The nearly two month-long grueling campaigning in peak summer for the May 16 Tamil Nadu assembly election that is witnessing a multi-cornered contest comes to an end on Saturday.
The minders of the Modi government's economic policy believe it would take 7 to 8 quarters -- or till around late 2018 -- for the economy to reap the rewards of demonetisation.
Nearly 490 million people of working age are outside the bounds of India's unemployment assessments. A decrease in the unemployment rate could signal economic growth, but could just as well mean that people have given up looking for work. A revealing excerpt from Tata Sons Chairman N Chandrasekaran and Tata Chief Economist Roopa Purushothaman's Bridgital Nation: Solving Technology's People Problem.
The Swaraj India chief alleged that the raid was conducted at his sisters' hospital-cum-nursing home premises with an intent to "intimidate" and "silence" him as he had launched an agitation for fair crop price for farmers and against liquor shops in that city in Haryana.
Bulk seizures of new currency continued on Saturday with some more incidents being reported, including one in which the IT department recovered Rs 5.7 crore cash in new notes secretly stashed inside the bathroom tiles of a hawala dealer in Chitradurga district in Karnataka.
The government is beefing up enforcement against tax cheats in real estate sector, says Panagariya
'We say we are proud to be Indian. Can we be proud of such an India where its people are hungry and on the streets?'
While six of the 14 suspects were picked up on Friday from Karnataka, four are from Hyderabad and two each from Mumbai and Uttar Pradesh.
The CAG audit may look into expenditure on printing of notes, RBI dividend payout and banking transaction data.
'Their vote bank has shifted to the BJP; the Congress is yet to realise it.'
'Where children are told soothing bedtime tales, our daily fare were stories of the bloodshed my family had witnessed, scenes, my father said, of the sewers turning red and the overpowering stench of corpses,' remembers Sunil Sethi.
'The D K Adikesavulu clan is so wealthy, owns so many houses, and has so much jewellery,' notes T V R Shenoy, 'that it did not notice a servant stealing at the rate of Rs 66 lakh every year!'
Lack of decisiveness and courage to deal with PSBs may turn out be the biggest impediment to the Modi government's economic initiatives, says Debashis Basu.
Immediately after taking over as the Board of Control for Cricket in India president for the second time, Shashank Manohar stressed that his priority is to address the conflict of interest in the BCCI, prevent corruption and make the functioning of the Board transparent.
Like Indira Gandhi, even Narendra Modi seems to be relying on directing public-sector banks through ministry of finance supported by party cadres, says Debashis Basu.
'His portrayal of Income Tax Commissioner Amay Patnaik relies on his firm footing as a man of consequence to pitch itself as a tribute to the IT department's unsung heroes.' 'It's the most I've enjoyed watching Ajay Devgn in a while,' says Sukanya Verma.
While an import duty is ruled out, a small excise duty on jewellery manufacturing can be on the cards.
Gold schemes are offering attractive returns to investors.
'The government's principal aim should be to reduce the volume of cash transactions.' 'That would bring more of the Indian economy within the purview of taxation.' 'The current downturn in economic activity due to a lack of adequate cash is likely to be limited to a year,'
More than 5.79 crore voters will seal the fate of 3,740 aspirants including arch rivals Chief Minister Jayalalithaa and Dravida Munnetra Kazagham president M Karunanidhi, as the stage is set for polling in 233 assembly seats in Tamil Nadu under tight vigil on Monday.
Given the international practice, it is inexplicable why the government is going with anonymous electoral bonds.
The Supreme Court on Friday refused to go into a plea seeking probe by an special investigation team into alleged recovery of documents by the IT department in connection with raids on two business houses in New Delhi.
'GST had to come close on the heels of demonetisation as part of the same package.'
Cap on bank withdrawals to be reviewed after Dec 30, says finance secy.
Why did such a 'socially conscientious' people adapt to cash-for-votes and the like, as fish to water? N Sathiya Moorthy offers an explanation.
'If the BJP wins UP and one or two other states, it could get emboldened and press ahead with its reckless agenda, as well as its divisive agenda.' 'If the BJP fails to form the government in UP and suffers a setback in Punjab and maybe one other state, it could go either way: It could become more reckless or pull back, pause and take stock, moderate its position.'
Deposits of Rs 3 lakh are "justified" if a person has an annual taxable income of Rs 10 lakh and the tax department will "not touch" him.
Venkaiah Naidu said 'let there be a discussion... November 8 is a historic day'.
Snapdeal said it will give its users the option to defer the delivery by a few days till new currency notes become easily available.
Switzerland remains the 'biggest private banking financial centres for cross border wealth management' with assets worth over CHF 2.11 trillion ($2.2 trillion), as per the study conducted by the Swiss Bankers Association and the Boston Consulting Group.
Addressing the nation on the 71st Independence Day from the ramparts of the historic Red Fort, he asserted that his government is committed to restoring the lost glory of Kashmir and its status as 'heaven on earth'.
Despite a strong anti-corruption mood, where election costs are seen as the driver for graft, politicians don't change their spots. Unsurprisingly, this trend of unleashing cash can be expected to continue in this Lok Sabha elections too, says Mahesh Vijapurkar.
'When I met the prime minister on November 15 there was no RBI report with the prime minister as to why this was done.' 'When I asked the PMO officer about this, he said the RBI did not bring this to the PM and did it independently.' 'When I asked how could the RBI ban DCCBs from accepting deposits from farmers in old notes when the government gazette released on November 9 allowed them to do so, this officer told me that not even senior PMO officials had any idea about this RBI ban.'
Prime Minister Narendra Modi's desire to showcase India as a destination for manufacturing is well understood.
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In an hour-long chat on rediff.com on Friday, A K Prabhakar, senior VP and Head -- Equity Research (Retail), Anand Rathi Financial Services Ltd, discussed the best stocks to put the investors' money in.
'It may take the AIADMK much more convincing than already, not only to try and bring around even the one-time Muslim voters of the party. 'More importantly, the party leadership may find it even more difficult to convince traditional party voters and cadres, who had admired Jaya's nonchalance to the party and leader ruling the Centre,' says N Sathiya Moorthy.
There are millions of taxpayers, all of whom are susceptible to this frustrating situation.
The government has provided a long-term vision.
When people say the two-day visit was been successful in taking back the bilateral relationship to the political plane, essentially the reference (mostly left unsaid) is to the wresting of initiative from the intelligence 'agencies', whose meddling had hurt bilateral ties, says the distinguished editor Kanak Mani Dixit.
