The government on Tuesday made it clear that 'polluter must pay' for the environmental and maritime losses arising out of the collision of the two ships off Mumbai coast early this month.
'In 2016, we had De-Mon and in 2017, we had GST.' 'The combined impact of these two started showing up in 2019 and 2020.' 'COVID-19 only added insult to injury.'
Today pay-later services are available for practically anything under the sun. And these include small purchases like clothes, gadgets, movie tickets, and even food.
'None other but the invincible chariot led by Modi and Shah could have taken up the challenge and won,' says Tarun Vijay.
False and acrimonious debates such as Modi versus Manmohan might allow for victories that are political and partisan. But the real loser is the nation, India and Bharat, notes Arvind Subramanian, former chief economic advisor to the Modi government in its first term.
In a statement, Pfaff also noted that the countries Netaji had approached were the only ones willing to support the fight against a common adversary.
The government on May 17 formed a five-member committee.
Likely to be merged with Union Budget from FY18
El-Sisi welcomed Modi, who is on a two-day state visit to Egypt, at the Presidential Palace where the two leaders were closeted for one-on-one meeting after which the two sides signed a memorandum of understandng.
While suburban fares remain unchanged, ordinary non-AC, non-suburban fares were increased by 1 paise per km of journey. The Railways also announced a two-paise/km hike in fares of mail/express non-AC trains and four- paise/km hike in the fares of AC classes. The fare hike is also applicable to premium trains such as Shatabdi, Rajdhani and Duronto.
For four days, the officer avoided giving any straight answers, becoming the first witness in the 48 witnesses that have appeared so far, to have achieved this feat.
Pakistan celebrated its 77th Independence Day on Monday.
Narendra Modi's real legacy will be if he can redesign the IAS and the concept of an all-India service, argues T C A Srinivasa Raghavan.
His statement comes in the wake of the defence forces' signal to its 1.5 million personnel on the 'anomalies' in the CPC, asking them to 'be patient in the larger interest of the services', which was seen as an act of defiance of the Cabinet decision to implement revised pay scales from September 1.
Pepsi will pay USD 3.13 million to resolve a charge of racial discrimination related to criminal background checks for job screenings, which led to disproportionate exclusion of 'black' applicants.
The monetary authority said it was worried on three fronts with regard to inflation as well as the economy.
The RBI said there is an upward bias on inflation projection.
Finance Minister Arun Jaitley said the government will safeguard interests of soldiers retiring at an early age through higher pensions.
'We have seen a host of businesses across sectors generate economic value and wealth for investors.'
The 6-member Monetary Policy Committee, headed by Reserve Bank of India Governor Urjit Patel, in its fifth bi-monthly review, kept the repo rate unchanged at 6 per cent and reverse repo at 5.75 per cent.
The Reserve Bank is likely to cut the repo rate by 25 basis points (bps) after the Budget.
Analysts at Bank of America Merill Lynch said that fears of inflation getting "generalised" are overdone, as only two sub-categories of fuel and light and housing (accounting for 22 per cent of the basket) have seen a price-rise above the headline 5.2 per cent.
'My appeal to ex-servicemen,' says Colonel Anil A Athale (retd), 'is please do not demean yourself and bring our izzat down to the levels of militant trade unionism of the banks or airline variety! Please accept a reasonable compromise and fight your battle with the 7th Pay Commission!'
The Plan Panel was set up by a simple government resolution in March 1950 had withstood many political and economic upheavals.
India moving in right direction on GST, says Panagariya.
Bhaichung Bhutia, India's iconic former football captain, is set to try his political luck again, this time in his native state of Sikkim, as he plans to contest the assembly elections due this year.
The foundation of the Bhima Koregaon case was blown to bits by a senior policeman, reports Jyoti Punwani.
Congress Vice President Rahul Gandhi backed the long-pending demand of 'One Rank, One Pension' for former servicemen assuring them that he will make all efforts to ensure it is met at the earliest.
DA was last revised in September last year from 100 per cent of basic pay to 107 per cent.
High frequency indicators suggest that a growth recovery is underway, but very tentatively and with weak legs, says Saugata Bhattacharya.
Rajan retained the short-term lending rate at 6.5 and the cash reserve requirement of banks at 4 per cent.
'An expanding army, rising salaries due to the 7th pay commission, and raised pensions due to OROP are consuming money at the cost of badly needed bulletproof jackets, rifles, artillery, submarines, warships and fighter aircraft,' notes Ajai Shukla.
The Indian Police Service Association in Jharkhand wrote to Prime Minister Manmohan Singh to bring to his notice 'injustice' towards the IPS in the recommendations of the sixth Pay Commission. They feel the commission has not only maintained, but increased the IAS' 'edge' over the IPS.
The government on Monday announced a one-time Rs 10,000 interest-free festival advance to all its officers and employees as part of plans to increase consumer spending to spur demand in the economy.
RBI may go for a 25-basis point cut at its February policy meet.
The April-June quarter GDP slipped to 7 per cent from 7.5 per cent.
Analysts mostly prefer domestic plays beside select films with foreign exposure.
Capex for next year expected to be up 25% to Rs 3 lakh crore
Senior advocate C Aryama Sundaram, appearing for EPS, mentioned before a bench of Justices Dinesh Maheshwari and Hrishikesh Roy and raised concerns over the problems in filing nominations in the Erode (East) by-election.
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