The idea is to boost household savings and turn more of them into growth capital. If the plan succeeds, sustained eight per cent-plus rates of gross domestic product growth should be within reach in a few years.
'It seems to me that bringing Rahul in now would be like throwing petrol on the flames consuming Congress,' says Aakar Patel.
Amethi's member of Parliament failed to use his first formal television interview to reach out to the people in general and the electorate in particular ahead of the crucial elections in which the Congress has already been written off by opinion polls and surveys. He did little to change that impression by failing to exploit the platform provided to him.
Shaken by Justice RM Lodha committee's recommended reforms of its governance structure, the Board of Control for Cricket in India has decided to call a Special General Meeting (SGM) within the next two weeks to discuss the implications of the report.
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.
The so-called soil scam has left Lalu alone in the Mahagathbandhan.
With Rahul Gandhi slamming the ordinance against the disqualification of convicted lawmakers, the government is expected to take back the controversial measure, Congress indicated on Friday.
Union Finance Minister Arun Jaitley on Monday filed civil defamation suit in the Delhi high court against Chief Minister Arvind Kejriwal and Aam Aadmi Party leaders, amid a raging row over irregularities in the Delhi and District Cricket Association and allegations of corruption against him by the Delhi government.
...And Jennifer Aniston off it, in Sukanya Verma's super filmi week!
India's rising GDP may have propelled the middle class to become richer, buy new cars, travel around the world and build assets, but it further pushed the economically disadvantaged and poor into poverty and drudgery, says Devanik Saha.
'This is a movie made with this gaze fixed on its immediate well-wishers, while at the same time it squints hard looking for those swaying back and forth on the fence,' notes Rohit Sathish Nair.
As a consensus remains elusive on key economic policies like foreign investment norms, industry leader Deepak Parekh has said India's FDI policy is akin to 'inviting guests over to our house, but not opening the door'.
Donald Trump and General H R McMaster: It is almost like the Chinese monarch Helü with Sun Tzu at his side.
'It's scary to know that those arrested passed on sketches of warships etc to the ISI.' 'Who are the people behind the masks? Are they hiding in our various defence units?'
'It would be unfair on the Mumbai police to believe that D has compromised the force. We should not forget that today the underworld in Mumbai stands decimated because of the efforts of the Mumbai police.'
The Bank of Japan's action has nullified the effects of the end of the US' quantitative easing programme but the dependence of foreign institutional investors remains a concern
Pakistan's prime minister is trying to use the unrest in Kashmir to save his government, says Ambassador G Parthasarathy, a former high commissioner to Islamabad.
While I&B Minister Manish Tewari seems desperate for the Chandigarh Lok Sabha seat, the Congress leadership is having a tough time choosing the right candidates. Anita Katyal reports
The enduring images of the Games will be not just the great sporting achievements - from US swimmer Michael Phelps' 28th Olympic medal to Usain Bolt's historic sprint 'triple triple' - but also the organizational problems, empty seats and crime.
'You know, there's not much else happening other than the juicy murder story starring the TV mogul's trophy turned huntress wife,' says Mango Indian.
The year-end assembly elections in Madhya Pradesh, Chhattisgarh, Delhi, Rajasthan and Mizoram, the dates for which were announced by the Election Commission on Friday, have acquired a special significance as the results of these polls are expected to set the tone for the 2014 Lok Sabha elections.
About 17 lakh investors, mostly in West Bengal, who have lost crores of rupees in the Saradha chit fund scam are fast losing hope. The scandal continues to roil West Bengal political circles with several ruling Trinamool Congress leaders being implicated and some arrested. Even West Bengal Chief Minister Mamata Banerjee's name has been dragged into the sordid mess. Indrani Roy presents a FAQ on what the scam is about and the main players behind it.
The government does not seem to have sufficient grounds to invoke the CBI against Teesta Setalvad.
Storming the capital with a whirlwind campaign, Narendra Modi on Saturday attacked Prime Minister Manmohan Singh and Finance Minister P Chidambaram and alleged that they have ruined the country with their "bookish knowledge".
Transcript of the political resolution adopted by the Bharatiya Janata Party in its national executive meeting in Panaji, Goa on Sunday.
Democrat Hillary Clinton and Republican Donald Trump have both won the most states in the biggest day of the race for the US presidential nomination.
Breaking his silence, Finance Minister Arun Jaitley on Tuesday came out in strong defence of External Affairs Minister Sushma Swaraj in the 'Modigate' saying she acted "bona fide" and with "good intentions" and the entire government and party were one on the issue.
'America's withdrawal from Vietnam was an inspiring moment for all of us. We believed that it was a glorious victory of ideology and spirit and as historic as the defeat of the Nazis exactly 30 years ago,' remembers Kumar Ketkar 40 years after the end of the Vietnam War.
Democratic presidential nominee Hillary Clinton is the only candidate in the race to the White House who has devoted her entire life to the people of America, outgoing US President Barack Obama has said.
Natwar Singh's book is un-illuminating, largely self-justificatory, often contradictory, and at times tendentious. He is too preoccupied with depicting himself as a victim of the Congress party's machinations, says Praful Bidwai.
In a society where corruption is endemic and you want to get something done then it is all too tempting to offer a bribe, Swraj Paul said.
'The Ek Do Teen song was shot for many days.' 'Listening to it so many times during the shoot, we knew it would be a big hit.' 'When Tezaab was released, Madhuri had gone to the US for a holiday.' 'When she returned to Mumbai, there was a large crowd waiting for her at the airport, calling out 'Mohini, Mohini,' her character from Tezaab.' 'That day Madhuri had arrived in the real sense.'
Royal Bank of Scotland and JP Morgan were also fined over attempts to rig currency benchmarks in a year-long probe that has put the largely unregulated $5 trillion-a-day market on a tighter leash, with dozens of dealers suspended or fired.
A look at few gurus who have attracted controversy in recent times.
The Modi wave has blotched the Congress party's copybook. For the first time since the Lok Sabha was constituted in 1952, the party has failed to secure enough seats to be designated as a parliamentary party, notes A Surya Prakash.
'It was almost as though there was widespread relief that the defence bureaucracy, and the minister, could find someone willing to shoulder the blame for everything that had gone wrong with the services under Antony's charge -- the poor preparedness of the forces, slow acquisitions caused by indecision, cancellation of contracts and whimsical blacklisting of defence contractors over the tiniest suspicion that they may have paid speed money or kickbacks.'
'If every city had the strongest tools that are currently available only to a few, the world's climate prospects would glow far more brightly.'
Norway's Kjetil Jansrud sped to Olympic gold in the men's Super-G alpine skiing on Sunday and Eva Samkova of the Czech Republic won the women's snowboarding cross on the testing course where a Russian skier broke her back a day earlier.
More arrests are likely in this case, being probed by the elite crime branch, in the next couple of days.
'Rahul Gandhi was not wrong in invoking the 2002 Gujarat riots but when Arnab Goswami threw the curve ball of judicial clean chit to Modi, he did not know what to say. A better-prepared man would have come back that it was not a question of judicial clean chits but about owing up moral responsibility, would have even cited AB Vajpayee's own rajdharma plea,' argues Saisuresh Sivaswamy.
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