PM Modi spent nearly two days interacting with a diverse group of nearly 400 civil servants
S&P Global Ratings Monday said following a decisive victory for the incumbent government, there will be continuity as well as policy stability and will result in improvement in foreign capital flows for corporates in India. According to S&P Global Ratings, the victory for the ruling government led by the Bharatiya Janata Party (BJP) in India's national elections removes one significant source of uncertainty for corporates in India. S&P said Indian corporates remain hostage to a number of worries surrounding a slowdown in global growth and trade wars. But now, the continuity of government -- which was widely cited as an additional source of uncertainty in the run-up to the elections -- is no longer one of them. "The potential for reforms following the victory is likely to maintain buoyancy in local funding markets and improve the flow of foreign capital for corporates in India," it said in a statement. Prime Minister Narendra Modi-led BJP has won 303 seats out of 542 in ...
The number of houses built and inspected in villages crossed 10 million by 2018-end, with about 3.2 million houses built in 2016-17 at its peak
Why is farm loan waiver such a bad idea? And why did policymakers jettison the idea of inheritance tax?
The Bihar BJP came out with a point by point rebuttal of the allegations.
Upendra Kushwaha was the minister of state for human resource development
25 crore labour and 15 crore daily earners have been affected due to gloomy job creation, growth
Similarities between NDA and UPA on some key policy issues are now becoming too stark to be ignored
The NDA government hasn't taken lightly Lalu Prasad's weekend open letter to the Prime Minister, attacking him for the alleged violence in the country in the name of cow protection and his advice to Narendra Modi to direct his ministers to keep cows at their homes. Ram Vilas Paswan, Minister of Consumer Affairs, Food and Public Distribution, said: "Lalu Prasad should know about the rules and regulations about people living in the Lutyens Bungalow Zone. No one is allowed to keep cows, goats or any other milk-giving animal." Giriraj Singh, Minister of State for Micro, Small and Medium Enterprises, attacked Prasad alleging caste politics. On his part, Sushil Modi tweeted that Prasad, before asking Union ministers to keep cows in their bungalows, should first direct Grand Alliance ministers to keep cows at their government bungalows.
Government should stay the course on pricing reforms
This is with reference to Sukumar Mukhopadhyay's letter, "Jaitley not to blame" (May 16), in response to T N Ninan's article, "Mr Modi's ministers" (May 14). It seems Mukhopadhyay is in a haste to support the policies of the National Democratic Alliance government.While non-performing assets of banks are indeed the legacy of the earlier United Progressive Alliance government, factors such as taxation are well within the ambit of the present government.Similarly, it is not the Reserve Bank of India policy that alone dictates interest rate. For example, reduction of interest rate in savings is hurting the common man, leading to a cut in purchasing power and weak demand in the market. Inflation is high and indirect taxes are increasingly burdening the common man.Now, the Goods and Services Tax Bill, which seeks to ensure reasonable taxation for the common man, must be the highest priority of the government.Partha Sarathi Mukhopadhyay, NagpurLetters can be mailed, faxed or e-mailed to:The