The move will help address apprehensions as well as potential disputes on various computational and transitional issues such as the loss of input credits and pricing that were bound to arise on account of the change.
Eminent jurist Ram Jethmalani on Sunday asserted that Indian Parliament "is not sovereign" for its decisions can be challenged in court, as he hit out at Finance Minister Arun Jaitley for criticising the Supreme Court verdict to scrap NJAC Act on appointment of higher judiciary.
Signs of a possible solution to the political crisis engulfing Pakistan emerged on Tuesday with the embattled government saying it has reached an agreement with Imran Khan's party on most of their demands, except that of Premier Nawaz Sharif's ouster which it said is non-negotiable.
Rahul said that an atmosphere of fear has been prevailed in the country.
Chetan Ghate, Pami Dua and Ravindra Dholakia have been appointed for 4 years
Country's economic growth at 9% requires exports to rise by around 20%, says NSC chairman Pronab Sen
The Left unions want concrete action and not just 'assurances'.
The NDA govt launched the Mudra scheme to give unsecured loans of up to Rs 10 lakh to small enterprises with the objective to provide self-employment
Deez Nuts, the independent candidate from Iowa, filed to run for the President of the United States with the Federal Election Commission last month.
'More than 1,000 start-ups are created from colleges, and more start-ups are coming up every year.'
President Pranab Mukherjee gave a touching farewell to 'gentleman' Manmohan Singh, recalling their four-decade-long association from Singh's bureaucracy days till he became the prime minister.
Delays in implementing power projects, mainly due to fuel issues, could turn Rs 1 lakh crore of bank loans into NPAs if prompt action is not taken, according to a study by KPMG.
Critics say Modi scores high on oratory but has delivered on few of his election campaign promises.
The ministry is preparing a draft note for consideration of the CCPA on pricing of diesel, kerosene and LPG, official sources said.
It takes nearly four years on an average to resolve a commercial dispute in India, making the country the world's third worst place on this front.
US President Barack Obama on Sunday affirmed his commitment to enhancing India's 'voice and vote' in global financial institutions like IMF.
Opposition leader Imran Khan on Sunday again demanded that Pakistan Prime Minister Nawaz Sharif quit for 30 days to allow an independent probe into alleged rigging in last year's polls, hours after the government outrightly rejected the proposal to end the crippling political deadlock.
We bring you some of the best pictures from across the nation in the last one week.
In the first part of an exclusive interview with Sheela Bhatt/Rediff.com on the eve of the first year of the Narendra Modi-led NDA government, BJP President Amit Shah talks about the government's achievements and the controversy over the land ordinance.
Captain Pradeep Shoury Arya is an Income-Tax officer whose mission against terrorists in J&K won him the Shaurya Chakra.
The proposals appeared so far apart that success seemed higly unlikely
RBI is expected to discuss about the impact of GST in its monetary policy.
Government tenders could soon go to bidders who promise to train highest number of youth.
11th-hour debt restructuring programme offered no concessions to creditors
India and China met and spoke a lot this year, but failed to produce any meaningful results.
Rediff.com brings you some images of the Mahatma's statues erected around the globe.
The keynote address will be given by United States President Donald Trump
Earlier, an inter-ministerial group used to take these decisions.
'The BJP portrays a make believe world.' 'The Tripura victory is being seen by some as a result of bahubal and money power -- but that would be a very simplistic explanation.' 'Money and muscle power can play a role up to a point, but the BJP's victory is remarkable because it replaced a party that was in power for 25 years.'
'Will 'Make in India' be able to harness the demographic dividend so it does not become a disaster?' 'Will 'Digital India' live up to the lofty promises the government and private sector made as part of its recent launch?'
IMF projected India's economic growth at 4.25% in 2013-14.
Re-instatement of 5% custom duty on crude imports will help.
New Delhi is approaching Gota with an open mind, observes N Sathiya Moorthy.
News of all that's transpired on and off the football field
Outlining the Budget estimates for the coming year, the Railway Minister Suresh Prabhu put the plan size at Rs 1.21 lakh crore.
'Chief Minister Devendra Fadnavis called us for a meeting in March 2016 and we submitted the same charter of demands that we are submitting now.' 'He gave us wishy-washy assurances.' 'We thought he was the new chief minister and we believed him, but later we found out that nothing is moving on the ground.' 'This time we want a written assurance and a concrete timetable for implementation.' 'We will not leave Mumbai, come what may.'
The initiatives intended to benefit the common man include e-ticketing, catering on demand, bio-toilets, food for infants, better stations.
India must do away with policy paralysis to ensure growth in agriculture.
Duty cut on raw material imports are not likely.
Pranab Mukherjee's book The Dramatic Decade: The Indira Gandhi Years takes the readers through the economic and social unrest of the period leading up to the emergency, rise and fall of leaders, many splits within the Congress, while promising to offer more in the next two volumes of the trilogy, says Nivedita Mookerji.
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