After a week-long washout, Lok Sabha transacted some business on Monday as two bills were introduced and another taken up for consideration even as Congress and some other parties continued their vociferous protests, along with display of placards.
The local markets are expected to react to global triggers until the government announces the Union Budget.
A section of analysts feel now may not be a bad time to buy select PSBs.
Apart from the much-reported constitutional and political hurdles on a national Goods and Services Tax (GST), there is another basic one. Barely half of dealers in the country have a Permanent Account Number (PAN) from the tax department.
Centre clears eight new schools to bridge regional imbalance in the armed forces.
Meet to review progress on lending, impact of recent rate cuts and what is being done on NPAs, among other things
'The big elephant in the room is our misguided view about the rupee.' 'India is scared that if our currency appreciates, who will buy from us. But a breakout is inevitable.'
A large number of rich farmers, who earn more than salaried employees in the cities, get away with paying no tax at all in view of the government's lack of will to consider an agricultural income tax
The event was attended by senior Congress leaders such as former prime minister Manmohan Singh
Official websites of some states haven't been updated for years
The 30-share Sensex ended down 604 points at 28,845 and the 50-share Nifty ended down 181 points at 8,757. The Bank Nifty ended down 602 points at 19,146.
'Though federal, the Constitution is unitary in nature. All matters relating to revenue are centralised. It is necessary that matters related to finance have to be decentralised... States need more freedom in designing schemes with their interest in mind. There has to be a Constitutional amendment to give more powers to the states. A special session of Parliament should amend the Constitution, especially the 7th Schedule,' Kerala Finance Minister K M Mani tells Rediff.com's Shobha Warrier.
While one of them is on the verge of opening, three others are expected to come up in the next three years.
Trinamool leaders have claimed the NRC process and subsequent verification is vote bank politics. Other critics call it as modified ethnic cleansing. But putting poll rhetoric aside, the issue dates back to a time when many of these leaders had no political relevance.
Delhi's air is a desperate problem, but some of the solutions have been too desperate and unthinking.
United Progressive Alliance-led government proposed lenders as insurance brokers; new FM not too keen, say insurers.
In a message to public sector banks (PSBs) that only performers will survive, the government, in an unprecedented move, has decided to allocate capital to only nine PSBs.
IIP for November 2015 and CPI for December 2015 will be announced today.
On day 1, says retrospective taxation should be avoided; Sets up special investigation team to unearth black money.
The government had last week decided to set up the 51 airports to enhance air connectivity to small cities in Andhra Pradesh, Jharkhand, Bihar, Punjab, Uttar Pradesh, Assam, Arunachal Pradesh, Madhya Pradesh, Rajasthan and Maharashtra.
SBI remains a favourite of most brokerages in the PSB segment.
Delhi Metro, Yamuna-expressway and Tata Power's Mundra ultra mega power project in Gujarat are among the six ventures that have figured in the list of world's most innovative, impactful infrastructure projects prepared by international accounting firm KPMG.
'I want to ask Modiji is the support price announced by him good enough to make a farmer's sons to start farming in their villages?' 'Can he swear by Bharat Mata and say that is true?'
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The power of a nation is directly related to the revenues it realises from its citizens. But India loses a gargantuan Rs 5.8 lakh crore, as the IT department drags its feet over recovering uncollected taxes in time or holding up files in appeal cases, says Mohan Guruswamy.
In India, the shortage is of high quality higher education institutions.
On Tuesday, Finance Minister P Chidambaram had more than adequately made clear that the government would be allocating Rs 14,000 crore through Budget, the Financial Services Secretary said.
India now faced a higher likelihood of a drought in some parts, as monsoon rain would be less than predicted in April, private weather forecaster Skymet said on Friday.
India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles
Business reacted with caution to the reforms of 1991, and demanded protection from multinationals and imports. Twenty-five years later, traces of that demand can still be found, reports Bhupesh Bhandari.
Congress leaders are worried as to when Rahul Gandhi will get down to undertaking the long overdue AICC
Following the Supreme Court ruling against liquor being sold within 500 metres of state and national highways, the infamous Indian jugaad is in play once again. Veenu Sandhu, Nikita Puri, Ranjita Ganesan & Avishek Rakshit find out how India is coping.
It was the rejection of the Congress' welfarist economics by voters that led to the party's drubbing, says Andy Mukherjee.
Rahul exuded confidence that his party will emerge victorious in Karnataka, Rajasthan, Madhya Pradesh and Chhattisgarh assembly polls and defeat the BJP in the 2019 general polls.
'I am quite optimistic that sooner or later, my wishful thinking would turn into a reality.' The only hitch is that the INC president's own career ambitions may be hurt if the Congress merges with the BJP,' says Sudhir Bisht.
Out to prove his critics wrong, Haryana Chief Minister Bhupinder Singh Hooda says it's not anti-incumbency but pro-incumbency that will work in his favour and give him a third term.
At 24, an age when most people struggle to make a mark in their first jobs, Krishanu Kona rode solo for 224 days non-stop, covering 25 states.
Punjabi singer-actor Gippy Grewal gets ready for his Bollywood innings.
HPCL is now ready to increase the stake of the state government up to 49 per cent.
'Modi swept the 2014 elections for two main reasons: First, the disgust with the Congress government with a non-functional prime minister, and second, more importantly, his promise of performance and hope.' 'He cannot expect to win 2019 on these planks again. His own success in finishing the Congress will take away one plank, and with five years of reign on his CV, he will need to flaunt performance more than promise.'
'With increasing numbers of juveniles committing heinous crimes, we believe such juveniles must go into the adult system and be punished,' Minister Maneka Gandhi tells Rashme Sehgal.
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