abolition can take much more time and energy, observes N Sathiya Moorthy.
Tuition classes: Saviours or demons, asks Ajit Balakrishnan.
Poor governance and mediocre short-sighted politics are destroying the paradise that Goa was as its environment, water table, culture and way of life is drastically threatened by tourism and migration, points out Ramesh Menon.
Union Home Minister Amit Shah on Thursday said the Bharatiya Janata Party is committed to bring Uniform Civil Code (UCC) in the country but only after following all democratic processes and discussions on it.
A high voter turnout of nearly 71 per cent was recorded till 5 pm on Saturday in West Bengal's four assembly constituencies where bypolls were held, an official said.
The defence budget was increased to Rs 3.37 lakh crore for 2020-21 against last year's Rs 3.18 lakh crore.
The unexpected interest rate hike by the RBI on Wednesday will have the banking system on average making a 10-15 bps gains on the yields, with private banks making larger gains as 57 per cent of their loans are linked to external benchmark rate and 40 per cent to the marginal cost of lending rates, as per a report. Stating that lenders and borrowers will face volatile times with the Reserve Bank raising the repo rate by 40 bps to 4.40 per cent and the cash reserve ratio (CRR) by 50 bps on May 4 in an off-cycle policy move, India Ratings said the market rates had already been moving higher before the move. The 364-day T-bills have moved up 120 bps and 10-year G-sec by 140 bps since May 2020, when the repo rate was cut to a record 4 per cent, which led to an expectation of a faster and sharper rise in interest rates in the system but the central bank stayed the course to support the fragile economy battered by the pandemic.
The economy segment of India's car market is unlikely to revive soon term as inflation and prices prompt buyers to defer purchases. The share of entry-level cars in the passenger vehicle market dropped to the lowest in seven years at the end of the Financial Year 2021-22 (FY22). A recovery in the segment will be largely driven by the overall economic growth, improvement in income levels, and easing of semiconductor shortage, say carmakers and analysts.
Retail inflation hit an eight-month high of 6.07 per cent in February, remaining above the RBI's comfort level for the second month in a row, while wholesale price-based inflation soared to 13.11 per cent on account of hardening of crude oil and non-food item prices, government data showed on Monday. The previous high for retail inflation was 6.26 per cent in June 2021. The consumer price index (CPI) based retail inflation, which is taken into account by the Reserve Bank of India (RBI) while deciding its monetary policy, rose mainly because of costlier food items, as per the data released by the National Statistical Office (NSO).
Ramesh Menon, the veteran journalist suggests Prime Minister Narendra Damodardas Modi what he should do if he wants to win 2024 Lok Sabha elections.
The increase in the number of lady students is the result of the hard work by a team of ITI teachers who went from village to village, visiting every school and encouraging students to join the institute.
The government has given up plans to reconvene a parliament session to secure approval for a common goods and services tax.
'Politicians want pliable policemen who would carry out their orders, right or wrong, lawful or illegal.'
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