India's per capita expenditure on defence is less than $10, while the average expenditure of the top ten spenders in Asia is $800 approximately.
Anna Hazare's major demand is set to be met with the government on Thursday deciding to have a discussion in the Lok Sabha on Friday on the Jan Lokpal Bill.
The text of Prime Minister Manmohan Singh's opening remarks at the all party meeting on Lokpal Bill
Directly reaching out to Anna Hazare on the eighth day of his fast, a concerned Prime Minister Manmohan Singh today appealed to the Gandhian to end his hunger strike with a promise that his version of Lokpal Bill could be referred to the Parliamentary Standing Committee if rules permit.
Union Home Minister P Chidambaram on Thursday said activist Anna Hazare's plan to go on fast from August 16 on Lokpal issue is "unjustified" at this stage, when it is moving forward on the passage of the bill.
A parliamentary standing committee has recommended that death penalty should be slapped on hijackers only if they kill any hostage or security men and not on anybody declared a hijacker.
Replying to a query, whether the government has made any assessment of black money stashed by Indians in foreign countries, Jaitley said there is no official estimation of that.
RBI Governor Raghuram Rajan on Tuesday said the Finance Ministry's decision to provide more capital to PSU banks will lower the borrowing cost and increase their capacity to lend, besides promoting investments.
The rules are being framed to maintain absolute transparency and fair play in investigations.
The bench posted the matter for hearing on July 17.
Stepping up its attack on the Union Health Minister over the removal of All India Institute of Medical Sciences Chief Vigilance Officer Sanjeev Chaturvedi, the Aam Aadmi Party on Friday called for the immediate sacking or resignation of Harsh Vardhan.
As the debate on revealing names of those who had stashed money abroad was hotting up, a Parliamentary panel grilled finance ministry officials on why the confidentiality clause was put in tax treaties in the first place.
The government has set a total revenue target of Rs 40,874.5 crore (Rs 408.74 billion) this fiscal from spectrum, including auction amount, one-time spectrum charge and annual regular licence fee.